City of Phoenix, Arizona. Monthly Financial Report

Transcription

1 City of Phoenix, Arizona Monthly Financial Report March 212

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3 Monthly Financial Report March 212 Executive Summary The budget amounts in this report represent the official adopted budget, as approved by the City Council, for fiscal year Revenues Revenues for the General Fund were $14.8 million less than prior year-to-date revenues. As of March 212, local sales taxes were up $7.6 million compared to the prior year-to-date sales tax revenues. However, state shared taxes were down $16.9 million compared to the prior year-to-date state shared tax revenues. The decrease in state shared revenues was primarily from income taxes. The decrease in Police revenues reflects a settlement received in the prior year. Revenues through March 212 are slightly lower than what was projected in the Estimate. (see pages 12-13) Regional Transit revenues are less as compared to the fiscal year 212 budget estimate. This is due to a decrease in public transportation reimbursements for light rail costs and service reductions. (see pages 14-15) Expenditures Citywide year-to-date expenditures for the month of March 212 are $11.6 million less than year-to-date expenditures for March 211. The decrease is mostly related to decreases in Public Transit, Water, Wastewater and Public Works expenditures. (see pages 22-25) Year-to-date General Fund expenditures for the first nine months of the fiscal year are 69.7% of budgeted expenditures. This is primarily due to less expenditure as compared to the budget in capital improvements, environmental services, community development and transportation. (see page 3) However, year-to-date General Fund expenditures are $24.1 million more than prior year-to-date expenditures primarily due to a change in the accounting for the Information Technology Services (ITS) Department s costs. In fiscal year 211, ITS costs were charged directly to the user Departments. In fiscal year 212, ITS costs are budgeted in the General Fund and then user Departments transfer amounts back to the General Fund through a centralized cost allocation model. (see page 3) Capital fund year-to-date expenditures have decreased $59.9 million to $551.5 million from $611.4 million spent during the same period last year. Decreases in capital expenditures as compared to last year-to-date include $124.4 million in Water, $19.9 million in Parks and Preserves, $31.4 in Streets and Transportation, $14.2 million in Public Transit and $1.4 million in Wastewater projects. Decreases in Capital Fund year-to-date expenditures are partially offset by increases at the Aviation Department (including Phx Sky-Train) of $175.4 million. (see pages 26-27) -1-

4 General Funds Summary

5 Summary General Funds As of March 31 (dollars in thousands) Revenues Actual % of Year-to-Date Estimate Year-to-Date Estimate Actual Local Taxes Sales Taxes $ 417,6 $ 3,296 $ 292, % 74.6 % Privilege License Fees 2,465 2,17 2, State Shared Taxes State Sales Tax 11,696 83,258 82, State Income Tax 122,65 91,58 17, Vehicle License Tax 48,45 34,686 36, Primary Property Tax 126,763 75,692 76, Licenses and Permits 3,27 2,185 2, Cable Communications 9,567 4,688 4, Municipal Court Fines and Forfeitures 2,759 16,24 15, Court Default Fee 1, Police 12,598 11,881 12, Library 1, Parks and Recreation 7,13 4,286 5, Planning & Development Street Transportation 5,124 4,174 4, Fire Emergency Transportation Service 36,75 26,828 26, Other 12,462 8,372 8, Interest Other Fees and Service Charges 14,89 1,58 13, Total Revenues $ 953,212 $ 679,655 $ 694, % 72.1 % - 2 -

6 Summary General Funds As of March 31 (dollars in thousands) Expenditures and Encumbrances Actual % of Year-to-Date Estimate Year-to-Date Estimate Actual General Government Mayor $ 1,428 $ 1,22 $ 1, % 78.1 % City Council 3,323 2,331 2, City Manager 1, , Information Technology Services (1) 32,873 2,917 (1,234) 63.6 (44.) Public Information 2,319 1,76 1, Equal Opportunity 2,287 1,619 1, Law 18,234 13,263 13, City Auditor 2,575 1,639 2, City Clerk 4,969 3,537 2, Human Resources 11,8 7,456 7, and Research 3,191 2,357 2, Finance 17,16 12,719 14, Others 2,782 2,872 1, Total General Government 14,122 72,484 51, Criminal Justice Municipal Court 3,954 21,41 21, Public Defender 4,78 3,491 3, Total Criminal Justice 35,662 24,91 25, Public Safety Police 428, ,134 32, Fire 226, ,87 164, Others 3 (26) 121 (86.7) Total Public Safety 655, , , Transportation Street Transportation 22,527 14,77 15, Public Transit 19,231 13,973 14, Total Transportation 41,758 28,5 3, Community Development Economic Development 4,886 3,255 3, Neighborhood Services Department 11,532 7,8 7, Planning and Development 4,995 3,231 3, Others Total Community Development 21,47 14,326 14, Community Enrichment Parks and Recreation 89,567 64,41 64, Library 35,277 23,134 23, Human Services 18,493 12,35 13, Others 2,121 1,422 1, Total Community Enrichment 145,458 11,262 12, Environmental Services Public Works 16,4 1,538 6, Environmental Programs Total Environmental Services 17,378 11,94 7, Capital Improvement 3,733 1, Contingencies 37, Total Expenditures and Encumbrances $ 1,62,848 $ 74,991 $ 716, % 75.1 % (1) In prior years, Information Technology Services' charges were allocated to user departments. In fiscal year 212, Information Technology Services' charges are budgeted for within the Information Technology Services Department

