HomeMy WebLinkAboutCOW 2020-11-09 Item 4D - COVID-19 - Financial Impact ReportITEM INFORMATION
STAFF SPONSOR: VICKY CARLSEN ORIGINAL AGENDA DATE: 11/09/20
AGENDA ITEM TITLE November Financial Update including COVID related data
CATEGORY Motion Resolution Ordinance Bid Award Public Hearing Other Discussion
Mtg Date 11/9/20 Mtg Date Mtg Date Mtg Date Mtg Date Mtg Date Mtg Date
SPONSOR Council Mayor HR DCD Finance Fire TS P&R Police PW Court
SPONSOR’S
SUMMARY
General fund financial update including report out on COVID specific financial impacts as
required in Resolution No. 1987
REVIEWED BY Trans&Infrastructure CommunitySvs/Safety Finance Comm. Planning/Economic Dev.
LTAC Arts Comm. Parks Comm. Planning Comm.
DATE: COMMITTEE CHAIR:
RECOMMENDATIONS:
SPONSOR/ADMIN. Finance
COMMITTEE
COST IMPACT / FUND SOURCE
EXPENDITURE REQUIRED AMOUNT BUDGETED APPROPRIATION REQUIRED
$ $ $
Fund Source:
Comments:
RECORD OF COUNCIL ACTION
MTG. DATE ATTACHMENTS
11/09/20 Informational Memorandum dated 11/09/20
COUNCIL AGENDA SYNOPSIS
----------------------------------Initials --------------------------------- ITEM NO.
Meeting Date Prepared by Mayor’s review Council review
11/09/20 Vicky
MTG. DATE
11/09/20
4.D.
53
54
City of Tukwila
Allan Ekberg, Mayor
INFORMATIONAL MEMORANDUM
TO: Finance Committee
FROM: Vicky Carlsen, Finance Director
BY: Jeff Friend, Fiscal Manager
CC: Mayor Ekberg
DATE: November 9, 2020
SUBJECT: General Fund Budget-to-Actuals and COVID-19 Impact Report and
Update to Budget Impacts due to COVID-19
Summary
Resolution 1987 directed financial reporting on COVID-19 impacts twice a month. This report
reflects the following:
- General fund:
o Revenues and Fund Balance as of August 31, 2020
o Expenditures as of September 30, 2020
- Capital projects funds:
o Revenues as of September 30, 2020
o Expenditures as of September 30, 2020
The purpose of the general fund budgets to actuals report is to summarize for the City Council
the general state of revenues and expenditures and to highlight significant items. The following
provides a high-level summary of the general fund financial performance and includes select
capital project funds.
As year-end 2020 approaches, the focus of this report is shifting from a year-to-date
budget-to-actual emphasis to a focus on year-end projections and estimate for ending fund
balance. Projected actuals for year-end are included in this report in place of the “Revised Budget
(COVID-19)” from past reports. The projected actuals include the most recent projections that
were also included in the 2021-2022 proposed biennial budget. The amended budget noted
throughout the report includes the original adopted budget and mid-biennium budget amendments
approved in 2019.
In the report on the next page, General Fund revenues and expenditures are reflected through
August 31st. To provide the most up-to-date information, we have provided expenditure details
through September 30th on a separate chart on page 5 of this report.
The General Fund Report is based on financial data available as of October 27, 2020.
