October 2022
Monthly Financial Report

PREPARED BY
Financial Accounting & Reporting Division

October 31, 2022
To the Mayor and City Council:
This is the City's Financial Report for October, the fourth month of fiscal year 2022-23.
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

June 28, 2023

INDEPENDENT AUDITOR REPORT
To the Chief Financial Officer,
We have assessed the Finance Department’s (Finance) October 2022 Monthly Financial Report (MFR) in
accordance with the agreed-upon procedures engagement between Finance and the City Auditor
Department (Audit). Finance prepares a monthly, written report to the City Council detailing expenditures,
revenues, and the City’s financial condition. Finance is responsible for compiling an accurate and
complete MFR. Finance and Audit entered into an agreed-upon procedures engagement for the
assessment of the MFR on September 27, 2022.
The agreed-upon procedures include the following:


Mathematically check calculations presented within the MFR.



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
October 2022
Table of Contents
Expenditures by Programs

Page

Performance Status

General Fund Expenditures
General Fund Total Expenditures

1

Better than Expected

General Government

1

Better than Expected

Criminal Justice

2

Expected

Public Safety

2

Monitor and Consider Taking Action

Transportation

3

Monitor and Consider Taking Action

Community Development

3

Better than Expected

Community Enrichment

4

Expected

Environmental Services

4

Better than Expected

Citywide Expenditures
Citywide Total Operating Expenditures

5

Better than Expected

General Government

5

Monitor and Consider Taking Action

Criminal Justice

6

Better than Expected

Public Safety

6

Monitor and Consider Taking Action

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

Monitor and Consider Taking Action

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

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

Monitor and Consider Taking Action

Water System

20

Monitor and Consider Taking Action

Wastewater

21

Monitor and Consider Taking Action

Financial Schedules

Page

General Fund Revenue

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.

General Fund
Expenditures
Expenditures from the City's General Fund for core
functions such as Police, Fire, Parks, Streets and
Social Services as well as administrative functions
such as Mayor and Council, City Manager, Finance,
and Human Resources. This does not include any
expenditures from dedicated revenue streams such
as grants, bonds, specifically dedicated taxes, and
enterprise revenues.

October General Fund YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Total General Fund Expenditures

18-19
19-20
20-21
21-22
22-23

October YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
428,003
1,214,362
35.2%
466,266
1,282,831
36.3%
466,370
1,371,152
34.0%
548,181
1,470,251
37.3%
559,433
1,678,643
33.3%

* - 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
$1,800,000
$1,600,000
$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
$600,000
$600,000
$400,000
$400,000
$200,000
$200,000
$0
$0

October YTD
October YTD
Expenditures
Expenditures

Annual
Annual
Expenditures *
Expenditures *
18-19
18-19

19-20
20-21
19-20

21-22
20-21

22-23

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. Fiscal year 2022-23 budgeted general fund expenditures are 14.2% higher than the fiscal year 2021-22 actuals. Fiscal year 2022-23 actual general fund
expenditures through October are 2.1% higher than the same period in fiscal year 2021-22.
General fund expenditures increased 7.2% in fiscal year 2021-22 over fiscal year 2020-21. This followed an increase of 6.9% from 2020-21 over 2019-20 and an increase of 5.6% from
2019-20 over 2018-19 fiscal results.

General Government

18-19
19-20
20-21
21-22
22-23

October YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
44,767
114,393
39.1%
53,882
123,100
43.8%
52,812
154,211
34.2%
61,716
161,907
38.1%
66,271
208,038
31.9%

* - For prior years-total actual expenditures, for current year-total approved
budget

Better than Expected

Criminal
GeneralJustice
Government
$180,000
$250,000
$160,000
$140,000
$200,000
$120,000
$100,000
$150,000
$80,000
$100,000
$60,000
$40,000
$50,000
$20,000
$0

October YTD
Expenditures
October YTD
Expenditures
Annual
Expenditures
*
Annual
Expenditures *
18-19 19-20 19-20
18-19
20-21

20-21 22-23
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. Fiscal year 2022-23 budgeted general fund expenditures are 28.5% higher than the fiscal year 2021-22 actuals. Fiscal year 2022-23 actual
general fund expenditures through October are 7.4% higher than the same period in fiscal year 2021-22. Largest driver accounting for increase year over year is Human Resource's $4.2
million charge for the Firefighters Cancer Reimbursement Fund Assessment. Largest drivers accounting for the year on year increase in budget include $20 million in Information
Technology, additional $10 million in Human Resources of which $7 million is for additional Safety and Workers’ Compensation, $6 million in law, and $1.2 million in City Clerk.

General fund expenditures increased 5.0% in fiscal year 2021-22 over fiscal year 2020-21. This followed an increase of 25.3% from 2020-21 over 2019-20 and an increase of 7.6% from
2019-20 over 2018-19 fiscal results.
1

October General Fund YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Criminal Justice

18-19
19-20
20-21
21-22
22-23

October YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
11,561
33,387
34.6%
12,084
35,033
34.5%
12,126
36,162
33.5%
13,123
40,008
32.8%
14,103
43,390
32.5%

* - For prior years-total actual expenditures, for current year-total approved
budget

Expected

Criminal Justice
$50,000
October YTD
Expenditures

$40,000
$30,000

Annual
Expenditures *

$20,000
$10,000
$0
18-19

19-20

20-21

21-22

22-23

Criminal justice expenditures include costs for municipal courts and public defenders. Fiscal year 2022-23 budgeted general fund expenditures are 8.5% higher than the fiscal year 202122 actuals. Fiscal year 2022-23 actual general fund expenditures through October are 7.5% higher than the same period in fiscal year 2021-22.
General fund criminal justice expenditures increased 10.6% in fiscal year 2021-22 over fiscal year 2020-21. This followed an increase of 3.2% from 2020-21 over 2019-20 and an
increase of 4.9% from 2019-20 over 2018-19 fiscal results.

Public Safety

Public Safety

October YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
289,221
841,467
34.4%
305,142
893,403
34.2%
317,148
925,920
34.3%
330,301
992,648
33.3%
369,261
1,088,575
33.9%

$1,200,000

* - For prior years-total actual expenditures, for current year-total approved
budget

$0

18-19
19-20
20-21
21-22
22-23

$1,000,000

October YTD
Expenditures

$800,000
$600,000
$400,000

Annual
Expenditures *

$200,000
18-19

19-20

20-21

21-22

22-23

Monitor and Consider Taking Action
Public safety expenditures include costs for police and fire services. Fiscal year 2022-23 budgeted general fund public safety expenditures are 9.7% higher than the fiscal year 2021-22
actuals. Fiscal year 2022-23 actual general fund public safety expenditures through October are 11.8% higher than the same period in fiscal year 2021-22.
General fund public safety expenditures increased 7.2% in fiscal year 2021-22 over fiscal year 2020-21. This followed an increase of 3.6% from 2020-21 over 2019-20 and an increase of
6.2% from 2019-20 over 2018-19 fiscal results.

2

October General Fund YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Transportation

18-19
19-20
20-21
21-22
22-23

October YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
8,345
18,337
45.5%
7,985
19,748
40.4%
7,045
22,144
31.8%
8,094
23,166
34.9%
9,923
26,085
38.0%

* - For prior years-total actual expenditures, for current year-total approved
budget

Monitor and Consider Taking Action

CommunityTransportation
Development
$1
$30,000
$1

Series1

$1
$20,000

October YTD
Expenditures

$1
$0
$10,000
$0

Series2 Annual
Expenditures *

$0
$0
18-19

19-20

20-21

21-22

22-23

Transportation expenditures include costs for public transit and street maintenance and repair. 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. Fiscal year 2022-23 budgeted general fund transportation expenditures are 12.6% higher than the fiscal year 202122 actuals. Fiscal year 2022-23 actual general fund transportation expenditures through October are 22.6% higher than the same period in fiscal year 2021-22 due to the timing of AHUR
charges.
General fund transportation expenditures increased 4.6% in fiscal year 2021-22 over fiscal year 2020-21. This followed an increase of 12.1% from 2020-21 over 2019-20 and an increase
of 7.7% from 2019-20 over 2018-19 fiscal results.

Community Development

18-19
19-20
20-21
21-22
22-23

October YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
7,157
21,238
33.7%
8,161
22,542
36.2%
7,898
24,114
32.8%
9,013
28,225
31.9%
9,950
36,748
27.1%

* - For prior years-total actual expenditures, for current year-total approved
budget

Better than Expected

Community Development
$40,000
$35,000
$30,000
$25,000
$20,000
$15,000
$10,000
$5,000
$0

October YTD
Expenditures

Annual
Expenditures *
18-19

19-20

20-21

21-22

22-23

Community development expenditures include costs for economic development and neighborhood services. The fiscal year 2022-23 budgeted general fund community development
expenditures are 30.2% higher than the fiscal year 2021-22 actuals. Fiscal year 2022-23 actual general fund community development expenditures through October are 10.4% higher
than the same period in fiscal year 2021-22.
General fund community development expenditures increased 17.0% in fiscal year 2021-22 over fiscal year 2020-21. This followed an increase of 7.0% from 2020-21 over 2019-20 and
an increase of 6.1% from 2019-20 over 2018-19 fiscal results.
3

October General Fund YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Community Enrichment

18-19
19-20
20-21
21-22
22-23

October YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
59,378
156,552
37.9%
66,388
155,417
42.7%
60,808
158,589
38.3%
65,880
173,631
37.9%
75,137
197,458
38.1%

* - For prior years-total actual expenditures, for current year-total approved
budget

Community Enrichment
$240,000
October YTD
Expenditures

$200,000
$160,000
$120,000

Annual
Expenditures *

$80,000
$40,000
$0
18-19

Expected

19-20

20-21

21-22

22-23

Community enrichment expenditures include costs for parks, recreational activities, senior centers and community centers. Fiscal year 2022-23 budgeted general fund community
enrichment expenditures are 13.7% higher than the fiscal year 2021-22 actuals. Fiscal year 2022-23 actual general fund community enrichment expenditures through October are 14.1%
higher than the same period in fiscal year 2021-22.
General fund community enrichment expenditures increased 9.5% in fiscal year 2021-22 over fiscal year 2020-21. This followed an increase of 2.0% from 2020-21 over 2019-20 and a
decrease of 0.7% from 2019-20 over 2018-19 fiscal results.

