January 2022 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division January 31, 2022 To the Mayor and City Council: This is the City's Financial Report for January, the seventh 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 28, 2022 CITY AUDITOR REPORT To the Chief Financial Officer, We have assessed the Finance Department’s (Finance) January 2022 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 January 2022 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 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 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. January 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 700,453 1,177,280 59.5% 723,600 1,214,362 59.6% 803,429 1,282,831 62.6% 807,026 1,371,152 58.9% 845,002 1,494,452 56.5% * - 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 January YTD January 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 January are 4.7% 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 68,772 110,408 62.3% 71,351 114,393 62.4% 82,137 123,100 66.7% 88,112 154,211 57.1% 94,798 169,980 55.8% * - 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 January YTD Expenditures January 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 January are 7.6% 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 January 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 19,055 32,232 59.1% 19,966 33,387 59.8% 20,914 35,033 59.7% 20,820 36,162 57.6% 21,919 39,858 55.0% * - 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 January 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 January are 5.3% 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 481,583 817,960 58.9% 497,136 841,467 59.1% 540,890 893,403 60.5% 548,165 925,920 59.2% 574,249 999,730 57.4% $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 January 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 January, general fund public safety expenditures are 4.8% 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 January 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 11,628 16,366 71.0% 12,296 18,337 67.1% 13,050 19,748 66.1% 14,984 22,144 67.7% 11,692 23,476 49.8% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected CommunityTransportation Development $1 $30,000 $1 Series1 $1 $20,000 January 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 January, General fund transportation expenditures are 22.0% lower than the same period in the prior fiscal year. Community Development Community Development January YTD Annual % of Annual Expenditures Expenditures * Expenditures 12,620 20,243 62.3% 12,563 21,238 59.2% 13,989 22,542 62.1% 24,442 24,114 101.4% 15,237 30,755 49.5% $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 January 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 January are 37.7% lower 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 January 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 91,511 156,325 58.5% 94,512 156,552 60.4% 109,833 155,417 70.7% 91,616 158,589 57.8% 103,499 181,164 57.1% * - For prior years-total actual expenditures, for current year-total approved budget Community Enrichment $200,000 January 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 January, general fund community enrichment expenditures are 13.0% 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 9,260 12,624 73.4% 11,409 16,886 67.6% 15,469 19,180 80.7% 14,724 20,905 70.4% 18,122 24,482 74.0% * - 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 January 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 January, general fund environmental services expenditures are 23.1% 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. January 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 2,091,365 3,547,078 59.0% 2,368,890 3,775,464 62.7% 