7 Citywide Summary

8 Comparison to Prior Year Revenues YEAR-TO-DATE REVENUES As of March 31, 212 3,5 3, 2,5 2, 1,5 1, 5 Current YTD Revenues Prior YTD Revenues Revenues Year-to-date revenues as of March 31 increased by $2,981,263 to $2,137,353,372 from the $2,134,372,19 collected during the same period last year, an increase of.1%. For the current year, 71.% of the total estimated revenue has been collected. Of the total revenues received last year, 7.8% had been collected as of March

9 Comparison to Prior Year Operating Expenditures YEAR-TO-DATE OPERATING EXPENDITURES As of March 31, 212 3,2 3,1 3, 2,9 2,8 2,7 2,6 2,5 2,4 2,3 2,2 2,1 2, 1,9 1,8 1,7 1,6 1,5 1,4 1,3 1,2 1,1 1, Current YTD Expenditures Prior YTD Expenditures Operating Expenditures For the entire City, including enterprise funds such as Water Services and Aviation, year-to-date operating expenditures as of March 31 decreased $11,558,64 to $2,234,415,57 from the $2,245,973,634 spent during the same period last year, a decrease of.5%. For the current year, 64.3% of the total appropriations has been spent. Of the total actual expenditures for last year, 74.2% had been spent as of March

10 Comparison to Prior Year Capital Expenditures YEAR-TO-DATE CAPITAL EXPENDITURES As of March 31, Current YTD Expenditures Prior YTD Expenditures Capital Expenditures Year-to-date capital expenditures as of March 31 decreased $59,871,249 to $551,492,351 from the $611,363,6 spent during the same period last year, a decrease of 9.8%. For the current year, 41.8% of the total appropriations has been spent. Of the total actual expenditures for last year, 71.% had been spent as of March

11 Summary Operating Revenues As of March 31 (dollars in thousands) Actual % of Year-to-Date Estimate Year-to-Date Estimate Actual Source General Funds Local Taxes: Sales Taxes $ 417,6 $ 3,296 $ 292, % 74.6 % Privilege License Fees 2,465 2,17 2, State Shared Taxes: State Sales Tax 11,696 83,258 82, State Income Tax 122,65 91,58 17, Vehicle License Tax 48,45 34,686 36, Primary Property Tax 126,763 75,692 76, Licenses and Permits 3,27 2,185 2, Cable Communications 9,567 4,688 4, Municipal Court 21,859 16,885 16, Police 12,598 11,881 12, Library Fees 1, Parks and Recreation 7,13 4,286 5, Planning & Development Street Transportation 5,124 4,174 4, Fire 49,212 35,2 35, Interest Other Fees and Service Charges 14,89 1,58 13, Total General Funds 953, , , Special Revenue Funds and Debt Service Neighborhood Protection 26,956 19,491 18, Public Safety Enhancement & Expansion 78,517 57,475 55, Parks and Preserves 27,51 19,731 18, Transit 2 159, ,517 18, Court Awards 11,425 7,414 2, Planning and Development 33,1 24,811 22, Capital Construction 17,52 12,683 12, Sports Facilities 14,781 1,141 9, Highway User Revenue 91,126 65,634 76, Regional Transit Revenues 28,863 15,581 22, Community Reinvestment 3,854 2,426 6, Other Restricted Fees 25,634 22,326 15, Grants 36,82 156,34 134, G.O. Bond Debt Service 99,757 58,882 9, Total Special Revenue Funds and Debt Service 925,73 589, , Enterprise Funds Aviation 329,36 245,9 242, Convention Center 57,391 39,215 45, Water System 366, , , Wastewater 23, , , Solid Waste 142,567 18,877 17, Golf Courses 6,13 4,678 4, Total Enterprise Funds 1,132, , , Total Operating Revenues $ 3,1,937 $ 2,137,353 $ 2,134, % 7.8 % - 7 -