Environmental Services

18-19
19-20
20-21
21-22
22-23

October YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
6,251
16,886
37.0%
9,774
19,180
51.0%
6,691
20,905
32.0%
10,830
26,508
40.9%
9,573
29,534
32.4%

* - For prior years-total actual expenditures, for current year-total approved
budget

Better than Expected

Environmental Services
$32,000
$28,000
$24,000
$20,000
$16,000
$12,000
$8,000
$4,000
$0

October YTD
Expenditures

Annual
Expenditures *
18-19

19-20

20-21

21-22

22-23

Environmental service expenditures include costs for maintaining and operating city facilities. Because environmental service expenditures are highly dependent on interdepartmental
charges, they tend to be very volatile. Fiscal year 2022-23 budgeted general fund environmental services expenditures are 11.4% higher than the fiscal year 2021-22 actuals. Fiscal year
2022-23 actual general fund environmental service expenditures through October are 11.6% lower than the same period in fiscal year 2021-22. The largest factor increasing annual
budget is additional personal services.
General fund environmental expenditures increased 26.8% in fiscal year 2021-22 over fiscal year 2020-21. This followed an increase of 9.0% from 2020-21 over 2019-20 and an increase
of 13.6% from 2019-20 over 2018-19 fiscal results.
4

Citywide
Expenditures
All expenditures of the City including those for
enterprise functions and those related to dedicated
revenue streams. Expenditures are reported in
total and by program.

October Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Total Citywide Operating

18-19
19-20
20-21
21-22
22-23

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
1,442,548
3,775,464
38.2%
1,450,722
3,814,963
38.0%
1,418,499
4,163,122
34.1%
1,785,763
4,488,949
39.8%
1,818,502
5,759,775
31.6%

* - 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
$7,000,000
$6,000,000

October YTD
Expenditures

$5,000,000
$4,000,000
$3,000,000
$2,000,000

Annual
Expenditures *

$1,000,000
$0
18-19

Better than Expected

19-20

20-21

21-22

22-23

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. Fiscal year 2022-23 budget includes program budgeted ARPA amounts. Without contingencies and vacancy savings, and including
programs budgeted for ARPA the budget for fiscal year 2022-23 anticipates an increase of 28.3% over fiscal year 2021-22 actuals in total operating
expenditures. Actual expenditures through October are 1.8% higher than the same period in the prior fiscal year.

General Government

18-19
19-20
20-21
21-22
22-23

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
46,301
138,349
33.5%
59,527
157,200
37.9%
73,614
207,451
35.5%
66,219
238,925
27.7%
93,816
245,463
38.2%

* - For prior years-total actual expenditures, for current year-total
approved budget

General Government
$300,000
$250,000

October YTD
Expenditures

$200,000
$150,000
$100,000

Annual
Expenditures *

$50,000
$0
18-19

Monitor and Consider Taking Action

19-20

20-21

21-22

22-23

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. Budget for fiscal year 2022-23 anticipates an increase of 2.7% over fiscal year 2021-22
actuals in total operating expenditures. Actual expenditures through October are 41.7% higher than the same period in 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.

5

October Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Criminal Justice
October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
12,256
42,530
28.8%
15,346
44,425
34.5%
14,938
44,147
33.8%
15,464
47,054
32.9%
16,449
51,449
32.0%

18-19
19-20
20-21
21-22
22-23

* - For prior years-total actual expenditures, for current year-total
approved budget

Criminal Justice
$60,000
October YTD
Expenditures

$50,000
$40,000
$30,000

Annual
Expenditures *

$20,000
$10,000
$0
18-19

Better than Expected

19-20

20-21

21-22

22-23

Criminal Justice expenditures include costs of the Municipal Court and the Public Defender’s office. Citywide criminal justice budget for fiscal year 2022-23
anticipates an increase of 9.3% over fiscal year 2021-22 actuals in total operating expenditures. Actual expenditures through October are 6.4% higher than
the same period in 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.

Public Safety
18-19
19-20
20-21
21-22
22-23

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
345,418
1,025,513
33.7%
374,072
1,110,457
33.7%
384,672
1,122,901
34.3%
411,464
1,228,901
33.5%
472,338
1,348,529
35.0%

* - For prior years-total actual expenditures, for current year-total
approved budget

Public Safety
$1,600,000
$1,400,000
$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
$0

October YTD
Expenditures
Annual
Expenditures *
18-19

19-20

20-21

21-22

22-23

Monitor and Consider Taking Action
Public Safety expenditures include costs of Police, Fire and Emergency Management. Citywide public safety budget for fiscal year 2022-23 anticipates an
increase of 9.7% over fiscal year 2021-22 actuals in total operating expenditures. Actual expenditures through October are 14.8% higher than the same
period in 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.

6

October Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Transportation

18-19
19-20
20-21
21-22
22-23

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
342,720
722,667
47.4%
425,627
774,492
55.0%
359,205
786,597
45.7%
460,730
797,084
57.8%
438,721
831,587
52.8%

* - 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

October YTD
Expenditures

Annual
Expenditures *

18-19

19-20

20-21

21-22

22-23

Transportation expenditures include costs for Street lighting, maintenance and repair, Aviation and Public Transit. Citywide transportation budget for fiscal year
2022-23 anticipates an increase of 4.3% over fiscal year 2021-22 actuals in total operating expenditures. Actual expenditures through October are 4.8% lower
than the same period in the prior fiscal year. Fiscal year 2021-22 financial results included a $70 million pension paydown. 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.

Community Development

18-19
19-20
20-21
21-22
22-23

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
64,320
195,716
32.9%
70,090
229,793
30.5%
85,193
245,310
34.7%
74,042
227,960
32.5%
83,547
306,574
27.3%

* - 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

October YTD
Expenditures

Annual
Expenditures *
18-19

Better than Expected

19-20

20-21

21-22

22-23

Community Development expenditures include costs for Neighborhood Services, Housing, Planning and Economic Development. Citywide community
development budget for fiscal year 2022-23 anticipates an increase of 34.5% over fiscal year 2021-22 actuals in total operating expenditures. Actual
expenditures through October are 12.8% higher than the same period in 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.

7

October Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Community Enrichment

18-19
19-20
20-21
21-22
22-23

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
110,504
317,465
34.8%
132,077
316,680
41.7%
143,799
390,805
36.8%
152,774
420,501
36.3%
177,354
479,012
37.0%

* - For prior years-total actual expenditures, for current year-total
approved budget

Community Enrichment
$600,000
October YTD
Expenditures

$500,000
$400,000
$300,000

Annual
Expenditures *

$200,000
$100,000
$0
18-19

19-20

20-21

21-22

22-23

Monitor and Consider Taking Action
Community Enrichment expenditures include costs for Parks, Libraries, the Convention Center, Senior Centers and Community Centers. Citywide community
enrichment budget for fiscal year 2022-23 anticipates an increase of 13.9% over fiscal year 2021-22 actuals in total operating expenditures. Actual
expenditures through October are 16.1% higher than the same period in 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.

Environmental Services

18-19
19-20
20-21
21-22
22-23

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
173,529
670,219
25.9%
245,568
692,524
35.5%
254,943
734,733
34.7%
288,056
752,386
38.3%
285,805
853,197
33.5%

* - For prior years-total actual expenditures, for current year-total
approved budget

Environmental Services
$900,000
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0

October YTD
Expenditures

Annual
Expenditures *

18-19

19-20

20-21

21-22

22-23

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 budget for fiscal year 2022-23 anticipates an increase of 13.4% over fiscal year 2021-22 actuals in total operating
expenditures. Actual expenditures through October are 0.8% lower than the same period in 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.

8

October Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34
General Obligation Debt Service

Citywide Debt Service Expenditures

18-19
19-20
20-21
21-22
22-23

October YTD
Annual
% of Annual
Expenditures
Expenditures *
Expenditures
178,236
116,634
152.8%
43,513
130,839
33.3%
44,213
131,938
33.5%
43,807
131,081
33.4%
120,380
198,070
60.8%

* - For prior years-total actual expenditures, for current year-total approved budget
net of credit for early redemption fund resources

$240,000
October YTD
Expenditures

$180,000
$120,000

Annual Expenditures *

$60,000
$0
18-19

19-20

20-21

21-22

22-23

Monitor and Consider Taking Action
General obligation debt service expenditures budget for fiscal year 2022-23 anticipates an increase of 51.1% over fiscal year 2021-22 actuals in total operating expenditures. Actual
expenditures through October are 174.8% higher than the same period in 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. Fiscal year 2022-23 budget increase includes $60 million for Municipal Building Debt Service. In fiscal year 2022-23, general obligations debt service includes a
$75 million partial defeasance of GO Refunding Series 2014 Bonds.

-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)
19-20

18-19

General Gov't

$

Refer to detailed financial schedules pages 22 - 34

384,131

$ 500,745

20-21

$

21-22

684,798

$ 525,852

Discussion:

22-23 (Budget)

22-23 (YTD)

$

$ 120,949

1,495,550

General Gov't

Major projects in fiscal year 2018-19 include $135 million for
street and sidewalk maintenance, $48 million on Light Rail,
$43 million transit bus and vehicle purchases, $33 million
major streets, $21 million parks and preserves
improvements, and $10 million for telephone system network
replacement.