2,374,095 3,814,963 62.2% 2,368,844 4,163,122 56.9% 2,657,698 5,433,859 48.9% * - 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 January 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 January are 12.2% 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 80,272 134,117 59.9% 83,797 138,349 60.6% 94,503 157,200 60.1% 124,691 207,451 60.1% 103,630 205,869 50.3% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected General Government $250,000 January 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 January are 16.9% 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 January 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 22,612 38,411 58.9% 25,368 42,530 59.6% 26,282 44,425 59.2% 25,607 44,147 58.0% 26,025 48,200 54.0% * - For prior years-total actual expenditures, for current year-total approved budget Criminal Justice $60,000 January 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 1.6% higher through January 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 570,067 970,771 58.7% 609,051 1,025,513 59.4% 666,703 1,110,457 60.0% 667,778 1,122,901 59.5% 715,062 1,250,252 57.2% * - 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 January 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 January are 7.1% 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 January 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 482,028 709,977 67.9% 509,830 722,667 70.5% 561,011 774,492 72.4% 477,057 786,597 60.6% 586,820 852,157 68.9% * - 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 January 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 23.0% higher through January 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 119,583 203,096 58.9% 114,290 195,716 58.4% 124,284 229,793 54.1% 160,361 245,310 65.4% 127,962 295,437 43.3% * - 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 January 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 January are 20.2% 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 January 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 184,263 306,763 60.1% 191,638 317,465 60.4% 213,865 316,680 67.5% 221,173 390,805 56.6% 262,109 403,432 65.0% * - 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 January 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 January are 18.5% 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 376,075 696,244 54.0% 408,296 670,219 60.9% 407,400 692,524 58.8% 433,301 734,733 59.0% 464,074 805,832 57.6% * - 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 January 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 7.1% higher through January 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 January 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 January YTD Annual % of Annual Expenditures Expenditures * Expenditures 62,248 106,315 58.6% 68,036 116,634 58.3% 76,260 130,839 58.3% 77,110 131,938 58.4% 76,661 132,070 58.0% * - For prior years-total actual expenditures, for current year-total approved budget net of credit for early redemption fund resources $180,000 January 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 January are 0.6% 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) $ $ 303,737 1,079,636 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 Light Rail ($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 59,835 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 concourse 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) 54,475 $ 70,032 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) $ 2,702 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 $127,158 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 $ 95,489 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 January 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 January