March 2023
Monthly Financial Report

PREPARED BY
Financial Accounting & Reporting Division

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

August 7, 2023

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

Ross Tate
City Auditor

City of Phoenix
Monthly Financial Report
March 2023
Table of Contents
Expenditures by Programs

Page

Performance Status

General Fund Expenditures
General Fund Total Expenditures

1

Expected

General Government

1

Better than Expected

Criminal Justice

1

Better than Expected

Public Safety

2

Monitor and Consider Taking Action

Transportation

2

Expected

Community Development

2

Better than Expected

Community Enrichment

3

Better than Expected

Environmental Services

3

Better than Expected

Citywide Expenditures
Citywide Total Operating Expenditures

4

Better than Expected

General Government

4

Monitor and Consider Taking Action

Criminal Justice

4

Better than Expected

Public Safety

5

Monitor and Consider Taking Action

Transportation

5

Better than Expected

Community Development

5

Better than Expected

Community Enrichment

6

Better than Expected

Environmental Services

6

Better than Expected

General Obligation Debt Service

6

Monitor and Consider Taking Action

Capital Expenditures
CIP-General Government

7

CIP-Aviation

7

CIP-Phoenix Convention Center

8

CIP-Solid Waste Disposal

8

CIP-Wastewater

9

CIP-Water System

9

Page

Performance Status

General Fund Total Operating Revenue

10

Better than Expected

Property Tax

11

Better than Expected

Local Sales Tax

12

Better than Expected

Revenues by Source

State Sales Tax

13

Better than Expected

Vehicle License Tax

14

Monitor and Consider Taking Action

Governmental Funds

15

Monitor and Consider Taking Action

Aviation

16

Better than Expected

Water System

17

Monitor and Consider Taking Action

Wastewater

18

Monitor and Consider Taking Action

Financial Schedules

Page

General Fund Revenue

19

General Fund Expenditures

20

Citywide Operating Revenue

21

Citywide Operating Expenditures

22

Citywide Operating Revenue by Source

23

Citywide Operating Expenditures by Program

26

Capital Expenditures and Encumbrances

28

Bonds Authorized and Sold

29

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.

General Fund Year-To-Date Expenditures (In Thousands of Dollars)
Refer to detailed financial schedules pages 19 thru 29
Total General Fund Expenditures

Fiscal Year
18-19
19-20
20-21
21-22
22-23

March YTD
Expenditures
912,740
975,399
1,013,795
1,058,923
1,209,699

Annual
Expenditures *
1,214,362
1,282,831
1,371,152
1,470,251
1,678,643

Total General Fund
% of Annual
Expenditures
75.2%
76.0%
73.9%
72.0%
72.1%

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

$2,000,000
March YTD
Expenditures

$1,500,000
$1,000,000

Annual
Expenditures *

$500,000
$0

Expected

18-19

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. 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 March are 14.2% 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
Fiscal Year
18-19
19-20
20-21
21-22
22-23

March YTD
Expenditures
91,276
103,440
115,104
116,794
137,891

General Government
Annual
% of Annual
Expenditures * Expenditures
114,393
79.8%
123,100
84.0%
154,211
74.6%
161,907
72.1%
208,038
66.3%

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

$250,000
March YTD
Expenditures

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

Annual
Expenditures *

$50,000
$0

Better than Expected

18-19

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. 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 March are 18.1% 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.

Criminal Justice

Fiscal Year
18-19
19-20
20-21
21-22
22-23

Criminal Justice

March YTD
Expenditures
25,192
26,103
26,376
30,149
30,484

Annual
Expenditures *
33,387
35,033
36,162
40,008
43,390

% of Annual
Expenditures
75.5%
74.5%
72.9%
75.4%
70.3%

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

$50,000
March YTD
Expenditures

$40,000
$30,000

Annual
Expenditures *

$20,000
$10,000
$0

Better than Expected

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
2021-22 actuals. Fiscal year 2022-23 actual general fund expenditures through March are 1.1% 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.

1

General Fund Year-To-Date Expenditures (In Thousands of Dollars)
Refer to detailed financial schedules pages 19 thru 29
Public Safety
Fiscal Year
18-19
19-20
20-21
21-22
22-23

Public Safety
March YTD
Expenditures
631,910
667,266
687,120
717,615
824,521

Annual
Expenditures *
841,467
893,403
925,920
992,648
1,088,575

% of Annual
Expenditures
75.1%
74.7%
74.2%
72.3%
75.7%

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

$1,200,000
March YTD
Expenditures

$900,000
$600,000

Annual
Expenditures *

$300,000
$0
18-19

Monitor and Consider Taking Action

19-20

20-21

21-22

22-23

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 202122 actuals. Fiscal year 2022-23 actual general fund public safety expenditures through March are 14.9% 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.

Transportation
Fiscal Year
18-19
19-20
20-21
21-22
22-23

Transportation

March YTD
Expenditures
14,240
16,198
18,090
17,379
19,666

Annual
Expenditures *
18,337
19,748
22,144
23,166
26,085

% of Annual
Expenditures
77.7%
82.0%
81.7%
75.0%
75.4%

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

$30,000
$25,000
March YTD
Expenditures

$20,000
$15,000
$10,000

Annual
Expenditures *

$5,000
$0

Expected

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
2021-22 actuals. Fiscal year 2022-23 actual general fund transportation expenditures through March are 13.2% 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
Fiscal Year
18-19
19-20
20-21
21-22
22-23

March YTD
Expenditures
16,072
17,479
18,109
21,233
22,450

Community Development
Annual
Expenditures *
21,238
22,542
24,114
28,225
36,748

% of Annual
Expenditures
75.7%
77.5%
75.1%
75.2%
61.1%

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

$40,000
March YTD
Expenditures

$30,000
$20,000

Annual
Expenditures *

$10,000
$0

Better than Expected

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 March are 5.7% 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.

