February 2023
Monthly Financial Report

PREPARED BY
Financial Accounting & Reporting Division

February 28, 2023
To the Mayor and City Council:
This is the City's Financial Report for February, the eighth 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

City of Phoenix
Monthly Financial Report
February 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

Better than Expected

Public Safety

2

Monitor and Consider Taking Action

Transportation

3

Monitor and Consider Taking Action

Community Development

3

Better than Expected

Community Enrichment

4

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.

February 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
813,577
1,214,362
67.0%
880,045
1,282,831
68.6%
903,632
1,371,152
65.9%
955,638
1,470,251
65.0%
1,062,562
1,678,643
63.3%

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

Better than Expected

Total General Fund
General Government
$1,800,000
$1,600,000
$1,600,000
$1,400,000
$1,400,000
$1,200,000
$1,200,000
$1,000,000
$1,000,000
$800,000
$800,000
$600,000
$600,000
$400,000
$400,000
$200,000
$200,000
$0
$0

February YTD
February 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 February are 11.2% 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
82,868
114,393
72.4%
88,049
123,100
71.5%
98,480
154,211
63.9%
106,133
161,907
65.6%
125,264
208,038
60.2%

* - 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

February YTD
Expenditures
February YTD
Expenditures

$100,000
$150,000
$80,000
$100,000
$60,000
$40,000
$50,000
$20,000
$0

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

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. 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 February are 18.0% 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

February 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
22,539
33,387
67.5%
23,352
35,033
66.7%
23,378
36,162
64.6%
27,299
40,008
68.2%
26,703
43,390
61.5%

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

Better than Expected

Criminal Justice
$50,000
$45,000
$40,000
$35,000
$30,000
$25,000
$20,000
$15,000
$10,000
$5,000
$0

February YTD
Expenditures

Annual
Expenditures *

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 February are 2.2% lower 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
560,757
841,467
66.6%
603,669
893,403
67.6%
610,262
925,920
65.9%
645,874
992,648
65.1%
720,543
1,088,575
66.2%

$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

February YTD
Expenditures

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

Annual
Expenditures *

$200,000
18-19

19-20

20-21

21-22

22-23

Monitor and Consider Taking Action
Public safety expenditures include costs for police and fire services. Fiscal year 2022-23 budgeted general fund public safety expenditures are 9.7% higher than the fiscal year 2021-22
actuals. Fiscal year 2022-23 actual general fund public safety expenditures through February are 11.6% 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

February 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
12,791
18,337
69.8%
14,596
19,748
73.9%
16,499
22,144
74.5%
15,305
23,166
66.1%
17,806
26,085
68.3%

* - 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

February YTD
Expenditures

$1
$0
$10,000

Series2 Annual
Expenditures *

$0
$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 February are 16.3% 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
14,108
21,238
66.4%
15,543
22,542
69.0%
26,371
24,114
109.4%
17,335
28,225
61.4%
19,632
36,748
53.4%

* - 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

February 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 February are 13.3% 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

February 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
104,285
156,552
66.6%
109,973
155,417
70.8%
101,048
158,589
63.7%
117,080
173,631
67.4%
124,611
197,458
63.1%

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

Community Enrichment
$240,000
February 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 February are 6.4%
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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
11,432
16,886
67.7%
16,282
19,180
84.9%
21,041
20,905
100.7%
20,266
26,508
76.5%
16,337
29,534
55.3%

* - 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

February 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 February are 19.4% 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.

February 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

February
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
2,608,600
3,775,464
69.1%
2,788,997
3,814,963
73.1%
2,649,539
4,163,122
63.6%
3,003,326
4,488,949
66.9%
3,179,335
5,811,553
54.7%

* - 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

February YTD
Expenditures

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

Annual
Expenditures *

$1,000,000
$0
18-19

19-20

20-21

21-22

22-23

Better than Expected
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 February are 5.9% higher than the same period in the prior fiscal year.

General Government

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

February
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
97,313
138,349
70.3%
102,365
157,200
65.1%
141,917
207,451
68.4%
116,108
238,925
48.6%
166,636
245,463
67.9%

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

General Government
$300,000
$250,000

February 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 February are 43.5% 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.