12 Summary Operating Revenues As of March 31, 212 General Funds Local Taxes General Funds State Shared Taxes Current YTD Revenues Prior YTD Revenues Current YTD Revenues Prior YTD Revenues Total General Funds Revenues Highway User Revenues 1, , Current YTD Revenues Prior YTD Revenues Current YTD Revenues Prior YTD Revenues - 8 -

13 Summary Operating Expenditures and Encumbrances As of March 31 (dollars in thousands) Actual % of Year-to-Date Year-to-Date Estimate Actual Source General Government General Funds $ 14,122 $ 72,484 $ 51, % 72.6 % Other Funds 15,186 9,694 6, Total General Government 119,38 82,178 57, Criminal Justice General Funds 35,662 24,91 25, Other Funds 9,893 2,231 5, Total Criminal Justice 45,555 27,132 3, Public Safety General Funds 655, , , Other Funds 161, , , Total Public Safety 816,488 63,796 64, Transportation General Funds 41,758 28,5 3, Other Funds 566, ,8 428, Total Transportation 68, ,58 458, Community Development General Funds 21,47 14,326 14, Other Funds 23, , , Total Community Development 252, ,1 133, Community Enrichment General Funds 145,458 11,262 12, Other Funds 136,167 98,882 16, Total Community Enrichment 281,625 2,144 28, Environmental Services General Funds 17,378 11,94 7, Other Funds 617,1 395,96 42, Total Environmental Services 634,478 47, 428, Debt Service General Funds Other Funds 138, , , Total Debt Service 138, , , Capital Improvement General Funds 3,733 1, Other Funds 489, ,18 18, Total Capital Improvement 493,21 177,139 18, Contingencies General Funds 37, Other Funds 46, Total Contingencies 84, Total Operating General Funds 1,62,848 74, , Other Funds 2,411,565 1,493,425 1,529, Total Operating $ 3,474,413 $ 2,234,416 $ 2,245, % 74.2 % - 9 -

14 Summary Operating Expenditures and Encumbrances As of March 31, 212 Total General Government Total Criminal Justice Current YTD Expenditures Prior YTD Expenditures Current YTD Expenditures Prior YTD Expenditures NOTE (1) Total Public Safety Total Transportation Current YTD Expenditures Prior YTD Expenditures Current YTD Expenditures Prior YTD Expenditures NOTE (1) In prior years, Information Technology Services' charges were allocated to user departments. In fiscal year 212, Information Technology Services' charges are budgeted for within the Information Technology Services Department

15 Summary Operating Expenditures and Encumbrances As of March 31, 212 Total Community Development Total Community Enrichment Current YTD Expenditures Prior YTD Expenditures Current YTD Expenditures Prior YTD Expenditures Total Environmental Services Total Debt Service Current YTD Expenditures Prior YTD Expenditures Current YTD Expenditures Prior YTD Expenditures

16 Citywide Detail

17 Revenues For the Month Ended March Source Estimate Actual Year-to-Date Percent of Year-to-Date Estimate Actual General Funds Local Taxes: $ 32,548,662 $ 31,32,34 Sales Taxes $ 417,6, $ 3,296,235 $ 292,78, % 74.6 % 112,37 135,775 Privilege License Fees 2,464,5 2,16,519 2,183, ,66,699 31,437,89 Total Local Taxes 419,47,5 32,42, ,891, State Shared Taxes: 9,553,58 9,133,972 State Sales Tax 11,696, 83,258,139 82,14, ,168,12 11,97,581 State Income Tax 122,65, 91,58,44 17,735, ,86,166 4,819,572 Vehicle License Tax 48,45, 34,686,298 36,52, ,581,794 25,924,125 Total State Shared Taxes 28,86, 29,452, ,378, ,76,79 4,54,878 Primary Property Tax 126,763, 75,692,22 76,295, , ,426 Licenses and Permits 3,27, 2,185,155 2,388, Cable Communications 9,567,56 4,687,667 4,799, Municipal Court: 2,237,647 2,487,949 Fines and Forfeitures 2,759,25 16,23,694 15,944, ,27 177,122 Court Default Fee 1,1, 861,19 844, ,443,674 2,665,71 Total Municipal Court 21,859,25 16,884,713 16,789, ,295,726 1,9,728 Police 12,597,587 11,88,768 12,711, ,36 112,111 Library Fees 1,256,14 99, , ,74 332,653 Parks and Recreation 7,12,531 4,286,55 5,17, ,29 129,48 Planning and Development 993,3 746, , ,979 44,35 Street Transportation 5,124,98 4,173,92 4,754, Fire: 2,811,19 2,985,782 Emergency Transportation Service 36,75, 26,828,115 26,693, , ,232 Hazardous Materials Inspection Fee 1,3, 581, , , ,85 Other 11,161,613 7,79,11 7,732, ,182,191 3,388,819 Total Fire 49,211,613 35,199,511 35,92, ,38 26,41 Interest 31,38 493,424 21, ,178 3,938,11 Other Fees and Service Charges 14,889,664 1,579,484 13,37, ,398,192 74,33,655 Total General Funds 953,211, ,654, ,42,