2

General Fund Year-To-Date Expenditures (In Thousands of Dollars)
Refer to detailed financial schedules pages 19 thru 29
Community Enrichment
Fiscal Year
18-19
19-20
20-21
21-22
22-23

March YTD
Expenditures
116,186
120,436
112,581
126,802
139,590

Community Enrichment
Annual
Expenditures *
156,552
155,417
158,589
173,631
197,458

% of Annual
Expenditures
74.2%
77.5%
71.0%
73.0%
70.7%

$250,000
March YTD
Expenditures

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

Annual
Expenditures *

$50,000

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

$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 March are
10.1% higher than the same period in fiscal year 2021-22.
General fund community enrichment expenditures increased 9.5% in fiscal year 2021-22 over fiscal year 2020-21. This followed an increase of 2.0% from 2020-21 over 2019-20 and
a decrease of 0.7% from 2019-20 over 2018-19 fiscal results.

Environmental Services
Fiscal Year
18-19
19-20
20-21
21-22
22-23

March YTD
Expenditures
12,949
16,185
16,950
19,784
19,220

Environmental Services
Annual
Expenditures *
16,886
19,180
20,905
26,508
29,534

% of Annual
Expenditures
76.7%
84.4%
81.1%
74.6%
65.1%

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

$30,000
March YTD
Expenditures

$25,000
$20,000
$15,000
$10,000

Annual
Expenditures *

$5,000
$0

Better than Expected

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 202122 actuals. Fiscal year 2022-23 actual general fund environmental service expenditures through March are 2.9% 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.

3

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.

Citywide Year-To-Date Expenditures (In Thousands of Dollars)
Refer to detailed financial schedules pages 19 thru 29
Total Citywide Operating

Fiscal Year
18-19
19-20
20-21
21-22
22-23

March YTD
Expenditures
2,927,854
3,089,643
3,061,389
3,326,700
3,556,751

Total Citywide
Annual
Expenditures *
3,775,464
3,814,963
4,163,122
4,488,949
5,811,553

% of Annual
Expenditures
77.5%
81.0%
73.5%
74.1%
61.2%

* For prior years-total actual expenditures, for current year-total approved
budget net of adjustments for contingencies and use of the early redemption
fund.

$7,000,000
$6,000,000

March YTD
Expenditures

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

Annual
Expenditures *

$1,000,000
$0

Better than Expected

18-19

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 March are 6.9%
higher than the same period in the prior fiscal year.

General Government

Fiscal Year
18-19
19-20
20-21
21-22
22-23

March YTD
Expenditures
108,659
120,362
161,461
129,458
183,437

General Government
Annual
Expenditures *
138,349
157,200
207,451
238,925
245,463

% of Annual
Expenditures
78.5%
76.6%
77.8%
54.2%
74.7%

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

$300,000
$250,000

March YTD
Expenditures

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

Annual
Expenditures *

$50,000
$0

Monitor and Consider Taking Action

18-19

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 March are 41.7% higher than the same period in the prior fiscal year. Debt service budget and expenditures for the first five
months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December
2018 all debt service budget and expenditures will be reported by functional areas.

Criminal Justice

Fiscal Year
18-19
19-20
20-21
21-22
22-23

Criminal Justice

March YTD
Expenditures
32,029
33,075
32,450
35,363
35,650

Annual
Expenditures *
42,530
44,425
44,147
47,054
51,449

% of Annual
Expenditures
75.3%
74.5%
73.5%
75.2%
69.3%

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

$60,000
March YTD
Expenditures

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

Annual
Expenditures *

$20,000
$10,000
$0

Better than Expected

18-19

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 March are 0.8% higher than the same period in the prior fiscal
year. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a
more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas.

4

Citywide Year-To-Date Expenditures (In Thousands of Dollars)
Refer to detailed financial schedules pages 19 thru 29
Public Safety

Fiscal Year
18-19
19-20
20-21
21-22
22-23

Public Safety
March YTD
Expenditures
774,868
829,834
837,131
897,314
1,033,231

Annual
Expenditures *
1,025,513
1,110,457
1,122,901
1,228,901
1,348,529

% of Annual
Expenditures
75.6%
74.7%
74.6%
73.0%
76.6%

$1,600,000
March YTD
Expenditures

$1,200,000
$800,000

Annual
Expenditures *

$400,000

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

$0
18-19

Monitor and Consider Taking Action

19-20

20-21

21-22

22-23

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 March are 15.1% 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.

Transportation

Fiscal Year
18-19
19-20
20-21
21-22
22-23

Transportation

March YTD
Expenditures
594,710
669,884
569,194
670,236
660,890

Annual
Expenditures *
722,667
774,492
786,597
797,084
831,587

% of Annual
Expenditures
82.3%
86.5%
72.4%
84.1%
79.5%

$1,000,000
March YTD
Expenditures

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

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

Annual
Expenditures
*

$200,000
$0

Better than Expected

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 March are 1.4% 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

Fiscal Year
18-19
19-20
20-21
21-22
22-23

March YTD
Expenditures
144,458
155,857
184,852
164,825
193,549

Community Development
Annual
Expenditures *
195,716
229,793
245,310
227,960
306,574

% of Annual
Expenditures
73.8%
67.8%
75.4%
72.3%
63.1%

$400,000
March YTD
Expenditures

$300,000
$200,000

Annual
Expenditures *

$100,000

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

$0

Better than Expected

18-19

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 March are 17.4% 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.

