This is a placeholder for agenda item No. 9: Receive and File Treasurer Report for June 2012 as determined by the Council's meeting on 8/07/2012.

CITY OF WOODINVILLE, WA REPORT TO THE CITY COUNCIL 17301 133rd Avenue NE, Woodinville, WA 98072 WWW.CLWOODINVILLE.WA.US To: Honorable City Council Date: 08/14/2012 From: Jennifer Kuhn, City Clerk Subject: PLACEHOLDER: Treasury Report for June 2012 This is a placeholder for agenda item No. 9: Receive and File Treasurer Report for June 2012 as determined by the Council's meeting on 8/07/2012. I: \Council, Boards & Commissions \City Council\ Staff Reports \2012\Augusn8-14-2012\Placeholder Treasurer Report for June 2012.doc 1

CITY OF WOODINVILLE, WA REPORT TO THE CITY COUNCIL 17301 133rd Avenue NE, Woodinville, WA 98072 WWW.CI.WOODINVILLE.WA.US To: Honorable City Council Date: August 7, 2012 From: Richard A. Leahy, City Manager By: Jim Katica, Finance Director Subject: Treasury Report for June 2012 ISSUE: Shall the City Council receive the Treasury Report for June 2012? RECOMMENDATION: To receive the Treasury Report for the month of June 2012. BACKGROUND/DISCUSSION: Revenues and expenditures are reported through June, 2012 (75% through the biennium). Total Operating Revenues Operating revenues are within 11/2% of our revised forecast. Primary Tax Revenues Sales tax revenues through June are as expected. In a comparison of the month of June 2012 to June 2011 the revenue is down about $12,000 due to sales tax from construction. Although the retail, manufacturing, wholesale trade and food service industries are generating more tax revenue than last year, the City has collected approximately $110,000 less in total sales tax compared to 2011. This is primarily due to decline in sales tax from construction, which we anticipated in our forecast. Both Admission taxes and field rentals revenues are close to forecast. Property taxes and utility taxes are close to expected. Development service permits and fees as of June 2012 are 16% more than anticipated for the entire biennium. Capital Project Revenues Real Estate Excise Tax (REET) revenue remains above forecast, but real estate sales have been at historic lows since the end of 2008. Park impact fees increased by 30% reflecting the third house permitted in two years and traffic impact fees are a fraction (12%) of the same period in the prior biennium. Expenditures Operating expenditures continue to be about 14% lower than budgeted. Legal is 3% over budget to-date and is the only operating function currently over budget. RECOMMENDED MOTION: I MOVE TO RECEIVE THE JUNE 2012 TREASURY REPORT. Attachment 1: June 2012 Treasury Report I: \Council, Boards & Commissions \City Council\ Staff Reports \2012\August\8-14-2012\Placeholder Treasurer Report for June 2012.doc 2

Treasury Report June 2012 City of Woodinville, Washington 17301 133 rd Avenue NE Woodinville, Washington 98072 I: \Council, Boards & Commissions \City Council\Staff Reports \2012 \August\8-14-2012\Placeholder Treasurer Report for June 2012.doc 3

