May 2023
Monthly Financial Report

PREPARED BY
Financial Accounting & Reporting Division

May 31, 2023
To the Mayor and City Council:
This is the City's Financial Report for May, the eleventh 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 22, 2023

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

1

Better than Expected

Public Safety

2

Monitor and Consider Taking Action

Transportation

2

Better than 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

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

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

May YTD
Expenditures
1,114,329
1,158,429
1,214,849
1,293,588
1,454,532

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

Total General Fund
% of Annual
Expenditures
91.8%
90.3%
88.6%
88.0%
86.6%

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

$2,000,000
May YTD
Expenditures

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

Annual
Expenditures *

$500,000
$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. 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 May are 12.4% higher than the same period in fiscal year 2021-22.
General fund expenditures increased 7.2% in fiscal year 2021-22 over fiscal year 2020-21. This followed an increase of 6.9% from 2020-21 over 2019-20 and an increase of 5.6%
from 2019-20 over 2018-19 fiscal results.

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

May YTD
Expenditures
108,017
116,998
136,410
143,335
163,710

General Government
Annual
% of Annual
Expenditures * Expenditures
94.4%
114,393
95.0%
123,100
88.5%
154,211
88.5%
161,907
78.7%
208,038

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

$250,000
May 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 May are 14.2% 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

May YTD
Expenditures
30,603
32,026
32,005
36,397
37,065

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

% of Annual
Expenditures
91.7%
91.4%
88.5%
91.0%
85.4%

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

$50,000
May 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 May are 1.8% 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
May YTD
Expenditures
771,806
801,172
826,661
870,725
989,981

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

% of Annual
Expenditures
91.7%
89.7%
89.3%
87.7%
90.9%

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

$1,200,000
May 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 May are 13.7% 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

May YTD
Expenditures
16,465
18,399
21,169
21,788
23,396

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

% of Annual
Expenditures
89.8%
93.2%
95.6%
94.1%
89.7%

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

$30,000
$25,000
May YTD
Expenditures

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

Annual
Expenditures *

$5,000
$0

Better than 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 May are 7.4% 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

May YTD
Expenditures
19,653
20,842
21,877
25,711
27,753

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

% of Annual
Expenditures
92.5%
92.5%
90.7%
91.1%
75.5%

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

$40,000
May 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 May are 7.9% 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

May YTD
Expenditures
142,009
142,111
136,733
154,270
167,175

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

% of Annual
Expenditures
90.7%
91.4%
86.2%
88.8%
84.7%

$250,000
May 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 May are 8.4%
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
Fiscal Year
18-19
19-20
20-21
21-22
22-23

May YTD
Expenditures
15,925
16,936
18,892
23,936
21,810

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

% of Annual
Expenditures
94.3%
88.3%
90.4%
90.3%
73.8%

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

$30,000
May 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 May are 8.9% 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

May YTD
Expenditures
3,536,287
3,477,611
3,761,569
3,984,197
4,280,353

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

% of Annual
Expenditures
93.7%
91.2%
90.4%
88.8%
73.7%

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

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

May 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 May are 7.4%
higher than the same period in the prior fiscal year.

General Government

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

May YTD
Expenditures
128,085
144,723
185,982
157,836
215,207

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

% of Annual
Expenditures
92.6%
92.1%
89.7%
66.1%
87.7%

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

$300,000
$250,000

May 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 May are 36.3% higher than the same period in the prior fiscal year. Debt service budget and expenditures for the first five months
ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all
debt service budget and expenditures will be reported by functional areas.

Criminal Justice

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

Criminal Justice

May YTD
Expenditures
39,002
40,681
39,356
42,831
43,402

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

% of Annual
Expenditures
91.7%
91.6%
89.1%
91.0%
84.4%

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

$60,000
May 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 May are 1.3% higher than the same period in the prior fiscal
year. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a
more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas.

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
May YTD
Expenditures
946,279
1,000,535
1,009,070
1,086,595
1,238,479

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

% of Annual
Expenditures
92.3%
90.1%
89.9%
88.4%
91.8%

$1,600,000
May 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 May are 14.0% 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.

Transportation

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

Transportation

May YTD
Expenditures
686,382
742,448
746,546
750,610
753,373

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

% of Annual
Expenditures
95.0%
95.9%
94.9%
94.2%
90.6%

$1,000,000
May 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 May are 0.4% higher 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

May YTD
Expenditures
176,922
190,633
217,809
201,704
241,692

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

% of Annual
Expenditures
90.4%
83.0%
88.8%
88.5%
78.8%

$400,000
May 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 May are 19.8% 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.

