December 2021 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division December 31, 2021 To the Mayor and City Council: This is the City's Financial Report for December, the sixth 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 February 8, 2022 CITY AUDITOR REPORT To the Chief Financial Officer, We have assessed the Finance Department’s (Finance) December 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, For Ross Tate Deputy City Auditor City of Phoenix Monthly Financial Report December 2021 Table of Contents Page Performance Status General Fund Total Expenditures 1 Better than Expected General Government 1 Better than Expected Criminal Justice 2 Better than Expected Expenditures by Programs General Fund Expenditures Public Safety 2 Better than Expected Transportation 3 Better than Expected Community Development 3 Better than Expected Community Enrichment 4 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 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 Better than Expected General Obligation Debt Service 9 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 Page Performance Status General Fund Total Operating Revenue 13 Better than Expected Property Tax 14 Better than Expected Local Sales Tax 15 Better than Expected Revenues by Source 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. December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 604,752 1,177,280 51.4% 624,602 1,214,362 51.4% 685,497 1,282,831 53.4% 697,111 1,371,152 50.8% 742,915 1,494,454 49.7% * - For prior years-total actual expenditures, for current year-total approved budget net of adjustment for contingencies. Better than Expected 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 December December YTD Expenditures YTD 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 December are 6.6% 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 63,353 110,408 57.4% 63,902 114,393 55.9% 74,890 123,100 60.8% 78,916 154,211 51.2% 86,053 169,980 50.6% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected 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 December YTD Expenditures December 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 December are 9.0% 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 December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 16,473 32,232 51.1% 17,180 33,387 51.5% 17,910 35,033 51.1% 18,115 36,162 50.1% 19,191 39,858 48.1% * - 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 December 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 December are 5.9% 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 410,390 817,960 50.2% 426,821 841,467 50.7% 464,072 893,403 51.9% 477,436 925,920 51.6% 501,346 999,730 50.1% $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 December 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 December, general fund public safety expenditures are 5.0% 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 December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 10,818 16,366 66.1% 10,853 18,337 59.2% 11,403 19,748 57.7% 13,351 22,144 60.3% 11,789 23,476 50.2% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected CommunityTransportation Development $1 $30,000 $1 Series1 December YTD Expenditures $1 $20,000 $1 $0 $10,000 Series2Annual 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 December, General fund transportation expenditures are 11.7% lower than the same period in the prior fiscal year. Community Development Community Development December YTD Annual % of Annual Expenditures Expenditures * Expenditures 10,902 20,243 53.9% 10,541 21,238 49.6% 12,000 22,542 53.2% 12,012 24,114 49.8% 13,114 30,755 42.6% $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 December 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 December are 9.2% 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 December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 78,977 156,325 50.5% 82,922 156,552 53.0% 88,255 155,417 56.8% 81,691 158,589 51.5% 92,643 181,164 51.1% * - For prior