January 2023
Monthly Financial Report

PREPARED BY
Financial Accounting & Reporting Division

January 31, 2023
To the Mayor and City Council:
This is the City's Financial Report for January, the seventh 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

April 5, 2024

INDEPENDENT AUDITOR REPORT
To the Chief Financial Officer,
We have assessed the Finance Department’s (Finance) January 2023 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,

Aaron Cook
City Auditor

City of Phoenix
Monthly Financial Report
January 2023
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

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.

January 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

January YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
723,600
1,214,362
59.6%
803,429
1,282,831
62.6%
807,024
1,371,152
58.9%
845,001
1,470,251
57.5%
942,130
1,678,993
56.1%

* - 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

January YTD
January 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 January are 11.5% 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

January YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
71,351
114,393
62.4%
82,137
123,100
66.7%
88,113
154,211
57.1%
94,798
161,907
58.6%
109,713
208,388
52.6%

* - 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

January YTD
Expenditures
January 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 28.7% higher than the fiscal year 2021-22 actuals. Fiscal year 2022-23 actual
general fund expenditures through January are 15.7% 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

January 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

January YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
19,966
33,387
59.8%
20,914
35,033
59.7%
20,819
36,162
57.6%
21,919
40,008
54.8%
23,693
43,390
54.6%

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

Expected

Criminal Justice
$50,000
January 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 January are 8.1% 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

January YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
497,136
841,467
59.1%
540,890
893,403
60.5%
548,165
925,920
59.2%
574,249
992,648
57.9%
634,818
1,088,575
58.3%

$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

January 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 January are 10.5% 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

January 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

January YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
12,296
18,337
67.1%
13,050
19,748
66.1%
14,984
22,144
67.7%
11,692
23,166
50.5%
15,988
26,085
61.3%

* - 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

January 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 January are 36.7% 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

January YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
12,563
21,238
59.2%
13,989
22,542
62.1%
24,441
24,114
101.4%
15,237
28,225
54.0%
17,627
36,748
48.0%

* - 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

January 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 January are 15.7% 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

January 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

January YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
94,512
156,552
60.4%
109,833
155,417
70.7%
91,616
158,589
57.8%
103,499
173,631
59.6%
113,839
197,458
57.7%

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

Community Enrichment
$240,000
January 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 January are 10.0%
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

January YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
11,409
16,886
67.6%
15,469
19,180
80.7%
14,724
20,905
70.4%
18,122
26,508
68.4%
15,770
29,534
53.4%

* - 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

January 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 January are 13.0% 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.

January 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

January YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
2,368,890
3,775,464
62.7%
2,374,095
3,814,963
62.2%
2,368,844
4,163,122
56.9%
2,657,700
4,488,949
59.2%
2,846,351
5,811,553
49.0%

* - 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

January 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 January are 7.1% higher than the same period in the prior fiscal year.

General Government

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

January YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
83,797
138,349
60.6%
94,503
157,200
60.1%
124,691
207,451
60.1%
103,630
238,925
43.4%
146,735
245,463
59.8%

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

General Government
$300,000
$250,000

January 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 January are 41.6% 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

January Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Criminal Justice
January YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
25,368
42,530
59.6%
26,282
44,425
59.2%
25,607
44,147
58.0%
26,025
47,054
55.3%
27,589
51,449
53.6%

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
January 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 January are 6.0% 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

January YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
609,051
1,025,513
59.4%
666,703
1,110,457
60.0%
667,778
1,122,901
59.5%
715,062
1,228,901
58.2%
802,352
1,348,529
59.5%

* - 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

January 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 January are 12.2% 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.

6

January 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

January YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
509,830
722,667
70.5%
561,011
774,492
72.4%
477,057
786,597
60.6%
586,820
797,084
73.6%
568,575
831,587
68.4%

* - 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

January 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 January are 3.1% 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

January YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
114,290
195,716
58.4%
124,284
229,793
54.1%
160,361
245,310
65.4%
127,962
227,960
56.1%
151,624
306,574
49.5%

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

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

January YTD
Expenditures

Annual
Expenditures *
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 January are 18.5% 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

January 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

January YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
191,638
317,465
60.4%
213,865
316,680
67.5%
221,173
390,805
56.6%
262,109
420,501
62.3%
294,307
479,012
61.4%

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

Community Enrichment
$600,000
January 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 January are 12.3% 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.