City of Woodinville, Washington Schedule No. 1: Monthly Comparison Graphs Revised Budget Actual Pd To Date Jan-11 $348,916 $344,438 Feb-11 $790,500 $812,220 Mar-11 $1,255,905 $1,272,624 Apr-11 $1,571,827 $1,584,235 May-11 $1,970,838 $1,979,898 Jun-11 $2,468,189 $2,482,907 Jul-11 $2,837,639 $2,878,835 Aug-11 $3,268,271 $3,309,152 Sep-11 $3,792,347 $3,808,760 Oct-11 $4,176,543 $4,192,946 Nov-11 $4,593,389 $4,588,637 Dec-11 $5,126,000 $5,078,824 Jan-12 $5,444,576 $5,420,109 Feb-12 $5,847,761 $5,875,960 Mar-12 $6,277,630 $6,298,079 Apr-12 $6,566,081 $6,604,096 May-12 $6,930,442 $6,957,538 Jun-12 $7,389,433 $7,420,509 Jul-12 $7,726,757 Aug-12 $8,119,943 Sep-12 $8,603,382 Oct-12 $8,954,169 Nov-12 $9,334,768 Dec-12 $9,826,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 C41 e-i r-i 1-1 r 4 sl to LL its CL CU C' (1) VI 0 2 Sales Tax Comparison (including SST mitigation) "//,Z Revised Budget 2011-2012 A--Actual Pd To Date GA Actual 2009-2010 '71 co 1-1 U- CV c-v CL n3 2 '71 IN L r-1 OD fl CU L. cn 0 CV CU 0 Revised Budget Jan-11 $4,494 Feb-11 $22,017 Mar-11 $85,219 Apr-11 $806,388 May-11 $1,508,252 Jun-11 $1,527,164 Jul-11 $1,530,672 Aug-11 $1,538,170 Sep-11 $1,585,761 Oct-11 $2,497,458 Nov-11 $2,904,132 Dec-11 $2,916,691 Jan-12 $2,921,279 Feb-12 $2,939,166 Mar-12 $3,003,681 Apr-12 $3,739,839 May-12 $4,456,289 Jun-12 $4,475,595 Jul-12 $4,479,175 Aug-12 $4,486,829 Sep-12 Oct-12 Nov-p Dec-12 Actual Pd To Date $4,901 $22,249 $93,790 $720,604 $1,507,174 $1,516,847 $1,519,520 $1,521,240 $1,547,511 $2,194,970 $2,909,523 $2,914,121 $2,915,525 $2,934,405 $3,001,687 $3,818,149 $4,402,623 $4,456,089 $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 %-1 '-4 CU CU U-,-1 1-1 r-i e I s.l CL 2 < Property Tax Comparison $41:\Volitn, Boards & Commissions\City Council\Staff Reports\2012\August\8-14-2012\Placeholder Treasurer Report for June 2012.doc $5,466,053 $5,881,180 $5,894,000 e I v i i 0 ;71 t--1 0 co ti CU U- N c-1 CV (N ti CL 3 < rs, ti CV CV s71 0) L. V) 0 rsi a 0

City of Woodinville, Washington Schedule No. 1: Monthly Comparison Graphs - continued Revised Budget Actual Pd To Date Jan-11 $87,683 $89,371 Feb-11 $196,028 $176,309 Mar-11 $292,821 $285,545 Apr-11 $385,277 $356,906 May-11 $477,129 $438,435 Jun-11 $554,797 $515,992 Jul-11 $627,316 $597,146 Aug-11 $705,503 $670,648 Sep-11 $776,290 $743,239 Oct-11 $850,972 $822,098 Nov-11 $931,024 $894,881 Dec-11 $1,009,123 $978,329 Jan-12 $1,096,110 $1,073,577 Feb-12 $1,183,142 $1,163,035 Mar-12 $1,267,798 $1,253,986 Apr-12 $1,352,119 $1,341,226 May-12 $1,446,787 $1,450,922 Jun-12 $1,534,712 $1,498,750 Jul-12 $1,584,716 Aug-12 $1,689,745 Sep-12 $1,751,582 Oct-12 $1,817,472 Nov-12 $1,860,501 Dec-12 $1,957,380 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $5 00,000 Utility Tax Comparison Revised Budget 2011 2012 -A-- Actual Pd To Date 1--1 <-1 1-1,-1 <-1 <-1 <-1 <-1 <-1 v-1 N N N N N N N N N N N N <-1 71.-1 71 71 71 <-1 %-1, `;.1 1-1 ;1 <-1 cs. " C a 0 0- a) a >. 0- ny 7 CU L' 0 _CP C1J 7 QJ 0 a 2 < 1") 0 Z 0 U- < g < cc) O z Revised Budget Jan - 11 $10,537 Feb-11 $12,792 Mar-11 $24,439 Apr-11 $32,716 May-11 $38,078 Jun-11 $48,866 Jul-11 $69,577 Aug-11 $85,260 Sep-11 $109,640 Oct-11 $120,587 Nov-11 $141,385 Dec-11 $158,246 Jan-12 $179,812 Feb-12 $189,701 Mar-12 $203,317 Apr-12 $227,121 May-12 $243,093 Jun-12 $265,949 Jul-12 $285,915 Aug-12 $292,773 Sep-12 Oct-12 Actual Pd To Date $7,980 $11,385 $114,194 $125,678 $132,649 $151,605 $165,946 $190,020 $200,903 $211,772 $223,291 $232,506 $251,959 $258,505 $276,893 $283,211 $295,264 $309,115 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 Real Estate Excise Tax Comparison (each 1/4%) A Revised Budget 2011-2012 -A-- Actual Pd To Date <-1 - '7 " Ct. N < 2 I: \CSA41 Beards & Commissions \City Council\Staff Reports \2012\August\8-14-2012\Placeholder Treasurer Report for June 2012.doc $319,970 Nov-12 $331,487 egcn nno C <-1 <-1 a rsi CC 0) U- N N N a 2 C N <-1 1 Ṉ 1 x-1 CU < VI V 5

