May 2022 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division May 31, 2022 To the Mayor and City Council: This is the City's Financial Report for May, the eleventh 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 July 15, 2022 INDEPENDENT AUDITOR REPORT To the Chief Financial Officer, We have assessed the Finance Department’s (Finance) May 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 May 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 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 Expected Public Safety 6 Better than Expected Citywide Expenditures Transportation 7 Better than Expected 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 Revenues by Source Page Performance Status General Fund Total Operating Revenue 13 Better than Expected Property Tax 14 Monitor and Consider Taking Action Local Sales Tax 15 Better than Expected State Sales Tax 16 Better than Expected Vehicle License Tax 17 Monitor and Consider Taking Action Governmental Funds 18 Monitor and Consider Taking Action Aviation 19 Better than Expected Water System 20 Expected 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. May 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 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 1,073,953 1,177,280 91.2% 1,114,329 1,214,362 91.8% 1,158,429 1,282,831 90.3% 1,214,848 1,371,152 88.6% 1,293,589 1,494,454 86.6% * - 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 $1,300,000 $1,400,000 $1,250,000 $1,200,000 $1,200,000 $1,000,000 $1,150,000 $800,000 May YTD May YTD Expenditures Expenditures $1,100,000 $600,000 Annual Annual Expenditures * Expenditures * $400,000 $1,050,000 $200,000 $1,000,000 $950,000 $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 May are 6.5% higher than the same period in fiscal year 2020-21. General fund expenditures increased 6.9% in fiscal year 2020-21 over fiscal year 2019-20. This followed increases of 5.6% and 3.1% in the two prior years. General Government 17-18 18-19 19-20 20-21 21-22 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 105,100 110,408 95.2% 108,017 114,393 94.4% 116,998 123,100 95.0% 136,410 154,211 88.5% 143,335 169,980 84.3% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Criminal GeneralJustice Government $125,000 $180,000 $120,000 $160,000 May YTD Expenditures $140,000 $115,000 $120,000 $110,000 $100,000 $80,000 $105,000 $60,000 $40,000 $100,000 $20,000 $95,000 $0 Annual Expenditures * Annual Expenditures * May YTD 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 May are 5.1% 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 May 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 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 29,520 32,232 91.6% 30,603 33,387 91.7% 32,026 35,033 91.4% 32,005 36,162 88.5% 36,397 39,858 91.3% * - 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 May 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 May are 13.7% 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 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 743,824 817,960 90.9% 771,806 841,467 91.7% 801,172 893,403 89.7% 826,661 925,920 89.3% 870,725 999,730 87.1% $1,200,000 * - For prior years-total actual expenditures, for current year-total approved budget $0 17-18 18-19 19-20 20-21 21-22 $1,000,000 May 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 an 8.0% increase over fiscal year 2020-21 actuals. Through May, general fund public safety expenditures are 5.3% 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 May 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 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 15,897 16,366 97.1% 16,465 18,337 89.8% 18,399 19,748 93.2% 21,169 22,144 95.6% 21,788 23,476 92.8% * - 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 May 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 May, General fund transportation expenditures are 2.9% higher than the same period in the prior fiscal year. Community Development Community Development May YTD Annual % of Annual Expenditures Expenditures * Expenditures 18,736 20,243 92.6% 19,653 21,238 92.5% 20,842 22,542 92.5% 21,877 24,114 90.7% 25,711 30,755 83.6% $35,000 * - For prior years-total actual expenditures, for current year-total approved budget $5,000 17-18 18-19 19-20 20-21 21-22 Better than Expected $30,000 May 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 May are 17.5% higher than the same period in the prior fiscal year. General fund community development expenditures increased in fiscal