December 2022
Monthly Financial Report

PREPARED BY
Financial Accounting & Reporting Division

December 31, 2022
To the Mayor and City Council:
This is the City's Financial Report for December, the sixth 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

July 18, 2023

INDEPENDENT AUDITOR REPORT
To the Chief Financial Officer,
We have assessed the Finance Department’s (Finance) December 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
December 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

Better than Expected

Public Safety

2

Expected

Transportation

3

Monitor and Consider Taking Action

Community Development

3

Better than Expected

Community Enrichment

4

Better than 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

Better than Expected

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

Better than Expected

Local Sales Tax

15

Better than Expected

Revenues by Source

State Sales Tax

16

Better than Expected

Vehicle License Tax

17

Monitor and Consider Taking Action

Governmental Funds

18

Monitor and Consider Taking Action

Aviation

19

Better than Expected

Water System

20

Monitor and Consider Taking Action

Wastewater

21

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.

December 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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
624,602
1,214,362
51.4%
685,497
1,282,831
53.4%
697,112
1,371,152
50.8%
742,915
1,470,251
50.5%
820,189
1,678,643
48.9%

* - For prior years-total actual expenditures, for current year-total approved
budget net of adjustment for contingencies.

Better than Expected

Total General Fund
General Government
$1,800,000
$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

December December YTD
Expenditures
YTD
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 December are 10.4% 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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
63,902
114,393
55.9%
74,890
123,100
60.8%
78,917
154,211
51.2%
86,053
161,907
53.1%
98,323
208,038
47.3%

* - 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

December
YTD
Expenditures
December 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 December are 14.3% 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

December 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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
17,180
33,387
51.5%
17,910
35,033
51.1%
18,114
36,162
50.1%
19,191
40,008
48.0%
20,562
43,390
47.4%

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

Better than Expected

Criminal Justice
$50,000
December 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 December are 7.1% 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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
426,821
841,467
50.7%
464,072
893,403
51.9%
477,436
925,920
51.6%
501,346
992,648
50.5%
548,704
1,088,575
50.4%

$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

December YTD
Expenditures

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

Annual
Expenditures *

$200,000
18-19

19-20

20-21

21-22

22-23

Expected
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 December are 9.4% 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

December 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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
10,853
18,337
59.2%
11,403
19,748
57.7%
13,351
22,144
60.3%
11,789
23,166
50.9%
14,000
26,085
53.7%

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

Monitor and Consider Taking Action

CommunityTransportation
Development
$1
$30,000
$1

Series1
December YTD
Expenditures

$1
$20,000
$1
$0
$10,000
$0

Series2Annual
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 December are 18.8% 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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
10,541
21,238
49.6%
12,000
22,542
53.2%
12,012
24,114
49.8%
13,114
28,225
46.5%
14,976
36,748
40.8%

* - 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

December 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 December are 14.2% 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

December 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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
82,922
156,552
53.0%
88,255
155,417
56.8%
81,691
158,589
51.5%
92,643
173,631
53.4%
102,666
197,458
52.0%

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

Community Enrichment
$240,000
December YTD
Expenditures

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

Annual
Expenditures *

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

Better than 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 December are
10.8% 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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
8,901
16,886
52.7%
13,176
19,180
68.7%
11,944
20,905
57.1%
16,407
26,508
61.9%
13,532
29,534
45.8%

* - 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

December 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 December are 17.5% 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.

December 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

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
2,035,726
3,775,464
53.9%
2,017,344
3,814,963
52.9%
2,063,371
4,163,122
49.6%
2,363,671
4,488,949
52.7%
2,516,560
5,811,553
43.3%

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

December 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 29.5% over fiscal year 2021-22 actuals in total operating
expenditures. Actual expenditures through December are 6.5% higher than the same period in the prior fiscal year.