5

Citywide Year-To-Date Expenditures (In Thousands of Dollars)
Refer to detailed financial schedules pages 19 thru 29
Community Enrichment

Fiscal Year
18-19
19-20
20-21
21-22
22-23

March YTD
Expenditures
238,049
245,580
293,721
323,258
362,309

Community Enrichment
Annual
Expenditures *
317,465
316,680
390,805
420,501
479,012

% of Annual
Expenditures
75.0%
77.5%
75.2%
76.9%
75.6%

$600,000
March YTD
Expenditures

$450,000
$300,000

Annual
Expenditures *

$150,000

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

$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 March are
12.1% higher than the same period in the prior fiscal year. Debt service budget and expenditures for the first five months ending November 2018 were moved out of
functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will
be reported by functional areas.

Environmental Services

Fiscal Year
18-19
19-20
20-21
21-22
22-23

March YTD
Expenditures
533,678
522,465
548,358
580,173
614,051

Environmental Services
Annual
Expenditures *
670,219
692,524
734,733
752,386
853,197

% of Annual
Expenditures
79.6%
75.4%
74.6%
77.1%
72.0%

$1,000,000
March YTD
Expenditures

$750,000
$500,000

Annual
Expenditures *

$250,000

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

$0
18-19

Better than Expected

19-20

20-21

21-22

22-23

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 March are 5.8% higher than the same period in the prior fiscal year. Debt service budget and expenditures for the first five months ending November 2018 were
moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and
expenditures will be reported by functional areas.

Citywide Debt Service Expenditures

Fiscal Year
18-19
19-20
20-21
21-22
22-23

March YTD
Expenditures
87,475
98,091
99,041
98,565
175,143

Annual
Expenditures *
116,634
130,839
131,938
131,081
198,070

General Obligation Debt Service
% of Annual
Expenditures
75.0%
75.0%
75.1%
75.2%
88.4%

$240,000
March YTD
Expenditures

$180,000
$120,000

Annual
Expenditures *

$60,000

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

$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 March 2023 are 77.7% 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-to-year comparison from December 2018 forward, all debt service budgeted and actual expenditures are reported by
functional areas.

6

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 (In Thousands of Dollars)
Refer to detailed financial schedules pages 19 thru 29
19-20

20-21

21-22

22-23 (Budget)

22-23 (YTD)

$ 500,745

$ 684,798

$ 525,852

$ 1,547,308

$

18-19

General Government $ 384,131

294,186

Discussion:
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.

General Government
22-23 (YTD)

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.

22-23 (Budget)
21-22

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.

20-21

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.

19-20
18-19

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

20-21

21-22

$ 254,523

$ 172,418

$ 115,395

18-19

Aviation $ 552,972

$0

$500,000

22-23 (Budget)

22-23 (YTD)

$

$

567,088

$1,000,000

$1,500,000

30,953

Discussion:
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.

Aviation

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 (YTD)

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.

22-23 (Budget)

21-22

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.

20-21

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.

7

Capital Expenditures (In Thousands of Dollars)
Refer to detailed financial schedules pages 19 thru 29
19-20

20-21

21-22

$ 52,148

$ 31,640

$ 84,751

18-19

Phoenix Convention Center $ 36,542

22-23 (Budget)

22-23 (YTD)

$

$

169,543

141,107

Discussion:
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.

Phoenix Convention Center
22-23 (YTD)
22-23 (Budget)
21-22

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.

20-21
19-20
18-19
$0

18-19

Solid Waste $ 7,857

19-20

20-21

21-22

$ 5,490

$ 8,796

$ 28,986

$50,000

22-23 (Budget)

22-23 (YTD)

$

$

28,947

$100,000

$150,000

$200,000

15,878

Discussion:
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.

Solid Waste

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 (YTD)

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.

22-23 (Budget)
21-22

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.

20-21

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.

19-20
18-19
$0

$15,000

$30,000

$45,000

8

Capital Expenditures (In Thousands of Dollars)
Refer to detailed financial schedules pages 19 thru 29
18-19

Wastewater $ 97,890

19-20

20-21

21-22

$ 123,141

$ 77,339

$182,710

22-23 (Budget)

22-23 (YTD)

$

$

507,203

85,968

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.
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.

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

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.

19-20
18-19
$0

$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

20-21

21-22

$ 252,146

$ 434,000

$205,485

22-23 (Budget)

22-23 (YTD)

$

$

389,929

65,259

Discussion:
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.

Water System
22-23 (YTD)

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)

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.

21-22
20-21

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.

19-20
18-19
$0

$200,000

$400,000

$600,000

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.

9

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 (In Thousands of Dollars)
Refer to detailed financial schedules on pages 19 thru 29

General Fund Revenues
$2,000,000
$1,600,000

March YTD Revenues

$1,200,000
$800,000
Annual Revenues*

$400,000
$0
18-19

Fiscal Year
18-19
19-20
20-21
21-22
22-23

19-20

20-21

21-22

22-23

March YTD
Annual
% of Annual
Revenues Revenues* Revenues
878,185 1,220,768
71.9%
945,213 1,307,357
72.3%
1,105,759 1,491,537
74.1%
1,083,082 1,508,526
71.8%
1,236,281 1,589,483
77.8%

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

Year to Date Performance Status
Better than Expected
Fiscal year 2022-23 general fund operating revenues are budgeted to increase 5.4% over prior year actuals. Actual revenues
through March are 14.1% higher than the same period in the prior fiscal year. Specific revenue sources are discussed on the
following pages.

