October 2021 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division October 31, 2021 To the Mayor and City Council: This is the City's Financial Report for October, the fourth month of fiscal year 2021-22. This financial report summarizes revenues and expenditures by major categories. The report consists of three sections: Expenditures by Program General Fund Presents a five year history, including current year budget and actual, and variance and trend analysis for general fund expenditures. Citywide Presents a five year history, including current year budget and actual, and variance and trend analysis for citywide expenditures. Revenues by Source Presents a current year budget to actual analysis as well as a three year variance and trend analysis for various revenue sources. Financial Schedules General Fund Summary Presents comparisons of year-to-date balances to the fiscal year budget and to the actual results for the prior year for the general fund. Citywide Summary Presents the City's summarized comparisons of the year-to-date balances to the fiscal year budget and to the actual results for the prior year. Citywide Detail Presents, in detail, the results of the City's operations for the current month and for the fiscal year-to-date. Included are breakdowns of the City's revenues, operating budget expenditures, capital budget expenditures and bonds authorized and sold. Respectfully submitted, Kathleen Gitkin Chief Financial Officer John Gamble Deputy Finance Director December 8, 2021 CITY AUDITOR REPORT To the Chief Financial Officer, We have assessed the Finance Department’s (Finance) October 2021 Monthly Financial Report (MFR) in accordance with the agreed-upon procedures engagement between Finance and the City Auditor Department (Audit). The City Charter requires Finance to prepare a monthly, written report to the City Council detailing expenditures, revenues, and the City’s financial condition. Finance is responsible for compiling an accurate and complete MFR. Finance and Audit entered into an agreed-upon procedures engagement for the assessment of the MFR on September 27, 2021. The agreed-upon procedures include the following: • Verification of mathematical calculations presented within the MFR, and • Reconciliation of stated financial data presented within the MFR to historical data supplied by Finance. This engagement was conducted in accordance with the attestation standards established by Generally Accepted Government Auditing Standards (GAGAS). Because the agreed-upon procedures listed above do not constitute an examination or a review, we will not express an opinion on the MFR as a whole. Had we performed additional procedures; other matters may have come to our attention which would have been reported. The sufficiency of the procedures is solely the responsibility of parties specified in the agreed-upon procedures engagement agreement. Based on the agreed-upon procedures, we verified that the presented financial data was mathematically accurate and tied to historical data presented in the MFR. Sincerely, Ross Tate City Auditor City of Phoenix Monthly Financial Report October 2021 Table of Contents Page Performance Status General Fund Total Expenditures 1 Monitor and Consider Taking Action General Government 1 Monitor and Consider Taking Action Criminal Justice 2 Better than Expected Public Safety 2 Better than Expected Transportation 3 Monitor and Consider Taking Action Community Development 3 Better than Expected Community Enrichment 4 Better than Expected Environmental Services 4 Monitor and Consider Taking Action Citywide Total Operating Expenditures 5 Better than Expected General Government 5 Better than Expected Criminal Justice 6 Better than Expected Expenditures by Programs General Fund Expenditures Citywide Expenditures Public Safety 6 Better than Expected Transportation 7 Monitor and Consider Taking Action Community Development 7 Better than Expected Community Enrichment 8 Monitor and Consider Taking Action Environmental Services 8 Monitor and Consider Taking Action General Obligation Debt Service 9 Better than Expected Capital Expenditures CIP-General Government 10 CIP-Aviation 10 CIP-Phoenix Convention Center 11 CIP-Solid Waste Disposal 11 CIP-Wastewater 12 CIP-Water System 12 Revenues by Source Page Performance Status General Fund Total Operating Revenue 13 Expected Property Tax 14 Better than Expected Local Sales Tax 15 Better than Expected State Sales Tax 16 Better than Expected Vehicle License Tax 17 Monitor and Consider Taking Action Governmental Funds 18 Monitor and Consider Taking Action Aviation 19 Better than Expected Water System 20 Monitor and Consider Taking Action Wastewater 21 Better than Expected Financial Schedules General Fund Revenue Page 22 General Fund Expenditures 23 Citywide Operating Revenue 24 Citywide Operating Expenditures 25 Citywide Operating Revenue by Source 26 Citywide Operating Expenditures by Program 30 Capital Expenditures and Encumbrances 33 Bonds Authorized and Sold 34 Appendix A - Additional Detail for Revenues Notes: Performance Status Better than Expected - Positive variance of greater than 1% actual vs budget. Expected - Actual vs budget variance within 1% positive or negative. Monitor and Consider Taking Action - Negative variance greater than 1% actual vs budget. Corrective Action Taken - Negative variance greater than 1% actual vs budget, however the City has taken action to address the negative variance. Report Navigation Click on the performance status next to a report to be taken directly to that page. From any page of the report, click on the City of Phoenix Bird Emblem to return to the Table of Contents. General Fund Expenditures Expenditures from the City's General Fund for core functions such as Police, Fire, Parks, Streets and Social Services as well as administrative functions such as Mayor and Council, City Manager, Finance, and Human Resources. This does not include any expenditures from dedicated revenue streams such as grants, bonds, specifically dedicated taxes, and enterprise revenues. October General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Total General Fund Expenditures 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 416,493 1,177,280 35.4% 428,003 1,214,362 35.2% 466,266 1,282,831 36.3% 466,370 1,371,152 34.0% 548,182 1,494,453 36.7% * - For prior years-total actual expenditures, for current year-total approved budget net of adjustment for contingencies. Monitor and Consider Taking Action Total General Fund General Government $1,600,000 $1,400,000 $1,400,000 $1,200,000 $1,200,000 $1,000,000 $1,000,000 $800,000 $800,000 October YTD October YTD Expenditures Expenditures $600,000 $600,000 Annual Annual Expenditures * Expenditures * $400,000 $400,000 $200,000 $200,000 $0 $0 17-18 17-18 18-19 19-20 18-19 20-21 19-20 21-22 In order to have a better comparison to prior year actuals, contingencies and vacancy savings will only be included in the annual budget to the extent that they have been spent. The general fund provides for core City functions that are not provided by dedicated revenue streams. It does not include services provided by dedicated taxes, grants, bond proceeds or enterprise fund revenues. The fiscal year 2021-22 budgeted general fund expenditures are 9.0% higher than the fiscal year 2020-21 actuals. Fiscal year 2021-22 actual general fund expenditures through October are 17.5% higher than the same period in fiscal year 2020-21. General fund expenditures increased 6.9% in fiscal year 2020-21 over fiscal year 2019-20. This followed increases of 5.6% and 3.1% in the two prior years. General Government 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 43,041 110,408 39.0% 44,767 114,393 39.1% 53,882 123,100 43.8% 52,812 154,211 34.2% 61,716 169,980 36.3% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action Criminal GeneralJustice Government $140,000 $180,000 $120,000 $160,000 $100,000 $140,000 $120,000 $80,000 $100,000 $60,000 $80,000 $60,000 $40,000 $40,000 $20,000 $20,000 $0 October YTD Expenditures October YTD Expenditures Annual Expenditures * Annual Expenditures * 17-18 18-19 18-19 17-18 19-20 19-20 20-21 21-22 General government expenditures include costs for administrative and internal service functions such as the Mayor and City Council, City Manager’s Office, City Auditor, Finance, Budget and Research, and Human Resources. The fiscal year 2021-22 budget includes a 10.2% increase over fiscal year 2020-21 actuals. General fund general government expenditures through October are 16.9% higher than the same period in the prior fiscal year. General fund general government expenditures increased 25.3% in fiscal year 2020-21 over fiscal year 2019-20. This followed increases of 7.6% and 3.6% in the prior two years. 