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INFORMATIONAL MEMO
Page 2
Revenues, Expenditures, and Fund Balance
CITY OF TUKWILA
GENERAL FUND
As of August 31, 2020
2019
Year-to-Date
Actuals
Amended
Annual
Budget
Projected
Year-End
Actuals
Year-to-Date
Actuals
Projected
vs. YTD
Actual**
Percent of
Projected
Year-End
Revenue
General Revenue
Property Taxes 8,393,715$ 16,416,911$ 16,306,453$ 8,759,404$ 7,547,049$ 53.7%
Retail Sales Tax 12,599,490 19,910,676 16,210,000 10,171,629 6,038,371 62.7%
Use Tax 475,214 690,000 745,000 544,254 200,746 73.1%
Admissions Tax 658,461 870,000 550,000 331,462 218,538 60.3%
Utility Taxes 2,476,001 4,374,610 3,444,000 2,787,565 656,435 80.9%
Interfund Utility Tax 1,806,247 2,412,000 2,083,000 1,364,085 718,915 65.5%
Gambling/Excise Taxes 3,005,411 4,426,000 2,337,021 1,960,199 376,822 83.9%
Total General Revenue 29,414,539 49,100,197 41,675,474 25,918,598 15,756,876 62.2%
Licenses and Permits
Business Licenses & Permits 3,057,800 4,612,400 3,515,000 3,390,576 124,424 96.5%
Rental Housing License 36,245 45,000 45,000 41,685 3,315 92.6%
Building Permits and Fees 1,324,164 2,127,494 2,318,550 1,087,091 1,231,459 46.9%
Total Licenses and Permits 4,418,209 6,784,894 5,878,550 4,519,352 1,359,198 76.9%
Intergovernmental Revenue
Sales Tax Mitigation 433,822 - - - - -
Seattle City Light Agreement 1,600,730 2,470,000 2,300,000 1,571,868 728,132 68.3%
State Entitlements 319,337 446,250 471,088 389,782 81,306 82.7%
Grants 349,642 1,006,117 1,286,441 215,018 1,071,423 16.7%
Total Intergov't Revenue 2,703,531 3,922,367 4,057,529 2,176,667 1,880,862 53.6%
Charges for Services
General Government 37,482 58,532 24,694 19,002 5,692 77.0%
Security 1,039,103 1,622,000 989,405 864,083 125,322 87.3%
Transportation 42,363 79,000 64,000 2,774 61,227 4.3%
Plan Check and Review Fees 1,033,553 1,168,675 939,019 508,809 430,210 54.2%
Culture and Rec Fees 355,981 601,000 84,221 59,535 24,686 70.7%
Total Charges for Services 2,508,482 3,529,207 2,101,339 1,454,203 647,136 69.2%
Fines and Penalties 108,823 291,718 114,129 74,122 40,007 64.9%
Miscellaneous Revenue 901,695 1,214,156 855,493 670,867 184,626 78.4%
Indirect cost allocation 1,697,096 2,637,288 2,637,288 1,758,193 879,095 66.7%
Ongoing Revenue 41,752,376 67,479,827 57,319,802 36,572,002 20,747,800 63.8%
Transfer from Contingency - - 700,000 - 700,000 0.00%
Transfer from Urban Renewal - 200,000 400,000 - 400,000 0.00%
Total Revenue 41,752,376 67,679,827 58,419,802 36,572,002 21,847,800 62.6%
Variance2020
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INFORMATIONAL MEMO
Page 3
The City’s financial reserve policy states that unreserved general fund ending fund balance shall
equal or exceed 18% of the previous year general fund revenue. Projected ending fund balance
exceeds the balance of $11,598,531 required by the City’s reserve policy by $32,819.
For the 2021-2022 biennial budget, staff is recommending a conservative approach of maintaining
an unreserved fund balance 18% required by the reserve policy based on the 2019 requirement.
This conservative approach will reduce the amounts to be contributed to the fund balance in future
years as the required balance will increase along with higher revenues.
Total General Fund revenue through August 31st was $36.6 million. In order to meet year-end
revenue projections, the City will need to receive $21.9 million more in revenue over the final four
months of the year.