General Government

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

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
75,197
138,349
54.4%
85,510
157,200
54.4%
112,729
207,451
54.3%
93,797
238,925
39.3%
134,285
245,463
54.7%

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

General Government
$300,000
$250,000

December 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 December are 43.2% 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

December Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Criminal Justice
December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
21,805
42,530
51.3%
22,554
44,425
50.8%
22,157
44,147
50.2%
22,749
47,054
48.3%
23,880
51,449
46.4%

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
December 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 December are 5.0% 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

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
515,450
1,025,513
50.3%
567,957
1,110,457
51.1%
581,532
1,122,901
51.8%
625,978
1,228,901
50.9%
696,546
1,348,529
51.7%

* - 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

December 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 December are 11.3% 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

December 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

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
467,776
722,667
64.7%
515,086
774,492
66.5%
436,656
786,597
55.5%
541,896
797,084
68.0%
521,290
831,587
62.7%

* - 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

December
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 December are 3.8%
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

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
98,252
195,716
50.2%
104,753
229,793
45.6%
136,451
245,310
55.6%
110,076
227,960
48.3%
130,647
306,574
42.6%

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

Community Development
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
$50,000
$0

December YTD
Expenditures

Annual
Expenditures *
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 December are 18.7% 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.

7

December 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

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
168,347
317,465
53.0%
179,588
316,680
56.7%
197,867
390,805
50.6%
233,060
420,501
55.4%
262,551
479,012
54.8%

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

Community Enrichment
$600,000
December 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

Better than Expected
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 December are 12.7% 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.

Environmental Services

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

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
351,275
670,219
52.4%
358,510
692,524
51.8%
379,411
734,733
51.6%
408,307
752,386
54.3%
421,958
853,197
49.5%

* - 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

December 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 December are 3.3% 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.

8

December Citywide YTD Expenditures (Dollars in Thousands)

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

Citywide Debt Service Expenditures

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

December YTD
Annual
% of Annual
Expenditures
Expenditures *
Expenditures
58,317
116,634
50.0%
65,344
130,839
49.9%
66,144
131,938
50.1%
65,710
131,081
50.1%
142,432
198,070
71.9%

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

$240,000
December 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 December are 116.8% 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)

$

$ 170,126

1,547,308

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

567,088

22,071

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

$137,839

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

$

28,947

$80,000

$120,000

$160,000

22-23
(YTD)

$ 11,274

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

$ 507,203

$ 53,476

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

$ 389,929

$ 43,652

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 St 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

December YTD Revenues

Annual Revenues*

18-19

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

December YTD Revenues
601,823
636,391
753,782
745,159
839,058

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
49.3%
48.7%
50.5%
49.4%
52.8%

* - 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 December are
12.6% higher than the same period in the prior fiscal year. Specific revenue sources are discussed on the following pages.

- 13 -

Property Tax Revenues (Dollars in Thousands)
Refer to detailed financial schedules pages 22 thru 34
Property Taxes Primary & Secondary
270,000
240,000
101,652

210,000

107,555

115,069

124,847

119,973

180,000

Secondary

150,000

65,185

120,000
90,000

162,129

170,209

182,043

199,194

192,215

60,000

Primary

103,720

30,000
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
168,905
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
98,119
108,589

21-22

Dec
30,444
23,612
38,512
33,534
39,943
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

Better than Expected
Because property taxes are primarily collected in November, December, May and June, a monthly breakdown of the revenues is not particularly useful, therefore the chart for property tax
revenues is presented with an annual perspective.
Total property tax revenues are budgeted to increase 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
103,720
65,185
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 December are 9.0% 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 December fiscal year 2022-23 Local Sales Tax revenues increased 6.8% 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 December are 7.1% 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 December fiscal year 2022-23 State Sales Tax revenues are higher 6.0% 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 December are 7.0% 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 December fiscal year 2022-23 Vehicle License Tax revenues increased 1.8% 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 December are 6.4% 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.

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 December fiscal year 2022-23 Governmental Funds revenues increased 6.3% 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
Better than Expected
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 December are 1.5% 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.

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 December fiscal year 2022-23 Aviation revenues increased 7.1% 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 December are 5.1% 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 December fiscal year 2022-23 Water System Operating revenues increased 5.9% 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 December are 6.8% 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.