year 2020-21 over fiscal year 2019-20 by 7.0%. This follows a year over year increase of 6.1% in fiscal year 2019-20 and 4.9% increase in the 2018-19 fiscal year. 3 May 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 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 139,267 156,325 89.1% 142,009 156,552 90.7% 142,111 155,417 91.4% 136,733 158,589 86.2% 154,270 181,164 85.2% * - For prior years-total actual expenditures, for current year-total approved budget Community Enrichment $200,000 May 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 May, general fund community enrichment expenditures are 12.8% 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 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 12,692 12,624 100.5% 15,925 16,886 94.3% 16,936 19,180 88.3% 18,892 20,905 90.4% 23,936 24,482 97.8% * - 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 May 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 May, general fund environmental services expenditures are 26.7% 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. May 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 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 3,157,804 3,547,078 89.0% 3,536,287 3,775,464 93.7% 3,477,611 3,814,963 91.2% 3,761,570 4,163,122 90.4% 3,984,199 5,433,859 73.3% * - 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 May 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 May are 5.9% higher than the same period in the prior fiscal year stemming from an additional $304M in light rail extension and $70M in Aviation. General Government 17-18 18-19 19-20 20-21 21-22 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 125,914 134,117 93.9% 128,085 138,349 92.6% 144,723 157,200 92.1% 185,982 207,451 89.7% 157,836 205,869 76.7% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected General Government $250,000 May 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 May are 15.1% lower than the same period in the prior fiscal year. The budget anticipates a 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 May 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 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 35,151 38,411 91.5% 39,002 42,530 91.7% 40,681 44,425 91.6% 39,356 44,147 89.1% 42,831 48,200 88.9% * - For prior years-total actual expenditures, for current year-total approved budget Criminal Justice $60,000 May YTD Expenditures $50,000 $40,000 $30,000 Annual Expenditures * $20,000 $10,000 $0 17-18 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 8.8% higher through May 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 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 884,684 970,771 91.1% 946,279 1,025,513 92.3% 1,000,535 1,110,457 90.1% 1,009,070 1,122,901 89.9% 1,086,595 1,250,252 86.9% * - For prior years-total actual expenditures, for current year-total approved budget Public Safety $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 May 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 May are 7.7% 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 May 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 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 655,099 709,977 92.3% 686,382 722,667 95.0% 742,448 774,492 95.9% 746,546 786,597 94.9% 750,610 852,157 88.1% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Transportation $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 May 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 0.5% higher through May 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 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 184,160 203,096 90.7% 176,922 195,716 90.4% 190,633 229,793 83.0% 217,809 245,310 88.8% 201,704 295,437 68.3% * - 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 May 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 May are 7.4% 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 May 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 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 273,104 306,763 89.0% 288,290 317,465 90.8% 289,202 316,680 91.3% 348,984 390,805 89.3% 380,922 403,432 94.4% * - 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 May 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 May are 9.2% higher than the same period in the prior fiscal year. The fiscal year 2021-22 budget anticipates an increase of 3.2% from fiscal year 2020-21 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Fiscal year 2020-21 expenditures can be higher due to receiving additional