Environmental Services

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

January YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
408,296
670,219
60.9%
407,400
692,524
58.8%
433,301
734,733
59.0%
464,074
752,386
61.7%
491,252
853,197
57.6%

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

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

January YTD
Expenditures

Annual
Expenditures *

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 January are 5.9% 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

January 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

January YTD
Annual
% of Annual
Expenditures
Expenditures *
Expenditures
68,036
116,634
58.3%
76,260
130,839
58.3%
77,110
131,938
58.4%
76,661
131,081
58.5%
153,335
198,070
77.4%

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

$240,000
January 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 has an increase of 51.1% over fiscal year 2021-22 actuals in total operating expenditures. Actual debt service
expenditures through January 2023 are 100.0% higher than the same period in the prior fiscal year. Increases in fiscal year 2022-23 include a $75 million partial defeasance of General
Obligation Refunding Bonds, Series 2014, and a $60 million pay-off of the Excise Tax Revenue Obligations Loan that was used to purchase the 100 W. Washington Street Building. Note Debt service budgeted and actual expenditures for the first five months of fiscal year 2018-19 were moved out of functional areas and separately reported. To provide a more accurate year-toyear comparison from December 2018 forward, all debt service budgeted and actual expenditures are reported by functional areas.

-9-

Capital
Expenditures
Expenditures for capital projects. These expenditures
may come from designated capital funds such as
bond proceeds or grants, or they may come from
operating funds and be reported in both the
operating and capital sections.
Because of the long-term view used in capital
budgeting and the volatility of capital spending, no
performance status is provided unless capital
spending exceeds the capital budget.

Capital Expenditures (Dollars in Thousands)
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)

$

$ 197,227

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

25,387

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

$138,965

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)

$ 15,100

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

$ 56,005

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

$ 49,207

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

January YTD Revenues

Annual Revenues*

18-19

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

January YTD Revenues
696,529
741,812
863,490
885,713
983,281

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
57.1%
56.7%
57.9%
58.7%
61.9%

* - 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 January are 11.0%
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

71,345

150,000
120,000
90,000

162,129

170,209

182,043

199,194

192,215

60,000

Primary

113,839

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
185,184
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
16,279
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
113,839
71,345
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 January are 12.4% 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 January fiscal year 2022-23 Local Sales Tax revenues increased 5.7% 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 January are 5.6% 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 January fiscal year 2022-23 State Sales Tax revenues are higher 3.7% 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 January are 7.7% 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 January fiscal year 2022-23 Vehicle License Tax revenues increased 0.3% 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 January are 5.9% 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 January fiscal year 2022-23 Governmental Funds revenues increased 5.0% 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 January are 3.1% 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.

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 January fiscal year 2022-23 Aviation revenues increased 1.2% 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 January are 5.2% 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 January fiscal year 2022-23 Water System Operating revenues increased 5.2% 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 January are 3.5% 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 January fiscal year 2022-23 Wastewater Operating revenues decreased 2.7% 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 JANUARY 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

$

404,639 $
2,325

382,904
2,498

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

145,668
179,774
47,937
113,839
1,685
1,917

140,528
124,924
47,798
109,423
1,596
2,150

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

4,435
417
6,775
296
3,767
1,036
6,625

4,573
454
8,386
337
2,933
1,067
5,743

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

27,936
658
10,170
8,488
14,894

26,353
512
12,049
1,756
9,727

1,589,483

- 22 -

$

983,281

$

885,711

General Fund Expenditures
As of JANUARY 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
3,759
3,011
29,766
3,323
8,630
29,253
4,806
25,546
1,446
208,388

$

1,340 $
2,728
4,877
40,766
2,074
1,411
16,055
2,040
3,498
15,408
3,148
13,857
2,511
109,713

1,314
2,588
4,105
32,899
1,847
1,664
14,632
1,883
3,034
12,949
2,728
12,700
2,455
94,798

Criminal Justice
Municipal Court
Public Defender
Total Criminal Justice

37,568
5,822
43,390

20,839
2,855
23,693

18,842
3,077
21,919

Public Safety
Police
Fire
Others
Total Public Safety

659,530
429,045
1,088,575

389,649
245,169
634,818

351,661
222,783
(194)
574,249

Transportation
Street Transportation
Public Transit
Total Transportation

24,194
1,891
26,085

14,098
1,890
15,988

10,050
1,642
11,692

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

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

4,420
9,688
2,198
1,322
17,627

4,006
8,599
2,471
161
15,237

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

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

64,279
28,178
14,903
6,479
113,839

59,268
26,306
13,029
4,896
103,499

Environmental Services
Public Works
Environmental Programs
Others
Total Environmental Services

