The URL can be used to link to this page

Home My WebLink AboutFIN 2026-03-09 Item 1D - Report - January 2026 Monthly Financial ReportCity of Tukwila Thomas McLeod, Mayor Marty Wine, City Administrator AGENDA BILL ITEM NO. 1D. Agenda Item January 2026 Monthly Financial Report Sponsor Tony Cullerton, Deputy Finance Director Finance Department Legislative History Recommended Motion March 9, 2026 ❑x Discussion Only Finance & Governance Committee ❑ Action Requested EXECUTIVE SUMMARY The Finance & Governance Committee is being provided with the January 2026 Financial Report for review and discussion. DISCUSSION The Finance Department prepares monthly financial reports to provide the Finance & Governance Committee with timely information regarding the City's financial position, budget performance, and identified trends. The January monthly report reflects financial activity through January 31, 2026, representing 8.3% of the fiscal year complete. The report includes General Fund revenue and expenditure results, performance for major operating and capital funds, and comparisons of budget -to -actual figures. Monthly financial reporting supports transparency, informed decision -making, and ongoing monitoring of recurring and one-time revenues relative to the City's ongoing operations. General Fund Overview Through January 2026, General Fund revenues and transfers -in total approximately $6.0 million, or 7.7% of the annual budget. Expenditures and transfers -out total approximately $8.4 million, or 10.8% of the annual budget. The year-to-date net position reflects expenditures exceeding revenues early in the year, which is typical due to timing differences in revenue collection and expenditure patterns. Because January represents only the first month of the fiscal year, many revenue categories will fluctuate throughout the year based on economic activity, billing cycles, intergovernmental reimbursements, and accrual timing. Revenue Highlights Major General Fund revenue categories performing above the percentage of year complete include: • Business & Occupation Tax (18.3% of budget) • Intergovernmental Revenue (17.7% of budget) • Gambling Tax (14.3% of budget) • Utility Taxes (9.3% of budget) 33 Some revenue categories such as Building Permits, Charges for Services, and Intergovernmental revenues experience timing variations due to project activity and reimbursement cycles. Expenditure Highlights General Fund expenditures and transfers -out total approximately $8.39 million, or 10.8% of the annual budget. By category: • Salaries, Wages & Overtime are at 7.8% of budget. • Benefits are at 7.2% of budget. • Services are at 18.0% of budget, reflecting contract timing and seasonal service expenditures. Most departmental spending is within expected budget range for the first month of the year. Variances early in the year are commonly driven by contracted payments, annual service agreements, and internal allocations. Significant Revenue Variances (>_5% and >_$50,000) The following General Fund revenue categories reflect year-to-date variances of 5% and greater than $50,000 when compared to budget expectations for January: Intergovernmental Revenue — $995,023 year-to-date (17.7% of budget) • Timing of grant reimbursements and external funding receipts contributed to higher -than - linear performance relative to the 8.3% year complete benchmark. Gambling Taxes — $634,893 year-to-date (14.3% of budget) • Activity levels are trending above a straight-line projection for the first month of the year. Business & Occupation Tax — $443,016 year-to-date (18.3% of budget) • Receipts reflect normal quarterly filing patterns and timing of payments. January represents 8.3% of the fiscal year completed. Revenue performance at this stage primarily reflects timing rather than structural or operational trends. Finance will continue monitoring for sustained variance patterns. Significant Expenditure Variances (>_5% and >_$50,000) The following General Fund expenditure categories reflect year-to-date variances of 5% and greater than $50,000 compared to budget expectations: By Category • Services — $4,180,712 year-to-date (18.0% of budget). Spending exceeds a straight-line projection due to contract timing, annual service agreements, and early -year payments. 34 https://tukwilawa.sharepoint.com/sites/CC2/CC Docs/2026 COUNCIL MTGS/2026 Agenda Packets/2026-03-09 FIN Packet/Committee Items/Agenda BiII_Jan Fin Reportdocx By Department • Finance Department — $1,219,276 year-to-date (26.1% of budget). Early -year expenditures reflect timing of professional services, system costs, and internal allocations. • Public Works Department — $738,843 year-to-date (13.9% of budget). Variances are primarily related to contract and seasonal service timing. • Police Department — $3,096,049 year-to-date (10.5% of budget). Slightly above the percentage of year complete, largely due to personnel and service cost timing. Similar to revenues, early -year expenditure variances are primarily attributable to timing differences, contract schedules, and internal cost allocations. Finance will continue monitoring expenditures to ensure alignment with the adopted budget as the year progresses. Other Funds & Year -End Trends Major operating and capital funds reflect typical early -year timing patterns: • Water Utility (Fund 401) revenues total approximately $674,000 (6.6% of budget), with expenditures at 8.6% of budget. • Sewer Utility (Fund 402) revenues total approximately $968,000 (7.4% of budget), with expenditures at 5.5% of budget. • Surface Water, Golf, and Capital Funds reflect project and billing cycle timing that will normalize over the course of the fiscal year. Early -year variances in capital and special revenue funds are generally tied to project timing, grant reimbursements, and seasonal revenue patterns. Conclusion Overall, January financial results are consistent with the percentage of year complete. Variances identified at this stage are primarily attributable to timing differences. Finance will continue to monitor revenue trends, expenditure management, and economic indicators to identify any major issues as the fiscal year progresses. ATTACHMENTS • January 2026 Monthly Financial Report https://tukwilawa.sharepoint.com/sites/CC2/CC Docs/2026 COUNCIL MTGS/2026 Agenda Packets/2026-03-09 FIN Packet/Committee Items/Agenda Bill_Jan Fin Reportdocx 35 City of Tukwila Financial Report January 2026 Revenues Transfers In Expenditures Transfers Out 5,659,129 $ 382,093 8,016,083 373,699 26 'rot 73,251,214 5,316,382 73,514,061 4,484,347 7.7% 7.2% 10.9% 8.3% Net Revenues Less Expenditures (2,348,560) $ 569,188 General Fund figures include General Fund and Contingency Fund, a Sub -Fund of the General Fund 0 5 $70 $60 $50 $40 $30 $20 $10 $- Revenues General Fund Overview Transfers In • Year to Date a Budget Expenditures % of Year Complete 8.3% Transfers Out City of Tukwila Monthly Finance Report 1 37 Category 2026 Total 2026 Revenues Budget through January Taxes: Property Tax $ 