HomeMy WebLinkAboutCOW 2021-05-24 Item 4B - COVID-19 - Year-End Financial Impact ReportCOUNCIL AGENDA SYNOPSIS
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ITEMNO.
4.
Meeting Date
Prepared by
Mayor's review
Council review
05/24/21
Vicky
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ITEM INFORMATION
STAFF SPONSOR: VICKY CARLSEN
ORIGINAL AGENDA DATE: 5/24/21
AGENDA ITEM TITLE 2020 Year -End Financial Report
CATEGORY
0
Mtg
Discussion
Date 5/24/21
❑ Motion
Mtg Date
❑ Resolution
Mtg Date
❑ Ordinance
Mtg Date
❑ Bid _Award
Mtg Date
❑ Public Hearing
Mtg Date
❑ Other
Mtg Date
SPONSOR ❑ Council ❑ Mayor ❑ Admin Svcs ❑ DCD 11
Finance ❑ Fire ❑ P&R ❑ Police ❑ PW
SPONSOR'S COVID-19: 2020 Year -End Financial Results
SUMMARY
REVIEWED BY ❑ Trans&Infrastructure Svcs ❑ Community Svcs/Safety ❑ Finance & Governance ❑ Planning & Community 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:
MTG. DATE
RECORD OF COUNCIL ACTION
5/24/21
MTG. DATE
ATTACHMENTS
5/24/21
Informational Memorandum dated 5/24/21
9
10
TO:
CC:
City of Tukwila
Allan Ekberg, Mayor
INFORMATIONAL MEMORANDUM
City Council
Mayor Ekberg
FROM: Vicky Carlsen, Finance Director
BY: Aaron Williams, Fiscal Manager
DATE: May 24, 2021
SUBJECT: 2020 Year -End Financial Summary
ISSUE
The year-end financial report summarizes for the City Council the Citywide financial results and highlights
significant items or trends through 2020.
DISCUSSION
2020 was an unprecedented year due to the COVID-19 health emergency which negatively impacted local,
state, and national economies. The pandemic resulted in stay-at-home orders with businesses closing to
in-person activity for several weeks. Unemployment soared and many small businesses closed.
The City's main revenue sources: sales, gambling, utility, and admission taxes, as well as user fees for
recreation all declined. Initial estimates projected revenue losses could be as much as $12 million. In
response to the projected revenue losses, the City reduced the operating budget in several ways. Staffing
was reduced by freezing vacant positions, layoffs, furloughs, and pay reductions. Extra labor was virtually
eliminated, and overtime was reduced. Travel and non-essential training were eliminated, and low priority
programs were either reduced or eliminated. Each department performed a line -item budget scrub and
reduced everywhere possible.
Because the City took immediate steps and made the hard decisions early in the process, we were able to
meet, and exceed, fund balance policy for the general fund.
Highlights for 2020 are as follows:
• General Fund revenues totaled $60.6 million and expenditures totaled $60.4 million. Unreserved fund
balance in the General Fund ended the year at $12.6, exceeding reserve policy requirements by
$1.1 million.
• All General Fund departments finished the year under budget
• Enterprise funds exceed reserve balance requirements
• As part of the Public Safety Plan:
o Justice Center opened in September
o Fire Station 51 opened in September
11
INFORMATIONAL MEMO
Page 2
• Completed construction of 53rd Ave S, from S 137th St to S 144th St. Project included new street
improvements, drainage, curbs, gutters, driveway adjustments, new sidewalks, and
undergrounding of utilities
• Substantial completion of the Boeing Access Road over Airport Way bridge seismic retrofit. Project
utilized federal Bridge Replacement Advisory Committee (BRAC) funding at 86.5% for design and
100% for construction
• Began a 3 -year investment in the Southcenter Business District for extensive sewer rehabilitation
• Refunded outstanding 2010 LTGO bonds resulting in savings of over $66 thousand in future debt
service costs
• Reserve policy met or exceeded in general fund, contingency fund, enterprise funds, and employee
healthcare fund, sustaining healthy financial position
ATTACHMENTS
Year -End 2020 Financial Report
• Highlights of 2020
• General Fund financial reports
• Other Fund financial reports
12
CITY OF TUKWILA
2020 YEAR-END FINANCIAL REPORT
Highlights
General Fund and Contingency (Reserve) Fund
Revenue and Expenditures, Ending Fund Balance
General fund revenue was $60.6 million while general fund expenditures were $60.4 million. While revenue was
$9.4 million below budget, expenditures were below budget by $9.2 million. Ending fund balance for the general
fund is very close to the original adopted ending fund balance of $12.6 million, which exceeds reserve policy by
approximately $1.1 million.
$80,000
$70,000
$60,000
$50,000
j $40,000
0
t
~ $30,000
$20,000
$10,000
$-
14
General Fund
2020 Revenues & Expenditures
Budget vs Actual
$69,914 $69,602
$60,555
$60,404
Revenues Expenditures
■ 2020 Budget ■ 2020 Actual
General Revenues — Taxes
Sales and Use Tax
Combined sales and use taxes brought in $17.0 million in 2020 which is $3.5 million under the annual budget but
$81 thousand above the COVID projected budget. 2020 revenue represents a decline of 17% when compared to
the prior year Sales and Use tax revenues.
$22,000
$21,000 $20,493
0 $20,000
$19,000
s
~ $18,000
$17,000
$16,000
Sales Tax
$20,579
20,432 20,444
2018
2019
$20,511
$17,036
\- $16,955
2020
--Actual --Budget COVID Projection
Property Tax
For 2020, property tax revenue totaled $16.2 million; an increase of $706 thousand when compared to the prior
year. When compared to the annual budget, property taxes were $165 thousand below budget. The pandemic had
minimal effect on property tax revenue in 2020.
$17,000
$16,500
tn
16,000
t
$15,500
$15,000
$15,279
Property Tax
$15,923
$16,417
$15,177
2018
$15,546
2019
--Actual --Budget COVID Projection
$16,306
$16,252
2020
15
Utility Tax
For 2020, utility taxes were $662 thousand below budget with total revenue of $4.3 million. When compared to the
prior year, utility taxes increased by almost $600 thousand. Total revenue for 2020 exceeded the COVID projection
by $908 thousand primarily because businesses were able to reopen earlier than projected with higher indoor
capacities allowed.