5

February Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Criminal Justice
February
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
28,660
42,530
67.4%
29,641
44,425
66.7%
28,792
44,147
65.2%
31,956
47,054
67.9%
31,289
51,449
60.8%

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
February 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 February are 2.1% lower than
the same period in the prior fiscal year. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional
areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and
expenditures will be reported by functional areas.

Public Safety

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

February
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
687,659
1,025,513
67.1%
746,664
1,110,457
67.2%
744,537
1,122,901
66.3%
810,144
1,228,901
65.9%
906,738
1,348,529
67.2%

* - 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

February 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 February are 11.9% 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.

6

February 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

February
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
551,359
722,667
76.3%
609,645
774,492
78.7%
532,257
786,597
67.7%
637,989
797,084
80.0%
610,496
831,587
73.4%

* - 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

February 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 February are 4.3%
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

February
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
128,818
195,716
65.8%
139,944
229,793
60.9%
177,266
245,310
72.3%
145,390
227,960
63.8%
171,500
306,574
55.9%

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

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

February YTD
Expenditures

Annual
Expenditures *
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 February are 18.0% 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.

7

February 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

February
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
213,163
317,465
67.1%
224,243
316,680
70.8%
242,813
390,805
62.1%
294,528
420,501
70.0%
325,193
479,012
67.9%

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

Community Enrichment
$600,000
February 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 February are 10.4% higher than the same period in the prior fiscal year. Debt service budget and expenditures for the first five months
ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of
December 2018 all debt service budget and expenditures will be reported by functional areas.

Environmental Services

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

February
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
451,911
670,219
67.4%
470,854
692,524
68.0%
488,846
734,733
66.5%
522,522
752,386
69.4%
544,105
853,197
63.8%

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

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

February YTD
Expenditures

Annual
Expenditures *

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 February are 4.1% higher than the same period in the prior fiscal year. Debt service budget and expenditures for
the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year
comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas.

8

February Citywide YTD Expenditures (Dollars in Thousands)

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

Citywide Debt Service Expenditures

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

February YTD
Annual
% of Annual
Expenditures
Expenditures *
Expenditures
77,756
116,634
66.7%
87,176
130,839
66.6%
88,075
131,938
66.8%
87,613
131,081
66.8%
164,239
198,070
82.9%

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

$240,000
February 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 February 2023 are 87.5% 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 yearto-year 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)

$

$ 261,441

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

26,867

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

$139,256

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)

$ 16,754

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

$ 77,171

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

$ 54,427

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

February YTD Revenues

Annual Revenues*

18-19

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

February YTD Revenues
786,330
832,171
950,641
978,312
1,108,970

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
64.4%
63.7%
63.7%
64.9%
69.8%

* - 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 February are
13.4% 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

74,260

150,000
120,000
90,000

162,129

170,209

182,043

199,194

192,215

60,000

Primary

118,611

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
192,871
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
7,687
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
118,611
74,260
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 February are 14.1% 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 February fiscal year 2022-23 Local Sales Tax revenues increased 7.9% 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 February are 6.7% 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 February fiscal year 2022-23 State Sales Tax revenues are higher 8.0% 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 February are 7.3% 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 February fiscal year 2022-23 Vehicle License Tax revenues increased 1.1% 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 February are 4.5% 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.

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 February fiscal year 2022-23 Governmental Funds revenues increased 7.0% 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 February are 5.7% 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 February fiscal year 2022-23 Aviation revenues increased 9.2% 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 February are 5.3% 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 February fiscal year 2022-23 Water System Operating revenues increased 4.3% than the same period in prior year. For the entire fiscal year 2021-22 Water System Operating
revenue for the full year increased 0.0% over fiscal year 2020-21. Fiscal year 2020-21 increased 8.4% over 2019-20 full year results.

- 20 -

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

Wastewater Operating Revenues
Budget vs Actual

30,000
25,000
20,000

22-23 Budget

15,000

22-23 Actuals

10,000
5,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Year to Date Performance Status
Monitor and Consider Taking Action
Wastewater Operating revenues for fiscal year 2022-23 are budgeted to increase 0.8% over fiscal year 2021-22 actual results. Year-to-date through February are 1.7% 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.