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 December fiscal year 2022-23 Wastewater Operating revenues decreased 6.0% 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 DECEMBER 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

$

333,972 $
1,545

312,707
1,917

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

125,199
154,092
41,253
103,720
1,517
1,917

118,164
107,250
40,513
98,153
1,475
2,150

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

3,772
360
6,115
194
3,280
859
6,386

3,987
405
7,090
331
2,553
922
5,293

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

25,238
564
8,751
6,674
13,651

23,029
412
8,179
1,474
9,156

1,589,483

- 22 -

$

839,058

$

745,160

General Fund Expenditures
As of DECEMBER 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

$

1,162 $
2,363
4,164
37,038
1,822
1,227
14,289
1,825
2,952
14,077
2,800
12,317
2,288
98,323

1,159
2,267
3,707
31,140
1,635
1,534
12,736
1,588
2,755
11,669
2,423
11,303
2,137
86,051

Criminal Justice
Municipal Court
Public Defender
Total Criminal Justice

37,568
5,822
43,390

18,181
2,382
20,562

16,542
2,649
19,191

Public Safety
Police
Fire
Others
Total Public Safety

659,530
429,045
1,088,575

335,566
213,137
548,704

308,539
192,597
210
501,346

Transportation
Street Transportation
Public Transit
Total Transportation

24,194
1,891
26,085

12,110
1,890
14,000

10,147
1,642
11,789

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

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

3,472
8,362
1,906
1,237
14,976

3,270
7,552
2,151
141
13,113

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

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

56,788
25,523
14,296
6,059
102,666

52,181
23,872
12,008
4,583
92,644

Environmental Services
Public Works
Environmental Programs
Others
Total Environmental Services

27,275
1,561
698
29,534

12,427
651
454
13,532

15,553
462
392
16,407

Capital Improvement

48,815

7,426

2,372

Vacancy Savings

(20,000)

-

-

Contingencies

120,788

-

-

820,189 $

742,913

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 DECEMBER 31
(dollars in thousands)

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

Budget
Estimate
2022-2023
$

Total General Funds

631,431
3,006

333,972 $
1,545

312,707
1,917

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

125,199
154,092
41,253
103,720
1,517
1,917
4,132
6,115
194
3,280
859
6,386
34,553
6,674
13,651

118,164
107,250
40,513
98,153
1,475
2,150
4,392
7,090
331
2,553
922
5,293
31,620
1,474
9,156

1,589,484

839,058

745,159

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

24,183
62,402
26,568
4,310
181,124
(660)
58,679
3,175
12,837
74,862
18,937
1,564
12,960
44,642
65,368

21,843
56,329
22,189
3,873
158,151
2,398
51,345
3,171
11,049
75,385
2,182
1,605
5,721
121,569
63,168

1,869,135

590,952

599,977

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

216,315
51,226
282,090
127,209
101,281

201,942
38,917
266,380
135,341
98,875

1,591,028

778,121

741,456

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 -

$

$ 2,208,131 $ 2,086,591

Citywide Operating Expenditures
As of DECEMBER 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