- City of Woodinville, Washington Schedule No. 1: Monthly Comparison Graphs - continued Revised Budget Actual Pd To Date Jan-11 $2,542 $741 Feb-11 $5,084 $1,588 Mar-11 $7,626 $14,320 Apr-11 $10,168 $18,624 May-11 $12,710 $18,624 Jun-11 $15,252 $20,339 Jul-11 $17,794 $28,191 Aug-11 $20,336 $31,288 Sep-11 $22,878 $31,288 Oct-11 $25,420 $31,228 Nov-11 $27,962 $31,288 Dec-11 $30,504 $31,288 Jan-12 $32,087 $31,803 Feb-12 $33,670 $34,288 Mar-12 $35,253 $36,283 Apr-12 $36,836 $41,032 May-12 $38,419 $41,032 Jun-12 $40,002 $46,487 Jul-12 $41,585 Aug-12 $43,168 Sep-12 $44,751 Oct-12 $46,334 Nov-12 $47,917 Dec-12 $49,500 $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 --e Traffic Impact Fees Comparison "War 4149 Revised Budget -A- A ct u a I Pd To Date Actual 2009-2010 Aoor,VINNor, r-i,-1 1-1 N N N N N N N N N N ri r-i r-f 1-1rI - sti - r-i r-i $ ;.1 I ;1 s- II0 0- ' >. (II (I) 0 0- CO (11 0 0J < 2 < g 0..1) LJ- -+ Z a 2 --, < Li) Z 0 Revised Budget Actual Pd To Date Jan-11 Feb-11 Mar-11 Apr-11 $3,000 May-11 $3,000 Jun-11 $3,000 Jul-11 $3,000 Aug-11 $6,000 $3,175 Sep-11 $6,000 $3,175 Oct-11 $6,000 $3,175 Nov-11 $6,000 $3,175 Dec-11 $6,000 $3,175 Jan-12 $6,000 $3,175 Feb-12 $9,000 $3,175 Mar-12 $9,000 r $6,350 $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 Park Impact Fees Comparison Revised Budget -A- Actual Pd To Date Apr-12 $9,000 $6,350 May-12 $12,000 $6,350 II acl (II 7 a, o _a2 m Jun-12 $15,000 $9,475 - < 2 < z a 2 Jul-12 $15,000 s-.1 1-1 %-1 r-i r-i N N N N N N Nr. N N N r-i r-i %-1 r-i r-i 1-1 r-i _L 6.0 ;4 HO LL Aug-12 $18,000 Sep-12 I: \Coas241018t,ards & Commissions\City Council\Staff Reports \2012\August\8-14-2012\Placeholder Treasurer Report for June 2012.doc Oct-12 $22,000 1(tov-12 $22,000 < o z o