1 October General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 11,006 32,232 34.1% 11,561 33,387 34.6% 12,084 35,033 34.5% 12,126 36,162 33.5% 13,123 39,858 32.9% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Criminal Justice $45,000 $40,000 $35,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $0 October YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Criminal justice expenditures include costs for municipal courts and public defenders. The fiscal year 2021-22 budget includes a 10.2% increase over fiscal year 2020-21 actuals. General fund criminal justice expenditures through October are 8.2% higher than the same period in the prior fiscal year. General fund criminal justice expenditures increased 3.2% in the fiscal year 2020-21 over fiscal year 2019-20. This followed increases of 4.9% and 3.6% in the prior two years. Public Safety Public Safety October YTD Annual % of Annual Expenditures Expenditures * Expenditures 282,463 817,960 34.5% 289,221 841,467 34.4% 305,142 893,403 34.2% 317,148 925,920 34.3% 330,301 999,730 33.0% $1,200,000 * - For prior years-total actual expenditures, for current year-total approved budget $0 17-18 18-19 19-20 20-21 21-22 $1,000,000 October YTD Expenditures $800,000 $600,000 $400,000 Annual Expenditures * $200,000 17-18 18-19 19-20 20-21 21-22 Better than Expected Public safety expenditures include costs for police and fire services. The general fund public safety fiscal year 2021-22 budget includes a 8.0% increase over fiscal year 2020-21 actuals. Through October, general fund public safety expenditures are 4.1% higher than the prior fiscal year. General fund public safety expenditures increased 3.6% over fiscal year 2020-21 over the fiscal year 2019-20. This followed increases of 6.2% and 2.9% in the prior two years. 2 October General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 8,058 16,366 49.2% 8,345 18,337 45.5% 7,985 19,748 40.4% 7,045 22,144 31.8% 8,094 23,476 34.5% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action CommunityTransportation Development $1 $30,000 $1 Series1 $1 $20,000 October YTD Expenditures $1 $0 $10,000 Series2 Annual Expenditures * $0 $0$0 17-18 18-19 19-20 20-21 21-22 Transportation expenditures include costs for public transit and street maintenance and repair. General Fund transportation expenditures for fiscal year 2021-22 are budgeted to increase 6.0% over fiscal year 2020-21 actuals. Prior to fiscal year 2018-19 street transportation department charged expenses to the general fund and subsequently transferred some of those expenses to the AHUR fund. Beginning in fiscal year 2018-19 street transportation is charging the majority of expenses to AHUR and will be transferring a portion of those to the General Fund. Through October, General fund transportation expenditures are 14.9% higher than the same period in the prior fiscal year. Community Development Community Development October YTD Annual % of Annual Expenditures Expenditures * Expenditures 7,320 20,243 36.2% 7,157 21,238 33.7% 8,161 22,542 36.2% 7,898 24,114 32.8% 9,013 30,755 29.3% $35,000 * - For prior years-total actual expenditures, for current year-total approved budget $5,000 17-18 18-19 19-20 20-21 21-22 Better than Expected $30,000 October YTD Expenditures $25,000 $20,000 $15,000 $10,000 Annual Expenditures * $0 17-18 18-19 19-20 20-21 21-22 Community development expenditures include costs for economic development and neighborhood services. The fiscal year 2021-22 budget includes a 27.5% increase over fiscal year 2020-21 actuals. General fund community development expenditures through October are 14.1% higher than the same period in the prior fiscal year. General fund community development expenditures increased in fiscal year 2020-21 over fiscal year 2019-20 by 7.0%. This follows a year over year increase of 6.1% in fiscal year 2019-20 and 4.9% increase in the 2018-19 fiscal year. 3 October General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 55,798 156,325 35.7% 59,378 156,552 37.9% 66,388 155,417 42.7% 60,808 158,589 38.3% 65,880 181,164 36.4% * - For prior years-total actual expenditures, for current year-total approved budget Community Enrichment $200,000 October YTD Expenditures $160,000 $120,000 $80,000 Annual Expenditures * $40,000 $0 17-18 Better than Expected 18-19 19-20 20-21 21-22 Community enrichment expenditures include costs for parks, recreational activities, senior centers and community centers. The fiscal year 2021-22 budget includes a 14.2% increase over fiscal year 2020-21 actuals. Through October, general fund community enrichment expenditures are 8.3% higher than the same period in the prior fiscal year. General fund community enrichment expenditures increased 2.0% in fiscal year 2020-21 over fiscal year 2019-20. This followed a decrease of 0.7% and an increase of 0.1% in the prior two years. Environmental Services 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 5,419 12,624 42.9% 6,251 16,886 37.0% 9,774 19,180 51.0% 6,691 20,905 32.0% 10,830 24,482 44.2% * - For prior years-total actual expenditures, for current year-total approved budget Environmental Services $28,000 $24,000 $20,000 $16,000 $12,000 $8,000 $4,000 $0 October YTD Expenditures Annual Expenditures * 17-18 Monitor and Consider Taking Action 18-19 19-20 20-21 21-22 Environmental service expenditures include costs for maintaining and operating city facilities. The fiscal year 2021-22 budget includes a 17.1% increase from fiscal year 2020-21 actuals. Because environmental service expenditures are highly dependent on interdepartmental charges, they tend to be very volatile. Through October, general fund environmental services expenditures are 61.9% higher than the prior fiscal year. 4 Citywide Expenditures All expenditures of the City including those for enterprise functions and those related to dedicated revenue streams. Expenditures are reported in total and by program. October Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Total Citywide Operating 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 1,303,900 3,547,078 36.8% 1,442,548 3,775,464 38.2% 1,450,722 3,814,963 38.0% 1,418,499 4,163,122 34.1% 1,785,763 5,433,811 32.9% * - For prior years-total actual expenditures, for current year-total approved budget net of adjustments for contingencies and use of the early redemption fund. Total Citywide $6,000,000 October YTD Expenditures $5,000,000 $4,000,000 $3,000,000 $2,000,000 Annual Expenditures * $1,000,000 $0 17-18 Better than Expected 18-19 19-20 20-21 21-22 In order to have a better comparison to prior year actuals, contingencies and vacancy savings will only be included in the annual budget to the extent that they have been spent. Without contingencies and vacancy savings, the budget for fiscal year 2021-22 anticipates an increase of 30.5% over fiscal year 2020-21 actuals in total operating expenditures. Actual expenditures through October are 25.9% higher than the same period in the prior fiscal year stemming from an additional $304M in light rail extension and $70M in Aviation. General Government 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 50,352 134,117 37.5% 46,301 138,349 33.5% 59,527 157,200 37.9% 73,614 207,451 35.5% 66,219 205,869 32.2% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected General Government $250,000 October YTD Expenditures $200,000 $150,000 $100,000 Annual Expenditures * $50,000 $0 17-18 18-19 19-20 20-21 21-22 General government expenditures include costs for administrative and internal service functions such as the Mayor and City Council, City Manager's Office, City Auditor, Finance, Budget and Research, and Human Resources. Citywide general government expenditures through October are 10.0% lower than the same period in the prior fiscal year. The budget anticipates an decrease of 0.8% for fiscal year 2021-22 over fiscal year 2020-21 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Fiscal year 2020-21 expenditures can be higher due to receiving additional revenue through the Coronavirus relief funds. 5 October Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 13,088 38,411 34.1% 12,256 42,530 28.8% 15,346 44,425 34.5% 14,938 44,147 33.8% 15,464 48,200 32.1% * - For prior years-total actual expenditures, for current year-total approved budget Criminal Justice $60,000 October YTD Expenditures $50,000 $40,000 $30,000 Annual Expenditures * $20,000 $10,000 $0 17-18 Better than Expected 18-19 19-20 20-21 21-22 Criminal Justice expenditures include costs of the Municipal Court and the Public Defender’s office. Citywide criminal justice expenditures are 3.5% higher through October than the same period in the prior fiscal year. The budgeted increase for fiscal year 2021-22 over fiscal year 2020-21 actuals is 9.2%. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Public Safety 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 332,957 970,771 34.3% 345,418 1,025,513 33.7% 374,072 1,110,457 33.7% 384,672 1,122,901 34.3% 411,464 1,250,252 32.9% * - For prior years-total actual expenditures, for current year-total approved budget Public Safety $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 October YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Better than Expected Public Safety expenditures include costs of Police, Fire and Emergency Management. Citywide public safety expenditures through October are 7.0% higher than the same period in the prior fiscal year. The budgeted increase for fiscal year 2021-22 over fiscal year 2020-21 actuals is 11.3%. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. 6 October Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 362,493 709,977 51.1% 342,720 722,667 47.4% 425,627 774,492 55.0% 359,205 786,597 45.7% 460,730 852,157 54.1% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action Transportation $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 October YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Transportation expenditures include costs for Street lighting, maintenance and repair, Aviation and Public Transit. Citywide transportation expenditures are 28.3% higher through October than the same period in the prior fiscal year. The budget anticipates an increase of 8.3% for fiscal year 2021-22 from fiscal year 2020-21 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Year to date includes a $70M Aviation liability paydown. Community Development 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 67,233 203,096 33.1% 64,320 195,716 32.9% 70,090 229,793 30.5% 85,193 245,310 34.7% 74,042 295,437 25.1% * - For prior years-total actual expenditures, for current year-total approved budget Community Development $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 October YTD Expenditures Annual Expenditures * 17-18 Better than Expected 18-19 19-20 20-21 21-22 Community Development expenditures include costs for Neighborhood Services, Housing, Planning and Economic Development. Citywide community development expenditures through October are 13.1% lower than the same period in the prior fiscal year. The fiscal year 2021-22 budget includes an increase of 20.4% over fiscal year 2020-21 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Fiscal year 2020-21 expenditures can be higher due to receiving additional revenue through the Coronavirus relief funds. 7 October Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 111,219 306,763 36.3% 110,504 317,465 34.8% 132,077 316,680 41.7% 143,799 390,805 36.8% 152,774 403,432 37.9% * - For prior years-total actual expenditures, for current year-total approved budget Community Enrichment $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 October YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Monitor and Consider Taking Action Community Enrichment expenditures include costs for Parks, Libraries, the Convention Center, Senior Centers and Community Centers. Citywide community enrichment expenditures through October are 6.2% higher than the same period in the prior fiscal year. The fiscal year 2021-22 budget anticipates an increase of 3.2% from fiscal year 2020-21 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Fiscal year 2020-21 expenditures can be higher due to receiving additional revenue through the Coronavirus relief funds. Environmental Services 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 216,550 696,244 31.1% 173,529 670,219 25.9% 245,568 692,524 35.5% 254,943 734,733 34.7% 288,056 805,908 35.7% * - For prior years-total actual expenditures, for current year-total approved budget Environmental Services $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 October YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Monitor and Consider Taking Action Environmental Services expenditures include costs for Water, Wastewater and Solid Waste services as well as the care and maintenance of City facilities. Citywide environmental services expenditures are 13.0% higher through October than the same period in the prior fiscal year. The fiscal year 2021-22 budget anticipates an increase of 9.7% from fiscal year 2020-21 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. 8 October Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 General Obligation Debt Service Citywide Debt Service Expenditures 17-18 18-19 19-20 20-21 21-22 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 35,734 106,315 33.6% 178,236 116,634 152.8% 43,513 130,839 33.3% 44,213 131,938 33.5% 43,807 132,070 33.2% * - For prior years-total actual expenditures, for current year-total approved budget net of credit for early redemption fund resources $240,000 October YTD Expenditures $180,000 $120,000 Annual Expenditures * $60,000 $0 17-18 18-19 19-20 20-21 21-22 Better than Expected General obligation debt service expenditures through October are 0.9% lower than the same period in the prior fiscal year. Budgeted expenditures for fiscal year 2021-22 are 0.1% higher than fiscal year 2020-21 actual expenditures for the prior fiscal year. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. -9- Capital Expenditures Expenditures for capital projects. These expenditures may come from designated capital funds such as bond proceeds or grants, or they may come from operating funds and be reported in both the operating and capital sections. Because of the long-term view used in capital budgeting and the volatility of capital spending, no performance status is provided unless capital spending exceeds the capital budget. Capital Expenditures (Dollars in Thousands) General Gov't 17-18 18-19 $ 290,772 $ 384,131 Refer to detailed financial schedules pages 22 - 34 19-20 $ 20-21 500,745 $ 684,798 Discussion: 21-22 (Budget) 21-22 (YTD) $ $ 307,439 1,037,427 General Gov't Major projects in fiscal year 2017-18 include street construction and maintenance ($66 million), parks and recreation facility improvements ($25 million), conversion of streetlights to LED ($28 million) and replacement of the City telephone system ($22 million). 21-22 (YTD) 21-22 (Budget) 20-21 19-20 Major projects in fiscal year 2018-19 include street and sidewalk maintenance ($134.8 million), light rail ($47.9 million), transit bus and vehicle purchases ($43.1 million), major streets ($33.2 million), parks and preserves improvements ($20.8 million), and telphone stystem network replacement ($10.4 million) . 18-19 17-18 $0 $500,000 $1,000,000 21-22 (Budget) 21-22 (YTD) $ $ $1,500,000 Major projects in fiscal year 2019-20 include pavement maintenance ($131 million), Light Rail ($100 million), Talking Stick Arena Renovations ($57 million), parks preserve development, community centers, and development ($47 million), bus and vehicle purchases ($45 million), and major streets ($18 million). Major projects in fiscal year 2020-21 include ($115M) South Central Light Rail, ($96M) Talking Stick Arena renovations, ($69M) Northwest light rail extension, and ($32M) replace fare collection system. Major projects budgeted for fiscal year 2021-22 include South Central Light Rail ($90M), North West Lightrial ($70M), South Central land acquisition ($45M), North Black Canyon area roadway and drainage infratructure ($39M). Aviation 17-18 18-19 $ 582,921 $ 552,972 19-20 $ 254,523 20-21 $ 172,418 430,169 28,015 Discussion: Aviation Major projects in fiscal year 2017-18 include the PHX Sky Train extension ($423 million), Apron and Taxiway improvements ($26 million), and terminal 4 improvements including the south 1 concourse ($20 million). 21-22 (YTD) 21-22 (Budget) Major projects in fiscal year 2018-19 include PHX Sky Train stage 2 ($267.8 million) and terminal 4 south 1 concourse ($127.8 million). 20-21 Major projects in fiscal year 2019-20 include PHX Terminal 4 south concorse and gates ($90M), Runway, Apron and Taxiway Improvements ($47M), and PHX Sky Train ($10M). Major projects in fiscal year 2020-21 include ($51M) Terminal 4 concourse, ($24M) Terminal 4 Apron Concrete construction, ($19M) garage demolition, and ($13M) 24th St parking lot 19-20 18-19 17-18 $0 $200,000 $400,000 $600,000 Major projects budgeted for fiscal year 2021-22 include Union Pacific Railroad grade (trench) separation project ($64.5M), Airport Development Plant Contingency ($60.9M), New Crossfield Taxi ($34.0M), Terminal 4 South Concourse ($22.2M). - 10 - Capital Expenditures (Dollars in Thousands) Phx Convention Ctr 17-18 18-19 $ 28,898 $ 36,542 Refer to detailed financial schedules pages 22 - 34 19-20 $ 21-22 (Budget) 20-21 52,148 $ 31,640 Discussion: $ 40,137 21-22 (YTD) $ 15,758 Phx Convention Ctr Beginning in fiscal year 2012-13, Phoenix Convention Center began making debt service payments on the state funded portion of the 2005 Convention Center bonds. The payments from the state are accumulated in a capital fund and the subsequent debt service payments are then made from the capital fund within the capital budget. The debt service payments total $24 million for fiscal year 2020-21. Other major projects budgeted for fiscal year 2021-22 include LED conversion upgrade ($7M), shoring wall ($4 million) and garage elevator ($1 million). Solid Waste 17-18 18-19 $ 10,355 $ 7,857 21-22 (YTD) 21-22 (Budget) 20-21 19-20 18-19 17-18 $0 19-20 $ 5,490 $10,000 21-22 (Budget) 20-21 $ 8,796 $ 41,069 $20,000 $30,000 $40,000 $50,000 $60,000 21-22 (YTD) $ 1,616 Discussion: Solid Waste In fiscal year 2016-17, Solid Waste spent $3.7 million on the 27th Avenue Composting Facility and $2.2 million on the 27th Avenue Resource Innovation Campus. 