YTD Revenues 665,341 696,529 741,812 863,490 885,713 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 57.2% 57.1% 56.7% 57.9% 65.3% * - 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 January are 2.6% higher 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 95,435 101,652 107,555 119,289 115,069 180,000 150,000 Secondary 69,984 120,000 90,000 154,560 60,000 162,129 170,209 191,294 182,043 Primary 109,423 30,000 17-18 FY 17-18 18-19 19-20 20-21 21-22 YTD 21-22 Budget Total 249,995 263,781 277,764 297,112 179,407 310,582 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 18,086 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 95,435 162,129 101,652 170,209 107,555 182,043 115,069 109,423 69,984 191,294 119,289 Local Sales Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Local Sales Tax Budget vs Actual 80,000 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 January are 21.6% higher than the same period in the prior year. Actual local sales tax revenues through January are 24.2% 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 January state shared sales tax revenues are 17.6% 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 January 2022 are 3.6% 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 500,000 450,000 400,000 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 January 2022 are 8.4% 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 80,000 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 January 2022 are 18.1% 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 January 2022 are 4.2% 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 January 2022 are 4.4% 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 JANUARY 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 $ 382,904 $ 2,498 314,998 2,204 197,945 219,316 79,100 191,294 2,771 9,600 140,528 124,924 47,798 109,423 1,596 2,150 120,323 140,138 49,790 101,953 1,497 2,096 8,956 1,451 13,108 483 4,093 1,497 6,463 4,573 454 8,386 337 2,933 1,067 5,743 4,813 591 53,143 69 2,000 813 3,600 33,500 1,500 16,599 5,550 12,355 26,353 512 12,049 1,756 9,727 16,919 512 36,766 3,132 8,132 1,355,776 - 22 - $ 885,712 $ 863,491 General Fund Expenditures As of JANUARY 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 $ 1,314 $ 2,588 4,105 32,899 1,847 1,664 14,632 1,883 3,034 12,949 2,728 12,700 2,455 94,798 1,035 2,229 3,982 30,375 1,535 1,299 13,455 1,611 2,926 6,672 2,526 18,026 2,441 88,112 Criminal Justice Municipal Court Public Defender Total Criminal Justice 34,224 5,634 39,858 18,842 3,077 21,919 18,018 2,802 20,820 Public Safety Police Fire Others Total Public Safety 611,239 388,358 133 999,730 351,660 222,783 (194) 574,249 341,894 205,940 332 548,166 Transportation Street Transportation Public Transit Total Transportation 21,638 1,838 23,476 10,050 1,642 11,692 10,765 4,219 14,984 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 8,295 15,515 5,173 1,772 30,755 4,006 8,599 2,471 161 15,237 3,489 7,878 2,533 10,542 24,442 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 108,229 43,865 22,051 7,019 181,164 59,268 26,306 13,029 4,896 103,499 52,481 24,385 10,431 4,319 91,616 Environmental Services Public Works Environmental Programs Others Total Environmental Services 22,728 1,280 474 24,482 17,147 526 449 18,122 13,938 370 416 14,724 Capital Improvement 25,007 5,486 4,162 Vacancy Savings (11,000) - - Contingencies 124,164 - - 845,002 $ 807,026 Total Expenditures and Encumbrances $ 1,607,616 - 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 JANUARY 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 2,800 382,904 $ 2,498 314,998 2,204 197,945 219,316 79,100 191,294 2,771 9,600 10,407 13,108 483 4,093 1,497 6,463 51,599 5,550 12,355 140,528 124,924 47,798 109,423 1,596 2,150 5,027 8,386 337 