City of Woodinville, Washington Schedule No. 1: Monthly Comparison Graphs - continued Revised Budget Actual Pd To Date Jan-11 $34,000 $34,411 Feb-11 $68,000 $63,550 Mar-11 $78,000 $132,563 Apr-11 $108,000 $178,988 May-11 $138,000 $237,991 Jun-11 $168,000 $269,474 Jul-11 $198,000 $296,548 Aug-11 $212,254 $358,783 Sep-11 $264,508 $405,411 Oct-11 $326,762 $452,649 Nov-11 $369,016 $491,206 Dec-11 $416,900 $522,824 Jan-12 $446,900 $566,746 Feb-12 $476,900 $623,161 Mar-12 $506,900 $689,825 Apr-12 $536,900 $761,240 May-12 $566,900 $818,534 Jun-12 $596,900 $906,270 Jul-12 $626,900 Aug-12 $656,900 Sep-12 $686,900 Oct-12 $716,900 Nov-12 $746,900 Dec-12 $778,323 $2,000,000 $1,800,000 $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 Development Services Permits, Licenses and Fees Comparison r-i ra v74 wri Revised Budget Actual Pd To Date IL 1-1 c-i ti v-i _ $ a 0-03 O. 7 0.1 < V) O %-1 ti 0 cu C) Z N 1,1. a" g 2, N N N Q.,a < Lr, 0 z Revised Budget Actual Pd To Date an-11 $5,486 $3,218 Feb-11 $10,972 $3,882 Mar-11 $24,286 $14,044 Apr-11 $37,601 $22,791 $450,000 May-11 $50,916 $33,812 un-11 $67,328 $44,535 Jul-11 $77,018 $57,493 $400,000 $350,000 Aug-11 $82,718 $118,967 $300,000 ep-11 $95,806 $126,832 $250,000 Oct-11 $108,893 $131,515 Nov-11 $119,936 $133,920 $200,000 ec-11 $130,000 $137,297 $150,000 Jan-12 $135,696 $138,004 $100,000 Feb-12 $141,393 $183,083 Mar-12 $155,220 $187,104 $50,000 Apr-12 $169,047 $187,169 May-12 $182,873 $191,686 Jun-12 $199,917 $194,034 Jul-12 $209,979 Aug-12 $215,898 - Parks and Recreation Fees Comparison riviv Revised Budget 2011-2012 -6,-- Actual Pd To Date -e- Actual 2009-2010 1-1 ti -i a 1±3 $ O. +4 v.) v ti (II N 11, Lt. N N N $ m -cc 2 Sep-12 ISe2lit14i893oards & Commissions\City Council\StaffReports\2012\August8-14-2012\Placeholder Treasurer Report for June 2012.doc Oct-12 $243,080 Nov-12 $254,548 - N C N N On N (-4 6_ L' v) 0 N N 0 Q., 2 0 7

- City of Woodinville, Washington Schedule No. 1: Monthly Comparison Graphs continued Revised Budget Actual Pd To Date Jan-11 $502,183 $522,192 Feb-11 $1,141,859 $1,096,333 Mar-11 $1,748,440 $1,770,344 Apr-11 $2,911,242 $2,894,346 May-11 $4,134,315 $4,213,713 Jun-11 $4,746,326 $4,921,650 Jul-11 $5,261,999 $5,487,990 Aug-11 $5,991,849 $6,109,966 Sep-11 $6,603,930 $6,844,964 Oct-11 $7,706,259 $7,997,391 Nov-11 $9,029,462 $9,214,874 Dec-11 $9,908,662 $9,877,596 Jan-12 $10,364,957 $10,387,912 Feb-12 $10,916,097 $11,031,178 Mar-12 $11,449,357 $11,651,237 Apr-12 $12,447,560 $12,972,794 May-12 $13,820,233 $14,028,116 * Jun-12 $14,560,233 $14,779,625 General Fund, Streets, Parks & Rec, Development Svcs Equipment Repl., Unemployment, Affordable Housing Revenue Comparison Budgeted and Actual $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $ 0 A---- Actual Pd To Date e-i r-1 1-1 s-1 t-i c-i t-i r-i 1-1 a-i x-i r-i N N N c-i,-i.-i r7i <-1 ',Ie-I N,- -I r-i,-i r-i Jul-12 1!..,... j,, 81, 6.,, 4-. $15,188,060 C -0 C 6,... ra w s_o 0_ ro = = CU 0 CD to GJ,,' Aug-12 $15,769,587 Sep-12 $16,428,347 Oct-12 $17,504,206 Nov-12 $18,722,503 Dec-12 $19,330,063 Revised Budget Actual Pd To Date Jan-11 $505,020 $492,842 Feb-11 $1,053,424 $811,994 Mar-11 $1,634,158 $1,333,027 Apr-11 $2,197,343 $1,720,774 May-11 $2,736,080 $2,140,417 Jun-11 $4,235,918 $3,551,249 Jul-11 $4,962,314 $4,225,290 Aug-11 $5,740,133 $4,905,364 Sep-11 $6,458,774 $5,463,072 Oct-11 $7,106,127 $6,046,716 Nov-11 $7,750,367 $6,682,952 Dec-11 $8,524,268 $7,479,837 Jan-12 $9,280,918 $8,032,511 Feb-12 $9,832,873 $8,426,562 Mar-12 $10,292,943 $8,868,781 Apr-12 $10,801,486 $9,350,295 May-12 $11,325,386 $9,780,255 Jun-12 $12,959,295 $11,169,586 Jul-12 $13,645,374 Aug-12 $14,127,654 Sep-12 Oct-12 N8v-12 Der.-17 8 LL. < 2 < ul z 0 1_,.. V/Z/ Revised Budget Actual Pd To Date CL N N N N k I N c-1 5 a) < * Monthly budgeted revenue was adjusted. There is no change to the total budgeted revenue. General Fund, Streets, Parks & Rec, Development Svcs, Equipment Repl., Unemployment, Affordable Housing Expenditure Comparison Budgeted, Amended and Actual $20,000,000 $18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 1-1 N N N N 7.1 1-1 N N N -! N N N N N N N tali C S2 se cu a <LI a., RI CL a)0 LL z 0 cu u 0 cu < 2 < < 2 <v>ozo 1$\C4oiait,6gdards & Commissions\City Council\Staff Reports \2012\August\8-14-2012\Placeholder Treasurer Report for June 2012.doe $15,881,603 $16,352,272 '17 767 57Q ci 0