18 Revenues For the Month Ended March Source Estimate Actual Year-to-Date Percent of Year-to-Date Estimate Actual Special Revenue Funds and Debt Service Neighborhood Protection: $ 1,551,455 $ 1,43,515 Police Neighborhood Protection $ 18,837, $ 13,595,38 $ 12,928, % 72.9 % 11,819 12,18 Police Blockwatch 1,345, 971,99 923, ,91 51,899 Fire Neighborhood Protection 6,726, 4,855,493 4,617, (5,218) (9,96) Interest/Other 48, 68,96 (29,998) ,211,147 2,33,688 Total Neighborhood Protection 26,956, 19,49,878 18,439, Public Safety Enhancement & Expansion: 4,68,565 4,345,416 Police 58,269, 42,648,459 41,253, ,537,912 1,477,412 Fire 2,18, 14,864,886 14,576, (6,54) 1,913 Interest/Other 14, (38,35) 48,336 (27.2) 11. 6,139,937 5,824,741 Total Public Safety Enhancement & Expansion 78,517, 57,475,31 55,877, ,243,84 2,92,198 Parks and Preserves 27,51, 19,731,464 18,937, Transit 2: 8,865,459 8,174,378 Sales Taxes 17,64, 77,687,889 73,879, ,421,586 5,215,67 Interest/Other 52,325,926 38,828,653 34,953, ,287,45 13,389,985 Total Transit 2 159,965, ,516,542 18,833, ,57,28 47,873 Court Awards 11,425,39 7,413,676 2,691, ,253,976 2,613,755 Planning and Development 33,1, 24,81,976 22,68, ,368,47 1,422,857 Capital Construction 17,52, 12,683,459 12,686, Sports Facilities: 1,435,91 1,388,788 Sales Taxes 14,386, 9,71,494 9,358, ,899 36,687 Interest/Other 395, 43, , ,46,89 1,425,475 Total Sports Facilities 14,781, 1,141,137 9,852, Highway User Revenue: 9,838,257 1,74,432 Highway User Revenue 9,226, 65,131,388 76,469, ,22 53,782 Interest 6, 232, , ,549 3 Other 3, 269,577 87, ,97,26 1,128,514 Total Highway User Revenue 91,126, 65,633,546 76,933, ,931,45 11,845 Regional Transit Revenues 28,863,623 15,581,417 22,291, ,211 3,14,85 Community Reinvestment 3,853,899 2,426,367 6,936, ,655,752 1,813,45 Other Restricted Fees 25,633,671 22,326,481 15,387,