12,215,213 $ Sales & Use Tax 24,333,095 Other Sales Taxes 1,205,820 Gambling Taxes 4,449,500 Business & Occupation Taxes 2,424,000 Utility Taxes 4,702,390 Interfund Utility Taxes 3,364,735 Admission Taxes 885,012 Leasehold Excise Tax 275,000 Business Licenses 3,479,655 Building Permits & Rental Housing Permits 2,061,800 Intergovernmental 5,607,020 Charges for Services 2,436,020 Miscellaneous Revenue 1,611,954 Transfers In - Indirect Cost Allocation 3,267,278 Transfers In From Other Funds 2,049,104 Sale of Capital Assets 4,200,000 65,569 $ 1,931,569 91,011 634,893 443,016 435,923 158,520 87,628 183 245,985 215,509 995,023 188,650 165,650 272,275 109,818 (12,149,644) (22,401,526) (1,114,809) (3,814,607) (1,980,984) (4,266,467) (3,206,215) (797,384) (274,817) (3,233,670) (1,846,291) (4,611,997) (2,247,370) (1,446,304) (2,995,003) (1,939,286) (4,200,000) 0.5% 7.9% 7.5% 14.3% 18.3% 9.3% 4.7% 9.9% 0.1 % 7.1 10.5% 17.7% 7.7% 10.3% 8.3% 5.4% 0.0% Total $ 78,567,596 $ 6,041,222 $ (72,526,374) 7.7% Percent of Year Complete: 8.3% 38 City of Tukwila Monthly Finance Report 2 General Fund Major Revenues Property Tax Sales & Use Tax Gambling Taxes Business & Occupation Taxes Utility Taxes Interfund Utility Taxes Business Licenses Building Permits & Rental Housing Permits Intergovernmental Charges for Services Miscellaneous Revenue Transfers In - Indirect Cost Allocation Transfers In From Other Funds Sale of Capital Assets $- $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 $26 Millions ■ Revenues and Transfers In YTD ■ Total Budget City of Tukwila Monthly Finance Report 3 39 2024 Revenues �rough January 2026 Revenues Through January through January 2025 Revenues 2 Taxes: Property Tax Sales & Use Tax Other Sales Taxes Gambling Taxes Business & Occupation Taxes Utility Taxes Interfund Utility Taxes Admission Taxes Leasehold Excise Tax Business Licenses Building Permits & Rental Housing Permits Intergovernmental Charges for Services Miscellaneous Revenue Transfers In - Indirect Cost Allocation Transfers In From Other Funds Sale of Capital Assets 74,261 $ 1,741,879 93,584 578,046 1,656 330,409 134,693 57,662 330,390 157,495 1,732,815 127,153 177,366 246,968 8,014 $ 1,727,583 92,383 4,487 430,769 455,784 164,823 115,314 281,341 390,259 2,470,989 323,845 196,183 259,306 65,569 $ 57,555 +718.2% 1,931,569 203,986 +11.8% 91,011 (1,372) -1.5% 634,893 630,406 +14049.6% 443,016 12,247 +2.8% 435,923 (19,861) -4.4% 158,520 (6,303) -3.8% 87,628 (27,686) -24.0% 183 183 245,985 (35,356) -12.6% 215,509 (174,750) -44.8% 995,023 (1,475,966) -59.7% 188,650 (135,195) -41.7% 165,650 (30,533) -15.6% 272,275 12,969 +5.0% 109,818 109,818 - Total $ 5,784,377 $ 6,921,080 $ 6,041,222 $ (879,858) -12.7% 40 City of Tukwila Monthly Finance Report 4 General Fund Major Revenues Prior Year Comparisons YTD Property Tax Sales & Use Tax Gambling Taxes 1 � Business & Occupation Taxes Utility Taxes Interfund Utility Taxes Business Licenses Building Permits & Rental Housing Permits Intergovernmental Charges for Services Miscellaneous Revenue Transfers In - Indirect Cost Allocation Transfers In From Other Funds Sale of Capital Assets $- $1 $2 $3 Millions 2024 2025 ■ 2026 City of Tukwila Monthly Finance Report 541 2026 Expenses through January City Council Mayor's Office Finance Department Community Development (DCD) Municipal Court Police Department Fire Department Recreation Department Park Maintenance Dept Public Works Dept Street Maintenance Dept Non -Departmental Expenses Transfers Out - Debt Service Transfers Out to Other Funds $ 456,810 $ 10,137,137 4,666,108 5,854,564 2,504,217 29,515,597 1,309,887 4,367,833 2,518,366 5,334,529 4,841,967 2,007,046 3,784,347 700,000 35,593 884,230 1,219,276 418,433 210,547 3,096,049 263,034 268,969 239,220 738,843 409,672 232,218 315,362 58,337 421,217 9,252,907 3,446,832 5,436,131 2,293,670 26,419,548 1,046,853 4,098,864 2,279,146 4,595,686 4,432,295 1,774,828 3,468,985 641,663 7.8% 8.7% 26.1 % 7.1% 8.4% 10.5% 20.1 % 6.2% 9.5% 13.9% 8.5% 11.6% 8.3% 8.3% Total $ 77,998,408 $ 8,389,783 $ 69,608,625 10.8% Percent of Year Complete: 8.3% 42 City of Tukwila Monthly Finance Report 6 General Fund Expenditures and Transfers Out by Department co $35,000 0 0 1- I— $30,000 $25,000 $20,000 $15,000 $ 1 0 , 0 0 0 $5,000 $- G0 o& Q & G�ea caeca �.�° cm eo ` Qe rc�e0QeSec x) r` s �`c •Q��O-oO Qaes��' ee ecs • Expenditures and Transfers Out YTD IN Total Budget c0 y�e City of Tukwila Monthly Finance Report 43 Category 2024 Expensesthrough; 2025 Expenses through 2026 Expenses through Janina January January 0.1 City Council Mayor's Office Finance Department Community Development (DCD) Municipal Court Police Department Fire Department Recreation Department Park Maintenance Dept Public Works Dept Street Maintenance Dept Non -Departmental Expenses' Transfers Out - Debt Service Transfers Out to Other Funds 27,159 658,950 970,621 342,139 156,143 2,419,265 359,439 283,117 126,219 658,268 248,371 899 29,371 860,713 1,098,126 425,829 182,449 2,816,116 23,243 282,293 141,929 748,438 284,203 35,593 $ 884,230 1,219,276 418,433 210,547 3,096,049 263,034 268,969 239,220 738,843 409,672 232,218 315,362 58,337 6,222 23,517 121,150 (7,396) 28,098 279,933 239,791 (13,324) 97,291 (9,595) 125,469 232,218 315,362 58,337 +21.2% +2.7% +11.0% -1.7% +15.4% +9.9% +1031.7% -4.7% +68.5% -1.3% +44.1 % Total $ 6,250,590 $ 6,892,710 $ 8,389,783 $ 1,497,073 +22% Notes: 'In 2026, Fleet replacement expenditures were shifted from quarterly to monthly. 44 City of Tukwila Monthly Finance Report 8 General Fund Expenditures by Department Prior Year Comparions YTD 0 $3,500 2 0 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $- t•62' 0 e° «e' <2-e6e 2024 2025 2026 .ee e Gje ,e(6 & "Q City of Tukwila Monthly Finance Report 9 45 Catego, 2026 Total Budget 2026 Expenses through January d Salaries, Wages, & Overtime Benefits Supplies Services Land, Structures, Machinery, Equipment Other Expenditures Transfers Out - Debt Service Transfers Out to Other Funds 35,372,843 $ 13,086,179 1,694,812 23,178,221 151,800 30,205 3,784,347 700,000 2,775,072 $ 946,020 113,285 4,180,712 994 315,362 58,337 32,597,771 12,140,159 1,581,527 18,997,509 150,806 30,205 3,468,985 641,663 7.8% 7.2% 6.7% 18.0% 0.7% 0.0% 8.3% 8.3% Total N $40'000 -o c $35,000 0 0 -0 '- $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 5- Salaries, Wages, & Overtime $ 77,998,407 $ 8,389,782 $ 69,608,625 Percent of Year Complete: General Fund Expenditures and Transfers Out by Category Benefits Supplies Services Land, Structures, Other Expenditures Machinery, Equipment • Expenditures and Transfers Out YTD s 2026 Total Budget 10.8% 8.3% Transfers Out - Debt Transfers Out to Other Service Funds City ofTukwila Monthly Finance Report 46 10 Category 2024 Expensesthrough; 2025 Expenses through 2026 Expenses through January ; January January Salaries, Wages, & Overtime Benefits Supplies Services Services excluding PSRFA Fire Contract Land, Structures, Machinery, Equipment Transfers Out - Debt Service Transfers Out to Other Funds 2,277,365 $ 868,596 39,446 3,051,970 3,051,970 13,212 2,653,437 $ 965,811 19,340 3,253,201 3,253,201 920 2,775,072 946,020 113,285 4,180,712 4,180,712 994 315,362 58,337 121,635 (19,791) 93,945 927,511 927,511 74 315,362 58,337 +4.6% -2.0% +485.8% +28.5% +28.5% +8.0% Total $4,500 $4,000 0 F- $3,500 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $- Salaries, Wages, & Overtime Benefits $ 6,250,589 $ 6,892,709 $ 8,389,782 $ 1,497,073 +21.7% General Fund Expenditures by Category Prior Year Comparions YTD Supplies Services Services excluding Land, Structures, Other Expenditures Transfers Out - Debt Transfers Out to Other PSRFA Fire Contract Machinery, Equipment Service Funds 2024 2025 ■ 2026 City of Tukwila Monthly Finance Report Revenues Expenditures Transfers Out lotel Special Revenue Fund Overview 64,010 $ 58,417 2,553 1,047,750 1,614,096 30,669 6.1% 3.6% 8.3% Net Revenues Less Expenditures $ 3,040 $ (597,015) of Year Complete 8.3% 48 City of Tukwila Monthly Finance Report 12 Fund 101 Hotel/Motel Special Revenue Fund Expenditures and Transfers Out by Category Category ganqe • • 2 26"Total Budget • • 2026 Expenses •.. • . • • through January Salaries, Wages, & Overtime Benefits Supplies Services Transfers Out - Internal Cost Allocation 55,387 11,459 12,000 1,535,250 30,669 5,081 867 39 52,429 2,553 $ 50,306 10,592 11,961 1,482,821 28,116 9.2`70 7.6% 0.3% 3.4% 8.3% Total Thousands $1,800 $1.600 $1,400 $1,200 $1,000 $800 $600 $400 $200 $ $ 1,644,765 $ 60,969 $ Fund 101 Expenditures 11111111111111111111111111111111111 2026 Expenditures YTD 2026 Total Budget Revenues and Transfers In by Category 1,583,796 3.7% % of Year Complete 8.3% Category 2026 Revenuee pgeti::::$301:11geledaildirideo •• 2026 Total Budget •• •• • through January • • ;;,ii.::!:::•,100fe ered.101.88.togritile Hotel/Motel Tax Investment Earnings Total $1.200 $800 $600 $400 $200 $ - 1,000,000 $ 47,750 1,047,750 $ Fund 101 Revenues 2026 Revenues YTD 52,279 $ 11,731 64,010 $ 2026 Total Budget (947,721) (36,019) (983,740) 5.2% 24.6% 6.1% % of Year Complete 8.3% City of Tukwila Monthly Finance Report 13 49 Fund 101 Hotel/Motel Special Revenue Fund Year -to -Year Expenditures & Transfers Out by Category Catego • .•" ':',::,:•*1'.2024'E1r.i;ieraee'J';:','.,' 2025Expenses • 2026e.xperiaee through Januay through January •• • through January Salaries, Wages, & Overtime Benefits Supplies Services Transfers Out - Internal Cost Allocation 6,798 $ 1,536 4,715 $ 949 60,300 23,770 2,320 2,435 5,081 867 39 52,429 2,553 $ 366 (82) 39 28,659 +120.6% 118 +4.8% Total 70,954 $ 31,869 $ 60,969 $ Fund 101 Hotel/Motel Special Revenue Fund Year -to -Year Revenues and Transfers In by Category 29,100 +91.3% Category 2024 Retrettues 2025 Revenues through January through January through January $ % Hotel/Motel Tax Investment Earnings 60,994 $ 12,201 55,012 $ 11,897 52,279 $ 11,731 (2,733) (166) -5.0% -1.4% Total Expenditures and Transfers Out Revenues and Transfers In $- $ 73,195 $ 66,909 $ Fund 101 Prior Year Comparisons YTD 64,010 $ (2,899) -4.3% $10 $20 $30 $40 $50 $60 $70 $80 Thousands 2024 2025 M 2026 50 City of Tukwila Monthly Finance Report 14 Fund 102 King County Parks Levy Special Revenue Fund Overview 2026 through Janua et . ... andAnnualBudOet Revenues Transfers In Expenditures 297,220 49,518 198,072 0.0% 0.0% 0.0% Net Revenues Less Expenditures $ $ 148,666 % of Year Complete 8.3% City of Tukwila Monthly Finance Report 15 51 Fund 102 King County Parks Levy Special Revenue Fund Expenditures and Transfers Out by Category Category 2026 Total Budget 2026 Expenses through January 01: Salaries, Wages, & Overtime Benefits Services 136,080 $ 59,992 2,000 136,080 59,992 2,000 0% 0% 0.0% Total $250 $200 0 L $150 $100 $50 $- $ 198,072 $ Fund 104 Expenditures 2026 Expenditures YTD 2026 Total Budget 198,072 0.0% % of Year Complete 8.3% Revenues and Transfers In by Cate Cate ry 2026 Total Bud et 2026 Revenues through January tt0 Utility Taxes Transfer In From Fund 301 297,220 $ 49,518 (297,220) (49,518) 0.0% 0.0% Total m $400 $350 $300 $250 $200 $150 $100 $50 $- $ 346,738 $ Fund 104 Revenues 2026 Revenues YTD 2026 Total Budget (346,738) 0.0% % of Year Complete 8.3% 52 City of Tukwila Monthly Finance Report 16 Fund 103 Residential Street Fund Overview �1 rinu Revenues Expenditures 34,003 $ 4,869,000 4,953,000 0.7% 0.0% Net Revenues Less Expenditures $ 34,003 $ (84,000) % of Year Complete 8.3% City of Tukwila Monthly Finance Report 17 53 Fund 103 Residential Street Fund Expenditures and Transfers Out by Category Category 2026 Expenses 2026 Total Budget through January Services 4,953,000 $ 4,953,000 0 0 % Total $6' 000 LO p, $5,000 _c 6- $4,000 $3,000 $2,000 $1,000 $ 4,953,000 $ Fund 103 Expenditures 2026 Expenditures YTD 2026 Total Budget Revenues and Transfers In by Category 4,953,000 0.0°4 % of Year Complete 8.3% Category 2026 Total Budg 2026 Revenues through January dgrance Utility Taxes Grant Revenues State Entitlements Investment Earnings Total rn $6,000 0:3 _2 $5,000 $4,000 $3,000 $2,000 $1,000 $- $ 100,000 $ 4,463,000 280,000 26,000 4,869,000 $ Fund 103 Revenues 2026 Revenues YTD 27,585 (100,000) (4,463,000) (252,415) 6,418 (19,582) 34,003 $ (4,834,997) 2026 Total Budget 0.0% 0.0% 9.9% 24.7% 0.7% % of Year Complete 8.3% 54 City of Tukwila Monthly Finance Report 18 Fund 103 Residential Street Fund Year -to -Year Expenditures & Transfers Out by Category Catego • 2025 Expenses . • • 202$ Expenses • glabi$4021.4re • throttgWAarioary, through January •• through January• • Services 12,848 $ 192 $ - $ (192) -100.0% Total $ 13,090 $ 192 Fund 103 Residential Street Fund Year -to -Year Revenues and Transfers In by Category - $ (192) -100.0% Category 2024 Revenues 2025 Revenues 2026 Revenues through January through January through January State Entitlements Investment Earnings 20,393 $ 4,599 21,380 $ 5,162 27,585 $ 6,418 6,205 1,256 +29.0% +24.3% Total Expenditures and Transfers Out Revenues and Transfers In $- 24,992 $ 26,542 $ Fund 103 Prior Year Comparisons YTD 34,003 $ 7,461 +28.1% $5 $10 $15 $20 $25 $30 $35 $40 Thousands 2024 2025 M 2026 City of Tukwila Monthly Finance Report 19 55 Fund 104 Arterial Street; Fund Overview 2026 through January cll Revenues Expenditures 222,459 $ 78,824 11,042,001 10,537,131 2.0% 0.7% Net Revenues Less Expenditures 143,635 $ 504,870 of Year Complete 8.3% 56 City of Tukwila Monthly Finance Report 20 Fund 104 Arterial Street. Fund.. Expenditures and Transfers Out by. Category 2026 Total Budget 2026 Expenses through January tV Salaries, Wages, & Overtime Benefits Supplies Services 903,125 $ 322,056 19,250 9,292,700 59,541 $ 18,907 377 843,584 303,149 19,250 9,292,323 7% 6% 0.0% 0.0% Total $12 000 e�°n $10,000 0 $8,000 $6,000 $4,000 $2,000 $- $ 10,537,131 $ Fund 104 Expenditures 2026 Expenditures YTD 78,825 $ 2026 Total Budget Revenues and Transfers In by Category 10,458,306 0.7% % of Year Complete 8.3% Catego 2026 Total Budge 2026 Revenues through January rs Oritirintiera Utility Taxes Parking Tax Real Estate Excise Tax (REET) Permits Franchise Fees Grant Revenues