HomeMy WebLinkAbout2025-12 Monthly Report
City of Tukwila
Financial Report
January – December
2025
Revenues 72,929,306$ 72,033,915$ 101.2%
Transfers In 5,377,629 5,784,066 93.0%
Expenditures 68,827,870 70,815,611 97.2%
Transfers Out 7,377,501 5,610,591 131.5%
Net Revenues Less Expenditures 2,101,564$ 1,391,779$
% of Year Complete
100.0%
General Fund figures include General Fund and Contingency Fund, a Sub-Fund of the General Fund
Budget Variance
% of Annual Budget
General Fund
Overview
2025 Actuals through
December 2025 Total Budget
$-
$10
$20
$30
$40
$50
$60
$70
$80
Revenues Transfers In Expenditures Transfers Out
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General Fund Overview
Year to Date Budget
City of Tukwila Monthly Finance Report 1
Category 2025 Total
Budget
2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Taxes:
Property Tax 11,999,227$ 12,031,743$ 32,516$ 100.3%
Sales & Use Tax 23,283,886 18,872,134 (4,411,752) 81.1%
Other Sales Taxes 1,163,100 890,703 (272,397) 76.6%
Gambling Taxes 4,349,500 3,875,396 (474,104) 89.1%
Business & Occupation Taxes 2,400,000 2,364,776 (35,224) 98.5%
Utility Taxes 4,493,702 4,067,455 (426,247) 90.5%
Interfund Utility Taxes 3,167,729 2,937,680 (230,049) 92.7%
Admission Taxes 859,235 983,788 124,553 114.5%
Leasehold Excise Tax 260,000 184,209 (75,791) 70.8%
Business Licenses 3,445,500 2,699,969 (745,531) 78.4%
Building Permits & Rental Housing Permits 1,985,200 2,298,639 313,439 115.8%
Intergovernmental 5,697,852 10,001,297 4,303,445 175.5%
Charges for Services 2,612,121 3,067,826 455,705 117.4%
Miscellaneous Revenue 1,616,863 4,142,256 2,525,393 256.2%
Transfers In - Indirect Cost Allocation 3,111,694 3,111,694 - 100.0%
Transfers In From Other Funds 2,672,372 2,265,935 (406,437) 84.8%
Sale of Capital Assets 4,700,000 4,511,436 (188,564) 96.0%
Total 77,817,981$ 78,306,936$ 488,955$ 100.6%
Percent of Year Complete:100.0%
General Fund Overview - Revenues and Transfers In by Category
City of Tukwila Monthly Finance Report 2
$- $1 $2 $3 $4 $5 $6 $7 $8 $9 $10 $11 $12 $13 $14 $15 $16 $17 $18 $19 $20 $21 $22 $23 $24 $25
Sale of Capital Assets
Transfers In From Other Funds
Transfers In - Indirect Cost Allocation
Miscellaneous Revenue
Charges for Services
Intergovernmental
Building Permits & Rental Housing Permits
Business Licenses
Interfund Utility Taxes
Utility Taxes
Business & Occupation Taxes
Gambling Taxes
Sales & Use Tax
Property Tax
Millions
General Fund Major Revenues
Revenues and Transfers In YTD Total Budget
City of Tukwila Monthly Finance Report 3
$ %
Taxes:
Property Tax 17,536,670$ 18,106,912$ 12,031,743$ (6,075,169)$ -33.6%
Sales & Use Tax 21,693,508 23,729,637 18,872,134 (4,857,503) -20.5%
Other Sales Taxes 1,158,201 1,116,814 890,703 (226,111) -20.2%
Gambling Taxes 4,212,952 4,026,213 3,875,396 (150,817) -3.7%
Business & Occupation Taxes - 2,100,836 2,364,776 263,940 +12.6%
Utility Taxes 4,125,408 4,412,082 4,067,455 (344,627) -7.8%
Interfund Utility Taxes 2,567,243 2,684,965 2,937,680 252,715 +9.4%
Admission Taxes 842,387 904,888 983,788 78,900 +8.7%
Leasehold Excise Tax 251,569 277,095 184,209 (92,886) -33.5%
Business Licenses 3,243,556 2,779,853 2,699,969 (79,884) -2.9%
Building Permits & Rental Housing Permits 2,488,082 2,322,692 2,298,639 (24,053) -1.0%
Intergovernmental 8,911,269 8,580,068 10,001,297 1,421,229 +16.6%
Charges for Services 2,627,318 2,520,551 3,067,826 547,275 +21.7%
Miscellaneous Revenue 2,345,348 3,769,758 4,142,256 372,498 +9.9%
Transfers In - Indirect Cost Allocation 2,822,397 2,963,517 3,111,694 148,177 +5.0%
Transfers In From Other Funds 1,493,719 1,543,740 2,265,935 722,195 +46.8%
Sale of Capital Assets - - 4,511,436 4,511,436 -
Total 76,319,627$ 81,839,621$ 78,306,936$ (3,532,685)$ -4.3%
General Fund: Year-to-Year Revenues and Transfers In
2025 vs 20242024 Revenues
Through December
2025 Revenues
through DecemberCategory2023 Revenues
Through December
City of Tukwila Monthly Finance Report 4
$- $1 $2 $3 $4 $5 $6 $7 $8 $9 $10 $11 $12 $13 $14 $15 $16 $17 $18 $19 $20 $21 $22 $23 $24 $25
Sale of Capital Assets
Transfers In From Other Funds
Transfers In - Indirect Cost Allocation
Miscellaneous Revenue
Charges for Services
Intergovernmental
Building Permits & Rental Housing Permits
Business Licenses
Interfund Utility Taxes
Utility Taxes
Business & Occupation Taxes
Gambling Taxes
Sales & Use Tax
Property Tax
Millions
General Fund Major Revenues Prior Year Comparisons YTD
2023 2024 2025
City of Tukwila Monthly Finance Report 5
Department 2025 Total Budget 2025 Expenses through
December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
City Council 400,093$ 381,647$ 18,446$ 95.4%
Mayor's Office 9,870,218 8,978,717 891,501 91.0%
Finance Department 4,343,230 4,502,324 (159,094) 103.7%
Community Development (DCD) 5,748,041 5,184,136 563,905 90.2%
Municipal Court 2,329,525 2,230,061 99,464 95.7%
Police Department 28,411,330 27,715,069 696,261 97.5%
Fire Department 1,398,192 1,139,246 258,946 81.5%
Recreation Department 4,244,958 3,400,444 844,514 80.1%
Park Maintenance Dept 2,904,012 2,966,779 (62,767) 102.2%
Public Works Dept 4,977,693 4,261,024 716,669 85.6%
Street Maintenance Dept 4,761,271 4,536,086 225,185 95.3%
Non-Departmental
Expenses 1,427,046 3,532,337 (2,105,291) 247.5%
Transfers Out - Debt Service 3,692,390 3,692,390 - 100.0%
Transfers Out to Other Funds 1,918,201 3,685,111 (1,766,910) 192.1%
Total 76,426,200$ 76,205,371$ 220,829$ 99.7%
Percent of Year Complete:100.0%
General Fund Overview - Expenditures & Transfers Out by Department
City of Tukwila Monthly Finance Report 6
$-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
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General Fund Expenditures and Transfers Out by Department
Expenditures and Transfers Out YTD Total Budget
City of Tukwila Monthly Finance Report 7
$ %
City Council 366,378$ 379,671$ 381,647$ 1,976$ +0.5%
Mayor's Office 8,800,319 8,407,736 8,978,717 570,981 +6.8%
Finance Department 3,177,417 3,899,182 4,502,324 603,142 +15.5%
Community Development (DCD) 4,582,457 5,066,013 5,184,136 118,123 +2.3%
Municipal Court 1,623,823 2,109,368 2,230,061 120,693 +5.7%
Police Department 21,267,400 24,054,433 27,715,069 3,660,636 +15.2%
Fire Department 15,087,708 16,661,942 1,139,246 (15,522,696) -93.2%
Recreation Department 3,099,392 2,934,968 3,400,444 465,476 +15.9%
Park Maintenance Dept 2,011,278 2,431,544 2,966,779 535,235 +22.0%
Public Works Dept 3,854,307 3,670,734 4,261,024 590,290 +16.1%
Street Maintenance Dept 3,316,759 3,668,199 4,536,086 867,887 +23.7%
Non-Departmental