Expenditures
City Council 243,464 439,772 342,625 229,838 112,787 67.1%
Mayor's Office 1,545,425 2,652,852 2,264,430 1,495,344 769,086 66.0%
Administrative Services 1,261,675 2,180,956 2,004,121 1,279,096 725,025 63.8%
Finance 1,704,043 2,753,260 2,455,838 1,711,563 744,275 69.7%
Legal 376,890 710,730 640,650 349,016 291,634 54.5%
Recreation 2,224,214 3,354,374 2,491,792 1,691,877 799,915 67.9%
Parks Maintenance 1,121,637 1,656,398 1,551,770 1,022,702 529,068 65.9%
Community Development 2,388,966 3,611,354 3,059,742 2,057,895 1,001,847 67.3%
Court 848,921 1,330,951 1,271,031 838,344 432,687 66.0%
Police 12,213,480 19,194,006 17,374,568 11,646,550 5,728,018 67.0%
Fire 8,500,448 13,118,888 12,572,538 8,192,493 4,380,045 65.2%
Information Technology 1,314,216 2,099,687 1,895,154 1,087,972 807,182 57.4%
Public Works 2,492,543 4,043,635 3,538,340 2,376,205 1,162,135 67.2%
PW Street Maintenance 2,856,464 3,255,276 2,765,482 2,178,043 587,439 78.8%
Total Department Expenditures 39,092,386 60,402,139 54,228,081 36,156,937 18,071,144 66.7%
Transfers - Debt Service 1,830,993 3,637,190 3,570,421 1,918,215 1,652,206 53.7%
Transfers - Capital, Other 1,619,600 3,471,950 1,121,950 478,137 643,813 42.6%
Transfers - Contingency - 210,000 - - - 0.0%
Total Transfers 3,450,593 7,319,140 4,692,371 2,396,352 2,296,020 51.1%
Total Expenditures 42,542,979 67,721,279 58,920,452 38,553,289 20,367,164 65.4%
Change in Fund Balance (41,452) (500,651)
Beginning Fund Balance 13,828,530 12,132,001
Ending Fund Balance 13,787,078$ 11,631,350$
Percent of year completed: 66.7%
** This column reflects amounts needed to be collected/expended to meet year-end projections
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INFORMATIONAL MEMO
Page 4
Sales Tax
Sales tax revenue through August is $10.2 million. To meet the year-end projection of $16.2
million the City is expected to collect an additional $6.0 million by year-end. It should be noted
that some August sales tax revenue was included in the previous report. Sales tax revenue is
now reflected in full through August 31st.
Sales tax revenues continues to be impacted by COVID-19, but has been recovering faster than
originally expected. The chart below graphically compares sales tax revenue in 2020 to last year.
The table below compares 2019 to 2020 monthly sales tax revenues. While sales tax revenues
are exceeding the pandemic budget forecasts, actual sales tax revenues continue to trail prior
year with double digit declines.
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2,000,000
Jan Feb Mar Apr May Jun Jul Aug
Sales Tax Revenue 2019 vs. 2020 YTD
2019 2020
Sales Tax Revenues 2019 2020 $ Change % Change
Jan 1,376,700 1,478,671 101,972 7.4%
Feb 1,321,327 1,147,961 (173,367)-13.1%
Mar 1,700,887 1,325,708 (375,179)-22.1%
Apr 1,543,385 991,702 (551,684)-35.7%
May 1,541,774 1,156,386 (385,388)-25.0%
Jun 1,870,205 1,230,374 (639,831)-34.2%
Jul 1,686,655 1,524,692 (161,963)-9.6%
Aug 1,659,599 1,408,596 (251,003)-15.1%
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INFORMATIONAL MEMO
Page 5
Expenditures
To provide the most up-to-date information possible, general fund expenditures have been
updated through September 30th in the following chart. Expenditures totaled $43.5 million through
September 30th. Departments project to expend approximately $15.5 million additional before the
end of the year.
Overtime
Police and Fire accounted for $838 thousand of the $870 thousand of overtime expenditures
through September. The public safety departments began the year with overtime at pre-pandemic
levels and reduced their overtime when budget constraints were introduced in March 2020.
Increased overtime in May, June and July were the results of maintaining minimum staffing levels
in the fire department as well as some overtime incurred related to the lootings and protests
occurring in the City. It should also be noted that some contractual overtime incurred by the Police
department is reimbursable and the City is currently working those calculations.