State Entitlements Traffic Impact Fees Fines and Penalties Other Income Investment Earnings Total $12,000 0 0 c can $10,000 $8,000 $6,000 $4,000 $2,000 $- $ 1,400,000 $ 800,000 500,000 1 450,000 7,402,000 135,000 200,000 2,000 80,000 73,000 $ 11,042,001 $ Fund 104 Revenues 135,937 $ 53,605 98,530 (1,264,063) 9.7% (746,395) 6.7% (401,470) 19.7% (1) 0.0% 27,820 (422,180) 6.2% - (7,402,000) 0.0% 12,981 (122,019) 9.6% (106,529) (306,529) -53.3% 1,212 (788) 60.6% (34,150) (114,150) -42.7% 33,054 (39,946) 45.3% 222,460 $ (10,819,541) 2.0% 2026 Revenues YTD 2026 Total Budget % of Year Complete 8.3% City of Tukwila Monthly Finance Report 2157 Fund 104 Arterial Street Fund:. o-Year Expenditures & Transfers Out by Cate Category 2024 Expense, through Janual 2025 Expenses 2026 Expenses through January through January Salaries, Wages, & Overtime Benefits Supplies Services Land, Structures, Machinery, Equipment 40,780 $ 14,383 25,614 130,785 56,183 $ 19,272 86 32,544 78,213 59,541 $ 18,907 3,358 (365) (86) 377 (32,167) (78,213) +6.0% -1.9% -100.0% -98.8% -100.0% Total $ 211,562 $ 186,298 $ Fund 104 Arterial Street Fund Year -to -Year Revenues and Transfers In by Category 78,825 $ (107,473) -57.7% 2024 Revenues 2025 Revenues 2026 Revenues through January through January through January Utility Taxes Parking Tax Real Estate Excise Tax (REET) Franchise Fees Grant Revenues State Entitlements General Government Revenue Traffic Impact Fees Fines and Penalties Other Income Investment Earnings $ 11,943 $ 118,203 9,597 5,292 491 800 25,045 130,422 68,507 16,676 38,332 190,919 10,061 45 47,357 54,800 23,886 $ 135,937 $ 5,515 53,605 (14,902) 98,530 81,854 27,820 (10,512) (190,919) 12,981 2,920 (45) (106,529) (153,886) 1,212 1,212 (34,150) (88,950) 33,054 9,168 +4% -21.8% +490.8% -27.4% -100.0% +29.0% -100.0% -324.9% -162.3% +38.4% Total Expenditures and Transfers Out Revenues and Transfers In 171,371 $ 581,005 $ Fund 104 Prior Year Comparisons YTD 222,460 $ (358,545) -61.7% $100 $200 $300 $400 $500 $600 $700 Thousands 2024 2025 ■ 2026 58 City of Tukwila Monthly Finance Report 22 Revenues Expenditures hrough Jantua 455 98,100 73,000 0.0% 0.6% Net Revenues Less Expenditures $ (455) $ 25,100 % of Year Complete 8.3% City of Tukwila Monthly Finance Report 23 59 Expenditures and Transfers Out by Catogory Category 2026 Total Budget 2026 Expenses through January Supplies Services 36,000 $ 37,000 455 $ 35,545 37,000 1.3% 0.0% Total $80 0 c 7.) $70 H $60 $50 $40 $30 $20 $10 $- 73,000 $ Fund 109 Expenditures 2026 Expenditures YTD 455 $ 72,545 2026 Total Budget Revenues and Transfers In by Category 0.6°4 % of Year Complete 8.3% Category 2026 Tot et. • • • .through January ).etEEIOprepfe5..!4k:•A,,,n,;ett§et Intergovernmental Other Income Investment Earnings Total Thousands $120 $100 $80 $60 $40 $20 $ 35,000 $ 60,000 3,100 98,100 $ Fund 109 Revenues 2026 Revenues YTD 2026 Total Budget (35,000) (60,000) (3,100) (98,100) 0.0% 0.0% 0.0% 0.0% % of Year Complete 8.3% 60 City of Tukwila Monthly Finance Report 24 and 109 Drug $ o-Year Expenditures & Ti Fund Out by Ca 2t124 Expens through Janu 2025 Expenses 2026 Expenses through January through January 2 Supplies 388 $ 455 $ 455 Total 388 $ Fund °igg Drug Seizure Fund ear Revenues and Transfers In by Catego 455 $ 455 #DIV/0! 024 Revenues rough Januar 2025 Revenues 2026 Revenues through January through January Total Fund 109 Prior Year Comparisons YTD Expenditures and Transfers Out Revenues and Transfers In 0 0 0 0 0 0 0 Thousands 2024 2025 ■ 2026 City of Tukwila Monthly Finance Report 25 61 • 2026 through January „:04004. Revenues Expenditures Transfers Out 73,269 $ 121,061 5,447,500 6,663,000 49,518 1.3% 1.8% 0.0% Net Revenues Less Expenditures $ (47,792) $ (1,265,018) % of Year Complete 8.3% 62 City of Tukwila Monthly Finance Report 26 Category 2026 Total Budget 2026 Expenses through January !:!!!"!c!!!!!!!!..tOrif,0g4**!r!,iA'nn,5t0t1ie!!;.;,'!!;!;!!!!!!!!!!!!!,!,,,!:!'!!%!P,PA;Odilid!!!!0,0i10.0t!!'!0.,!:.!,!,!!!!„!,!!!!!!!!!! Supplies Services Land, Structures, Machinery, Equipment Transfers Out to Other Funds 335,000 $ 4,425,000 1,903,000 49,518 29,160 $ 80,177 11,723 305,840 4,344,823 1,891,277 49,518 Total 0 $5,000 7) 0 H $6,000 $7,000 $5,000 $4,000 $3,000 $2,000 Si,000 $- $ 6,712,518 $ Fund 301 Expenditures 2026 Expenditures YTD 121,060 $ 6,591,458 2026 Total Budget 1.8% % of Year Complete 8.3% Category 2026 Total Budget 2026 Revenues ice through January ...:';'10.0.0(#.9.104.;t0100g1,0";::!:;.::::.,.:'. Grant Revenues Park Impact Fees Investment Earnings Total 0• $6,000 0 S5 000 if $4,000 $3,000 $2,000 $1,000 $- 5,290,000 $ 100,000 57,500 5,447,500 $ Fund 301 Revenues 2026 Revenues YTD 50,000 $ 7,608 (5,240,000) (92,392) 15,661 (41,839) 73,269 $ (5,374,231) 2026 Total Budget 0.9% 7.6% 27.2% 1.3% % of Year Complete 8.3% City of Tukwila Monthly Finance Report 27 63 twongo,rmovolrvivoirl-rwir ''''oYoYNNRP:Rr,:mqMilirgrggNPYM'P'P'WNRNRWRRMSIMNSN,VgwmpnimwmfyoovF,,m,mt,„,p,„,pi„„:.i,;;:i,;;;;;;;;;; dtIttettaataineandtatattradettIet Mead dateetagnM6tamate tam, -*041WW0geOWW6.0aMMg*MMOM+NOMMWeagaa Categ 2024 Expenses 2025 Expenses 2026 Expenses through January through January through January $ Supplies Services Land, Structures, Machinery, Equipment - $ 3,870 - $ 35,015 29,160 $ 80,177 11,723 29,160 45,162 11,723 +129.0% Total 3,870 $ 35,015 $ 121,060 $ 86,045 +245.7% imiggiggitIMPPOINUMMARNAwtqwwwwwwown".4.,..yeehtmhz,,,xamom meatteadtattnattavenatedadetartattetatannteenenteddeatettettette ' 1,50n..Vt,e.g.P.P.010=4,94.54ROMM'agt.g.,e-hen+4.040.0 Category 2024 Revenues 2025 Revenues 2026 Revenues through January through January through January 2026 Vall20215lell Grant Revenues Park Impact Fees Investment Earnings Transfers In - $ 3,629 18,671 749,810 $ 9,969 13,645 50,000 $ (699,810) 7,608 (2,361) 15,661 2,016 -93.3% -23.7% +15% Total Expenditures and Transfers Out 22,300 $ 773,424 $ Fund 301 Prior Year Comparisons YTD 73,269 $ (700,155) -90.5% 2024 2025 2026 Revenues and Transfers In $- $100 $200 5300 $400 $500 5600 $700 $800 $900 Thousands 64 City of Tukwila Monthly Finance Report 28 Revenues Transfers In Expenditures 26 through Janua 518 $ 33,337 1,000 400,000 400,000 51.8% 8.3% 0.0% Net Revenues Less Expenditures $ 33,855 $ 1,000 of Year Complete 8.3% City of Tukwila Monthly Finance Report 29 65 „,nditures-and Transfersj, Category 2026 Total Bud ••.• 2026 Expenses ...t#g:i.0•000.0t•yotraOloii . . • through January • 3Budeace - Services 400,000 $ 400,000 0.0% Total Thousands $450 5400 $350 $300 $250 $200 $150 $100 $50 $ 40 0,000 Fund Fund 303 Expenditures 2026 Expenditures YTD 2026 Total Budget y,040s.:vAToogto,mtktii0*tiOr 400,000 0.0% % of Year Complete 8.3% Category 2026 Total Bud 2026 Revenues through January Investment Earnings Transfer In From General Fund Total $450 $400 0 $350 $300 $250 $200 $150 $100 $50 s- 1,000 $ 400,000 401,000 $ Fund 303 Revenues 2026 Revenues YTD 518 $ 33,337 33,855 $ 2026 Total Budget (482) (366,663) (367,145) 51.8% 8% 8.4"Yo % of Year Complete 8.3% 66 City of Tukwila Monthly Finance Report 30 Fund 303 General Govornment lmprovements ?ar-to-Year Expenclitures & Transfers Out by Category Category •2024Expenses 2025 Expenses • .