2,933 1,067 5,743 38,914 1,756 9,727 120,323 140,138 49,790 101,953 1,497 2,096 5,406 53,143 69 2,000 813 3,600 54,197 3,132 8,132 1,355,776 885,712 863,492 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 27,170 70,119 27,552 4,920 197,145 2,398 57,479 3,850 13,242 89,574 2,736 2,989 5,718 151,953 69,984 24,977 65,727 22,565 4,399 154,285 146 48,920 4,204 6,603 83,858 10,252 2,652 13,858 140,920 66,765 1,993,617 726,830 650,131 412,546 75,996 487,697 254,696 189,870 259,333 49,285 295,282 157,559 116,253 149,866 28,592 315,115 149,542 103,556 1,420,805 877,711 746,671 4,770,198 - 24 - $ $ 2,490,253 $ 2,260,293 Citywide Operating Expenditures As of JANUARY 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 94,798 $ 8,832 103,630 88,112 36,579 124,691 39,858 8,342 48,200 21,919 4,106 26,025 20,820 4,787 25,607 Public Safety General Funds Other Funds Total Public Safety 999,730 250,522 1,250,252 574,249 140,813 715,062 548,166 119,612 667,778 Transportation General Funds Other Funds Total Transportation 23,476 828,681 852,157 11,692 575,128 586,820 14,984 462,073 477,057 Community Development General Funds Other Funds Total Community Development 30,755 264,682 295,437 15,237 112,725 127,962 24,442 135,919 160,361 Community Enrichment General Funds Other Funds Total Community Enrichment 181,164 222,268 403,432 103,499 158,610 262,109 91,616 129,557 221,173 Environmental Services General Funds Other Funds Total Environmental Services 24,482 781,350 805,832 18,122 445,952 464,074 14,724 418,577 433,301 Debt Service General Funds Other Funds Total Debt Service 132,070 132,070 76,661 76,661 77,110 77,110 25,007 1,076,626 1,101,633 5,486 264,299 269,785 4,162 177,604 181,766 American Rescue Plan Act General Funds Other Funds Total American Rescue Plan Act 338,977 338,977 25,570 25,570 - 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 - - 1,607,618 4,018,905 5,626,523 845,002 1,812,696 2,657,698 $ $ 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 $ 169,982 35,887 205,869 $ $ - 25 - 807,026 1,561,818 2,368,844 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 JANUARY 31 2022 2021 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 General Funds $ 70,196,712 581,579 70,778,291 $ 42,050,583 612,941 Local Taxes: Sales Taxes Privilege License Fees $ 547,396,684 2,800,000 $ 382,903,963 2,498,389 $ 314,997,662 2,204,305 42,663,524 Total Local Taxes 550,196,684 385,402,352 317,201,967 22,363,978 17,673,908 7,284,564 19,033,372 20,019,770 7,328,304 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 197,945,000 219,316,000 79,100,000 140,527,664 124,924,397 47,797,731 120,323,470 140,138,389 49,790,023 47,322,450 46,381,446 496,361,000 313,249,792 310,251,882 11,270,280 9,660,985 Primary Property Tax 191,294,000 109,423,391 101,952,806 121,036 140,729 Licenses and Permits 2,771,000 1,595,969 1,497,487 0 0 Cable Communications 9,600,000 2,149,885 2,096,380 731,101 89,042 Municipal Court: Fines and Forfeitures Court Default Fee 8,956,050 1,451,000 4,572,771 454,148 4,813,676 590,850 585,809 48,987 634,796 820,143 1,296,133 2,350,851 Total State Shared Taxes Total Municipal Court Police Library Fees 10,407,050 5,026,919 5,404,526 13,107,604 8,385,745 53,143,172 6,168 6,216 482,634 337,080 68,633 380,415 231,216 Parks and Recreation 4,092,621 2,933,277 2,000,178 145,135 129,244 Planning and Development 1,496,700 1,066,838 813,014 450,743 530,949 Street Transportation 6,462,738 5,743,321 3,599,703 3,324,064 100,375 3,869,899 2,776,246 100,600 2,843,501 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other 33,500,000 1,500,000 16,598,713 26,352,935 512,150 12,049,282 16,918,779 511,800 36,766,289 7,294,338 5,720,347 51,598,713 38,914,367 54,196,868 282,305 414,225 Interest 5,550,000 1,756,298 3,132,153 571,491 