revenue through the Coronavirus relief funds. Environmental Services 17-18 18-19 19-20 20-21 21-22 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 574,166 696,244 82.5% 624,084 670,219 93.1% 636,305 692,524 91.9% 673,357 734,733 91.6% 692,593 805,832 85.9% * - 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 May 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 2.9% higher through May 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 May 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 May YTD Annual % of Annual Expenditures Expenditures * Expenditures 97,502 106,315 91.7% 106,916 116,634 91.7% 119,923 130,839 91.7% 120,972 131,938 91.7% 120,468 132,070 91.2% * - For prior years-total actual expenditures, for current year-total approved budget net of credit for early redemption fund resources $180,000 May 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 May are 0.4% 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) $ $ 457,388 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) $ $ 107,770 $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 $ 172,418 430,069 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: $ 54,475 21-22 (YTD) $ 79,832 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 $100,000 21-22 (YTD) $ 28,812 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 recovery facility upgrade and $1.5 million on SR 85 Landfill. 21-22 (YTD) 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. 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. 20-21 19-20 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) $ 248,002 $162,594 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 $ 405,851 $173,394 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 May 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 May YTD Revenues 1,055,977 1,100,526 1,154,049 1,361,827 1,379,663 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 90.8% 90.2% 88.3% 91.3% 101.8% * - 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 May are 1.3% 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 270,000 240,000 210,000 101,652 95,435 107,555 119,289 115,069 109,476 180,000 Secondary 150,000 120,000 90,000 60,000 154,560 162,129 170,209 182,043 171,951 17-18 18-19 19-20 20-21 21-22 YTD 191,294 Primary 30,000 - FY 17-18 18-19 19-20 20-21 21-22 YTD 21-22 Budget Total 249,995 263,781 277,764 297,112 281,427 310,583 July (1,054) (1,049) (1,141) (1,619) (1,490) (1,411) Aug (395) 688 1,081 1,541 1,141 1,226 Sept 891 980 647 1,288 1,040 1,080 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 Dec 25,018 30,444 23,612 38,512 33,534 34,281 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 8,972 9,544 Apr 11,994 12,026 12,116 15,171 15,063 14,559 May 52,962 68,870 66,043 76,862 71,096 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 Monitor and Consider Taking Action 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 95,435 162,129 101,652 170,209 107,555 182,043 115,069 171,951 109,476 191,294 119,289 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 May are 21.4% higher than the same period in the prior year. Actual local sales tax revenues through May are 23.3% higher than budget expectations. Local Sales Tax 3 Year Trend 80,000 70,000 60,000 50,000 19-20 Actuals 40,000 20-21 Actuals 21-22 Actuals 30,000 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 local sales tax revenues were 12.2% higher than the prior year. This follows increases of 2.5% and 10.5% in the two previous years. Click Here for Additional Information - 15 - State Sales Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 State Sales Tax Budget vs Actual 30,000 25,000 20,000 21-22 Actuals 15,000 21-22 Budget 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected The fiscal year 2021-22 budget includes an decrease of 1.7% in state shared sales tax over fiscal year 2020-21 actuals. Through May state shared sales tax revenues are 13.2% 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 May 2022 are 1.5% 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 May 2022 are 10.0% lower than budget expectations for the period. Governmental Funds Revenues 3 Year Trend 400,000 350,000 300,000 2019-20 Actuals 250,000 200,000 2020-21 Actuals 150,000 2021-22 Actuals 100,000 50,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 governmental fund revenues were 14.4% higher than the prior year. This follows increases of 7.0% and 4.1% in the two previous years. Click Here for Additional Information - 18 - Aviation Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Aviation Operating Revenues Budget vs Actual 70,000 60,000 50,000 21-22 Actuals 40,000 21-22 Budget 30,000 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Aviation operating revenues through May 2022 are 14.5% 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 Expected Water system revenues through May 2022 are 0.3% higher 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 May 2022 are 5.2% 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 MAY 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 $ 597,875 $ 3,067 492,374 2,769 197,945 219,316 79,100 191,294 2,771 9,600 212,486 195,620 74,180 171,951 2,732 6,682 188,444 220,217 75,403 167,990 2,438 7,024 8,956 1,451 13,108 483 4,093 1,497 6,463 7,449 816 13,628 388 4,801 1,785 7,293 8,399 1,172 82,167 199 3,276 1,513 7,012 33,500 1,500 16,599 5,550 12,355 43,470 1,149 16,886 3,251 14,153 28,629 1,283 54,212 4,626 12,681 1,355,776 - 22 - $ 1,379,663 $ 1,361,828 General Fund Expenditures As of MAY 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 $ 1,936 $ 3,954 5,118 54,155 2,973 2,514 22,088 2,553 4,131 18,215 3,525 18,617 3,555 143,335 1,662 3,607 6,835 48,409 2,439 2,063 21,523 2,404 5,178 12,298 3,208 25,145 1,639 136,410 Criminal Justice Municipal Court Public Defender Total Criminal Justice 34,224 5,634 39,858 29,307 7,090 36,397 27,631 4,374 32,005 Public Safety Police Fire Others Total Public Safety 611,239 388,358 133 999,730 533,605 337,313 (193) 870,725 511,589 315,068 4 826,661 Transportation Street Transportation Public Transit Total Transportation 21,639 1,838 23,476 20,146 1,642 21,788 16,951 4,218 21,169 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 8,295 15,515 5,173 1,772 30,755 7,075 13,105 4,004 1,527 25,711 5,437 12,132 3,792 516 21,877 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 108,229 43,865 22,051 7,019 181,164 90,872 38,153 18,812 6,433 154,270 79,471 34,623 16,973 5,666 136,733 Environmental Services Public Works Environmental Programs Others Total Environmental Services 22,728 1,280 474 24,482 22,681 854 401 23,936 17,895 636 361 18,892 Capital Improvement 25,007 17,426 21,101 Vacancy Savings (11,000) - - Contingencies 124,164 - - Total Expenditures and Encumbrances $ 1,607,618 - 23 - $ 1,293,589 $ 1,214,848 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 MAY 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 2,800 597,875 $ 3,067 492,374 2,769 197,945 219,316 79,100 191,294 2,771 9,600 10,407 13,108 483 4,093 1,497 6,463 51,599 5,550 12,355 212,486 195,620 74,180 171,951 2,732 6,682 8,266 13,628 388 4,801 1,785 7,293 61,505 3,251 14,153 188,444 220,217 75,403 167,990 2,438 7,024 9,571 82,167 199 3,276 1,513 7,012 84,124 4,626 12,681 1,355,776 1,379,663 1,361,828 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 44,475 111,563 44,585 9,532 323,123 3,724 91,678 6,012 27,456 141,785 5,752 5,001 15,055 299,094 109,476 38,351 99,191 36,492 8,703 251,647 146 75,109 6,177 15,506 135,146 17,369 5,699 29,383 369,395 108,830 1,993,617 1,238,311 1,197,145 412,546 75,996 487,697 254,696 189,870 417,780 87,800 440,454 248,885 184,371 299,352 49,181 448,988 237,320 168,910 1,420,805 1,379,289 1,203,751 4,770,198 - 24 - $ $ 3,997,263 $ 3,762,724 Citywide Operating Expenditures As of MAY 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 143,335 $ 14,501 157,836 136,410 49,572 185,982 39,858 8,342 48,200 36,397 6,434 42,831 32,005 7,351 39,356 Public Safety General Funds Other Funds Total Public Safety 999,730 250,522 1,250,252 870,725 215,870 1,086,595 826,661 182,409 1,009,070 Transportation General Funds Other Funds Total Transportation 23,476 828,681 852,157 21,788 728,822 750,610 21,169 725,377 746,546 Community Development General Funds Other Funds Total Community Development 30,755 264,682 295,437 25,711 175,993 201,704 21,877 195,932 217,809 Community Enrichment General Funds Other Funds Total Community Enrichment 181,164 222,268 403,432 154,270 226,652 380,922 136,733 212,251 348,984 Environmental Services General Funds Other Funds Total Environmental Services 24,482 781,350 805,832 23,936 668,657 692,593 18,892 654,465 673,357 Debt Service General Funds Other Funds Total Debt Service 132,070 132,070 120,468 120,468 120,972 120,972 25,007 1,076,526 1,101,533 17,426 456,469 473,895 21,101 398,393 419,494 American Rescue Plan Act General Funds Other Funds Total American Rescue Plan Act 339,077 339,077 76,745 76,745 - 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 1,293,589 2,690,611 