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

May YTD
Expenditures
288,290
289,202
348,984
380,922
430,667

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

% of Annual
Expenditures
90.8%
91.3%
89.3%
90.6%
89.9%

$600,000
May 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

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 May are 13.1%
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

May YTD
Expenditures
624,084
636,305
673,357
692,593
760,253

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

% of Annual
Expenditures
93.1%
91.9%
91.6%
92.1%
89.1%

$1,000,000
May 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 May are 9.8% 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

May YTD
Expenditures
106,916
119,923
120,972
120,468
196,950

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

General Obligation Debt Service
% of Annual
Expenditures
91.7%
91.7%
91.7%
91.9%
99.4%

$240,000
May 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 May 2023 are 63.5% 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 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

408,628

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

38,807

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

111,540

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

22,126

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

104,880

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

98,727

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

May 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

May YTD
Revenues
1,100,526
1,154,049
1,361,828
1,379,664
1,554,914

19-20

20-21

21-22

22-23

Annual
% of Annual
Revenues* Revenues
1,220,768
90.2%
1,307,357
88.3%
1,491,537
91.3%
1,508,526
91.5%
1,589,483
97.8%

* 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 May are 12.7% 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

119,973

115,069

124,847

107,555

101,652

210,000

114,424

180,000
150,000

Secondary

120,000
90,000

162,129

170,209

18-19

19-20

182,043

192,215

20-21

21-22

181,729

Primary

199,194

60,000
30,000
-

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
296,153
324,043

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

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

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

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

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
15,618
15,470

22-23 Budget

May
68,870
66,043
76,862
71,096
77,294
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
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
181,729
114,424
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
100,000
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 May are 14.0% higher than
budget expectations. City of Phoenix revenue is budgeted on an annual basis. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the annual
budget. Monthly budget amounts are calculated based on an allocation of fiscal year 2018-19 through fiscal year 2021-22 actual expenditures.

Local Sales Tax
3 Year Trend
100,000
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 May fiscal year 2022-23 Local Sales Tax revenues increased 7.2% 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 May are 5.4% 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 May fiscal year 2022-23 State Sales Tax revenues are higher 6.2% 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 May are 3.8% 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 May fiscal year 2022-23 Vehicle License Tax revenues increased 2.5% 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 May are 3.3% 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.

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 May fiscal year 2022-23 Governmental Funds revenues increased 9.2% 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 May are 9.5%
higher than budget expectations. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are
calculated based on an allocation of fiscal year 2018-19 through fiscal year 2021-22 actual expenditures.

Aviation Operating Revenues
3 Year Trend
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 May fiscal year 2022-23 Aviation revenues increased 10.5% 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 May 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.

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 May fiscal year 2022-23 Water System Operating revenues increased 1.0% 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 May are 1.5%
lower than budget expectations. Fiscal year 2022-23 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are
calculated based on an allocation of fiscal year 2018-19 through fiscal year 2021-22 actual expenditures.

Wastewater Operating Revenues
3 Year Trend

30,000
25,000
20,000

20-21 Actuals
15,000

21-22 Actuals

10,000

22-23 Actuals

5,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Through May fiscal year 2022-23 Wastewater Operating revenues decreased 1.0% than the same period in prior year. For the entire fiscal year 2021-22 Wastewater
revenue for the full year increased 4.8% over fiscal year 2020-21. Fiscal year 2020-21 increased 0.8% over 2019-20 full year results.

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 MAY 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

640,690 $
2,877

597,875
3,067

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

225,708
282,501
76,003
181,729
2,446
5,919

212,486
195,620
74,180
171,951
2,732
6,682

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

7,353
798
13,680
380
5,797
1,540
8,629

7,449
816
13,628
388
4,801
1,785
7,293

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

43,239
1,277
17,172
17,042
20,134

43,470
1,149
16,886
3,251
14,153

1,589,483

19

$

$

1,554,914

$

1,379,662

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

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

Expenditures and Encumbrances
General Government
Mayor
City Council
City Manager
Information Technology Services
Public Information
Equal Opportunity
Law
City Auditor
City Clerk
Human Resources
Budget and Research
Finance
Others
Total General Government