• •:::::::::::!,„•:..tftr„0:0'.gh'•44nue.y.•':•,:•'. through January . through January • Total 0.0% 2024 Revenues 2025 Revenues through January through January Investment Earnings Transfer In From General Fund 1,945 $ 1,705 $ 518 $ 33,337 (1,187) 33,337 -70% Total Expenditures and Transfers Out Revenues and Transfers In $- 1,945 $ 1,705 $ Fund 303 Prior Year Comparisons YTD 33,855 $ 32,150 +1885.6% $5 S10 $15 $20 $25 $30 $35 $40 Thousands 2024 2025 M 2026 City of Tukwila Monthly Finance Report 31 67 2026 etNara Revenues Transfers Out 4,781 $ 600,000 600,000 0.8% 0.0% Net Revenues Less Expenditures $ 4,781 $ % of Year Complete 8.3% 68 City of Tukwila Monthly Finance Report 32 • • • • •• • • • • 2026 Transfers • • • .2926 Total Budget '• Out •• through January • Rtltll6tB:6lt45l616tMl6990ttlBOlil'illg:PSt$'!6t2ll)9V6((666d6((gte Transfers Out to Other Funds 600,000 $ 600,000 0% Total Thousands $700 $500 $500 $400 $300 $200 $100 S- $ 600,000 $ Fund 304 Transfers Out 2026 Expenditures YTD • "•......,•••••••• ••'••"'" ••••••• •••• „•••11,.. „. •,•••••••. ". .••'•••,••••.•••• ......'••••••••••••• • ,•••,••••••••••••••••••••••••••••••.... •„••••••••,•••••„,,•,•,•,••••••••••••••••••••••„'••••••••••••••• • ••••••••,,:...•7, •,• • •• •• • • • •,•••.1...l...•••••••••••••••• •••••• • „••,, 2026 Total Budget $IJ*L\ 600,000 0.0% % of Year Complete 8.3% 2026 Revenues Budget Variance -liadoet variance Category 2026 Total Budget through January 1 (Unfavorable)/ Favorable % Anntml Badget Fire Impact Fees Investment Earnings Total $700 $600 _o H $500 5400 $300 $200 $100 600,000 $ 600,000 $ Fund 304 Revenues 4,765 $ 16 4,781 $ 2026 Revenues YTD 2026 Total Budget (595,235) 16 (595,219) 0.8% 0.8"Yo % of Year Complete 8.3% City of Tukwila Monthly Finance Report 33 69 , .‘,„doTetv.ketodetv-Tetodetv-TetodetodetoTeR, .tvt t-et ,9,d' \\\\\\\\\\\\\\\\\\\\\\\\\\\ • Gategoty 2024 Expenses 2025 Expenses 2026 Expenses vs 2025 through January through January through January Transfers Out to Other Funds Total ,Tt,d,R.Tt,doTtd,R.Ttd,R.Ttd,R.Ttd,R.Ttd,R.Ttd,R.Ttd,RTtdoTtd,RTt, Category •• •2G24Revenues 2025 Revenues ,„ „, • • • 2026•Fevsnues.• • •• • through January through January through January„..............„...... „.,„ Fire Impact Fees 2,136 $ 11,866 $ 4,765 $ (7,101) -59.8% Total Expenditures and Transfers Out Revenues and Transfers In 2,136 $ 11,866 $ Fund 304 Prior Year Comparisons YTD 4,765 $ (7,101) -59.8% $2 $4 $6 $8 $10 $12 $14 Thousands 2024 2025 I 2026 70 City of Tukwila Monthly Finance Report 34 Revenues Transfers In Transfers Out 102,377 $ 109,818 515,000 600,000 1,317,849 lmcig 19.9% 0.0% 8.3% Net Revenues Less Expenditures $ (7,441) $ (202,849) of Year Complete 8.3% City of Tukwila Monthly Finance Report 35 71 Category 2026 Total Budget 2026 Expenses through January g:':;tifi):f)fSiOfSfffS):':?::PDXPfePfP:.:,!.!.!!:5,,,,!.'''!','i'j;,:,.:.'.r/i'..:5,f:!:*il;,fSSf.SiiO0OS.,:::::!K Transfers Out to Other Funds 1,317,849 $ 109,818 $ 1,208,031 8% Total Thousands $1,400 $1.200 $1,000 $800 $600 $400 5200 $- $ 1,317,849 $ Fund 305 Expenditures 2026 Expenditures YTD 109,818 $ 2026 Total Budget 1,208,031 8.3"Yo % of Year Complete 8.3% ,Ammmammami,,,,MV.4016Va Category 2026 Total Budget 2026 Revenues through January Real Estate Excise Tax (REET) Investment Earnings Transfers In Total $1,200 -o 2 fi-0,000 H $800 $600 $400 $200 500,000 $ 15,000 600,000 1,115,000 $ Fund 305 Revenues 2026 Revenues YTD 98,530 $ 3,847 102,377 $ 2026 Total Budget (401,470) (11,153) (600,000) (1,012,623) 19.7% 25.6% 0% 9.2°/0 % of Year Complete 8.3% 72 City of Tukwila Monthly Finance Report 36 Category •.. •2O24Expenses 2025 Expenses • 2026.Experises.. through Jarivary through January through January ....... Transfers Out to Other Funds 109,818 109,818 Total $ 109,818 109,818 2024 Revenues 2025 Revenues through January through January Real Estate Excise Tax (REET) Investment Earnings - $ 4,621 16,676 $ 4,787 98,530 $ 81,854 3,847 (940) +490.8% -20% Total Expenditures and Transfers Out Revenues and Transfers In $- $ 4,621 $ 21,463 $ Fund 305 Prior Year Comparisons YTD 102,377 $ 80,914 +377.0% $20 $40 $60 $60 $100 $120 Thousands 2024 2025 M 2026 City of Tukwila Monthly Finance Report 37 73 Rand :06 City Facilities overview • 2026 through • Revenues Expenditures 6,565 $ 5,000 825,238 1313% 0.0% Net Revenues Less Expenditures 6,565 $ (820,238) °./0 of Year Complete 8.3% 74 City of Tukwila Monthly Finance Report 38 Fund 306 City Facilities Expenditures and Transfers Out by Category Cat 2026 Total Bud through January (Unfavoroble)./ Famprable ty0 Anritt / d t Services 825,238 $ $ 825,238 0.0% Total Thousands $90 0 $800 $70 0 $60 0 $500 $40 0 $30 0 $200 6100 $- $ 825,238 $ Fund 306 Expenditures 2026 Expenditures YTD 2026 Total Budget 825,238 0.0% % of Year Complete 8.3% Revenues and Transfers in by Category Category 2026 Total Budget 2026 Revenues • .. through January Investment Earnings Total $7 P., $6 H $5 $4 $3 $2 $1 $- 2026 Revenues YTD $ 5,000 $ 5,000 $ Fund 306 Revenues 6,565 $ 6,565 $ 2026 Total Budget 1,565 1,565 131.3% 131.3% % of Year Complete 8.3% City of Tukwila Monthly Finance Report 39 75 Fund 306 City Facilities Year -to -Year Expenditures & Transfers Out by Category Category . •2024 Expenses 2025 Expenses • "2026:Expenses. • through January through January . through January. . „. .„..„ „ .,„ 2020 vs 2028 $ % Services 20,969 $ 1,564 $ (1,564) -100.0% Total 20,969 $ 1,564 $ - $ (1,564) -100.0% Fund 306 City Facilities Year -to -Year Revenues and Transfers In by Category Category 2024 Revenues 2025 Revenues 2()26 Revenues through January through January through January Investment Earnings 57 $ - $ 6,565 $ 6,565 Total Expenditures and Transfers Out Revenues and Transfers In $- 57 $ Fund 306 Prior Year Comparisons YTD $5 $10 6,565 $ 6,565 $15 $20 $25 Thousands 2024 2025 M 2026 76 City of Tukwila Monthly Finance Report 40 Fund 401 Water Utility Fund Overview 2026 through Janua mat Su Revenues Expenditures Transfers Out 673,984 $ 852,843 98,390 10,254,836 9,842,428 1,180,665 6.6% 8.7% 8.3% Net Revenues Less Expenditures $ (277,249) $ (768,257) % of Year Complete 8.3% City of Tukwila Monthly Finance Report 41 77 Fund 401 Water Utility Fund Expenditures and Transfers Out by Category Category 2026 Total Budget 2026 Expenses through January AP Salaries, Wages, & Overtime Benefits Supplies Services Land, Structures, Machinery, Equipment Other Expenditures Transfers Out - Internal Cost Allocation Transfers Out - Debt Service 1,072,892 $ 433,831 3,178,660 3,741,847 1,200,000 215,198 857,044 323,621 81,866 $ 29,659 542,325 198,992 991,026 404,172 2,636,335 3,542,855 1,200,000 215,198 71,424 785,620 26,966 296,655 5.3% 0% 0.0% 8% 8% Total $12'000 in $10,000 0 L H $8,000 $6,000 $4,000 $2,000 $- $ 11,023,093 $ 951,232 $ Fund 401 Expenditures and Transfers Out 2026 Expenditures YTD 2026 Total Budget Revenues and Transfers In by