22-23 (YTD)
22-23
(Budget)
21-22

Major projects in fiscal year 2019-20 include $131 million for
pavement maintenance, $100 million on Light Rail, $57
million for Talking Stick Arena Renovations, $47 million on
parks preserve development, community centers, and
development, $45 million bus and vehicle purchases, and
$18 million for major streets.

20-21
19-20
18-19

Major projects in fiscal year 2020-21 include $115 million on
the South Central Light Rail, $96 million for Talking Stick
Arena renovations, $69 million on Northwest Light Rail
extension, and $32 million to replace fare collection system.

$0

$500,000

$1,000,000

22-23 (Budget)

22-23 (YTD)

$

$

$1,500,000

Major projects in fiscal year 2021-22 include $117 million on South Central
Light Rail extension, $70 million on Northwest Light Rail extension, $29 million
to design and constructing roadway and drainage near the 303 and Carefree
Highway, $11 million replacement of Police Air Fleet, and $10 million street
improvement near Pinnacle Peak and 35th to 45th Ave.
Major projects budgeted for fiscal year 2022-23 include $195 million for Light
Rail extension, construction, right-of-way and acquisition of property, $76
million to purchase standard buses, design first corridor Bus Rapid Transit,
and add an operational garage, $76 million to acquire parcels along the
Capitol and I-10 corridor, $70 million to construct and complete major street
projects, $63 million for debt service/principal and interest for Aviation and
Convention Center, $25 million on funds for construction cost of affordable
housing, $21 million to improve three Pedestrian Hybrid Beacons, and $20
million to procure and implement a Time and Labor System. Additionally, there
is $100 million in contingency budget for undetermined capital expenditures.

19-20

18-19

Aviation

$

552,972

$ 254,523

20-21

$

172,418

21-22

$ 115,395

567,076

10,219

Discussion:

Aviation

Major projects in fiscal year 2018-19 include $268 million for PHX Sky Train stage 2
and $128 million for Terminal 4 South 1 concourse.

22-23 (YTD)

Major projects in fiscal year 2019-20 include $90 million for PHX Terminal 4 South
concourse and gates, $47 million for Runway, Apron and Taxiway Improvements, and
$10 million for PHX Sky Train.

22-23
(Budget)

Major projects in fiscal year 2020-21 include $51 million on Terminal 4 concourse, $24
million Terminal 4 Apron Concrete construction, $19 million garage demolition, and
$13 million on the 24th St parking lot.

21-22
20-21

Major events in fiscal year 2021-22 include $58 million in Aviation Bonds, $13 million
in New Crossfield Taxiway, $6 million on Terminal 4 South 1 Concourse, and $5
million on Phoenix Sky Train.

19-20
18-19
$0

$200,000

$400,000

$600,000

Major projects budgeted for fiscal year 2022-23 include $69 million for Concourse
Construction, $56 million for a New Crossfield Taxiway, $34 million to modernize
vertical and horizontal transportation equipment at Sky Harbor, $24 million to
reconstruct the West Air Cargo Apron, $21 million to replace and relocate the police
hangar at Phoenix Deer Valley Airport, $17 million to relocate American Airlines Cargo
Transfer Area, $17 million Paging System Upgrade, $13 million to relocate Taxiway at
Phoenix Deer Valley Airports, $12 million to replace Terminal 4 fire alarm/voice
evacuation system, and $11 million to facilitate the acquisition of land on the North
side of Phoenix Sky Harbor Airport. Additionally, the City budgets $189 million in
contingencies for the Airport Development Plan.

- 10 -

Capital Expenditures (Dollars in Thousands)

Phx Convention Ctr

18-19

19-20

$ 36,542

$ 52,148

Refer to detailed financial schedules pages 22 - 34

20-21

$

31,640

21-22

22-23
(Budget)

22-23
(YTD)

$ 84,751

$ 169,543

$136,006

Discussion:

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. Fiscal year 2021-22 includes the
$47 million purchase of 100 West Washington
Street.

22-23 (YTD)
22-23 (Budget)
21-22
20-21
19-20
18-19
$0

Fiscal year 2022-23 budget includes $150 million
to design and construct the second phase of
building and garage renovations at 100 West
Washington Street.

18-19

Solid Waste

$

7,857

19-20

$

5,490

20-21

$

8,796

$40,000

22-23
(Budget)

21-22

$ 28,986

$

28,938

$80,000

$120,000

$160,000

22-23
(YTD)

$ 12,663

Discussion:

Solid Waste

In fiscal year 2018-19 Solid Waste spent $4.5 million on North Gateway material recovery
facility upgrade and $1.5 million on State Route 85 Landfill.

22-23 (YTD)

In fiscal year 2019-20 Solid Waste spent $3 million in transfer stations, $1 million at State
Route 85, and $1 million for Skunk Creek as monitoring and maintenance.

22-23 (Budget)

In fiscal year 2020-21 Solid Waste spent $4.5 million on Excavate and line Cell 2 at the
State Route 85 Landfill, $1.2 million Dixileta payment replacement at self-haul area, and
$1.1 million at the 27th Ave trommel machine.

21-22
20-21

In fiscal year 2021-22 Solid Waste spent $24 million on replacing and upgrading aging
equipment at 27th Ave and North Gateway Transfer Stations Material Recovery Facilities.

19-20
18-19
$0

$15,000

$30,000

$45,000

Major projects budgeted for fiscal year 2022-23 include $8.4 million at State Route 85 for
excavating and lining along with methane gas extraction systems, $4.6 million at transfer
stations, and $3.9 million to purchase replacement vehicles. Additionally, the City budgets
$2.5 million in contingency funding for unexpected expenditures.

- 11 -

Capital Expenditures (Dollars in Thousands)
18-19

Wastewater

$

97,890

Refer to detailed financial schedules pages 22 - 34

19-20

$

123,141

20-21

$

77,339

21-22

22-23
(Budget)

22-23
(YTD)

$ 182,710

$ 507,970

$ 40,852

Discussion:
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.

Wastewater
22-23 (YTD)

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 at
23rd Ave, $13.1 million at Cave Creek, and $13.1 million
on lift stations.

22-23 (Budget)
21-22
20-21

In fiscal year 2020-21 Wastewater spent $12.4 million on
91st Ave plant equipment, $10.1 million for 23rd Ave Grit
Basin Replacement, $6.9 million citywide to rehabilitate
small diameter sewers, and $4.7 million for 23rd Ave
equipment replacement.

19-20
18-19
$0

In fiscal year 2021-22 Wastewater spent $49.8 million on
Lift Stations, $33.2 million on Dixileta Dobbins North
Gravity Sewer, $22.7 million primarily rehabbing at 91st
Ave, $16.3 million at 23rd Ave including designing and
constructing a new grit basin, $6.6 million rehabbing
small diameter sewers citywide, $5.9 million rehabbing
Cave Creek Reclamation Plant, $3 million 32nd Street
sanity sewer between Cortez Street and Cactus Road,
and $3.0 million for Sewer Relocation due to Light Rail.

$200,000

$400,000

$600,000

Major projects budgeted in fiscal year 2022-23 include $26 million for Dixileta Dobbins North Gravity
Sewer, $20 million on growth-related wastewater infrastructure in Desert View area, $18 million to
replace and rehabilitate equipment used in solids thickening, $18 million to rehabilitate Plant 2
equipment at 91st Ave, $14 million to rehabilitate small sewers citywide, $13 million for rehabilitate or
replacing PVC-lined concrete sanitary interceptors, $11 million 23rd Ave Grit Basin Replacement, and
$10 million to rehabilitate or replace large diameter sewers. In addition, budget has $165 million for
contingencies and $186 million in wastewater projects under $10 million.

18-19

Water System

$

289,858

19-20

$

252,146

20-21

$

434,000

21-22

22-23
(Budget)

22-23
(YTD)

$ 205,485

$ 389,162

$ 35,998

Discussion:

Water System
22-23 (YTD)

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.

22-23
(Budget)
21-22

In fiscal year 2020-21 water spent $153 million on water main from 24th Street
treatment plant to 32nd Street and Bell Road, $110.0 million on water boosters,
and $19.9 million on transmission main rehabilitation.

20-21
19-20
18-19
$0

$100,000 $200,000 $300,000 $400,000

In fiscal year 2021-22 largest water projects include $47 million on Dixileta
Dobbins to install water infrastructure, $21 million on relocating waterlines along
the Light Rail, $15 million to provide power redundancy at 24th Street Water
Treatment Plant, $12 million to repair and replace leaking water services from
main to meter, and $9 million in underground Aquifer water storage.
Major projects budgeted in fiscal year 2022-23 include $51 million for the
Southern/Northern Water Growth Projects for growth-related water infrastructure,
$26 million for water engineering and construction labor, $25 million on Booster
Pump Stations, $22 million at DVWTP to relocate existing chemical storage and
related chemical feed pumping systems to upgrade and replace aging facilities,
$22 million on underground Aquifer Water Storage, $11 million for 24th Street
WTP rehabilitation, $11 million Remote Facilities Rehab and Replacement, and
$10 million to Acquire Additional Water Resources. Additionally, the City budgets
$105 million for Water Contingencies.