27,275
1,561
698
29,534

14,563
677
530
15,770

17,147
526
449
18,122

Capital Improvement

48,815

10,682

5,486

Vacancy Savings

(20,000)

-

-

Contingencies

120,788

-

-

942,130 $

845,001

Total Expenditures and Encumbrances

$

1,779,782

- 23 -

$

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

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

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

Budget
Estimate
2022-2023
$

Total General Funds

631,431
3,006

404,639 $
2,325

382,904
2,498

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

145,668
179,774
47,937
113,839
1,685
1,917
4,852
6,775
296
3,767
1,036
6,625
38,764
8,488
14,894

140,528
124,924
47,798
109,423
1,596
2,150
5,027
8,386
337
2,933
1,067
5,743
38,914
1,756
9,727

1,589,484

983,281

885,712

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

29,539
75,020
32,167
5,378
220,619
(500)
65,132
3,826
15,606
88,306
22,200
3,083
14,702
63,284
71,528

27,170
70,119
27,552
4,920
197,145
2,398
57,479
3,850
13,242
89,574
2,736
2,989
5,718
151,953
69,984

1,869,135

709,889

726,829

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

262,543
61,821
310,506
153,337
118,329

259,333
49,285
295,282
157,559
116,253

1,591,028

906,535

877,711

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 -

$

$ 2,599,705 $ 2,490,253

Citywide Operating Expenditures
As of JANUARY 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