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 February fiscal year 2022-23 Wastewater Operating revenues decreased 0.4% 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 FEBRUARY 28
(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

$

459,059 $
2,586

425,439
2,693

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

164,873
205,456
54,213
118,611
2,018
3,914

152,691
142,598
53,626
113,697
1,769
4,411

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

5,105
496
9,320
315
4,241
1,160
7,189

5,189
513
9,587
342
3,322
1,277
6,029

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

30,913
709
12,578
10,413
15,801

29,941
565
12,320
2,043
10,257

1,589,483

- 22 -

$

1,108,970

$

978,312

General Fund Expenditures
As of FEBRUARY 28
(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

$

1,519 $
3,129
5,630
49,768
2,281
1,549
18,440
2,267
4,042
16,699
3,439
13,749
2,752
125,264

1,490
2,925
4,568
36,694
2,247
1,881
16,508
2,092
3,390
14,388
3,081
14,120
2,747
106,133

Criminal Justice
Municipal Court
Public Defender
Total Criminal Justice

37,568
5,822
43,390

23,400
3,302
26,703

21,705
5,594
27,299

Public Safety
Police
Fire
Others
Total Public Safety

659,530
429,045
1,088,575

448,439
272,104
720,543

395,134
250,933
(193)
645,874

Transportation
Street Transportation
Public Transit
Total Transportation

24,194
1,891
26,085

15,916
1,890
17,806

13,663
1,642
15,305

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

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

4,828
10,837
2,607
1,360
19,632

4,448
9,827
2,877
183
17,335

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

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

70,860
30,845
16,100
6,806
124,611

67,140
29,487
15,160
5,294
117,080

Environmental Services
Public Works
Environmental Programs
Others
Total Environmental Services

27,275
1,561
698
29,534

14,962
758
616
16,337

19,236
527
504
20,266

Capital Improvement

48,815

11,667

6,347

Vacancy Savings

(20,000)

-

-

Contingencies

120,788

-

-

Total Expenditures and Encumbrances

$

1,779,432

- 23 -

$ 1,062,562 $

955,638

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

Citywide Operating Revenue
As of FEBRUARY 28
(dollars in thousands)

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

Budget
Estimate
2022-2023

$

Total General Funds
Special Revenue and Debt Service Funds
Neighborhood Protection
Public Safety Enhancement & Expansion
Parks and Preserves
Golf Courses
Transit 2000 & 2050
Court Awards
Planning and Development
Capital Construction
Sports Facilities
Highway User Revenue
Regional Transit Revenues
Community Reinvestment
Other Restricted Fees
Grants
G.O. Bond/Secondary Property Tax
Total Special Revenue and
Debt Service Funds
Enterprise Funds
Aviation
Convention Center
Water System
Wastewater
Solid Waste
Total Enterprise Funds
Total Operating Revenues

$

631,431
3,006

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

459,059 $
2,586

425,439
2,693

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

164,873
205,456
54,213
118,611
2,018
3,914
5,601
9,320
315
4,241
1,160
7,189
44,201
10,413
15,801

152,691
142,598
53,626
113,697
1,769
4,411
5,702
9,587
342
3,322
1,277
6,029
42,826
2,043
10,257

1,589,484

1,108,970

978,311

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

34,057
85,986
36,913
6,473
253,812
(500)
73,083
4,281
17,949
100,381
25,457
3,226
20,359
94,452
74,443

30,695
79,138
31,115
6,000
223,479
2,398
65,987
4,296
15,350
102,232
3,912
3,427
12,321
180,538
72,599

1,869,135

830,373

833,488

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

319,834
71,048
337,374
178,840
135,255

292,916
55,896
323,317
179,475
133,148

1,591,028

1,042,350

984,752

5,049,647

- 24 -

$

$ 2,981,693 $ 2,796,552

Citywide Operating Expenditures
As of FEBRUARY 28
(dollars in thousands)