- 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
$1,800,000
$1,600,000
$1,400,000
$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
$0

October YTD Revenues

Annual Revenues*

18-19

18-19
19-20
20-21
21-22
22-23

October YTD Revenues
342,914
365,435
478,763
436,564
522,895

19-20

Annual
Revenues*
1,220,768
1,307,357
1,491,537
1,508,526
1,589,483

20-21

21-22

22-23

% of Annual
Revenues
28.1%
28.0%
32.1%
28.9%
32.9%

* - For prior years - total actual revenues, for current year - total approved budget

Better than Expected
Fiscal year 2022-23 general fund operating revenues are budgeted to increase 5.4% over prior year actuals. Actual revenues through October are 19.8%
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
101,652

210,000

107,555

115,069

124,847

119,973

180,000

Secondary

150,000
120,000
90,000

162,129

170,209

182,043

199,194

192,215

Primary

60,000
30,000

11,947

-

18,896
18-19

FY
18-19
19-20
20-21
21-22
22-23 YTD
22-23 Budget

Total
263,781
277,764
297,112
312,188
30,843
324,043

July
(1,049)
(1,141)
(1,619)
(1,490)
(1,541)
(1,553)

19-20

Aug
688
1,081
1,541
1,141
1,275
1,375

Sept
980
647
1,288
1,040
1,357
1,087

20-21

Oct
12,601
11,579
21,550
24,048
29,752
20,887

Nov
91,331
106,458
89,520
101,285
108,589

21-22

Dec
30,444
23,612
38,512
33,534
34,943

22-23 YTD

Jan
13,302
14,875
15,608
18,086
17,742

Feb
5,422
7,447
6,612
6,889
7,652

22-23 Budget

Mar
8,130
8,185
9,456
8,972
9,722

Apr
12,026
12,116
15,171
15,063
15,470

May
68,870
66,043
76,862
71,096
78,174

June
21,036
26,862
22,611
32,524
29,953

Note: Monthly budget amount for 22-23 is the average % of last 3 years of the total budget amount

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 3.8% in fiscal year 2022-23 over fiscal year 2021-22 actuals.

- 14 -

Primary
Secondary
162,129
101,652
170,209
107,555
182,043
115,069
192,215
119,973
18,896
11,947
199,194
124,847

Local Sales Tax Revenues (Dollars in Thousands)
Refer to detailed financial schedules pages 22 thru 34

Local Sales Tax
Budget vs Actual
90,000
80,000
70,000
60,000
50,000
22-23 Actuals

40,000

22-23 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
Local Sales Tax for fiscal year 2022-23 are budgeted to decrease 4.2% over fiscal year 2021-22 actual results. Year-to-date through October are 21.9% higher than budget
expectations. City of Phoenix revenue is budgeted on an annual basis. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the annual budget. Monthly
budget amounts are calculated based on an allocation of fiscal year 2018-19 through fiscal year 2021-22 actual expenditures.

Local Sales Tax
3 Year Trend
90,000
80,000
70,000
60,000

20-21 Actuals

50,000

21-22 Actuals

40,000

22-23 Actuals

30,000
20,000
10,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Through October fiscal year 2022-23 Local Sales Tax revenues increased 20.6% than the same period in prior year. For the entire fiscal year 2021-22 Local Sales Tax for the
full year increased 17.8% over fiscal year 2020-21. Fiscal year 2020-21 increased 12.2% over 2019-20 full year results.

- 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

22-23
Actuals

15,000

22-23
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

State Sales Tax for fiscal year 2022-23 are budgeted to decrease 1.2% over fiscal year 2021-22 actual results. Year-to-date through October are 9.1% higher than
budget expectations. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on
an allocation of fiscal year 2018-19 through fiscal year 2021-22 actual expenditures.

State Sales Tax
3 Year Trend
30,000
25,000
20,000
20-21 Actuals

15,000

21-22 Actuals
22-23 Actuals

10,000
5,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Through October fiscal year 2022-23 State Sales Tax revenues are higher 7.7% than the same period in prior year. For the entire fiscal year 2021-22 State Sales Tax for
the full year increased 14.2% over fiscal year 2020-21. Fiscal year 2020-21 increased 17.1% over 2019-20 full year results.

- 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

22-23
Actuals

6,000

22-23 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
Vehicle License Tax for fiscal year 2022-23 are budgeted to increase 5.6% over fiscal year 2021-22 actual results. Year-to-date through October are 7.8% lower than budget
expectations. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of fiscal
year 2018-19 through fiscal year 2021-22 actual expenditures.

Vehicle License Tax
3 Year Trend

12,000
10,000

20-21 Actuals

8,000

21-22 Actuals

6,000

22-23 Actuals

4,000
2,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Through October fiscal year 2022-23 Vehicle License Tax revenues increased 1.4% than the same period in prior year. For the entire fiscal year 2021-22 Vehicle License Tax for the
full year decreased 1.3% over fiscal year 2020-21. Fiscal year 2020-21 increased 13.2% over 2019-20 full year results.

- 17 -

Governmental Funds Revenues (Dollars in Thousands)
Refer to detailed financial schedules pages 22 thru 34

Governmental Funds Revenues
Budget vs Actual

600,000
500,000

22-23
Budget

400,000
300,000

2022-23
Actuals

200,000
100,000
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 funds for fiscal year 2022-23 are budgeted to increase 9.5% over fiscal year 2021-22 actual results.
Year-to-date through October are 2.9% lower than budget expectations. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the annual budget.
Monthly budget amounts are calculated based on an allocation of fiscal year 2018-19 through fiscal year 2021-22 actual expenditures.

Governmental Funds Revenues
3 Year Trend

600,000
500,000
400,000

2020-21
Actuals

300,000

2021-22
Actuals

200,000

2022-23
Actuals

100,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Through October fiscal year 2022-23 Governmental Funds revenues increased 11.5% than the same period in prior year. For the entire fiscal year 2021-22
Governmental Funds for the full year increased 8.1% over fiscal year 2020-21. Fiscal year 2020-21 increased 14.4% over 2019-20 full year results.

- 18 -

Aviation Revenues (Dollars in Thousands)
Refer to detailed financial schedules pages 22 thru 34

Aviation Operating Revenues
Budget vs Actual

100,000
90,000
80,000
70,000

22-23 Actuals

60,000
50,000

22-23 Budget

40,000
30,000
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
Aviation operating revenues for fiscal year 2022-23 are budgeted to decrease 11.4% over fiscal year 2021-22 actual results. Year-to-date through October are 8.4% lower than budget
expectations. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of fiscal year
2018-19 through fiscal year 2021-22 actual expenditures.

Aviation Operating Revenues
3 Year Trend

200,000

150,000
20-21 Actuals
100,000
21-22 Actuals
22-23 Actuals

50,000

July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Through October fiscal year 2022-23 Aviation revenues decreased 4.6% than the same period in prior year. For the entire fiscal year 2021-22 Aviation revenue for the full year increased
46.6% over fiscal year 2020-21. Fiscal year 2020-21 increased 8.0% over 2019-20 full year results.

- 19 -

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

22-23 Actuals

30,000

22-23 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 Operating revenues for fiscal year 2022-23 are budgeted to increase 6.7% over fiscal year 2021-22 actual results. Year-to-date through October are 4.8% lower than budget
expectations. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of fiscal year
2018-19 through fiscal year 2021-22 actual expenditures.

Water System Operating Revenues
3 Year Trend

70,000
60,000
50,000
40,000

20-21 Actuals

30,000

21-22 Actuals

20,000

22-23 Actuals

10,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Through October fiscal year 2022-23 Water System Operating revenues increased 11.3% than the same period in prior year. For the entire fiscal year 2021-22 Water System Operating
revenue for the full year increased 0.0% over fiscal year 2020-21. Fiscal year 2020-21 increased 8.4% over 2019-20 full year results.

- 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

22-23 Budget

15,000

22-23 Actuals

10,000
5,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Year to Date Performance Status
Monitor and Consider Taking Action
Wastewater Operating revenues for fiscal year 2022-23 are budgeted to increase 0.8% over fiscal year 2021-22 actual results. Year-to-date through October are 9.6% lower than budget
expectations. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of fiscal year
2018-19 through fiscal year 2021-22 actual expenditures.

Wastewater Operating Revenues
3 Year Trend

30,000
25,000
20,000

20-21 Actuals

15,000

21-22 Actuals

10,000

22-23 Actuals

5,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Through October fiscal year 2022-23 Wastewater Operating revenues decreased 7.6% than the same period in prior year. For the entire fiscal year 2021-22 Wastewater revenue for the
full year increased 4.8% over fiscal year 2020-21. Fiscal year 2020-21 increased 0.8% over 2019-20 full year results.

- 21 -

General Funds
Summary
Presents comparisons of year-to-date balances to
the fiscal year budget and to the actual results for the
prior year for the general fund.