98,323 $
35,962
134,285

86,053
7,744
93,797

43,390
8,059
51,449

20,562
3,318
23,880

19,191
3,558
22,749

Public Safety
General Funds
Other Funds
Total Public Safety

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

548,704
147,842
696,546

501,346
124,632
625,978

Transportation
General Funds
Other Funds
Total Transportation

26,085
805,502
831,587

14,000
507,290
521,290

11,789
530,107
541,896

Community Development
General Funds
Other Funds
Total Community Development

36,748
269,826
306,574

14,976
115,671
130,647

13,114
96,962
110,076

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

197,458
281,554
479,012

102,666
159,885
262,551

92,643
140,417
233,060

Environmental Services
General Funds
Other Funds
Total Environmental Services

29,534
823,663
853,197

13,532
408,426
421,958

16,407
391,900
408,307

Debt Service
General Funds
Other Funds
Total Debt Service

198,070
198,070

142,432
142,432

65,710
65,710

48,815
1,340,409
1,389,224

7,426
175,546
182,972

2,372
241,424
243,796

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

108,448
108,448

-

18,301
18,301

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
4,198,410
5,977,841

820,189
1,696,372
2,516,560 $

$

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 -

742,915
1,620,755
2,363,670

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

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

Budget
Estimate
2022-2023

Source

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

General Funds
$

59,276,069
892,151
60,168,220

$

53,633,133
911,289

Local Taxes:
Sales Taxes
Privilege License Fees

$

631,430,699
3,006,300

$

333,971,932
1,544,511

$

312,707,251
1,916,810

54,544,422

Total Local Taxes

634,436,999

335,516,443

314,624,061

22,500,274
25,681,940
6,555,589

23,859,604
17,673,907
6,537,614

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

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

125,198,738
154,091,636
41,253,133

118,163,686
107,250,489
40,513,167

54,737,803

48,071,125

620,642,000

320,543,507

265,927,342

24,928,454

20,977,683

Primary Property Tax

199,194,000

103,719,864

98,153,111

277,297

283,635

Licenses and Permits

2,872,000

1,516,563

1,474,933

0

0

Cable Communications

9,000,000

1,916,887

2,149,885

599,032
50,410

Municipal Court:
Fines and Forfeitures
Court Default Fee

8,184,192
920,000

3,771,929
359,825

3,986,962
405,161

582,994
53,310
636,304

649,442

442,450

1,247,762

18,811

4,291

412,733

357,396

116,780
496,069

Total State Shared Taxes

9,104,192

4,131,754

4,392,123

14,154,183

6,115,299

7,089,612

399,106

194,258

330,912

Parks and Recreation

5,722,212

3,279,925

2,552,862

131,930

Planning and Development

1,828,100

859,279

921,703

327,576

Street Transportation

6,818,100

6,386,435

5,292,578

Fire:
Emergency Transportation Service
Hazardous Materials Inspection Fee
Other

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

25,237,565
564,150
8,751,223

23,028,871
411,775
8,179,383

63,330,798

34,552,938

31,620,029
1,473,993

4,516,547
62,450
428,566

3,808,730
62,775
294,845

5,007,563

4,166,350

1,663,185

266,874

2,173,246

1,705,671

151,078,915

132,734,157

Total Municipal Court
Police
Library Fees

Total Fire
Interest

5,550,000

6,674,354

Other Fees and Service Charges

16,431,605

13,650,605

9,155,713

1,589,483,295

839,058,111

745,158,857

Total General Funds

26

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

Budget
Estimate
2022-2023

Source

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

Special Revenue and Debt Service Funds
$

2,922,321
208,737
1,043,686
66,408

$

4,241,152
8,297,714
2,661,651
46,064

$
$
$

11,005,429
6,025,487
629,052
0
291,100
9,282
60,007

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

3,720,877

Total Neighborhood Protection

7,321,800
2,331,797
9,669
9,663,266

$
$
$
$
$
$

989,441
28,587,368
3,781,299

2,598,885
185,635
928,173
8,184

$
$

32,368,667

3,756,453
571,316
0
253,696
1,199
50,576

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

$

16,718,692
1,194,192
5,970,961
298,890

$

15,121,678
1,080,120
5,400,599
240,862

48,134,738

24,182,735

21,843,259

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

47,139,890
15,024,152
237,709

42,656,145
13,600,761
71,997

121,626,398

62,401,751

56,328,903

Parks and Preserves

48,789,684

26,567,650

22,188,678

Golf Courses:
Fees
Coffee Shops
Concessions
Interest
Other

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

2,581,599
0
1,444,945
40,078
243,750

2,347,547
0
1,278,980
6,661
239,968

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

876,787

Total Golf Courses

9,561,976

4,310,372

3,873,156

25,422,931
2,570,014

Transit 2000 & 2050:
Sales Taxes
Interest/Other

326,454,730
38,156,549

162,817,141
18,306,950

147,506,477
10,644,176

27,992,945

0

$

0

8,085,770

$

6,409,812

543,785

$

535,079

2,216,071
139,988

$
$

2,214,614
20,213

2,356,059

$

2,234,827

364,611,279

181,124,091

158,150,653

Court Awards

Total Transit 2000 & 2050

4,532,715

(660,123)