$5,500
$5,000
▪ $4,500
ro
z
• $4,000
$3,500
$3,000
Utility Tax
$5,015
2018
2019
--Actual —8—Budget COVIDProjection
2020
Interfund Utility Tax was $2.15 million; $258 thousand under budget and a decline of $205 thousand compared to
the prior year. Surface water interfund utility tax was largely unaffected by the pandemic because these charges
are attached to property tax bills. Water and sewer were below budget due to businesses being closed during the
early weeks of the pandemic but exceeded COVID expectations by $71 thousand largely because businesses were
able to reopen earlier than projected with higher indoor occupancies.
$2,500
$2,400
0
$2,300
t $2,200
H
$2,100
$2,000
16
Interfund Utility Tax
$2,412
$2,373
$2,335
$2,359
$2,205
$2,154
1 $2,083
2018 2019 2020
--Actual --Budget COVIDProjection
Gambling Tax
Gambling and excise taxes totaled $2.68 million for the year, which is $1.7 million below the annual budget.
Gambling taxes exceeded the COVID projected budget by $346 thousand.
$5,000
$4,500
$4,000
vi $3,500
t
~ $3,000
$2,500
$2,000
Admissions Tax
Gambling and Excise Tax
$4,045
$3,909
$4,426 $4,426
$3,999
2018 2019 2020
— —Actual —Budget COVID Projection
$2,683
$2,337
Admissions tax totaled $208 thousand for the year, which is $661 thousand below the annual budget. Revenues
were down $748 thousand compared to the prior year, which represents a 78% decline. Admissions taxes were
significantly impacted by COVID-19 because movie theaters remained closed much longer than most other
businesses.
$1,200
$1,006
$1,000 •
$800 •
ra $774
$600
0
$400
$200
$-
Admissions Tax
$957
•
$850
•
$870
$550
$208
2018 2019 2020
—S—Actual — —Budget COVID Projection
17
General Revenues — Licenses and Permits
Business Licenses
Business license revenue totaled $4.7 million for the year, finishing $114 thousand above the annual budget.
Revenues were more than $1.3 million above 2019, which represents a 39% increase over the prior year.
$5,000
$4,500
$4,000
$3,500
0
t
~ $3,000
$2,500
$2,000
Business License Revenue
$2,835
$2,810
$3,547
$3,400
$4,727
$4,612
$3,5/5
2018 2019 2020
--Actua I —e—Budget COVID Projection
Building Permits
Revenue from Building Permits and Fees was $1.9 million which is $166 thousand below the annual budget. Total
revenue was below the COVID projections due to slowdown in permit issuance and delays in developers picking
up approved permits due to cash flow and/or construction timing issues for contractors.
$2,400
$2,200
$2,000
c $1,800
ro
o $1,600
1—
$1,400
$1,200
$1,000
18
Building Permits Revenue
$2,231
$2,116
$1,975
$1,445
$2,319
— $2,127
$1,961
2018 2019 2020
Actual Budget COVID Projection
Ongoing Expenditures
Departmental
Total Department expenditures for 2020 were $55.5 million, which is a decline of almost $3.3 million compared to
the prior year.
520.0
518.0
516.0
$14.0
$8.0
$6.0
$4.0
$2.0
$-
$10.0
$9.0
$8.0
$7.0
$6.0
$5.0
$4.0
$3.0
$2.0
$7.6
$6.7
518.0
$6.4
518.9
Departmental Expenditures
517.7
$12.4
$12.6
$12.9
Police Fire
■ 2018 ■ 2019 2020
Departmental Expenditures
$5.0
$4.6_ $4.2
1
Public Works/Streets Parks/Recreation
$3.5 $3.6 $3.3
DCD
■ 2018 ■ 2019 2020
$2.7 $2.5 $2.4
Mayor
$9.5
$8.7 $8.7
Support
19
By Category
Salaries and benefits were below budget by $3.7 million and declined by $770 thousand compared to the prior year.
All other General Fund expenditures totaled $18.5 million which was $5.4 million below the annual budget and a
decline of $4.1 million compared the prior year.
$45.0
$40.0
$35.0
$30.0
o $25.0
2 $20.0
$15.0
$10.0
$5.0
$-
20
$40.7
General Fund Expenditures- By Category
$42.7 $41.9
$21.8
$22.6
$18.5
Salaries and Benefits Supplies and Services
■ 2018 ■ 2019 2020
Fund Balance
General Fund
The General Fund ended 2020 with $12.6 million unreserved fund balance and exceeds reserve policy by
approximately $1.1 million. The fund balance policy states that fund balance in the general shall equal or exceed
18% of the previous year general fund revenue, exclusive of significant non-operating, non-recurring revenue.
The Contingency Fund ended the year with a fund balance of $6.45 million, which meets the fund balance policy
requirement. The fund balance policy states that fund balance in the general shall equal or exceed 10% of the
previous year general fund revenue, exclusive of significant non-operating, non-recurring revenue.
$16.0
$14.0
$12.0
$10.0
0
_ $8.0
$6.0
$4.0
$2.0
$-
General Fund, Contingency Fund Balances
General Fund
■ 2018 ■ 2019 2020
Contingiency Fund
FUND
General
Contingnecy
Ending Fund Balance $ 12,726,364 $
6,448,169
21
Other Funds
Capital Projects Funds
The City completed construction of 53rd Avenue South, from South 137th Street to South 144th Street, which
included new street improvements, drainage, curbs, gutters, and driveway adjustments. It also included new
sidewalks to this residential corridor, as well as undergrounding utility wires. The City issued bonds in a prior year
to cover the General Fund portion of the project, the bulk of the financing. Water, Sewer, and Surface Water fees
collected by the City paid for the corresponding utility improvements. A state Transportation Improvement Board
grant was also instrumental in the funding of this project.
The City also substantially completed construction of the Boeing Access Road over Airport Way Bridge Seismic
Retrofit Project with funding from the federal Bridge Replacement Advisory Committee (BRAC). BRAC funded
86.5% of design and 100% of construction.