General Fund Revenue
As of OCTOBER 31
(dollars in thousands)
Budget
Estimate
2022-2023

Actual
Year-to-Date
2022-2023
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

$

$

631,431
3,006

$

238,859 $
412

198,103
638

227,155
310,387
83,100
199,194
2,872
9,000

85,341
102,728
29,515
18,896
880
(123)

79,207
71,903
29,114
15,140
858
1

8,184
920
14,154
399
5,722
1,828
6,818

2,612
255
2,914
161
2,361
620
5,125

2,771
306
3,609
312
1,796
649
4,346

44,313
1,500
17,518
5,550
16,432

16,144
423
7,123
3,570
5,081

14,813
270
6,728
974
5,027

1,589,483

- 22 -

$

522,899

$

436,565

General Fund Expenditures
As of OCTOBER 31
(dollars in thousands)
Budget
Estimate
2022-2023

Actual
Year-to-Date
2022-2023
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

$

2,507
6,384
8,758
81,198
3,409
3,011
29,766
3,323
8,630
29,253
4,806
25,546
1,446
208,038

$

780 $
1,590
2,724
25,747
1,024
866
9,322
917
1,909
10,535
1,935
7,356
1,565
66,271

836
1,516
2,605
23,360
1,185
1,055
8,512
965
2,036
9,079
1,645
7,622
1,301
61,715

Criminal Justice
Municipal Court
Public Defender
Total Criminal Justice

37,568
5,822
43,390

12,573
1,529
14,103

11,351
1,772
13,123

Public Safety
Police
Fire
Others
Total Public Safety

659,530
429,045
1,088,575

221,814
147,447
369,261

199,329
130,834
138
330,301

Transportation
Street Transportation
Public Transit
Total Transportation

24,194
1,891
26,085

8,032
1,890
9,923

6,452
1,642
8,094

Community Development
Economic Development
Neighborhood Services Department
Planning and Development
Others
Total Community Development

9,599
18,478
6,608
2,063
36,748

2,292
5,763
1,300
594
9,950

2,407
5,092
1,415
99
9,012

Community Enrichment
Parks and Recreation
Library
Human Services
Others
Total Community Enrichment

116,611
45,841
26,042
8,964
197,458

41,787
19,115
9,656
4,579
75,137

38,205
17,801
6,276
3,598
65,880

Environmental Services
Public Works
Environmental Programs
Others
Total Environmental Services

27,275
1,561
698
29,534

8,903
371
299
9,573

10,271
293
266
10,830

Capital Improvement

48,815

5,216

49,225

Vacancy Savings

(20,000)

-

-

Contingencies

120,788

-

-

559,433 $

548,180

Total Expenditures and Encumbrances

$

1,779,432

- 23 -

$

Citywide
Summary
Presents the City's summarized comparisons of the
year-to-date balances to the fiscal year budget and to
the actual results for the prior year.

Citywide Operating Revenue
As of OCTOBER 31
(dollars in thousands)

Source
General Funds
Local Taxes:
Sales Taxes
Privilege License Fees
State Shared Taxes:
State Sales Tax
State Income Tax
Vehicle License Tax
Primary Property Tax
Licenses and Permits
Cable Communications
Municipal Court
Police
Library Fees
Parks and Recreation
Planning & Development
Street Transportation
Fire
Interest
Other Fees and Service Charges

Budget
Estimate
2022-2023
$

Total General Funds

631,431
3,006

238,859 $
412

198,103
638

227,155
310,387
83,100
199,194
2,872
9,000
9,104
14,154
399
5,722
1,828
6,818
63,331
5,550
16,432

85,341
102,728
29,515
18,896
880
(123)
2,867
2,914
161
2,361
620
5,125
23,690
3,570
5,081

79,207
71,903
29,114
15,140
858
1
3,076
3,609
312
1,796
649
4,346
21,810
974
5,027

1,589,484

522,897

436,564

48,135
121,626
48,790
9,562
364,611
4,533
81,725
6,299
28,455
154,999
45,672
6,045
48,379
771,327
128,978

16,501
44,402
16,957
2,273
123,426
(660)
45,360
2,174
7,363
49,433
12,409
1,004
(3,826)
2,637
11,951

13,662
35,118
13,960
2,061
97,010
2,270
37,453
2,087
5,809
50,945
1,120
1,170
3,561
53,894
9,599

1,869,135

331,403

329,718

508,516
91,686
525,269
268,890
196,668

124,886
32,485
208,188
82,474
68,332

130,886
22,283
187,073
89,241
65,969

1,591,028

516,366

495,451

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
2022-2023
2021-2022

5,049,647

- 24 -

$

$ 1,370,666 $ 1,261,733

Citywide Operating Expenditures
As of OCTOBER 31
(dollars in thousands)

Source
General Government
General Funds
Other Funds
Total General Government

Actual
Year-to-Date
2022-2023
2021-2022

Budget
2022-2023

66,271 $
27,545
93,816

61,716
4,503
66,219

43,390
8,059
51,449

14,103
2,346
16,449

13,123
2,341
15,464

Public Safety
General Funds
Other Funds
Total Public Safety

1,088,575
259,954
1,348,529

369,261
103,077
472,338

330,301
81,163
411,464

Transportation
General Funds
Other Funds
Total Transportation

26,085
805,502
831,587

9,923
428,798
438,721

8,094
452,636
460,730

Community Development
General Funds
Other Funds
Total Community Development

36,748
269,826
306,574

9,950
73,597
83,547

9,013
65,029
74,042

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

197,458
281,554
479,012

75,137
102,217
177,354

65,880
86,894
152,774

Environmental Services
General Funds
Other Funds
Total Environmental Services

29,534
823,663
853,197

9,573
276,232
285,805

10,830
277,226
288,056

Debt Service
General Funds
Other Funds
Total Debt Service

198,070
198,070

120,380
120,380

43,807
43,807

48,815
1,288,631
1,337,446

5,216
124,878
130,094

49,225
214,804
264,029

American Rescue Plan Act
General Funds
Other Funds
Total American Rescue Plan Act

108,448
108,448

-

9,178
9,178

Vacancy Savings
General Funds
Other Funds
Total Vacancy Savings

(20,000)
(20,000)

-

-

Contingencies
General Funds
Other Funds
Total Contingencies

120,788
65,500
186,288

-

-

1,779,431
4,146,632
5,926,063

559,434
1,259,070
1,818,502 $

$

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

$

208,038
37,425
245,463

$

$

- 25 -

548,182
1,237,581
1,785,763

Citywide
Detail
Presents, in detail, the results of the City's operations
for the current month and for the fiscal year-to-date.
Included are breakdowns of the City's revenues,
operating budget expenditures, capital budget
expenditures and bonds authorized and sold.

Citywide Operating Revenue by Source
For the Month Ended
OCTOBER 31
2022
2021

Budget
Estimate
2022-2023

Source

Actual Year-to-Date
2022-2023
2021-2022

General Funds
$

81,272,843
100,185
81,373,028

$

50,734,265
(177,865)

Local Taxes:
Sales Taxes
Privilege License Fees

$

631,430,699
3,006,300

$

238,859,186
412,240

$

198,103,240
638,249

50,556,400

Total Local Taxes

634,436,999

239,271,426

198,741,489

18,917,845
25,681,939
6,676,319

18,259,060
17,673,908
6,970,337

State Shared Taxes:
State Sales Tax
State Income Tax
Vehicle License Tax

227,155,000
310,387,000
83,100,000

85,341,211
102,727,757
29,515,162

79,207,332
71,902,674
29,114,369

51,276,103

42,903,305

620,642,000

217,584,130

180,224,375

18,226,629

14,724,225

Primary Property Tax

199,194,000

18,895,587

15,140,195

196,660

274,597

Licenses and Permits

2,872,000

880,443

858,314

0

0

Cable Communications

9,000,000

(122,815)

746

647,205
56,469

Municipal Court:
Fines and Forfeitures
Court Default Fee

8,184,192
920,000

2,612,489
254,686

2,770,678
305,664

606,753
60,189
666,942

703,674

599,246

1,268,440

21,200

6,256

541,173

438,812

167,562
334,790

Total State Shared Taxes

Total Municipal Court

9,104,192

2,867,175

3,076,342

14,154,183

2,913,744

3,608,629

399,106

161,450

311,977

Parks and Recreation

5,722,212

2,360,557

1,796,201

126,506

Planning and Development

1,828,100

620,010

648,624

426,249

Street Transportation

6,818,100

5,124,668

4,346,368

Fire:
Emergency Transportation Service
Hazardous Materials Inspection Fee
Other

44,313,000
1,500,000
17,517,798

16,144,139
422,925
7,122,610

14,812,536
269,525
6,727,938

63,330,798

23,689,674

21,809,999

Police
Library Fees

3,396,016
64,125
2,652,879

3,647,413
60,975
2,665,102

6,113,020

6,373,490

1,079,379

216,778

Interest

5,550,000

3,570,074

973,500

1,022,390

429,991

Other Fees and Service Charges

16,431,605

5,080,559

5,027,236

161,618,122

118,448,723

1,589,483,295

522,896,682

436,563,995

Total Fire

Total General Funds

26

Citywide Operating Revenue by Source (continued)
For the Month Ended
OCTOBER 31
2022
2021

Budget
Estimate
2022-2023

Source

Actual Year-to-Date
2022-2023
2021-2022

Special Revenue and Debt Service Funds
$

3,785,701
270,407
1,352,036
34,505

$

5,442,649
12,274,967
4,383,153
38,925

$
$
$

16,697,045
5,596,655
297,874
0
148,910
6,637
28,473

Neighborhood Protection:
Police Neighborhood Protection
Police Blockwatch
Fire Neighborhood Protection
Interest/Other

3,531,309

Total Neighborhood Protection

5,569,888
1,368,241
10,885
6,949,014

$
$
$
$
$
$

481,894
36,712,064
3,906,715

2,466,037
176,146
880,729
8,397

$
$

40,618,779

3,564,506
375,739
0
188,109
987
22,479

33,490,615
2,391,688
11,960,435
292,000

$

11,442,085
817,292
4,086,459
155,316

$

9,420,357
672,883
3,364,414
204,810

48,134,738

16,501,152

13,662,464

92,559,251
28,948,147
119,000

33,320,497
10,931,109
150,139

26,585,299
8,480,094
52,616

121,626,398

44,401,745

35,118,009

Parks and Preserves

48,789,684

16,957,341

13,959,511

Golf Courses:
Fees
Coffee Shops
Concessions
Interest
Other

6,142,000
0
2,907,000
7,000
505,976

1,253,683
0
845,066
22,982
151,150

1,159,791
0
751,674
4,458
145,088

Public Safety Enhancement & Expansion:
Police
Fire
Interest/Other
Total Public Safety Enhancement & Expansion