21-22 (YTD) In fiscal year 2017-18 Solid Waste spent $10.3 million on SR85 Landfill requirements. In fiscal year 2018-19 Solid Waste spent $4.5 million on North Gateway material recovery facility upgrade and $1.5 million on SR 85 Landfill. 21-22 (Budget) 20-21 In fiscal year 2019-20 Solid Waste spent $3 million in transfer stations and $1 million at SR-85 and $1 million for Skunk Creek as monitoring and maintenance. 19-20 In fiscal year 2020-21 Solid Waste spent $4.5M on Excavate and line Cell 2 at the State Route 85 Landfill, $1.2M Dixaleta payment replacement at self-haul area, and $1.1M at the 27th ave trommel machine. Major projects budgeted for fiscal year 2021-22 include $17M Material Recovery Facility retrofit, $2.5M general capital improvement and $2.0M capital improvement in the transfer station. 18-19 17-18 $0 $15,000 $30,000 $45,000 - 11 - Capital Expenditures (Dollars in Thousands) 17-18 Wastewater $ 105,912 Refer to detailed financial schedules pages 22 - 34 18-19 $ 97,890 19-20 $ 123,141 20-21 $ 77,339 21-22 (Budget) 21-22 (YTD) $ 248,497 $110,045 Discussion: In fiscal year 2017-18, Wastewater spent $54 million on pipeline assessment, repair, replacement and construction and $23 million on improvements at the 91st Avenue Wastewater Treatment Plant. Wastewater 21-22 (YTD) 21-22 (Budget) In fiscal year 2018-19 , Wastewater spent $45.2 million in sewer main replacement and construction and $32.5 million on improvements and maintenance at the wastewater treatment plants. In fiscal year 2019-20 Wastewater spent $42.0 million on sewer replacement and construction, $27.7 million on 91st Ave Waste Water Treatment Plant, $14.4 million 23rd Ave, $13.1 million Cave Creek, and $13.1 million In fiscal year 2020-21 Wastewater spent $12.4M 91st ave plant equipment, $10.1M 23rd Ave Grit Basin Replacement, $6.9M citywide rehabilitate small diameter sewers, and $4.7M 23rd ave equipment replacement. 20-21 19-20 18-19 17-18 $0 $100,000 $200,000 $300,000 Major projects budgeted in fiscal year 2021-22 include $38M Lift Station 77 mains, $21M Dixaleta Dobbins gravity sewer and $19M 91st Ave WWTP Solids Rehab. 17-18 Water System $ 229,256 18-19 $ 289,858 19-20 $ 252,146 20-21 21-22 (Budget) 21-22 (YTD) $ 434,000 $ 405,356 $ 65,564 Discussion: Water System 21-22 (YTD) In fiscal year 2017-18, Water spent $82 million to construct, replace or rehabilitate pipelines and valves, $36 million on groundwater well projects, $21 million on the Union Hills Water Treatment Plant rehabilitation and $17 million on water resiliency and storage. In fiscal year 2018-19 water spent $111.1 million on main replacement and construction, $49.9 million on boosters, $35.2 million on groundwater well program, $24.4 million on production, and $23.6 million on 24th street water treatment plant rehabilitation. In fiscal year 2019-20 water spent $84.3 million on water main replacement and construction, $55.9 million on Water Treatment Plants, and $38.9 million on wells. 21-22 (Budget) 20-21 19-20 18-19 In fiscal year 2020-21 water spent $153M on water main from 24th street treatment plant to 32nd st and Bell road, $110.0M on water boosters, and $19.9M on transmission main rehabilitation. 17-18 $0 $100,000 $200,000 $300,000 $400,000 Major projects budgeted in fiscal year 2021-22 include $50M Dixaleta infrastructure, $36.8M Deer Valley WTP Rehabilitation, $21.5M Light Rail Water Relocation and $18.1M Southern Water Growth Projects. - 12 - Revenues Sources of funds for the operations of the City including local taxes, state shared taxes, user fees and charges, and grants. General Fund Total Operating Revenue (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 General Fund Revenues $1,600,000 $1,400,000 October YTD Revenues $1,200,000 $1,000,000 $800,000 $600,000 $400,000 Annual Revenues* $200,000 $0 17-18 17-18 18-19 19-20 20-21 21-22 18-19 October YTD Revenues 347,487 342,914 365,435 478,763 436,564 Annual Revenues* 1,162,635 1,220,768 1,307,357 1,491,537 1,355,776 19-20 20-21 21-22 % of Annual Revenues 29.9% 28.1% 28.0% 32.1% 32.2% * - For prior years - total actual revenues, for current year - total approved budget Expected Fiscal year 2021-22 general fund operating revenues are budgeted to decrease 9.1% over prior year actuals. Fiscal year 2020-21 includes $73M Coronavirus relief fund allocated to offset General Fund Public Safety costs. Actual revenues through October are 8.8% lower than the same period in the prior fiscal year. Specific revenue sources are discussed on the following pages. - 13 - Property Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Property Taxes Primary & Secondary 270,000 240,000 210,000 95,435 101,652 107,555 119,289 115,069 180,000 Secondary 150,000 120,000 90,000 154,560 60,000 162,129 170,209 191,294 182,043 30,000 9,599 15,140 17-18 FY 17-18 18-19 19-20 20-21 21-22 YTD 21-22 Budget Primary Total 249,995 263,781 277,764 297,112 24,739 310,582 July (1,054) (1,049) (1,141) (1,619) (1,490) (1,411) 18-19 Aug (395) 688 1,081 1,541 1,141 1,226 Sept 891 980 647 1,288 1,040 1,080 19-20 Oct 16,220 12,601 11,579 21,550 24,048 16,935 Nov 87,691 91,331 106,458 89,520 106,400 20-21 Dec 25,018 30,444 23,612 38,512 34,281 21-22 YTD Jan 10,162 13,302 14,875 15,608 16,215 Feb 7,020 5,422 7,447 6,612 7,214 21-22 Budget Mar 8,086 8,130 8,185 9,456 9,544 Apr 11,994 12,026 12,116 15,171 14,559 May 52,962 68,870 66,043 76,862 78,427 June 31,400 21,036 26,862 22,611 26,112 Note: Monthly budget amount for 21-22 is the average % of last 3 years of the total budget amount Better than Expected Because property taxes are primarily collected in November, December, May and June, a monthly breakdown of the revenues is not particularly useful, therefore the chart for property tax revenues is presented with an annual perspective. Total property tax revenues are budgeted to increase 4.5% in fiscal year 2021-22 over fiscal year 2020-21 actuals. - 14 - Primary Secondary 154,560 95,435 162,129 101,652 170,209 107,555 182,043 115,069 15,140 9,599 191,294 119,289 Local Sales Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Local Sales Tax Budget vs Actual 70,000 60,000 50,000 40,000 21-22 Actuals 30,000 21-22 Budget 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Fiscal year 2021-22 local sales tax revenues through October are 9.5% higher than the same period in the prior year. Actual local sales tax revenues through October are 15.3% higher than budget expectations. Local Sales Tax 3 Year Trend 80,000 70,000 60,000 50,000 19-20 Actuals 40,000 20-21 Actuals 21-22 Actuals 30,000 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 local sales tax revenues were 12.2% higher than the prior year. This follows increases of 2.5% and 10.5% in the two previous years. Click Here for Additional Information - 15 - State Sales Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 State Sales Tax Budget vs Actual 30,000 25,000 20,000 21-22 Actuals 15,000 21-22 Budget 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected The fiscal year 2021-22 budget includes an decrease of 1.7% in state shared sales tax over fiscal year 2020-21 actuals. Through October state shared sales tax revenues are 16.8% above budget expectations. State Sales Tax 3 Year Trend 30,000 25,000 20,000 19-20 Actuals 15,000 20-21 Actuals 21-22 Actuals 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 state sales tax revenues were 17.1% higher than the prior year. This follows increases of 4.2% and 5.8% in the two previous years. Click Here for Additional Information - 16 - Vehicle License Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Vehicle License Tax Budget vs Actual 12,000 10,000 8,000 21-22 Actuals 6,000 21-22 Budget 4,000 2,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Monitor and Consider Taking Action State shared vehicle license tax revenues through October 2021 are 4.6% lower than budget expectations for the period. Vehicle License Tax 3 Year Trend 12,000 10,000 19-20 Actuals 8,000 20-21 Actuals 6,000 21-22 Actuals 4,000 2,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 state shared vehicle license tax revenues were 13.2% higher than the prior year. This follows increases of 0.4% and 5.1% in the two previous years. Click Here for Additional Information - 17 - Governmental Funds Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Governmental Funds