19 Revenues For the Month Ended March Source Estimate Actual Year-to-Date Percent of Year-to-Date Estimate Actual Special Revenue Funds and Debt Service (Cont'd) Grants: Public Housing: $ 61,152 $ 694,64 Rentals $ 9,27,65 $ 5,157,895 $ 4,867, % 73.5 % 5,716,69 5,711,48 Grants 77,5,775 51,81,938 43,987, ,153 75,147 Other 2,431,392 1,23,433 3,4, ,42,374 7,11,259 Total Public Housing 88,77,232 58,172,266 51,859, Other: 4,338,57 2,477,637 Human Resources 42,765,75 3,812,395 28,741, ,264 4,15,533 Federal Transit Administration 9,983,354 3,265,155 2,24, ,16,137 2,94,68 Community Development 34,665,229 14,85,31 13,41, ,953,487 11,129,26 Other 129,96,524 49,23,472 38,464, ,778,395 19,86,84 Total Other 217,374,857 98,131,323 82,631, ,18,769 26,917,63 Total Grants 36,82,89 156,33, ,491, G.O. Bond Debt Service 4,11,344 6,134,72 Secondary Property Tax 94,529, 56,34,511 87,488, ,36 31,146 Interest 5,228, 2,577,226 2,615, ,122,38 6,165,866 Total G.O. Bond Debt Service 99,757, 58,881,737 9,14, ,896,256 77,325,115 Total Special Revenue and Debt Service 925,73, ,416, ,144, Enterprise Funds AVIATION: Sky Harbor: 7,633,743 6,935,944 Airlines 18,, 67,259,39 61,693, ,286,48 17,627,137 Concessions 173,799, 144,425, ,853, ,688 95,43 Interest 1,62, 1,12, , , ,941 Other 3,286, 2,318,243 2,754, , ,798 Phoenix-Goodyear 1,724, 1,249,564 1,236, ,48 246,19 Phoenix-Deer Valley 3,66,5 2,162,975 2,45, ,796,89 3,665,49 Phoenix-Customer Facility Charge 37,, 27,364,8 25,987, ,469,76 28,875,678 Total Aviation 329,35,5 245,9, ,923, CONVENTION CENTER: 3,499,89 3,334,89 Excise Taxes 39,685, 28,17,562 26,845, ,836,22 1,597,639 Operating Revenue 17,16,16 1,87,484 18,225, ,438 53,362 Interest 6, 299, , ,361,549 4,985,891 Total Convention Center 57,391,16 39,214,872 45,538,

20 Revenues For the Month Ended March Source Estimate Actual Year-to-Date Percent of Year-to-Date Estimate Actual Enterprise Funds (Cont'd) WATER SYSTEM: $ 18,759,566 $ 15,54,151 Water Sales $ 343,293, $ 267,418,199 $ 239,986, % 72.3 % 489, ,647 Water Service Fees 6,, 4,278,844 4,438, ,41 187,843 Distribution 3,18, 2,644,85 2,24, , ,55 Intergovernmental 9,395, 6,14,857 5,364, ,48 121,5 Development Fees 1,5, 1,344, 924, , ,71 Interest 1,298, 1,492,613 2,592, ,18 327,866 Other 1,98, 2,836,45 2,45, ,726,348 17,629,133 Total Water System 366,646, 286,154, ,916, WASTEWATER: 16,81,69 16,369,726 Sewer Service Charges 196,14, 145,688, ,3, ,422,263 1,338,281 Multi-City 14,486, 14,783,656 14,317, ,46 1,98 Development Fees 1,4, 1,262,52 818, , ,647 Interest 1,962, 1,675,947 2,138, ,54 774,342 Other 16,93, 2,46,371 2,335, ,551,718 18,758,976 Total Wastewater 23,882, 183,457, ,64, SOLID WASTE: 1,388,486 1,284,19 Collection Fees 123,625, 93,73,216 92,539, ,211 95,162 Landfill Fees 7,44, 5,79,838 5,976, ,253 61,372 Interest 75, 39,356 53, ,822 1,129,518 Other 1,752,5 1,333,68 8,431, ,13,772 12,425,161 Total Solid Waste 142,567,5 18,877,18 17,477, GOLF COURSES: 67, ,855 Fees 4,1,5 3,88,894 2,852, ,294 6,854 Coffee Shops 78,4 6,687 51, ,7 243,195 Concessions 2,8, 1,535,967 1,352, (8,953) (12,263) Interest (185,282) (9,764) (16,786) ,916 2,375 Other 128, 82, , , ,16 Total Golf Courses 6,129,618 4,677,61 4,31, ,15,319 83,558,855 Total Enterprise Funds 1,132,651, ,282, ,87, $ 227,444,767 $ 235,187,625 Total Operating Revenues $ 3,1,937,189 $ 2,137,353,372 $ 2,134,372, % 7.8 %