657,642 Other Fees and Service Charges 140,553,581 109,707,517 Total Fire Total General Funds 26 12,354,781 9,727,204 8,131,791 1,355,775,525 885,712,438 863,490,560 Citywide Operating Revenue by Source (continued) For the Month Ended JANUARY 31 2022 2021 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Special Revenue and Debt Service Funds $ 3,722,581 265,899 1,329,494 8,636 $ 5,326,610 10,458,173 3,321,993 9,883 2,187,097 156,222 781,107 15,368 Neighborhood Protection: Police Neighborhood Protection Police Blockwatch Fire Neighborhood Protection Interest/Other 3,139,794 Total Neighborhood Protection $ $ $ 6,029,967 1,881,603 17,231 5,363,144 $ 3,235,171 696,532 0 304,541 1,265 44,563 $ $ $ $ $ 597,096 0 256,470 1,162 42,941 13,790,049 7,928,801 1,046,901 36,198,956 2,795,687 $ $ 38,994,643 $ Public Safety Enhancement & Expansion Police Fire Interest/Other Total Public Safety Enhancement & Expansion 28,150,485 2,010,822 10,053,100 405,446 $ 18,844,259 1,346,019 6,730,093 249,498 $ 15,141,010 1,081,501 5,407,504 3,346,930 40,619,853 27,169,869 24,976,945 79,660,712 25,473,909 320,352 53,114,318 16,922,754 81,880 42,086,222 13,235,418 10,405,391 105,454,973 70,118,952 65,727,031 Parks and Preserves 42,099,308 27,551,822 22,564,978 Golf Courses: Fees Coffee Shops Concessions Interest Other 4,296,600 0 2,180,725 10,000 306,300 3,044,079 0 1,583,521 7,926 284,531 2,653,830 0 1,476,895 8,614 259,668 897,669 Total Golf Courses 6,793,625 4,920,057 4,399,007 21,308,089 1,085,900 Transit 2000 & 2050: Sales Taxes Interest/Other 274,395,647 27,973,297 183,705,433 13,439,863 147,749,631 6,534,941 302,368,944 197,145,296 154,284,572 Court Awards 5,295,826 2,398,456 146,251 Planning and Development 71,428,000 57,478,730 48,920,261 22,393,989 Total Transit 2000 & 2050 0 $ 0 6,133,292 $ 5,395,820 679,073 $ 418,720 Capital Construction 7,591,654 3,849,788 4,204,034 621,745 62,297 Sports Facilities: Sales Taxes Interest/Other 15,577,677 4,239,952 12,318,016 924,229 5,413,198 1,189,576 19,817,629 13,242,245 6,602,774 2,172,543 21,171 2,193,714 $ $ 684,042 Total Sports Facilities 27 Citywide Operating Revenue by Source (continued) For the Month Ended JANUARY 31 2022 2021 Source Budget Estimate 2021-2022 Actual Year-to-Date 2021-2022 2020-2021 148,960,000 750,000 5,000 89,018,942 278,514 276,300 83,387,286 462,546 8,043 149,715,000 89,573,756 83,857,875 Special Revenue and Debt Service Funds (Cont'd) $ 14,094,440 44,797 50,000 12,741,476 56,855 2,279 14,189,237 12,800,610 - $ - Highway User Revenue: Highway User Revenue Interest Other Total Highway User Revenue Local Transportation Assistance 0 0 0 553,916 4,194,209 Regional Transit Revenues 38,945,335 2,735,958 10,251,692 1,384,604 47,644 Community Reinvestment 5,862,535 2,989,216 2,651,731 (2,874) 3,346,691 Other Restricted Fees 36,384,438 5,718,103 13,858,240 395,863 7,632,812 853,913 452,367 7,986,402 274,608 Grants: Public Housing: Rentals Grants Other 7,677,450 96,223,329 25,464,757 3,185,523 58,588,048 10,361,933 3,940,863 59,003,172 4,389,586 8,882,588 8,713,377 129,365,536 72,135,504 67,333,621 86,581,471 240,755,810 70,581,150 510,270,201 23,790,382 32,848,202 (938,652) 24,117,810 31,170,125 36,996,099 (643,727) 6,063,912 4,543,899 11,972,175 22,144 4,963,616 5,173,945 18,473,458 9,341 4,117,510 $ Total Public Housing Other: Human Resources Federal Transit Administration Community Development Other 21,501,834 27,774,254 Total Other 908,188,632 79,817,742 73,586,409 30,384,422 36,487,631 Total Grants 1,037,554,168 151,953,246 140,920,030 6,815,654 0 5,947,044 0 119,288,943 4,396,670 68,220,873 1,762,744 64,446,617 2,318,516 6,815,654 5,947,044 123,685,613 69,983,617 66,765,133 126,852,385 106,917,835 1,993,616,901 726,829,111 650,130,554 119,690,864 271,910,885 5,711,000 8,827,798 