10

Property Tax Revenue (In Thousands of Dollars)
Refer to detailed financial schedules on pages 19 thru 29

Property Taxes Primary & Secondary
270,000
240,000
210,000

124,847

119,973

115,069
107,555

101,652

180,000

78,213

150,000

Secondary

120,000
90,000

199,194

192,215

182,043

170,209

162,129

Primary

125,028

60,000
30,000
18-19

Fiscal Year
18-19
19-20
20-21
21-22
22-23 YTD
22-23 Budget

Total
263,781
277,764
297,112
312,188
203,241
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

Jan
13,302
14,875
15,608
18,086
16,279
17,742

22-23 YTD

Feb
5,422
7,447
6,612
6,889
7,687
7,652

Mar
8,130
8,185
9,456
8,972
10,370
9,722

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

22-23 Budget

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

Year to Date Performance Status
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.

11

Primary
Secondary
162,129
101,652
170,209
107,555
182,043
115,069
192,215
119,973
125,028
78,213
199,194
124,847

Local Sales Tax Revenue (In Thousands of Dollars)
Refer to detailed financial schedules on pages 19 thru 29

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 March are 10.6% 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 March fiscal year 2022-23 Local Sales Tax revenues increased 8.8% than the same period in prior year. For the entire fiscal year 2021-22 Local Sales Tax
for the full year increased 17.8% over fiscal year 2020-21. Fiscal year 2020-21 increased 12.2% over 2019-20 full year results.

12

State Sales Tax Revenue (In Thousands of Dollars)
Refer to detailed financial schedules on pages 19 thru 29

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 March are 8.7% 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 March fiscal year 2022-23 State Sales Tax revenues are higher 9.3% 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.

13

Vehicle License Tax Revenue (In Thousands of Dollars)
Refer to detailed financial schedules on pages 19 thru 29

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 March are 5.8% lower than budget
expectations. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of fiscal
year 2018-19 through fiscal year 2021-22 actual expenditures.

Vehicle License Tax
3 Year Trend
12,000
10,000
20-21 Actuals
8,000

21-22 Actuals

6,000

22-23 Actuals

4,000
2,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Through March fiscal year 2022-23 Vehicle License Tax revenues increased 2.4% than the same period in prior year. For the entire fiscal year 2021-22 Vehicle License Tax for the
full year decreased 1.3% over fiscal year 2020-21. Fiscal year 2020-21 increased 13.2% over 2019-20 full year results.

14

Governmental Funds Revenue (In Thousands of Dollars)
Refer to detailed financial schedules on pages 19 thru 29

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 March 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.

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 March fiscal year 2022-23 Governmental Funds revenues increased 7.4% 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.

15

Aviation Revenue (In Thousands of Dollars)
Refer to detailed financial schedules on pages 19 thru 29

Aviation Operating Revenues
Budget vs Actual
100,000

80,000
22-23 Actuals

60,000

22-23 Budget
40,000

20,000

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 March are 7.1%
higher than budget expectations. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are
calculated based on an allocation of fiscal year 2018-19 through fiscal year 2021-22 actual expenditures.

Aviation Operating Revenues
3 Year Trend
180,000
150,000
120,000

20-21 Actuals

90,000

21-22 Actuals
22-23 Actuals

60,000
30,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Through March fiscal year 2022-23 Aviation revenues increased 10.4% 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.

16

Water System Revenue (In Thousands of Dollars)
Refer to detailed financial schedules on pages 19 thru 29

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 March are
4.7% 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.

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 March fiscal year 2022-23 Water System Operating revenues increased 3.7% 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.

17

Wastewater Revenue (In Thousands of Dollars)
Refer to detailed financial schedules on pages 19 thru 29

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 March 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 March fiscal year 2022-23 Wastewater Operating revenues decreased 0.6% than the same period in prior year. For the entire fiscal year 2021-22 Wastewater
revenue for the full year increased 4.8% over fiscal year 2020-21. Fiscal year 2020-21 increased 0.8% over 2019-20 full year results.

18

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 MARCH 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

511,435 $
2,735

470,179
2,830

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

187,374
231,137
61,510
125,028
2,303
3,914

171,429
160,272
60,044
119,233
2,194
4,411

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

5,944
623
10,701
338
4,815
1,267
7,680

6,040
645
10,978
351
3,909
1,503
6,430

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

35,053
935
13,989
12,578
16,925

34,741
803
13,087
2,379
11,621

1,589,483

19

$

$

1,236,281

$

1,083,079

General Fund Expenditures
As of MARCH 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

$

1,712 $
3,597
4,792
53,217
2,559
1,746
21,098
2,607
4,785
19,746
3,783
15,144
3,107
137,891

1,638
3,236
3,285
43,870
2,498
2,097
18,065
2,222
3,624
15,491
3,414
14,370
2,983
116,794

37,568
5,822
43,390

26,692
3,792
30,484

24,131
6,018
30,149

Public Safety
Police
Fire
Others
Total Public Safety

659,530
429,045
1,088,575

507,090
317,430
824,521

437,957
279,851
(193)
717,615

Transportation
Street Transportation
Public Transit
Total Transportation

24,194
1,891
26,085

17,777
1,890
19,666

15,738
1,642
17,379

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

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

5,325
12,189
3,024
1,912
22,450

6,393
11,086
3,206
548
21,233

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

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

80,254
34,224
17,899
7,212
139,590

73,098
31,755
16,322
5,628
126,802

Environmental Services
Public Works
Environmental Programs
Others
Total Environmental Services