21 Operating Expenditures and Encumbrances For the Month Ended March Estimate Program Actual Year-to-Date Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt General Government $ 127,716 $ 19,667 Mayor $ 1,438,58 $ 1,22,79 $ 1,6,948 $ 1,22,79 $ - 267, ,588 City Council 3,323,173 2,331,152 2,456,786 2,331, , ,442 City Manager 2,289,692 1,95,77 1,234,943 1,95,77-2,425,96 (19,485,166) Information Technology Services 33,838,35 21,351,994 (174,779) 21,26, ,76 11,224 96,7 Government Relations 1,321,292 1,272, ,945 1,272, ,945 28,135 Public Information 2,624,699 2,,236 2,53,239 2,,236-26,579 28,561 Equal Opportunity 2,691,191 1,923,387 2,31,88 1,923,387-1,656,963 1,91,118 Law 2,41,149 14,653,223 15,313,236 14,653,223-92,76 163,61 City Auditor 2,574,942 1,638,611 2,56,32 1,638, ,13 (752,14) City Clerk 4,993,8 3,548,956 2,634,595 3,537,227 11,729 47,728 3,675 Elections 1,298,797 1,667,79 226,216 1,667,79-846,88 1,79,523 Human Resources 11,729,936 7,76,92 8,141,644 7,695,595 65,37 48,927 7,643 Retirement Systems - 85,575 73,157 85,575 - (38,459) 19,963 Phoenix Employment Relations Board 162,59 38,542 94,14 38, ,76 362,279 and Research 3,191,87 2,356,913 2,695,345 2,356,913-1,58,93 2,56,454 Finance 24,16,975 14,861,139 16,5,158 14,757,596 13,543 1,689,191 - Regional Wireless Cooperative 3,629,63 4,568,769-4,568,769-1,68,534 (12,68,19) Total General Government 119,38,245 82,177,565 57,374,629 81,851, ,339 Criminal Justice 2,53,436 3,413,716 Municipal Court 4,846,452 23,641,237 27,242,122 23,288, ,16 394, ,258 Public Defender 4,78,45 3,49,736 3,43,51 3,49,736-2,924,554 3,798,974 Total Criminal Justice 45,554,92 27,131,973 3,645,623 26,778, ,16 Public Safety 43,92,73 49,126,563 Police 547,39,725 46,842,224 48,562,781 44,832,676 2,9,548 21,472,145 23,853,387 Fire 268,616,5 196,71, ,98, ,953, ,93 28,685 92,752 Other 48, , ,59 243,455-65,43,56 73,72,72 Total Public Safety 816,487,722 63,795,792 64,66,954 61,29,314 2,766,

22 Operating Expenditures and Encumbrances For the Month Ended March Estimate Program Actual Year-to-Date Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Transportation $ 4,36,833 $ 5,234,29 Street Transportation $ 58,632,945 $ 41,995,292 $ 41,353,654 $ 41,98,42 $ 86,872 1,15,584 1,77,618 Street Lighting 11,685,358 7,898,556 8,457,595 7,898,556-23,428,37 24,84,84 Aviation 29,441, ,915,67 193,84, ,415,427 51,5,18 8,73,88 13,28,82 Public Transit 247,575,53 218,248, ,731, ,564,855 38,683,693 37,58,262 43,676,812 Total Transportation 68,335, ,58,3 458,627,19 376,787,258 9,27,745 Community Development 2,313,224 3,474,631 Planning and Development 33,61,91 23,457,674 24,142,742 23,457,674-6,438,72 6,74,522 Housing 75,137,22 58,458,756 57,282,517 58,44,336 54,42 1,736,57 2,125,149 Economic Development 37,775,681 18,71,25 2,25,98 16,419,783 1,651,467 3,966,713 3,531,573 Neighborhood Services Department 15,929,214 43,13,595 32,25,436 43,13,595-14,455,29 15,871,875 Total Community Development 252,444,25 143,1, ,655, ,295,388 1,75,887 Community Enrichment 6,72,756 7,954,417 Parks and Recreation 96,385,575 68,876,62 69,65,437 68,746, ,933 3,57,192 2,686,76 Library 36,69,133 23,638,723 23,91,288 23,638, , ,37 Golf 8,341,758 6,31,346 5,825,77 6,3, ,264,658 4,375,59 Convention Center 62,545,832 44,971,465 47,82,697 3,46,832 14,564, ,71 1,17,965 Sports and Cultural Facilities 1,968,395 5,93,373 9,165,48-5,93,373 5,223,976 6,758,963 Human Services 62,339,55 47,388,736 48,73,799 47,345,488 43, ,15 151,815 Public Parking Facilities 4,133,24 2,427,2 2,381,346 2,427,2-12,582 (44,912) Other 841,581 61,16 866,477 61,16-21,465,173 23,522,77 Total Community Enrichment 281,625,19 2,144,11 28,36, ,475,74 2,668,