Expenses1 4,155,328 3,273,502 3,532,337 258,834 +7.9%
Transfers Out - Debt Service 4,749,775 4,206,273 3,692,390 (513,883) -12.2%
Transfers Out to Other Funds 625,908 1,645,354 3,685,111 2,039,757 +124.0%
Total 76,718,249$ 82,408,919$ 76,205,371$ (6,203,549)$ -8%
Notes:
1In 2025, vehicle leases across the General Fund are now Non-Departmental exenses. From 2023-2024, these expenses were paid from savings accumulated in the Fleet Fund
General Fund Overview - Year-to-Year Expenditures & Transfers Out by Department
2024 Expenses through
December
2025 Expenses through
DecemberCategory 2025 vs 20242023 Expenses through
December
City of Tukwila Monthly Finance Report 8
$-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
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General Fund Expenditures by Department Prior Year Comparions YTD
2023 2024 2025
City of Tukwila Monthly Finance Report 9
Category 2025 Total Budget 2025 Expenses through
December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 33,466,376$ 31,995,452$ 1,470,924$ 95.6%
Benefits 12,851,718 11,370,305 1,481,413 88.5%
Supplies 1,681,034 1,825,788 (144,754) 108.6%
Services 22,586,277 22,784,885 (198,608) 100.9%
Land, Structures, Machinery, Equipment 200,000 830,292 (630,292) 415.1%
Other Expenditures 30,205 21,148 9,057 70.0%
Transfers Out - Debt Service 3,692,390 3,692,390 - 100.0%
Transfers Out to Other Funds 1,918,201 3,685,111 (1,766,910) 192.1%
Total 76,426,201$ 76,205,371$ $ 220,830 99.7%
Percent of Year Complete:100.0%
General Fund Overview - Expenditures by Category
$-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
Salaries, Wages, &
Overtime
Benefits Supplies Services Land, Structures,
Machinery, Equipment
Other Expenditures Transfers Out - Debt
Service
Transfers Out to Other
Funds
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General Fund Expenditures and Transfers Out by Category
Expenditures and Transfers Out YTD 2025 Total Budget
City of Tukwila Monthly Finance Report 10
$ %
Salaries, Wages, & Overtime 26,134,968$ 30,585,358$ 31,995,452$ 1,410,094$ +4.6%
Benefits 9,892,228 10,836,242 11,370,305 534,063 +4.9%
Supplies 1,610,923 1,411,683 1,825,788 414,105 +29.3%
Services 29,194,930 32,087,068 22,784,885 (9,302,183) -29.0%
Services excluding PSRFA Fire Contract 15,706,174 17,105,363 22,784,885 5,679,522 +33.2%
Land, Structures, Machinery, Equipment 3,654,499 785,431 830,292 44,861 +5.7%
Other Expenditures 855,018 851,508 21,148 (830,360) -97.5%
Transfers Out - Debt Service 4,749,775 4,206,273 3,692,390 (513,883) -12.2%
Transfers Out to Other Funds 625,908 1,645,354 3,685,111 2,039,757 +124.0%
Total 76,718,249$ 82,408,917$ 76,205,371$ (6,203,546)$ -7.5%
General Fund: Year-to-Year Expenditures & Transfers Out by Category
Category 2024 Expenses through
December
2025 Expenses through
December
2025 vs 20242023 Expenses through
December
$-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
Salaries, Wages, &
Overtime
Benefits Supplies Services Services excluding
PSRFA Fire Contract
Land, Structures,
Machinery, Equipment
Other Expenditures Transfers Out - Debt
Service
Transfers Out to Other
Funds
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General Fund Expenditures by Category Prior Year Comparions YTD
2023 2024 2025
City of Tukwila Monthly Finance Report 11
Revenues 906,140$ 897,750$ 100.9%
Expenditures 460,722 992,204 46.4%
Transfers Out 29,209 29,209 100.0%
Net Revenues Less Expenditures 416,209$ (123,663)$
% of Year Complete
100.0%
Fund 101 Hotel/Motel Special Revenue Fund
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 12
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 51,393$ 52,065$ (672)$ 101.3%
Benefits 20,561 10,375 10,186 50.5%
Supplies 3,000 933 2,067 31.1%
Services 917,250 397,349 519,901 43.3%
Transfers Out - Internal Cost Allocation 29,209 29,209 - 100.0%
Total 1,021,413$ 489,931$ $ 531,482 48.0%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Hotel/Motel Tax 850,000$ 822,929$ (27,071)$ 96.8%
Investment Earnings 47,750 83,211 35,461 174.3%
Total 897,750$ 906,140$ 8,390$ 100.9%
% of Year Complete
100.0%
Fund 101 Hotel/Motel Special Revenue Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$200
$400
$600
$800
$1,000
$1,200
2025 Expenditures YTD 2025 Total Budget
Th
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Fund 101 Expenditures
$892
$894
$896
$898
$900
$902
$904
$906
$908
2025 Revenues YTD 2025 Total Budget
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Fund 101 Revenues
City of Tukwila Monthly Finance Report 13
$ %
Salaries, Wages, & Overtime 74,666$ 94,181$ 52,065$ (42,116)$ -44.7%
Benefits 18,335 21,186 10,375 (10,811) -51.0%
Supplies 154 73 933 860 +1178.1%
Services 291,229 354,831 397,349 42,518 +12.0%
Transfers Out - Internal Cost Allocation 26,493 27,818 29,209 1,391 +5.0%
Total 410,877$ 498,089$ 489,931$ (8,158)$ -1.6%
$ %
Hotel/Motel Tax 971,162$ 984,326$ 822,929$ (161,397)$ -16.4%
Investment Earnings 122,651 157,314 83,211 (74,103) -47.1%
Total 1,137,813$ 1,155,640$ 906,140$ (249,500)$ -21.6%
Fund 101 Hotel/Motel Special Revenue Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
Fund 101 Hotel/Motel Special Revenue Fund
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
$- $200 $400 $600 $800 $1,000 $1,200 $1,400
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 101 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 14
Revenues 304,190$ 1,130,000$ 26.9%
Expenditures 118,568 850,000 13.9%
Net Revenues Less Expenditures 185,622$ 280,000$
% of Year Complete
100.0%
Budget Variance
% of Annual Budget
Fund 103 Residential Street Fund
Overview
2025 through
December 2025 Total Budget
City of Tukwila Monthly Finance Report 15
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime - 3,336 (3,336) -
Benefits - 715 (715) -
Supplies -$ 17,829$ (17,829)$ -
Services 850,000 96,688 753,312 11.4%
Total 850,000$ 118,568$ 731,432$ 13.9%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Utility Taxes 100,000$ -$ (100,000)$ 0.0%
Grant Revenues 724,000 - (724,000) 0.0%
State Entitlements 280,000 234,943 (45,057) 83.9%
Investment Earnings 26,000 69,246 43,246 266.3%
Total 1,130,000$ 304,190$ (825,810)$ 26.9%
% of Year Complete
100.0%
Fund 103 Residential Street Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$100
$200
$300
$400
$500
$600
$700
$800
$900
2025 Expenditures YTD 2025 Total Budget
Th
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Fund 103 Expenditures
$-
$200
$400
$600
$800
$1,000
$1,200
2025 Revenues YTD 2025 Total Budget
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Fund 103 Revenues
