February 2022 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division February 28, 2022 To the Mayor and City Council: This is the City's Financial Report for February, the eighth 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, April 4, 2022 INDEPENDENT AUDITOR REPORT To the Chief Financial Officer, We have assessed the Finance Department’s (Finance) February 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 March 18, 2022. The agreed-upon procedures include the following: • Mathematically check calculations presented within the MFR, and • Confirm stated financial data presented within the MFR to historical data supplied by Finance. This agreed-upon procedures engagement was conducted in accordance with the attestation standards established by the American Institute of Certified Public Accountants (AICPA). Because the agreed-upon procedures listed above do not constitute an examination or a review, we will not express an opinion on the MFR as a whole. Had we performed additional procedures; other matters may have come to our attention which would have been reported. The sufficiency of the procedures is solely the responsibility of parties specified in the agreed-upon procedures engagement agreement. Based on the agreed-upon procedures, we verified that the presented financial data was mathematically accurate and tied to historical data presented in the MFR. Sincerely, Ross Tate City Auditor City of Phoenix Monthly Financial Report February 2022 Table of Contents Page Performance Status General Fund Total Expenditures 1 Better than Expected General Government 1 Better than Expected Criminal Justice 2 Monitor and Consider Taking Action 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 Monitor and Consider Taking Action Environmental Services 4 Better than Expected Citywide Total Operating Expenditures 5 Better than Expected General Government 5 Better than Expected Criminal Justice 6 Monitor and Consider Taking Action 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. February 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 791,533 1,177,280 67.2% 813,577 1,214,362 67.0% 880,045 1,282,831 68.6% 903,631 1,371,152 65.9% 955,639 1,494,452 63.9% * - 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 February YTD February 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 February are 5.8% 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 79,150 110,408 71.7% 82,868 114,393 72.4% 88,049 123,100 71.5% 98,480 154,211 63.9% 106,133 169,980 62.4% * - 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 February YTD Expenditures February 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 February are 7.8% 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 February 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 21,636 32,232 67.1% 22,539 33,387 67.5% 23,352 35,033 66.7% 23,378 36,162 64.6% 27,299 39,858 68.5% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action Criminal Justice $45,000 $40,000 $35,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $0 February 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 February are 16.8% 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 544,939 817,960 66.6% 560,757 841,467 66.6% 603,669 893,403 67.6% 610,262 925,920 65.9% 645,874 999,730 64.6% $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 February 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 February, general fund public safety expenditures are 5.8% 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 February 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 13,149 16,366 80.3% 12,791 18,337 69.8% 14,596 19,748 73.9% 16,499 22,144 74.5% 15,305 23,476 65.2% * - 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 February 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 February, General fund transportation expenditures are 7.2% lower than the same period in the prior fiscal year. Community Development Community Development February YTD Annual % of Annual Expenditures Expenditures * Expenditures 14,096 20,243 69.6% 14,108 21,238 66.4% 15,543 22,542 69.0% 26,371 24,114 109.4% 17,335 30,755 56.4% $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 February 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 February are 