$

2,097 $
4,626
6,288
62,034
3,396
2,227
25,169
3,177
5,476
23,187
3,796
21,294
943
163,710

1,936
3,954
5,118
54,155
2,973
2,514
22,088
2,553
4,131
18,215
3,525
18,617
3,555
143,335

37,568
5,822
43,390

32,320
4,745
37,065

29,307
7,090
36,397

Public Safety
Police
Fire
Others
Total Public Safety

659,530
429,045
1,088,575

612,827
377,154
989,981

533,606
337,313
(193)
870,725

Transportation
Street Transportation
Public Transit
Total Transportation

24,194
1,891
26,085

21,506
1,890
23,396

20,146
1,642
21,788

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

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

6,637
15,216
3,913
1,987
27,753

7,075
13,106
4,004
1,527
25,711

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

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

97,520
40,846
21,002
7,807
167,175

90,872
38,153
18,812
6,433
154,270

Environmental Services
Public Works
Environmental Programs
Others
Total Environmental Services

27,275
1,561
698
29,534

20,136
1,069
605
21,810

22,681
854
401
23,936

Capital Improvement

48,815

23,642

17,426

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

$

$ 1,454,532 $ 1,293,588

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 MAY 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

$

640,690 $
2,877

597,875
3,067

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

225,708
282,501
76,003
181,729
2,446
5,919
8,151
13,680
380
5,797
1,540
8,629
61,689
17,042
20,134

212,486
195,620
74,180
171,951
2,732
6,682
8,266
13,628
388
4,801
1,785
7,293
61,505
3,251
14,153

1,589,484

1,554,914

1,379,663

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

48,027
120,557
51,706
10,474
361,933
814
94,545
6,055
31,690
139,836
37,898
5,005
26,554
248,553
119,088

44,475
111,563
44,585
9,532
323,123
3,724
91,678
6,012
27,456
141,784
5,752
5,001
15,055
299,094
109,476

1,869,135

1,302,736

1,238,311

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

461,556
106,557
444,971
246,447
186,507

417,780
87,800
440,454
248,885
184,371

1,591,028

1,446,038

1,379,289

5,049,647

21

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

$ 4,303,688 $ 3,997,263

Citywide Operating Expenditures
As of MAY 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

163,710 $
51,497
215,207

143,335
14,501
157,836

43,390
8,059
51,449

37,065
6,337
43,402

36,397
6,434
42,831

Public Safety
General Funds
Other Funds
Total Public Safety

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

989,981
248,498
1,238,479

870,725
215,870
1,086,595

Transportation
General Funds
Other Funds
Total Transportation

26,085
805,502
831,587

23,396
729,977
753,373

21,788
728,822
750,610

Community Development
General Funds
Other Funds
Total Community Development

36,748
269,826
306,574

27,753
213,939
241,692

25,711
175,993
201,704

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

197,458
281,554
479,012

167,175
263,492
430,667

154,270
226,652
380,922

Environmental Services
General Funds
Other Funds
Total Environmental Services

29,534
823,663
853,197

21,810
738,443
760,253

23,936
668,657
692,593

Debt Service
General Funds
Other Funds
Total Debt Service

198,070
198,070

196,950
196,950

120,468
120,468

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

23,642
376,689
400,331

17,426
456,469
473,895

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

108,448
108,448

-

76,745
76,745

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

1,454,532
2,825,822
4,280,353 $

$

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

$

$

1,293,588
2,690,611
3,984,199

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
MAY 31
2023
2022

Budget
Estimate
2022-2023

Source

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

General Funds
$

72,938,179
126,450

Local Taxes:
Sales Taxes
Privilege License Fees

85,884,993

73,064,629

Total Local Taxes

634,436,999

643,566,925

600,942,190

15,244,490
25,681,939
7,240,886

15,951,809
17,673,907
6,061,478

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

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

225,708,303
282,501,332
76,003,152

212,485,821
195,620,028
74,179,986

48,167,315

39,687,194

620,642,000

584,212,787

482,285,835

47,040,666

43,398,768

Primary Property Tax

199,194,000

181,728,557

171,951,408

(1)

(190,903)