2,398,456

Planning and Development

81,725,100

58,679,154

51,345,438

Capital Construction

6,299,234

3,174,651

3,170,715

Sports Facilities:
Sales Taxes
Interest/Other

24,576,788
3,877,936

11,523,279
1,314,098

10,145,473
903,058

28,454,724

12,837,377

11,048,531

Total Sports Facilities

27

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

Budget
Estimate
2022-2023

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

154,499,000
500,000
0

73,640,834
1,181,495
39,766

74,924,502
233,717
226,300

Total Highway User Revenue

154,999,000

74,862,095

75,384,519

Local Transportation Assistance

0

0

0

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

$

13,226,846
284,459
2,435

12,295,187
41,758
0

13,513,740

12,336,945

-

$

-

Highway User Revenue:
Highway User Revenue
Interest
Other

3,264,660

531,197

Regional Transit Revenues

45,671,569

18,937,421

2,182,042

369,765

144,938

Community Reinvestment

6,045,200

1,564,170

1,604,612

6,469,034

3,057,523

Other Restricted Fees

48,378,624

12,960,271

5,720,977

244,199
7,966,899
2,963,363

359,793
8,072,894
2,895,168

Grants:
Public Housing:
Rentals
Grants
Other

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

2,107,729
53,746,270
5,539,749

2,789,660
50,955,236
9,508,020

11,174,461

11,327,855

157,011,183

61,393,748

63,252,916

4,833,928
1,279,100
11,714
2,744,009

11,224,677
12,288,621
85,353
2,502,110

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

15,376,685
(30,492,581)
(5,956,560)
4,320,608

19,246,483
20,876,027
(960,796)
19,154,194

8,868,751

26,100,761

Total Other

614,315,833

(16,751,848)

58,315,908

20,043,212

37,428,616

Total Grants

771,327,016

44,641,900

121,568,824

124,847,420
4,130,117

65,184,610
183,494

61,405,219
1,762,744

128,977,537

65,368,104

63,167,963

1,869,134,794

590,951,619

599,976,726

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

53,692,754
173,049,712
3,789,338
(19,165,932)
1,741,825
1,750,834
1,456,486

48,917,161
148,025,153
749,113
644,519
1,491,918
1,762,405
352,128

508,515,639

216,315,017

201,942,397

15,013,535
179,427

12,555,618
13

15,192,962

12,555,631

124,469,163

121,244,896

$

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:

11,284,852
28,785,452
1,259,353
(17,073,546)
306,752
323,456
350,480

9,287,524
25,834,545
388,486
(1,097,207)
265,526
288,223
58,654

25,236,799

35,025,751

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

28

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

Budget
Estimate
2022-2023

Source

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

Enterprise Funds (Cont'd)
CONVENTION CENTER:
$

6,967,226
3,090,290
196,454

6,354,658
1,610,849
19,103

10,253,970

7,984,610

30,921,039
191,908
368,870
(276,014)
971,340
719,565
653,065

32,871,009
243,680
436,156
451,865
760,440
111,184
2,649,216

33,549,773

37,523,550

Excise Taxes
Operating Revenue
Interest
Total Convention Center

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

37,799,274
12,683,844
742,582

31,834,354
6,972,926
109,703

91,685,525

51,225,700

38,916,983

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

259,633,417
1,394,334
4,634,445
4,469,910
3,500,400
3,009,056
5,448,062

251,503,652
1,375,304
8,623,827
4,072,445
3,197,961
656,086
(3,049,028)

525,268,597

282,089,624

266,380,247

WATER SYSTEM:
$

Water Sales
Water Service Fees
Distribution
Intergovernmental
Development Fees
Interest
Other