years-total actual expenditures, for current year-total approved budget Community Enrichment $200,000 December YTD Expenditures $160,000 $120,000 $80,000 Annual Expenditures * $40,000 $0 17-18 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 December, general fund community enrichment expenditures are 13.4% 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 8,158 12,624 64.6% 8,901 16,886 52.7% 13,176 19,180 68.7% 11,944 20,905 57.1% 16,407 24,482 67.0% * - 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 December 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 December, general fund environmental services expenditures are 37.4% 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. December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 1,836,297 3,547,078 51.8% 2,035,726 3,775,464 53.9% 2,017,344 3,814,963 52.9% 2,063,370 4,163,122 49.6% 2,363,670 5,433,858 43.5% * - 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 December 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 December are 14.6% 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 72,936 134,117 54.4% 75,197 138,349 54.4% 85,510 157,200 54.4% 112,729 207,451 54.3% 93,797 205,869 45.6% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected General Government $250,000 December 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 December are 16.8% 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 202021 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 December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 19,584 38,411 51.0% 21,805 42,530 51.3% 22,554 44,425 50.8% 22,157 44,147 50.2% 22,749 48,200 47.2% * - For prior years-total actual expenditures, for current year-total approved budget Criminal Justice $60,000 December 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 2.7% higher through December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 487,215 970,771 50.2% 515,450 1,025,513 50.3% 567,957 1,110,457 51.1% 581,532 1,122,901 51.8% 625,978 1,250,252 50.1% * - 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 December 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 December are 7.6% 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 December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 441,630 709,977 62.2% 467,776 722,667 64.7% 515,086 774,492 66.5% 436,656 786,597 55.5% 541,896 852,157 63.6% * - 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 December 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 24.1% higher through December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 102,486 203,096 50.5% 98,252 195,716 50.2% 104,753 229,793 45.6% 136,451 245,310 55.6% 110,076 295,437 37.3% * - 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 December 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 December are 19.3% 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 December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 160,496 306,763 52.3% 168,347 317,465 53.0% 179,588 316,680 56.7% 197,867 390,805 50.6% 233,060 403,432 57.8% * - 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 December 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 December are 17.8% 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 321,859 696,244 46.2% 351,275 670,219 52.4% 358,510 692,524 51.8% 379,411 734,733 51.6% 408,307 805,889 50.7% * - 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 December YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Better than Expected 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 7.6% higher through December 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 December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 53,392 106,315 50.2% 58,317 116,634 50.0% 65,344 130,839 49.9% 66,144 131,938 50.1% 65,710 132,070 49.8% * - For prior years-total actual expenditures, for current year-total approved budget net of credit for early redemption fund resources $180,000 December YTD Expenditures $120,000 $60,000 Annual Expenditures * $0 17-18 18-19 19-20 20-21 21-22 Expected General obligation debt service expenditures through December are 0.7% 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) $ $ 292,130 1,066,578 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 45,483 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: $ 21-22 (YTD) 40,137 $ 67,127 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. FY2021-22 exceeds budget due to the $47M purchase of 100 W. Washington Street. 