Source
General Government
General Funds
Other Funds
Total General Government

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

Budget
2022-2023

125,264 $
41,372
166,636

106,133
9,975
116,108

43,390
8,059
51,449

26,703
4,586
31,289

27,299
4,657
31,956

Public Safety
General Funds
Other Funds
Total Public Safety

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

720,543
186,195
906,738

645,874
164,270
810,144

Transportation
General Funds
Other Funds
Total Transportation

26,085
805,502
831,587

17,806
592,690
610,496

15,305
622,684
637,989

Community Development
General Funds
Other Funds
Total Community Development

36,748
269,826
306,574

19,632
151,868
171,500

17,335
128,055
145,390

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

197,458
281,554
479,012

124,611
200,582
325,193

117,080
177,448
294,528

Environmental Services
General Funds
Other Funds
Total Environmental Services

29,534
823,663
853,197

16,337
527,768
544,105

20,266
502,256
522,522

Debt Service
General Funds
Other Funds
Total Debt Service

198,070
198,070

164,239
164,239

87,613
87,613

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

11,667
247,471
259,138

6,347
308,399
314,746

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

108,448
108,448

-

42,330
42,330

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

1,062,563
2,116,771
3,179,335 $

$

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 -

955,639
2,047,687
3,003,326

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

Citywide Operating Revenue by Source
For the Month Ended
FEBRUARY 28
2023
2022

Budget
Estimate
2022-2023

Source

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

General Funds
$

54,420,577
261,151
54,681,728

$

42,535,045
194,904

Local Taxes:
Sales Taxes
Privilege License Fees

$

631,430,699
3,006,300

$

459,059,197
2,586,120

$

425,439,008
2,693,293

42,729,949

Total Local Taxes

634,436,999

461,645,317

428,132,301

19,204,725
25,681,939
6,276,302

12,163,699
17,673,908
5,828,580

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

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

164,873,097
205,455,514
54,212,885

152,691,363
142,598,305
53,626,311

51,162,966

35,666,187

620,642,000

424,541,496

348,915,979

4,772,037

4,273,225

Primary Property Tax

199,194,000

118,610,615

113,696,616

332,490

173,401

Licenses and Permits

2,872,000

2,017,657

1,769,370

1,996,645

2,261,448

Cable Communications

9,000,000

3,913,532

4,411,333

670,944
78,640

616,441
58,837

Municipal Court:
Fines and Forfeitures
Court Default Fee

8,184,192
920,000

5,105,451
495,977

5,189,212
512,985

749,584

675,278

9,104,192

5,601,428

5,702,197

2,545,208

1,201,195

14,154,183

9,320,480

9,586,940

18,435

4,625

399,106

314,679

341,705

474,044

388,689

Parks and Recreation

5,722,212

4,240,901

3,321,966

124,534

210,097

Planning and Development

1,828,100

1,160,332

1,276,935

563,534

285,381

Street Transportation

6,818,100

7,188,707

6,028,702

Fire:
Emergency Transportation Service
Hazardous Materials Inspection Fee
Other

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

30,912,980
709,275
12,578,413

29,941,480
564,625
12,320,014
42,826,119

Total State Shared Taxes

Total Municipal Court
Police
Library Fees

2,976,944
51,250
2,408,103

3,588,545
52,475
270,732

5,436,297

3,911,752

63,330,798

44,200,668

1,924,656

286,988

Interest

5,550,000

10,413,024

2,043,286

906,940

530,293

Other Fees and Service Charges

16,431,605

15,800,925

10,257,497

125,689,098

92,598,508

1,589,483,295

1,108,969,761

978,310,946

Total Fire

Total General Funds

26

Citywide Operating Revenue by Source (continued)
For the Month Ended
FEBRUARY 28
2023
2022

Budget
Estimate
2022-2023

Source

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

Special Revenue and Debt Service Funds
$

3,122,777
223,055
1,115,277
56,897

$

4,518,006
8,377,458
2,544,249
43,804

2,461,424
175,815
879,080
8,353
3,524,672

$
$
$

10,965,511

6,852,443
2,158,150
8,305
9,018,898

4,746,513

$

3,563,471

738,006
0
311,853
9,242
35,706

$
$
$
$
$

713,954
0
322,431
1,450
41,653

1,094,807
30,424,919
2,767,761

$
$

33,192,680

Total Public Safety Enhancement & Expansion

$

23,555,060
1,682,504
8,412,521
407,251

$

21,305,683
1,521,834
7,609,173
257,851

48,134,738

34,057,336

30,694,541

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

65,222,137
20,436,098
327,706

59,966,761
19,080,904
90,185

121,626,398

85,985,941

79,137,850

Parks and Preserves

48,789,684

36,913,459

31,115,293

Golf Courses:
Fees
Coffee Shops
Concessions
Interest
Other

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

4,035,633
0
2,051,095
59,129
326,704

3,758,033
0
1,905,952
9,376
326,184

9,561,976

6,472,561

5,999,545

23,916,964
2,417,230

Transit 2000 & 2050:
Sales Taxes
Interest/Other

326,454,730
38,156,549

229,355,862
24,455,708

207,622,397
15,857,093

364,611,279

253,811,570

223,479,490

Court Awards

4,532,715

(500,273)