587,314

Total Golf Courses

9,561,976

2,272,881

2,061,011

24,199,555
1,832,648

Transit 2000 & 2050:
Sales Taxes
Interest/Other

326,454,730
38,156,549

111,248,780
12,177,568

91,815,979
5,194,103

26,032,203

0

$

0

7,910,355

$

4,994,219

663,189

$

587,085

2,228,540
97,441

$
$

1,553,290
20,564

2,325,981

$

1,573,854

364,611,279

123,426,348

97,010,082

Court Awards

Total Transit 2000 & 2050

4,532,715

(660,123)

2,270,062

Planning and Development

81,725,100

45,359,965

37,452,576

Capital Construction

6,299,234

2,173,745

2,087,204

Sports Facilities:
Sales Taxes
Interest/Other

24,576,788
3,877,936

7,035,096
327,528

5,723,004
86,258

28,454,724

7,362,624

5,809,262

Total Sports Facilities

27

Citywide Operating Revenue by Source (continued)
For the Month Ended
OCTOBER 31
2022
2021

Budget
Estimate
2022-2023

Actual Year-to-Date
2022-2023
2021-2022

154,499,000
500,000
0

48,745,766
653,079
33,347

50,565,487
152,888
226,300

Total Highway User Revenue

154,999,000

49,432,192

50,944,675

Local Transportation Assistance

0

0

0

Source
Special Revenue and Debt Service Funds (Cont'd)

$

12,724,003
203,370
2,050

12,729,459
37,730
80,000

12,929,423

12,847,189

-

$

-

Highway User Revenue:
Highway User Revenue
Interest
Other

3,935,362

1,688,340

Regional Transit Revenues

45,671,569

12,408,895

1,119,502

14,329

(12,001)

Community Reinvestment

6,045,200

1,004,419

1,169,723

(1,222,103)

3,998,165

Other Restricted Fees

48,378,624

(3,825,697)

3,560,760

405,194
7,686,882
1,176,973

436,974
7,774,258
1,429,114

Grants:
Public Housing:
Rentals
Grants
Other

5,540,493
124,466,359
27,004,331

1,522,982
39,054,981
(344,460)

1,935,959
35,009,738
6,110,107

9,269,049

9,640,346

157,011,183

40,233,503

43,055,804

4,053,238
3,182,666
15,783
3,449,911

3,950,947
20,359,437
62,858
3,509,895

76,011,213
96,561,074
54,728,038
387,015,508

4,732,257
(34,642,851)
(6,025,884)
(1,660,497)

5,981,032
(4,275,601)
(4,445,128)
13,577,830

10,701,598

27,883,137

Total Other

614,315,833

(37,596,975)

10,838,133

19,970,647

37,523,483

Total Grants

771,327,016

2,636,528

53,893,937

124,847,420
4,130,117

11,946,962
4,067

9,599,071
1

128,977,537

11,951,029

9,599,072

1,869,134,794

331,403,044

329,717,850

98,741,306
304,230,075
2,390,000
94,827,511
3,082,175
3,914,572
1,330,000

33,841,713
112,804,139
1,730,426
(26,562,501)
1,130,636
1,131,004
810,553

31,641,802
94,838,237
284,803
1,722,404
967,893
1,192,468
237,895

508,515,639

124,885,970

130,885,502

11,525,102
0

9,324,191
1

11,525,102

9,324,192

126,889,307

113,188,872

$

Total Public Housing
Other:
Human Resources
Federal Transit Administration
Community Development
Other

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:

8,234,329
30,700,022
563,364
1,051,034
342,720
277,032
249,984

7,912,126
22,543,922
73,506
747,886
249,016
319,251
57,680

41,418,485

31,903,387

Sky Harbor:
Airlines
Concessions
Interest
Other
Phoenix-Goodyear
Phoenix-Deer Valley
Phoenix-Customer Facility Charge
Total Aviation

28

Citywide Operating Revenue by Source (continued)
For the Month Ended
OCTOBER 31
2022
2021

Budget
Estimate
2022-2023

Source

Actual Year-to-Date
2022-2023
2021-2022

Enterprise Funds (Cont'd)
CONVENTION CENTER:
$

8,609,299
2,210,808
130,249

5,117,759
1,580,881
18,326

10,950,356

6,716,966

41,697,595
221,199
462,878
950,299
419,520
522,547
550,546

40,296,234
212,738
510,495
(87,994)
607,341
106,963
(2,387,923)

44,824,584

39,257,854

Excise Taxes
Operating Revenue
Interest
Total Convention Center

73,883,063
17,349,462
453,000

25,112,479
6,980,409
392,205

18,356,362
3,854,730
71,777

91,685,525

32,485,093

22,282,869

495,373,898
3,000,000
5,461,000
9,119,120
6,200,000
6,953,000
(838,421)

191,677,644
1,000,746
3,867,909
3,235,158
2,083,080
1,668,507
4,654,970

180,239,801
875,313
7,623,068
3,181,438
2,125,401
442,305
(7,413,913)

525,268,597

208,188,014

187,073,413

WATER SYSTEM:
$

Water Sales
Water Service Fees
Distribution
Intergovernmental
Development Fees
Interest
Other

$

Total Water System
WASTEWATER:

17,351,345
1,753,552
399,960
471,696
2,424,810

17,699,481
(267,490)
591,300
140,593
148,129

Sewer Service Charges
Multi-City
Development Fees
Interest
Other

216,761,657
17,370,062
7,000,000
3,953,000
23,805,606

66,365,413
5,660,230
1,949,100
1,601,218
6,898,470

70,730,477
7,347,144
2,070,913
603,813
8,488,391

22,401,363

18,312,013

Total Wastewater

268,890,325

82,474,431

89,240,738

14,730,442
1,211,786
82,969
877,934

14,259,729
1,044,874
17,697
1,137,959

174,865,017
13,285,000
170,000
8,348,370

58,797,751
4,951,715
276,037
4,306,554

57,010,480
4,520,883
69,168
4,368,220

SOLID WASTE:

$

16,903,131

16,460,259

136,497,919

112,650,479

425,005,348

$

344,288,074

Collection Fees
Landfill Fees
Interest
Other
Total Solid Waste
Total Enterprise Funds
Total Operating Revenues

$

29

196,668,387

68,332,057

65,968,751

1,591,028,473

516,365,565

495,451,273

5,049,646,562

$

1,370,665,291

$

1,261,733,118

Citywide Operating Expenditures by Program
For the Month Ended
OCTOBER 31
2022
2021

Program

Budget
Estimate
2022-2023

2022-2023 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

Actual Year-to-Date
2022-2023
2021-2022

General Government
$

221,379 $
398,809
915,345
6,829,600
297,121
220,997
276,277
2,315,455
193,718
513,042
(6,088,060)
265,413
9,746
548,575
2,541,015
(256,920)

176,559
340,448
648,261
6,639,446
73,069
229,574
204,504
1,943,213
149,314
263,214
5,390,188
194,080
11,964
308,121
1,420,249
336,749

9,201,512

18,328,953

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

2,507,342
6,384,019
9,383,176
93,020,341
1,312,698
3,635,481
3,499,236
31,853,781
3,323,074
8,630,568
29,834,654
641,300
117,915
4,806,301
40,722,038
5,790,783

$

780,130
1,590,165
2,971,617
29,684,833
640,482
1,108,111
1,037,389
9,924,308
916,866
1,909,334
29,154,382
1,001,169
45,785
1,935,121
11,050,734
65,467

$

835,536
1,515,514
2,698,391
24,244,302
425,539
1,190,932
1,163,881
9,097,988
964,980
2,036,024
9,395,765
823,265
51,909
1,644,723
9,695,370
435,299

$

780,130
1,590,165
2,971,617
26,029,139
640,482
1,108,111
1,037,389
9,924,308
916,866
1,909,334
28,960,610
1,001,169
45,785
1,935,121
8,002,937
65,467

3,655,695
193,772
3,047,796
-

245,462,707

93,815,894

66,219,417

86,918,631

6,897,263

45,627,473
5,821,708

14,919,371
1,529,205

13,691,334
1,772,234

13,228,916
1,529,205

1,690,455
-

51,449,181

16,448,576

15,463,567

14,758,122

1,690,455

851,356,532
497,172,879
-

296,728,231
175,609,906
289

248,656,979
162,448,025
358,902

296,205,564
175,181,304
289

522,667
428,602
-

1,348,529,411

472,338,425

411,463,906

471,387,157

951,269

Criminal Justice
3,251,467
443,941

3,093,077
426,093

3,695,408

3,519,170

Municipal Court
Public Defender
Total Criminal Justice
Public Safety

62,116,251
33,794,203
-

51,975,996
28,769,785
73,057

95,910,454

80,818,838

Police
Fire
Other
Total Public Safety

-30-

Citywide Operating Expenditures by Program (continued)
For the Month Ended
OCTOBER 31
2022
2021

Budget
Estimate
2022-2023

Program

2022-2023 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

Actual Year-to-Date
2022-2023
2021-2022

Transportation
$

9,689,920
744,428
31,564,597
5,704,472
47,703,417

$

5,603,582
560,088
31,025,531
20,869,365

Street Transportation
Street Lighting
Aviation
Public Transit

58,058,566

Total Transportation

$

122,011,150
9,224,160
407,090,969
293,260,282

$

45,179,289
4,067,954
136,862,785
252,610,728

$

42,024,006
4,107,018
189,943,422
224,655,926

$

42,828,773
4,067,954
103,122,429
252,610,728

2,350,516
33,740,356
-

831,586,561

438,720,756

460,730,373

402,629,884

36,090,872

Community Development
6,319,923
9,422,266
3,942,788
2,383,552

6,515,528
8,330,592
1,087,155
2,052,294

Planning and Development
Housing
Economic Development
Neighborhood Services Department