27,275
1,561
698
29,534

17,969
867
385
19,220

18,906
611
267
19,784

Capital Improvement

48,815

15,878

9,169

Vacancy Savings

(20,000)

-

-

Contingencies

120,788

-

-

Criminal Justice
Municipal Court
Public Defender
Total Criminal Justice

Total Expenditures and Encumbrances

$

20

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

1,779,432

$

$ 1,209,699 $ 1,058,925

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 MARCH 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
$

631,431
3,006

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

$

511,435 $
2,735

470,179
2,830

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

187,374
231,137
61,510
125,028
2,303
3,914
6,567
10,701
338
4,815
1,267
7,680
49,977
12,578
16,925

171,429
160,272
60,044
119,233
2,194
4,411
6,685
10,978
351
3,909
1,503
6,430
48,631
2,379
11,621

1,589,484

1,236,281

1,083,081

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

38,243
96,649
41,374
7,847
286,886
353
81,022
4,928
21,320
113,300
28,713
3,431
22,501
130,674
80,828

34,283
86,770
34,749
7,316
251,092
3,392
74,849
4,809
17,720
113,880
4,214
3,595
14,382
232,169
76,035

1,869,135

958,069

959,255

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

365,700
82,206
367,723
201,245
152,167

331,333
63,988
354,559
202,498
149,745

1,591,028

1,169,042

1,102,122

5,049,647

21

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

$ 3,363,392 $ 3,144,458

Citywide Operating Expenditures
As of MARCH 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