City of Woodinv ille, Washington Schedule No. 1: Monthly Comparison Graphs - continued Revised Operating Revenue Revised Operating Exp 2011-2012 Jan-11 $522,192 $492,842 Feb-11 $1,096,333 $811,994 Mar-11 $1,770,344 $1,333,027 Apr-11 $2,894,346 $1,720,774 May-11 $4,213,713 $2,140,417 Jun-11 $4,921,650 $3,551,158 Jul-11 $5,487,990 $4,225,199 Aug-11 $6,109,966 $4,905,273 Sep-11 $6,844,964 $5,463,072 Oct-11 $7,997,391 $6,046,716 Nov-11 $9,214,874 $6,682,952 Dec-11 $9,877,596 $7,479,837 Jan-12 $10,387,912 $8,032,511 Feb-12 $11,031,178 $8,426,562 Mar-12 $11,651,237 $8,868,781 Apr-12 $12,972,794 $9,350,295 May-12 $14,028,116 $9,780,255 Jun-12 $14,779,625 $11,169,586 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 2011-2012 General Fund, Streets, Parks & Rec, Development Svcs, Equipment Repl., Unemployment, Affordable Housing Revenue vs Expenditures Actual $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 I I I 0 ;.1-1 0 '-I CD <-1 IL Revised Operating Revenue Revised Operating Exp 2011-2012 N N CL (-4 <NJ N O Q1 I: \Council, Boards & Commissions \City Council\Staff Reports \2012\August\8-14-2012\Placeholder Treasurer Report for June 2012.doc 9

City of Woodinville, Washington Schedule No. 2: Revised Biennial Budget vs. Expenditures by Department 2009/2010 Budget 2009/2010 Actual Expenditures 2011/2012 Budget YTD 2011/2012 Actual Expenditures Legislative $129,145 $116,038 $149,954 $90,776 Legal $557,000 $542,832 $688,500 $538,865 Executive $1,495,561 $1,298,167 $2,112,303 $1,375,304 Administrative $1,715,146 $1,508,452 $1,782,290 $1,213,135 Law Enforcement $5,544,500 $5,336,295 $6,067,642 $3,715,691 Public Services $1,792,921 $1,526,759 $1,372,213 $979,480 Non-Departmental $850,097 $825,148 Street $1,517,731 $1,511,210 $1,700,048 $1,098,553 Development Services $2,762,204 $2,730,948 $2,334,254 $1,604,543 Parks & Rec $2,340,280 $1,917,839 $755,409 $460,356 $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 a e,.c <, c-, c,e',c. N, ea c,.. a- e _.(---4 KS e,*c\ \.., c.,e Cic.)' \c c<0 '-' eaṫk e <<, *(\.- -o 'S;-- 44 (Z Oe''c \.a,c< \-\ < c, C., CCc- C 1:Y 'C C\k-- tcè' Nc5-4e Oe' Ira 2009/2010 Budget n 2011/2012 Budget 0 2009/2010 Actual Expenditures YTD 2011/2012 Actual Expenditures 10