34.3% 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 February 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 102,794 156,325 65.8% 104,285 156,552 66.6% 109,973 155,417 70.8% 101,048 158,589 63.7% 117,080 181,164 64.6% * - For prior years-total actual expenditures, for current year-total approved budget Community Enrichment $200,000 February YTD Expenditures $160,000 $120,000 $80,000 Annual Expenditures * $40,000 $0 17-18 Monitor and Consider Taking Action 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 February, general fund community enrichment expenditures are 15.9% 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 9,234 12,624 73.1% 11,432 16,886 67.7% 16,282 19,180 84.9% 21,041 20,905 100.7% 20,266 24,482 82.8% * - 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 February YTD Expenditures Annual Expenditures * 17-18 Better than Expected 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 February, general fund environmental services expenditures are 3.7% lower 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. February 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 2,350,069 3,547,078 66.3% 2,608,600 3,775,464 69.1% 2,788,997 3,814,963 73.1% 2,649,537 4,163,122 63.6% 3,003,326 5,433,859 55.3% * - 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 February 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 February are 13.4% 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 92,407 134,117 68.9% 97,313 138,349 70.3% 102,365 157,200 65.1% 141,917 207,451 68.4% 116,108 205,869 56.4% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected General Government $250,000 February 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 February are 18.2% 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 February 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 25,645 38,411 66.8% 28,660 42,530 67.4% 29,641 44,425 66.7% 28,792 44,147 65.2% 31,956 48,200 66.3% * - For prior years-total actual expenditures, for current year-total approved budget Criminal Justice $60,000 February YTD Expenditures $50,000 $40,000 $30,000 Annual Expenditures * $20,000 $10,000 $0 17-18 Monitor and Consider Taking Action 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 11.0% higher through February 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 646,129 970,771 66.6% 687,659 1,025,513 67.1% 746,664 1,110,457 67.2% 744,537 1,122,901 66.3% 810,144 1,250,252 64.8% * - 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 February 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 February are 8.8% 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 February 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 522,075 709,977 73.5% 551,359 722,667 76.3% 609,645 774,492 78.7% 532,257 786,597 67.7% 637,989 852,157 74.9% * - 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 February 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 19.9% higher through February 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 135,253 203,096 66.6% 128,818 195,716 65.8% 139,944 229,793 60.9% 177,266 245,310 72.3% 145,390 295,437 49.2% * - 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 February 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 February are 18.0% 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 February 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 205,936 306,763 67.1% 213,163 317,465 67.1% 224,243 316,680 70.8% 242,813 390,805 62.1% 294,528 403,432 73.0% * - 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 February 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 February are 21.3% 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 420,578 696,244 60.4% 451,911 670,219 67.4% 470,854 692,524 68.0% 488,846 734,733 66.5% 522,522 805,832 64.8% * - 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 February 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 6.9% higher through February 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 February 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 February YTD Annual % of Annual Expenditures Expenditures * Expenditures 71,062 106,315 66.8% 77,756 116,634 66.7% 87,176 130,839 66.6% 88,075 131,938 66.8% 87,613 132,070 66.3% * - For prior years-total actual