3,984,199 $ $ 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 - 1,214,848 2,546,722 3,761,570 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 MAY 31 2022 2021 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 General Funds $ 72,938,179 126,450 73,064,629 15,951,809 17,673,907 6,061,478 $ 40,196,753 76,432 Local Taxes: Sales Taxes Privilege License Fees $ 547,396,684 2,800,000 $ 597,875,030 3,067,160 $ 492,373,661 2,768,845 40,273,185 Total Local Taxes 550,196,684 600,942,190 495,142,506 17,997,743 20,019,770 6,471,302 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 197,945,000 219,316,000 79,100,000 212,485,821 195,620,028 74,179,986 188,444,206 220,217,469 75,402,571 39,687,194 44,488,815 496,361,000 482,285,835 484,064,246 43,398,768 46,814,467 Primary Property Tax 191,294,000 171,951,408 167,990,329 (190,903) 263,598 Licenses and Permits 2,771,000 2,732,432 2,437,623 2,271,049 2,467,756 Cable Communications 9,600,000 6,682,382 7,023,540 836,649 101,225 Municipal Court: Fines and Forfeitures Court Default Fee 8,956,050 1,451,000 7,449,398 816,300 8,399,090 1,171,685 757,182 80,261 837,443 937,874 1,347,111 1,085,779 Total State Shared Taxes Total Municipal Court Police Library Fees 10,407,050 8,265,698 9,570,775 13,107,604 13,627,601 82,166,780 26,199 7,355 482,634 388,245 198,861 462,472 308,117 Parks and Recreation 4,092,621 4,800,978 3,276,237 135,194 185,014 Planning and Development 1,496,700 1,784,722 1,513,453 506,927 412,650 Street Transportation 6,462,738 7,292,905 7,011,899 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other 33,500,000 1,500,000 16,598,713 43,469,952 1,149,200 16,885,664 28,629,432 1,282,875 54,211,645 51,598,713 61,504,816 84,123,952 5,550,000 3,250,772 4,626,393 4,468,854 96,175 400,896 2,671,219 240,350 411,053 4,965,925 3,322,622 510,735 392,284 Interest 863,266 755,633 Other Fees and Service Charges 167,886,009 141,715,149 Total Fire Total General Funds 26 12,354,781 14,152,667 12,680,973 1,355,775,525 1,379,662,651 1,361,827,567 Citywide Operating Revenue by Source (continued) For the Month Ended MAY 31 2022 2021 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Special Revenue and Debt Service Funds $ 3,780,517 270,037 1,350,185 14,372 $ 5,415,111 12,464,120 4,503,386 11,277 2,133,569 152,398 761,989 12,328 Neighborhood Protection: Police Neighborhood Protection Police Blockwatch Fire Neighborhood Protection Interest/Other 3,060,284 Total Neighborhood Protection $ $ $ 5,872,347 1,829,400 9,383 5,476,446 $ 3,106,465 631,732 0 299,957 3,310 50,451 $ $ $ $ $ 645,910 0 277,055 1,991 47,539 16,978,783 7,711,130 985,450 36,718,270 3,455,228 $ $ 40,173,498 30,600,912 2,185,780 10,928,897 759,617 $ 24,464,660 1,747,476 8,737,379 3,401,844 40,619,853 44,475,206 38,351,359 79,660,712 25,473,909 320,352 84,831,770 26,610,420 120,933 67,600,875 21,139,528 10,450,117 105,454,973 111,563,123 99,190,520 Parks and Preserves 42,099,308 44,584,503 36,491,890 Golf Courses: Fees Coffee Shops Concessions Interest Other 4,296,600 0 2,180,725 10,000 306,300 6,066,261 0 2,966,697 16,933 482,166 5,516,385 0 2,727,601 14,758 444,638 6,793,625 9,532,057 8,703,382 20,708,460 698,797 Transit 2000 & 2050: Sales Taxes Interest/Other 274,395,647 27,973,297 298,366,529 24,756,939 238,541,617 13,105,726 302,368,944 323,123,468 251,647,343 Court Awards 5,295,826 3,723,789 146,251 Planning and Development 71,428,000 91,677,530 75,108,554 Capital Construction 7,591,654 6,011,877 6,176,809 Sports Facilities: Sales Taxes Interest/Other 15,577,677 4,239,952 23,580,799 3,875,426 11,362,513 4,143,973 19,817,629 27,456,225 15,506,486 $ 0 8,881,762 $ 6,709,933 538,122 $ 288,695 3,855,925 Total Public Safety Enhancement & Expansion $ Total Golf Courses 21,407,257 $ $ Public Safety Enhancement & Expansion Police Fire Interest/Other 28,150,485 2,010,822 10,053,100 405,446 972,495 332,259 3,818,734 37,191 $ 2,088,423 30,440 2,118,863 Total Transit 2000 & 2050 Total Sports Facilities 27 Citywide Operating Revenue by Source (continued) For the Month Ended MAY 31 2022 2021 Source Budget Estimate 2021-2022 Actual Year-to-Date 2021-2022 2020-2021 148,960,000 750,000 5,000 140,918,936 527,462 337,731 134,371,834 675,097 98,876 149,715,000 141,784,129 135,145,807 Special Revenue and Debt Service Funds (Cont'd) $ 12,782,691 83,135 2,397 13,898,774 54,622 10,238 12,868,223 13,963,634 - $ - Highway User Revenue: Highway User Revenue Interest Other Total Highway User Revenue Local Transportation Assistance 0 0 0 381,813 1,267,111 