2,398,456

Planning and Development

81,725,100

73,083,132

65,987,111

Capital Construction

6,299,234

4,280,537

4,296,240

Sports Facilities:
Sales Taxes
Interest/Other

24,576,788
3,877,936

16,327,516
1,621,726

14,405,025
945,413

28,454,724

17,949,242

15,350,438

$

0

7,951,236

$

8,508,381

454,878

$

446,452

2,342,934

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

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

Total Golf Courses

26,334,194

$
$

$

1,079,488

0

2,191,192
151,742

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

2,087,009
21,184
2,108,193

Total Transit 2000 & 2050

Total Sports Facilities

27

Citywide Operating Revenue by Source (continued)
For the Month Ended
FEBRUARY 28
2023
2022

Source

Budget
Estimate
2022-2023

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

154,499,000
500,000
0

98,534,845
1,791,898
54,252

101,609,123
326,079
296,742

154,999,000

100,380,995

102,231,944

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

11,772,742
299,179
3,292

12,590,181
47,565
20,442

12,075,213

12,658,188

-

$

-

Highway User Revenue:
Highway User Revenue
Interest
Other
Total Highway User Revenue

0

0

0

3,257,307

1,176,101

Local Transportation Assistance
Regional Transit Revenues

45,671,569

25,456,953

3,912,059

143,071

437,818

Community Reinvestment

6,045,200

3,226,199

3,427,034

5,657,712

6,602,827

Other Restricted Fees

48,378,624

20,359,275

12,320,930

458,755
14,108,790
2,441,176

248,124
7,916,993
1,172,079

Grants:
Public Housing:
Rentals
Grants
Other

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

3,038,495
76,150,921
8,453,671

3,433,647
66,505,041
11,534,012

17,008,721

9,337,196

157,011,183

87,643,087

81,472,700

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

25,249,305
(30,360,299)
1,270,741
10,648,928

28,100,326
44,360,497
(921,218)
27,525,971

$

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

4,792,059
0
7,213,703
2,153,620

4,309,944
11,512,295
17,434
3,408,161

14,159,382

19,247,834

Total Other

614,315,833

6,808,675

99,065,576

31,168,103

28,585,030

Total Grants

771,327,016

94,451,762

180,538,276

2,915,095
0

2,615,610
0

124,847,420
4,130,117

74,259,949
183,494

70,836,483
1,762,744

2,915,095

2,615,610

128,977,537

74,443,443

72,599,227

120,483,066

106,659,323

1,869,134,794

830,372,132

833,488,434

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

72,197,287
236,643,521
5,670,246
(1,697,872)
2,298,176
2,527,475
2,194,926

65,729,232
194,997,727
921,978
26,517,644
1,990,988
2,284,920
473,946

508,515,639

319,833,759

292,916,435

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:

9,361,368
28,814,673
934,325
17,075,705
279,396
464,528
360,951

8,138,175
24,488,380
88,405
311,986
254,725
239,829
61,906

57,290,946

33,583,406

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

28

Citywide Operating Revenue by Source (continued)
For the Month Ended
FEBRUARY 28
2023
2022

Budget
Estimate
2022-2023

Source

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

Enterprise Funds (Cont'd)
CONVENTION CENTER:
$

6,717,376
2,291,659
218,275

5,363,101
1,226,829
21,313

9,227,310

6,611,243

23,030,072
226,197
402,540
1,085,622
660,180
701,179
762,504

24,142,898
237,447
478,373
573,556
423,829
118,183
2,060,555

26,868,294

28,034,841

Excise Taxes
Operating Revenue
Interest
Total Convention Center

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

53,045,608
16,831,087
1,171,254

45,246,913
10,498,560
150,305

91,685,525

71,047,949

55,895,778

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

306,909,681
1,853,120
5,464,737
6,675,090
5,152,080
4,465,905
6,853,398

301,816,300
1,853,375
9,599,869
5,109,866
4,175,389
887,115
(124,841)