109,713 $
37,022
146,735

94,798
8,832
103,630

43,390
8,059
51,449

23,693
3,896
27,589

21,919
4,106
26,025

Public Safety
General Funds
Other Funds
Total Public Safety

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

634,818
167,534
802,352

574,249
140,813
715,062

Transportation
General Funds
Other Funds
Total Transportation

26,085
805,502
831,587

15,988
552,587
568,575

11,692
575,128
586,820

Community Development
General Funds
Other Funds
Total Community Development

36,748
269,826
306,574

17,627
133,997
151,624

15,237
112,725
127,962

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

197,458
281,554
479,012

113,839
180,468
294,307

103,499
158,610
262,109

Environmental Services
General Funds
Other Funds
Total Environmental Services

29,534
823,663
853,197

15,770
475,482
491,252

18,122
445,952
464,074

Debt Service
General Funds
Other Funds
Total Debt Service

198,070
198,070

153,335
153,335

76,661
76,661

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

10,682
199,900
210,582

5,486
264,299
269,785

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

108,448
108,448

-

25,570
25,570

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

-

-

1,779,781
4,198,060
5,977,841

942,130
1,904,221
2,846,351 $

$

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

$

208,388
37,075
245,463

$

$

- 25 -

845,002
1,812,696
2,657,698

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

Citywide Operating Revenue by Source
For the Month Ended
JANUARY 31
2023
2022

Budget
Estimate
2022-2023

Source

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

General Funds
$

70,666,688
780,458
71,447,146

$

70,196,712
581,579

Local Taxes:
Sales Taxes
Privilege License Fees

$

631,430,699
3,006,300

$

404,638,620
2,324,969

$

382,903,963
2,498,389

70,778,291

Total Local Taxes

634,436,999

406,963,589

385,402,352

20,469,634
25,681,939
6,683,450

22,363,978
17,673,908
7,284,564

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

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

145,668,372
179,773,575
47,936,583

140,527,664
124,924,397
47,797,731

52,835,023

47,322,450

620,642,000

373,378,530

313,249,792

10,118,714

11,270,280

Primary Property Tax

199,194,000

113,838,578

109,423,391

168,604

121,036

Licenses and Permits

2,872,000

1,685,167

1,595,969

0

0

Cable Communications

9,000,000

1,916,887

2,149,885

585,809
48,987

Municipal Court:
Fines and Forfeitures
Court Default Fee

8,184,192
920,000

4,434,507
417,337

4,572,771
454,148

662,578
57,512
720,090

634,796

659,973

1,296,133

101,986

6,168

486,932

380,415

176,519
238,738

Total State Shared Taxes

Total Municipal Court

9,104,192

4,851,844

5,026,919

14,154,183

6,775,272

8,385,745

399,106

296,244

337,080

Parks and Recreation

5,722,212

3,766,857

2,933,277

145,135

Planning and Development

1,828,100

1,035,798

1,066,838

450,743

Street Transportation

6,818,100

6,625,173

5,743,321

Fire:
Emergency Transportation Service
Hazardous Materials Inspection Fee
Other

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

27,936,036
658,025
10,170,310

26,352,935
512,150
12,049,282

63,330,798

38,764,371

38,914,367
1,756,298

Police
Library Fees

2,698,471
93,875
1,419,087

3,324,064
100,375
3,869,899

4,211,433

7,294,338

1,814,014

282,305

Interest

5,550,000

8,488,368

1,243,380

571,491

Other Fees and Service Charges

16,431,605

14,893,985

9,727,204

144,222,552

140,553,581

1,589,483,295

983,280,663

885,712,438

Total Fire

Total General Funds

26

Citywide Operating Revenue by Source (continued)
For the Month Ended
JANUARY 31
2023
2022

Budget
Estimate
2022-2023

Source

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

Special Revenue and Debt Service Funds
$

3,713,591
265,257
1,326,283
51,464

$

5,356,595
9,704,789
2,867,697
46,193

$
$
$

12,618,679
5,599,296
716,028
0
294,297
9,809
47,248

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

5,326,610

Total Neighborhood Protection

10,458,173
3,321,993
9,883
13,790,049

$
$
$
$
$
$

1,067,382
36,113,802
3,380,997

3,722,581
265,899
1,329,494
8,636

$
$

39,494,799

5,363,144
696,532
0
304,541
1,265
44,563

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

$

20,432,283
1,459,449
7,297,244
350,354

$

18,844,259
1,346,019
6,730,093
249,498

48,134,738

29,539,330

27,169,869

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

56,844,679
17,891,849
283,902

53,114,318
16,922,754
81,880

121,626,398

75,020,430

70,118,952

Parks and Preserves

48,789,684

32,166,946

27,551,822

Golf Courses:
Fees
Coffee Shops
Concessions
Interest
Other

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

3,297,627
0
1,739,242
49,887
290,998

3,044,079
0
1,583,521
7,926
284,531

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

1,046,901

Total Golf Courses

9,561,976

5,377,754

4,920,057

36,198,956
2,795,687

Transit 2000 & 2050:
Sales Taxes
Interest/Other

326,454,730
38,156,549

198,930,943
21,687,947

183,705,433
13,439,863

38,994,643

159,850

$

0

6,452,742

$

6,133,292

651,008

$

679,073

2,613,045
155,886

$
$

2,172,543
21,171

2,768,931

$

2,193,714

364,611,279

220,618,890

197,145,296

Court Awards

Total Transit 2000 & 2050

4,532,715

(500,273)

2,398,456

Planning and Development

81,725,100

65,131,896

57,478,730

Capital Construction

6,299,234

3,825,659

3,849,788

Sports Facilities:
Sales Taxes
Interest/Other

24,576,788
3,877,936

14,136,324
1,469,984

12,318,016
924,229

28,454,724

15,606,308

13,242,245

Total Sports Facilities

27

Citywide Operating Revenue by Source (continued)
For the Month Ended
JANUARY 31
2023
2022

Budget
Estimate
2022-2023

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

154,499,000
500,000
0

86,762,103
1,492,719
50,960

89,018,942
278,514
276,300

Total Highway User Revenue

154,999,000

88,305,782

89,573,756

Local Transportation Assistance

0

0

0

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

$

13,121,269
311,224
11,194

14,094,440
44,797
50,000

13,443,687

14,189,237

-

$

-

Highway User Revenue:
Highway User Revenue
Interest
Other

3,262,225

553,916

Regional Transit Revenues

45,671,569

22,199,646

2,735,958

1,518,958

1,384,604

Community Reinvestment

6,045,200

3,083,128

2,989,216

1,741,292

(2,874)

Other Restricted Fees

48,378,624

14,701,563

5,718,103

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

2,579,740
62,042,131
6,012,495

3,185,523
58,588,048
10,361,933

157,011,183

70,634,366

72,135,504

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

20,457,246
(30,360,299)
(5,942,962)
8,495,308

23,790,382
32,848,202
(938,652)
24,117,810

Total Other

614,315,833

(7,350,707)