Licenses and Permits

2,872,000

2,445,807

2,732,432

2,005,753

2,271,049

Cable Communications

9,000,000

5,919,285

6,682,382

697,163
82,073

757,182
80,261

Municipal Court:
Fines and Forfeitures
Court Default Fee

8,184,192
920,000

7,353,082
797,690

7,449,398
816,300

779,236

837,443

9,104,192

8,150,772

8,265,698

2,179,453

1,347,111

14,154,183

13,680,048

13,627,601

20,655

26,199

Library Fees

399,106

380,332

388,245

614,044

462,472

Parks and Recreation

5,722,212

5,796,792

4,800,978

176,309

135,194

Planning and Development

1,828,100

1,539,604

1,784,722

410,613

506,927

Street Transportation

6,818,100

8,628,691

7,292,905

Fire:
Emergency Transportation Service
Hazardous Materials Inspection Fee
Other

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

43,239,488
1,277,425
17,171,696

43,469,952
1,149,200
16,885,664
61,504,816

85,884,624
369

$

$

Total State Shared Taxes

Total Municipal Court
Police

631,430,699
3,006,300

$

640,690,292
2,876,633

$

597,875,030
3,067,160

4,760,611
175,800
2,562,928

4,468,854
96,175
400,896

7,499,339

4,965,925

63,330,798

61,688,609

2,322,828

510,735

Interest

5,550,000

17,041,508

3,250,772

1,262,955

863,266

Other Fees and Service Charges

16,431,605

20,133,572

14,152,667

198,364,158

167,886,009

1,589,483,295

1,554,913,289

1,379,662,651

Total Fire

Total General Funds
Special Revenue and Debt Service Funds

4,344,569
310,326
1,551,631
60,822

3,780,517
270,037
1,350,185
14,372

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

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

33,200,362
2,371,454
11,857,272
598,067

30,600,912
2,185,780
10,928,897
759,617

6,267,348

5,415,111

Total Neighborhood Protection

48,134,738

48,027,155

44,475,206

11,307,429
3,326,571
34,773

12,464,120
4,503,386
11,277

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

91,535,770
28,563,099
458,421

84,831,770
26,610,420
120,933

14,668,773

16,978,783

121,626,398

120,557,290

111,563,123

6,560,869

5,476,446

48,789,684

51,706,397

44,584,503

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
MAY 31
2023
2022
$

842,386
388,397
13,494
48,565

$

Budget
Estimate
2022-2023

Source

631,732
299,957
3,310
50,451

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
$

6,701,469
3,205,768
96,560
470,525

$

6,066,261
2,966,697
16,933
482,166

1,292,842

985,450

Total Golf Courses

9,561,976

10,474,322

9,532,057

41,366,605
5,610,333

36,718,270
3,455,228

Transit 2000 & 2050:
Sales Taxes
Interest/Other

326,454,730
38,156,549

322,424,707
39,508,178

298,366,529
24,756,939

46,976,938

40,173,498

364,611,279

361,932,885

323,123,468

461,207

332,259

Court Awards

4,532,715

814,053

3,723,789

7,461,841

8,881,762

Planning and Development

81,725,100

94,544,718

91,677,530

854,981

538,122

Capital Construction

6,299,234

6,055,230

6,011,877

4,474,612
3,077,082

3,818,734
37,191

Sports Facilities:
Sales Taxes
Interest/Other

24,576,788
3,877,936

26,636,611
5,053,888

23,580,799
3,875,426

7,551,694

3,855,925

Total Sports Facilities

28,454,724

31,690,499

27,456,225

12,332,390
375,882
6,218

12,782,691
83,135
2,397

Highway User Revenue:
Highway User Revenue
Interest
Other

154,499,000
500,000
-

136,901,482
2,867,347
67,094

140,918,936
527,462
337,731

12,714,490

12,868,223

154,999,000

139,835,923

141,784,129

-

-

Total Transit 2000 & 2050

Total Highway User Revenue
Local Transportation Assistance

-

-

-

3,270,448

381,813

Regional Transit Revenues

45,671,569

37,897,576

5,751,974

1,337,589

1,366,466

Community Reinvestment

6,045,200

5,005,278

5,001,220

(1,322,454)

(2,987,141)