90,299,394
123,746,419
24,460,571
68,067,495

27,195,680
38,170,997
8,103,344
10,076,950

25,121,892
34,794,844
4,350,514
9,774,557

27,195,680
38,146,781
6,260,142
10,076,950

24,216
1,843,203
-

22,068,529

17,985,569

Total Community Development

306,573,879

83,546,970

74,041,807

81,679,552

1,867,418

137,396,866
49,254,411
69,897,540
13,127,552
195,722,335
6,521,208
7,091,626

47,781,699
19,882,966
32,995,711
4,375,970
65,262,343
4,397,067
2,658,317

43,819,923
18,042,792
30,695,823
4,236,282
50,483,150
3,477,717
2,018,623

47,630,532
19,882,966
27,174,761
65,230,906
4,397,067
2,658,317

151,167
5,820,950
4,375,970
31,437
-

479,011,538

177,354,074

152,774,310

166,974,550

10,379,524

Community Enrichment
8,917,889
2,772,271
4,553,260
1,093,813
14,747,646
516,009
1,378,450

9,095,261
2,508,814
3,714,647
1,058,890
11,725,119
111,982
381,498

33,979,336

28,596,212

Parks and Recreation
Library
Convention Center
Sports and Cultural Facilities
Human Services
Public Parking Facilities
Other
Total Community Enrichment

-31-

Citywide Operating Expenditures by Program (continued)
For the Month Ended
OCTOBER 31
2022
2021

Budget
Estimate
2022-2023

Program

2022-2023 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

Actual Year-to-Date
2022-2023
2021-2022

Environmental Services
$

28,762,306
19,826,750
13,851,828
2,674,556
333,697
70,768

$

36,401,356
13,603,091
21,693,622
3,315,058
145,486
92,066

Water System
Wastewater
Solid Waste Management
Public Works
Environmental Programs
Manager's Office of Sustainability

65,519,904

75,250,680

Total Environmental Services

1,968,573
1,422,903
177,946
656,917
52,010
183,372
27,646
558,523
586,543
20,431
1,528,843
1,071,197
90,619
2,000
50,000
1,606,411
994,564
2,417
26,786

1,688,293
286,354
60,648
669,902
45,044
236,303
185,375
1,260,440
600,531
54,540
1,677,570
889,668
362,301
90,619
14
78,875
1,732,993
1,003,266
2,129
26,786

11,027,701

10,951,650

20,367,162

93,015,170
4,484,528

$

415,010,163
201,009,119
179,991,778
51,923,026
4,226,968
1,036,338

$

141,605,320
70,230,053
58,238,632
13,840,057
1,570,322
320,446

$

139,860,618
64,903,783
69,822,230
12,406,939
701,814
360,862

$

92,663,959
45,254,916
53,379,802
9,792,600
1,570,322
320,446

48,941,362
24,975,137
4,858,830
4,047,457
-

853,197,392

285,804,830

288,056,245

202,982,045

82,822,785

21,945,294
15,304,933
895,100
8,925,254
631,525
2,283,657
331,750
9,678,083
7,289,216
245,175
19,712,161
59,500,000
13,598,027
1,087,431
1,065,036
600,000
21,545,806
13,080,704
29,750
321,429

36,649,294
5,691,611
711,783
3,592,668
403,042
1,428,488
110,583
5,909,092
5,766,172
81,725
16,670,372
8,109,788
362,477
1,772,413
200,000
25,135,644
7,648,255
29,667
107,143

6,753,172
1,145,417
242,592
2,679,610
180,175
945,210
741,500
5,041,761
2,402,124
218,158
6,710,280
3,558,672
1,449,203
362,477
14
315,500
6,931,972
4,013,064
8,517
107,143

36,649,294
5,691,611
711,783
3,592,668
403,042
1,428,488
110,583
5,909,092
5,766,172
81,725
16,670,372
8,109,788
362,477
1,368,370
200,000
25,135,644
7,648,255
29,667
107,143

404,042
-

Total Debt Service

198,070,331

120,380,216

43,806,560

119,976,173

404,042

Capital Improvement

1,337,445,754

130,093,516

264,028,735

130,093,516

-

General Obligation Debt Service

$

309,473,423

Cultural Facilities
Downtown Development
Economic Development
Environmental Services
Fire Protection
Freeway Mitigation
Historic/Neighborhood Preservation
Human Services
Information Systems
Libraries
Maintenance Service Centers
Mountain Preserves/Parks
Municipal Administration Buildings
Police Protection
Public Housing Renovation
Sanitary Sewers
Secondary Property Tax
Solid Waste Enterprise Bonds
Storm Sewer Improvements
Street Improvements
Street Light Refinancing
Water System

American Rescue Plan Act

108,447,955

-

-

Vacancy Savings

(20,000,000)

-

-

Contingencies

391,009,336

186,288,000

-

5,926,062,709

1,818,503,258
-32-

9,178,116
1,785,763,036

-

-

-

-

1,677,399,629

141,103,629

Capital Expenditures and Encumbrances
2022-2023
Program
General Government
Arts and Cultural Facilities
Economic Development
Facilities Management
Finance
Fire Protection
Housing
Human Services
Information Technology
Libraries
Neighborhood Services
Non-Departmental Capital
Parks and Mountain Preserves
Planning & Historic Preservation
Police Protection
Public Art Program
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

2021-2022
Actual Yearto-Date

Actual Yearto-Date

Budget

From Operating Funds
Budget
Actual

2022-2023 Year-to-Date Capital Amounts
From Capital Funds
Budget
Actual

Unencumbered
Budget

$

902,484 $
41,020,876
39,353,342
4,700,000
34,004,918
89,561,918
600,000
31,081,826
9,277,780
7,368,820
203,222,601
109,499,988
15,503,000
20,981,646
7,685,603
515,978,602
6,001,000
358,805,489

$
10,205,519
5,133,354
795,597
3,889,291
381,182
99,035
143,521
27,290,374
11,923,892
750,128
12,453,597
559,701
16,736,152
30,587,614

$
(9,714,224)
1,990,435
46,565,718
1,790,288
3,256,986
2,812,307
132,709
281,981
4,376,546
11,314,206
168,709,843
378,356
75,544,102

- $
41,020,876
22,655,919
11,060,496
76,428,399
22,944,651
4,438,780
7,368,820
84,467,064
15,503,000
1,940,604
371,668,102
216,650,204

$
10,205,519
4,943,605
319,295
2,993,017
381,182
99,035
143,521
11,889,854
750,128
194,484
16,736,152
29,873,734

902,484 $
16,697,423
4,700,000
22,944,422
13,133,519
600,000
8,137,175
4,839,000
203,222,601
25,032,924
20,981,646
5,744,999
144,310,500
6,001,000
142,155,285

$
189,749
476,302
896,275
27,290,374
34,039
12,453,597
365,217
0
713,880

$

1,495,549,893 $

120,948,959 $

307,439,252

876,146,915 $

78,529,526

619,402,978 $

42,419,433

$

$

$

567,075,944
169,543,000
28,938,426
507,969,530
389,162,465
1,662,689,365

$

$

10,218,866
136,006,072
12,662,566
40,851,857
35,997,876
235,737,236

$

3,158,239,258

$

356,686,195

$

$

$

28,014,705
15,757,987
1,615,749
110,045,487
65,563,553
220,997,482

$

528,436,734

$ 1,337,445,754

- 33 -

$

188,444,446
10,943,000
18,438,847
87,337,928
156,134,618
461,298,839

$

$

4,347,052
455,888
7,617,525
13,696,497
25,447,028
51,563,990

$

$ 130,093,516

$

$

$

378,631,498
158,600,000
10,499,579
420,631,602
233,027,847
1,201,390,526

$

1,820,793,504

902,484
30,815,357
34,219,988
4,700,000
33,209,321
85,672,627
600,000
30,700,644
9,178,745
7,225,299
175,932,227
97,576,096
14,752,872
8,528,049
7,125,902
499,242,450
6,001,000
328,217,875

$

1,374,600,934

$

$

5,871,814
135,550,183
5,045,041
27,155,360
10,550,848
184,173,246

$

556,857,078
33,536,928
16,275,860
467,117,673
353,164,589
1,426,952,129

$

226,592,679

$

2,801,553,063

Bonds Authorized and Sold
As of OCTOBER 31
(dollars in thousands)
Authorized

Sold

Available

1988 Authorizations
General Obligation Bonds
Freeway Mitigation, Neighborhood Stabilization,
and Slum and Blight Elimination
Bonds Fully Issued

$

29,285
884,175

Total General Obligation Bonds

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

Revenue Bonds
Bonds Fully Issued
Total 1988 Authorizations

$

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 Revitalization
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
90,000

18-19 Actuals

80,000

19-20 Actuals

70,000

20-21 Actuals

60,000

21-22 Actuals

50,000

22-23 Actuals

40,000

22-23 Budget

30,000
20,000
10,000
July

FY
18-19
19-20
20-21
21-22
22-23
22-23 Budget

Aug

July
29,246
33,070
41,583
44,048
43,479
42,391

Aug
32,982
36,653
59,937
61,805
67,368
54,835

Sept

Sept
32,919
56,465
33,935
41,516
46,739
47,230

Oct

Oct
52,159
31,089
45,467
50,734
81,273
51,418

Nov

YTD thru
October
147,306
157,277
180,922
198,103
238,859
195,874

Dec

Nov
33,971
40,325
52,188
60,971
53,712

Jan

Dec
53,513
51,643
39,837
53,633
56,912

Note: City of Phoenix revenue is budgeted on an annual basis. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the
annual budget. Monthly budget amounts are calculated based on an allocation of fiscal year 2018-19 through fiscal year 2021-22 actual
expenditures.