expenditures, for current year-total approved budget net of credit for early redemption fund resources $180,000 February 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 February are 0.5% 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) $ $ 328,779 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 telephone system 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 infrastructure ($39M). Aviation 17-18 18-19 $ 582,921 $ 552,972 19-20 $ 254,523 20-21 $ 172,418 430,169 64,630 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 $ 72,328 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) $ 26,821 Discussion: Solid Waste 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 f ili2019-20 dSolid dWaste $1 5 spent illi $3 million SR 85 in L transfer dfill stations and $1 million at In fiscal year SR-85 and $1 million for Skunk Creek as monitoring and maintenance. 21-22 (YTD) 21-22 (Budget) 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. 20-21 19-20 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) $ 248,072 $136,010 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 $ 405,781 $112,266 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 February 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 February YTD Revenues 754,524 786,330 832,171 950,641 978,311 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 64.9% 64.4% 63.7% 63.7% 72.2% * - 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 February are 2.9% 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 Secondary 72,599 150,000 120,000 90,000 154,560 60,000 162,129 170,209 191,294 182,043 Primary 113,697 30,000 17-18 FY 17-18 18-19 19-20 20-21 21-22 YTD 21-22 Budget Total 249,995 263,781 277,764 297,112 186,296 310,582 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 6,889 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 95,435 162,129 101,652 170,209 107,555 182,043 115,069 113,697 72,599 191,294 119,289 Local Sales Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Local Sales Tax Budget vs Actual 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 February are 22.4% higher than the same period in the prior year. Actual local sales tax revenues through February are 22.5% 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 February state shared sales tax revenues are 12.4% 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 February 2022 are 4.2% 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 February 2022 are 9.3% 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 February 2022 are 11.6% 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 February 2022 are 3.3% lower than budget expectations for the period. Water System Operating Revenues 3 Year Trend 70,000 60,000 50,000 40,000 19-20 Actuals 30,000 20-21 Actuals 20,000 21-22 Actuals 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 water system revenues were 8.4% higher than the prior year. This follows increase of 12.7% and decrease of 7.3% in the two previous years. Click Here for Additional Information - 20 - Wastewater Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Wastewater Operating Revenues Budget vs Actual 30,000 25,000 20,000 21-22 Budget 15,000 21-22 Actuals 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Wastewater revenues through February 2022 are 4.0% 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 FEBRUARY 28 (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 $ 425,439 $ 2,693 347,670 2,401 197,945 219,316 79,100 191,294 2,771 9,600 152,691 142,598 53,626 113,697 1,769 4,411 131,154 160,158 55,358 106,041 1,717 4,556 8,956 1,451 13,108 483 4,093 1,497 6,463 5,189 513 9,587 342 3,322 1,277 6,029 5,486 684 54,922 125 2,367 954 5,427 33,500 1,500 16,599 5,550 12,355 29,941 565 12,320 2,043 10,257 20,592 559 37,434 3,513 9,523 1,355,776 - 22 - $ 978,311 $ 950,641 General Fund Expenditures As of FEBRUARY 28 (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 $ 1,490 $ 2,925 4,568 36,694 2,247 1,881 16,508 2,092 3,390 14,388 3,081 14,120 2,747 106,133 1,164 2,515 4,489 33,463 1,727 1,459 15,795 1,803 3,919 7,798 2,812 18,949 2,586 98,480 Criminal Justice Municipal Court Public Defender Total Criminal Justice 34,224 5,634 39,858 21,705 5,594 27,299 20,197 3,181 23,378 Public Safety Police Fire Others