City of Tukwila Monthly Finance Report 16
$ %
Salaries, Wages, & Overtime 11,171$ 2,146$ 3,336$ 1,190$ +55.5%
Benefits 6,107 916 715 (201) -21.9%
Supplies 99,158 120,017 17,829 (102,188) -85.1%
Services 454,098 298,745 96,688 (202,057) -67.6%
Land, Structures, Machinery, Equipment 145,409 56,171 - (56,171) -100.0%
Total 715,943$ 477,995$ 118,568$ (359,427)$ -75.2%
$ %
Grant Revenues 158,574$ 70,797$ -$ (70,797)$ -100.0%
State Entitlements 301,042 286,215 234,943 (51,272) -17.9%
Investment Earnings 36,871 67,100 69,246 2,146 +3.2%
Transfers In 257,977 401,572 - (401,572) -100.0%
Total 1,404,464$ 825,684$ 304,189$ (521,495)$ -63.2%
Fund 103 Residential Street Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2024 Expenses
through December
2025 Expenses
through December
2025 vs 20242023 Expenses
through December
Fund 103 Residential Street Fund
Year-to-Year Revenues and Transfers In by Category
Category 2024 Revenues
through December
2025 Revenues
through December
2025 vs 20242023 Revenues
through December
$- $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 103 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 17
Revenues 6,911,628$ 5,586,001$ 123.7%
Expenditures 4,459,298 7,636,726 58.4%
Net Revenues Less Expenditures 2,452,330$ (2,050,725)$
% of Year Complete
100.0%
Fund 104 Arterial Street Fund
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 18
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 793,142$ 684,384$ 108,758$ 86%
Benefits 312,185 226,418 85,767 73%
Supplies 23,200 104,810 (81,610) 451.8%
Services 6,508,200 2,134,720 4,373,480 32.8%
Land, Structures, Machinery, Equipment - 1,308,967 (1,308,967) -
Total 7,636,727$ 4,459,299$ 3,177,428$ 58.4%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Utility Taxes 1,320,000$ 1,297,065$ (22,935)$ 98.3%
Parking Tax 800,000 893,870 93,870 111.7%
Real Estate Excise Tax (REET) 500,000 224,607 (275,393) 44.9%
Permits 1 - (1) 0.0%
Franchise Fees 450,000 559,083 109,083 124.2%
Grant Revenues 2,026,000 1,400,638 (625,362) 69.1%
State Entitlements 135,000 122,272 (12,728) 90.6%
General Government Revenue - 360 360 -
Traffic Impact Fees 200,000 1,608,225 1,408,225 804.1%
Fines and Penalties 2,000 6,388 4,388 319.4%
Other Income 80,000 433,526 353,526 541.9%
Investment Earnings 73,000 339,214 266,214 464.7%
Total 5,586,001$ 6,885,248$ 1,299,247$ 123.3%
% of Year Complete
100.0%
Fund 104 Arterial Street Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
$9,000
2025 Expenditures YTD 2025 Total Budget
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Fund 104 Expenditures
$-
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
2025 Revenues YTD 2025 Total Budget
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Fund 104 Revenues
City of Tukwila Monthly Finance Report 19
$ %
Salaries, Wages, & Overtime 412,458$ 539,068$ 684,384$ 145,316$ +27.0%
Benefits 144,402 176,054 226,418 50,364 +28.6%
Supplies 88,103 124,429 104,810 (19,619) -15.8%
Services 2,111,312 2,484,677 2,134,720 (349,957) -14.1%
Land, Structures, Machinery, Equipment 1,854,466 1,431,949 1,308,967 (122,982) -8.6%
Total 4,610,741$ 4,756,177$ 4,459,299$ (296,878)$ -6.2%
$ %
Utility Taxes 657,388$ 1,489,182$ 1,297,065$ (192,117)$ -13%
Parking Tax 782,686 889,096 893,870 4,774 +0.5%
Real Estate Excise Tax (REET) 630,798 556,511 224,607 (331,904) -59.6%
Permits 831 2 - (2) -100.0%
Franchise Fees 45,342 418,422 559,083 140,661 +33.6%
Grant Revenues 1,563,410 1,627,426 1,400,638 (226,788) -13.9%
State Entitlements 147,120 146,500 122,272 (24,228) -16.5%
General Government Revenue - 425 360 (65) -15.3%
Traffic Impact Fees 810,328 327,767 1,608,225 1,280,458 +390.7%
Fines and Penalties 11,081 3,102 6,388 3,286 +105.9%
Other Income 453,234 144,600 433,526 288,926 +199.8%
Investment Earnings 266,657 317,096 339,214 22,118 +7.0%
Total 5,368,875$ 5,920,129$ 6,885,248$ 965,119$ +16.3%
Fund 104 Arterial Street Fund
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
Fund 104 Arterial Street Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
$- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 104 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 20
Revenues 15,814$ 98,100$ 16.1%
Expenditures 71,959 73,000 98.6%
Net Revenues Less Expenditures (56,145)$ 25,100$
% of Year Complete
100.0%
Fund 109 Drug Seizure Fund
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 21
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Supplies 36,000$ 45,713$ (9,713)$ 127.0%
Services 37,000 26,246 10,754 70.9%
Total 73,000$ 71,959$ 1,041$ 98.6%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Intergovernmental 35,000$ 14,339$ (20,661)$ 41.0%
Other Income 60,000 1,475 (58,525) 2.5%
Investment Earnings 3,100 - (3,100) 0.0%
Total 98,100$ 15,814$ (82,286)$ 16.1%
% of Year Complete
100.0%
Fund 109 Drug Seizure Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$71
$72
$72
$72
$72
$72
$73
$73
$73
$73
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 109 Expenditures
$-
$20
$40
$60
$80
$100
$120
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 109 Revenues
City of Tukwila Monthly Finance Report 22
$ %
Supplies 11,423$ 12,112$ 45,713$ 33,601$ +277.4%
Services 177,070 49,339 26,246 (23,093) -46.8%
Total 188,493$ 61,451$ 71,959$ 10,508$ +17.1%
$ %
Grant Revenues 155,233 - - - -
Intergovernmental 79,010$ -$ 14,339$ 14,339$ -
Other Income - 157,393 1,475 (155,918) -99.1%
Investment Earnings - - - - -
Total 234,243$ 157,393$ 15,814$ (141,579)$ -90.0%
Fund 109 Drug Seizure Fund
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
Fund 109 Drug Seizure Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
- 50 100 150 200 250
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 109 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 23
Revenues 1,809,143$ 2,841,300$ 63.7%
Expenditures 1,318,421 2,431,000 54.2%
Transfers Out - 1,057,605 0.0%
Net Revenues Less Expenditures 490,722$ (647,305)$
% of Year Complete
100.0%
Fund 301 Land Acq., Rec. & Park Development
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 24
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Supplies 30,000$ 6,893$ 23,107$ 23.0%
Services 1,876,000 896,759 979,241 47.8%
Land, Structures, Machinery, Equipment 525,000 414,769 110,231 79%
Transfers Out to Other Funds 1,057,605 - 1,057,605 0%
Total 3,488,605$ 1,318,421$ 2,170,184$ 37.8%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Property Tax 207,800$ 266,623$ 58,823$ 128.3%
Real Estate Excise Tax (REET) 500,000 - (500,000) 0.0%
Grant Revenues 1,976,000 1,249,810 (726,190) 63.2%
Park Impact Fees 100,000 86,359 (13,641) 86.4%