Other Restricted Fees

48,378,624

26,553,756

15,055,178

183,947
13,455,856
6,582,409

287,928
10,636,265
1,359,787

Grants:
Public Housing:
Rentals
Grants
Other

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

4,062,390
106,905,457
17,453,436

4,910,705
91,815,262
14,922,706

20,222,212

12,283,980

157,011,183

128,421,283

111,648,673

39,485,846
4,258,486
14,777,205
4,627,034

5,530,974
6,047,943
4,609,499
1,741,449

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

76,172,344
(10,737,044)
24,455,855
30,240,921

61,842,901
77,847,664
10,298,597
37,456,553

63,148,571

17,929,865

Total Other

614,315,833

120,132,076

187,445,715

83,370,783

30,213,845

Total Grants

771,327,016

248,553,359

299,094,388

30,252,988
(304,374)

27,697,453
105

124,847,420
4,130,117

114,423,929
4,664,099

107,713,143
1,762,849

29,948,614

27,697,558

Total G.O. Bond/Secondary Property Tax

128,977,537

119,088,028

109,475,992

221,415,963

152,178,120

Total Special Revenue and Debt Service Funds

1,869,134,794

1,302,736,469

1,238,310,659

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

G.O. Bond/Secondary Property Tax
Secondary Property Tax
Interest

24

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

Budget
Estimate
2022-2023

Source

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

Enterprise Funds
AVIATION:
$

9,356,041 $
34,761,848
1,318,512
362,925
319,384
354,733
452,819

8,587,772
30,672,251
183,780
6,274,460
260,141
286,764
101,980

46,926,262

46,367,148

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

$

100,365,563
342,594,395
9,256,395
(954,157)
3,191,073
3,622,833
3,479,999

$

90,730,208
285,194,351
1,351,174
33,783,208
2,789,206
3,204,952
726,674

508,515,639

461,556,101

417,779,773

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

78,349,235
26,133,409
2,073,962

69,100,987
18,438,871
259,909

91,685,525

106,556,606

87,799,767

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

400,979,705
2,584,863
6,880,949
8,731,928
6,495,660
6,698,911
12,598,985

408,616,758
2,689,485
11,175,507
7,403,014
6,082,980
1,347,118
3,139,458

525,268,597

444,971,001

440,454,320

CONVENTION CENTER:
10,568,489
2,976,510
334,037

10,795,931
2,618,263
47,701

13,879,036

13,461,895

Excise Taxes
Operating Revenue
Interest
Total Convention Center
WATER SYSTEM:

37,684,765
261,728
456,236
762,543
426,780
735,290
1,198,738

42,100,344
270,732
420,426
820,498
458,820
185,022
937,606

41,526,080

45,193,448

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

17,304,040
1,855,400
455,010
802,066
3,191,183

17,626,383
1,695,608
427,080
218,136
2,328,227

Sewer Service Charges
Multi-City
Development Fees
Interest
Other

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

188,014,131
20,226,262
6,214,530
6,413,860
25,578,566

193,227,765
20,045,099
5,831,850
1,710,161
28,069,775

23,607,699

22,295,434

Total Wastewater

268,890,325

246,447,349

248,884,650

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

163,826,506
12,385,441
1,177,746
9,117,710

158,763,120
12,613,547
239,730
12,754,579

196,668,387

186,507,403

184,370,976

1,591,028,473

1,446,038,460

1,379,289,486

SOLID WASTE:

$

15,136,046
1,313,917
154,174
408,237

14,668,524
1,486,593
38,949
1,459,974

17,012,374

17,654,040

142,951,451

144,971,965

562,731,572

$

465,036,094

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

$

25

5,049,646,562

$

4,303,688,218

$

3,997,262,796

Citywide Operating Expenditures by Program
For the Month Ended
MAY 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
$

202,824 $
543,416
1,000,920
5,821,893
150,112
572,245
292,155
2,514,763
289,743
217,514
2,199,742
(2,677,185)
16,201
(295,066)
5,564,729
312,525

152,279
379,818
1,355,474
6,720,470
73,330
244,101
270,039
2,479,642
212,533
110,999
1,446,962
234,558
10,669
(214,113)
1,931,914
515,685

16,726,531

15,924,360

$
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

$

2,096,933
4,626,055
7,119,330
72,821,534
1,322,233
3,573,334
2,645,199
26,736,770
3,177,297
5,476,199
43,907,435
(131,549)
97,825
3,795,795
32,792,454
5,149,655

$

1,935,707
3,953,752
5,384,156
56,559,511
1,194,614
2,979,189
2,921,013
23,676,825
2,553,259
4,131,337
18,547,958
2,648,347
90,451
3,524,972
23,987,589
3,747,118