Revenues Budget vs Actual 500,000.00 450,000.00 400,000.00 21-22 Budget 350,000.00 300,000.00 250,000.00 2021-22 Actuals 200,000.00 150,000.00 100,000.00 50,000.00 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Monitor and Consider Taking Action Governmental funds are those funds supported primarily through taxes, bonds and grants and include the general fund as well as funds with dedicated tax revenue streams. They do not include the enterprise funds. Governmental fund revenues through October 2021 are 12.6% lower than budget expectations for the period. Governmental Funds Revenues 3 Year Trend 400,000.00 350,000.00 300,000.00 2019-20 Actuals 250,000.00 200,000.00 2020-21 Actuals 150,000.00 2021-22 Actuals 100,000.00 50,000.00 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 governmental fund revenues were 14.4% higher than the prior year. This follows increases of 7.0% and 4.1% in the two previous years. Click Here for Additional Information - 18 - Aviation Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Aviation Operating Revenues Budget vs Actual 70,000 60,000 50,000 21-22 Actuals 40,000 21-22 Budget 30,000 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Aviation operating revenues through October 2021 are 7.7% higher than budget expectations for the period. Aviation Operating Revenues 3 Year Trend 100,000 80,000 60,000 19-20 Actuals 40,000 20-21 Actuals 21-22 Actuals 20,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May Fiscal year 2020-21 aviation revenues were 8.0% higher than the prior year. This follows a decrease of 8.3% and increase of 2.5% in the two previous years. Click Here for Additional Information - 19 - June Water System Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Water System Operating Revenues Budget vs Actual 70,000 60,000 50,000 40,000 21-22 Actuals 30,000 21-22 Budget 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Monitor and Consider Taking Action Water system revenues through October 2021 are 10.3% lower than budget expectations for the period. Water System Operating Revenues 3 Year Trend 70,000 60,000 50,000 40,000 19-20 Actuals 30,000 20-21 Actuals 20,000 21-22 Actuals 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 water system revenues were 8.4% higher than the prior year. This follows increase of 12.7% and decrease of 7.3% in the two previous years. Click Here for Additional Information - 20 - Wastewater Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Wastewater Operating Revenues Budget vs Actual 30,000 25,000 20,000 21-22 Budget 15,000 21-22 Actuals 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Wastewater revenues through October 2021 are 2.7% higher than budget expectations for the period. Wastewater Operating Revenues 3 Year Trend 30,000 25,000 20,000 19-20 Actuals 15,000 20-21 Actuals 10,000 21-22 Actuals 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May Fiscal year 2020-21 wastewater revenues were 0.8% higher than the prior year. This follows increase of 4.0% and 1.6% in the two previous years. Click Here for Additional Information - 21 - June General Funds Summary Presents comparisons of year-to-date balances to the fiscal year budget and to the actual results for the prior year for the general fund. General Fund Revenue As of OCTOBER 31 (dollars in thousands) Actual Year-to-Date 2021-2022 2020-2021 Budget Estimate 2021-2022 Revenues Local Taxes Sales Taxes $ Privilege License Fees State Shared Taxes State Sales Tax State Income Tax Vehicle License Tax Primary Property Tax Licenses and Permits Cable Communications Municipal Court Fines and Forfeitures Court Default Fee Police Library Parks and Recreation Engineering & Architectural Services Planning & Development Street Transportation Fire Emergency Transportation Service Hazardous Materials Inspection Fee Other Interest Other Fees and Service Charges Total Revenues $ 547,397 2,800 $ 198,103 $ 638 180,922 541 197,945 219,316 79,100 191,294 2,771 9,600 79,207 71,903 29,114 15,140 858 1 68,555 80,079 31,325 13,870 784 (61) 8,956 1,451 13,108 483 4,093 1,497 6,463 2,771 306 3,609 312 1,796 649 4,346 2,823 378 48,860 62 1,043 444 1,817 33,500 1,500 16,599 5,550 12,355 14,813 270 6,728 974 5,027 9,649 268 32,111 1,909 3,385 1,355,778 - 22 - $ 436,565 $ 478,764 General Fund Expenditures As of OCTOBER 31 (dollars in thousands) Actual Year-to-Date 2021-2022 2020-2021 Budget Estimate 2021-2022 Expenditures and Encumbrances General Government Mayor City Council City Manager Information Technology Services Public Information Equal Opportunity Law City Auditor City Clerk Human Resources Budget and Research Finance Others Total General Government $ 2,323 5,577 8,111 58,739 3,159 2,875 23,864 3,174 7,475 19,275 4,311 29,715 1,384 169,982 $ 836 $ 1,516 2,605 23,360 1,185 1,055 8,512 965 2,036 9,079 1,645 7,622 1,301 61,717 595 1,239 1,413 19,644 916 728 8,326 748 1,735 3,695 1,449 10,867 1,456 52,811 Criminal Justice Municipal Court Public Defender Total Criminal Justice 34,224 5,634 39,858 11,351 1,772 13,123 10,565 1,562 12,127 Public Safety Police Fire Others Total Public Safety 611,239 388,358 133 999,730 199,329 130,834 138 330,301 201,833 115,140 175 317,148 Transportation Street Transportation Public Transit Total Transportation 21,639 1,838 23,477 6,452 1,642 8,094 5,956 1,089 7,045 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 8,295 15,515 5,173 1,772 30,755 2,407 5,092 1,415 99 9,013 1,771 4,627 1,436 64 7,898 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 108,229 43,865 22,051 7,019 181,164 38,205 17,801 6,276 3,598 65,880 34,422 17,013 6,591 2,783 60,809 Environmental Services Public Works Environmental Programs Others Total Environmental Services 22,728 1,280 474 24,482 10,271 293 266 10,830 6,177 266 248 6,691 Capital Improvement 25,007 49,225 1,841 Vacancy Savings (11,000) - - Contingencies 124,164 - - 548,183 $ 466,370 Total Expenditures and Encumbrances $ 1,607,619 - 23 - $ Citywide Summary Presents the City's summarized comparisons of the year-to-date balances to the fiscal year budget and to the actual results for the prior year. Citywide Operating Revenue As of OCTOBER 31 (dollars in thousands) Source General Funds Local Taxes: Sales Taxes Privilege License Fees State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax Primary Property Tax Licenses and Permits Cable Communications Municipal Court Police Library Fees Parks and Recreation Planning & Development Street Transportation Fire Interest Other Fees and Service Charges $ Total General Funds Special Revenue and Debt Service Funds Neighborhood Protection Public Safety Enhancement & Expansion Parks and Preserves Golf Courses Transit 2000 & 2050 Court Awards Planning and Development Capital Construction Sports Facilities Highway User Revenue Regional Transit Revenues Community Reinvestment Other Restricted Fees Grants G.O. Bond/Secondary Property Tax Total Special Revenue and Debt Service Funds Enterprise Funds Aviation Convention Center Water System Wastewater Solid Waste Total Enterprise Funds Total Operating Revenues Actual Year-to-Date 2021-2022 2020-2021 Budget Estimate 2021-2022 $ 547,397 2,800 198,103 $ 638 180,922 541 197,945 219,316 79,100 191,294 2,771 9,600 10,407 13,108 483 4,093 1,497 6,463 51,599 5,550 12,355 79,207 71,903 29,114 15,140 858 1 3,076 3,609 312 1,796 649 4,346 21,810 974 5,027 68,555 80,079 31,325 13,870 784 (61) 3,200 48,860 62 1,043 444 1,817 42,028 1,909 3,385 1,355,776 436,564 478,764 40,620 105,455 42,099 6,794 302,369 5,296 71,428 7,592 19,818 149,715 38,945 5,863 36,384 1,037,554 123,686 13,662 35,118 13,960 2,061 97,010 2,270 37,453 2,087 5,809 50,945 1,120 1,170 3,561 53,894 9,599 15,045 39,434 12,322 1,938 84,177 183 30,611 2,519 3,631 47,658 (451) 2,258 2,702 32,128 8,897 1,993,617 329,718 283,052 412,546 75,996 487,697 254,696 189,870 130,886 22,283 187,073 89,241 65,969 76,291 14,500 211,117 88,074 56,779 1,420,805 495,451 446,762 4,770,198 - 24 - $ $ 1,261,734 $ 1,208,577 Citywide Operating Expenditures As of OCTOBER 31 (dollars in thousands) Source General Government General Funds Other Funds Total General Government Actual Year-to-Date 2021-2022 2020-2021 Budget 2021-2022 61,716 $ 4,503 66,219 52,812 20,802 73,614 39,858 8,342 48,200 13,123 2,341 15,464 12,126 2,812 14,938 Public Safety General Funds Other Funds Total Public Safety 999,730 250,522 1,250,252 330,301 81,163 411,464 317,148 67,524 384,672 Transportation General Funds Other Funds Total Transportation 23,476 828,681 852,157 8,094 452,636 460,730 7,045 352,160 359,205 Community Development General Funds Other Funds Total Community Development 30,755 264,682 295,437 9,013 65,029 74,042 7,898 77,295 85,193 Community Enrichment General Funds Other Funds Total Community Enrichment 181,164 222,268 403,432 65,880 86,894 152,774 60,808 82,991 143,799 Environmental Services General Funds Other Funds Total Environmental Services 