21-22 (YTD) 21-22 (Budget) 20-21 19-20 18-19 17-18 $0 Solid Waste 17-18 18-19 $ 10,355 $ 7,857 19-20 $ 5,490 $20,000 21-22 (Budget) 20-21 $ 8,796 $ 41,067 $40,000 $60,000 $80,000 21-22 (YTD) $ 2,294 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. 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 (YTD) 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) $ 248,272 $122,839 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 $ 405,581 $ 86,372 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 December 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 December YTD Revenues 567,499 601,823 636,391 753,783 745,159 18-19 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 48.8% 49.3% 48.7% 50.5% 55.0% * - For prior years - total actual revenues, for current year - total approved budget Better than 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 December are 1.1% 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 63,168 120,000 90,000 154,560 60,000 162,129 170,209 191,294 182,043 Primary 98,153 30,000 17-18 FY 17-18 18-19 19-20 20-21 21-22 YTD 21-22 Budget Total 249,995 263,781 277,764 297,112 161,321 310,582 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 89,520 103,048 106,400 20-21 Dec 25,018 30,444 23,612 38,512 33,534 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 98,153 63,168 191,294 119,289 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 December are 14.6% higher than the same period in the prior year. Actual local sales tax revenues through December are 18.1% 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 December state shared sales tax revenues are 16.0% 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 December 2021 are 4.8% 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 500,000 450,000 400,000 21-22 Budget 350,000 300,000 250,000 2021-22 Actuals 200,000 150,000 100,000 50,000 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 December 2021 are 10.5% lower than budget expectations for the period. Governmental Funds Revenues 3 Year Trend 400,000 350,000 300,000 2019-20 Actuals 250,000 200,000 2020-21 Actuals 150,000 2021-22 Actuals 100,000 50,000 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 December 2021 are 7.2% 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 December 2021 are 5.0% 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 December 2021 are 4.5% 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 DECEMBER 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 $ 312,707 $ 1,917 272,947 1,591 197,945 219,316 79,100 191,294 2,771 9,600 118,164 107,250 40,513 98,153 1,475 2,150 101,290 120,119 42,462 92,292 1,357 2,096 8,956 1,451 13,108 483 4,093 1,497 6,463 3,987 405 7,090 331 2,553 922 5,293 4,082 502 50,792 62 1,769 684 3,069 33,500 1,500 16,599 5,550 12,355 23,029 412 8,179 1,474 9,156 14,143 411 33,923 2,718 7,474 1,355,776 - 22 - $ 745,159 $ 753,783 General Fund Expenditures As of DECEMBER 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 1,384 169,980 $ 1,159 $ 2,267 3,707 31,140 1,635 1,534 12,736 1,588 2,755 11,669 2,423 11,303 2,137 86,053 899 1,914 2,342 30,827 1,329 1,094 11,870 1,320 2,632 6,183 2,225 14,154 2,127 78,916 Criminal Justice Municipal Court Public Defender Total Criminal Justice 34,224 5,634 39,858 16,542 2,649 19,191 15,697 2,418 18,115 Public Safety Police Fire Others Total Public Safety 611,239 388,358 133 999,730 308,539 192,597 210 501,346 297,941 179,204 291 477,436 Transportation Street Transportation Public Transit Total Transportation 21,638 1,838 23,476 10,147 1,642 11,789 9,132 4,219 13,351 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 