Regional Transit Revenues 38,945,335 5,751,974 17,369,440 1,366,466 52,809 Community Reinvestment 5,862,535 5,001,220 5,699,497 (2,987,141) 5,625,438 Other Restricted Fees 36,384,438 15,055,178 29,382,580 287,928 10,636,265 1,359,787 385,456 8,092,621 3,189,061 Grants: Public Housing: Rentals Grants Other 7,677,450 96,223,329 25,464,757 4,910,705 91,815,262 14,922,706 6,361,069 89,730,843 11,913,037 12,283,980 11,667,138 129,365,536 111,648,673 108,004,949 86,581,471 240,755,810 70,581,150 510,270,201 61,842,901 77,847,664 10,298,597 37,456,553 51,788,835 99,514,212 7,423,355 102,664,120 5,530,974 6,047,943 4,609,499 1,741,449 6,659,989 12,056,956 7,378,811 2,119,469 $ Total Public Housing Other: Human Resources Federal Transit Administration Community Development Other 17,929,865 28,215,225 Total Other 908,188,632 187,445,715 261,390,522 30,213,845 39,882,363 Total Grants 1,037,554,168 299,094,388 369,395,471 27,697,453 105 30,048,340 0 119,288,943 4,396,670 107,713,143 1,762,849 106,511,488 2,318,516 27,697,558 30,048,340 123,685,613 109,475,992 108,830,004 152,178,120 136,214,817 1,993,616,901 1,238,310,659 1,197,145,393 119,690,864 271,910,885 5,711,000 8,827,798 2,883,830 3,521,570 0 90,730,208 285,194,351 1,351,174 33,783,208 2,789,206 3,204,952 726,674 78,476,890 162,059,124 2,159,806 49,702,309 2,790,233 2,996,534 1,166,984 412,545,947 417,779,773 299,351,880 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: 8,587,772 30,672,251 183,780 6,274,460 260,141 286,764 101,980 8,117,939 21,565,847 144,642 232,423 253,665 267,409 86,102 46,367,148 30,668,027 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 MAY 31 2022 2021 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 10,795,931 2,618,263 47,701 5,837,669 219,244 32,947 13,461,895 6,089,860 42,100,344 270,732 420,426 820,498 458,820 185,022 937,606 40,848,008 203,440 550,946 416,952 576,060 142,010 (181,462) 45,193,448 42,555,954 Excise Taxes Operating Revenue Interest Total Convention Center 57,195,956 18,000,000 800,000 69,100,987 18,438,871 259,909 46,007,745 2,747,133 425,829 75,995,956 87,799,767 49,180,707 457,546,975 5,000,000 5,610,000 8,792,000 4,900,000 8,317,000 (2,469,270) 408,616,758 2,689,485 11,175,507 7,403,014 6,082,980 1,347,118 3,139,458 426,107,216 2,286,579 7,228,673 8,049,976 5,300,759 2,019,930 (2,005,241) 487,696,705 440,454,320 448,987,892 WATER SYSTEM: $ Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System WASTEWATER: 17,626,383 1,695,608 427,080 218,136 2,328,227 17,139,558 (152,358) 563,160 192,611 2,341,501 Sewer Service Charges Multi-City Development Fees Interest Other 210,134,198 15,721,355 4,700,000 3,611,000 20,529,855 193,227,765 20,045,099 5,831,850 1,710,161 28,069,775 190,591,219 18,165,574 5,091,780 2,591,144 20,880,223 22,295,434 20,084,472 Total Wastewater 254,696,408 248,884,650 237,319,940 171,158,281 12,496,485 500,800 5,714,310 158,763,120 12,613,547 239,730 12,754,579 147,694,281 10,967,769 275,869 9,972,315 189,869,876 184,370,976 168,910,234 1,420,804,892 1,379,289,486 1,203,750,653 $ 4,770,197,318 $ 3,997,262,796 SOLID WASTE: $ 14,668,524 1,486,593 38,949 1,459,974 14,202,234 1,116,821 21,162 942,344 17,654,040 16,282,561 144,971,965 115,680,874 465,036,094 $ 393,610,840 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds Total Operating Revenues 29 $ 3,762,723,613 Citywide Operating Expenditures by Program For the Month Ended MAY 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 $ 152,279 $ 379,818 1,355,474 6,720,470 73,330 244,101 270,039 2,479,642 212,533 110,999 1,446,962 234,558 10,669 (214,113) 1,931,914 515,685 150,024 413,965 (545,758) 4,077,741 120,301 235,197 203,170 1,731,049 230,809 279,929 1,107,591 (338,587) 10,621 (238,549) 2,147,144 74,324 15,924,360 9,658,970 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 $ 1,935,707 3,953,752 5,384,156 56,559,511 1,194,614 2,979,189 2,921,013 23,676,825 2,553,259 4,131,337 18,547,958 2,648,347 90,451 3,524,972 23,987,589 3,747,118 $ 1,676,065 3,606,616 9,146,245 70,324,665 1,386,744 2,485,250 2,398,167 23,028,584 2,404,388 5,177,902 19,110,841 376,660 119,126 3,207,913 38,649,972 2,882,480 $ 1,935,707 3,953,752 5,384,156 54,871,784 1,194,614 2,979,189 2,921,013 23,676,825 2,553,259 4,131,337 18,215,376 2,648,347 90,451 3,524,972 20,135,566 3,747,118 1,687,727 332,582 3,852,024 - 205,868,751 157,835,797 185,981,619 151,963,464 5,872,332 42,565,455 5,634,405 35,740,245 7,090,462 34,982,643 4,373,515 31,086,911 7,090,462 4,653,334 - 48,199,860 42,830,707 39,356,158 