2,883,830 3,521,570 0 57,591,057 170,509,347 833,573 26,205,658 1,736,263 2,045,091 412,040 47,615,812 89,090,958 1,508,399 7,349,911 1,781,868 1,698,691 819,921 412,545,947 259,333,029 149,865,560 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: 8,673,896 22,484,194 84,460 25,561,139 244,345 282,686 59,912 7,568,317 9,516,753 178,469 187,506 248,489 261,015 98,102 57,390,632 18,058,651 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 JANUARY 31 2022 2021 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 8,049,458 2,298,805 19,289 2,976,674 (38,838) 34,068 10,367,552 2,971,904 26,169,750 240,624 497,669 463,865 553,599 112,846 863,632 27,063,883 180,857 500,258 63,703 359,520 186,266 224,652 28,901,985 28,579,139 Excise Taxes Operating Revenue Interest Total Convention Center 57,195,956 18,000,000 800,000 39,883,812 9,271,731 128,992 26,349,640 1,940,084 302,616 75,995,956 49,284,535 28,592,340 457,546,975 5,000,000 5,610,000 8,792,000 4,900,000 8,317,000 (2,469,270) 277,673,402 1,615,928 9,121,496 4,536,310 3,751,560 768,932 (2,185,396) 302,122,483 1,473,999 4,774,727 4,662,391 3,179,159 1,408,601 (2,506,596) 487,696,705 295,282,232 315,114,764 WATER SYSTEM: $ Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System WASTEWATER: 17,422,547 2,019,711 520,350 138,839 2,115,916 17,337,643 (130,062) 363,810 240,451 617,689 Sewer Service Charges Multi-City Development Fees Interest Other 210,134,198 15,721,355 4,700,000 3,611,000 20,529,855 123,024,796 12,983,300 3,597,510 1,017,377 16,935,673 121,428,770 11,021,450 3,042,900 1,796,266 12,252,370 22,217,363 18,429,531 Total Wastewater 254,696,408 157,558,656 149,541,756 171,158,281 12,496,485 500,800 5,714,310 100,194,715 7,882,763 125,158 8,050,355 90,866,000 6,752,035 191,696 5,746,605 189,869,876 116,252,991 103,556,336 1,420,804,892 877,711,443 746,670,756 $ 4,770,197,318 $ 2,490,252,992 SOLID WASTE: $ 14,613,871 789,946 19,912 1,954,318 14,180,991 893,360 23,505 160,854 17,378,047 15,258,710 136,255,579 83,297,935 403,661,545 $ 299,923,287 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds Total Operating Revenues 29 $ 2,260,291,870 Citywide Operating Expenditures by Program For the Month Ended JANUARY 31 2022 2021 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 $ 155,301 321,122 417,857 1,976,565 67,256 212,323 223,764 1,977,597 295,579 278,201 1,311,138 273,184 11,305 305,507 1,807,961 198,256 9,832,916 $ 136,011 315,129 1,535,484 (166,077) 130,554 205,483 238,340 1,683,720 290,642 294,464 421,428 168,157 15,495 300,430 4,314,918 2,078,174 11,962,354 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 $ 1,314,340 2,588,424 4,275,392 34,436,468 853,261 1,853,000 1,919,322 15,635,721 1,883,409 3,033,630 13,420,207 1,559,271 84,718 2,728,450 16,305,067 1,739,547 $ 1,048,830 2,229,065 6,220,909 48,451,382 1,066,114 1,549,224 1,555,676 14,461,313 1,611,090 2,926,286 8,250,133 1,441,524 77,135 2,525,357 30,264,397 1,012,752 $ 1,314,340 2,588,424 4,275,392 33,361,689 853,261 1,853,000 1,919,322 15,635,721 1,883,409 3,033,630 13,208,564 1,559,271 84,718 2,728,450 13,761,270 1,739,547 1,074,779 211,643 2,543,797 - 205,868,751 103,630,226 124,691,188 99,800,008 3,830,219 42,565,455 5,634,405 22,947,870 3,077,318 22,804,947 2,801,991 19,986,657 3,077,318 2,961,213 - 48,199,860 26,025,188 25,606,938 23,063,976 2,961,213 787,047,218 462,514,635 689,995 443,177,513 271,805,055 79,759 422,068,495 245,012,293 697,184 442,979,605 271,657,259 79,759 197,907 147,796 - 1,250,251,848 715,062,326 667,777,972 714,716,623 345,703 Criminal Justice 2,848,067 428,426 3,065,549 384,198 3,276,493 3,449,747 Municipal Court Public Defender Total Criminal Justice Public Safety 54,652,467 34,835,083 (403,453) 55,162,118 31,013,699 69,734 89,084,097 86,245,550 Police Fire