24,482 781,426 805,908 10,830 277,226 288,056 6,691 248,252 254,943 Debt Service General Funds Other Funds Total Debt Service 132,070 132,070 43,807 43,807 44,213 44,213 25,007 1,020,080 1,045,087 49,225 214,804 264,029 1,841 56,081 57,922 American Rescue Plan Act General Funds Other Funds Total American Rescue Plan Act 395,400 395,400 9,178 9,178 - Vacancy Savings General Funds Other Funds Total Vacancy Savings (11,000) (11,000) - - Contingencies General Funds Other Funds Total Contingencies 124,164 79,500 203,664 - - 1,607,616 3,623,460 5,626,476 548,182 1,228,403 1,785,763 $ $ Criminal Justice General Funds Other Funds Total Criminal Justice Capital Improvement General Funds Other Funds Total Capital Improvement Total Operating General Funds Other Funds Total Operating Budget $ 169,980 35,889 205,869 $ $ - 25 - 466,369 952,130 1,418,499 Citywide Detail Presents, in detail, the results of the City's operations for the current month and for the fiscal year-to-date. Included are breakdowns of the City's revenues, operating budget expenditures, capital budget expenditures and bonds authorized and sold. Citywide Operating Revenue by Source For the Month Ended OCTOBER 31 2021 2020 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 General Funds $ Local Taxes: Sales Taxes Privilege License Fees 50,734,265 $ (177,865) 45,466,716 204,205 50,556,400 45,670,921 Total Local Taxes 550,196,684 198,741,489 181,463,649 18,037,643 20,019,770 7,327,694 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 197,945,000 219,316,000 79,100,000 79,207,332 71,902,674 29,114,369 68,554,610 80,079,080 31,325,132 18,259,060 17,673,908 6,970,337 $ $ 198,103,240 638,249 $ 180,922,191 541,458 42,903,305 45,385,107 496,361,000 180,224,375 179,958,822 14,724,225 13,172,471 Primary Property Tax 191,294,000 15,140,195 13,869,746 274,597 136,298 Licenses and Permits 2,771,000 858,314 784,377 0 0 Cable Communications 9,600,000 746 (60,894) 672,257 69,279 Municipal Court: Fines and Forfeitures Court Default Fee 8,956,050 1,451,000 2,770,678 305,664 2,822,568 377,588 647,205 56,469 703,674 741,536 1,268,440 565,738 Total State Shared Taxes 547,396,684 2,800,000 Total Municipal Court Police 10,407,050 3,076,342 3,200,156 13,107,604 3,608,629 48,859,976 6,256 122,433 Library Fees 482,634 311,977 61,909 438,812 390,281 Parks and Recreation 4,092,621 1,796,201 1,043,244 126,506 119,357 Planning and Development 1,496,700 648,624 444,093 426,249 377,607 Street Transportation 6,462,738 4,346,368 1,816,516 3,647,413 60,975 2,665,102 2,030,054 71,500 3,103,910 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other 33,500,000 1,500,000 16,598,713 14,812,536 269,525 6,727,938 9,649,059 268,025 32,111,286 6,373,490 5,205,464 51,598,713 21,809,999 42,028,370 216,778 460,575 5,550,000 973,500 1,908,611 429,991 1,448,749 118,448,723 113,796,537 Total Fire Interest Other Fees and Service Charges Total General Funds 26 12,354,781 5,027,236 3,384,955 1,355,775,525 436,563,995 478,763,530 Citywide Operating Revenue by Source (continued) For the Month Ended OCTOBER 31 2021 2020 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Special Revenue and Debt Service Funds $ 2,466,037 176,146 880,729 8,397 $ 3,531,309 5,569,888 1,368,241 10,885 2,077,001 148,358 741,786 64,268 Neighborhood Protection: Police Neighborhood Protection Police Blockwatch Fire Neighborhood Protection Interest/Other 3,031,413 Total Neighborhood Protection $ $ $ 6,599,304 2,321,877 20,240 3,564,506 $ 3,090,172 375,739 0 188,109 987 22,479 $ $ $ $ $ 330,262 0 182,682 1,153 38,322 6,949,014 8,941,421 587,314 24,199,555 1,832,648 $ $ 26,032,203 $ Public Safety Enhancement & Expansion Police Fire Interest/Other Total Public Safety Enhancement & Expansion 28,150,485 2,010,822 10,053,100 405,446 $ 9,420,357 672,883 3,364,414 204,810 $ 8,235,764 588,269 2,941,344 3,280,077 40,619,853 13,662,464 15,045,454 79,660,712 25,473,909 320,352 26,585,299 8,480,094 52,616 22,266,320 6,815,590 10,351,636 105,454,973 35,118,009 39,433,546 Parks and Preserves 42,099,308 13,959,511 12,322,070 Golf Courses: Fees Coffee Shops Concessions Interest Other 4,296,600 0 2,180,725 10,000 306,300 1,159,791 0 751,674 4,458 145,088 1,086,729 0 703,989 5,676 141,995 552,419 Total Golf Courses 6,793,625 2,061,011 1,938,389 20,240,581 1,434,713 Transit 2000 & 2050: Sales Taxes Interest/Other 274,395,647 27,973,297 91,815,979 5,194,103 80,393,477 3,783,421 302,368,944 97,010,082 84,176,898 Court Awards 5,295,826 2,270,062 182,619 Planning and Development 71,428,000 37,452,576 30,610,565 21,675,294 Total Transit 2000 & 2050 0 $ 0 4,994,219 $ 5,728,079 587,085 $ 737,284 Capital Construction 7,591,654 2,087,204 2,518,832 778,556 815,468 Sports Facilities: Sales Taxes Interest/Other 15,577,677 4,239,952 5,723,004 86,258 2,644,514 986,345 19,817,629 5,809,262 3,630,859 1,553,290 20,564 1,573,854 $ $ 1,594,024 Total Sports Facilities 27 Citywide Operating Revenue by Source (continued) For the Month Ended OCTOBER 31 2021 2020 Source Budget Estimate 2021-2022 Actual Year-to-Date 2021-2022 2020-2021 148,960,000 750,000 5,000 50,565,487 152,888 226,300 47,370,590 282,409 5,285 149,715,000 50,944,675 47,658,284 Special Revenue and Debt Service Funds (Cont'd) $ 12,729,459 37,730 80,000 12,900,913 56,479 1,096 12,847,189 12,958,488 - $ - Highway User Revenue: Highway User Revenue Interest Other Total Highway User Revenue Local Transportation Assistance 0 0 0 1,688,340 (737,211) Regional Transit Revenues 38,945,335 1,119,502 (451,039) (12,001) 411,344 Community Reinvestment 5,862,535 1,169,723 2,257,926 3,998,165 2,079,994 Other Restricted Fees 36,384,438 3,560,760 2,701,663 436,974 7,774,258 1,429,114 889,496 7,489,153 328,796 Grants: Public Housing: Rentals Grants Other 7,677,450 96,223,329 25,464,757 1,935,959 35,009,738 6,110,107 2,194,665 34,916,994 2,663,219 9,640,346 8,707,445 129,365,536 43,055,804 39,774,878 72,694,413 240,755,810 70,581,150 524,157,259 5,981,032 (4,275,601) (4,445,128) 13,577,830 13,541,529 (17,333,566) (1,393,545) (2,460,996) 3,950,947 20,359,437 62,858 3,509,895 6,088,671 14,728,221 (15,028) 3,985,394 $ Total Public Housing Other: Human Resources Federal Transit Administration Community Development Other 27,883,137 24,787,258 Total Other 908,188,632 10,838,133 (7,646,578) 37,523,483 33,494,703 Total Grants 1,037,554,168 53,893,937 32,128,300 9,324,191 1 8,376,618 6 119,288,943 4,396,670 9,599,071 1 8,889,504 7,784 9,324,192 8,376,624 123,685,613 9,599,072 8,897,288 113,188,872 101,934,048 1,993,616,901 329,717,850 283,051,654 119,690,864 271,910,885 5,711,000 8,827,798 2,883,830 3,521,570 0 31,641,802 94,838,237 284,803 1,722,404 967,893 1,192,468 237,895 25,782,617 45,859,057 1,035,081 1,067,232 993,707 1,046,728 507,075 412,545,947 130,885,502 76,291,497 G.O. Bond/Secondary Property Tax Secondary Property Tax Interest Total G.O. Bond/Secondary Property Tax Total Special Revenue and Debt Service Funds Enterprise Funds AVIATION: 7,912,126 22,543,922 73,506 747,886 249,016 319,251 57,680 6,805,044 12,966,597 306,530 354,188 250,347 260,789 101,967 31,903,387 21,045,462 Sky Harbor: Airlines Concessions Interest Other Phoenix-Goodyear Phoenix-Deer Valley Phoenix-Customer Facility Charge Total Aviation 28 Citywide Operating Revenue by Source (continued) For the Month Ended OCTOBER 31 2021 2020 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 5,117,759 1,580,881 18,326 3,492,704 173,414 38,750 6,716,966 3,704,868 40,296,234 212,738 510,495 (87,994) 607,341 106,963 (2,387,923) 45,191,425 226,245 571,191 926,245 668,609 192,451 (441,107) 39,257,854 47,335,059 Excise Taxes Operating Revenue Interest Total Convention Center 57,195,956 18,000,000 800,000 18,356,362 3,854,730 71,777 13,450,880 861,792 187,399 75,995,956 22,282,869 14,500,071 457,546,975 5,000,000 5,610,000 8,792,000 4,900,000 8,317,000 (2,469,270) 180,239,801 875,313 7,623,068 3,181,438 2,125,401 442,305 (7,413,913) 203,450,353 892,737 3,210,529 3,732,693 1,865,039 825,191 (2,859,076) 487,696,705 187,073,413 211,117,466 WATER SYSTEM: $ Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System WASTEWATER: 17,699,481 (267,490) 591,300 140,593 148,129 17,548,274 1,739,539 615,420 242,273 2,088,338 Sewer Service Charges Multi-City Development Fees Interest Other 210,134,198 15,721,355 4,700,000 3,611,000 20,529,855 70,730,477 7,347,144 2,070,913 603,813 8,488,391 69,761,420 7,534,855 1,734,570 1,060,147 7,982,771 18,312,013 22,233,844 Total Wastewater 254,696,408 89,240,738 88,073,763 171,158,281 12,496,485 500,800 5,714,310 57,010,480 4,520,883 69,168 4,368,220 51,089,180 3,964,277 117,683 1,607,840 189,869,876 65,968,751 56,778,980 1,420,804,892 495,451,273 446,761,777 $ 4,770,197,318 $ 1,261,733,118 SOLID WASTE: $ 14,259,729 1,044,874 17,697 1,137,959 12,793,536 1,214,952 25,606 646,163 16,460,259 14,680,257 112,650,479 108,999,490 344,288,074 $ 324,730,075 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds Total Operating Revenues 29 $ 1,208,576,961 Citywide Operating Expenditures by Program For the Month Ended OCTOBER 31 2021 2020 Program Budget Estimate 2021-2022 2021-2022 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2021-2022 2020-2021 General Government $ 176,559 340,448 648,261 6,639,446 73,069 229,574 204,504 1,943,213 149,314 263,214 5,390,188 194,080 11,964 308,121 1,420,249 336,749 18,328,953 $ 164,163 278,259 707,140 12,206,202 61,825 222,034 197,563 1,816,300 129,289 586,687 1,185,535 252,440 9,524 462,404 2,624,097 (1,048,296) 19,855,164 Mayor $ City Council City Manager Information Technology Services Government Relations Public Information Equal Opportunity Law City Auditor City Clerk Human Resources Retirement Systems Phoenix Employment Relations Board Budget and Research Finance Regional Wireless Cooperative Total General Government 2,322,528 5,577,004 8,826,394 61,402,376 1,259,397 3,159,291 3,453,183 25,947,034 3,174,007 7,475,019 20,125,252 124,177 4,310,873 53,227,261 5,484,955 $ 835,536 1,515,514 2,698,391 24,244,302 425,539 1,190,932 1,163,881 9,097,988 964,980 2,036,024 9,395,765 823,265 51,909 1,644,723 9,695,370 435,299 $ 616,312 1,239,255 2,377,608 32,174,068 705,896 921,900 877,776 8,961,605 748,443 1,734,723 4,975,814 851,825 41,958 1,448,879 16,860,534 (922,447) $ 835,536 1,515,514 2,698,391 23,629,234 425,539 1,190,932 1,163,881 9,097,988 964,980 2,036,024 9,274,827 823,265 51,909 1,644,723 8,387,143 435,299 615,068 120,939 1,308,227 - 205,868,751 66,219,417 73,614,148 64,175,183 2,044,234 42,565,455 5,634,405 13,691,334 1,772,234 13,376,644 1,561,811 11,999,212 1,772,234 1,692,121 - 48,199,860 15,463,567 14,938,455 13,771,446 1,692,121 787,047,218 462,514,635 689,995 248,656,979 162,448,025 358,902 248,140,520 136,099,064 432,015 248,543,889 162,363,107 358,902 113,090 84,918 - 1,250,251,848 411,463,906 384,671,599 411,265,898 198,008 Criminal Justice 3,093,077 426,093 2,896,914 379,398 3,519,170 3,276,311 Municipal Court Public Defender Total Criminal Justice Public Safety 51,975,996 28,769,785 73,057 57,438,036 32,061,493 83,515 80,818,838 89,583,045 Police Fire Other Total Public Safety -30- Citywide Operating Expenditures by Program (continued) For the Month Ended OCTOBER 31 2021 2020 Budget Estimate 2021-2022 Program 2021-2022 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2021-2022 2020-2021 Transportation $ 5,603,582 560,088 31,025,531 20,869,365 58,058,566 $ 9,250,758 804,947 27,377,172 1,672,111 Street Transportation Street Lighting Aviation Public Transit 39,104,988 Total Transportation $ 109,015,415 8,608,167 439,526,868 295,006,507 $ 42,024,006 4,107,018 189,943,422 224,655,926 $ 42,341,869 3,670,202 111,207,103 201,986,251 $ 41,400,563 4,107,018 160,841,150 224,655,926 623,443 29,102,273 - 852,156,957 460,730,373 359,205,425 431,004,657 29,725,716 Community Development 6,515,528 8,330,592 1,087,155 2,052,294 5,274,295 8,288,829 1,092,299 8,638,283 Planning and Development Housing Economic Development Neighborhood Services Department 81,254,299 113,580,586 19,204,299 81,397,917 25,121,892 34,794,844 4,350,514 9,774,557 21,583,932 34,092,067 13,502,250 16,014,446 25,121,892 34,770,149 3,046,313 9,774,557 24,695 1,304,201 - 17,985,569 23,293,706 Total Community Development 295,437,101 74,041,807 85,192,695 72,712,911 1,328,896 124,466,232 44,860,208 64,404,482 12,708,486 147,637,246 4,582,155 4,772,747 43,819,923 18,042,792 30,695,823 4,236,282 50,483,150 3,477,717 2,018,623 40,808,413 17,630,224 32,882,914 3,451,622 42,209,818 3,435,097 3,380,650 43,812,089 18,042,792 23,774,755 50,481,713 3,477,717 2,018,623 7,834 6,921,068 4,236,282 1,437 - 403,431,556 152,774,310 143,798,738 141,607,689 11,166,620 Community Enrichment 9,095,261 2,508,814 3,714,647 1,058,890 11,725,119 111,982 381,498 9,087,509 3,182,068 4,101,748 1,170,252 9,130,522 86,730 445,399 28,596,212 27,204,229 Parks and Recreation Library Convention Center Sports and Cultural Facilities Human Services Public Parking Facilities Other Total Community Enrichment -31- Citywide Operating Expenditures by Program (continued) For the Month Ended OCTOBER 31 2021 2020 Budget Estimate 2021-2022 Program 2021-2022 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2021-2022 2020-2021 Environmental Services $ 36,401,356 13,603,091 21,693,622 3,315,058 145,486 92,066 75,250,680 $ 25,747,228 14,171,121 12,835,103 2,082,134 385,688 76,333 55,297,607 Water System Wastewater Solid Waste Management Public Works Environmental Programs Manager's Office of Sustainability Total Environmental Services $ 403,108,191 185,472,296 184,719,208 29,701,419 1,996,649 910,264 $ 139,860,618 64,903,783 69,822,230 12,406,939 701,814 360,862 $ 126,963,856 62,124,749 52,995,021 10,561,100 1,996,045 302,222 $ 95,899,266 41,471,546 65,061,593 10,278,779 701,814 360,862 43,961,351 23,432,237 4,760,637 2,128,160 74,282,385 805,908,027 288,056,245 254,942,994 213,773,860 20,259,518 3,436,251 727,775 8,038,829 540,525 2,835,631 2,224,501 15,125,282 7,206,372 654,475 20,130,840 10,676,016 4,347,610 1,087,432 650,036 946,500 20,795,916 12,039,192 25,550 321,429 6,753,172 1,145,417 242,592 2,679,610 180,175 945,210 741,500 5,041,761 2,402,124 218,158 6,710,280 3,558,672 1,449,203 362,477 14 315,500 6,931,972 4,013,064 8,517 107,143 5,641,512 1,410,595 267,338 2,608,176 179,658 2,210,518 823,913 5,174,974 2,350,257 253,790 6,640,886 3,211,301 1,710,356 492,477 13 314,000 6,805,788 3,652,532 7,050 107,143 6,753,172 1,145,417 242,592 2,679,610 180,175 945,210 741,500 5,041,761 2,402,124 218,158 6,710,280 3,558,672 1,449,203 362,477 14 315,500 6,931,972 4,013,064 8,517 107,143 - General Obligation Debt Service 1,688,293 286,354 60,648 669,902 45,044 236,303 185,375 1,260,440 600,531 54,540 1,677,570 889,668 362,301 90,619 14 78,875 1,732,993 1,003,266 2,129 26,786 1,410,378 352,649 66,834 652,044 44,915 552,630 205,978 1,293,744 587,564 63,447 1,660,222 802,825 427,589 123,119 13 78,500 1,701,447 913,133 1,763 26,786 10,951,650 10,994,102 Total Debt Service 132,069,680 43,806,560 44,213,055 43,806,560 - 93,015,170 17,238,750 Capital Improvement 57,921,771 264,028,735 - 9,178,116 - 4,484,528 $ 386,524,808 Cultural Facilities Downtown Development Economic Development Fire Protection Freeway Mitigation Historic/Neighborhood Preservation Human Services Information Systems Libraries Maintenance Service Centers Mountain Preserves/Parks Police Protection Public Housing Renovation Sanitary Sewers Secondary Property Tax Solid Waste Enterprise Bonds Storm Sewer Improvements Street Improvements Street Light Refinancing Water System 1,045,087,040 264,028,735 - American Rescue Plan Act 395,400,000 9,178,116 - Vacancy Savings (11,000,000) - Contingencies 285,847,902 - 203,664,420 - 5,626,475,240 1,785,763,036 -32- 1,418,498,881 1,665,325,056 120,437,980 Capital Expenditures and Encumbrances 2021-2022 Program General Government Arts and Cultural Facilities Economic Development Facilities Management Finance Fire Protection Housing Human Services Information Technology Libraries Neighborhood Services Parks and Mountain Preserves Planning & Historic Preservation Police Protection Public Transit Regional Wireless Cooperative Street Transportation & Drainage General Government Subtotal Enterprise Aviation Phoenix Convention Center Solid Waste Disposal Wastewater Water System Enterprise Subtotal Total Capital Budget Program Budget $ $ $ 2020-2021 Actual Yearto-Date Actual Yearto-Date From Operating Funds Budget Actual 902,484 $ 9,449,804 25,692,111 8,000,000 37,132,633 55,512,971 600,000 19,331,192 5,621,283 13,906,226 84,033,892 3,648,000 24,412,000 409,110,166 6,001,000 334,072,971 $ (9,714,224) 1,990,435 46,565,718 1,790,288 3,256,986 2,812,307 132,709 281,981 4,376,546 11,314,206 168,709,843 378,356 75,544,102 $ 23,071,042 1,559,888 3,342,222 2,292,520 812,491 23,900 76,541 4,920,554 171,784 174,706,010 318 49,516,331 1,037,426,733 $ 307,439,252 $ 260,493,600 $ $ 430,168,664 40,136,585 41,068,570 248,496,560 405,355,933 1,165,226,312 $ $ 28,014,705 15,757,987 1,615,749 110,045,487 65,563,553 220,997,482 $ 2,202,653,045 $ 528,436,734 - $ 9,449,804 16,494,688 11,262,645 43,563,845 9,680,493 955,000 13,906,226 68,307,798 3,648,000 $ 337,696,715 169,955,683 902,484 $ 9,197,423 8,000,000 25,869,988 11,949,126 600,000 9,650,699 4,666,283 15,726,094 24,412,000 71,413,451 6,001,000 164,117,288 $ (10,000,000) 897,046 1,364,527 617,675 247,748 32,045 11,314,206 67,918,464 378,356 48,011,711 902,484 19,164,028 23,701,677 (38,565,718) 35,342,345 52,255,985 600,000 16,518,885 5,488,574 13,624,245 79,657,346 3,648,000 13,097,794 240,400,323 5,622,644 258,528,869 684,920,897 $ 186,657,474 352,505,836 $ 120,781,778 729,987,481 $ $ $ 413,907,631 $ 1,045,087,040 - 33 - Unencumbered Budget $ 285,776 1,093,389 46,565,718 425,762 2,639,311 2,564,559 132,709 281,981 4,344,500 100,791,378 27,532,391 