CITY OF TUKWILA
GENERAL FUND
As of September 30, 2020
2019
Year-to-Date
Actuals
Amended
Annual
Budget
Projected
Year-End
Actuals
Year-to-Date
Actuals
Projected
vs. YTD
Actual**
Projected
vs. YTD
Actual
Expenditures
City Council 272,796 439,772 342,625 258,067 84,558 75.3%
Mayor's Office 1,747,753 2,652,852 2,264,430 1,679,370 585,060 74.2%
Administrative Services 1,397,134 2,180,956 2,004,121 1,423,106 581,015 71.0%
Finance 1,864,726 2,753,260 2,455,838 1,887,133 568,705 76.8%
Legal 428,092 710,730 640,650 400,113 240,537 62.5%
Recreation 2,470,133 3,354,374 2,491,792 1,868,302 623,490 75.0%
Parks Maintenance 1,273,574 1,656,398 1,551,770 1,137,027 414,743 73.3%
Community Development 2,672,359 3,611,354 3,059,742 2,296,490 763,252 75.1%
Court 957,885 1,330,951 1,271,031 937,779 333,252 73.8%
Police 13,867,589 19,194,006 17,374,568 12,911,271 4,463,297 74.3%
Fire 9,516,121 13,118,888 12,572,538 9,196,619 3,375,919 73.1%
Information Technology 1,444,167 2,099,687 1,895,154 1,206,699 688,455 63.7%
Public Works 2,791,322 4,043,635 3,538,340 2,663,021 875,319 75.3%
PW Street Maintenance 3,170,885 3,255,276 2,765,482 2,332,679 432,803 84.3%
Total Department Expenditures 43,874,537 60,402,139 54,228,081 40,197,674 14,030,407 74.1%
Transfers - Debt Service 2,746,490 3,637,190 3,570,421 2,704,357 866,064 75.7%
Transfers - Capital, Other 1,694,600 3,471,950 1,121,950 553,137 568,813 49.3%
Transfers - Contingency - 210,000 - - - 0.00%
Total Transfers 4,441,090 7,319,140 4,692,371 3,257,494 1,434,878 69.4%
Total Expenditures 48,315,627 67,721,279 58,920,452 43,455,168 15,465,285 73.8%
Percent of year completed: 75.0%
** This column reflects amounts needed to be collected/expended to meet year-end projections
Variance2020
59
INFORMATIONAL MEMO
Page 6
Lootings
Twenty-six businesses were broken into at the end of May and beginning of June. The mass
lootings required a strong police presence that resulted in overtime costs. Fire staff were also on
standby while Public Works incurred some costs related to closing streets.
Transfers
The transfers line includes budgeted transfers for debt service and certain capital projects.
Transfers through September account for only 44.5% of the amended budget. It should be noted,
because of existing funds in the PW Shops fund, no transfers from the general fund for this project
have been required to date. The proposed 2021-2022 biennial budget includes a plan to finance
the general fund portion of this project rather than utilizing a pays-as-you go approach.
COVID Expenditures
General Fund expenditures related to the COVID-19 pandemic began to be incurred in March.
These expenditures totaled $661,285 through September 30th and are reported by department in
the schedule below. COVID related expenditures in salaries and benefits include time dedicated
to the emergency operations center (EOC) as well as time spent analyzing the financial impacts
of the pandemic. Overtime and supplies are for time outside of normal operations spent in the
EOC as well as time responding directly to COVID-19 related activities. Supplies are for additional
PPE and disinfectant supplies.
Unbudgeted costs can be applied against CARES Act funding or FEMA funding and will not affect
ending fund balance. Budgeted salaries and benefits for time that has been redirected to
responding to the pandemic could qualify for reimbursement from CARES Act funding. Any
reimbursement for budgeted salaries and benefits would reduce the need for contingency funds
because the City had not received confirmation that CARES Act funding would be available.
Reimbursement of these costs were not included in the proposal to close the $10.2 million
revenue gap.
BUDGETED UNBUDGETED BUDGETED UNBUDGETED
Department
Salaries and
Benefits Overtime
Salaries and
Benefits Overtime Total
Police -$ 24,994$ -$ 36,573$ 61,567$
Fire - 435 - 1,003 1,438
Street Maintenance - - 2,064 - 2,064
Total -$ 25,429$ 2,064$ 37,576$ 65,069$
MAY JUNE
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INFORMATIONAL MEMO
Page 7
In addition to COVID spending in the general fund, the Public Safety Plan has incurred
approximately $650 thousand to date in costs directly related to the pandemic. Because these
costs are associated with COVID-19, the City is able to request reimbursement from CARES Act
funding to cover these costs. It should be noted that the change orders specific to COVID-19
were funded with contingency that is built into the project budgets. The change orders are not
increasing the total budget allocated to each project.
BUDGETED
Department Salaries and
Benefits
Overtime
and Benefits
Supplies Department
Total
General Fund
Council 1,784$ -$ 393$ 2,177$
Mayor 79,081 - 314 79,395
Admin Services 40,302 - 488 40,790
Finance 39,434 386 825 40,644
Recreation 321,161 - 18,460 339,621
DCD 3,712 - 1,483 5,195
Court 114 137 4,566 4,816
Police 25,239 4,379 11,949 41,568
Fire 32,606 8,318 13,458 54,382
TIS 390 - 45 435
Public Works 6,673 318 13,895 20,886
Park Maintenance 31,376 - - 31,376
Street Maintenance - - - -
Total General Fund 581,870$ 13,538$ 65,877$ 661,285$
UNBUDGETED
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INFORMATIONAL MEMO
Page 8
COVID-19 Related Grants Available to the City
There are several grant opportunities now available to the City to offset some of the costs incurred
related to the pandemic. Below is a chart listing grant opportunities as well as what the funds
may be used for. It should be noted that all the grants are reimbursement and cannot be used to
offset loss of revenue.