Category 10,071,861 8.6% % of Year Complete 8.3% 2026 Total Budge 2026 Revenues. through January V Fag 6 Water Sales Other Income Investment Earnings Total 0 $12,000 0 `) $10,000 0 s 6- $8,000 $6,000 $4,000 $2,000 $ 10,153,336 $ 1,500 100,000 $ 10,254,836 $ Fund 401 Revenues l♦1.1®® 2026 Revenues YTD 2026 Total Budget 655,877 $ 7,469 (9,497,459) 5,969 10,636 (89,364) 673,982 $ (9,580,854) 6.5% 497.9% 10.6% 6.6% % of Year Complete 8.3% 78 City of Tukwila Monthly Finance Report 42 Fund 401 Water Utility Fund Year -to -Year Expenditures & Transfers Out by Category 2024 Expenses 2025 Expenses 2026 Expenses through January through January through January 2 26 vs 202 Salaries, Wages, & Overtime Benefits Supplies Services Transfers Out - Internal Cost Allocation Transfers Out - Debt Service 53,095 $ 28,265 496,361 170,648 64,784 75,235 $ 33,476 529,170 210,910 68,023 81,866 $ 6,631 29,659 (3,817) 542,325 13,155 198,992 (11,918) 71,424 3,401 26,966 26,966 +8.8% -11.4% +2.5% -5.7% +5% Total $ 813,153 $ 916,814 $ Fund 401 Water Utility Fund Year -to -Year Revenues and Transfers In by Category 951,232 $ 34,418 +3.8% Category 2024 Revenues 2025 Revenues 2026 Revenues. through'January through January through January. Water Sales Security Revenue Other Income Investment Earnings Bond Proceeds 531,540 $ 2,273 757 11,753 642,150 952 346 5,562 655,877 $ 7,469 10,636 13,727 (952) 7,123 5,074 +2% -100.0% +2058.7% +91% Total Expenditures and Transfers Out Revenues and Transfers In $ 546,323 $ 649,010 $ Fund 401 Prior Year Comparisons YTD 673,982 $ 24,972 +3.8% $100 $200 $300 $400 3500 $600 $700 $800 $900 $1,000 Thousands 2024 2025 ■ 2026 City of Tukwila Monthly Finance Report 43 79 Revenues Expenditures Transfers Out $ 967,751 $ 802,220 75,235 13,101,957 15,014,170 902,896 7.4% 5.3% 8.3% Net Revenues Less Expenditures $ 90,296 $ (2,815,109) of Year Complete 8.3% 80 City of Tukwila Monthly Finance Report 44 Category 2026 Total Budget 2026 Expenses through January IRO Salaries, Wages, & Overtime Benefits Supplies Services Other Expenditures Transfers Out - Internal Cost Allocation Transfers Out - Debt Service 808,921 336,137 6,566,705 7,148,149 154,259 722,049 180,847 62,151 $ 24,218 513,077 202,773 60,168 15,067 746,770 311,919 6,053,628 6,945,376 154,259 661,881 165,780 8% 7% 7.8% 2.8% 0% 8% 8% Total Thousands $18,000 $16,000 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $- 15,917,067 $ 877,454 $ Fund 402 Expenditures and Transfers Out 2026 Expenditures YTD 2026 Total Budget 15,039,613 5.5% % of Year Complete 8.3% Category 2026 Total Budget 2026 Revenues through January Sewer Sales Other Income Investment Earnings Total $14,000 0 0 $12,000 0 0 F- $10,000 $8,000 $6,000 $4,000 $2,000 $. 12,701,957 $ 400,000 13,101,957 $ Fund 402 Revenues 927,996 $ (100) 39,855 967,751 $ 2026 Revenues YTD 2026 Total Budget (11,773,961) (100) (360,145) (12,134,206) 7.3% 10.0% 7.4% % of Year Complete 8.3% City of Tukwila Monthly Finance Report 45 81 2024 Expenses 2025 Expenses 2026 Expenses through January through January through January Salaries, Wages, & Overtime Benefits Supplies Services Transfers Out - Internal Cost Allocation Transfers Out - Debt Service 83,929 $ 37,303 436,954 165,491 54,573 63,605 $ 28,075 469,608 204,694 57,300 62,151 $ (1,454) 24,218 (3,857) 513,077 43,469 202,773 (1,921) 60,168 2,868 15,067 15,067 -2.3% -13.7% +9.3% -0.9% +5% Total $ 778,250 $ 823,282 $ 877,454 $ 54,172 +6.6% 2024 Revenue through Janus 2025 Revenues 2026 Revenues through January through January Sewer Sales Other Income Investment Earnings 823,455 $ 812 40,537 1,004,583 $ 324 22,213 927,996 $ (76,587) (100) (424) 39,855 17,642 -8% -130.9% +79.4% Total Expenditures and Transfers Out Revenues and Transfers In $ 864,804 $ 1,027,120 $ 967,751 $ (59,369) -5.8% Fund 402 Prior Year Comparisons YTD $200 $400 S600 3800 $1,000 $1,200 Thousands 2024 2025 It 2026 82 City of Tukwila Monthly Finance Report 46 Revenues Transfers In Expenditures Transfers Out 77,744 $ 25,000 194,919 21,161 2,487,500 300,000 3,033,955 253,877 arlc ud 3.1% 8.3% 6.4% 8.3% Net Revenues Less Expenditures $ (113,336) $ (500,332) % of Year Complete 8.3% City of Tukwila Monthly Finance Report 47 83 Category 2026 Total Budget 2026 Expenses through January Btdlgefai Md et(arian °f A(knua Salaries, Wages, & Overtime Benefits Supplies Services Land, Structures, Machinery, Equipment Transfers Out - Internal Cost Allocation 1,120,276 417,826 378,155 392,698 725,000 253,877 82,105 $ 30,865 11,041 70,908 21,161 1,038,171 386,961 367,114 321,790 725,000 232,716 Total $3.500 $3,000 $2,500 $2,000 $1.500 51,000 $500 $- 3,287,832 $ 216,080 $ Fund 411 Expenditures and Transfers Out 1.10111011101101.111111 2026 Expenditures YTD 2026 Total Budget 3,071,752 6.6% % of Year Complete 8.3% ReVenttle8 fld;1 lu"L cafe Category 2026 Total Budget 2026 Revenues ud� through January tem dge1 Gambling & Excise Taxes Greens Fees General Government Revenue Culture and Recreation Fees Other Income Investment Earnings Rent & Concessions Transfer In From General Fund Total $3,000 $2,500 0 $2,000 $1,500 $1,000 $500 $- 3,000 1,610,000 165,000 5,000 52,901 4,894 249 (3,000) (1,557,099) (160,106) (4,751) 0.0% 3.3% 3.0% 5.0% 11,000 304 (10,696) 2.8% 60,000 8,432 (51,568) 14.1% 633,500 300,000 2,787,500 $ Fund 411 Revenues and Transfers In sommommommommom 2026 Revenues YTD 2026 Total Budget 10,965 (622,535) 1.7% 25,000 (275,000) 8% 102,745 $ (2,684,755) 3.7% % of Year Complete 8.3% 84 City of Tukwila Monthly Finance Report 48 Category 2024 Expens through January, through January through January 2025 Expenses 2026 Expenses Salaries, Wages, & Overtime Benefits Supplies Services Transfers Out - Internal Cost Allocation 67,737 $ 30,803 6,117 52,270 19,184 76,291 31,154 14,489 54,347 20,149 82,105 $ 5,814 30,865 (289) 11,041 (3,448) 70,908 16,561 21,161 1,012 +7.6% -0.9% -23.8% +30.5% +5% Total $ 225,352 $ 196,430 $ 216,080 $ 19,650 +10.0% 2024 Fave►iues through January 2025 Revenues 2026 Revenues through January through January Greens Fees General Government Revenue Culture and Recreation Fees Other Income Investment Earnings Rent & Concessions Sale of Capital Assets Transfer In From General Fund 20,516 $ 39,770 $ 1,589 3,969 90 602 283 8,243 5,158 9,958 11,220 4,000 52,901 4,894 249 304 8,432 10,965 13,131 925 159 21 3,274 (255) 25,000 25,000 +33.0% +23.3% +176.7% +7% +63% -2 % Total Expenditures and Transfers Out Revenues and Transfers In 44,908 $ 60,490 $ 102,745 $ Fund 411 Prior Year Comparisons YTD 42,255 +69.9% $50 $100 $150 0200 $250 Thousands 2024 2025 ■ 2026 City of Tukwila Monthly Finance Report 49 85 Fund 412 Surface Water Utility Fund Overview Revenues Expenditures Transfers Out 2026 through Janual 36,819 $ 283,215 100,937 14,978,410 15,876,894 1,211,208 t n 0.2% 1.8% 8.3% Net Revenues Less Expenditures $ (347,333) $ (2,109,692) % of Year Complete 8.3% 86 City of Tukwila Monthly Finance Report 50 Fund 412 Surface Water Utility Fund Expenditures and Transfers Out by Category Category 2026 To al Budget 2026 Expenses through January ':.,iiiii3!0./jhxiiiikilpgrp;:?..,;.5:,!.!'A::0Iiji).ro..u.Ol.1,:pc95igulig!!:',?Q;:!'