525,268,597

337,374,011

323,317,073

WATER SYSTEM:
$

Water Sales
Water Service Fees
Distribution
Intergovernmental
Development Fees
Interest
Other

$

Total Water System
WASTEWATER:

17,309,234
3,774,355
652,200
686,550
3,080,253

17,433,776
1,856,636
411,540
151,427
2,063,290

Sewer Service Charges
Multi-City
Development Fees
Interest
Other

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

135,760,942
14,612,570
4,905,180
4,221,728
19,339,103

140,458,572
14,839,936
4,009,050
1,168,804
18,998,963

25,502,592

21,916,669

Total Wastewater

268,890,325

178,839,523

179,475,325

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

118,434,612
8,714,542
740,111
7,365,764

114,800,149
9,089,155
146,362
9,112,008

196,668,387

135,255,029

133,147,674

1,591,028,473

1,042,350,271

984,752,285

SOLID WASTE:

$

15,066,009
844,849
120,985
894,350

14,605,434
1,206,392
21,204
1,061,653

16,926,193

16,894,683

135,815,335

107,040,842

381,987,499

$

306,298,673

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

$

29

5,049,646,562

$

2,981,692,164

$

2,796,551,665

Citywide Operating Expenditures by Program
For the Month Ended
FEBRUARY 28
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
$

179,133
400,966
837,426
9,945,348
68,856
217,265
168,909
2,457,795
227,634
543,840
3,100,888
187,514
8,098
291,814
959,412
306,584
19,901,483

$

175,868
336,849
480,859
4,007,601
104,233
402,794
266,189
2,069,743
208,866
356,420
1,470,151
223,161
(25,324)
352,623
1,846,057
201,769
12,477,859

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

$

1,518,644
3,129,025
6,110,286
57,606,814
920,282
2,409,563
1,877,087
19,548,051
2,267,413
4,041,508
37,274,042
2,027,848
46,090
3,439,442
21,891,732
2,528,650

$

1,490,209
2,925,273
4,756,251
38,444,069
957,494
2,255,794
2,185,511
17,705,464
2,092,275
3,390,049
14,890,359
1,782,432
59,394
3,081,072
18,151,123
1,941,316

$

1,518,644
3,129,025
6,110,286
50,296,505
920,282
2,409,563
1,877,087
19,548,051
2,267,413
4,041,508
36,886,498
2,027,848
46,090
3,439,442
14,699,056
2,528,650

7,310,309
387,544
7,192,676
-

245,462,707

166,636,477

116,108,086

151,745,947

14,890,530

45,627,473
5,821,708

27,987,117
3,302,187

26,362,624
5,593,717

24,606,207
3,302,187

3,380,910
-

51,449,181

31,289,304

31,956,341

27,908,395

3,380,910

851,356,532
497,172,879
-

584,161,395
322,576,610
-

505,788,683
304,272,918
82,572

583,118,222
321,719,405
-

1,043,173
857,205
-

1,348,529,411

906,738,005

810,144,173

904,837,627

1,900,378

Criminal Justice
3,252,639
447,573

3,414,754
2,516,398

3,700,212

5,931,153

Municipal Court
Public Defender
Total Criminal Justice
Public Safety

72,520,545
31,865,832
-

62,611,170
32,467,863
2,813

104,386,378

95,081,847

Police
Fire
Other
Total Public Safety

-30-

Citywide Operating Expenditures by Program (continued)
For the Month Ended
FEBRUARY 28
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
$

5,995,191
961,913
31,432,540
3,532,120

41,921,764

$

7,459,916
593,137
39,840,705
3,274,558

Street Transportation
Street Lighting
Aviation
Public Transit

51,168,316

Total Transportation

$

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

$

76,149,467
7,200,332
259,889,909
267,256,612

$

70,769,164
6,497,883
321,036,835
239,684,878

$

70,848,796
7,200,332
193,348,646
267,256,612

5,300,670
66,541,262
-

831,586,561

610,496,319

637,988,760

538,654,386

71,841,933

Community Development
6,674,947
10,024,588
1,262,398
1,913,735

6,021,081
8,407,027
974,773
2,025,333

Planning and Development
Housing
Economic Development
Neighborhood Services Department