Total Public Safety 611,239 388,358 133 999,730 395,134 250,933 (193) 645,874 379,133 231,222 (93) 610,262 Transportation Street Transportation Public Transit Total Transportation 21,639 1,838 23,476 13,663 1,642 15,305 12,281 4,218 16,499 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 8,295 15,515 5,173 1,772 30,755 4,448 9,827 2,877 183 17,335 4,127 8,850 2,821 10,573 26,371 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 108,229 43,865 22,051 7,019 181,164 67,139 29,487 15,160 5,294 117,080 57,682 26,450 12,343 4,573 101,048 Environmental Services Public Works Environmental Programs Others Total Environmental Services 22,728 1,280 474 24,482 19,236 527 504 20,266 20,153 420 468 21,041 Capital Improvement 25,007 6,347 6,552 Vacancy Savings (11,000) - - Contingencies 124,164 - - 955,639 $ 903,631 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 FEBRUARY 28 (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 2,800 425,439 $ 2,693 347,670 2,401 197,945 219,316 79,100 191,294 2,771 9,600 10,407 13,108 483 4,093 1,497 6,463 51,599 5,550 12,355 152,691 142,598 53,626 113,697 1,769 4,411 5,702 9,587 342 3,322 1,277 6,029 42,826 2,043 10,257 131,154 160,158 55,358 106,041 1,717 4,556 6,170 54,922 125 2,367 954 5,427 58,585 3,513 9,523 1,355,776 978,311 950,641 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 30,695 79,138 31,115 6,000 223,479 2,398 65,987 4,296 15,350 102,232 3,912 3,427 12,321 180,538 72,599 27,455 72,325 25,219 5,430 172,205 146 54,311 4,437 7,354 96,648 11,528 2,720 16,814 175,835 69,290 1,993,617 833,489 741,718 412,546 75,996 487,697 254,696 189,870 292,916 55,896 323,317 179,475 133,148 211,743 31,965 340,303 173,897 120,202 1,420,805 984,752 878,110 4,770,198 - 24 - $ $ 2,796,552 $ 2,570,469 Citywide Operating Expenditures As of FEBRUARY 28 (dollars in thousands) Source General Government General Funds Other Funds Total General Government Actual Year-to-Date 2021-2022 2020-2021 Budget 2021-2022 106,133 $ 9,975 116,108 98,480 43,437 141,917 39,858 8,342 48,200 27,299 4,657 31,956 23,378 5,414 28,792 Public Safety General Funds Other Funds Total Public Safety 999,730 250,522 1,250,252 645,874 164,270 810,144 610,262 134,275 744,537 Transportation General Funds Other Funds Total Transportation 23,476 828,681 852,157 15,305 622,684 637,989 16,499 515,758 532,257 Community Development General Funds Other Funds Total Community Development 30,755 264,682 295,437 17,335 128,055 145,390 26,371 150,895 177,266 Community Enrichment General Funds Other Funds Total Community Enrichment 181,164 222,268 403,432 117,080 177,448 294,528 101,048 141,765 242,813 Environmental Services General Funds Other Funds Total Environmental Services 24,482 781,350 805,832 20,266 502,256 522,522 21,041 467,805 488,846 Debt Service General Funds Other Funds Total Debt Service 132,070 132,070 87,613 87,613 88,075 88,075 25,007 1,076,626 1,101,633 6,347 308,399 314,746 6,552 198,482 205,034 American Rescue Plan Act General Funds Other Funds Total American Rescue Plan Act 338,977 338,977 42,330 42,330 - 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 4,018,907 5,626,523 955,639 2,047,687 3,003,326 $ $ 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 - 903,631 1,745,906 2,649,537 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 FEBRUARY 28 2022 2021 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 General Funds $ 42,535,045 194,904 42,729,949 $ 32,672,086 196,951 Local Taxes: Sales Taxes Privilege License Fees $ 547,396,684 2,800,000 $ 425,439,008 2,693,293 $ 347,669,748 2,401,256 32,869,037 Total Local Taxes 550,196,684 428,132,301 350,071,004 12,163,699 17,673,908 5,828,580 10,830,791 20,019,770 5,568,281 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 197,945,000 219,316,000 79,100,000 152,691,363 142,598,305 53,626,311 131,154,261 160,158,159 55,358,304 35,666,187 36,418,842 496,361,000 348,915,979 346,670,724 4,273,225 4,088,028 Primary Property Tax 191,294,000 113,696,616 106,040,834 173,401 219,284 Licenses and Permits 2,771,000 1,769,370 1,716,771 2,261,448 2,459,404 Cable Communications 9,600,000 4,411,333 4,555,784 671,917 93,621 Municipal Court: Fines and Forfeitures Court Default Fee 8,956,050 1,451,000 5,189,212 512,985 5,485,593 684,471 616,441 58,837 