Investment Earnings 57,500 193,350 135,850 336.3%
Total 2,841,300$ 1,796,142$ (1,045,158)$ 63.2%
% of Year Complete
100.0%
Fund 301 Land Acq., Rec. & Park Development
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
$4,000
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 301 Expenditures
$-
$500
$1,000
$1,500
$2,000
$2,500
$3,000
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 301 Revenues
City of Tukwila Monthly Finance Report 25
$ %
Supplies 102,868 38,146 6,893 (31,253) -81.9%
Services 242,667$ 1,262,306$ 896,759$ (365,547)$ -29.0%
Land, Structures, Machinery, Equipment - 16,982 414,769 397,787 +2342.4%
Total 345,535$ 1,317,434$ 1,318,421$ 987$ +0.1%
$ %
Property Tax 183,848$ 197,905$ 266,623$ 68,718$ +35%
Real Estate Excise Tax (REET) - - - - -
Grant Revenues - 82,919 1,249,810 1,166,891 +1407.3%
Park Impact Fees 983,847 969,266 86,359 (882,907) -91.1%
Investment Earnings 177,512 210,072 193,350 (16,722) -8%
Transfers In 115,931 31,000 - (31,000) -100%
Total 1,461,138$ 1,491,162$ 1,796,142$ 304,980$ +20.5%
Fund 301 Land Acq., Rec. & Park Development
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
Fund 301 Land Acq., Rec. & Park Development
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
$- $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 $2,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 301 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 26
Revenues 51,636$ 1,000$ 5163.6%
Transfers In 438,000 843,000 52.0%
Expenditures 417,310 538,000 77.6%
Net Revenues Less Expenditures 72,326$ 306,000$
% of Year Complete
100.0%
Fund 303 General Government Improvements
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 27
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Services 538,000$ 417,310 120,690$ 77.6%
Total 538,000$ 417,310 $ 120,690 77.6%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Investment Earnings 1,000$ 9,633$ 8,633$ 963.3%
Transfer In From General Fund 843,000 438,000 (405,000) 52%
Total 844,000$ 447,633$ $ (396,367)53.0%
% of Year Complete
100.0%
Fund 303 General Government Improvements
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$100
$200
$300
$400
$500
$600
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 303 Expenditures
$-
$100
$200
$300
$400
$500
$600
$700
$800
$900
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 303 Revenues
City of Tukwila Monthly Finance Report 28
$ %
Services 150,716$ 506,146$ 417,310$ (88,836)$ -17.6%
Total 150,716$ 506,146$ 417,310$ (88,836)$ -17.6%
$ %
Investment Earnings 23,042$ 22,126$ 9,633$ (12,493)$ -56%
Transfer In From General Fund - 100,000 438,000 338,000 +338%
Total 23,042$ 122,126$ 447,633$ 325,507$ +266.5%
Fund 303 General Government Improvements
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
Fund 303 General Government Improvements
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
$- $100 $200 $300 $400 $500 $600
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 303 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 29
Revenues 60,411$ 600,000$ 10.1%
Transfers Out - 600,000 0.0%
Net Revenues Less Expenditures 60,411$ -$
% of Year Complete
100.0%
Fund 304 Fire Improvements
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 30
Category 2025 Total Budget 2025 Transfers Out
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Transfers Out to Other Funds 600,000$ -$ 600,000$ 0%
Total 600,000$ -$ $ 600,000 0.0%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Fire Impact Fees 600,000$ 59,711$ (540,289)$ 10.0%
Investment Earnings - 700 700 -
Total 600,000$ 60,411$ $ (539,589)10.1%
% of Year Complete
100.0%
Fund 304 Fire Improvements
Transfers Out
Revenues and Transfers In by Category
$-
$100
$200
$300
$400
$500
$600
$700
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 304 Transfers Out
$-
$100
$200
$300
$400
$500
$600
$700
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 304 Revenues
City of Tukwila Monthly Finance Report 31
$ %
Transfers Out to Other Funds 699,274$ 791,835$ -$ (791,835)$ -100%
Total 699,274$ 791,835$ -$ (791,835)$ -100.0%
$ %
Fire Impact Fees 699,274$ 791,835$ 59,711$ (732,124)$ -92.5%
Total 699,274$ 791,835$ 59,711$ (732,124)$ -92.5%
Fund 304 Fire Improvements
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
Fund 304 Fire Improvements
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
$- $100 $200 $300 $400 $500 $600 $700 $800 $900
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 304 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 32
Revenues 574,388$ 15,000$ 3829.3%
Transfers In - 1,100,000 0.0%
Transfers Out 1,318,824 1,318,824 100.0%
Net Revenues Less Expenditures (744,436)$ (203,824)$
% of Year Complete
100.0%
Fund 305 Public Safety Plan
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 33
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Transfers Out to Other Funds 1,318,824$ 1,318,824$ -$ 100%
Total 1,318,824$ 1,318,824$ $ - 100.0%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Real Estate Excise Tax (REET) -$ 224,607$ 224,607$ -
Investment Earnings 15,000 49,781 34,781 331.9%
Transfers In 1,100,000 - (1,100,000) 0%
Total 1,115,000$ 574,388$ $ (540,612)51.5%
% of Year Complete
100.0%
Fund 305 Public Safety Plan
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$200
$400
$600
$800
$1,000
$1,200
$1,400
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 305 Expenditures
$-
$200
$400
$600
$800
$1,000
$1,200
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 305 Revenues
City of Tukwila Monthly Finance Report 34
$ %
Transfers Out to Other Funds 1,319,019$ 1,317,849$ 1,318,824$ 975 +0%
Total 1,317,319$ 1,317,849$ 1,318,824$ 975 +0.1%
$ %
Real Estate Excise Tax (REET) 630,798$ 556,511$ 224,607$ (331,904)$ -59.6%
Investment Earnings 50,212 62,915 49,781 (13,134) -21%
Total 1,680,284$ 1,711,261$ 574,388$ (1,136,873)$ -66.4%
Fund 305 Public Safety Plan
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
Fund 305 Public Safety Plan
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
$- $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 305 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 35
Revenues 31,889$ 846,937$ 3.8%
Transfers In 999,999 1,000,000 100.0%
Expenditures 62,300 1,000,000 6.2%
Net Revenues Less Expenditures 969,588$ 846,937$
% of Year Complete
100.0%
Fund 306 City Facilities
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 36
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Services 1,000,000$ 62,300$ 937,700$ 6.2%
Total 1,000,000$ 62,300$ $ 937,700 6.2%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Investment Earnings 5,000$ 31,889$ 26,889$ 637.8%