- A1 -

Feb

Mar

Apr

May

June

Jan
35,343
39,512
42,051
70,197
53,611

Feb
38,579
33,570
32,672
42,535
42,222

Mar
39,641
61,093
63,749
44,740
59,949

Apr
46,770
29,662
40,758
54,758
49,268

May
27,146
35,239
40,197
72,938
50,292

June
64,281
50,222
67,088
61,286
69,592

State Sales Tax (Dollars in Thousands)

State Sales Tax
30,000

18-19 Actuals

25,000

19-20 Actuals
20-21 Actuals

20,000

21-22 Actuals
15,000

22-23 Actuals
22-23 Budget

10,000

5,000

July

FY
18-19
19-20
20-21
21-22
22-23
22-23 Budget

Aug

July
18,836
20,116
22,912
26,539
28,422
26,141

Sept

Aug
13,749
14,944
14,482
18,124
15,064
18,126

Oct

Sept
12,476
11,479
13,123
16,285
22,937
15,780

Nov

Oct
10,922
14,226
18,038
18,259
18,918
18,170

Dec

YTD thru
October
55,983
60,765
68,555
79,207
85,341
78,217

Jan

Feb

Mar

Apr

May

June

Nov
15,747
16,443
13,095
15,097
17,855

Dec
14,902
12,120
19,640
23,860
20,854

Jan
12,154
17,440
19,033
22,364
20,992

Feb
15,369
17,707
10,831
12,163
16,580

Mar
13,689
12,285
15,878
18,738
17,917

Apr
14,284
18,557
23,414
25,105
24,058

Note: City of Phoenix revenue is budgeted on an annual basis. Fiscal year 2022-23 monthly budget amounts are based on an
allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of fiscal year 2018-19 through fiscal
year 2021-22 actual expenditures.

- A2 -

May
14,640
11,288
17,998
15,952
17,706

June
8,298
5,321
12,848
17,415
12,976

Vehicle License Tax (Dollars in Thousands)

Vehicle License Tax
12,000
18-19 Actuals

11,000

19-20 Actuals

10,000
9,000

20-21 Actuals

8,000

21-22 Actuals

7,000

22-23 Actuals

6,000

22-23 Budget

5,000
4,000
3,000
2,000
July

FY
18-19
19-20
20-21
21-22
22-23
22-23 Budget

Aug

Sept

Oct

Nov

Dec

July
9,422
10,791
10,098
10,453
10,826
11,323

Aug
5,782
5,619
7,692
5,328
5,739
6,784

Sept
5,349
5,207
6,207
6,363
6,274
6,424

Oct
6,492
6,146
7,328
6,970
6,676
7,482

YTD thru
October
27,045
27,763
31,325
29,114
29,515
32,013

Jan

Nov
4,886
5,408
4,608
4,862
5,490

Feb

Mar

Apr

May

Dec
5,800
5,891
6,529
6,537
6,877

Jan
6,143
6,514
7,328
7,285
7,575

Feb
5,490
6,528
5,568
5,828
6,504

Mar
5,943
5,960
6,411
6,418
6,870

Note: City of Phoenix revenue is budgeted on an annual basis. Fiscal year 2022-23 monthly budget amounts are based on an allocation
of the annual budget. Monthly budget amounts are calculated based on an allocation of fiscal year 2018-19 through fiscal year 2021-22
actual expenditures.

- A3 -

June

Apr
5,668
5,110
7,162
8,075
7,226

May
5,959
4,699
6,472
6,061
6,442

June
3,276
2,611
4,365
4,515
4,102

Governmental Funds Revenue (Dollars in Thousands)

Governmental Funds Revenue
600,000
2018-19 Actuals

550,000
500,000

2019-20 Actuals

450,000

2020-21 Actuals

400,000

2021-22 Actuals

350,000

2022-23 Actuals

300,000

22-23 Budget

250,000
200,000
150,000
100,000
50,000
July

FY
18-19
19-20
20-21
21-22
22-23
22-23 Budget

July
131,124
100,481
68,761
123,174
79,979
127,517

Aug

Sept

Oct

Nov

Aug
168,019
187,393
217,048
225,569
274,628
247,347

Sept
152,605
194,506
260,275
185,901
211,185
247,626

Oct
198,474
175,883
215,731
231,638
288,507
257,060

YTD thru
October
650,222
658,263
761,815
766,282
854,299
879,550

Dec

Jan

Nov
247,632
269,127
298,362
324,875
354,869

Dec
221,971
226,582
236,818
253,979
293,929

Note: City of Phoenix revenue is budgeted on an annual basis. Fiscal year 2022-23 monthly budget amounts are based on an allocation
of the annual budget. Monthly budget amounts are calculated based on an allocation of fiscal year 2018-19 through fiscal year 2021-22
actual expenditures.

- A4 -

Feb

Jan
170,844
209,806
216,626
267,406
270,465

Mar

Apr

Feb
173,462
187,061
178,738
199,258
232,309

May

June

Mar
187,169
217,521
272,444
230,537
284,334

Apr
210,659
180,484
316,241
255,574
304,518

May
245,256
226,625
277,929
320,064
335,291

June
280,540
378,887
362,173
540,197
503,355

Aviation Revenues (Dollars in Thousands)

Aviation Operating Revenues
170,000
160,000
150,000
140,000
130,000
120,000
110,000
100,000
90,000
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
-

18-19 Actuals
19-20 Actuals
20-21 Actuals
21-22 Actuals
22-23 Actuals
22-23 Budget

July

FY
18-19
19-20
20-21
21-22
22-23
22-23 Budget

Aug

Sept

Oct

Nov

Dec

July
31,468
30,489
25,387
36,735
12,023
36,632

Aug
32,105
32,307
2,666
33,945
37,402
29,825

Sept
31,728
32,953
27,193
28,302
34,042
35,480

Oct
31,719
32,056
21,045
31,904
41,419
34,461

YTD thru
October
127,020
127,805
76,291
130,886
124,886
136,398

Jan

Feb

Mar

Apr

May

Nov
32,312
33,532
23,880
36,031
37,127

Dec
30,496
36,787
31,636
35,025
39,545

Jan
31,205
34,297
18,059
57,391
41,614

Feb
32,944
34,215
61,877
33,583
48,011

Mar
33,075
34,228
25,487
38,417
38,737

Note: City of Phoenix revenue is budgeted on an annual basis. Fiscal year 2022-23 monthly budget amounts are based on an allocation
of the annual budget. Monthly budget amounts are calculated based on an allocation of fiscal year 2018-19 through fiscal year 2021-22
actual expenditures.

- A5 -

June

Apr
37,847
27,255
31,454
40,080
40,340

May
34,396
23,524
30,668
46,367
39,843

June
35,938
10,702
91,844
155,860
86,900

Water System Revenues (Dollars in Thousands)

Water System Operating Revenues
70,000
18-19 Actuals
60,000

19-20 Actuals
20-21 Actuals

50,000

21-22 Actuals
40,000

22-23 Actuals
22-23 Budget

30,000
20,000
10,000
July

FY
18-19
19-20
20-21
21-22
22-23
22-23 Budget

Aug

July
49,797
52,660
57,819
58,256
60,867
62,338

Sept

Aug
46,762
51,596
53,509
42,379
49,237
55,411

Oct

Sept
44,112
47,319
52,454
47,181
53,259
54,503

Nov

Oct
35,672
40,300
47,335
39,257
44,825
46,373

Dec

YTD thru
October
176,343
191,875
211,117
187,073
208,188
218,625

Jan

Feb

Mar

Apr

May

June

Nov
31,619
38,339
42,280
41,784
43,936

Dec
25,048
26,405
33,139
37,523
34,834

Jan
22,565
25,330
28,579
28,902
30,059

Feb
21,558
25,643
25,188
28,035
28,647

Mar
20,138
24,861
28,415
31,242
29,854

Apr
31,150
29,080
37,714
40,702
39,550

Note: City of Phoenix revenue is budgeted on an annual basis. Fiscal year 2022-23 monthly budget amounts are based on an allocation
of the annual budget. Monthly budget amounts are calculated based on an allocation of fiscal year 2018-19 through fiscal year 2021-22
actual expenditures.

- A6 -

May
36,293
40,442
42,556
45,193
46,921

June
38,106
52,141
43,174
51,821
52,842

Wastewater Revenues (Dollars in Thousands)

Wastewater Operating Revenues
32,000
18-19 Actuals
19-20 Actuals

27,000

20-21 Actuals
22,000

21-22 Actuals
22-23 Actuals

17,000

22-23 Budget

12,000
7,000
2,000
July

FY
18-19
19-20
20-21
21-22
22-23
22-23 Budget

Aug

July
17,949
18,374
21,205
22,011
18,108
21,024

Sept

Aug
20,417
24,593
22,791
21,971
22,936
23,728

Oct

Sept
21,145
21,373
21,844
26,947
19,029
24,135

Nov

Oct
23,028
20,975
22,234
18,312
22,401
22,348

Dec

YTD thru
October
82,539
85,315
88,074
89,241
82,474
91,235

Jan

Feb

Mar

Apr

May

June

Nov
19,734
21,142
18,577
21,720
21,456

Dec
20,469
20,888
24,461
24,380
23,841

Jan
22,113
22,063
18,430
22,218
22,421

Feb
19,436
20,973
24,355
21,916
22,911

Mar
19,960
21,613
21,754
23,023
22,824

Apr
21,256
18,428
21,584
24,091
22,562

Note: City of Phoenix revenue is budgeted on an annual basis. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the
annual budget. Monthly budget amounts are calculated based on an allocation of fiscal year 2018-19 through fiscal year 2021-22 actual
expenditures.

- A7 -

May
20,980
23,948
20,085
22,296
23,077

June
16,544
18,289
17,424
17,973
18,563