$

2,096,933
4,626,055
7,119,330
62,770,264
1,322,233
3,573,334
2,645,199
26,736,770
3,177,297
5,476,199
43,374,562
(131,549)
97,825
3,795,795
22,683,108
5,149,655

$

10,051,270
532,874
10,109,346
-

245,462,707

215,206,501

157,835,797

194,513,011

20,693,490

45,627,473
5,821,708

38,656,371
4,745,132

35,740,245
7,090,462

34,007,621
4,745,132

4,648,751
-

51,449,181

43,401,503

42,830,707

38,752,753

4,648,751

851,356,532
497,172,879
-

794,083,365
444,395,492
-

683,157,181
403,354,756
82,572

792,649,811
443,216,836
-

1,433,553
1,178,656
-

1,348,529,411

1,238,478,857

1,086,594,509

1,235,866,647

2,612,210

Criminal Justice
3,622,089
493,542

3,205,116
441,127

4,115,631

3,646,243

Municipal Court
Public Defender
Total Criminal Justice
Public Safety

69,192,861
37,055,148
-

61,046,267
34,579,192
-

106,248,010

95,625,458

Police
Fire
Other

Total Public Safety
Transportation

8,106,377
755,143
35,209,807
4,041,407

6,834,244
687,753
29,524,926
3,600,879

Street Transportation
Street Lighting
Aviation
Public Transit

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

99,945,634
10,403,412
362,221,763
280,802,341

90,726,439
8,651,229
401,609,962
249,622,479

92,021,294
10,403,412
270,389,357
280,802,341

7,924,341
91,832,406
-

48,112,734

40,647,802

Total Transportation

831,586,561

753,373,151

750,610,109

653,616,403

99,756,747

Community Development
6,861,699
12,088,858
2,649,944
3,036,699

5,973,719
10,031,708
1,540,768
2,345,557

Planning and Development
Housing
Economic Development
Neighborhood Services Department

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

74,648,964
112,679,394
20,916,171
33,447,480

65,895,963
95,357,655
14,358,917
26,091,871

74,648,964
112,612,801
15,848,623
33,447,480

66,593
5,067,547
-

24,637,201

19,891,752

Total Community Development

306,573,879

241,692,009

201,704,406

236,557,868

5,134,140

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

113,782,375
42,315,400
63,978,114
12,032,658
187,388,082
5,805,342
5,365,324

105,115,935
39,332,942
57,521,626
11,648,515
158,760,738
4,405,888
4,136,132

113,366,665
42,315,400
47,969,821
187,301,631
5,805,342
5,365,324

415,710
16,008,293
12,032,658
86,451
-

479,011,538

430,667,296

380,921,776

402,124,184

28,543,112

Community Enrichment
10,687,707
3,418,814
3,884,232
1,093,813
18,822,230
250,373
385,776

11,466,617
4,079,770
1,984,285
1,058,890
13,184,561
176,255
417,147

38,542,946

32,367,524

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
MAY 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
$

30,320,137 $
14,431,847
15,188,390
2,414,834
446,212
156,956

28,752,216
15,215,780
11,822,588
1,343,028
209,618
99,472

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

62,958,376

57,442,701

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
16
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
9
78,875
1,732,993
1,003,266
2,129
26,786

10,903,716

10,951,645

70,914,386

$

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

$

384,946,135
182,660,777
155,242,622
32,600,375
4,133,811
669,778

$

337,675,517
166,517,208
157,725,698
28,546,342
1,467,921
660,079

$

249,226,089
112,851,697
141,882,730
21,472,267
4,133,811
669,778

$

135,720,046
69,809,080
13,359,892
11,128,108
-

853,197,392

760,253,499

692,592,764

530,236,372

230,017,127

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

50,351,057
15,640,243
1,949,237
8,099,817
767,115
2,710,278
304,104
9,741,129
9,863,432
224,744
27,241,335
15,517,708
996,812
1,772,443
550,000
36,294,979
14,584,493
46,583
294,643

18,571,224
3,149,896
667,127
7,368,927
495,481
2,599,328
2,039,126
13,864,842
6,605,841
599,935
18,453,269
9,786,348
3,985,309
996,812
23
867,625
19,062,923
11,035,925
23,421
294,643

50,351,057
15,640,243
1,949,237
8,099,817
767,115
2,710,278
304,104
9,741,129
9,863,432
224,744
27,241,335
15,517,708
996,812
1,368,401
550,000
36,294,979
14,584,493
46,583
294,643