23 Operating Expenditures and Encumbrances For the Month Ended March Estimate Program Actual Year-to-Date Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Environmental Services $ 19,939,446 $ 27,454,339 Water System $ 39,781,777 $ 26,398,369 $ 21,189,493 $ 129,678,1 $ 76,72,269 11,745,326 16,275,756 Wastewater 84,743,876 15,956, ,545,942 52,689,86 53,267,29 9,895,289 9,687,74 Solid Waste Management 124,238,686 82,284,337 89,624,729 72,625,546 9,658,791 1,445,59 3,661,578 Public Works 33,35,241 11,547,193 11,847,386 1,926,51 62, ,29 155,741 Environmental Programs 1,47, ,827 96,63 813,827-43,18,779 57,235,118 Total Environmental Services 634,477,563 47,,21 428,114,18 266,733,69 14,266,952 General Obligation Debt Service 19,588 19,54 Aviation 1,315,55 986, , ,291 1,23, ,131 Cultural Facilities 13,124,99 9,28,369 7,156,182-9,28,369 1,645,182 1,674,235 Downtown Development 19,974,955 14,86,638 15,68,113-14,86, Early Redemption ,613 22,61 Economic Development 211, , , , ,65 44,628 Fire Protection 4,727,555 3,78,589 3,641,651-3,78,589 55,981 55,597 Freeway Mitigation 671,765 53,824 5,374-53, ,288 45,315 Historic/Neighborhood Preservation 4,165,274 3,89,591 3,647,836-3,89,591 56,453 7,21 Human Services 677,444 58,83 631,894-58,83 772,733 67,2 Information Systems 9,357,132 6,954,598 5,464,796-6,954,598 59, ,44 Libraries 7,37,435 5,313,461 4,197,958-5,313,461 77,46 76,627 Maintenance Service Centers 929, , , ,142 2,91,377 1,561,487 Mountain Preserves/Parks 26,14,222 18,825,63 14,56,624-18,825,63 4,183 4,183 Municipal Administration Buildings 5,2 37,65 37,65-37,65 669,476 98,393 Police Protection 8,957,446 6,25,284 8,823,541-6,25, , ,918 Public Housing Renovation 2,22,132 1,169,648 1,916,265-1,169, ,277 1,591,339 Sanitary Sewers 6,361,8 4,13,568 4,951,192-4,13, Secondary Property Tax (37,8,55) 3,828 2,349,243-3, , ,657 Solid Waste Enterprise Bonds 1,846,375 1,384,46 1,885,969-1,384,46 2,636,619 2,122,75 Storm Sewer Improvements 31,958,772 23,729,569 19,14,347-23,729,569 2,317,91 3,55,356 Street Improvements 28,193,672 2,853,818 27,498,164-2,853,818 25,534 13,91 Street Light Refinancing 36, ,89 125,19-229,89 582,467 1,17,99 Water System 7,437,854 5,299,978 3,535,158-5,299,978 14,75,78 16,28,796 Total Debt Service 138,718, ,968, ,465, ,968,297 18,217,346 33,7,486 Capital Improvement 493,21, ,138,633 18,717, ,138, Contingencies 84,44, $ 227,299,125 $ 254,29,343 Total Operating $ 3,474,412,836 $ 2,234,415,57 $ 2,245,973,634 $ 1,673,95,286 $ 56,465,