675,278 765,538 1,201,195 1,779,253 Total State Shared Taxes Total Municipal Court Police 10,407,050 5,702,197 6,170,064 13,107,604 9,586,940 54,922,425 4,625 56,415 Library Fees 482,634 341,705 125,048 388,689 366,832 Parks and Recreation 4,092,621 3,321,966 2,367,010 210,097 141,463 Planning and Development 1,496,700 1,276,935 954,477 285,381 1,826,991 Street Transportation 6,462,738 6,028,702 5,426,694 3,588,545 52,475 270,732 3,672,949 47,450 667,506 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other 33,500,000 1,500,000 16,598,713 29,941,480 564,625 12,320,014 20,591,728 559,250 37,433,795 3,911,752 4,387,905 51,598,713 42,826,119 58,584,773 286,988 380,401 5,550,000 2,043,286 3,512,554 530,293 1,391,148 92,598,508 87,150,541 Total Fire Interest Other Fees and Service Charges Total General Funds 26 12,354,781 10,257,497 9,522,939 1,355,775,525 978,310,946 950,641,101 Citywide Operating Revenue by Source (continued) For the Month Ended FEBRUARY 28 2022 2021 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Special Revenue and Debt Service Funds $ 2,461,424 175,815 879,080 8,353 $ 3,524,672 6,852,443 2,158,150 8,305 1,725,835 123,274 616,369 12,667 Neighborhood Protection: Police Neighborhood Protection Police Blockwatch Fire Neighborhood Protection Interest/Other 2,478,145 Total Neighborhood Protection $ $ $ 4,970,646 1,614,956 12,471 3,563,471 $ 2,654,070 713,954 0 322,431 1,450 41,653 $ $ $ $ $ 690,120 0 301,782 1,210 38,293 9,018,898 6,598,073 1,079,488 23,916,964 2,417,230 $ $ 26,334,194 $ Public Safety Enhancement & Expansion Police Fire Interest/Other Total Public Safety Enhancement & Expansion 28,150,485 2,010,822 10,053,100 405,446 $ 21,305,683 1,521,834 7,609,173 257,851 $ 16,866,845 1,204,775 6,023,873 3,359,597 40,619,853 30,694,541 27,455,090 79,660,712 25,473,909 320,352 59,966,761 19,080,904 90,185 47,056,868 14,850,374 10,417,862 105,454,973 79,137,850 72,325,104 Parks and Preserves 42,099,308 31,115,293 25,219,048 Golf Courses: Fees Coffee Shops Concessions Interest Other 4,296,600 0 2,180,725 10,000 306,300 3,758,033 0 1,905,952 9,376 326,184 3,343,950 0 1,778,677 9,824 297,961 1,031,405 Total Golf Courses 6,793,625 5,999,545 5,430,412 16,794,546 1,125,467 Transit 2000 & 2050: Sales Taxes Interest/Other 274,395,647 27,973,297 207,622,397 15,857,093 164,544,177 7,660,408 302,368,944 223,479,490 172,204,585 Court Awards 5,295,826 2,398,456 146,251 Planning and Development 71,428,000 65,987,111 54,311,124 17,920,013 Total Transit 2000 & 2050 0 $ 0 8,508,381 $ 5,390,863 446,452 $ 233,329 Capital Construction 7,591,654 4,296,240 4,437,363 719,452 31,342 Sports Facilities: Sales Taxes Interest/Other 15,577,677 4,239,952 14,405,025 945,413 6,132,650 1,220,918 19,817,629 15,350,438 7,353,568 2,087,009 21,184 2,108,193 $ $ 750,794 Total Sports Facilities 27 Citywide Operating Revenue by Source (continued) For the Month Ended FEBRUARY 28 2022 2021 Source Budget Estimate 2021-2022 Actual Year-to-Date 2021-2022 2020-2021 148,960,000 750,000 5,000 101,609,123 326,079 296,742 96,124,604 515,602 8,043 149,715,000 102,231,944 96,648,249 Special Revenue and Debt Service Funds (Cont'd) $ 12,590,181 47,565 20,442 12,737,318 53,056 0 12,658,188 12,790,374 - $ - Highway User Revenue: Highway User Revenue Interest Other Total Highway User Revenue Local Transportation Assistance 0 0 0 1,176,101 1,276,651 Regional Transit Revenues 38,945,335 3,912,059 11,528,343 437,818 68,247 Community Reinvestment 5,862,535 3,427,034 2,719,978 6,602,827 2,955,538 Other Restricted Fees 36,384,438 12,320,930 16,813,778 248,124 7,916,993 1,172,079 769,390 7,169,114 596,000 Grants: Public Housing: Rentals Grants Other 7,677,450 96,223,329 25,464,757 3,433,647 66,505,041 11,534,012 4,710,253 66,172,286 4,985,586 9,337,196 8,534,504 129,365,536 81,472,700 75,868,125 86,581,471 240,755,810 70,581,150 510,270,201 28,100,326 44,360,497 (921,218) 27,525,971 35,538,799 55,244,114 (584,060) 9,767,928 4,309,944 11,512,295 17,434 3,408,161 4,368,674 18,248,015 59,667 3,704,016 $ Total Public Housing Other: Human Resources Federal Transit Administration Community Development Other 19,247,834 26,380,372 Total Other 908,188,632 99,065,576 99,966,781 28,585,030 34,914,876 Total Grants 1,037,554,168 180,538,276 175,834,906 