38,177,373 4,653,334 787,047,218 462,514,635 689,995 683,157,181 403,354,756 82,572 637,560,023 371,007,967 501,987 682,846,184 403,123,122 82,572 310,997 231,634 - 1,250,251,848 1,086,594,509 1,009,069,977 1,086,051,878 542,631 Criminal Justice 3,205,116 441,127 3,012,096 396,276 3,646,243 3,408,372 Municipal Court Public Defender Total Criminal Justice Public Safety 61,046,267 34,579,192 - 53,253,766 30,917,851 57,159 95,625,458 84,228,776 Police Fire Other Total Public Safety -30- Citywide Operating Expenditures by Program (continued) For the Month Ended MAY 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 $ 6,834,244 687,753 29,524,926 3,600,879 40,647,802 $ 6,165,668 622,169 127,678,370 3,282,634 Street Transportation Street Lighting Aviation Public Transit 137,748,841 Total Transportation $ 109,015,415 8,608,167 439,526,868 295,006,507 $ 90,726,439 8,651,229 401,609,962 249,622,479 $ 86,974,478 7,710,563 420,174,931 231,686,482 $ 88,876,407 8,651,229 316,703,325 249,622,479 1,850,032 84,906,637 - 852,156,957 750,610,109 746,546,454 663,853,440 86,756,669 Community Development 5,973,719 10,031,708 1,540,768 2,345,557 5,793,706 3,036,619 1,253,845 2,734,661 Planning and Development Housing Economic Development Neighborhood Services Department 81,254,299 113,580,586 19,204,299 81,397,917 65,895,963 95,357,655 14,358,917 26,091,871 60,009,237 89,675,214 22,726,876 45,397,399 65,895,963 95,289,744 10,773,625 26,091,871 67,911 3,585,292 - 19,891,752 12,818,832 Total Community Development 295,437,101 201,704,406 217,808,727 198,051,203 3,653,203 124,466,232 44,860,208 64,404,482 12,708,486 147,637,246 4,582,155 4,772,747 105,115,935 39,332,942 57,521,626 11,648,515 158,760,738 4,405,888 4,136,132 94,763,774 35,814,855 59,515,189 11,066,689 137,466,114 3,990,733 6,366,819 105,094,392 39,332,942 38,489,270 158,756,787 4,405,888 4,136,132 21,543 19,032,356 11,648,515 3,951 - 403,431,556 380,921,776 348,984,174 350,215,410 30,706,365 Community Enrichment 11,466,617 4,079,770 1,984,285 1,058,890 13,184,561 176,255 417,147 9,009,165 2,310,850 4,695,838 1,100,895 10,002,394 107,618 297,105 32,367,524 27,523,865 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 MAY 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 $ 28,752,216 15,215,780 11,822,588 1,343,028 209,618 99,472 57,442,701 $ 24,834,964 14,840,212 13,298,065 2,385,171 207,140 156,522 55,722,075 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 $ 337,675,517 166,517,208 157,725,698 28,546,342 1,467,921 660,079 $ 329,859,853 163,684,915 148,548,267 26,907,064 3,475,344 881,166 $ 216,765,861 102,082,935 144,635,207 22,697,997 1,467,921 660,079 120,909,656 64,434,273 13,090,491 5,848,345 204,282,766 805,831,504 692,592,764 673,356,610 488,309,999 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 18,571,224 3,149,896 667,127 7,368,927 495,481 2,599,328 2,039,126 13,864,842 6,605,841 599,935 18,453,269 9,786,348 3,985,309 996,812 23 867,625 19,062,923 11,035,925 23,421 294,643 15,514,158 3,879,137 735,179 7,172,485 494,060 6,078,925 2,265,761 14,231,179 6,463,207 697,922 18,262,437 8,831,079 4,703,479 1,354,312 27 863,500 18,715,918 10,044,464 19,388 294,643 18,571,224 3,149,896 667,127 7,368,927 495,481 2,599,328 2,039,126 13,864,842 6,605,841 599,935 18,453,269 9,786,348 3,985,309 996,812 23 867,625 19,062,923 11,035,925 23,421 294,643 - 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 9 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 10,951,645 10,965,567 Total Debt Service 132,069,680 120,468,025 120,972,036 120,468,025 - 56,964,597 59,391,038 Capital Improvement 419,493,506 473,894,568 - 76,744,755 - 4,024,271 $ 333,462,083 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 1,101,532,998 473,894,568 - American Rescue Plan Act 339,076,712 76,744,755 - Vacancy Savings (11,000,000) - Contingencies 401,466,335 - 203,664,420 - 5,626,521,387 3,984,197,416 -32- 3,761,569,260 3,647,730,115 336,467,301 Capital Expenditures and Encumbrances 2021-2022 Program General Government Arts and Cultural Facilities Economic Development Facilities Management Finance Fire Protection Housing Human Services Information Technology Libraries Neighborhood Services Parks and Mountain Preserves Planning & Historic Preservation Police Protection Public Transit Regional Wireless Cooperative Street Transportation & Drainage General Government Subtotal Enterprise Aviation Phoenix Convention Center Solid Waste Disposal Wastewater Water System Enterprise Subtotal Total Capital Budget