404,042
-

Total Debt Service

198,070,331

196,950,151

120,468,025

196,546,109

404,042

56,964,597

Capital Improvement

1,389,224,070

400,330,761

473,894,568

400,330,761

-

-

4,024,271

American Rescue Plan Act

108,447,955

-

76,744,755

-

-

-

-

Vacancy Savings

(20,000,000)

-

-

-

-

-

-

Contingencies

186,288,000

-

-

-

-

General Obligation Debt Service

$

383,159,531 $

337,486,355

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

4,280,353,728

$

3,984,197,416

$

3,888,544,109

$

391,809,618

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

$
26,083,194
23,474,537
1,501,024
20,348,081
27,607,362
12,143,313
5,672,648
948,743
1,162,815
81,369,687
33,132,887
2,584,878
12,453,597
1,661,286
45,322,100
113,161,814

1,977,105
11,751,036
7,107,497
4,896,940
8,895,237
12,487,433
995,786
4,787,383
25,756,513
578,235
12,345,107
234,912,201
379,490
130,518,197

$

$
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

26,083,194
17,335,235
412,809
16,011,524
12,143,313
5,672,648
948,743
1,162,815
28,940,651
2,584,878
506,551
44,739,946
101,579,472

$

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

6,139,302
1,501,024
19,935,272
11,595,838
81,369,687
4,192,236
12,453,597
1,154,735
582,154
11,582,342

$

902,484
26,437,682
15,976,805
3,198,976
13,656,837
84,024,836
7,619,659
21,759,178
8,329,037
6,081,005
121,852,914
77,416,501
12,953,122
8,528,049
6,124,917
470,656,502
6,001,000
247,160,675

$

1,547,308,145 $

408,627,964 $

457,388,159

$

927,905,167 $

258,121,779

$

619,402,978 $

150,506,186

$

1,138,680,181

$

$

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

$

3,210,017,574

$

$

38,807,126
111,539,945
22,126,452
104,879,519
98,727,375
376,080,417

$

$

107,769,940
79,832,235
28,811,768
162,593,843
173,393,634
552,401,421

$

784,708,381

$

1,009,789,580

28

$

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

22,433,435
3,243,686
13,481,149
30,999,377
72,051,336
$ 142,208,983

$ 1,389,224,070

$ 400,330,761

$

$

$

$

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

$

1,820,793,504

$

$

16,373,691
108,296,259
8,645,303
73,880,142
26,676,039
233,871,434

$

$

528,280,692
58,003,055
6,820,164
402,323,961
291,201,140
1,286,629,012

$

384,377,620

$

2,425,309,193

Bonds Authorized and Sold
As of MAY 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

Apr
46,770
29,662
40,758
54,758
43,371
49,268

June

May
27,146
35,239
40,197
72,938
85,884
50,292

YTD thru
May
422,269
448,321
492,374
597,875
640,690
561,840

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

Apr
14,284
18,557
23,414
25,105
23,090
24,058

May
14,640
11,288
17,998
15,952
15,244
17,706

YTD thru
May
156,768
166,605
188,444
212,486
225,708
214,179

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

Apr
5,668
5,110
7,162
8,075
7,252
7,226

May
5,959
4,699
6,472
6,061
7,241
6,442

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

YTD thru
May
66,934
67,873
75,403
74,180
76,003
78,997

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

Apr
210,659
180,484
316,241
255,574
243,521
304,518

May
245,256
226,625
277,929
320,064
419,779
335,291

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

YTD thru
May
2,107,215
2,175,469
2,558,973
2,617,975
2,857,650
2,955,264

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

May

June

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

Apr
37,847
27,255
31,454
40,080
48,930
40,340

May
34,396
23,524
30,668
46,367
46,926
39,843

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

YTD thru
May
359,295
351,643
299,352
417,780
461,556
421,615

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

Apr
31,150
29,080
37,714
40,702
35,722
39,550

May
36,293
40,442
42,556
45,193
41,526
46,921

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

YTD thru
May
364,714
401,975
448,988
440,454
444,971
472,426

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

May

June

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

Apr
21,256
18,428
21,584
24,091
21,595
22,562

May
20,980
23,948
20,085
22,296
23,607
23,077

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

YTD thru
May
226,487
234,370
237,320
248,885
246,447
250,327

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