Rent & Concessions 841,937 - (841,937) 0.0%
Transfers In 1,000,000 999,999 (1) 100%
Total 1,846,937$ 1,031,888$ $ (815,049)55.9%
% of Year Complete
100.0%
Fund 306 City Facilities
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$200
$400
$600
$800
$1,000
$1,200
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 306 Expenditures
$-
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
$1,800
$2,000
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 306 Revenues
City of Tukwila Monthly Finance Report 37
$ %
Services 1,305,172$ 2,298,357$ 62,300$ (2,236,057)$ -97.3%
Land, Structures, Machinery, Equipment 1,464,205 808 - (808) -100.0%
Total 2,784,441$ 2,299,165$ 62,300$ (2,236,865)$ -97.3%
$ %
Grant Revenues - 246,870 - (246,870) -100.0%
Investment Earnings 26,709$ 15,764$ 31,889$ 16,125$ +102.3%
Transfers In 2,000,000 1,824,783 999,999 (824,784) -45%
Total 2,026,709$ 2,087,417$ 1,031,888$ (1,055,529)$ -50.6%
Fund 306 City Facilities
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
Fund 306 City Facilities
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
$- $500 $1,000 $1,500 $2,000 $2,500 $3,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 306 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 38
Revenues 9,447,795$ 11,341,356$ 83.3%
Expenditures 7,780,393 10,493,596 74.1%
Transfers Out 1,507,615 1,507,615 100.0%
Net Revenues Less Expenditures 159,787$ (659,855)$
% of Year Complete
100.0%
Fund 401 Water Utility Fund
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 39
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 957,112$ 895,738$ 61,374$ 94%
Benefits 538,827 362,891 175,936 67%
Supplies 3,105,196 3,057,516 47,680 98.5%
Services 5,677,288 2,209,701 3,467,587 38.9%
Land, Structures, Machinery, Equipment - 1,207,931 (1,207,931) -
Other Expenditures 215,173 46,615 168,558 21.7%
Transfers Out - Internal Cost Allocation 816,232 816,232 - 100%
Transfers Out - Debt Service 358,050 358,050 - 100%
Transfers Out to Other Funds 333,333 333,333 - 100%
Total 12,001,211$ 9,288,007$ $ 2,713,204 77.4%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Water Sales 9,239,856$ 9,312,257$ 72,401$ 100.8%
Security Revenue - (11,467) (11,467) -
Other Income 1,500 29,229 27,729 1948.6%
Investment Earnings 100,000 117,774 17,774 117.8%
Bond Proceeds 2,000,000 - (2,000,000) 0%
Total 11,341,356$ 9,447,793$ $ (1,893,563)83.3%
% of Year Complete
100.0%
Fund 401 Water Utility Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 401 Expenditures and Transfers Out
$-
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 401 Revenues
City of Tukwila Monthly Finance Report 40
$ %
Salaries, Wages, & Overtime 730,760$ 1,025,301$ 895,738$ (129,563)$ -12.6%
Benefits 246,709 290,698 362,891 72,193 +24.8%
Supplies 2,920,237 2,943,697 3,057,516 113,819 +3.9%
Services 2,038,140 1,931,595 2,209,701 278,106 +14.4%
Land, Structures, Machinery, Equipment (389,108) (137,497) 1,207,931 1,345,428 -978.5%
Other Expenditures 128,606 61,047 46,615 (14,432) -24%
Transfers Out - Internal Cost Allocation 740,347 777,364 816,232 38,868 +5%
Transfers Out - Debt Service 358,046 358,046 358,050 4 +0%
Transfers Out to Other Funds 354,758 340,000 333,333 (6,667) -2%
Total 7,128,495$ 7,590,251$ 9,288,007$ 1,697,756$ +22.4%
$ %
Water Sales 7,840,967$ 8,202,910$ 9,312,257$ 1,109,347$ +14%
Security Revenue 10,574 6,626 (11,467) (18,093) -273.1%
Other Income 42,902 4,430 29,229 24,799 +559.8%
Investment Earnings 213,790 171,729 117,774 (53,955) -31%
Total 8,108,233$ 8,385,695$ 9,447,793$ 1,062,098$ +12.7%
Fund 401 Water Utility Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
Fund 401 Water Utility Fund
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
$- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 401 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 41
Revenues 11,937,148$ 12,527,105$ 95.3%
Transfers In 947,111 947,112 100.0%
Expenditures 12,097,918 16,129,584 75.0%
Transfers Out 1,221,086 1,221,086 100.0%
Net Revenues Less Expenditures (434,745)$ (3,876,453)$
% of Year Complete
100.0%
Fund 402 Sewer Utility Fund
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 42
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 666,584$ 739,266$ (72,682)$ 111%
Benefits 482,884 309,377 173,507 64%
Supplies 6,214,355 5,676,628 537,727 91.3%
Services 8,611,358 2,469,068 6,142,290 28.7%
Land, Structures, Machinery, Equipment - 2,750,678 (2,750,678) -
Other Expenditures 154,403 152,901 1,502 99%
Transfers Out - Internal Cost Allocation 687,666 687,666 - 100%
Transfers Out - Debt Service 200,087 200,087 - 100%
Transfers Out to Other Funds 333,333 333,333 - 100%
Total 17,350,670$ 13,319,004$ $ 4,031,666 76.8%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Sewer Sales 12,127,105$ 11,472,141$ (654,964)$ 94.6%
Other Income - 87,894 87,894 -
Investment Earnings 400,000 377,113 (22,887) 94.3%
Transfers In - General Fund 947,112 947,111 (1) 100.0%
Total 13,474,217$ 12,884,259$ $ (589,958)95.6%
% of Year Complete
100.0%
Fund 402 Sewer Utility Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
$18,000
$20,000
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 402 Expenditures and Transfers Out
$12,500
$12,600
$12,700
$12,800
$12,900
$13,000
$13,100
$13,200
$13,300
$13,400
$13,500
$13,600
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 402 Revenues
City of Tukwila Monthly Finance Report 43
$ %
Salaries, Wages, & Overtime 1,049,477$ 1,335,753$ 739,266$ (596,487)$ -44.7%
Benefits 278,740 221,751 309,377 87,626 +39.5%
Supplies 4,482,242 5,284,582 5,676,628 392,046 +7.4%
Services 2,159,731 2,173,412 2,469,068 295,656 +13.6%
Land, Structures, Machinery, Equipment (275,813) (105,119) 2,750,678 2,855,797 -2716.7%
Other Expenditures 349,790 175,877 152,901 (22,976) -13%
Transfers Out - Internal Cost Allocation 623,733 654,920 687,666 32,746 +5%
Transfers Out - Debt Service 200,084 200,084 200,087 3 +0%
Transfers Out to Other Funds 215,865 195,000 333,333 138,333 +71%
Total 9,083,849$ 10,136,260$ 13,319,004$ 3,182,744$ +31.4%
$ %
Sewer Sales 10,049,854$ 10,543,595$ 11,472,141$ 928,546$ +9%
Other Income 77,321 36,846 87,894 51,048 +138.5%
Investment Earnings 561,344 542,058 377,113 (164,945) -30.4%
Total 10,688,519$ 11,122,499$ 11,937,148$ 814,649$ +7.3%
Fund 402 Sewer Utility Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
Fund 402 Sewer Utility Fund
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
$- $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 402 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 44