Schedule No. 3: City of Woodinville Monthly Revenue/Expenditure Financial Report (General Fund, Streets, Parks & Rec, Development Svcs., Unemployment, Affordable Housing) Revised % of % REVENUE SOURCES Budget Thru June 12 Budget Variance Operations Property Tax $5,894,000 $4,456,089 76% 1% Sales Tax $8,800,000 $6,634,593 75% 0% SST Mitigation $1,026,000 $785,915 77% 2% Other Taxes $560,000 $424,049 76% 1% Cable TV/PEG Fees/Licenses $379,391 $288,707 76% 1% Grants/Intergov $437,000 $361,918 83% 8% Other Chgs for Svcs $325,269 $142,910 44% -31% Miscellaneous $251,080 $209,461 83% 8% Subtotal General Fund $17,672,740 $13,303,642 75% 0% Gas Tax $428,000 $336,457 79% 4% Development Services $778,323 $921,175 118% 43% Parks & Recreation $265,000 $194,062 73% -2% Admission Tax $380,000 $299,962 79% 4% Subtotal Other Op Funds $1,851,323 $1,751,656 95% 20% Total Revenue Operations $19,524,063 $15,055,298 77% 2% Debt Service $1,064,076 $799,502 75% EXPENDITURES Revised % of % Operations Budget Thru June 12 Budget Variance General Fund $12,172,902 $7,913,251 65% -10% Street Fund $1,700,048 $1,098,553 65% -10% Development Services $2,334,254 $1,604,543 69% -6% Parks & Recreation $755,409 $460,356 61% -14% Unemployment $186,000 $75,544 41% -34% Equipment Replacement $134,100 $17,338 13% -62% r Affordable Housing Total Expenditure Operations $17,282,713 $11,169,585 65% -10% Excluded: Debt Svc, HoteUMotel, Surface Water, Reserve Funds, CIP Funds I: \Council, Boards & Commissions \City Council\Staff Reports \2012 \August8-14-2012\Placeholder Treasurer Report for June 2012.doc 11

City of Woodinville, Washington Schedule No. 4: Cash and Investment Activity 2012 June 2012 May 2012 April Beginning Cash & Investments $28,545,665 $27,699,428 $26,621,604 Receipts Deposits $210,738 $201,934 $289,976 King County - ACH $91,427 $899,184 $1,078,224 State of Washington Wire $547,669 $395,224 $365,188 State Investment Interest Revenue $3,776 $3,099 $3,015 Total Receipts $853,610 $1,499,441 $1,736,402 Total Available $29,399,275 $29,198,870 $28,358,007 Disbursements Claims $561,404 $428,051 $341,085 Payroll $293,809 $225,153 $317,507 Total Disbursements $855,213 $653,204 $658,592 Ending Cash & Investments $28,544,062 $28,545,665 $27,699,428 Schedule No. 4: Schedule of Cash & Investments at Month End 2012 2012 2012 June May April Cash Bank Accounts (1) $3,572,676 $2,875,625 $2,427,711 State Investment Pool (2) $24,971,385 $25,670,040 $25,271,717 Total Cash and Investment Holdings $28,544,062 $28,545,665 $27,699,428 (1) Cash Balances reflect General Ledger Book Balances and not actual bank cash balances. (2) As of June 30, 2012, the State Investment Pool provided net earnings rate of 0.18%; Treasury Information source: http://vvvvw.treas.uov/offices/domestic-finance/debt-management/interest-rate/yield historical.shtml Interest Rate Comparison 4.50% 4.00% 3.50% 3.00% 2.50% 2.00%, 1.50% 1.00% 0.50% - 0.00%,, -,, ' c)c)p,c)q,c) `") >5)Nc).;)$) NC) ^r'' >>,NN' 'N,I\" N1' ',-1' ;CI' \'>Cs P- % Oc qe'c?" F 9c >`\,i.- %.(' e Pit P ao c,- c," so,,-c% 0 << 0 C. <(' > 4-2009-2012 LGIP Net Earnings Rate 11--- 10 Year T-Bi II onth T-Bi II I: \Council, Boards & Commissions \City Council\ Staff Reports \2012 \August\8-14-2012\Placeholder Treasurer Report for June 2012.doc 1 2