8,295 15,515 5,173 1,772 30,755 3,270 7,552 2,151 141 13,114 2,788 6,876 2,249 99 12,012 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 108,229 43,865 22,051 7,019 181,164 52,180 23,872 12,008 4,583 92,643 46,951 22,004 8,951 3,785 81,691 Environmental Services Public Works Environmental Programs Others Total Environmental Services 22,728 1,280 474 24,482 15,553 462 392 16,407 11,185 399 360 11,944 Capital Improvement 25,007 2,372 3,646 Vacancy Savings (11,000) - - Contingencies 124,164 - - 742,915 $ 697,111 Total Expenditures and Encumbrances $ 1,607,618 - 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 DECEMBER 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 2,800 312,707 $ 1,917 272,947 1,591 197,945 219,316 79,100 191,294 2,771 9,600 10,407 13,108 483 4,093 1,497 6,463 51,599 5,550 12,355 118,164 107,250 40,513 98,153 1,475 2,150 4,392 7,090 331 2,553 922 5,293 31,620 1,474 9,156 101,290 120,119 42,462 92,292 1,357 2,096 4,584 50,792 62 1,769 684 3,069 48,477 2,718 7,474 1,355,776 745,159 753,783 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 21,843 56,329 22,189 3,873 158,151 2,398 51,345 3,171 11,049 75,385 2,182 1,605 5,721 121,569 63,168 21,837 57,798 19,330 3,501 131,891 146 43,524 3,785 5,919 71,057 6,057 2,604 10,512 104,432 60,818 1,993,617 599,977 543,213 412,546 75,996 487,697 254,696 189,870 201,942 38,917 266,380 135,341 98,875 131,807 25,620 286,536 131,112 88,298 1,420,805 741,456 663,373 4,770,198 - 24 - $ $ 2,086,592 $ 1,960,369 Citywide Operating Expenditures As of DECEMBER 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 86,053 $ 7,744 93,797 78,916 33,813 112,729 39,858 8,342 48,200 19,191 3,558 22,749 18,115 4,042 22,157 Public Safety General Funds Other Funds Total Public Safety 999,730 250,522 1,250,252 501,346 124,632 625,978 477,436 104,096 581,532 Transportation General Funds Other Funds Total Transportation 23,476 828,681 852,157 11,789 530,107 541,896 13,351 423,305 436,656 Community Development General Funds Other Funds Total Community Development 30,755 264,682 295,437 13,114 96,962 110,076 12,012 124,439 136,451 Community Enrichment General Funds Other Funds Total Community Enrichment 181,164 222,268 403,432 92,643 140,417 233,060 81,691 116,176 197,867 Environmental Services General Funds Other Funds Total Environmental Services 24,482 781,407 805,889 16,407 391,900 408,307 11,944 367,467 379,411 Debt Service General Funds Other Funds Total Debt Service 132,070 132,070 65,710 65,710 66,144 66,144 25,007 1,049,230 1,074,237 2,372 241,424 243,796 3,646 126,777 130,423 American Rescue Plan Act General Funds Other Funds Total American Rescue Plan Act 366,315 366,315 18,301 18,301 - 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 3,652,591 5,626,522 742,915 1,602,454 2,363,670 $ $ 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 - 697,111 1,366,259 2,063,370 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 DECEMBER 31 2021 2020 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 General Funds $ 53,633,133 911,289 54,544,422 23,859,604 17,673,907 6,537,614 $ 39,837,130 940,821 Local Taxes: Sales Taxes Privilege License Fees $ 547,396,684 2,800,000 $ 312,707,251 1,916,810 $ 272,947,079 1,591,364 40,777,951 Total Local Taxes 550,196,684 314,624,061 274,538,443 19,640,115 20,019,770 6,528,389 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 197,945,000 219,316,000 79,100,000 118,163,686 107,250,489 40,513,167 101,290,098 120,118,619 42,461,719 48,071,125 46,188,274 496,361,000 265,927,342 263,870,436 20,977,683 23,781,541 Primary Property Tax 191,294,000 98,153,111 92,291,821 283,635 324,583 Licenses and Permits 2,771,000 1,474,933 1,356,758 0 0 Cable Communications 9,600,000 2,149,885 2,096,380 627,468 57,881 Municipal Court: Fines and Forfeitures Court Default Fee 8,956,050 1,451,000 3,986,962 405,161 4,082,575 501,808 599,032 50,410 649,442 685,349 1,247,762 443,059 4,291 4,284 357,396 213,743 131,930 327,576 3,808,730 62,775 294,845 2,411,836 64,350 788,384 4,166,350 3,264,570 266,874 