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

53,858,491
79,030,488
15,164,501
23,446,425

48,727,417
68,096,072
9,185,317
19,381,242

53,858,491
78,982,056
11,478,816
23,446,425

48,431
3,685,685
-

19,875,667

17,428,213

Total Community Development

306,573,879

171,499,905

145,390,047

167,765,788

3,734,117

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

82,793,746
31,978,256
50,225,523
8,751,221
141,632,473
5,525,385
4,286,784

77,472,141
29,956,770
47,680,468
8,471,844
123,601,276
4,275,467
3,069,613

82,491,412
31,978,256
38,582,193
141,569,600
5,525,385
4,286,784

302,334
11,643,330
8,751,221
62,873
-

479,011,538

325,193,388

294,527,579

304,433,630

20,759,758

Community Enrichment
7,798,786
2,838,688
3,576,051
1,093,813
15,176,715
60,957
341,098

9,033,176
3,250,687
4,166,729
1,058,890
14,479,683
84,360
345,000

30,886,107

32,418,526

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

-31-

Citywide Operating Expenditures by Program (continued)
For the Month Ended
FEBRUARY 28
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
$

24,976,948
14,601,278
11,448,243
1,459,347
277,049
89,873
52,852,738

$

30,337,442
13,498,587
12,227,398
2,622,271
(308,461)
70,702
58,447,939

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

$

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

$

272,388,165
131,587,464
111,962,975
24,387,978
3,123,268
654,869

$

251,873,048
123,248,423
122,387,007
23,503,334
847,273
663,286

$

176,050,019
83,181,017
102,246,395
16,294,434
3,123,268
654,869

96,338,146
48,406,447
9,716,580
8,093,543
-

853,197,392

544,104,718

522,522,371

381,550,002

162,554,716

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

44,492,287
11,378,547
1,420,300
6,183,828
611,083
2,161,250
221,167
8,112,134
8,108,928
163,450
22,733,368
12,358,392
724,954
1,772,427
400,000
31,527,071
11,616,227
39,333
214,286

13,506,345
2,290,833
485,183
5,359,219
360,350
1,890,420
1,483,001
10,083,521
4,804,248
436,317
13,420,560
7,117,344
2,898,406
724,954
14
631,000
13,863,944
8,026,127
17,033
214,286

44,492,287
11,378,547
1,420,300
6,183,828
611,083
2,161,250
221,167
8,112,134
8,108,928
163,450
22,733,368
12,358,392
724,954
1,368,385
400,000
31,527,071
11,616,227
39,333
214,286

404,042
-

General Obligation Debt Service
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

Total Debt Service

198,070,331

164,239,033

87,613,106

163,834,991

404,042

48,556,015

44,960,690

Capital Improvement

1,389,224,070

259,138,436

314,745,775

259,138,436

-

16,759,946

American Rescue Plan Act

-

$

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

108,447,955

-

42,329,646

-

-

-

-

Vacancy Savings

(20,000,000)

-

-

-

-

-

-

Contingencies

186,288,000

-

-

-

-

332,984,065

345,626,125

5,977,841,025

3,179,335,584
-32-

3,003,325,884

2,899,869,201

279,466,383

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

$
23,431,147
11,566,513
1,373,069
18,064,777
3,011,643
2,909,671
328,247
398,854
61,228,155
20,182,671
2,061,967
12,453,597
1,114,161
37,957,431
65,359,031

$
371,896
7,567,396
3,726,786
2,326,677
4,563,005
4,799,917
53,195
839,721
9,192,592
176,649
11,314,207
180,286,781
378,445
103,181,624

- $
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

$
23,431,147
9,448,116
558,790
7,541,429
3,011,643
2,909,671
328,247
398,854
20,025,638
2,061,967
351,109
37,957,431
62,136,434