City of Woodinville, Washington Schedule No. 5: City of Woodinville Monthly Revenue/Ependiture Report CIP RELATED REVENUE SOURCFS Revised Budget Thru June 75% (Y0 of Budget Admission Tax Real Estate Excise Tax I & II Utility Tax Parks Levy Park Impact Fees Traffic Impact Fees Grant Total Capital Projects Revenues $380,000 $299,918 79% $700,000 $617,055 88% $1,957,380 $1,499,507 77% $62,000 $42,536 69% $22,000 $9,475 43% $49,500 $47,977 97% $3,303,000 $288,419 9% $6,473,880 $2,804,888 43% CIP RELATED EXPENDITURES Street & Sidewalk Projects Overlay Rock Wall I and II Sammamish Bridge Replacement Wood Duvall 202/148th Roundabouts SR522/ 195th NE 145th Pedestrian Improvements BNRP School Safety Zones Total Street & Sidewalk Projects $1,400,000 $100,000 $7,159,000 $600,000 $1,015,000 $330,000 $165,716 $600,000 $11,369,716 $740,370 $69,309 $638,788 $366,409 $238,722 $864,903 $296,490 $165,715 $79,285 $3,459,992 53% 69% 9% 61% 85% 90% 100% 13% 30% Parks Projects Sportfields Green Brier Fastside Rails Corridor Study Park Improvements - Tree Planting Total Parks Projects $62,000 $150,000 $187,000 $399,000 $176,986 $12,140 20% 0% $5,735 3% $194,861 49% Surface Water Projects Chateau Reach Erosion/Sediment Control 140th/175th Street Storm Drain Sammamish River Outfall Water Quality Imp Misc Drainage Improvements Total Surface Water Projects $261,000 $205,000 $405,000 $161,000 $1,032,000 $61,510 $163,292 $51,233 $21,604 $297,638 24% 80% 13% 13% 29% Facility Projects Public Works Maintenance Shop Old Woodinville Schoolhouse RFP Emergency Shelter Generator $200,000 $100,000 $200,000 $16,927 $53,619 8% 54% 0% \any:a yokififycp tifils \City Council\ Staff Reports \2012AugoOth2012\Placehoyfrols rer Report fc4dane 2012.doc TOTAL CIP Expenses $13,300,716 $4,023,037 30% 13

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CITY OF WOODINVILLE THE 2011/2012 BIENNIAL BUDGET A look at the biennial budget through June 2012.

Sales Tax Revenue (includes SST Mitigation) 2009/2010 Actual; 2011/2012 Original Budget; 2011/2012 Revised Budget; Biennium to Date $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 Revised Budget Original Budget Actual Pd To Date Actual 2009-2010

Semi Annual Sales Tax Revenues Top Four Business Categories (2006 2012) $1,400,000.00 $1,200,000.00 $1,000,000.00 $800,000.00 $600,000.00 $400,000.00 $200,000.00.00 2006 2007 2008 2009 2010 2011 2012 Construction Wholesale Food Service Retail

$6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 Property Tax Revenue 2009/2010 Actual; 2011/2012 Budget; Biennium to Date Revised Budget Actual 2009-2010 Actual Pd To Date

Utility Tax Revenue 2009/2010 Actual; 2011/2012 Budget; Biennium to Date $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 Revised Budget Actual 2009-2010 Actual Pd To Date

Utility Taxes by Category

Real Estate Excise Tax Revenue 2009/2010 Actual; 2011/2012 Budget; Biennium to Date $400,000 $300,000 $200,000 $100,000 Revised Budget Actual 2009-2010 Actual Pd To Date

Real Estate Excise Tax Revenue 1993 2011 Actual; 2012 2014 Forecast (each ¼%) $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Traffic Impact Fees Revenue 2009/2010 Actual; 2011/2012 Budget; Biennium to Date $450,000 $375,000 $300,000 $225,000 $150,000 $75,000 Revised Budget Actual 2009-2010 Actual Pd To Date

Park Impact Fees 2009/2010 Actual; 2011/2012 Budget; Biennium to Date $25,000 $20,000 $15,000 $10,000 $5,000 Revised Budget Actual 2009-2010 Actual Pd To Date

Development Fees 2009/2010 Actual; 2011/2012 Budget; Biennium to Date $2,000,000 $1,600,000 $1,200,000 $800,000 $400,000 Revised Budget Actual 2009-2010 Actual Pd To Date

Revenue Comparison: General Fund, Streets, Parks, Dev. Services, Equipment Repl, Unemployment, Affordable Housing $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 Revised Budget Actual Pd To Date

Expenditure Comparison 2011-2012 General Fund, Streets, Parks & Rec, Development Svcs, Equipment Repl., Unemployment, Affordable Housing Budgeted, Amended and Actual

Revenues vs. Expenditures

Questions?