2,615,610 0 2,524,879 0 119,288,943 4,396,670 70,836,483 1,762,744 66,971,496 2,318,516 2,615,610 2,524,879 123,685,613 72,599,227 69,290,012 106,659,323 91,587,257 1,993,616,901 833,488,434 741,717,811 119,690,864 271,910,885 5,711,000 8,827,798 2,883,830 3,521,570 0 65,729,232 194,997,727 921,978 26,517,644 1,990,988 2,284,920 473,946 55,002,109 101,862,997 1,663,436 48,084,896 2,027,661 2,192,725 908,980 412,545,947 292,916,435 211,742,804 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: 8,138,175 24,488,380 88,405 311,986 254,725 239,829 61,906 7,386,297 12,772,039 155,037 40,734,985 245,793 494,034 89,059 33,583,406 61,877,244 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 FEBRUARY 28 2022 2021 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 5,363,101 1,226,829 21,313 3,190,863 151,985 29,418 6,611,243 3,372,266 24,142,898 237,447 478,373 573,556 423,829 118,183 2,060,555 21,994,957 176,520 639,484 1,271,831 595,620 162,023 347,873 28,034,841 25,188,308 Excise Taxes Operating Revenue Interest Total Convention Center 57,195,956 18,000,000 800,000 45,246,913 10,498,560 150,305 29,540,503 2,092,069 332,034 75,995,956 55,895,778 31,964,606 457,546,975 5,000,000 5,610,000 8,792,000 4,900,000 8,317,000 (2,469,270) 301,816,300 1,853,375 9,599,869 5,109,866 4,175,389 887,115 (124,841) 324,117,440 1,650,519 5,414,211 5,934,222 3,774,779 1,570,624 (2,158,723) 487,696,705 323,317,073 340,303,072 WATER SYSTEM: $ Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System WASTEWATER: 17,433,776 1,856,636 411,540 151,427 2,063,290 17,277,959 3,834,245 564,840 215,871 2,462,305 Sewer Service Charges Multi-City Development Fees Interest Other 210,134,198 15,721,355 4,700,000 3,611,000 20,529,855 140,458,572 14,839,936 4,009,050 1,168,804 18,998,963 138,706,729 14,855,695 3,607,740 2,012,137 14,714,675 21,916,669 24,355,220 Total Wastewater 254,696,408 179,475,325 173,896,976 171,158,281 12,496,485 500,800 5,714,310 114,800,149 9,089,155 146,362 9,112,008 105,064,285 7,591,896 212,268 7,333,872 189,869,876 133,147,674 120,202,321 1,420,804,892 984,752,285 878,109,779 $ 4,770,197,318 $ 2,796,551,665 SOLID WASTE: $ 14,605,434 1,206,392 21,204 1,061,653 14,198,285 839,861 20,572 1,587,267 16,894,683 16,645,985 107,040,842 131,439,023 306,298,673 $ 310,176,821 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds Total Operating Revenues 29 $ 2,570,468,691 Citywide Operating Expenditures by Program For the Month Ended FEBRUARY 28 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 $ 175,868 $ 336,849 480,859 4,007,601 104,233 402,794 266,189 2,069,743 208,866 356,420 1,470,151 223,161 (25,324) 352,623 1,846,057 201,769 129,712 286,219 509,006 3,829,741 60,597 201,713 176,613 2,438,749 191,911 993,203 6,098,681 175,823 8,577 286,631 1,491,344 347,557 12,477,859 17,226,077 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 $ 1,490,209 2,925,273 4,756,251 38,444,069 957,494 2,255,794 2,185,511 17,705,464 2,092,275 3,390,049 14,890,359 1,782,432 59,394 3,081,072 18,151,123 1,941,316 $ 1,178,542 2,515,284 6,729,914 52,281,123 1,126,711 1,750,937 1,732,289 16,900,062 1,803,001 3,919,489 14,348,814 1,617,347 85,711 2,811,988 31,755,741 1,360,309 $ 1,490,209 2,925,273 4,756,251 37,216,053 957,494 2,255,794 2,185,511 17,705,464 2,092,275 3,390,049 14,648,481 1,782,432 59,394 3,081,072 15,280,270 1,941,316 1,228,016 241,878 2,870,854 - 205,868,751 116,108,086 141,917,265 111,767,338 4,340,747 42,565,455 5,634,405 26,362,624 5,593,717 25,610,693 3,181,061 22,978,381 5,593,717 3,384,243 - 48,199,860 31,956,341 28,791,754 28,572,098 3,384,243 787,047,218 462,514,635 689,995 505,788,683 304,272,918 82,572 469,822,679 274,400,591 314,164 505,562,503 304,104,162 82,572 226,180 168,755 - 1,250,251,848 810,144,173 744,537,434 809,749,238 394,935 Criminal Justice 3,414,754 2,516,398 2,805,746 379,070 5,931,153 3,184,816 Municipal Court Public Defender Total Criminal Justice Public Safety 62,611,170 32,467,863 2,813 47,754,184 29,388,298 (383,020) 95,081,847 76,759,462 Police Fire Other Total Public Safety -30- Citywide Operating Expenditures by Program (continued) For the Month Ended FEBRUARY 28 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 $ 7,459,916 593,137 39,840,705 3,274,558 51,168,316 $ 4,884,666 