Significant progress was made on all projects in the Public Safety Plan. Both the Justice Center and Fire Station
51 opened in September of 2020 and Fire Station 52 opened in early 2021. The Fire Department also purchased
2 vehicles, bunker gear, helmets, body armor, and some mobile data computers; all paid for by Public Safety Plan
funds.
Enterprise Funds
The City's reserve policy states that, at the close of each fiscal year, unrestricted balances in Enterprise funds shall
equal or exceed 20% of the prior year's revenue exclusive of the effects of GASB Statement 68 as well as significant
non-operating, non-recurring revenues. At the close of the 2020 fiscal year, the unrestricted fund balances of the
Enterprise funds comply with the City's reserve policy.
Healthcare fund
The Active Employees Insurance fund has an IBNR (incurred but not reported) reserve of 2.5 times the actuarily
determined IBNR exceeding the reserve policy requirement of 1.5 times the actuarily determined IBNR.
22
CITY OF TUKWILA
2020 YEAR-END FINANCIAL REPORT
General Fund
Financial Reports
GENERAL FUND REVENUE
CITY OF TUKWILA
Year to Date as of December 31, 2020
Row
SUMMARY BY REVENUE TYPE
BUDGET
ACTUAL
2020 ANNUAL
2018
2019
2020
2020 BDGT
VARIANCE to
ALLOCATED
BDGT
% CHANGE
% REC'D
2018/2019
2019/2020
1
PROPERTY TAX
$ 16,416,911
$ 15,177,011
$ 15,545,878
$ 16,251,567
$ (165,344)
99%
2%
5%
2
SALES TAX -RETAIL
19,910,676
19,894,509
19,916,461
16,310,144
(3,600,532)
82%
0%
(18)%
3
SALES TAX -CRIMINAL JUSTICE
600,000
598,300
662,161
725,890
125,890
121%
11%
10%
4
ADMISSIONS TAX
870,000
1,005,862
956,833
208,353
(661,647)
24%
(5)%
(78)%
5
UTILITY TAX
5,014,610
3,977,668
3,753,595
4,352,386
(662,224)
87%
(6)%
16%
6
INTERFUND UTILITY TAX
2,412,000
2,334,522
2,358,608
2,153,573
(258,427)
89%
1%
(9)%
7
GAMBLING & EXCISE TAX
4,426,000
3,908,742
3,998,515
2,682,681
(1,743,319)
61%
2%
(33)%
8
TOTAL GENERAL REVENUE
49,650,197
46,896,613
47,192,051
42,684,593
(6,965,604)
86%
1%
(10)%
9
BUSINESS LICENSES
4,612,400
2,835,458
3,399,729
4,726,731
114,331
102%
20%
39%
10
RENTAL HOUSING
45,000
64,895
39,523
50,483
5,483
112%
(39)%
28%
11
BUILDING PERMITS
2,127,494
1,975,101
2,115,648
1,960,999
(166,495)
92%
7%
(7)%
12
TOTAL LICENSES AND PERMITS
6,784,894
4,875,454
5,554,899
6,738,212
(46,682)
99%
14%
21%
13
SALES TAX MITIGATION
-
1,025,820
655,127
-
-
0%
(36)%
(100)%
14
FRANCHISE FEE
2,469,500
2,319,028
2,311,075
2,299,940
(169,560)
93%
(0)%
(0)%
15
GRANT REVENUE
1,571,016
1,032,141
770,078
1,080,530
(490,486)
69%
(25)%
40%
16
STATE ENTITLEMENTS
446,250
418,029
539,001
505,925
59,675
113%
29%
(6)%
17
INTERGOVERNMENTAL
558,639
577,243
561,318
559,209
570
100%
(3)%
(0)%
18
TOTAL INTERGOVERNMENTAL REVENUE
5,045,405
5,372,261
4,836,600
4,445,603
(599,802)
88%
(10)%
(8)%
19
GENERAL GOVERNMENT
59,532
29,512
58,494
28,580
(30,952)
48%
98%
(51)%
20
SECURITY
840,500
383,826
665,306
1,029,927
189,427
123%
73%
55%
21
TRANSPORTATION
79,000
36,214
(7,884)
3,441
(75,559)
4%
(122)%
(144)%
22
PLAN CHECK AND REVIEW FEES
1,168,675
1,166,212
1,511,497
760,500
(408,175)
65%
30%
(50)%
23
CULTURE AND REC FEES
621,000
526,771
525,919
41,731
(579,269)
7%
(0)%
(92)%
24
TOTAL CHARGES FOR SERVICES
2,768,707
2,142,534
2,753,332
1,864,178
(904,529)
67%
29%
(32)%
25
FINES & PENALTIES
430,718
291,293
244,709
177,019
(253,699)
41%
(16)%
(28)%
26
MISC
1,297,017
2,120,128
1,309,046
908,503
(388,514)
70%
(38)%
(31)%
27
INDIRECT COST ALLOCATION
2,637,288
2,325,643
2,545,644
2,637,289
1
100%
9%
4%
28
TOTAL OTHER INCOME
4,365,023
4,737,064
4,099,399
3,722,811
(642,212)
85%
(13)%
(9)%
29
TOTAL OPERATING REVENUE
68,614,226
64,023,926
64,436,282
59,455,398
(9,158,828)
87%
1%
(8)%
30
TRANSFERS IN
1,300,000
-
-
1,100,000
(200,000)
85%
0%
0%
31
TOTAL REVENUE
$ 69,914,226
$ 64,023,926
$ 64,436,282
$ 60,555,398
$ (9,358,828)
87%
0
(0)
Percent of year
24
100%
GENERAL FUND
CITY OF TUKWILA
GENERAL FUND EXPENDITURES
Year -to -Date as of December 31, 2020
Percent of year completed
100%
25
EXPENDITURES BY
DEPARTMENT
BUDGET
ACTUAL
COMPARISON OF RESULTS
2020
ANNUAL
2018
2019
2020
Budget vs Actual
OVER/(UNDER)
% CHANGE
EXPENDED
2018/
2019
2019/
2020
01
City Council
$ 445,312
$ 374,120
$ 381,903
$ 351,396
$ (93,916)
79%
2%
-8%
03
Mayor's Office
2,710,111
2,745,614
2,466,609
2,422,396
(287,715)
89%
-10%
-2%
04
Administrative Services
2,252,662
2,080,073
2,014,321
2,098,257
(154,405)
93%
-3%
4%
05
Finance
2,802,249
2,713,267
2,392,462
2,402,140
(400,109)
86%
-12%
0%
06
Attorney