137,891 $
45,546
183,437

116,794
12,664
129,458

43,390
8,059
51,449

30,484
5,166
35,650

30,149
5,214
35,363

Public Safety
General Funds
Other Funds
Total Public Safety

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

824,521
208,710
1,033,231

717,615
179,699
897,314

Transportation
General Funds
Other Funds
Total Transportation

26,085
805,502
831,587

19,666
641,224
660,890

17,379
652,857
670,236

Community Development
General Funds
Other Funds
Total Community Development

36,748
269,826
306,574

22,450
171,099
193,549

21,233
143,592
164,825

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

197,458
281,554
479,012

139,590
222,719
362,309

126,802
196,456
323,258

Environmental Services
General Funds
Other Funds
Total Environmental Services

29,534
823,663
853,197

19,220
594,831
614,051

19,784
560,389
580,173

Debt Service
General Funds
Other Funds
Total Debt Service

198,070
198,070

175,143
175,143

98,565
98,565

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

15,878
282,615
298,493

9,169
351,075
360,244

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

108,448
108,448

-

67,265
67,265

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

1,209,700
2,347,053
3,556,751 $

$

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

22

$

$

1,058,925
2,267,776
3,326,701

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
MARCH 31
2023
2022

Budget
Estimate
2022-2023

Source

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

General Funds
$

44,739,914
136,872

Local Taxes:
Sales Taxes
Privilege License Fees

52,524,300

44,876,786

Total Local Taxes

634,436,999

514,169,617

473,009,087

22,500,547
25,681,940
7,297,004

18,737,981
17,673,908
6,417,329

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

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

187,373,644
231,137,454
61,509,889

171,429,344
160,272,213
60,043,640

55,479,491

42,829,218

620,642,000

480,020,987

391,745,197

6,417,034

5,536,587

Primary Property Tax

199,194,000

125,027,649

119,233,203

284,909

424,981

Licenses and Permits

2,872,000

2,302,566

2,194,351

-

-

Cable Communications

9,000,000

3,913,532

4,411,333

838,284
127,152

850,676
132,317

Municipal Court:
Fines and Forfeitures
Court Default Fee

8,184,192
920,000

5,943,735
623,129

6,039,888
645,302

965,436

982,993

9,104,192

6,566,864

6,685,190

1,380,527

1,390,877

14,154,183

10,701,007

10,977,817

23,251

9,658

399,106

337,930

351,363

573,955

586,960

Parks and Recreation

5,722,212

4,814,856

3,908,926

106,291

226,249

Planning and Development

1,828,100

1,266,623

1,503,184

490,906

401,756

Street Transportation

6,818,100

7,679,613

6,430,458

Fire:
Emergency Transportation Service
Hazardous Materials Inspection Fee
Other

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

35,053,225
934,900
13,988,884

34,741,145
803,200
13,086,556
48,630,901

52,375,390
148,910

$

4,140,245
225,625
1,410,471

4,799,665
238,575
766,542

5,776,341

5,804,782

2,164,655

335,945

1,123,754

1,363,383

127,310,850

104,770,175

$

Total State Shared Taxes

Total Municipal Court
Police
Library Fees

Total Fire

631,430,699
3,006,300

$

511,434,587
2,735,030

$

470,178,922
2,830,165

63,330,798

49,977,009

Interest

5,550,000

12,577,679

2,379,231

Other Fees and Service Charges

16,431,605

16,924,679

11,620,880

1,589,483,295

1,236,280,611

1,083,081,121

Total General Funds
Special Revenue and Debt Service Funds

2,886,101
206,150
1,030,750
62,332

2,504,589
178,900
894,495
10,128

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

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

26,441,161
1,888,654
9,443,271
469,583

23,810,272
1,700,734
8,503,668
267,979

4,185,333

3,588,112

Total Neighborhood Protection

48,134,738

38,242,669

34,282,653

8,063,409
2,548,090
51,953

6,014,223
1,608,598
9,537

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

73,285,546
22,984,188
379,659

65,980,984
20,689,502
99,722

10,663,452

7,632,358

121,626,398

96,649,393

86,770,208

4,460,172

3,633,943

48,789,684

41,373,631

34,749,236

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

23

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

928,476
388,348
11,854
45,700

$

Budget
Estimate
2022-2023

Source

866,359
389,382
1,947
58,625

Golf Courses:
Fees
Coffee Shops
Concessions
Interest
Other

$

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

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

4,964,109
2,439,443
70,983
372,404

$

4,624,392
2,295,334
11,323
384,809

1,374,378

1,316,313

Total Golf Courses

9,561,976

7,846,939

7,315,858

28,201,042
4,873,250

24,479,553
3,133,439

Transit 2000 & 2050:
Sales Taxes
Interest/Other

326,454,730
38,156,549

257,556,904
29,328,958

232,101,950
18,990,532

33,074,292

27,612,992

364,611,279

286,885,862

251,092,482

853,119

993,074

Court Awards

4,532,715

352,846

3,391,530

7,938,970

8,862,242

Planning and Development

81,725,100

81,022,102

74,849,353

647,349

512,918

Capital Construction

6,299,234

4,927,886

4,809,158

3,190,834
179,859

2,344,782
24,871

Sports Facilities:
Sales Taxes
Interest/Other

24,576,788
3,877,936

19,518,350
1,801,585

16,749,807
970,284

3,370,693

2,369,653

Total Sports Facilities

28,454,724

21,319,935

17,720,091

12,562,553
355,031
1,405

11,552,376
57,082
38,592

Highway User Revenue:
Highway User Revenue
Interest
Other

154,499,000
500,000
-

111,097,398
2,146,929
55,657

113,161,499
383,161
335,334

12,918,989

11,648,050

154,999,000

113,299,984

113,879,994

-

-

Total Transit 2000 & 2050

Total Highway User Revenue
Local Transportation Assistance

-

-

-

3,256,525

302,178

Regional Transit Revenues

45,671,569

28,713,478

4,214,237

204,901

168,087

Community Reinvestment

6,045,200

3,431,100

3,595,121

2,141,773

2,060,621

Other Restricted Fees

48,378,624

22,501,048

14,381,551

400,882
8,438,590
1,849,751

765,035
7,514,820
1,669,448

Grants:
Public Housing:
Rentals
Grants
Other

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

3,439,377
84,589,511
10,303,422

4,198,682
74,019,861
13,203,460

10,689,223

9,949,303

157,011,183

98,332,310

91,422,003

3,580,866
6,170,822
8,349,736
7,431,934

22,505,395
10,610,737
4,665,923
3,898,962

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

28,830,171
(24,189,477)
9,620,477
18,080,862

50,605,721
54,971,234
3,744,705
31,424,933

25,533,358

41,681,017

Total Other

614,315,833

32,342,033

140,746,593

36,222,581

51,630,320

Total Grants

771,327,016

130,674,343

232,168,596

3,952,964
2,431,214

3,435,360
-

124,847,420
4,130,117

78,212,913
2,614,708

74,271,843
1,762,744

6,384,178

3,435,360

128,977,537

80,827,621

76,034,587

127,696,705

125,766,221

1,869,134,794

958,068,837

959,254,655

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

24

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

Budget
Estimate
2022-2023

Source

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

Enterprise Funds
AVIATION:
$

9,143,406 $
34,280,818
1,140,981
258,855
281,411
339,147
422,042

7,956,332
29,088,822
115,165
646,029
261,085
275,388
73,313

45,866,660

38,416,134

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

$

Total Aviation

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

$

81,340,693
270,924,339
6,811,227
(1,439,017)
2,579,587
2,866,622
2,616,968

$

73,685,564
224,086,549
1,037,143
27,163,673
2,252,073
2,560,308
547,259

508,515,639

365,700,419

331,332,569

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

60,633,457
20,121,573
1,450,937

51,042,504
12,766,516
178,752

91,685,525

82,205,967

63,987,772

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

330,403,764
2,102,739
5,922,082
7,279,370
5,789,640
5,259,106
10,966,409

329,568,727
2,130,115
10,136,944
5,769,014
4,895,880
1,021,679
1,036,517

525,268,597

367,723,110

354,558,876

CONVENTION CENTER:
7,587,849
3,290,486
279,683

5,795,591
2,267,956
28,447

11,158,018

8,091,994

Excise Taxes
Operating Revenue
Interest
Total Convention Center
WATER SYSTEM:

23,494,083
249,619
457,345
604,280
637,560
793,201
4,113,011

27,752,427
276,740
537,075
659,148
720,491
134,564
1,161,358

30,349,099

31,241,803

Water Sales
Water Service Fees
Distribution
Intergovernmental
Development Fees
Interest
Other
Total Water System
WASTEWATER:

17,453,835
1,808,980
605,400
655,036
1,882,538

17,581,444
1,461,161
693,060
144,184
3,142,483

Sewer Service Charges
Multi-City
Development Fees
Interest
Other

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

153,214,777
16,421,550
5,510,580
4,876,764
21,221,641

158,040,016
16,301,097
4,702,110
1,312,988
22,141,446

22,405,789

23,022,332

Total Wastewater

268,890,325

201,245,312

202,497,657

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

133,553,861
9,565,833
884,449
8,163,082

129,471,186
9,875,097
172,340
10,226,470

196,668,387

152,167,225

149,745,093

1,591,028,473

1,169,042,033

1,102,121,967

SOLID WASTE:

$

15,119,249
851,291
144,338
797,318

14,671,037
785,942
25,978
1,114,462

16,912,196

16,597,419

126,691,762

117,369,682

381,699,317

$

347,906,078

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

$

25

5,049,646,562

$

3,363,391,481

$

3,144,457,743

Citywide Operating Expenditures by Program
For the Month Ended
MARCH 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
$

193,114 $
467,910
(765,300)
4,439,464
131,852
303,971
217,667
2,832,150
339,805
743,105
3,094,969
234,372
16,179
343,183
2,527,203
1,681,282

147,495
311,003
(1,253,174)
7,396,640
67,948
250,998
242,837
1,680,845
129,382
233,468
891,888
415,698
10,545
333,335
693,897
1,797,039

16,800,926

13,349,846

$
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

$

1,711,758
3,596,936
5,344,985
62,046,278
1,052,134
2,713,534
2,094,754
22,380,201
2,607,218
4,784,613
40,369,011
2,262,220
62,268
3,782,625
24,418,934
4,209,932

$

1,637,704
3,236,276
3,503,077
45,840,709
1,025,442
2,506,792
2,428,348
19,386,309
2,221,657
3,623,518
15,782,247
2,198,130
69,939
3,414,408
18,845,021
3,738,355

$

1,711,758
3,596,936
5,344,985
53,822,316
1,052,134
2,713,534
2,094,754
22,380,201
2,607,218
4,784,613
39,933,024
2,262,220
62,268
3,782,625
16,254,035
4,209,932

$

8,223,963
435,988
8,164,899
-

245,462,707

183,437,403

129,457,932

166,612,554

16,824,850

45,627,473
5,821,708

31,858,064
3,791,708

29,345,021
6,018,120

28,054,541
3,791,708

3,803,523
-

51,449,181

35,649,772

35,363,141

31,846,249

3,803,523

851,356,532
497,172,879
-

658,781,148
374,449,733
-

560,442,729
336,788,239
82,572

657,607,848
373,485,378
-

1,173,300
964,355
-

1,348,529,411

1,033,230,882

897,313,540

1,031,093,227

2,137,655

Criminal Justice
3,870,947
489,521

2,982,396
424,403

4,360,468

3,406,800

Municipal Court
Public Defender
Total Criminal Justice
Public Safety

74,619,753
51,873,124
-

54,654,046
32,515,321
-

126,492,877

87,169,367

Police
Fire
Other

Total Public Safety
Transportation

8,902,941
741,445
34,492,766
6,256,529

6,513,634
346,778
22,333,839
3,052,614

Street Transportation
Street Lighting
Aviation
Public Transit

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

85,052,407
7,941,776
294,382,674
273,513,140

77,282,798
6,844,661
343,370,674
242,737,492

77,818,514
7,941,776
219,410,697
273,513,140

7,233,894
74,971,977
-

50,393,680

32,246,865

Total Transportation

831,586,561

660,889,998

670,235,625

578,684,128

82,205,871

Community Development
7,202,864
10,423,619
1,397,896
3,024,350

5,561,643
8,801,566
2,993,663
2,078,043

Planning and Development
Housing
Economic Development
Neighborhood Services Department

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

61,061,355
89,454,107
16,562,398
26,470,775

54,289,060
76,897,638
12,178,980
21,459,285

61,061,355
89,399,622
12,416,092
26,470,775

54,485
4,146,306
-

22,048,730

19,434,916

Total Community Development

306,573,879

193,548,635

164,824,963

189,347,844

4,200,791

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

93,730,345
35,467,574
55,755,641
9,845,033
157,214,343
5,568,239
4,727,396

84,761,046
32,590,362
51,623,142
9,530,734
137,007,567
4,325,851
3,419,583

93,390,219
35,467,574
42,657,323
157,143,611
5,568,239
4,727,396

340,126
13,098,318
9,845,033
70,732
-

479,011,538

362,308,571

323,258,286

338,954,362

23,354,209

Community Enrichment
10,936,599
3,489,318
5,530,118
1,093,813
15,581,870
42,854
440,612

7,288,906
2,633,592
3,942,674
1,058,890
13,406,291
50,385
349,970

37,115,184

28,730,707

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

26

Citywide Operating Expenditures by Program
For the Month Ended
MARCH 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
$

35,823,539 $
15,420,744
14,632,273
4,019,585
279,928
(229,747)

30,932,388
14,234,896
12,280,937
203,092
221,676
(222,078)

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

69,946,321

57,650,910

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

39,354,908

$

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

$

308,211,704
147,008,207
126,595,248
28,407,563
3,403,196
425,122

$

282,805,435
137,483,319
134,667,943
23,706,426
1,068,949
441,208

$

200,024,902
92,744,473
115,664,230
19,302,498
3,403,196
425,122

$

108,186,803
54,263,734
10,931,017
9,105,065
-

853,197,392

614,051,039

580,173,281

431,564,420

182,486,619

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

46,445,211
12,799,112
1,596,612
6,822,491
663,094
2,344,259
248,813
8,655,133
8,693,762
183,881
24,236,024
13,411,497
815,574
1,772,427
450,000
33,116,374
12,605,649
41,750
241,072

15,194,638
2,577,187
545,831
6,029,122
405,394
2,126,723
1,668,376
11,343,962
5,404,779
490,856
15,098,129
8,007,012
3,260,707
815,574
14
709,875
15,596,937
9,029,393
19,163
241,072

46,445,211
12,799,112
1,596,612
6,822,491
663,094
2,344,259
248,813
8,655,133
8,693,762
183,881
24,236,024
13,411,497
815,574
1,368,385
450,000
33,116,374
12,605,649
41,750
241,072