$

Total Water System
WASTEWATER:

17,301,282
(42,313)
937,680
646,265
848,082

17,438,927
1,951,028
726,767
140,144
4,123,136

Sewer Service Charges
Multi-City
Development Fees
Interest
Other

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

101,104,205
9,139,642
3,304,620
2,828,865
10,832,027

105,602,249
10,963,589
3,077,160
878,538
14,819,757

19,690,996

24,380,002

Total Wastewater

268,890,325

127,209,359

135,341,293

14,751,457
1,219,791
118,602
342,325

14,297,059
1,287,729
18,716
1,679,055

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

88,277,685
6,972,771
495,025
5,535,632

85,580,844
7,092,817
105,246
6,096,037

196,668,387

101,281,113

98,874,944

1,591,028,473

778,120,813

741,455,864

SOLID WASTE:

$

16,432,175

17,282,559

105,163,713

122,196,472

380,711,791

$

376,175,525

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

$

29

5,049,646,562

$

2,208,130,543

$

2,086,591,447

Citywide Operating Expenditures by Program
For the Month Ended
DECEMBER 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
$

173,196
416,989
698,550
6,209,092
53,254
238,296
207,150
2,605,208
247,291
556,483
1,404,119
200,084
14,733
408,755
2,994,478
3,043,539
19,471,219

$

139,032
390,863
450,373
3,628,879
290,935
241,752
250,346
1,979,385
353,756
309,596
1,338,386
233,250
11,535
356,400
2,244,680
1,537,022
13,756,189

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

$

1,161,804
2,363,012
4,510,061
42,952,102
771,593
1,929,072
1,490,752
15,176,591
1,824,852
2,951,788
32,793,329
1,615,965
71,873
2,799,528
18,316,750
3,555,508

$

1,159,039
2,267,302
3,857,535
32,459,903
786,005
1,640,678
1,695,558
13,658,124
1,587,830
2,755,429
12,109,070
1,286,087
73,414
2,422,943
14,497,106
1,541,291

$

1,161,804
2,363,012
4,510,061
37,469,100
771,593
1,929,072
1,490,752
15,176,591
1,824,852
2,951,788
32,502,671
1,615,965
71,873
2,799,528
13,068,521
3,555,508

5,483,002
290,658
5,248,229
-

245,462,707

134,284,581

93,797,311

123,262,692

11,021,889

45,627,473
5,821,708

21,498,398
2,381,530

20,099,803
2,648,892

18,962,716
2,381,530

2,535,682
-

51,449,181

23,879,928

22,748,695

21,344,246

2,535,682

851,356,532
497,172,879
-

442,973,001
253,572,591
289

388,525,045
236,969,971
483,212

442,190,081
252,929,687
289

782,920
642,903
-

1,348,529,411

696,545,881

625,978,229

695,120,057

1,425,823

Criminal Justice
3,147,329
431,290

3,138,102
440,680

3,578,619

3,578,782

Municipal Court
Public Defender
Total Criminal Justice
Public Safety

82,796,347
38,132,558
-

76,449,933
38,032,960
18,633

120,928,905

114,501,526

Police
Fire
Other
Total Public Safety

-30-

Citywide Operating Expenditures by Program (continued)
For the Month Ended
DECEMBER 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
$

8,642,141
964,023
3,464,938
3,535,753
16,606,854

$

7,476,745
615,399
30,970,280
3,233,243

Street Transportation
Street Lighting
Aviation
Public Transit

42,295,667

Total Transportation

$

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

$

61,325,640
5,452,792
195,281,610
259,229,567

$

56,832,838
5,305,001
248,355,150
231,403,216

$

56,715,417
5,452,792
145,601,127
259,229,567

4,610,223
49,680,483
-

831,586,561

521,289,608

541,896,205

466,998,902

54,290,706

Community Development
7,215,675
9,838,520
2,255,240
2,460,962

5,754,923
7,800,134
1,921,250
2,418,382

Planning and Development
Housing
Economic Development
Neighborhood Services Department