710,730
982,922
654,866
640,785
(69,945)
90%
-33%
-2%
07
Recreation
3,464,074
3,093,303
3,355,041
2,604,825
(859,249)
75%
8%
-22%
08
Community Development
3,859,081
3,514,858
3,556,063
3,275,874
(583,207)
85%
1%
-8%
09
Municipal Court
1,345,060
1,295,591
1,297,382
1,292,626
(52,434)
96%
0%
0%
10
Police
19,390,720
17,967,227
18,907,947
17,682,031
(1,708,689)
91%
5%
-6%
11
Fire
13,261,272
12,356,200
12,562,278
12,850,658
(410,614)
97%
2%
2%
12
Technology & Innovation Svcs
2,144,159
2,058,616
1,977,992
1,897,074
(247,085)
88%
-4%
-4%
13
Public Works
3,995,760
3,566,458
3,780,318
3,577,361
(418,399)
90%
6%
-5%
15
Park Maintenance
1,682,579
1,515,219
1,676,131
1,644,001
(38,578)
98%
11%
-2%
16
Street Maintenance & Operations
3,269,041
3,098,042
3,791,466
2,801,760
(467,281)
86%
22%
-26%
Subtotal
61,332,810
57,361,508
58,814,778
55,541,184
(5,791,626)
91%
3%
-6%
Transfers Out to:
20
Residential Streets
1,050,000
-
1,850,000
1,050,000
-
100%
0%
-43%
20
Contingency Fund
210,000
164,877
402,841
-
(210,000)
0%
144%
-100%
20
Debt Service Transfers
3,637,190
4,434,966
3,661,986
3,490,499
(146,691)
96%
-17%
-5%
20
Land Acq. & Park Dev.
21,950
88,190
19,600
21,950
-
100%
-78%
12%
20
General Gov't Improvements
200,000
200,000
200,000
-
(200,000)
0%
0%
-100%
20
City Facilities
2,850,000
-
-
-
(2,850,000)
0%
0%
0%
20
Golf Course
300,000
300,000
300,000
300,000
-
100%
0%
0%
Total Expenditures
$ 69,601,950
$ 62,549,541
$ 65,249,205
$ 60,403,633
$ (9,198,317)
87%
4%
-7%
Percent of year completed
100%
25
GENERAL FUND
CITY OF TUKWILA
GENERAL FUND EXPENDITURES
Year -to -Date as of December 31, 2020
Percent of year completed
26
100%
SALARIES AND BENEFITS
BUDGET
ACTUAL
COMPARISON OF RESULTS
2020
ANNUAL
2018
2019
2020
Budget vs Actual
OVER/ UNDER )
%
% CHANGE
EXPENDED
2018/
2019
2019/
2020
11
Salaries
$ 30,400,286
$ 27,508,645
$ 28,550,123
$ 28,119,885
$ (2,280,401)
92%
4%
-2%
12
Extra Labor
770,709
697,233
819,391
131,789
(638,920)
17%
18%
-84%
13
Overtime
1,354,099
1,506,318
1,724,479
1,367,623
13,524
101%
14%
-21%
15
Holiday Pay
555,369
448,184
460,543
443,224
(112,145)
80%
3%
-4%
21
FICA
2,105,462
1,783,129
1,858,800
1,739,528
(365,934)
83%
4%
-6%
22
Pension-LEOFF
913,369
942,174
970,203
1,020,215
106,846
112%
3%
5%
23
Pension-PERS/PSERS
1,813,534
1,683,848
1,770,053
1,662,169
(151,365)
92%
5%
-6%
24
Industrial Insurance
935,254
637,663
774,596
859,956
(75,298)
92%
21%
11%
25
Medical & Dental
6,803,608
5,478,650
5,745,036
6,486,004
(317,604)
95%
5%
13%
26
Unemployment
29,296
38,356
18,273
93,070
63,774
318%
-52%
409%
28
Uniform/Clothing
8,525
5,675
6,353
4,734
(3,791)
56%
12%
-25%
Total Salaries & Benefits
$ 45,689,511
$ 40,729,874
$ 42,697,850
$ 41,928,197
$ (3,761,314)
92%
5%
3%
Percent of year completed
26
100%
SUPPLIES, SERVICES AND
CAPITAL
BUDGET
ACTUAL
COMPARISON OF RESULTS
2020
ANNUAL
2018
2019
2020
Budget vs Actual
OVER (UNDER)
% CHANGE
EXPENDED
2018/
2019
2019/
2020
0
Transfers
$ 8,269,140
$ 5,188,033
$ 6,434,427
$ 4,862,449
$ (3,406,691)
59%
24%
-24%
31
Supplies
1,162,582
1,119,174
1,506,788
893,023
(269,559)
77%
35%
-41%
34
Items Purchased for resale
22,000
22,488
17,794
2,624
(19,376)
12%
-21%
-85%
35
Small Tools
134,060
86,790
111,793
140,071
6,011
104%
29%
25%
41
Professional Services
5,976,129
6,708,584
6,262,192
5,593,708
(382,421)
94%
-7%
-11%
42
Communication
450,189
439,626
396,598
482,845
32,656
107%
-10%
22%
43
Travel
159,630
169,229
197,517
33,735
(125,895)
21%
17%
-83%
44
Advertising
47,550
37,806
22,981
15,666
(31,884)
33%
-39%
-32%
45
Rentals and Leases
2,422,514
2,548,742
2,685,516
1,780,511
(642,003)
73%
5%
-34%
46
Insurance
1,047,762
974,066
889,957
987,671
(60,091)
94%
-9%
11%
47
Public Utilities
2,069,101
1,947,025
1,983,981
1,817,328
(251,773)
88%
2%
-8%
48
Repairs and Maintenance
587,912
639,545
708,384
910,635
322,723
155%
11%
29%
49
Miscellaneous
1,293,870
1,858,527
1,224,377
949,675
(344,195)
73%
-34%
-22%
64
Machinery & Equipment
270,000
80,033
109,051
5,495
(264,506)
2%
36%
-95%
Total Operating Expenses
23,912,439
21,819,667
22,551,356
18,475,436
(5,437,003)
77%
3%
-18%
Total Expenses
$ 69,601,950
$ 62,549,541
$ 65,249,205
$ 60,403,633
$ (9,198,317)
87%
4%
-7%
Percent of year completed
26
100%
CITY OF TUKWILA
2020 YEAR-END FINANCIAL REPORT
Other Funds
Financial Reports
City of Tukwila
Contingency Fund 105 - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Miscellaneous Revenue
Investment earnings $ 90,000 $ 46,191 $ (43,809) 51.3%