The State released information on the 2nd round of CARES Act funding. The City has been notified
that we will receive an additional $313,950 for total CARES Act funding of $941,850.
Grant Amount Eligible Uses Status
CARES Act
through Dept. of
Commerce
$941,850 - Expenditures incurred
directly related to
responding to COVID-19
(supplies, overtime,
regular time that has
substantially shifted focus
to the pandemic,
unemployment, etc.)
- Providing economic support
to those suffering from
unemployment
- Providing economic support
to business interruptions
Contract has been
signed and returned to
Department of
Commerce for full
execution
FEMA No cap, reimburses
75% of expenditures
not covered with
other resources
Unbudgeted expenditures incurred
directly related to responding to
COVID-19
Contract completed.
Can submit for
reimbursement at any
time
FEMA -
CARES
To be determined Assistance to food pantry In process
King County $31,965 Assistance to small businesses On June 19th, the City
was notified that we
are eligible to receive
$31,965. On August
3, 2020, the Planning
& Economic
Development
Committee authorized
staff to accept the
grant and use the
funds for direct grants
to very small
businesses with a
focus on the Tukwila
International Blvd.
area
CESF – Dept.
of Justice
Assistance
$49,000 Expenditures incurred directly
related to responding to COVID-
19
Grant has been
awarded. Contract is
being processed
EFSP
Emergency
City of Tukwila does
not qualify for this
grant
Supplement existing emergency
food & shelter program
Forwarded to TCS
and Tukwila Pantry
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INFORMATIONAL MEMO
Page 9
Food & Shelter
Prog
HungerCorps
VISTA
AmeriCorps
Four VISTA
AmeriCorps
HungerCorps
students. Value:
35,500
HungerCorps will assist
Recreation staff to distribute food
as part of the mobile recreation
program
Contract awarded
Port of Seattle $20,930 total grant
application
Application included residential
component within digital media
program to grow tourism,
development attraction, etc.
Suggestion has been made to
revise application to focus more
on business recovery and direct
$7,000 of the total $20,930
application to business recovery.
Additional information can be
found in item 1a on the July 6,
2020 Planning & Economic
Development Committee meeting
Recommended
revisions approved by
Planning & Economic
Development
Committee on July 7,
2020
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INFORMATIONAL MEMO
Page 10
Selected Capital Projects Funds
Financial analysis regarding the impacts of the COVID-19 pandemic include ongoing review of
certain capital projects funds including residential streets (fund 103), arterial streets (fund 104),
and general government improvements (fund 303). The narrative below highlights planned capital
projects along with decisions that have already been made and decision points for future
meetings. The narrative is followed by financial statements reflecting activity through August 31,
2020. The statements have been reformatted to focus on projected year-end rather than a budget
to actual comparison.
Residential Streets
The most impactful issue in this fund relates to the 42nd Ave S and 53rd Ave S roadway projects.
Both projects are completed and are awaiting final closeout and payments to contractors. Project
costs for 2020 have been updated to reflect final estimated costs. At this time, a budget
amendment will be required in order to provide enough funding to pay for the final costs
associated with these two projects. The solution identified will not negatively affect the general
fund.
The proposed budget amendment includes two transfers into this fund. A transfer of $400
thousand from the urban renewal fund. Prior year land sale revenue is available for one-time
projects. Additionally, the amendment will reallocate the solid waste utility tax revenue (funds
dedicated to road projects) to these two projects. Funds were originally committed to the 42 nd
Ave S Bridge project for 30% design that was expected to be completed earlier this year. It is
now expected that these costs will be incurred in 2021, if approved in the proposed 2021-2022
biennial budget.
Arterial Streets
42nd Ave S Bridge: The City Council authorized funding of up to $1 million ($320 thousand
general fund, $680 thousand solid waste utility tax) for 30% design. If approved, most of the cost
associated with this project will be incurred in 2021. With the delay in design, the solid waste
utility tax revenue will be reallocated to the residential street fund in 2020. This will be included
in the 2020 budget amendments.