398,700 Total State Shared Taxes Total Municipal Court Police Library Fees 10,407,050 4,392,123 4,584,383 13,107,604 7,089,612 50,792,321 482,634 330,912 62,417 Parks and Recreation 4,092,621 2,552,862 1,768,962 116,968 Planning and Development 1,496,700 921,703 683,770 842,492 Street Transportation 6,462,738 5,292,578 3,068,754 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other 33,500,000 1,500,000 16,598,713 23,028,871 411,775 8,179,383 14,142,533 411,200 33,922,788 51,598,713 31,620,029 48,476,521 5,550,000 1,473,993 2,717,928 1,705,671 1,500,511 132,734,157 118,542,025 Total Fire Interest Other Fees and Service Charges Total General Funds 26 12,354,781 9,155,713 7,474,149 1,355,775,525 745,158,857 753,783,043 Citywide Operating Revenue by Source (continued) For the Month Ended DECEMBER 31 2021 2020 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Special Revenue and Debt Service Funds $ 2,598,885 185,635 928,173 8,184 $ 3,720,877 7,321,800 2,331,797 9,669 2,233,395 159,528 797,640 16,186 Neighborhood Protection: Police Neighborhood Protection Police Blockwatch Fire Neighborhood Protection Interest/Other 3,206,749 Total Neighborhood Protection $ $ $ 5,104,900 1,276,225 19,223 3,756,453 $ 3,323,437 571,316 0 253,696 1,199 50,576 $ $ $ $ $ 499,864 0 252,971 823 27,747 9,663,266 6,400,348 876,787 25,422,931 2,570,014 $ $ 27,992,945 15,121,678 1,080,120 5,400,599 240,862 $ 12,953,913 925,279 4,626,397 3,331,562 40,619,853 21,843,259 21,837,151 79,660,712 25,473,909 320,352 42,656,145 13,600,761 71,997 36,056,255 11,353,815 10,388,160 105,454,973 56,328,903 57,798,230 Parks and Preserves 42,099,308 22,188,678 19,329,807 Golf Courses: Fees Coffee Shops Concessions Interest Other 4,296,600 0 2,180,725 10,000 306,300 2,347,547 0 1,278,980 6,661 239,968 2,056,734 0 1,220,425 7,452 216,727 6,793,625 3,873,156 3,501,338 21,969,776 866,748 Transit 2000 & 2050: Sales Taxes Interest/Other 274,395,647 27,973,297 147,506,477 10,644,176 126,441,542 5,449,041 302,368,944 158,150,653 131,890,583 Court Awards 5,295,826 2,398,456 146,251 Planning and Development 71,428,000 51,345,438 43,524,441 Capital Construction 7,591,654 3,170,715 3,785,314 Sports Facilities: Sales Taxes Interest/Other 15,577,677 4,239,952 10,145,473 903,058 4,791,453 1,127,279 19,817,629 11,048,531 5,918,732 $ 128,303 6,409,812 $ 7,682,664 535,079 $ 827,520 2,234,827 Total Public Safety Enhancement & Expansion $ Total Golf Courses 22,836,524 $ $ Public Safety Enhancement & Expansion Police Fire Interest/Other 28,150,485 2,010,822 10,053,100 405,446 781,405 0 2,214,614 20,213 $ 1,200,893 56,588 1,257,481 Total Transit 2000 & 2050 Total Sports Facilities 27 Citywide Operating Revenue by Source (continued) For the Month Ended DECEMBER 31 2021 2020 Source Budget Estimate 2021-2022 Actual Year-to-Date 2021-2022 2020-2021 148,960,000 750,000 5,000 74,924,502 233,717 226,300 70,645,810 405,691 5,764 149,715,000 75,384,519 71,057,265 Special Revenue and Debt Service Funds (Cont'd) $ 12,295,187 41,758 0 11,369,690 63,178 479 12,336,945 11,433,347 - $ - Highway User Revenue: Highway User Revenue Interest Other Total Highway User Revenue Local Transportation Assistance 0 0 0 531,197 1,276,301 Regional Transit Revenues 38,945,335 2,182,042 6,057,483 144,938 330,567 Community Reinvestment 5,862,535 1,604,612 2,604,087 3,057,523 7,711,355 Other Restricted Fees 36,384,438 5,720,977 10,511,549 359,793 8,072,894 2,895,168 684,463 7,765,348 816,193 Grants: Public Housing: Rentals Grants Other 7,677,450 96,223,329 25,464,757 2,789,660 50,955,236 9,508,020 3,488,496 51,016,770 4,114,978 11,327,855 9,266,004 129,365,536 63,252,916 58,620,244 86,581,471 240,755,810 70,581,150 510,270,201 19,246,483 20,876,027 (960,796) 19,154,194 25,996,180 18,522,641 (653,068) 1,946,402 11,224,677 12,288,621 85,353 2,502,110 7,742,633 16,224,080 6,890 800,432 $ Total Public Housing Other: Human Resources Federal Transit Administration Community Development Other 26,100,761 24,774,035 Total Other 908,188,632 58,315,908 45,812,155 37,428,616 34,040,039 Total