79,817,742

Total Grants

771,327,016

63,283,659

151,953,246

124,847,420
4,130,117

71,344,854
183,494

68,220,873
1,762,744

128,977,537

71,528,348

69,983,617

1,869,134,794

709,889,066

726,829,111

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

62,835,919
207,828,848
4,735,921
(18,773,577)
2,018,780
2,062,947
1,833,975

57,591,057
170,509,347
833,573
26,205,658
1,736,263
2,045,091
412,040

508,515,639

262,542,813

259,333,029

472,011
8,295,861
472,746

395,863
7,632,812
853,913

9,240,618

8,882,588

5,080,561
132,282
13,598
4,174,700

4,543,899
11,972,175
22,144
4,963,616

9,401,141

21,501,834

18,641,759

30,384,422

6,160,244
0

6,815,654
0

6,160,244

6,815,654

118,937,447

126,852,385

Grants:
Public Housing:
Rentals
Grants
Other

$

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:

9,143,165
34,779,136
946,583
392,355
276,955
312,113
377,489

8,673,896
22,484,194
84,460
25,561,139
244,345
282,686
59,912

46,227,796

57,390,632

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

28

Citywide Operating Revenue by Source (continued)
For the Month Ended
JANUARY 31
2023
2022

Budget
Estimate
2022-2023

Source

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

Enterprise Funds (Cont'd)
CONVENTION CENTER:
$

8,528,958
1,855,584
210,397

8,049,458
2,298,805
19,289

10,594,939

10,367,552

24,246,192
232,589
427,752
1,119,558
991,500
755,670
642,832

26,169,750
240,624
497,669
463,865
553,599
112,846
863,632

28,416,093

28,901,985

Excise Taxes
Operating Revenue
Interest
Total Convention Center

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

46,328,232
14,539,428
952,979

39,883,812
9,271,731
128,992

91,685,525

61,820,639

49,284,535

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

283,879,609
1,626,923
5,062,197
5,589,468
4,491,900
3,764,726
6,090,894

277,673,402
1,615,928
9,121,496
4,536,310
3,751,560
768,932
(2,185,396)

525,268,597

310,505,717

295,282,232

WATER SYSTEM:
$

Water Sales
Water Service Fees
Distribution
Intergovernmental
Development Fees
Interest
Other

$

Total Water System
WASTEWATER:

17,347,503
1,698,573
948,360
706,313
5,426,823

17,422,547
2,019,711
520,350
138,839
2,115,916

Sewer Service Charges
Multi-City
Development Fees
Interest
Other

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

118,451,708
10,838,215
4,252,980
3,535,178
16,258,850

123,024,796
12,983,300
3,597,510
1,017,377
16,935,673

26,127,572

22,217,363

Total Wastewater

268,890,325

153,336,931

157,558,656

15,090,918
896,922
124,101
935,782

14,613,871
789,946
19,912
1,954,318

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

103,368,603
7,869,693
619,126
6,471,414

100,194,715
7,882,763
125,158
8,050,355

196,668,387

118,328,836

116,252,991

1,591,028,473

906,534,936

877,711,443

SOLID WASTE:

$

17,047,723

17,378,047

128,414,123

136,255,579

391,574,122

$

403,661,545

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

$

29

5,049,646,562

$

2,599,704,665

$

2,490,252,992

Citywide Operating Expenditures by Program
For the Month Ended
JANUARY 31
2023
2022

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
$

177,707 $
365,048
762,798
4,709,364
79,834
263,226
217,426
1,913,665
214,927
545,879
1,379,825
224,369
(33,882)
348,099
2,615,570
(1,333,442)

155,301
321,122
417,857
1,976,565
67,256
212,323
223,764
1,977,597
295,579
278,201
1,311,138
273,184
11,305
305,507
1,807,961
198,256

12,450,413

9,832,916

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

$

1,339,511
2,728,060
5,272,859
47,661,467
851,427
2,192,298
1,708,178
17,090,256
2,039,779
3,497,667
34,173,154
1,840,334
37,992
3,147,627
20,932,319
2,222,066

$

1,314,340
2,588,424
4,275,392
34,436,468
853,261
1,853,000
1,919,322
15,635,721
1,883,409
3,033,630
13,420,207
1,559,271
84,718
2,728,450
16,305,067
1,739,547

$

1,339,511
2,728,060
5,272,859
41,264,811
851,427
2,192,298
1,708,178
17,090,256
2,039,779
3,497,667
33,834,053
1,840,334
37,992
3,147,627
14,711,867
2,222,066