S 119th St Ped Bridge painting: Not funding this project will only delay the project, not cancel it.
There is a limited window of opportunity to paint the bridge due to weather and fish cycles. This
project has now been scheduled for 2024 and is included in the proposed Capital Improvement
Program.
Overlay: At the June 8, 2020 Committee of the Whole meeting, there was Council consensus to
move forward with the recommendation from the Transportation & Infrastructure Committee to
fund the two highest priority overlay projects. Overlay has been completed for 2020 and is in the
closeout process.
General Government Improvement
Siding repair at TCC: this project is underway and an update on the project will be provided at a
later date.
Facilities Study: This project is also funded out of the general government improvement. Staff is
reworking the scope of this project per comments received from City Council at the June 8, 2020
Committee of the Whole meeting.
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INFORMATIONAL MEMO
Page 11
2019
Amended
Annual
Budget
REVENUE:
General Revenue
Solid Waste/Recycling Utility Tax - - 550,000 40,651 509,349 7.4%
Total Intergovernmental Revenue - - 550,000 40,651 509,349 0
Intergovernmental Revenue
Indirect Federal - SRTS - 3,454,000 - - - 0%
State Grant - Macadam 981,968 1,847,000 - - - 0%
State Entitlements - MVFT Cities 216,434 290,000 170,000 192,580 (22,580) 113.3%
Total Intergovernmental Revenue 1,198,402 5,591,000 170,000 192,580 (22,580) 113.3%
Miscellaneous Revenue
** Charges for services 608,227 - - 134,682 (134,682) 0.0%
Investment earnings 1,860 20,000 - - - 0.0%
Total Miscellaneous Revenue 610,087 20,000 - 134,682 (134,682) 0.0%
Transfers In 1,300,000 100,000 400,000 - 400,000 0.0%
Total Revenues 3,108,489 5,711,000 1,120,000 367,913 752,087 32.8%
EXPENDITURES:
46thAve Safe Routes to School - 1,832,000 - - - 0.0%
Macadam Rd S Complete Street - 1,847,000 - - - 0.0%
S 152nd St Safe Routes to School - 1,622,000 - - - 0.0%
Traffic Calming/Residential Safety 112,524 400,000 50,000 52,399 (2,399) 104.8%
53rd Ave S 2,178,409 - 500,000 235,717 264,283 47.1%
42nd Ave S Ph III Wetland Monitoring - - 3,011 3,518 (507) 116.8%
42nd Ave S Phase III (SC Blvd-160)1,119,307 - 593,763 347,480 246,283 58.5%
Interfund Loan Repayment - - 0.0%
Total Expenditures 3,410,241 5,701,000 1,146,774 639,114 507,660 55.7%
Change in fund balances 10,000 (26,774)
Beginning Fund Balance 51,544 141,586
Ending Fund Balance - 61,544 114,812
** This column reflects amounts needed to be collected/expended to meet year-end projections
City of Tukwila
Residential Street Fund 103 - Revenue and Expenditures
Year-to-Date as of September 30, 2020
Projected vs.