Program Budget $ $ $ 2020-2021 Actual Yearto-Date Actual Yearto-Date From Operating Funds Budget Actual 902,484 $ 34,449,804 25,861,179 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 6,001,000 347,002,936 $ 1,977,105 11,751,036 7,107,497 4,896,940 8,895,237 12,487,433 995,786 4,787,383 25,756,513 578,235 12,345,107 234,912,201 379,490 130,518,197 $ 61,326,618 9,212,735 (0) 4,823,903 14,632,385 6,166,099 241,501 1,160,002 17,056,699 1,841,267 271,268,725 963,741 152,008,364 1,079,635,766 $ 457,388,159 $ 540,702,041 $ $ 430,068,664 54,474,873 41,067,207 248,001,560 405,850,933 1,179,463,237 $ $ 107,769,940 79,832,235 28,811,768 162,593,843 173,393,634 552,401,421 $ 165,473,122 28,677,211 8,030,663 69,277,028 248,958,500 520,416,523 $ 2,259,099,003 $ 1,009,789,580 $ 1,061,118,564 - $ 34,449,804 16,663,756 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 337,696,715 182,885,648 $ 1,977,105 9,110,452 1,800,302 7,825,025 10,518,496 995,786 4,787,383 24,952,621 578,235 166,985,096 71,481,954 902,484 $ 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 $ 2,640,584 7,107,497 3,096,637 1,070,212 1,968,937 803,892 12,345,107 67,927,106 379,490 59,036,242 902,484 32,472,699 14,110,143 892,503 32,235,693 48,617,734 600,000 6,843,759 6,710,497 9,118,843 58,302,379 3,069,765 12,066,893 174,197,965 5,621,510 216,484,739 727,129,930 $ 301,012,455 352,505,836 $ 156,375,704 622,247,607 127,454,037 29,976,423 19,342,260 68,805,302 128,825,046 374,403,068 $ 1,101,532,998 $ $ 17,461,283 9,221,884 13,751,570 54,680,025 77,767,351 $ 172,882,113 $ $ $ 302,614,627 24,498,450 21,724,947 179,196,258 277,025,887 805,060,169 $ 473,894,568 $ 1,157,566,005 $ $ $ 90,308,657 70,610,351 15,060,199 107,913,818 95,626,283 379,519,308 $ 322,298,724 (25,357,362) 12,255,439 85,407,717 232,457,299 627,061,816 $ 535,895,012 $ 1,249,309,423 Bonds Authorized and Sold As of MAY 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 - Feb 36,368 38,579 33,570 32,672 42,535 38,935 Mar Mar 32,970 39,641 61,093 63,749 44,740 54,451 Apr May June Apr 48,534 46,770 29,662 40,758 54,758 45,701 May 33,061 27,146 35,239 40,197 72,938 37,406 YTD thru May 394,978 422,269 448,321 492,374 597,875 484,784 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 Mar 13,651 13,689 12,285 15,878 18,738 15,824 Apr 12,631 14,284 18,557 23,414 25,105 19,640 May 13,603 14,640 11,288 17,998 15,952 16,402 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 - YTD thru May 146,483 156,768 166,605 188,444 212,486 187,686 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 Mar 5,493 5,943 5,960 6,411 6,418 6,556 May Apr 5,593 5,668 5,110 7,162 8,075 6,480 June May 5,602 5,959 4,699 6,472 6,061 6,260 YTD thru May 63,177 66,934 67,873 75,403 74,180 75,283 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 Mar 167,449 187,169 217,521 272,444 230,537 276,766 May June Apr 217,138 210,659 180,484 316,241 255,574 313,183 May 223,002 245,256 226,625 277,929 320,064 321,346 YTD thru May 2,040,584 2,107,215 2,175,469 2,558,973 2,617,975 2,909,844 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 Mar 33,070 33,075 34,228 25,487 38,417 33,838 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A5 - May Apr 37,265 37,847 27,255 31,454 40,080 35,978 June May 32,447 34,396 23,524 30,668 46,367 32,540 YTD thru May 346,717 359,295 351,643 299,352 417,780 364,833 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 Mar 23,806 20,138 24,861 28,415 31,242 26,585 Apr 31,392 31,150 29,080 37,714 40,702 35,367 May 38,031 36,293 40,442 42,556 45,193 43,020 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 - YTD thru May 390,660 364,714 401,975 448,988 440,454 439,253 June 43,736 38,106 52,141 43,174 48,444 Wastewater Revenues (Dollars in Thousands) Wastewater Operating Revenues 32,000 17-18 Actuals 18-19 Actuals 27,000 19-20 Actuals 22,000 20-21 Actuals 21-22 Actuals 17,000 21-22 Budget 12,000 7,000 2,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 18,615 17,949 18,374 21,205 22,011 19,596 Sept Aug 22,957 20,417 24,593 22,791 21,971 23,357 Oct Sept 19,811 21,145 21,373 21,844 26,947 21,662 Nov Dec Jan Feb Mar Apr May June Oct 20,195 23,028 20,975 22,234 18,312 22,243 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 Mar 20,517 19,960 21,613 21,754 23,023 21,577 Apr 18,079 21,256 18,428 21,584 24,091 20,420 May 20,160 20,980 23,948 20,085 22,296 21,919 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 - YTD thru May 220,900 226,487 234,370 237,320 248,885 236,525 June 18,345 16,544 18,289 17,424 18,170