Revenues 2,762,112$ 2,487,500$ 111.0%
Transfers In 300,000 300,000 100.0%
Expenditures 2,309,505 2,719,666 84.9%
Transfers Out 241,788 241,788 100.0%
Net Revenues Less Expenditures 510,819$ (173,954)$
% of Year Complete
100.0%
Fund 411 Foster Golf Course
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 45
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 1,077,911$ 1,052,402$ 25,509$ 98%
Benefits 395,385 394,311 1,074 100%
Supplies 362,145 397,720 (35,575) 109.8%
Services 360,225 411,119 (50,894) 114.1%
Land, Structures, Machinery, Equipment 524,000 53,954 470,046 10%
Transfers Out - Internal Cost Allocation 241,788 241,788 - 100%
Total 2,961,454$ 2,551,294$ $ 410,160 86.2%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Gambling & Excise Taxes 3,000$ -$ (3,000)$ 0.0%
Greens Fees 1,610,000 1,832,001 222,001 113.8%
General Government Revenue 165,000 190,483 25,483 115.4%
Culture and Recreation Fees 5,000 5,031 31 100.6%
Other Income 11,000 29,003 18,003 263.7%
Investment Earnings 60,000 73,955 13,955 123.3%
Rent & Concessions 633,500 631,640 (1,860) 99.7%
Transfer In From General Fund 300,000 300,000 - 100%
Total 2,787,500$ 3,062,113$ $ 274,613 109.9%
% of Year Complete
100.0%
Fund 411 Foster Golf Course
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$2,300
$2,400
$2,500
$2,600
$2,700
$2,800
$2,900
$3,000
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 411 Expenditures and Transfers Out
$2,650
$2,700
$2,750
$2,800
$2,850
$2,900
$2,950
$3,000
$3,050
$3,100
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 411 Revenues and Transfers In
City of Tukwila Monthly Finance Report 46
$ %
Salaries, Wages, & Overtime 802,511$ 1,109,387$ 1,052,402$ (56,985)$ -5.1%
Benefits 268,088 290,603 394,311 103,708 +35.7%
Supplies 418,632 269,945 397,720 127,775 +47.3%
Services 508,405 526,916 411,119 (115,797) -22.0%
Land, Structures, Machinery, Equipment - (121,385) 53,954 175,339 -144.4%
Transfers Out - Internal Cost Allocation 219,309 230,274 241,788 11,514 +5%
Total 2,216,945$ 2,318,643$ 2,551,294$ 232,651$ +10.0%
$ %
Greens Fees 1,811,496$ 1,756,629$ 1,832,001$ 75,372$ +4.3%
General Government Revenue 173,199 152,094 190,483 38,389 +25.2%
Culture and Recreation Fees 2,130 5,582 5,031 (551) -9.9%
Other Income 50,908 20,572 29,003 8,431 +41%
Investment Earnings 72,111 82,906 73,955 (8,951) -11%
Rent & Concessions 484,356 450,168 631,640 181,472 +40%
Sale of Capital Assets 22,446 4,000 - (4,000) -100%
Transfer In From General Fund 300,000 300,000 300,000 - 0%
Total 2,920,773$ 2,771,951$ 3,062,113$ 290,162$ +10.5%
Fund 411 Foster Golf Course
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
Fund 411 Foster Golf Course
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
$- $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 411 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 47
Revenues 11,218,450$ 14,742,267$ 76.1%
Expenditures 7,484,861 15,103,982 49.6%
Transfers Out 1,555,760 1,555,760 100.0%
Net Revenues Less Expenditures 2,177,829$ (1,917,475)$
% of Year Complete
100.0%
Fund 412 Surface Water Utility Fund
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 48
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 2,028,653$ 1,732,962$ 295,691$ 85%
Benefits 1,023,526 645,578 377,948 63%
Supplies 72,665 63,820 8,845 87.8%
Services 11,957,541 4,164,707 7,792,834 34.8%
Land, Structures, Machinery, Equipment - 856,280 (856,280) -
Other Expenditures 21,597 21,515 82 100%
Transfers Out - Internal Cost Allocation 727,476 727,476 - 100%
Transfers Out - Debt Service 494,951 494,951 - 100%
Transfers Out to Other Funds 333,333 333,333 - 100%
Total 16,659,742$ 9,040,622$ $ 7,619,120 54.3%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Surface Water Sales 8,477,267$ 8,570,997$ 93,730$ 101.1%
Permits - (17) (17) -
Grant Revenues 3,322,000 1,445,748 (1,876,252) 43.5%
Other Income 2,643,000 729,280 (1,913,720) 27.6%
Investment Earnings 300,000 472,441 172,441 157.5%
Total 14,742,267$ 11,218,449$ $ (3,523,818)76.1%
% of Year Complete
100.0%
Fund 412 Surface Water Utility Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
$18,000
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 412 Expenditures and Transfers Out
$-
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 412 Revenues
City of Tukwila Monthly Finance Report 49
$ %
Salaries, Wages, & Overtime 1,194,238$ 1,834,798$ 1,732,962$ (101,836)$ -5.6%
Benefits 421,695 448,811 645,578 196,767 +43.8%
Supplies 49,835 82,706 63,820 (18,886) -22.8%
Services 1,936,016 2,241,500 4,164,707 1,923,207 +85.8%
Land, Structures, Machinery, Equipment (467,611) (699,327) 856,280 1,555,607 -222.4%
Other Expenditures 283,074 40,854 21,515 (19,339) -47%
Transfers Out - Internal Cost Allocation 659,842 692,834 727,476 34,642 +5%
Transfers Out - Debt Service 494,945 494,945 494,951 6 +0%
Transfers Out to Other Funds 476,667 477,000 333,333 (143,667) -30%
Total 5,048,701$ 5,614,121$ 9,040,622$ 3,426,501$ +61.0%
$ %
Surface Water Sales 7,755,433$ 8,090,765$ 8,570,997$ 480,232$ +6%
Permits - - (17) (17) -
Grant Revenues 466,964 648,905 1,445,748 796,843 +122.8%
Other Income 156,274 1,613,734 729,280 (884,454) -54.8%
Investment Earnings 384,476 551,102 472,441 (78,661) -14%
Total 8,763,147$ 10,904,506$ 11,218,449$ 313,943$ +2.9%
Fund 412 Surface Water Utility Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
Fund 412 Surface Water Utility Fund
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
$- $2,000 $4,000 $6,000 $8,000 $10,000 $12,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 412 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 50
Revenues 6,446,291$ 6,223,147$ 103.6%
Expenditures 5,314,745 5,749,503 92.4%
Transfers Out 386,308 386,308 100.0%
Net Revenues Less Expenditures 745,238$ 87,336$
% of Year Complete
100.0%
Fund 501 Equipment Rental
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 51
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 519,798$ 512,022$ 7,776$ 99%
Benefits 237,888 223,437 14,451 94%
Supplies 790,900 848,894 (57,994) 107.3%
Services 1,903,717 1,767,022 136,695 92.8%
Land, Structures, Machinery, Equipment 2,297,200 1,976,078 321,122 86%
Transfers Out - Internal Cost Allocation 386,308 386,308 - 100%
Total 6,135,811$ 5,713,761$ $ 422,050 93.1%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Fleet Replacement Charges 2,294,324$ 2,294,323$ (1)$ 100.0%
Fleet Lease Charges 3,526,723 3,526,722 (1) 100.0%
Fleet Repair Charges 200,000 223,027 23,027 111.5%
Other Income 2,100 3,841 1,741 182.9%
Investment Earnings 40,000 76,485 36,485 191.2%