Total Miscellaneous Revenue 90,000 46,191 (43,809) 51.3%
Transfers in 210,000
(210,000) 0.0%
Total Revenues
300,000 46,191
(253,809) 15.4%
EXPENDITURES:
Transfers Out 700,000
700,000 100.0%
Total Expenditures 700,000
700,000 100.0%
Change in fund balances
Beginning Fund Balance
(400,000) (653,809)
7,101,978 7,101,978
(253,809) 163.5%
Ending Fund Balance
$ 6,701,978 $ 6,448,169 $ (253,809) 96.2%
28
City of Tukwila
Drug Seizure Fund 109 - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Miscellaneous Revenue
Investment earnings $ - $ 1,356 $ 1,356
Seizure Revenue 55,000 103,193 48,193
Other - 12,948 12,948
Total Miscellaneous Revenue
187.6%
55,000 117,496 62,496 213.6%
Total Revenues
55,000 117,496 62,496 213.6%
EXPENDITURES:
31 Office & Operating Supplies
35 Small Tools & Minor Equipment
41 Professional Services
43 Travel
48 Repairs and Maintenance
49 Miscellaneous
25,000 14,789 (10,211)
11,000 2,631 (8,369)
8,000 16,190 8,190
11,000 (11,000)
4,070 4,070
59.2%
23.9%
202.4%
0.0%
5,000 5,000 100.0%
Total Expenditures
60,000 42,681
(17,319) 71.1%
Change in fund balances
Beginning Fund Balance
(5,000) 74,815
256,718 256,718
79,815 -1496.3%
Ending Fund Balance $ 251,718 $ 331,534 $ 79,815 131.7%
29
City of Tukwila
Hotel/Motel Tax Fund 101 Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
General Revenue
Hotel/Motel Taxes
Total General Revenue
$ 800,000 $
800,000
292,358 $
292,358
(507,642) 36.5%
(507,642) 36.5%
Miscellaneous Revenue
Investment earnings 3,000 13,036 10,036 434.5%
CARES Act funding 30,878 30,878 100.0%
Total Miscellaneous Revenue 33,878 43,914 10,036 129.6%
Total Revenues
833,878 336,272
(497,606) 40.3%
EXPENDITURES:
11 Salaries 87,464 57,622 (29,842) 65.9%
2* Personnel Benefits 18,800 19,017 217 101.2%
31 Office and operating supplies 5,000 350 (4,650) 7.0%
41 Professional Services 452,500 414,026 (38,474) 91.5%
43 Travel 10,000 1,219 (8,781) 12.2%
44 Advertising 113,586 73,538 (40,048) 64.7%
49 Miscellaneous 20,000 3,894 (16,106) 19.5%
Indirect Cost Allocation 19,416 19,416 - 100.0%
Total Expenditures
726,766 589,081
(137,685) 81.1%
Change in fund balances
Beginning Fund Balance
107,112 (252,809)
1,965,198 1,965,198
(359,921) -236.0%
Ending Fund Balance
$ 2,072,310 $ 1,712,389 $ (359,921) 82.6%
30
City of Tukwila
Debt Service Funds 2XX - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Miscellaneous Revenue
Investment earnings $ - $ 2,051 $ 2,051
Other 43,113 20,657 (22,456) 47.9%
Total Miscellaneous Revenue 43,113 22,708 (20,405) 52.7%
Transfers In
Contributions SCORE
Proceeds from refunded debt
4,170,540 4,023,849
426,658
1,995,000
(146,691)
(426,658)
1,995,000
96.5%
0.0%
Total Revenues
4,640,311 6,041,557
1,401,246 130.2%
EXPENDITURES:
71 Debt Service Principal
83 Debt Service Interest
84 Debt Issue Costs
Indirect Cost Allocation
1,844,647
2,795,246
3,636,461
2,402,093
31,600
1,791,814
(393,153)
31,600
197.1%
85.9%
Total Expenditures
4,639,893 6,070,154
1,430,261 130.8%
Change in fund balances
Beginning Fund Balance
418 (28,598) (29,016) -6841.5%
453,537 449,693
Ending Fund Balance $ 453,955 $ 421,095 $ (29,016) 92.8%
31
City of Tukwila
Debt Service UTGO - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
General Revenue
Property Taxes $ 3,713,175 $ 3,433,628 $ (279,547) 92.5%
Total General Revenue 3,713,175 3,433,628 (279,547) 92.5%
Miscellaneous Revenue
Investment earnings - 43 43
Total Miscellaneous Revenue - 43 43
Total Revenues
3,713,175 3,433,671
(279,504) 92.5%
EXPENDITURES:
71 Debt Service Principal
83 Debt Service Interest/Misc Fees
1,310,000
700,000 (610,000) 53.4%
2,403,175 2,812,537
409,362 117.0%
Total Expenditures
3,713,175 3,512,537
(200,638) 94.6%
Change in fund balances
Beginning Fund Balance
(78,866) (78,866)
88,825 88,825
Ending Fund Balance $ 88,825 $ 9,959 $ (78,866) 11.2%
32
City of Tukwila
Debt Service LID, Guaranty Funds - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Miscellaneous Revenue
LID Assesment Interest $ 223,913 $ 193,765 $ (30,148) 86.5%
LID Assesment Principal 445,000 377,132 (67,868) 84.7%
Misc Revenue - (5,430) (5,430)
Total Miscellaneous Revenue 668,913
565,467 (103,446) 84.5%
Total Revenues 668,913 565,467 (103,446) 84.5%
EXPENDITURES:
71 Debt Service Principal
83 Debt Service Interest/Misc Fees
445,000 480,000
223,613 199,313
35,000 107.9%
(24,301) 89.1%
notal Expenditures
668,613 679,313
10,700 101.6%
Change in fund balances
Beginning Fund Balance
300 (113,845) (114,145) -37948.5%
1,457,230 1,457,230
Ending Fund Balance