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

$
2,118,397
814,279
10,523,348
61,228,155
157,033
12,453,597
763,052
0
3,222,597

$

1,547,308,145 $

261,440,933 $

328,778,891

927,905,167 $

170,160,475

619,402,978 $

91,280,458

$

$

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

$

3,210,017,574

$

$

26,867,389
139,255,878
16,753,622
77,170,890
54,427,147
314,474,925

$

575,915,859

$

$

$

64,630,091
72,327,546
26,820,789
136,010,481
112,266,476
412,055,383

$

$

740,834,275

$ 1,389,224,070

- 33 -

$

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

$

16,935,301
1,735,136
9,383,566
20,930,804
39,993,153
88,977,960

$ 259,138,436

$

$

$

$

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
29,089,729
27,884,829
4,700,000
32,631,849
93,567,421
16,751,329
24,522,155
8,949,533
6,844,966
141,994,446
90,366,717
13,476,033
8,528,049
6,672,042
478,021,171
6,001,000
294,963,458

$

1,285,867,212

$

9,932,088
137,520,742
7,370,056
56,240,086
14,433,994
225,496,965

$

$

540,220,429
30,287,122
12,192,994
430,032,590
335,501,368
1,348,234,504

$

316,777,423

$

2,634,101,715

Bonds Authorized and Sold
As of FEBRUARY 28
(dollars in thousands)
Authorized

Sold

Available

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

$

Total General Obligation Bonds
Revenue Bonds
Bonds Fully Issued
Total 1988 Authorizations

29,285
884,175

$

28,285
884,175

$

1,000
-

913,460

912,460

1,000

143,890

143,890

-

1,057,350

1,056,350

1,000

66,300
125,300
24,800
61,500
12,000
33,000
91,500
74,000
77,000
78,800
66,000
43,700

64,600
124,685
24,170
60,700
11,205
32,100
89,275
71,645
72,575
77,685
65,950
43,700

1,700
615
630
800
795
900
2,225
2,355
4,425
1,115
50
-

753,900

738,290

15,610

81,000
11,100
198,700
12,800
104,622
74,705
29,178
115,500
107,295
78,200
65,400

63,385
8,510
190,610
8,345
85,510
61,200
21,100
102,290
81,900
58,135
61,770

17,615
2,590
8,090
4,455
19,112
13,505
8,078
13,210
25,395
20,065
3,630

878,500

742,755

135,745

2001 Authorization
General Obligation Bonds
Education, Youth and Family Cultural Facilities
Computer Technology
Environmental Cleanup
Fire Protection
Historic Preservation
Library Facilities
Street Improvements
Neighborhood Protection and Senior Centers
Parks, Open Space, and Recreational Facilities
Police Protection
Storm Sewer and Flood Protection
Bonds Fully Issued
Total 2001 Authorizations
2006 Authorization
General Obligation Bonds
Affordable Housing and Neighborhood 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

Feb
38,579
33,570
32,672
42,535
54,420
42,222

Mar

Apr

May

June

YTD thru
February
308,712
322,327
347,670
425,439
459,059
402,331

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

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

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

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

State Sales Tax (Dollars in Thousands)

State Sales Tax
30,000

18-19 Actuals

25,000

19-20 Actuals
20-21 Actuals

20,000

21-22 Actuals
15,000

22-23 Actuals
22-23 Budget

10,000

5,000

July

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

Aug

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

Sept

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

Oct

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

Nov

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

Dec

Jan

Feb

Mar

Apr

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

Feb
15,369
17,707
10,831
12,163
19,205
16,580

YTD thru
February
114,155
124,475
131,154
152,691
164,873
154,498

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.

- A2 -

May

June

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

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

Feb
5,490
6,528
5,568
5,828
6,276
6,504

YTD thru
February
49,364
52,104
55,358
53,626
54,213
58,459

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

June

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

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

Feb
173,462
187,061
178,738
199,258
246,172
232,309

Apr

May

June

YTD thru
February
1,464,131
1,550,839
1,692,359
1,811,800
1,939,342
2,031,122

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

Mar

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

Feb
32,944
34,215
61,877
33,583
57,291
48,011

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 -

Apr

YTD thru
February
253,977
266,636
211,743
292,916
319,834
302,695

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

Feb
21,558
25,643
25,188
28,035
26,868
28,647

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

YTD thru
February
277,133
307,592
340,303
323,317
337,374
356,101

May

June

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

Feb
19,436
20,973
24,355
21,916
25,503
22,911

YTD thru
February
164,291
170,381
173,897
179,475
178,840
181,864

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