24 Capital Expenditures and Encumbrances For the Month Ended March Actual Year- Program to-date Actual Yearto-Date Year-to-Date Capital Amounts From Operating Funds From Capital Funds Actual Actual Unencumbered $ 12,598 $ 341,34 Arts and Cultural Facilities $ 14,84,17 $ 7,653,487 $ 4,222,687 $ 1,195, $ 187,39 $ 13,69,17 $ 7,466,178 $ 7,15,62 1,917,147 8,33,368 Aviation 435,812, ,735, ,348,18 53,59,375 24,968, ,222, ,767, ,77,4 35,893 36,562 Economic Development 1,143,514 5,48,31 14,147,73 6,544,985 4,638,541 3,598,529 49,49 5,95, , ,5 Energy Conservation 17,716,981 8,549,58 4,397,491 17,716,981 8,549, ,167,923 (111,155) 1,22,977 Facilities Management 19,197,8 7,22,317 6,731,354 1,752, 188,696 17,445,8 7,13,621 11,995, ,18 3,143 Fire Protection 21,14,399 1,135,41 4,91, ,14,399 1,135,41 11,4, Freeway Mitigation ,642 38,1 Historic Preservation 2,759, ,933 1,268,122 86,883-2,672, ,933 2,276,426 4,339,79 11,742,174 Housing 63,64,234 27,136,514 36,537,315 48,568,331 17,768,411 15,35,93 9,368,13 36,467,72 15,182 33,657 Human Services 2,857, ,657 4,513, ,857, ,657 2,478,65 29,75 317,584 Information Technology 14,253,43 4,825,462 6,541,971 1,256,533 3,155,994 3,996,87 1,669,468 9,427,941 96,27 62,853 Libraries 7,697,854 2,928,13 4,291,567 1,454,5 1,259,231 6,243,354 1,668,899 4,769,724 (16,328) 219,326 Neighborhood Services 12,85,676 1,45,962 2,677,413 3,966,861 69,93 8,118, ,32 1,679, ,416 4,321,917 Parks and Mountain Preserves 99,788,25 34,361,512 54,239,329 46,85,118 22,31,978 52,937,97 12,5,534 65,426,513 2,415 23,864 Phoenix Convention Center 2,212,33 638,246 3,827,49 2,212,33 58,875-57,371 1,574,57 133, ,58 Police Protection 25,59,6 2,273,15 1,277, ,59,6 2,273,15 23,236, , ,6 Public Transit 77,991,552 6,494,116 2,672,952 26,179,381 1,827,726 51,812,171 4,666,39 71,497, ,713 2,766,228 Solid Waste Disposal 31,444,218 12,397,722 21,699,81 16,565, 7,25,262 14,879,218 5,147,46 19,46,496 3,256,223 3,955,126 Street Transportation & Drainage 155,714,473 49,3,56 8,457,362 7,784,54 3,787,168 84,929,969 18,243,338 16,683,967 2,776,51 4,169,21 Wastewater 17,462,416 15,899,24 26,26,846 72,777,54 13,439,614 34,684,876 2,459,626 91,563,176 5,899,933 24,235,487 Water System 197,6,987 61,916, ,349, ,519,959 39,616,324 85,81,28 22,299, ,684,79 $ 31,328,17 $ 63,618,282 Total Capital Improvement Program $ 1,319,796,832 $ 551,492,351 $ 611,363,6 $ 493,21,254 $ 177,138,633 $ 826,775,578 $ 374,353,718 $ 768,34,

25 Bonds Authorized and Sold As of March 31 (dollars in thousands) 1988 Authorizations Authorized Sold Available General Obligation Bonds Freeway Mitigation, Neighborhood Stabilization, and Slum and Blight Elimination $ 29,285 $ 28,285 $ 1, Bonds Fully Issued 884, ,175 - Total General Obligation Bonds 913,46 912,46 1, Revenue Bonds Bonds Fully Issued 143,89 143,89 - Total 1988 Authorizations 1,57,35 1,56,35 1, 21 Authorization General Obligation Bonds Education, Youth and Family Cultural Facilities 66,3 64,325 1,975 Computer Technology 125,3 123,85 2,215 Environmental Cleanup 24,8 24,17 63 Fire Protection 61,5 6,6 9 Historic Preservation 12, 11, Library Facilities 33, 32,1 9 Street Improvements 91,5 89,275 2,225 Neighborhood Protection and Senior Centers 74, 71,645 2,355 Parks, Open Space, and Recreational Facilities 77, 72,575 4,425 Police Protection 78,8 75,64 3,16 Storm Sewer and Flood Protection 66, 64,23 1,77 Bonds Fully Issued 43,7 43,7 - Total 21 Authorizations 753,9 732,42 21,48 26 Authorization General Obligation Bonds Affordable Housing and Neighborhood Revitalization 81, 57,645 23,355 Computer Technology 11,1 8,4 2,7 Education and Health Science Facilities 198,7 186,95 11,75 Environmental Cleanup 12,8 7,75 5,725 Family, Senior, and Youth Cultural Facilities 14,622 63,29 41,332 Fire Protection 74,75 43,9 3,85 Library Facilities and Improvements 29,178 19,675 9,53 Parks, Open Space, and Recreational Facilities 115,5 72,325 43,175 Police Protection 17,295 62,9 44,395 Street Improvements 78,2 55,915 22,285 Storm Sewer and Flood Protection 65,4 5,55 14,85 Total 26 Authorizations 878,5 628, ,875 Total Bond Program $ 2,689,75 $ 2,417,395 $ 272,