$ 1,457,530 $ 1,343,385 $ (114,145) 92.2%
33
City of Tukwila
Street Fund 103 - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Intergovernmental Revenue
Indirect Federal - Cascade View
State Grant - 53rd Ave
State Entitlements - MVFT Cities
Total Intergovernmental Revenue
Miscellaneous Revenue
Charges for services
Investment earnings
Total Miscellaneous Revenue
$ 3,454,000 $
947,000
290,000
267,504
$ (3,454,000)
(947,000)
(22,496)
0.0%
0.0%
92.2%
4,691,000
20,000
267,504 (4,423,496)
(145,296) (145,296)
(20,000)
5.7%
0.0%
20,000 (145,296)
Transfers In 1,050,000
(165,296) -726.5%
1,050,000 100.0%
Total Revenues
5,761,000 1,172,207
(4,588,793) 20.3%
EXPENDITURES:
11 Salaries - 102,362 102,362
13 Overtime - 124 124
2* Benefits - 44,553 44,553
31 Office and Operating Supplies - 1,309 1,309
35 Small Tools and Minor Equipment - 38,927 38,927
41 Professional Services 270,000 20,165 (249,835)
48 Repairs and Maintenance 130,000 (130,000)
6* Capital outlay 5,301,000 601,442 (4,699,558)
7.5%
0.0%
11.3%
Total Expenditures
5,701,000 808,881
(4,892,119) 14.2%
Change in fund balances
Beginning Fund Balance
60,000 363,326
141,586 141,586
303,326 605.5%
Ending Fund Balance $ 201,586 $ 504,912 $ 303,326 250.5%
34
City of Tukwila
Arterial Street Fund 104 - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
General Revenue
Parking Tax $ 470,000 $ 200,057 $ (269,943) 43%
MVFT Cities 137,000 137,423 423 100%
Real Estate Excise Taxes 500,000 320,567 (179,433) 64%
Total General Revenue 1,107,000 658,047 (448,953) 59.4%
Charges for Sevices
Park impact Fees
Traffic Impact Fees
Total Charges for Services
Intergovernmental Revenue
Federal Grants
State Grants
Total Charges for Services
300,000
213,000 406,731
(300,000) 0.0%
193,731 191.0%
513,000 406,731
6,724,000 1,113,845
2,253,000 266,854
(106,269) 79.3%
(5,610,155)
(1,986,146)
16.6%
11.8%
8,977,000 1,380,699 (7,596,301) 15.4%
Miscellaneous Revenue
Investment earnings 20,000 13,462
Contributions/Donations 30,000 12,200
(6,538) 67.3%
(17,800) 40.7%
Total Miscellaneous Revenue 50,000 25,662
(24,338) 51.3%
Total Revenues
10,647,000 2,471,138
(8,175,862) 23.2%
EXPENDITURES:
11 Salaries 356,352 325,893 (30,459) 91.5%
13 Overtime - 41 41
2* Benefits 130,917 123,143 (7,774) 94.1%
31 Office and Operating Supplies - 553 553
41 Professional Services 1,247,000 1,074,277 (172,723) 86.1%
44 Advertising - 274 274
47 Public Utility Services - 2,795 2,795
48 Repairs and Maintenance 1,325,000 303,115 (1,021,885) 22.9%
Total Operating Expenses 3,059,269 1,830,091 (1,229,178) 59.8%
Capital Expenses
6* Capital Outlay 8,378,000 1,115,605 (7,262,395) 13.3%
8,378,000 1,115,605
Trasnfers Out 675,106
(7,262,395) 13.3%
675,106 - 100.0%
Total Expenditures
12,112,375 3,620,802
(8,491,573) 29.9%
Change in fund balances
Beginning Fund Balance
(1,465,375) (1,149,663)
2,083,854 2,083,854
315,712 78.5%
Ending Fund Balance $ 618,479 $ 934,190 $ 315,712 151.0%
35
City of Tukwila
Land Acquisition, Rec and Park Development Fund 301 - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
General Revenue
Excess Prop Tax Levy - Dwmsh Hill $ 60,000 $ 309,197 $ 249,197 515.3%
Real Estate Excise Taxes - 2,250 2,250
Total General Revenue 60,000 311,447 251,447 519.1 %
Fees and Penalties
Park Impact Fees
Total Fees and Penalties
302,750 302,750
302,750 302,750
Intergovernmental Revenue
State Grants- Duwamish Hill Preserve - 6,700 6,700
Total Charges for Services 6,700 6,700
Miscellaneous Revenue
Investment earnings
Total Miscellaneous Revenue
15,000 8,175
(6,825) 54.5%
15,000 8,175
Trasnfers In 716,506
(6,825) 54.5%
716,506 - 100.0%
Total Revenues
791,506 1,345,578
554,072 170.0%
EXPENDITURES:
11 Salaries
2* Benefits
31 Office and Operating Supplies
35 Small Tools and Minor Equipment
41 Professional Services
Total Operating Expenses
Capital Expenses
6* Capital Outlay
50,000
2,260 2,260
520 520
38,733 38,733
9,049 9,049
220,910 170,910
441.8%
50,000 271,472
25,000
221,472 542.9%
(25,000) 0.0%
25,000
(25,000) 0.0%
Total Expenditures
75,000 271,472 196,472 362.0%
Change in fund balances
Beginning Fund Balance
716,506 1,074,107
1,178,173 1,178,173
357,601 149.9%
Ending Fund Balance
$ 1,894,679 $ 2,252,280 $ 357,601 118.9%
36
City of Tukwila
Facility Replacement Fund 302 Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Miscellaneous Revenue
Investment earnings $ 10,000 $ 35,328 $
25,328 353.3%
Total Miscellaneous Revenue 10,000 35,328
25,328 353.3%
Total Revenues
10,000 35,328
25,328 353.3%