§ Salaries, Wages, & Overtime Benefits Supplies Services Other Expenditures Transfers Out - Internal Cost Allocation Transfers Out - Debt Service 2,190,135 $ 871,327 74,965 12,718,860 21,608 763,850 447,358 134,734 $ 48,441 8,040 92,000 63,656 37,281 2,055,401 822,886 66,925 12,626,860 21,608 700,194 410,077 6% 6% 10.7% 0.7% 0% 8% 8% Total Thousands $18,000 $16,000 614.000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $- 17,088,103 $ 384,152 $ Fund 412 Expenditures and Transfers Out 2026 Expenditures YTD 2026 Total Budget 16,703,951 2.2% % of Year Complete 8.3% Revenues and Transfers In by Category Category 2026 Total Budget •. 2026 Revenues thr6Ogtt. j4nuary. Surface Water Sales Grant Revenues Other Income Investment Earnings Total Thousands $16,000 $14,000 $12,000 $10,000 68,000 $6,000 $4,000 $2,000 $- $ 8,868,410 $ 2,965,000 2,845,000 300,000 14,978,410 $ Fund 412 Revenues 787 (8,868,410) (2,965,000) (2,844,213) 36,031 (263,969) 36,818 $ (14,941,592) 2026 Revenues YTD 2026 Total Budget 0.0% 0.0% 0.0% 12.0% 0.2% % of Year Complete 8.3% City of Tukwila Monthly Finance Report 51 87 Fund 412 Surface Water Utility Fund Year -to -Year Expenditures & Transfers Out by Category Category 2024 Expenses 2025 Expenses 2026 Expenses through January through January through January Salaries, Wages, & Overtime Benefits Supplies Services Land, Structures, Machinery, Equipment Transfers Out - Internal Cost Allocation Transfers Out - Debt Service 112,935 $ 50,814 1,219 82,834 57,738 128,594 52,319 505 87,838 102,171 60,623 134,734 $ 48,441 8,040 92,000 63,656 37,281 6,140 (3,878) 7,535 4,162 (102,171) 3,033 37,281 +4.8% -7.4% +1492.1% +4.7% -100.0% Total 305,540 $ 432,050 $ 384,152 $ (47,898) -11.1% Fund 412 Surface Water Utility Fund Year -to -Year Revenues and Transfers In by Category Catego 2024 Revenues 2025 Revenues 2026 Revenues through January through January through January ,...... ."1. .1. Grant Revenues Other Income Investment Earnings - $ 906 54,511 26,014 $ 864 32,189 - $ 787 36,031 (26,014) (77) 3,842 -100.0% -8.9% +12% Total Expenditures and Transfers Out Revenues and Transfers In 55,417 $ 59,067 $ 36,818 $ Fund 412 Prior Year Comparisons YTD (22,249) -37.7% $50 $100 $1 so $200 $250 $300 $350 $400 $450 3500 Thousands 2024 2025 a 2026 88 City of Tukwila Monthly Finance Report 52 Fund 501 Equip en Overview Rental Arirl Revenues Expenditures Transfers Out 478,331 $ 454,444 33,801 6,093,106 4,541,184 405,623 7.9% 10.0% 8.3% Net Revenues Less Expenditures $ (9,914) $ 1,146,299 % of Year Complete 8.3% City of Tukwila Monthly Finance Report 53 89 Fund 501 Equipment Rental Expenditures and Transfers Out by Category` ego 2026 Total Budget. 2026 Expenses through. January 11 ee Salaries, Wages, & Overtime Benefits Supplies Services Land, Structures, Machinery, Equipment Transfers Out - Internal Cost Allocation 541,485 245,102 803,150 1,893,447 1,058,000 405,623 35,280 15,786 44,034 255,608 103,737 33,801 506,205 229,316 759,116 1,637,839 954,263 371,822 7% 6% 5.5% 13.5% 10% 8% Total Thousands $6,000 $5,000 $4,000 53,000 $2,000 $1,000 4,946,807 $ 488,246 $ Fund 501 Expenditures and Transfers Out 2026 Expenditures YTD 2026 Total Budget Revenues and Transfers in by Category 4,458,561 9.9% % of Year Complete 8.3% 2026 Total 2026 Revenues through January a (e i; Fleet Replacement Charges Fleet Lease Charges Fleet Repair Charges Other Income Investment Earnings Sale of Capital Assets Total $ 7, 000 c $6,000 0 L ~ $5,000 $4,000 $3.000 $2,000 $1,000 $- 160,000 6,093,106 $ Fund 501 Revenues 2026 Revenues YTD 2,373,892 3,317,114 200,000 2,100 197,839 $ 272,194 (2,176,053) (3,044,920) (200,000) (2,100) 8.3% 8.2% 0.0% 0.0% 40,000 8,298 (31,702) 20.7% - (160,000) 0.0% 478,331 $ (5,614,775) 7.9% 2026 Total Budget % of Year Complete 8.3% 90 City of Tukwila Monthly Finance Report 54 Fund 501 Equipment Rental a -Year Expenditures & Transfers Out by Cat+ Category 2024 Expenses through Januar 2025 Expenses 2026 Expenses through January through January 2 Salaries, Wages, & Overtime Benefits Supplies Services Land, Structures, Machinery, Equipment Transfers Out - Internal Cost Allocation 29,623 $ 15,706 24,408 183,382 30,663 42,098 $ 19,515 68,378 127,294 32,196 35,280 $ (6,818) 15,786 (3,729) 44,034 (24,344) 255,608 128,314 103,737 103,737 33,801 1,605 -16.2% -19.1% -35.6% +100.8% +5% Total 283,782 $ 289,481 $ Fund 501 Equipment Rental o-Year Revenues and Transfers In by Category 488,246 $ 198,765 +68.7% 2024 Revenues 2025 Revenues 2026 Revenues through Jarleary through January through January Fleet Replacement Charges Fleet Lease Charges Other Income Investment Earnings Sale of Capital Assets 103,392 $ 17,097 10,853 191,178 $ 1,942 6,298 47,422 197,839 $ 6,661 272,194 272,194 (1,942) -100.0% 8,298 2,000 +32% (47,422) -100% +3% Total Expenditures and Trans Out Revenues and Transfers In 131,342 $ 246,840 $ Fund 501 Prior Year Comparisons YTD 478,331 $ 231,491 +93.8% $100 $200 $300 $400 $500 $600 Thousands 2024 2025 ■ 2026 City of Tukwila Monthly Finance Report 55 91 and 50 Insurance Revenues Expenditures Transfers Out 599,874 $ 311,644 18,297 8,346,309 6,812,349 219,531 7.2% 4.6% 8.3% Net Revenues Less Expenditures 269,933 $ 1,314,429 % of Year Complete 8.3% 92 City of Tukwila Monthly Finance Report 56 Fund 502 Insurance - Active Employees xpenditurs and Transfers Out by Categor Category 2026 Total Budget. 2026 Expenses through January li ray Anntil Self Insurance Medical Claims Dental Claims Prescription Claims Vision Claims Stop Loss Reimbursements TPA Admin Fees Excess Loss Prem Contracted Services Employee Wellness Services Transfers Out - Internal Cost Allocation 4,272,660 $ 429,838 1,205,109 22,507 161,235 600,000 100,000 18,000 219,531 167,080 $ 39,964 32,102 2,619 (84,179) 28,083 125,704 271 18,297 4,105,580 389,874 1,173,007 19,888 84,179 133,152 474,296 99,729 18,000 201,234 Total $6,000 57,000 N o $6,000 L ~ $5,000 $4,000 $3,000 52,000 $1,000 $- 7,028,880 $ 329,941 $ Fund 502 Expenditures and Transfers Out 1111111111111111111111111111111111111111111 2026 Expenditures YTD 2026 Total Budget Revenues<and Transfers In by Catergo 6,698,939 4.7% % of Year Complete 8.3% Category 2026 Total Budge 2026 Revenues through January Varlanc Anntitg Budget Employer Trust Contributions Employee Voluntary Contributions Employee Mandatory Contributions Investment Earnings Total 2 $9,000 $8,000 $ 7, 000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $- 7,919,276 $ 379,533 47,500 8,346,309 $ Fund 502 Revenues 1111111111111111111 2026 Revenues YTD 544,273 $ 7,283 28,245 20,074 599,875 $ 2026 Total Budget (7,375,003) 7,283 (351,288) (27,426) (7,746,434) 6.9% 7.4% 42.3% 7.2% % of Year Complete 8.3% City of Tukwila Monthly Finance Report 57 93 =und 502 Insuranc{ ;0Year Expenditures Employe Transfers Out Cate Ca 2024 Expense through Janua 2025 Expenses 2026 Expenses through January through January 2 Self Insurance Medical Claims Dental Claims Prescription Claims Vision