Other Total Public Safety -30- Citywide Operating Expenditures by Program (continued) For the Month Ended JANUARY 31 2022 2021 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 $ 6,476,410 599,745 32,840,979 5,007,104 44,924,239 $ 5,953,666 457,563 30,606,375 3,383,450 Street Transportation Street Lighting Aviation Public Transit 40,401,053 Total Transportation $ 109,015,415 8,608,167 439,526,868 295,006,507 $ 63,309,248 5,904,746 281,196,130 236,410,320 $ 61,826,927 5,387,962 190,844,403 218,997,635 $ 62,127,545 5,904,746 225,375,428 236,410,320 1,181,703 55,820,702 - 852,156,957 586,820,444 477,056,926 529,818,039 57,002,405 Community Development 5,500,616 8,978,610 812,006 2,594,800 5,281,630 16,113,184 701,855 1,813,897 Planning and Development Housing Economic Development Neighborhood Services Department 81,254,299 113,580,586 19,204,299 81,397,917 42,706,336 59,689,045 8,210,544 17,355,909 37,780,449 71,211,819 17,937,588 33,431,376 42,706,336 59,645,829 5,928,733 17,355,909 43,216 2,281,811 - 17,886,032 23,910,565 Total Community Development 295,437,101 127,961,834 160,361,232 125,636,807 2,325,028 124,466,232 44,860,208 64,404,482 12,708,486 147,637,246 4,582,155 4,772,747 68,438,965 26,706,083 43,513,739 7,412,953 109,121,593 4,191,106 2,724,613 63,426,253 25,408,276 44,715,331 6,663,110 71,982,390 3,817,887 5,159,726 68,425,256 26,706,083 31,400,731 109,119,079 4,191,106 2,724,613 13,709 12,113,008 7,412,953 2,514 - 403,431,556 262,109,053 221,172,973 242,566,868 19,542,185 Community Enrichment 8,270,686 2,478,164 4,309,742 1,058,890 12,553,048 107,349 271,349 6,639,463 2,420,829 4,138,300 1,100,895 8,427,793 52,701 525,820 29,049,230 23,305,800 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 JANUARY 31 2022 2021 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 $ 22,973,348 15,605,198 14,858,829 2,125,969 132,864 70,844 55,767,054 $ 26,469,480 13,459,279 10,908,871 3,369,902 (385,343) 67,584 53,889,772 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 29,624,896 1,996,649 910,264 $ 221,535,606 109,749,836 110,159,609 20,881,063 1,155,734 592,584 $ 217,208,394 105,336,319 86,907,179 20,679,146 2,663,418 506,660 $ 144,582,767 68,744,989 101,829,035 17,158,538 1,155,734 592,584 76,952,838 41,004,847 8,330,574 3,722,525 130,010,784 805,831,504 464,074,432 433,301,116 334,063,647 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 11,818,052 2,004,479 424,535 4,689,317 315,306 1,654,118 1,297,626 8,823,081 4,203,717 381,777 11,742,990 6,227,676 2,536,106 634,335 14 552,125 12,130,951 7,022,861 14,904 187,500 9,872,646 2,468,542 467,841 4,564,309 314,402 3,868,407 1,441,848 9,056,205 4,112,950 444,132 11,621,551 5,619,778 2,993,123 861,835 13 549,500 11,910,130 6,391,932 12,338 187,500 11,818,052 2,004,479 424,535 4,689,317 315,306 1,654,118 1,297,626 8,823,081 4,203,717 381,777 11,742,990 6,227,676 2,536,106 634,335 14 552,125 12,130,951 7,022,861 14,904 187,500 - 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 1,660,222 802,825 427,589 123,119 78,500 1,701,447 913,133 1,763 26,786 10,951,637 10,965,567 Total Debt Service 132,069,680 76,661,470 77,109,755 76,661,470 - 25,988,676 51,342,750 Capital Improvement 181,765,579 269,785,086 - 25,569,699 - 7,268,304 $ 286,760,372 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 1,101,632,998 269,785,086 - American Rescue Plan Act 338,976,712 25,569,699 - Vacancy Savings (11,000,000) - Contingencies 305,473,158 - 203,664,420 - 5,626,521,387 2,657,699,759 -32- 2,368,843,679 2,441,682,222 216,017,537 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 38,816,144 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 $ 320,744 6,901,549 3,726,786 2,244,635 4,313,675 4,326,949 33,859 813,062 6,639,560 176,461 11,314,206 177,937,388 378,445 84,609,384 $ 25,847,687 4,673,104 (0) 3,802,276 3,358,374 3,221,134 41,488 88,742 9,317,786 1,839,459 434,407,954 962,674 69,212,757 1,079,635,766 $ 303,736,705 $ 556,773,435 $ $ 430,168,664 54,474,873 41,067,207 248,271,560 405,580,933 1,179,563,237 $ $ 59,834,767 70,032,376 2,701,748 127,158,256 95,489,185 355,216,332 $ 2,259,199,003 $ 658,953,037 - $ 34,449,804 29,618,721 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 $ 1,716,011 3,726,786 1,601,952 714,900 2,994,667 252,131 11,314,206 67,923,154 378,445 48,647,785 902,484 34,129,060 31,914,595 4,273,214 34,887,998 53,199,296 600,000 15,004,243 7,672,424 13,093,164 77,394,332 3,471,539 13,097,794 231,172,778 5,622,555 249,463,587 727,129,930 $ 164,466,667 352,505,836 $ 139,270,038 775,899,061 $ $ $ 857,678,706 $ 1,101,632,998 - 33 - Unencumbered Budget $ 320,744 5,185,538 642,683 3,598,775 1,332,283 33,859 813,062 6,387,429 176,461 110,014,234 35,961,599 145,864,045 18,497,500 1,444,596 62,274,049 72,825,081 300,905,271 $ 2021-2022 Year-to-Date Capital Amounts From Capital Funds Budget Actual 127,554,037 29,976,423 19,342,260 69,075,302 128,555,046 374,503,068 $ $ 12,549,443 8,685,973 2,016,046 35,267,849 46,799,108 $ 105,318,419 $ $ $ 302,614,627 24,498,450 21,724,947 179,196,258 277,025,887 805,060,169 $ 269,785,086 $ 1,157,566,005 $ $ $ 47,285,324 61,346,403 685,702 91,890,407 48,690,077 249,897,913 $ 370,333,897 (15,557,503) 38,365,459 121,113,304 310,091,748 824,346,905 $ 389,167,951 $ 1,600,245,966 Bonds Authorized and Sold As of JANUARY 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 80,000 17-18 Actuals 70,000 18-19 Actuals 60,000 19-20 Actuals 50,000 20-21 Actuals 21-22 Actuals 40,000 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 Feb Jan 41,041 35,343 39,512 42,051 70,197 43,557 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 - YTD thru January 244,045 270,133 288,757 314,998 382,904 308,291 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 Nov 13,678 15,747 16,443 13,095 15,097 16,811 Dec 13,707 14,902 12,120 19,640 23,860 17,212 Jan 13,334 12,154 17,440 19,033 22,364 17,666 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 YTD thru January 93,276 98,786 106,768 120,323 140,528 119,504 Apr May June 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 Mar Apr 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 Jan 5,470 6,143 6,514 7,328 7,285 7,010 YTD thru January 40,775 43,874 45,576 49,790 47,798 49,571 Feb 5,714 5,490 6,528 5,568 6,416 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 - 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 Feb 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 Jan 187,522 170,844 209,806 216,626 267,406 257,819 YTD thru January 1,256,436 1,290,669 1,363,778 1,513,621 1,612,542 1,761,253 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 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 Mar Apr 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 Dec 38,212 30,496 36,787 31,636 35,025 36,868 Jan 32,543 31,205 34,297 18,059 57,391 31,215 YTD thru January 213,264 221,033 232,421 149,866 259,333 219,540 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 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 Jan 25,186 22,565 25,330 28,579 28,902 27,799 YTD thru January 274,727 255,575 281,949 315,115 295,282 308,278 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 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 Dec 20,097 20,469 20,888 24,461 24,380 22,110 Jan 20,584 22,113 22,063 18,430 22,218 21,409 Mar YTD thru January 142,645 144,855 149,408 149,542 157,559 150,924 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 - Apr May June 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 May 20,160 20,980 23,948 20,085 21,919 June 18,345 16,544 18,289 17,424 18,170