Grants 1,037,554,168 121,568,824 104,432,399 12,555,618 13 14,729,084 2,310,729 119,288,943 4,396,670 61,405,219 1,762,744 58,499,573 2,318,516 12,555,631 17,039,813 123,685,613 63,167,963 60,818,089 121,244,896 118,275,853 1,993,616,901 599,976,726 543,212,719 119,690,864 271,910,885 5,711,000 8,827,798 2,883,830 3,521,570 0 48,917,161 148,025,153 749,113 644,519 1,491,918 1,762,405 352,128 40,047,495 79,574,205 1,329,930 7,162,405 1,533,379 1,437,676 721,819 412,545,947 201,942,397 131,806,909 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: 9,287,524 25,834,545 388,486 (1,097,207) 265,526 288,223 58,654 7,261,205 17,932,556 95,539 5,724,322 257,854 253,506 111,179 35,025,751 31,636,161 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 DECEMBER 31 2021 2020 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 6,354,658 1,610,849 19,103 4,528,622 748,659 41,478 7,984,610 5,318,759 32,871,009 243,680 436,156 451,865 760,440 111,184 2,649,216 30,618,769 215,338 583,845 885,703 605,820 203,887 24,968 37,523,550 33,138,330 Excise Taxes Operating Revenue Interest Total Convention Center 57,195,956 18,000,000 800,000 31,834,354 6,972,926 109,703 23,372,966 1,978,922 268,548 75,995,956 38,916,983 25,620,436 457,546,975 5,000,000 5,610,000 8,792,000 4,900,000 8,317,000 (2,469,270) 251,503,652 1,375,304 8,623,827 4,072,445 3,197,961 656,086 (3,049,028) 275,058,600 1,293,142 4,274,469 4,598,688 2,819,639 1,222,335 (2,731,248) 487,696,705 266,380,247 286,535,625 WATER SYSTEM: $ Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System WASTEWATER: 17,438,927 1,951,028 726,767 140,144 4,123,136 17,056,965 3,718,316 617,220 251,904 2,816,690 Sewer Service Charges Multi-City Development Fees Interest Other 210,134,198 15,721,355 4,700,000 3,611,000 20,529,855 105,602,249 10,963,589 3,077,160 878,538 14,819,757 104,091,127 11,151,512 2,679,090 1,555,815 11,634,681 24,380,002 24,461,095 Total Wastewater 254,696,408 135,341,293 131,112,225 171,158,281 12,496,485 500,800 5,714,310 85,580,844 7,092,817 105,246 6,096,037 76,685,009 5,858,675 168,191 5,585,751 189,869,876 98,874,944 88,297,626 1,420,804,892 741,455,864 663,372,821 $ 4,770,197,318 $ 2,086,591,447 SOLID WASTE: $ 14,297,059 1,287,729 18,716 1,679,055 12,812,004 991,189 25,956 3,808,345 17,282,559 17,637,494 122,196,472 112,191,839 376,175,525 $ 349,009,717 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds Total Operating Revenues 29 $ 1,960,368,583 Citywide Operating Expenditures by Program For the Month Ended DECEMBER 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 $ 139,032 390,863 450,373 3,628,879 290,935 241,752 250,346 1,979,385 353,756 309,596 1,338,386 233,250 11,535 356,400 2,244,680 1,537,022 13,756,189 $ 133,338 316,432 1,385,715 8,725,728 97,326 186,901 194,593 1,803,154 261,226 520,904 1,125,018 203,420 9,796 332,164 2,531,194 (693,368) 17,133,540 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 $ 1,159,039 2,267,302 3,857,535 32,459,903 786,005 1,640,678 1,695,558 13,658,124 1,587,830 2,755,429 12,109,070 1,286,087 73,414 2,422,943 14,497,106 1,541,291 $ 912,819 1,913,936 4,685,425 48,617,459 935,559 1,343,741 1,317,336 12,777,593 1,320,448 2,631,823 7,828,705 1,273,367 61,640 2,224,927 25,949,479 (1,065,422) $ 1,159,039 2,267,302 3,857,535 31,538,361 786,005 1,640,678 1,695,558 13,658,124 1,587,830 2,755,429 11,927,662 1,286,087 73,414 2,422,943 12,280,365 1,541,291 921,542 181,408 2,216,740 - 205,868,751 93,797,311 112,728,834 90,477,620 3,319,690 42,565,455 5,634,405 20,099,803 2,648,892 19,739,398 2,417,794 17,561,621 2,648,892 2,538,182 - 48,199,860 22,748,695 22,157,192 20,210,513 2,538,182 787,047,218 462,514,635 689,995 388,525,045 236,969,971 483,212 366,906,377 213,998,594 627,450 388,355,410 236,843,135 483,212 169,635 126,837 - 1,250,251,848 625,978,229 581,532,421 625,681,757 296,471 Criminal Justice 3,138,102 440,680 3,064,113 462,311 3,578,782 3,526,423 Municipal Court Public Defender Total Criminal Justice Public Safety 76,449,933 38,032,960 18,633 61,016,383 44,186,238 103,346 114,501,526 