Claims Stop Loss Reimbursements TPA Admin Fees Excess Loss Prem Contracted Services Employee Wellness Services Transfers Out - Internal Cost Allocation 361,065 $ 34,437 76,288 1,673 12,640 34,197 8,792 16,598 205,573 $ (20,473) 63,607 2,810 (82,417) 13,172 48,091 8,919 4,945 17,424 167,080 $ (38,493) -18.7% 39,964 60,437 -295.2% 32,102 (31,505) -49.5% 2,619 (191) -6.8% (84,179) (1,762) +2.1% 28,083 14,911 +113.2% 125,704 77,613 +161.4% 271 (8,648) -97% (4,945) -100% 18,297 873 +5% Total $ 545,690 $ 261,651 $ 329,941 $ 68,290 +26.1% Fund 502 Insurance - Active Employees -tc Year Revenues and Transfers In by Cate 024 Revenues 2025 Revenues 2026 Revenues hrough January through January through January Employer Trust Contributions Employee Voluntary Contributions Employee Mandatory Contributions Investment Earnings 517,525 $ 6,813 18,076 542,293 $ 4,166 26,125 16,504 544,273 $ 7,283 28,245 20,074 1,980 3,117 2,120 3,570 Total Expenditures and Transfers Out Revenues and Transfers In $ 542,414 $ 589,088 $ 599,875 $ 10,787 +1.8% Fund 502 Prior Year Comparisons YTD $100 $200 $300 $400 $500 $600 $700 Thousands 2024 2025 ■ 2026 94 City of Tukwila Monthly Finance Report 58 Insurance - LEOFF 1 Retirees Overview 2026 thr ugh Janua Revenues Expenditures Transfers Out 35,482 $ 22,689 1,215 474,514 585,268 14,635 7.5% 3.9% 8.3% Net Revenues Less Expenditures $ 11,578 $ (125,389) of Year Complete 8.3% City of Tukwila Monthly Finance Report 59 95 Fund 503 Insurance - LEOFF I Retirees Expenditures and Transfers Out by Category Category 2026 Total Budget • 2026•Eripenses..•udgence ...through January " Self Insurance Medical Claims Dental Claims Prescription Claims Vision Claims TPA Admin Fees Excess Loss Premium Long Term Care Out of Pocket Medicare Plan B Contracted Services Transfers Out - Internal Cost Allocation 156,000 $ 45,000 176,430 4,596 13,116 25,126 85,000 15,000 60,000 5,000 14,635 1,654 $ 6,586 378 2,538 5,122 6,410 1,215 154,346 38,414 176,430 4,218 10,578 20,004 78,590 15,000 60,000 5,000 13,420 1% 15% 0.0% 8.2% 19% 20% 8% 0% 0% 0% 8% Total $700 a $600 $500 $400 $300 $200 $100 $- $ 599,903 $ Fund 503 Expenditures and Transfers Out 2026 Expenditures YTD 23,903 $ 576,000 2026 Total Budget 4.0"Yo % of Year Complete 8.3% Revenues and Transfers In by Category Category 2026 Revenues 2026 Total Budget through January Budgea Employer Trust Contributions Investment Earnings Total Thousands $500 $450 $400 $350 $300 $250 $200 $150 $100 $50 $- 474,000 $ 514 474,514 $ Fund 503 Revenues 2026 Revenues YTD 34,156 $ 1,326 35,482 $ 2026 Total Budget (439,844) 812 (439,032) 7.2% 258.0% 7.5% % of Year Complete 8.3% 96 City of Tukwila Monthly Finance Report 60 Fund 503 Insurance - LEOFF I Retirees Year -to -Year Expenditures & Transfers Out by Gatego Catego 2024 Expenses 2025 Expenses 2026 Expenses through January through January through January 26 02 Self Insurance Medical Claims Dental Claims Prescription Claims Vision Claims TPA Admin Fees Excess Loss Premium Long Term Care Transfers Out - Internal Cost Allocation 8,987 $ 2,284 11,694 201 1,279 1,422 11,664 1,108 4,870 $ 2,188 4,616 1,219 1,979 6,114 1,156 1,654 $ 6,586 378 2,538 5,122 6,410 1,215 (3,216) 4,398 (4,616) 378 1,319 +108.2% 3,143 +158.8% 296 +4.8% 59 +5% -66.0% +201.0% -100.0% Total $ 47,720 $ 22,142 $ 23,903 $ 1,761 +8.0% Fund 503 Insurance - LEOFF I Retirees r-to-Year Revenues and Transfers In by Catego 2024 Revenues 2025 Revenues 2026 Revenues through January through January through January Employer Trust Contributions Investment Earnings 28,596 $ 518 34,156 $ 62 34,156 $ 1,326 0% 1,264 +2038.7% Total Expenditures and Transfers Out Revenues and Transfers In 29,114 $ 34,218 $ Fund 503 Prior Year Comparisons YTD 35,482 $ 1,264 +3.7% $10 $20 $30 $40 $50 $60 Thousands 2024 2025 • 2026 City of Tukwila Monthly Finance Report 61 97 Depository CASH & CASH EQUIVALENTS US Bank Operating Cash Washington State Treasurer Columbia (Umpqua) Bank CITY OF TUKWILA Cash and Investment Details CASH & INVESTMENT REPORT January 31, 2026 Investment Maturity Type Date Depository LGIP Investment Pool Money Market (b) (b) (b) Balance (d) Current Annualized Rate Return 5,061,382 0.49% 24,801 (e) 66,600,348 3.78% 2,514,430 (f) 17,914,623 4.01% 718,376 (f) Total Cash & Cash Equivalents 89,576353 3.64% Agency / Issuer INVESTMENTS Rating (a) Investment Purchase Maturity Term Type Date Date Yrs. Face Value 257,607 (g) (c) Yield to Annualized Maturity Return Agencies Federal Home Loan Bank Aaa US agency 02/2021 02/2026 0.0 1,000,000 0.63% 6,250 Federal Farm Credit Bank Aaa US agency 06/2021 06/2026 0.3 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 1.3 1,000,000 3.59% 35,900 TOTAL AGENCIES Taxable Municipal Bonds Metro Oregon GO Taxable King County WA GO Taxable Bellevue WA GO Taxable 6,000,000 1.90% 114,100 AAA LTGO 06/2021 06/2026 0.3 1,000,000 0.83% 32,500 03/2022 12/2026 0.8 1,000,000 2.33% 14,000 04/2022 12/2026 0.8 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 (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 $282,813 Agencies, 6% Money Market, 18% $ 98,576,353 3.48% $ 3 432,577 Current Portfolio Yield Current Portfolio Allocation Municipal Bonds, 3% Cash, 5% Ns_LGIP, 68% 98 CITY OF TUKWILA Policy Compliance & Liquidity Analysis CASH & INVESTMENT REPORT January 31, 2026 Cash & Investments Funds immediately available - US Bank, State LGIP, Money market Fixed Maturity Investments, maturing in: 0-90 days after Report Date 91-180 days after Report Date 181-270 days after Report Date 271-360 days after Report Date Total Investments maturing in 1 year or less Investments maturing in more than 1 year and less than 10 years. Total Cash & Investments Financial Institution Diversification US Bank Columbia (Umpquah) Bank State LGIP Investments in US Government and other non- financial institutions Total Investment Mix Depository (USBank) State Investment Pool Umpquah US Agency Municipal Bonds Total s s, ti ?yam Weighted Average Maturities: Funds Immediately Available Government Agency bonds Municipal bonds Total WAM POLICY MAXIMUM Policy Met? Portfolio Amount $ 89,576,353 1,000,000 3,000,000 4,000,000 8,000,000 1,000,000 $ 98,576,353 Portfolio Amount $ 5,061,382 17,914,623 66,600,348 9,000,000 $ 98,576,353 Portfolio Amount 5,061,382 66,600,348 17,914,623 6,000,000 3,000,000 98, 576, 353 MaSSMV Years 0.0 0.6 0.7 0.1 2.0 Yes Note: Funds immediately available are not factored into the Portfolio Investments weighted average maturity. As of Report Date Available Within 1 Year $ 89,576,353 8,000,000 $ 97,576,353 99% of Total 5.1 % 18.2% 67.6% Available Within 5 Years $ 89,576,353 8,000,000 1,000,000 $ 98,576,353 100% Y OMI TT a ` POLICY Policy MAXIMUM Met? insured by PDPC Yes 20% Yes 100.0% Yes 9.1% varies see below Yes 100.0% % of Total 5.1 % 67.6% 18.2% 6.1 % 3.0% 100.0% POLICY Policy MAXIMUM Met? insured by PDPC Yes 100% Yes insured by PDPC Yes 100% Yes 30% Yes Performance Analysis Current portfolio yield 3.482% Benchmarks: 2 year treasury 3.539% 3 year treasury 3.601 % 5 year treasury 3.794% 99