EXPENDITURES:
2* Benefits - (12) (12)
41 Professional Services - 8,402 8,402
47 Public Utility Services - 11,182 11,182
Total Operating Expenses
Capital Expenses
6* Capital Outlay
Total Capital Expenses
Transfers Out
Indirect Cost Allocation
15,000
19,573 19,573
(15,000) 0.0%
15,000
3,353,000 3,153,000
(15,000) 0.0%
(200,000) 94.0%
Total Expenditures
3,368,000 3,172,573 (195,427) 94.2%
Change in fund balances
Beginning Fund Balance
(3,358,000) (3,137,244) 220,756 93.4%
7,544,298 7,544,298
Ending Fund Balance
$ 4,186,298 $ 4,407,054 $ 220,756 105.3%
37
City of Tukwila
General Governmnet Improvements Fund 303 - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Miscellaneous Revenue
Investment earnings $ 500 $ 4,269 $ 3,769 853.7%
Total Miscellaneous Revenue 500 4,269 3,769 853.7%
Transfers In 200,000
(200,000) 0.0%
Total Revenues
200,500 4,269
(196,231) 2.1%
EXPENDITURES:
11 Salaries
2* Benefits
31 Office and Operating Supplies
41 Professional Services
48 Repairs and Maintenance
Total Operating Expenses
Capital Expenses
65 Capital Outlay
Total Capital Expenses
114,072
43,104
320,000
500 (113,572)
251 (42,853)
1,399 1,399
(320,000)
145,776 145,776
0.4%
0.6%
0.0%
477,176 147,926
180,838
(329,250) 31.0%
(180,838) 0.0%
180,838
(180,838) 0.0%
Total Expenditures
658,014 147,926
(510,088) 22.5%
Change in fund balances
Beginning Fund Balance
(457,514) (143,658)
656,306 656,306
313,856 31.4%
Ending Fund Balance $ 198,792 $ 512,648 $ 313,856 257.9%
38
City of Tukwila
Fire Impact Fees Fund 304- Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Charges for Sevices
Fire Impact Fees $ 500,000 $ 113,843 $ (386,157) 22.8%
Total Charges for Services 500,000 113,843 (386,157) 22.8%
Miscellaneous Revenue
Investment earnings 100 1,773 1,673 1773.1%
Total Miscellaneous Revenue 100 1,773 1,673 1773.1 %
Total Revenues 500,100
115,616 (384,484) 23.1%
EXPENDITURES:
Trasnfers Out
500,000 428,775
(71,225) 85.8%
Total Expenditures
500,000 428,775
(71,225) 85.8%
Change in fund balances
Beginning Fund Balance
100 (313,159) (313,259) -313158.6%
313,159 313,159
Ending Fund Balance $ 313,259 $ - $ (313,259) 0.0%
39
City of Tukwila
Public Safety Plan Fund 305- Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
General Revenue
Mitigation Fees (Tukwila South) $ 300,000 $ 300,000 $
Excise Tax 500,000 318,317
Sales Tax Mitigation 1,000,000 439,636
Total Intergovernmental Revenue
Miscellaneous Revenue
Investment earnings
CARES Act funding
Proceeds from sales of Capital Assets
Total Miscellaneous Revenue
Transfers In
(181,683)
(560,364)
100.0%
63.7%
44.0%
1,800,000 1,057,953
100,000
497,247
1,000,000
200,354
497,247
(742,047) 58.8%
100,354 200.4%
100.0%
(1,000,000) 0.0%
1,597,247 697,601
3,536,709 3,181,775
(899,646) 43.7%
(354,934) 90.0%
Total Revenues
6,933,956 4,937,329
(1,996,627) 71.2%
EXPENDITURES:
31 Office and Operating Supplies
35 Small Tools and Minor Equipment
41 Professional Services
45 Operating Rentals & Leases
47 Public Utility Services
6* Capital Outlay
28,146
50,657,247
77,190
92,946
15,800
10,969
55,272
45,677,933
77,190
64,800
15,800
10,969
55,272
(4,979,314)
330.2%
90.2%
50,685,393 45,930,110
Transfer Out 340,000
(4,755,283) 90.6%
147,693 (192,307) 43.4%
Total Expenditures
51,025,393 46,077,803
(4,947,590) 90.3%
Change in fund balances
Beginning Fund Balance
(44,091,437) (41,140,475)
44,304,737 44,304,737
2,950,962 93.3%
Ending Fund Balance $ 213,300 $ 3,164,263 $ 2,950,962 1483.5%
40
City of Tukwila
City Facilities Fund 306- Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Miscellaneous Revenue
Investment earnings $ - $ 37,423 $ 37,423
Total Miscellaneous Revenue 37,423 37,423
Trasnfers In 4,000,000 0 (4,000,000) 0.0%
Total Revenues 4,000,000 37,423 (3,962,577) 0.9%
EXPENDITURES:
6* Capital Outlay
5,066,881 997,705
(4,069,176) 19.7%
5,066,881 997,705
Transfer Out 283,709
(4,069,176) 19.7%
(283,709) 0.0%
Total Expenditures
5,350,590 997,705
(4,352,885) 18.6%
Change in fund balances
Beginning Fund Balance
(1,350,590) (960,282)
5,961,144 5,961,144
390,308 71.1%
Ending Fund Balance $ 4,610,554 $ 5,000,862 $ 390,308 108.5%
41
City of Tukwila
Water Fund 401 - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Charges for Services
Water Sales $ 7,388,000 $ 6,165,501 $ (1,222,499) 83.5%
Security 330 330
Total Charges for Services 7,388,000 6,165,831 (1,222,169) 83.5%
Miscellaneous Revenue
Investment earnings
Connection Fees
CARES Act funding
Other
Total Miscellaneous Revenue