6,396,656
339,101
6,220,452
-

245,462,707

146,734,994

103,630,226

133,778,784

12,956,209

45,627,473
5,821,708

24,734,478
2,854,614

22,947,870
3,077,318

21,776,182
2,854,614

2,958,296
-

51,449,181

27,589,093

26,025,188

24,630,797

2,958,296

851,356,532
497,172,879
-

511,640,850
290,710,778
-

443,177,513
271,805,055
79,759

510,727,803
289,960,724
-

913,047
750,054
-

1,348,529,411

802,351,627

715,062,326

800,688,527

1,663,101

Criminal Justice
3,236,080
473,084

2,848,067
428,426

3,709,165

3,276,493

Municipal Court
Public Defender
Total Criminal Justice
Public Safety

68,667,849
37,138,187
(289)

54,652,467
34,835,083
(403,453)

105,805,747

89,084,097

Police
Fire
Other
Total Public Safety

-30-

Citywide Operating Expenditures by Program (continued)
For the Month Ended
JANUARY 31
2023
2022

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
$

8,828,635
785,627
33,175,759
4,494,925
47,284,946

$

6,476,410
599,745
32,840,979
5,007,104

Street Transportation
Street Lighting
Aviation
Public Transit

44,924,239

Total Transportation

$

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

$

70,154,276
6,238,418
228,457,369
263,724,492

$

63,309,248
5,904,746
281,196,130
236,410,320

$

65,198,829
6,238,418
170,346,321
263,724,492

4,955,447
58,111,048
-

831,586,561

568,574,555

586,820,444

505,508,060

63,066,495

Community Development
6,376,705
11,377,038
1,062,762
2,160,492

5,500,616
8,978,610
812,006
2,594,800

Planning and Development
Housing
Economic Development
Neighborhood Services Department

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

47,183,544
69,005,900
13,902,104
21,532,690

42,706,336
59,689,045
8,210,544
17,355,909

47,183,544
68,963,522
10,677,039
21,532,690

42,378
3,225,065
-

20,976,997

17,886,032

Total Community Development

306,573,879

151,624,238

127,961,834

148,356,796

3,267,442

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

74,994,961
29,139,569
46,649,472
7,657,408
126,455,757
5,464,428
3,945,686

68,438,965
26,706,083
43,513,739
7,412,953
109,121,593
4,191,106
2,724,613

74,730,418
29,139,569
36,461,130
126,400,743
5,464,428
3,945,686

264,543
10,188,343
7,657,408
55,014
-

479,011,538

294,307,281

262,109,053

276,141,973

18,165,307

Community Enrichment
9,363,418
2,725,885
5,495,290
1,093,813
12,593,332
81,588
402,684

8,270,686
2,478,164
4,309,742
1,058,890
12,553,048
107,349
271,349

31,756,010

29,049,230

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

-31-

Citywide Operating Expenditures by Program (continued)
For the Month Ended
JANUARY 31
2023
2022

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
$

33,722,538
17,743,636
14,202,459
3,204,830
330,845
89,199

$

22,973,348
15,605,198
14,858,829
2,125,969
132,864
70,844

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

69,293,506

55,767,054

Total Environmental Services

1,952,923
1,420,565
176,313
638,663
52,010
183,009
27,646
542,998
584,835
20,431
1,502,655
1,053,105
90,619
50,000
1,589,303
989,422
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

10,903,701

10,951,637

27,609,981

25,988,676
7,268,304

$

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

$

247,411,217
116,986,185
100,514,732
22,928,631
2,846,219
564,996

$

221,535,606
109,749,836
110,159,609
20,881,063
1,155,734
592,584

$

162,921,727
74,437,026
92,012,590
15,846,609
2,846,219
564,996

84,489,490
42,549,159
8,502,142
7,082,022
-

853,197,392

491,251,980

464,074,432

348,629,166

142,622,813

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

42,539,364
9,957,982
1,243,987
5,545,165
559,073
1,978,241
193,521
7,569,136
7,524,093
143,019
21,230,713
11,305,287
634,335
1,772,427
350,000
29,937,768
10,626,805
36,917
187,500

11,818,052
2,004,479
424,535
4,689,317
315,306
1,654,118
1,297,626
8,823,081
4,203,717
381,777
11,742,990
6,227,676
2,536,106
634,335
14
552,125
12,130,951
7,022,861
14,904
187,500