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

40,806,839
57,628,862
12,839,341
19,372,198

37,205,720
50,710,435
7,398,538
14,761,109

40,806,839
57,592,539
10,074,898
19,372,198

36,324
2,764,444
-

21,770,397

17,894,689

Total Community Development

306,573,879

130,647,241

110,075,803

127,846,473

2,800,768

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

65,631,542
26,413,684
41,154,182
6,563,596
113,862,426
5,382,840
3,543,002

60,168,279
24,227,919
39,203,997
6,354,063
96,568,545
4,083,757
2,453,264

65,404,791
26,413,684
32,420,827
113,815,271
5,382,840
3,543,002

226,751
8,733,355
6,563,596
47,155
-

479,011,538

262,551,271

233,059,824

246,980,415

15,570,856

Community Enrichment
9,311,353
2,978,738
4,553,484
1,093,813
23,118,820
372,204
433,395

7,660,090
3,360,496
4,615,880
1,058,890
32,454,388
150,097
175,407

41,861,807

49,475,248

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

-31-

Citywide Operating Expenditures by Program (continued)
For the Month Ended
DECEMBER 31
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
$

37,413,527
14,920,005
16,216,022
2,368,585
514,887
81,467

$

32,804,710
14,995,043
12,701,139
3,375,423
152,294
82,648

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

71,514,493

64,111,257

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
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
78,875
1,732,993
1,003,266
2,129
26,786

11,025,701

10,951,636

19,836,511

9,636,442
7,305,892

$

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

$

213,688,679
99,242,549
86,312,273
19,723,801
2,515,374
475,797

$

198,562,258
94,144,637
95,300,780
18,755,094
1,022,870
521,740

$

141,047,845
62,550,678
79,024,568
13,653,301
2,515,374
475,797

72,640,834
36,691,872
7,287,705
6,070,500
-

853,197,392

421,958,473

408,307,378

299,267,563

122,690,910

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

40,586,440
8,537,416
1,067,675
4,906,502
507,062
1,795,231
165,875
7,026,138
6,939,258
122,588
19,728,058
10,252,182
543,716
1,772,427
300,000
28,348,466
9,637,383
34,500
160,715

10,129,758
1,718,125
363,888
4,019,415
270,263
1,417,815
1,112,251
7,562,641
3,603,186
327,238
10,065,420
5,338,008
2,173,805
543,716
14
473,250
10,397,958
6,019,596
12,775
160,715

40,586,440
8,537,416
1,067,675
4,906,502
507,062
1,795,231
165,875
7,026,138
6,939,258
122,588
19,728,058
10,252,182
543,716
1,368,385
300,000
28,348,466
9,637,383
34,500
160,715

404,042
-

Total Debt Service

198,070,331

142,431,632

65,709,833

142,027,589

404,042

Capital Improvement

1,389,224,070

182,972,441

243,796,410

182,972,441

-

General Obligation Debt Service

$

326,594,505

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

333,507,329

186,288,000

-

5,977,841,025

2,516,561,055
-32-

18,301,395
2,363,671,082

-

-

-

-

2,305,820,378

210,740,678

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 $
52,520,876
39,451,342
4,700,000
34,004,918
111,632,198
19,762,972
27,431,826
9,277,780
7,243,820
203,222,601
110,549,388
15,538,000
20,981,646
7,786,203
515,978,602
6,001,000
360,322,489

$
10,210,260
6,950,850
1,128,453
5,511,431
5,764
2,307,901
257,122
361,000
41,549,591
15,669,692
1,557,709
12,453,597
889,225
23,210,705
48,063,186

$
148,610
3,325,965
3,726,786
1,835,125
4,154,612
4,193,923
29,837
363,298
5,363,614
175,142
11,314,206
175,373,462
378,356
81,747,546

- $
52,520,876
22,753,919
11,060,496
98,498,679
19,162,972
19,294,651
4,438,780
7,243,820
85,516,464
15,538,000
2,041,204
371,668,102
218,167,204