Sale of Capital Assets 160,000 321,893 161,893 201.2%
Total 6,223,147$ 6,446,291$ $ 223,144 103.6%
% of Year Complete
100.0%
Fund 501 Equipment Rental
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$5,500
$5,600
$5,700
$5,800
$5,900
$6,000
$6,100
$6,200
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 501 Expenditures and Transfers Out
$6,100
$6,150
$6,200
$6,250
$6,300
$6,350
$6,400
$6,450
$6,500
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 501 Revenues
City of Tukwila Monthly Finance Report 52
$ %
Salaries, Wages, & Overtime 343,648$ 486,347$ 512,022$ 25,675$ +5.3%
Benefits 144,476 153,190 223,437 70,247 +45.9%
Supplies 703,788 746,743 848,894 102,151 +13.7%
Services 494,345 690,406 1,767,022 1,076,616 +155.9%
Land, Structures, Machinery, Equipment - (1,546) 1,976,078 1,977,624 -127918.8%
Transfers Out - Internal Cost Allocation 350,392 367,912 386,308 18,396 +5%
Total 2,141,465$ 2,646,029$ 5,701,055$ 3,055,026$ +115.5%
$ %
Fleet Replacement Charges 1,050,522$ 1,240,748$ 2,294,323$ 1,053,575$ +85%
Fleet Lease Charges 1,005,719 - 3,526,722 3,526,722 -
Fleet Repair Charges 65,474 250,521 223,027 (27,494) -11.0%
Other Income 85 1,709 3,841 2,132 +124.8%
Investment Earnings 205,692 156,585 76,485 (80,100) -51%
Sale of Capital Assets (2,666,543) 187,692 321,893 134,201 +72%
Total (339,051)$ 1,837,255$ 6,446,291$ 4,609,036$ +250.9%
Fund 501 Equipment Rental
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
Fund 501 Equipment Rental
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
$(1,000) $- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 501 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 53
Revenues 7,082,838$ 8,302,594$ 85.3%
Expenditures 6,167,004 6,599,439 93.4%
Transfers Out 209,077 209,077 100.0%
Net Revenues Less Expenditures 706,757$ 1,494,078$
% of Year Complete
100.0%
Fund 502 Insurance - Active Employees
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 54
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Self Insurance Medical Claims 4,108,327$ 3,915,462$ 192,865$ 95%
Dental Claims 413,306 443,933 (30,627) 107%
Prescription Claims 1,158,759 1,362,009 (203,250) 117.5%
Vision Claims 21,641 18,354 3,287 84.8%
Stop Loss Reimbursements - (350,809) 350,809 -
TPA Admin Fees 155,034 158,249 (3,215) 102%
Excess Loss Prem 621,372 573,430 47,942 92%
Contracted Services 100,000 35,369 64,631 35%
Employee Wellness Services 18,000 10,301 7,699 57%
Transfers Out - Internal Cost Allocation 209,077 209,077 - 100%
Total 6,805,516$ 6,375,375$ $ 430,141 93.7%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Employer Trust Contributions 7,943,114$ 6,452,001$ (1,491,113)$ 81.2%
Employee Voluntary Contributions - 70,477 70,477 -
Employee Mandatory Contributions 311,980 334,806 22,826 107.3%
Employee Benefit Program Services - 86 86 -
Investment Earnings 47,500 225,470 177,970 474.7%
Total 8,302,594$ 7,082,840$ $ (1,219,754)85.3%
% of Year Complete
100.0%
Fund 502 Insurance - Active Employees
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$6,100
$6,200
$6,300
$6,400
$6,500
$6,600
$6,700
$6,800
$6,900
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 502 Expenditures and Transfers Out
$6,400
$6,600
$6,800
$7,000
$7,200
$7,400
$7,600
$7,800
$8,000
$8,200
$8,400
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 502 Revenues
City of Tukwila Monthly Finance Report 55
$ %
Self Insurance Medical Claims 3,739,646$ 4,182,516$ 3,915,462$ (267,054)$ -6.4%
Dental Claims 399,538 376,197 443,933 67,736 +18.0%
Prescription Claims 941,165 1,039,301 1,362,009 322,708 +31.1%
Vision Claims 17,033 16,620 18,354 1,734 +10.4%
Stop Loss Reimbursements (305,685) (423,051) (350,809) 72,242 -17.1%
TPA Admin Fees 139,282 141,496 158,249 16,753 +11.8%
Excess Loss Prem 288,743 400,104 573,430 173,326 +43.3%
Employee Wellness Supplies 1,121 622 704 82 +13%
Contracted Services 56,651 56,379 35,369 (21,010) -37%
Employee Wellness Services 8,665 3,395 10,301 6,906 +203%
Transfers Out - Internal Cost Allocation 189,639 199,121 209,077 9,956 +5%
Total 5,475,798$ 5,992,700$ 6,376,079$ 383,379$ +6.4%
$ %
Employer Trust Contributions 5,604,142$ 6,159,160$ 6,452,001$ 292,841$ +5%
Employee Voluntary Contributions 64,602 39,248 70,477 31,229 +79.6%
Employee Mandatory Contributions 84,518 173,203 334,806 161,603 +93.3%
Employee Benefit Program Services - - 86 86 -
Investment Earnings 203,911 222,487 225,470 2,983 +1%
Total 5,957,173$ 6,594,098$ 7,082,840$ 488,742$ +7.4%
Fund 502 Insurance - Active Employees
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
Fund 502 Insurance - Active Employees
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
$- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 502 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 56
Revenues 412,093$ 546,347$ 75.4%
Transfers In 500,000 - -
Expenditures 509,168 588,766 86.5%
Transfers Out 13,938 13,938 100.0%
Net Revenues Less Expenditures 388,987$ (56,357)$
% of Year Complete
100.0%
Fund 503 Insurance - LEOFF I Retirees
Overview
2025 through
December 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 57
Category 2025 Total Budget 2025 Expenses
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Self Insurance Medical Claims 150,000$ 66,658$ 83,342$ 44%
Dental Claims 32,931 39,596 (6,665) 120%
Prescription Claims 169,644 234,468 (64,824) 138.2%
Vision Claims 4,419 3,888 531 88.0%
TPA Admin Fees 12,612 14,626 (2,014) 116%
Excess Loss Premium 24,160 23,735 425 98%
Long Term Care 115,000 86,830 28,170 76%
Out of Pocket 75,000 4,308 70,692 6%
Medicare Plan B - 35,059 (35,059) -
Contracted Services 5,000 - 5,000 0%
Transfers Out - Internal Cost Allocation 13,938 13,938 - 100%
Total 602,704$ 523,106$ $ 79,598 86.8%
% of Year Complete
100.0%
Category 2025 Total Budget 2025 Revenues
through December
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Employer Trust Contributions 545,833$ 409,873$ (135,960)$ 75.1%
Investment Earnings 514 2,221 1,707 432.1%
Transfer In From General Fund - 500,000 500,000 -
Total 546,347$ 912,094$ $ 365,747 166.9%
% of Year Complete
100.0%
Fund 503 Insurance - LEOFF I Retirees
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$480
$500
$520
$540
$560
$580
$600
$620
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 503 Expenditures and Transfers Out
$-
$100
$200
$300
$400
$500
$600
$700
$800
$900
$1,000
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 503 Revenues
City of Tukwila Monthly Finance Report 58
$ %
Self Insurance Medical Claims 76,645$ 57,603$ 66,658$ 9,055$ +15.7%
Dental Claims 32,448 29,722 39,596 9,874 +33.2%