84,751,987 12,161,771 1,148,574 22,162,233 33,189,466 153,414,031 $ 2021-2022 Year-to-Date Capital Amounts From Capital Funds Budget Actual 127,554,037 15,638,135 19,343,623 69,285,302 128,345,046 360,166,143 $ $ 2,611,574 7,591,837 1,421,477 30,503,321 35,243,052 77,371,261 $ $ 264,028,735 $ $ $ 302,614,627 24,498,450 21,724,947 179,211,258 277,010,887 805,060,169 $ 1,157,566,005 $ $ $ 25,403,131 8,166,150 194,273 79,542,166 30,320,501 143,626,221 $ 402,153,959 24,378,598 39,452,821 138,451,073 339,792,380 944,228,830 $ 264,407,999 $ 1,674,216,311 Bonds Authorized and Sold As of OCTOBER 31 (dollars in thousands) Authorized Sold Available 1988 Authorizations General Obligation Bonds Freeway Mitigation, Neighborhood Stabilization, and Slum and Blight Elimination $ Bonds Fully Issued Total General Obligation Bonds Revenue Bonds Bonds Fully Issued Total 1988 Authorizations 29,285 884,175 $ 28,285 884,175 $ 1,000 - 913,460 912,460 1,000 143,890 143,890 - 1,057,350 1,056,350 1,000 66,300 125,300 24,800 61,500 12,000 33,000 91,500 74,000 77,000 78,800 66,000 43,700 64,600 124,685 24,170 60,700 11,205 32,100 89,275 71,645 72,575 77,685 65,950 43,700 1,700 615 630 800 795 900 2,225 2,355 4,425 1,115 50 - 753,900 738,290 15,610 81,000 11,100 198,700 12,800 104,622 74,705 29,178 115,500 107,295 78,200 65,400 63,385 8,510 190,610 8,345 85,510 61,200 21,100 102,290 81,900 58,135 61,770 17,615 2,590 8,090 4,455 19,112 13,505 8,078 13,210 25,395 20,065 3,630 878,500 742,755 135,745 2001 Authorization General Obligation Bonds Education, Youth and Family Cultural Facilities Computer Technology Environmental Cleanup Fire Protection Historic Preservation Library Facilities Street Improvements Neighborhood Protection and Senior Centers Parks, Open Space, and Recreational Facilities Police Protection Storm Sewer and Flood Protection Bonds Fully Issued Total 2001 Authorizations 2006 Authorization General Obligation Bonds Affordable Housing and Neighborhood Revitalizatio Computer Technology Education and Health Science Facilities Environmental Cleanup Family, Senior, and Youth Cultural Facilities Fire Protection Library Facilities and Improvements Parks, Open Space, and Recreational Facilities Police Protection Street Improvements Storm Sewer and Flood Protection Total 2006 Authorizations Total Bond Program $ 2,689,750 - 34 - $ 2,537,395 $ 152,355 Appendix A Additional historic and trend information for various revenue streams. Local Sales Tax (Dollars in Thousands) Local Sales Tax 70,000 17-18 Actuals 60,000 18-19 Actuals 19-20 Actuals 50,000 20-21 Actuals 40,000 21-22 Actuals 21-22 Budget 30,000 20,000 10,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 17,068 29,246 33,070 41,583 44,048 33,359 Sept Aug 43,895 32,982 36,653 59,937 61,805 47,837 Oct Sept 33,757 32,919 56,465 33,935 41,516 43,317 Nov Oct 42,559 52,159 31,089 45,467 50,734 47,232 YTD thru October 137,279 147,306 157,277 180,922 198,103 171,745 Dec Jan Nov 31,868 33,971 40,325 52,188 43,668 Feb Dec 33,857 53,513 51,643 39,837 49,321 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A1 - Jan 41,041 35,343 39,512 42,051 43,557 Mar Feb 36,368 38,579 33,570 32,672 38,935 Apr May June Mar 32,970 39,641 61,093 63,749 54,451 Apr 48,534 46,770 29,662 40,758 45,701 May 33,061 27,146 35,239 40,197 37,406 June 45,459 64,281 50,222 67,088 62,613 State Sales Tax (Dollars in Thousands) State Sales Tax 30,000 17-18 Actuals 25,000 18-19 Actuals 19-20 Actuals 20,000 20-21 Actuals 15,000 21-22 Actuals 21-22 Budget 10,000 5,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 11,773 18,836 20,116 22,912 26,539 20,994 Aug 12,260 13,749 14,944 14,482 18,124 15,805 Sept Oct Sept 17,561 12,476 11,479 13,123 16,285 15,578 Nov Oct 10,963 10,922 14,226 18,038 18,259 15,438 Dec Jan Feb Mar Apr May June YTD thru October 52,557 55,983 60,765 68,555 79,207 67,815 Nov 13,678 15,747 16,443 13,095 16,811 Dec 13,707 14,902 12,120 19,640 17,212 Jan 13,334 12,154 17,440 19,033 17,666 Feb 13,322 15,369 17,707 10,831 16,316 Mar 13,651 13,689 12,285 15,878 15,824 Apr 12,631 14,284 18,557 23,414 19,640 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A2 - May 13,603 14,640 11,288 17,998 16,402 June 9,515 8,298 5,321 12,848 10,259 Vehicle License Tax (Dollars in Thousands) Vehicle License Tax 12,000 17-18 Actuals 11,000 18-19 Actuals 10,000 9,000 19-20 Actuals 8,000 20-21 Actuals 7,000 21-22 Actuals 6,000 21-22 Budget 5,000 4,000 3,000 2,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug Sept Oct July 9,008 9,422 10,791 10,098 10,453 10,827 Aug 4,830 5,782 5,619 7,692 5,328 6,588 Sept 5,152 5,349 5,207 6,207 6,363 6,035 Nov Dec Jan Feb Oct 5,670 6,492 6,146 7,328 6,970 7,059 YTD thru October 24,660 27,045 27,763 31,325 29,114 30,509 Nov 4,904 4,886 5,408 4,608 5,454 Dec 5,741 5,800 5,891 6,529 6,598 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A3 - Mar Jan 5,470 6,143 6,514 7,328 7,010 Apr Feb 5,714 5,490 6,528 5,568 6,416 May Mar 5,493 5,943 5,960 6,411 6,556 June Apr 5,593 5,668 5,110 7,162 6,480 May 5,602 5,959 4,699 6,472 6,260 June 3,607 3,276 2,611 4,365 3,816 Governmental Funds Revenue (Dollars in Thousands) Governmental Funds Revenue 500,000.00 2017-18 Actuals 450,000.00 2018-19 Actuals 400,000.00 2019-20 Actuals 350,000.00 2020-21 Actuals 300,000.00 2021-22 Actuals 250,000.00 21-22 Budget 200,000.00 150,000.00 100,000.00 50,000.00 - FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget July Aug July 98,501 131,124 100,481 68,761 123,174 122,524 Aug 185,527 168,019 187,393 217,048 225,569 243,150 Sept Sept 176,701 152,605 194,506 260,275 185,901 255,683 Oct Nov Oct 189,075 198,474 175,883 215,731 231,638 255,315 YTD thru October 649,804 650,222 658,263 761,815 766,282 876,672 Dec Jan Feb Nov 226,848 247,632 269,127 298,362 337,794 Dec 192,262 221,971 226,582 236,818 288,968 Jan 187,522 170,844 209,806 216,626 257,819 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A4 - Mar Apr Feb 176,559 173,462 187,061 178,738 237,296 May Mar 167,449 187,169 217,521 272,444 276,766 June Apr 217,138 210,659 180,484 316,241 313,183 May 223,002 245,256 226,625 277,929 321,346 June 252,080 280,540 378,887 362,173 439,548 Aviation Revenues (Dollars in Thousands) Aviation Operating Revenues 100,000 17-18 Actuals 90,000 18-19 Actuals 80,000 19-20 Actuals 70,000 20-21 Actuals 60,000 21-22 Actuals 50,000 21-22 Budget 40,000 30,000 20,000 10,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug Sept Oct July 26,403 31,468 30,489 25,387 36,735 30,581 Aug 34,965 32,105 32,307 2,666 33,945 27,434 Sept 30,148 31,728 32,953 27,193 28,302 32,806 Nov Dec Jan Feb Mar Apr Oct 29,291 31,719 32,056 21,045 31,904 30,679 YTD thru October 120,807 127,020 127,805 76,291 130,886 121,500 Nov 21,702 32,312 33,532 23,880 29,957 Dec 38,212 30,496 36,787 31,636 36,868 Jan 32,543 31,205 34,297 18,059 31,215 Feb 30,671 32,944 34,215 61,877 42,937 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A5 - May Mar 33,070 33,075 34,228 25,487 33,838 June Apr 37,265 37,847 27,255 31,454 35,978 May 32,447 34,396 23,524 30,668 32,540 June 38,986 35,938 10,702 91,844 47,713 Water System Revenues (Dollars in Thousands) Water System Operating Revenues 70,000 17-18 Actuals 60,000 18-19 Actuals 19-20 Actuals 50,000 20-21 Actuals 40,000 21-22 Actuals 21-22 Budget 30,000 20,000 10,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 54,624 49,797 52,660 57,819 58,256 58,764 Sept Aug 44,633 46,762 51,596 53,509 42,379 53,733 Oct Sept 44,819 44,112 47,319 52,454 47,181 51,601 Nov Dec Jan Feb Mar Apr May June Oct 39,391 35,672 40,300 47,335 39,257 44,490 YTD thru October 183,467 176,343 191,875 211,117 187,073 208,588 Nov 38,890 31,619 38,339 42,280 41,326 Dec 27,184 25,048 26,405 33,139 30,565 Jan 25,186 22,565 25,330 28,579 27,799 Feb 22,704 21,558 25,643 25,188 26,003 Mar 23,806 20,138 24,861 28,415 26,585 Apr 31,392 31,150 29,080 37,714 35,367 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A6 - May 38,031 36,293 40,442 42,556 43,020 June 43,736 38,106 52,141 43,174 48,444 Wastewater Revenues (Dollars in Thousands) Wastewater Operating Revenues 32,000 17-18 Actuals 18-19 Actuals 27,000 19-20 Actuals 22,000 20-21 Actuals 21-22 Actuals 17,000 21-22 Budget 12,000 7,000 2,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 18,615 17,949 18,374 21,205 22,011 19,596 Sept Aug 22,957 20,417 24,593 22,791 21,971 23,357 Oct Sept 19,811 21,145 21,373 21,844 26,947 21,662 Nov Dec Jan Feb Mar Apr May June Oct 20,195 23,028 20,975 22,234 18,312 22,243 YTD thru October 81,578 82,539 85,315 88,074 89,241 86,858 Nov 20,386 19,734 21,142 18,577 20,547 Dec 20,097 20,469 20,888 24,461 22,110 Jan 20,584 22,113 22,063 18,430 21,409 Feb 19,499 19,436 20,973 24,355 21,685 Mar 20,517 19,960 21,613 21,754 21,577 Apr 18,079 21,256 18,428 21,584 20,420 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A7 - May 20,160 20,980 23,948 20,085 21,919 June 18,345 16,544 18,289 17,424 18,170