$
10,210,260
5,640,308
437,920
3,962,399
5,764
2,307,901
257,122
361,000
15,616,533
1,557,709
221,678
23,210,705
46,903,044

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

$
1,310,542
690,533
1,549,032
41,549,591
53,159
12,453,597
667,547
1,160,142

$

1,547,308,145 $

170,126,486 $

292,130,482

927,905,167 $

110,692,343

619,402,978 $

59,434,143

$

$

$

567,087,818
169,543,000
28,946,616
507,203,480
389,928,515
1,662,709,429

$

$

22,070,523
137,838,917
11,273,606
53,476,254
43,652,207
268,311,507

$

3,210,017,574

$

438,437,993

$

$

$

45,482,555
67,126,698
2,293,866
122,839,147
86,371,796
324,114,062

$

616,244,544

$ 1,389,224,070

- 33 -

$

188,456,320
10,943,000
18,447,037
86,081,878
157,390,668
461,318,903

$

$

14,398,978
1,059,841
6,211,971
19,867,977
30,741,331
72,280,098

$

$ 182,972,441

$

$

$

378,631,498
158,600,000
10,499,579
421,121,602
232,537,847
1,201,390,526

$

1,820,793,504

902,484
42,310,616
32,500,492
4,700,000
32,876,465
106,120,767
19,757,208
25,123,925
9,020,658
6,882,820
161,673,010
94,879,696
13,980,291
8,528,049
6,896,978
492,767,897
6,001,000
312,259,303

$

1,377,181,659

$

$

7,671,545
136,779,076
5,061,635
33,608,277
12,910,876
196,031,409

$

545,017,295
31,704,083
17,673,010
453,727,226
346,276,308
1,394,397,922

$

255,465,552

$

2,771,579,581

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

Sold

Available

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

$

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

Sept

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

Oct

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

Nov

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

Dec

Nov
33,971
40,325
52,188
60,971
35,837
53,712

Jan

YTD thru
Dec
December
53,513
234,790
51,643
249,245
39,837
272,947
53,633
312,707
59,276
333,972
56,912
306,498

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

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

Mar

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

Apr

May

June

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

Dec

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

Nov
15,747
16,443
13,095
15,097
17,357
17,855

Jan

Feb

Mar

Apr

May

June

YTD thru
Dec
December
14,902
86,632
12,120
89,328
19,640
101,290
23,860
118,164
22,501
125,199
20,854
116,926

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

Nov
4,886
5,408
4,608
4,862
5,183
5,490

Jan

Feb

YTD thru
Dec
December
5,800
37,731
5,891
39,062
6,529
42,462
6,537
40,513
6,555
41,253
6,877
44,380

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 -

Mar

Apr

May

June

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

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
-

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

July

Aug

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

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

Sept

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

Oct

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

Nov

Nov
247,632
269,127
298,362
324,875
300,162
354,869

Dec

Jan

Dec
221,971
226,582
236,818
253,979
275,549
293,929

Feb

YTD thru
December
1,119,825
1,153,972
1,296,995
1,345,136
1,430,010
1,528,348

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 -

Mar

Apr

May

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

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

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

June

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

Jan

Feb

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

Nov
32,312
33,532
23,880
36,031
66,192
37,127

YTD thru
Dec
December
30,496
189,828
36,787
198,124
31,636
131,807
35,025
201,942
25,237
216,315
39,545
213,070

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 -

Mar

Apr

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

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

May

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

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

Nov
31,619
38,339
42,280
41,784
40,352
43,936

Jan

Feb

Mar

Apr

May

June

Dec
25,048
26,405
33,139
37,523
33,550
34,834

YTD thru
December
233,010
256,619
286,536
266,380
282,090
297,395

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

Nov
19,734
21,142
18,577
21,720
25,044
21,456

Jan

Feb

Mar

Apr

May

June

YTD thru
Dec
December
20,469
122,742
20,888
127,345
24,461
131,112
24,380
135,341
19,691
127,209
23,841
136,532

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