Prescription Claims 154,670 156,312 234,468 78,156 +50.0%
Vision Claims 3,189 20,502 3,888 (16,614) -81.0%
TPA Admin Fees 15,913 14,497 14,626 129 +0.9%
Excess Loss Premium 49,133 16,045 23,735 7,690 +47.9%
Long Term Care 75,433 88,080 86,830 (1,250) -1.4%
Out of Pocket 2,487 8,912 4,308 (4,604) -52%
Medicare Plan B 57,872 49,100 35,059 (14,041) -29%
Contracted Services - 2,000 - (2,000) -100%
Transfers Out - Internal Cost Allocation 12,642 13,274 13,938 664 +5%
Total 480,432$ 456,047$ 523,106$ 67,059$ +14.7%
$ %
Employer Trust Contributions 369,650$ 323,057$ 409,873$ 86,816$ +27%
Investment Earnings 7,198 3,759 2,221 (1,538) -40.9%
Transfer In From General Fund - - 500,000 500,000 -
Total 376,848$ 326,816$ 912,094$ 585,278$ +179.1%
Fund 503 Insurance - LEOFF I Retirees
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through December
2024 Expenses
through December
2025 Expenses
through December
2025 vs 2024
Fund 503 Insurance - LEOFF I Retirees
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through December
2024 Revenues
through December
2025 Revenues
through December
2025 vs 2024
$- $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 503 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 59
Fund Name
2025 Beginning
Fund Balance
2025 Actual &
Estimated
Revenues
Total Actual &
Estimated
Expenditures/
Expenses
2025
Projected
Ending Fund
Balance
General Fund*24,722,225$ 78,306,936 76,205,371$ 26,823,790$
Special Revenue Funds
Hotel Motel Tax 3,728,106 906,140 489,931 4,144,315
Arterial Streets 7,326,170 6,885,248 4,459,299 9,752,119
Drug Seizure Fund 436,912 15,814 73,000 379,726
Capital Project Funds
Residential streets 1,770,619 304,190 118,568 1,956,241
Land Acq, Rec, & Parks Imps 4,359,134 1,796,142 1,318,421 4,836,855
General Gov't Imps 41,694 447,633 417,310 72,017
Fire Improvement - 60,411 60,411 -
Public Safety 1,617,834 574,388 1,318,824 873,398
City Facilities 989,887 1,031,888 62,300 1,959,475
Enterprise Funds
Water Fund**4,548,131 9,447,793 9,288,007 4,707,917
Sewer Fund**13,900,117 12,884,259 13,319,004 13,465,372
Golf Course**1,695,891 3,062,113 2,551,294 2,206,710
SSWM Fund**13,081,527 11,218,449 9,040,622 15,259,354
Internal Service Funds
Equipment Rental**1,931,334 6,446,291 5,713,761 2,663,864
Insurance - Active 3,454,472 7,082,840 6,375,375 4,161,937
LEOFF 1 Retirees (58,262) 912,094 523,106 330,726
Total All Funds 83,545,791$ 141,382,629$ 131,334,604$ 93,593,816$
*Includes Contingency Fund 105
**Excludes net position restricted for net investment in capital assets and pension.
2025 Estimated Fund Balances
All Funds except Debt Service Funds
(d)
Depository Investment
Type
Maturity
Date Balance Current
Rate
Annualized
Return
CASH & CASH EQUIVALENTS
US Bank Operating Cash Depository (b)3,924,810 0.54%21,194 (e)
Washington State Treasurer LGIP Investment Pool (b)71,600,348 3.88%2,776,017 (f)
Columbia (Umpqua) Bank Money Market (b)17,854,932 4.20%749,907 (f)
Total Cash & Cash Equivalents 93,380,090 3.80%3,547,118 (g)
(a)(c)
Agency / Issuer Rating Investment
Type
Purchase
Date
Maturity
Date
Term
Yrs.Face Value Yield to
Maturity
Annualized
Return
INVESTMENTS
Agencies
Federal Home Loan Bank Aaa US agency 02/2021 02/2026 0.1 1,000,000 0.63%6,250
Federal Farm Credit Bank Aaa US agency 06/2021 06/2026 0.4 1,000,000 0.90%9,000
Federal Home Loan Bank Aaa US agency 11/2021 11/2026 0.8 2,000,000 1.46%29,200
Federal Home Loan Bank Aaa US agency 05/2022 05/2026 0.3 1,000,000 3.38%33,750
Federal Home Loan Bank Aaa US agency 06/2022 06/2027 1.4 1,000,000 3.59%35,900
TOTAL AGENCIES 6,000,000 1.90%114,100
Taxable Municipal Bonds
Metro Oregon GO Taxable AAA LTGO 06/2021 06/2026 0.4 1,000,000 0.83%32,500
King County WA GO Taxable 03/2022 12/2026 0.9 1,000,000 2.33%14,000
Bellevue WA GO Taxable 04/2022 12/2026 0.9 1,000,000 3.12%14,370
TOTAL MUNICIPAL BONDS 3,000,000 2.03%60,870
Total Investments 9,000,000 1.94%174,970
TOTAL PROJECTED CASH, CASH EQUIVALENTS & INVESTMENTS 102,380,090$ 3.64%3,722,088$
Current Portfolio Yield
(a) Term is calculated to final maturity or call date if bond has been called.
(b) No fixed maturity, funds are available within one day.
(c) Yield to Maturity represents average rate for the year for various investment vehicles.
(d) Annualized return represents annual earnings at current rate.
(e) Represents earning credit from US Bank. City earned interest up to the amount of fees.
(f) Current rate reflects most recent interest rate for each depository account.
(g) Represents annual earnings, assuming no changes in the Market. Actual earnings
to date are $2,851,269
CITY OF TUKWILA
CASH & INVESTMENT REPORT
December 31, 2025
Cash and Investment Details
Cash, 4%
LGIP, 70%
Money
Market, 17%
Agencies,
6%
Municipal
Bonds, 3%
Current Portfolio Allocation
Cash & Investments
Portfolio
Amount
Available
Within 1 Year
Available
Within 5 Years
Funds immediately available - US Bank, State
LGIP, Money market 93,380,090$ 93,380,090$ 93,380,090$
Fixed Maturity Investments, maturing in:
0-90 days after Report Date 2,000,000
91-180 days after Report Date 3,000,000
181-270 days after Report Date 2,000,000
271-360 days after Report Date 2,000,000
Total Investments maturing in 1 year or less 9,000,000 9,000,000 9,000,000
Investments maturing in more than 1 year and
less than 10 years.3,000,000 3,000,000
Total Cash & Investments 105,380,090$ 102,380,090$ 105,380,090$
97%100%
Portfolio POLICY Policy
Financial Institution Diversification Amount % of Total MAXIMUM Met?
US Bank 3,924,810$ 3.8%insured by PDPC Yes
Columbia (Umpquah) Bank 17,854,932 17.4%20%Yes
State LGIP 71,600,348 69.9%100.0%Yes
Investments in US Government and other non-
financial institutions 9,000,000 8.8%varies see below Yes
Total 102,380,090$ 100.0%
Portfolio POLICY Policy
Investment Mix Amount % of Total MAXIMUM Met?
Depository (USBank)3,924,810 3.8%insured by PDPC Yes
State Investment Pool 71,600,348 69.9%100%Yes
Umpquah 17,854,932 17.4%insured by PDPC Yes
US Agency 6,000,000 5.9%100%Yes
Municipal Bonds 3,000,000 2.9%30%Yes
Total 102,380,090 100.0%
Weighted Average Maturities:Years Performance Analysis
Funds Immediately Available 0.0 Current portfolio yield 3.636%
Government Agency bonds 0.7
Municipal bonds 0.8 Benchmarks:
Total WAM 0.1 2 year treasury 3.483%
3 year treasury 3.546%
POLICY MAXIMUM 2.0 5 year treasury 3.732%
Policy Met?Yes
Note: Funds immediately available are not factored into the Portfolio
Investments weighted average maturity.
CITY OF TUKWILA
Policy Compliance & Liquidity Analysis
CASH & INVESTMENT REPORT
December 31, 2025
As of Report Date