235,525 46,916,672 3,163,682 Street Transportation Street Lighting Aviation Public Transit 55,200,545 Total Transportation $ 109,015,415 8,608,167 439,526,868 295,006,507 $ 70,769,164 6,497,883 321,036,835 239,684,878 $ 66,711,593 5,623,487 237,761,074 222,161,317 $ 69,497,995 6,497,883 257,945,189 239,684,878 1,271,169 63,091,646 - 852,156,957 637,988,760 532,257,471 573,625,945 64,362,815 Community Development 6,021,081 8,407,027 974,773 2,025,333 4,693,117 8,341,990 1,307,771 2,561,832 Planning and Development Housing Economic Development Neighborhood Services Department 81,254,299 113,580,586 19,204,299 81,397,917 48,727,417 68,096,072 9,185,317 19,381,242 42,473,566 79,553,809 19,245,359 35,993,208 48,727,417 68,046,682 6,577,635 19,381,242 49,390 2,607,682 - 17,428,213 16,904,709 Total Community Development 295,437,101 145,390,047 177,265,941 142,732,976 2,657,071 124,466,232 44,860,208 64,404,482 12,708,486 147,637,246 4,582,155 4,772,747 77,472,141 29,956,770 47,680,468 8,471,844 123,601,276 4,275,467 3,069,613 69,744,731 27,502,968 47,793,217 7,764,005 80,754,637 3,858,827 5,394,962 77,456,473 29,956,770 33,837,623 123,598,403 4,275,467 3,069,613 15,668 13,842,845 8,471,844 2,873 - 403,431,556 294,527,579 242,813,346 272,194,349 22,333,230 Community Enrichment 9,033,176 3,250,687 4,166,729 1,058,890 14,479,683 84,360 345,000 6,318,477 2,094,692 3,077,886 1,100,895 8,772,247 40,941 235,235 32,418,526 21,640,373 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 FEBRUARY 28 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 $ 30,337,442 $ 13,498,587 12,227,398 2,622,271 (308,461) 70,702 22,779,769 12,348,177 13,437,893 6,799,096 113,954 66,102 58,447,939 55,544,992 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 $ 251,873,048 123,248,423 122,387,007 23,503,334 847,273 663,286 $ 239,988,163 117,684,496 100,345,073 27,478,242 2,777,372 572,762 $ 163,949,878 76,386,760 112,866,453 19,249,354 847,273 663,286 87,923,169 46,861,663 9,520,553 4,253,980 148,559,366 805,831,504 522,522,371 488,846,108 373,963,005 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 13,506,345 2,290,833 485,183 5,359,219 360,350 1,890,420 1,483,001 10,083,521 4,804,248 436,317 13,420,560 7,117,344 2,898,406 724,954 14 631,000 13,863,944 8,026,127 17,033 214,286 11,283,024 2,821,191 534,675 5,216,353 359,317 4,421,036 1,647,826 10,349,948 4,700,514 507,579 13,281,773 6,422,603 3,420,712 984,954 13 628,000 13,611,577 7,305,065 14,100 214,286 13,506,345 2,290,833 485,183 5,359,219 360,350 1,890,420 1,483,001 10,083,521 4,804,248 436,317 13,420,560 7,117,344 2,898,406 724,954 14 631,000 13,863,944 8,026,127 17,033 214,286 - 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 87,613,106 88,075,322 87,613,106 - 44,960,690 23,268,834 Capital Improvement 205,034,414 314,745,775 - 42,329,646 - 16,759,946 $ 328,866,179 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 1,101,632,998 314,745,775 - American Rescue Plan Act 338,976,712 42,329,646 - Vacancy Savings (11,000,000) - Contingencies 280,695,375 - 203,664,420 - 5,626,521,387 3,003,325,884 -32- 2,649,539,054 2,757,293,476 246,032,408 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 38,861,179 8,000,000 37,132,633 57,512,971 600,000 19,331,192 7,706,283 13,906,226 84,058,892 3,648,000 24,412,000 409,110,166 6,001,000 334,002,936 $ 371,896 7,567,396 3,726,786 2,326,677 4,563,005 4,799,917 53,195 839,721 9,192,592 176,649 11,314,207 180,286,781 378,445 103,181,624 $ 48,029,577 5,276,726 (0) 3,949,914 3,444,557 3,287,103 201,052 33,530 11,520,229 1,839,756 789,125,824 962,674 85,442,735 1,079,635,766 $ 328,778,891 $ 953,113,676 $ $ 430,168,664 54,474,873 41,067,207 248,071,560 405,780,933 1,179,563,237 $ $ 64,630,091 72,327,546 26,820,789 136,010,481 112,266,476 412,055,383 $ 145,493,565 21,053,572 2,570,266 62,771,327 80,810,714 312,699,445 $ 2,259,199,003 $ 740,834,275 $ 1,265,813,121 - $ 34,449,804 29,663,756 11,262,645 45,563,845 9,680,493 3,040,000 13,906,226 68,332,798 3,648,000 $ - 33 - $ $ 2021-2022 Year-to-Date Capital Amounts From Capital Funds Budget Actual Unencumbered Budget 337,696,715 169,885,648 $ 371,896 5,800,178 702,946 3,746,178 1,786,353 53,195 839,721 8,711,567 176,649 112,363,077 50,628,706 902,484 $ 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 $ 1,767,218 3,726,786 1,623,731 816,827 3,013,564 481,024 11,314,207 67,923,704 378,445 52,552,918 902,484 34,077,908 31,293,783 4,273,214 34,805,956 52,949,966 600,000 14,531,275 7,653,088 13,066,505 74,866,300 3,471,351 13,097,793 228,823,385 5,622,555 230,821,312 727,129,930 $ 185,180,467 352,505,836 $ 143,598,424 750,856,875 127,554,037 29,976,423 19,342,260 68,875,302 128,755,046 374,503,068 $ 1,101,632,998 $ $ 12,157,721 8,801,852 12,120,746 40,837,042 55,647,948 $ 129,565,309 $ $ $ 302,614,627 24,498,450 21,724,947 179,196,258 277,025,887 805,060,169 $ 314,745,775 $ 1,157,566,005 $ $ $ 52,472,371 63,525,694 14,700,043 95,173,439 56,618,528 282,490,075 $ 365,538,573 (17,852,673) 14,246,418 112,061,079 293,514,457 767,507,854 $ 426,088,499 $ 1,518,364,729 Bonds Authorized and Sold As of FEBRUARY 28 (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 - Feb 36,368 38,579 33,570 32,672 42,535 38,935 Mar Apr May June YTD thru February 280,413 308,712 322,327 347,670 425,439 347,226 Mar 32,970 39,641 61,093 63,749 54,451 Apr 48,534 46,770 29,662 40,758 45,701 May 33,061 27,146 35,239 40,197 37,406 June 45,459 64,281 50,222 67,088 62,613 State Sales Tax (Dollars in Thousands) State Sales Tax 30,000 17-18 Actuals 25,000 18-19 Actuals 19-20 Actuals 20,000 20-21 Actuals 15,000 21-22 Actuals 21-22 Budget 10,000 5,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 11,773 18,836 20,116 22,912 26,539 20,994 Aug 12,260 13,749 14,944 14,482 18,124 15,805 Sept Oct Sept 17,561 12,476 11,479 13,123 16,285 15,578 Nov Oct 10,963 10,922 14,226 18,038 18,259 15,438 Dec Jan Feb Mar Apr May June 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 Feb 13,322 15,369 17,707 10,831 12,163 16,316 YTD thru February 106,598 114,155 124,475 131,154 152,691 135,820 Mar 13,651 13,689 12,285 15,878 15,824 Apr 12,631 14,284 18,557 23,414 19,640 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A2 - May 13,603 14,640 11,288 17,998 16,402 June 9,515 8,298 5,321 12,848 10,259 Vehicle License Tax (Dollars in Thousands) Vehicle License Tax 12,000 17-18 Actuals 11,000 18-19 Actuals 10,000 9,000 19-20 Actuals 8,000 20-21 Actuals 7,000 21-22 Actuals 6,000 21-22 Budget 5,000 4,000 3,000 2,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug Sept Oct July 9,008 9,422 10,791 10,098 10,453 10,827 Aug 4,830 5,782 5,619 7,692 5,328 6,588 Sept 5,152 5,349 5,207 6,207 6,363 6,035 Nov Dec Jan Feb Oct 5,670 6,492 6,146 7,328 6,970 7,059 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 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 Feb 5,714 5,490 6,528 5,568 5,828 6,416 Apr YTD thru February 46,489 49,364 52,104 55,358 53,626 55,987 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 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 Jan 187,522 170,844 209,806 216,626 267,406 257,819 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A4 - Feb Feb 176,559 173,462 187,061 178,738 199,258 237,296 Mar Apr YTD thru February 1,432,995 1,464,131 1,550,839 1,692,359 1,811,800 1,998,549 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 Feb 30,671 32,944 34,215 61,877 33,583 42,937 YTD thru February 243,935 253,977 266,636 211,743 292,916 262,477 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 Feb 22,704 21,558 25,643 25,188 28,035 26,003 YTD thru February 297,431 277,133 307,592 340,303 323,317 334,281 Mar 23,806 20,138 24,861 28,415 26,585 Apr 31,392 31,150 29,080 37,714 35,367 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A6 - May 38,031 36,293 40,442 42,556 43,020 June 43,736 38,106 52,141 43,174 48,444 Wastewater Revenues (Dollars in Thousands) Wastewater Operating Revenues 32,000 17-18 Actuals 18-19 Actuals 27,000 19-20 Actuals 22,000 20-21 Actuals 21-22 Actuals 17,000 21-22 Budget 12,000 7,000 2,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 18,615 17,949 18,374 21,205 22,011 19,596 Sept Aug 22,957 20,417 24,593 22,791 21,971 23,357 Oct Sept 19,811 21,145 21,373 21,844 26,947 21,662 Nov Dec Jan Feb Mar 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 Feb 19,499 19,436 20,973 24,355 21,916 21,685 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 YTD thru February 162,144 164,291 170,381 173,897 179,475 172,609 May June 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