YTD Actual**
Percent of
Projected
Year-End
Actual Year-to-
Date Actual
Projected Year-
End
2020
Actuals through
September 30
65
INFORMATIONAL MEMO
Page 12
2019
Amended
Annual
Budget
REVENUE:
General Revenue
Parking Tax 258,630 470,000 200,026 167,833 32,193 83.9%
MVFT Cities 110,165 137,000 92,483 99,280 (6,797) 107.3%
Real Estate Excise Taxes 299,579 500,000 500,000 172,628 327,372 34.5%
Total General Revenue 668,374 1,107,000 792,509 439,740 352,769 55.5%
Charges for Services
Park impact Fees 711,069 300,000 - - - 0.0%
Traffic Impact Fees 409,848 213,000 70,564 80,724 (10,160) 114.4%
Total Charges for Services 1,120,917 513,000 70,564 80,724 (10,160) 114.4%
Intergovernmental Revenue
Federal Grants 1,190,664 6,724,000 2,811,834 142,506 2,669,328 5.1%
State Grants - 2,253,000 160,000 130,577 29,423 81.6%
Total Charges for Services 1,190,664 8,977,000 2,971,834 273,083 2,698,751 9.2%
Miscellaneous Revenue
Investment earnings 39,652 20,000 20,000 12,680 7,320 63.4%
Contributions/Donations 4,900 30,000 17,533 11,000 6,533 62.7%
Total Miscellaneous Revenue 44,552 50,000 37,533 23,680 13,853 63.1%
Total Revenues 3,024,506 10,647,000 3,872,440 817,228 3,055,212 21.1%
EXPENDITURES:
Overhead (Salaries & Benefits)190,344 485,382 - 195,900 (195,900) 0.0%
Wetland Monitoring (various) 127 - 40,000 25,952 14,048 64.9%
BAR over Airport Way Seismic Retrofit 307,719 2,614,000 1,441,000 103,150 1,337,850 7.2%
TIB Channelization Study 12,082 - 19,920 19,920 0 100.0%
Transportation Comp Element Plan - 200,000 1,338 198,662 0.7%
TUC Ped/Bicycle Bridge 272,447 - 1,505 1,505 (0) 100.0%
Boeing Access Road Bridge Rehab 1,178,456 - 16 16 - 100.0%
Strander Boulevard Extension 140,735 877,566 625,000 2,795 622,205 0.4%
S 140th St Intersection Improvements 241,316 - - - - 0.0%
S 144th ST Phase II 19,753 - 161 95,872 (95,711) 59547.9%
S 196th/200th St Bridge 97,118 - 1,304 17,850 (16,546) 1368.9%
West Valley Highway 4,191 3,195,000 509,000 276,861 232,139 54.4%
42nd Ave S Bridge Replacement 18,652 1,600,000 200,000 3,146 196,854 1.6%
Annual Overlay 1,157,713 1,400,000 517,000 181,028 335,972 35.0%
Annual Bridge Inspections 28,990 335,000 335,000 5,250 329,750 1.6%
Annual Traffic Signals - 125,000 62,000 3,852 58,148 6.2%
Other Misc. Capital Projects 59,287 792,000 2,025 7,015 (4,990) 346.4%
Transfer Park Impact Fees to 301 - - 675,106 - 675,106 0.0%
Total Expenditures 3,728,930 11,423,948 4,629,037 941,451 3,687,586 20.3%
Change in fund balances (776,948) (756,597)
Beginning Fund Balance 1,187,826 2,083,854
Ending Fund Balance 410,878 1,327,257
** This column reflects amounts needed to be collected/expended to meet year-end projections
Percent of
Projected
Year-End
2020
Year-to-Date as of September 30, 2020
City of Tukwila
Arterial Street Fund 104 - Revenue and Expenditures
Projected Year-
End
Actual Year-to-
Date Actual
Projected vs.
YTD Actual**
Actuals through
September 30
66
INFORMATIONAL MEMO
Page 13
2019
Amended
Annual
Budget
REVENUE:
Miscellaneous Revenue
Investment earnings 8,409 500 4,000 3,999 (1) 100.0%
Total Miscellaneous Revenue 8,409 500 4,000 3,999 (1) 100.0%
Transfers In 150,000 200,000 - - - 0.0%
Total Revenues 158,409 200,500 4,000 3,999 (1) 2.0%
EXPENDITURES:
City Hall Siding/Roof Repair - 50,000 - - - 0.0%
TCC Siding/Roof Repair - 100,000 128,601 - (128,601) 0.0%
2020 Facilities Study - 300,000 - - - 0.0%
Misc. Projects (including salaries & benefits)7,902 208,015 31,684 31,684 (0) 100.0%
Install No Parking Signs at 6200/6300 Bldg 6,518 2,026 2,026
6300 Bldg. Dry Fire Sprinkler System - 29,658 29,658
City Facilities Mitigation 1,384 - -
Total Expenditures 7,902 658,015 160,285 31,684 (128,601) 19.8%
Change in fund balances (457,515) (156,285)
Beginning Fund Balance 525,166 656,306
Ending Fund Balance 67,651 500,021
** This column reflects amounts needed to be collected/expended to meet year-end projections
City of Tukwila
General Government Improvements Fund 303 - Revenue and Expenditures
Year-to-Date as of September 30, 2020
Projected
Year-End
2020
Projected vs.
YTD Actual**
Percent of
Projected
Year-End
Actual Year-to-
Date Actual
Actuals
through
September 30
67