404,042
-

Total Debt Service

198,070,331

175,142,734

98,564,743

174,738,692

404,042

45,498,438

Capital Improvement

1,389,224,070

298,493,344

360,244,214

298,493,344

-

-

24,934,865

American Rescue Plan Act

108,447,955

-

67,264,511

-

-

-

-

Vacancy Savings

(20,000,000)

-

-

-

-

-

-

Contingencies

186,288,000

-

-

-

-

General Obligation Debt Service

$

377,416,794 $

323,374,351

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

$

5,977,841,025

$

27

3,556,752,378

$

3,326,700,235

$

3,241,334,818

$

315,417,561

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

$
26,038,946
14,296,976
1,444,304
25,408,467
3,017,599
4,407,420
811,842
1,156,766
67,886,320
21,423,794
2,036,087
12,453,597
1,381,837
40,526,786
71,895,211

1,908,574
9,267,851
3,726,786
2,435,283
4,872,933
6,687,880
778,422
2,824,269
10,021,408
470,757
11,314,206
204,748,195
378,445
110,154,136

$

$
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

26,038,946
12,116,447
606,820
13,606,462
3,017,599
4,407,420
811,842
1,156,766
21,253,599
2,036,087
472,717
40,529,645
68,418,290

$

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

2,180,529
837,484
11,802,005
67,886,320
170,195
12,453,597
909,120
(2,859)
3,476,921

$

902,484
26,481,930
25,154,366
4,700,000
32,560,614
86,223,731
16,745,373
23,024,406
8,465,938
6,087,054
135,336,281
89,125,594
13,501,913
8,528,049
6,404,366
475,451,816
6,001,000
288,427,278

$

1,547,308,145 $

294,185,954 $

369,589,146

$

927,905,167 $

194,472,640

$

619,402,978 $

99,713,314

$

1,253,122,191

$

$

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

$

3,210,017,574

$

$

30,952,709
141,106,528
15,878,087
85,967,864
65,259,008
339,164,196

$

633,350,150

$

$

90,122,794
74,491,776
27,919,974
139,902,990
129,602,594
462,040,128

$

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

19,978,251
2,791,261
8,752,707
24,598,222
47,900,262
$ 104,020,704

$

831,629,274

$ 1,389,224,070

$ 298,493,344

28

$

$

$

$

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

$

1,820,793,504

$

$

10,974,458
138,315,267
7,125,380
61,369,642
17,358,746
235,143,492

$

$

536,135,109
28,436,472
13,068,529
421,235,616
324,669,507
1,323,545,233

$

334,856,806

$

2,576,667,424

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

Sold

Available

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

$

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

29,285
884,175

$

28,285
884,175

$

1,000
-

913,460

912,460

1,000

143,890

143,890

-

1,057,350

1,056,350

1,000

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

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

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

753,900

738,290

15,610

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

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

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

878,500

742,755

135,745

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

$

29

2,689,750

$

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

Fiscal Year
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

Feb

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

Mar

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

Apr

Mar
39,641
61,093
63,749
44,740
52,376
59,949

May

YTD thru
March
348,353
383,420
411,419
470,179
511,435
462,280

June

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

Fiscal Year
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

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

Jan

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

Feb

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

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

Mar

Apr

May

June

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

Mar
13,689
12,285
15,878
18,738
22,501
17,917

YTD thru
March
127,844
136,760
147,032
171,429
187,374
172,415

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

Fiscal Year
18-19
19-20
20-21
21-22
22-23
22-23 Budget

Aug

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

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

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

Mar
5,943
5,960
6,411
6,418
7,297
6,870

YTD thru
March
55,307
58,064
61,769
60,044
61,510
65,329

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
2019-20 Actuals

500,000

2020-21 Actuals
400,000

2021-22 Actuals
2022-23 Actuals

300,000

22-23 Budget
200,000

100,000

July

Fiscal Year
18-19
19-20
20-21
21-22
22-23
22-23 Budget

Aug

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

Sept

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

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

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

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

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

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

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

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

Mar
187,169
217,521
272,444
230,537
255,008
284,334

YTD thru
March
1,651,300
1,768,360
1,964,803
2,042,337
2,194,350
2,315,456

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

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

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
160,000
18-19 Actuals
19-20 Actuals
20-21 Actuals

120,000

21-22 Actuals
22-23 Actuals
80,000

22-23 Budget

40,000

July

Fiscal Year
18-19
19-20
20-21
21-22
22-23
22-23 Budget

Aug

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

Sept

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

Oct

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

Nov

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

Dec

Jan

Feb

Mar

Apr

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

Mar
33,075
34,228
25,487
38,417
45,866
38,737

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

A5

May

YTD thru
March
287,052
300,864
237,230
331,333
365,700
341,432

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

Fiscal Year
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
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

Mar
20,138
24,861
28,415
31,242
30,349
29,854

YTD thru
March
297,271
332,453
368,718
354,559
367,723
385,955

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

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

A6

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

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

Wastewater Revenues (Dollars in Thousands)

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

27,000

20-21 Actuals
22,000

21-22 Actuals
22-23 Actuals

17,000

22-23 Budget

12,000
7,000
2,000
July

Fiscal Year
18-19
19-20
20-21
21-22
22-23
22-23 Budget

Aug

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

Sept

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

Oct

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

Nov

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

Dec

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

Jan

Feb

Mar

Apr

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

Mar
19,960
21,613
21,754
23,023
22,405
22,824

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

YTD thru
March
184,251
191,994
195,651
202,498
201,245
204,688

June

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

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

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