105,305,966 Police Fire Other Total Public Safety -30- Citywide Operating Expenditures by Program (continued) For the Month Ended DECEMBER 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 $ 7,476,745 615,399 30,970,280 3,233,243 42,295,667 $ 6,489,671 989,802 27,157,296 7,493,734 Street Transportation Street Lighting Aviation Public Transit 42,130,502 Total Transportation $ 109,015,415 8,608,167 439,526,868 295,006,507 $ 56,832,838 5,305,001 248,355,150 231,403,216 $ 55,873,262 4,930,399 160,238,028 215,614,185 $ 55,740,601 5,305,001 205,634,232 231,403,216 1,092,238 42,720,918 - 852,156,957 541,896,205 436,655,873 498,083,050 43,813,156 Community Development 5,754,923 7,800,134 1,921,250 2,418,382 5,751,852 12,568,599 2,523,738 13,039,375 Planning and Development Housing Economic Development Neighborhood Services Department 81,254,299 113,580,586 19,204,299 81,397,917 37,205,720 50,710,435 7,398,538 14,761,109 32,498,819 55,098,636 17,235,733 31,617,479 37,205,720 50,673,393 5,442,596 14,761,109 37,042 1,955,941 - 17,894,689 33,883,564 Total Community Development 295,437,101 110,075,803 136,450,667 108,082,819 1,992,984 124,466,232 44,860,208 64,404,482 12,708,486 147,637,246 4,582,155 4,772,747 60,168,279 24,227,919 39,203,997 6,354,063 96,568,545 4,083,757 2,453,264 56,786,791 22,987,447 40,577,030 5,562,215 63,554,597 3,765,186 4,633,906 60,156,528 24,227,919 28,820,826 96,566,390 4,083,757 2,453,264 11,751 10,383,172 6,354,063 2,155 - 403,431,556 233,059,824 197,867,173 216,308,684 16,751,140 Community Enrichment 7,660,090 3,360,496 4,615,880 1,058,890 32,454,388 150,097 175,407 7,397,765 2,746,750 3,845,063 971,921 11,620,728 220,255 637,895 49,475,248 27,440,376 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 DECEMBER 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 $ 32,804,710 14,995,043 12,701,139 3,375,423 152,294 82,648 64,111,257 $ 40,055,312 15,629,605 11,610,159 3,203,779 233,834 69,478 70,802,168 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 29,682,596 1,996,649 910,264 $ 198,562,258 94,144,637 95,300,780 18,755,094 1,022,870 521,740 $ 190,738,914 91,877,040 75,998,308 17,309,245 3,048,761 439,076 $ 132,581,911 58,996,607 88,160,185 15,564,024 1,022,870 521,740 65,980,347 35,148,030 7,140,595 3,191,070 111,460,042 805,889,204 408,307,378 379,411,344 296,847,336 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 10,129,758 1,718,125 363,888 4,019,415 270,263 1,417,815 1,112,251 7,562,641 3,603,186 327,238 10,065,420 5,338,008 2,173,805 543,716 14 473,250 10,397,958 6,019,596 12,775 160,715 8,462,268 2,115,893 401,007 3,912,265 269,488 3,315,777 1,235,870 7,762,461 3,525,386 380,684 9,961,329 4,816,952 2,565,534 738,716 13 471,000 10,208,683 5,478,799 10,575 160,715 10,129,758 1,718,125 363,888 4,019,415 270,263 1,417,815 1,112,251 7,562,641 3,603,186 327,238 10,065,420 5,338,008 2,173,805 543,716 14 473,250 10,397,958 6,019,596 12,775 160,715 - 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 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 1,660,221 802,825 427,589 123,119 78,500 1,701,447 913,133 1,763 26,786 10,951,636 10,965,566 Total Debt Service 132,069,680 65,709,833 66,144,188 65,709,833 - 9,636,442 58,568,250 Capital Improvement 130,422,829 243,796,410 - 18,301,395 - 7,305,892 $ 326,201,436 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 1,074,237,010 243,796,410 - American Rescue Plan Act 366,315,000 18,301,395 - Vacancy Savings (11,000,000) - Contingencies 369,756,357 - 203,664,420 - 5,626,521,387 2,363,671,082 -32- 2,063,370,521 2,183,499,417 180,171,666 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 $ 34,449,804 25,758,444 8,000,000 37,132,633 57,512,971 600,000 19,331,192 7,706,283 13,906,226 84,033,892 3,648,000 24,412,000 409,110,166 6,001,000 334,072,971 $ 148,610 3,325,965 3,726,786 1,835,125 4,154,612 4,193,923 29,837 363,298 5,363,614 175,142 11,314,206 175,373,462 378,356 81,747,546 $ 25,838,453 4,184,375 0 3,567,277 3,306,537 3,146,499 33,543 76,908 8,563,352 1,839,459 227,293,920 962,674 67,067,289 