42,539,364
9,957,982
1,243,987
5,545,165
559,073
1,978,241
193,521
7,569,136
7,524,093
143,019
21,230,713
11,305,287
634,335
1,368,385
350,000
29,937,768
10,626,805
36,917
187,500

404,042
-

Total Debt Service

198,070,331

153,335,332

76,661,470

152,931,290

404,042

Capital Improvement

1,389,224,070

210,582,421

269,785,086

210,582,421

-

General Obligation Debt Service

$

329,790,465

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

294,028,676

186,288,000

-

5,977,841,025

2,846,351,520
-32-

25,569,699
2,657,699,759

-

-

-

-

2,601,247,815

245,103,705

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

$
11,670,942
10,668,234
1,289,818
6,480,517
2,832,787
2,345,014
284,209
382,525
48,210,215
19,282,324
1,789,861
12,453,597
1,007,211
25,334,174
53,195,943

$
320,744
6,901,549
3,726,786
2,244,635
4,313,675
4,326,949
33,859
813,062
6,639,560
176,461
11,314,206
177,937,388
378,445
84,609,384

- $
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

$
11,670,942
8,926,984
505,131
4,842,026
2,832,787
2,345,014
284,209
382,525
19,142,958
1,789,861
304,113
25,334,174
51,416,528

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

$
1,741,250
784,687
1,638,491
48,210,215
139,366
12,453,597
703,098
1,779,415

$

1,547,308,145 $

197,227,373 $

303,736,705

927,905,167 $

129,777,253

619,402,978 $

67,450,121

$

$

$

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

$

$

25,387,164
138,964,936
15,099,561
56,005,105
49,207,009
284,663,775

$

3,210,017,574

$

481,891,148

$

$

$

59,834,767
70,032,376
2,701,748
127,158,256
95,489,185
355,216,332

$

658,953,037

$ 1,389,224,070

- 33 -

$

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

$

$

15,967,777
1,467,186
7,983,888
20,308,253
35,078,066
80,805,169

$

$ 210,582,421

$

$

$

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
40,849,934
28,783,108
4,700,000
32,715,100
105,151,681
16,930,185
25,086,812
8,993,571
6,861,295
155,012,386
91,267,064
13,748,139
8,528,049
6,778,992
490,644,428
6,001,000
307,126,546

$

1,350,080,772

$

$

9,419,387
137,497,750
7,115,673
35,696,852
14,128,943
203,858,606

$

541,700,654
30,578,064
13,847,055
451,198,375
340,721,506
1,378,045,654

$

271,308,726

$

2,728,126,426

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

Sold

Available

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

$

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

Dec
53,513
51,643
39,837
53,633
59,276
56,912

Jan
35,343
39,512
42,051
70,197
70,667
53,611

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

YTD thru
January
270,133
288,757
314,998
382,904
404,639
360,109

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

Jan

Feb

Mar

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

Dec
14,902
12,120
19,640
23,860
22,501
20,854

Jan
12,154
17,440
19,033
22,364
20,469
20,992

YTD thru
January
98,786
106,768
120,323
140,528
145,668
137,918

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 -

Apr

May

June

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

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

Jan

Feb

Mar

Apr

May

June

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

Dec
5,800
5,891
6,529
6,537
6,555
6,877

Jan
6,143
6,514
7,328
7,285
6,684
7,575

YTD thru
January
43,874
45,576
49,790
47,798
47,937
51,955

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

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 -

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

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

Jan

Jan
170,844
209,806
216,626
267,406
263,160
270,465

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

Mar

YTD thru
January
1,290,669
1,363,778
1,513,621
1,612,542
1,693,170
1,798,813

Apr

May

June

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

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

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

Dec
30,496
36,787
31,636
35,025
25,237
39,545

Jan
31,205
34,297
18,059
57,391
46,228
41,614

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

YTD thru
January
221,033
232,421
149,866
259,333
262,543
254,684

Apr

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

Sept

Oct

Nov

Dec

Jan

Feb

Mar

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

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

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

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

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

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

Jan
22,565
25,330
28,579
28,902
28,416
30,059

YTD thru
January
255,575
281,949
315,115
295,282
310,506
327,454

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 -

Apr

May

June

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

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

Jan

Feb

Mar

Apr

May

June

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

Dec
20,469
20,888
24,461
24,380
19,691
23,841

Jan
22,113
22,063
18,430
22,218
26,128
22,421

YTD thru
January
144,855
149,408
149,542
157,559
153,337
158,953

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