1,066,578,066 $ 292,130,482 $ 345,880,285 $ $ 430,168,664 40,136,585 41,067,207 248,271,560 405,580,933 1,165,224,949 $ $ 45,482,555 67,126,698 2,293,866 122,839,147 86,371,796 324,114,062 $ 2,231,803,015 $ 616,244,544 - $ 34,449,804 16,561,021 11,262,645 45,563,845 9,680,493 3,040,000 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 $ (144,915) 1,698,863 3,726,786 1,310,896 685,787 2,964,704 43,864 11,314,206 67,922,137 378,356 47,611,829 902,484 34,301,194 22,432,479 4,273,214 35,297,508 53,358,359 600,000 15,137,269 7,676,446 13,542,928 78,670,278 3,472,858 13,097,794 233,736,704 5,622,644 252,325,425 714,072,230 $ 154,617,968 352,505,836 $ 137,512,514 774,447,584 $ $ $ 541,441,959 $ 1,074,237,010 - 33 - Unencumbered Budget $ 293,525 1,627,102 524,229 3,468,825 1,229,218 29,837 363,298 5,319,751 175,142 107,451,325 34,135,717 97,623,534 16,452,413 1,365,422 33,535,520 46,584,786 195,561,674 $ 2021-2022 Year-to-Date Capital Amounts From Capital Funds Budget Actual 127,554,037 15,638,135 19,342,260 69,075,302 128,555,046 360,164,780 $ $ 5,996,591 7,825,985 1,611,274 33,963,464 39,781,128 89,178,442 $ $ 243,796,410 $ $ $ 302,614,627 24,498,450 21,724,947 179,196,258 277,025,887 805,060,169 $ 1,157,566,005 $ $ $ 39,485,964 59,300,713 682,592 88,875,683 46,590,668 234,935,620 $ 384,686,109 (26,990,113) 38,773,341 125,432,413 319,209,137 841,110,887 $ 372,448,135 $ 1,615,558,471 Bonds Authorized and Sold As of DECEMBER 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 Dec Nov 31,868 33,971 40,325 52,188 60,971 43,668 Jan Dec 33,857 53,513 51,643 39,837 53,633 49,321 YTD thru December 203,004 234,790 249,245 272,947 312,707 264,734 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 - Feb 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 Nov 13,678 15,747 16,443 13,095 15,097 16,811 Jan Feb YTD thru Dec December 13,707 79,942 14,902 86,632 12,120 89,328 19,640 101,290 23,860 118,164 17,212 101,838 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 - Mar Apr May June 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 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 Nov 4,904 4,886 5,408 4,608 4,862 5,454 Dec 5,741 5,800 5,891 6,529 6,537 6,598 YTD thru December 35,305 37,731 39,062 42,462 40,513 42,561 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 2017-18 Actuals 450,000 2018-19 Actuals 400,000 2019-20 Actuals 350,000 2020-21 Actuals 300,000 2021-22 Actuals 250,000 21-22 Budget 200,000 150,000 100,000 50,000 - FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget July Aug Sept 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 176,701 152,605 194,506 260,275 185,901 255,683 Oct Nov Dec Jan Oct 189,075 198,474 175,883 215,731 231,638 255,315 Nov 226,848 247,632 269,127 298,362 324,875 337,794 Dec 192,262 221,971 226,582 236,818 253,979 288,968 YTD thru December 1,068,914 1,119,825 1,153,972 1,296,995 1,345,136 1,503,434 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 - Feb Jan 187,522 170,844 209,806 216,626 257,819 Mar Apr Feb 176,559 173,462 187,061 178,738 237,296 May June Mar 167,449 187,169 217,521 272,444 276,766 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 Oct 29,291 31,719 32,056 21,045 31,904 30,679 Nov 21,702 32,312 33,532 23,880 36,031 29,957 YTD thru Dec December 38,212 180,721 30,496 189,828 36,787 198,124 31,636 131,807 35,025 201,942 36,868 188,325 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 - Mar Apr Jan 32,543 31,205 34,297 18,059 31,215 Feb 30,671 32,944 34,215 61,877 42,937 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 Nov 38,890 31,619 38,339 42,280 41,784 41,326 Dec 27,184 25,048 26,405 33,139 37,523 30,565 YTD thru December 249,541 233,010 256,619 286,536 266,380 280,479 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 Oct 20,195 23,028 20,975 22,234 18,312 22,243 Nov 20,386 19,734 21,142 18,577 21,720 20,547 Jan Feb YTD thru Dec December 20,097 122,061 20,469 122,742 20,888 127,345 24,461 131,112 24,380 135,341 22,110 129,515 Mar Apr May June 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