36,000 88,910 52,910 247.0%
100,000 78,638 (21,362) 78.6%
2,324 2,324 - 100.0%
400 400
138,324 170,272
31,948 123.1%
Trasnfers In - 5,947 5,947
Total Revenues 7,526,324 6,342,050 (1,184,274) 84.3%
EXPENDITURES:
11 Salaries 623,697 567,158 (56,539) 90.9%
12 Extra Labor 4,000 (4,000) 0.0%
13 Overtime 7,000 7,589 589 108.4%
2* Benefits 308,350 222,649 (85,701) 72.2%
31 Office and Operating Supplies 144,306 105,897 (38,409) 73.4%
33 Water Purchased for Resale 3,152,000 2,760,415 (391,585) 87.6%
35 Small Tools and Minor Equipment 11,000 9,847 (1,153) 89.5%
41 Professional Services 514,500 125,375 (389,125) 24.4%
42 Communication 2,500 7,549 5,049 302.0%
43 Travel 1,500 1,241 (259) 82.7%
44 Advertising 531 531 -
45 Operating Rentals and Leases 180,311 189,605 9,294 105.2%
46 Insurance 21,661 19,131 (2,530) 88.3%
47 Public Utility Services 26,386 22,256 (4,130) 84.3%
48 Repairs and Maintenance 15,000 18,633 3,633 124.2%
49 Miscellaneous 1,089,000 978,613 (110,387) 89.9%
Total Operating Expenses 6,101,211 5,036,487 (1,064,724) 82.5%
Capital Expenses
6" Capital Outlay 1,720,000 21,385 (1,698,615) 1.2%
7* Debt Service Principal 135,801 135,799 (2) 100.0%
8* Debt Service Interest 192,952 9,799 (183,153) 5.1%
Transfer Out
Indirect Cost Allocation
2,048,753 166,984 (1,881,769) 8.2%
402,339 197,423 (204,916) 49.1%
684,977 684,977 100.0%
Total Expenditures 9,237,280 6,085,870 (3,151,410) 65.9%
Change in fund balances (1,710,956) 256,179 1,967,135 -15.0%
Beginning Fund Balance 6,170,864 6,170,864
Ending Fund Balance $ 4,459,908 $ 6,427,043 $ 1,967,135 144.1%
42
City of Tukwila
Sewer Fund 402 - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Charges for Services
Sewer Sales $ 9,732,000 $ 8,453,169 $ (1,278,831) 86.9%
Road/Street Repair Charges - 51,672 51,672 -
Total Charges for Services 9,732,000 8,504,840 (1,227,160) 87.4%
Miscellaneous Revenue
Investment earnings
Connection Fees
CARES Act funding
Total Miscellaneous Revenue
55,000 97,202
125,000 142,800
181 181
42,202
17,800
176.7%
114.2%
100.0%
180,181 240,183
60,002 133.3%
Total Revenues
9,912,181 8,745,023
(1,167,158) 88.2%
EXPENDITURES:
11 Salaries 395,516 441,433 45,917 111.6%
13 Overtime 4,442 3,889 (553) 87.5%
2* Benefits 193,295 144,545 (48,750) 74.8%
31 Office and Operating Supplies 21,781 27,437 5,656 126.0%
33 Metro Sewage Treatment 4,762,000 4,658,117 (103,883) 97.8%
35 Small Tools and Minor Equipment 5,000 1,917 (3,083) 38.3%
41 Professional Services 403,000 169,914 (233,086) 42.2%
42 Communication 2,500 8,004 5,504 320.2%
43 Travel 2,000 36 (1,964) 1.8%
44 Advertising 150 1,493 1,343 995.4%
45 Operating Rentals and Leases 113,640 102,765 (10,875) 90.4%
46 Insurance 12,667 11,375 (1,292) 89.8%
47 Public Utility Services 45,000 34,122 (10,878) 75.8%
48 Repairs and Maintenance 49,000 276,240 227,240 563.8%
49 Miscellaneous 1,188,700 1,042,497 (146,203) 87.7%
Total Operating Expenses 7,198,691 6,923,784 (274,907) 96.2%
Capital Expenses
6* Capital Outlay 1,500,000 - (1,500,000) 0.0%
7* Debt Service Principal 330,537 330,536 (1) 100.0%
8* Debt Service Interest 128,194 25,460 (102,734) 19.9%
Transfer Out
Indirect Cost Allocation
1,958,731 355,996 (1,602,735) 18.2%
737,837 113,289 (624,548) 15.4%
522,167 522,167 - 100.0%
Total Expenditures
10,417,426 7,915,237 (2,502,189) 76.0%
Change in fund balances
Beginning Fund Balance
(505,245) 829,786
12, 529, 586 12, 529, 586
1,335,031 -164.2%
Ending Fund Balance
$ 12,024,341 $ 13,359,372 $ 1,335,031 111.1%
43
City of Tukwila
Golf Course Fund 411 - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
General Revenue
Excise Taxes $ 2,900 $ 1,925 $ (975) 66.4%
Total General Revenue 2,900 1,925 (975) 66.4%
Charges for Services
Sale of Merchandise
Green Fees, Instruction
Total Charges for Services
126,000 143,192 17,192
1,220,043 1,391,293 171,250
113.6%
114.0%
1,346,043 1,534,485
188,442 114.0%
Miscellaneous Revenue
Investment earnings 500 3,477 2,977 695.4%
Rents and Concessions 309,000 342,557 33,557 110.9%
CARES Act funding 5,446 5,446 100.0%
Other 22,000 23,911 1,911 108.7%
Total Miscellaneous Revenue 336,946 375,391 38,445 111.4%
Trasnfersln 511,724 511,724 100.0%
Total Revenues 2,197,613 2,423,525 225,912 110.3%
EXPENDITURES:
11 Salaries 609,976 547,753 (62,223) 89.8%
12 Extra Labor 44,484 52,380 7,896 117.8%
13 Overtime 3,645 3,841 196 105.4%
2* Benefits 320,900 243,642 (77,258) 75.9%
31 Office and Operating Supplies 116,183 130,044 13,861 111.9%
34 Items purcashed for resale 99,000 121,605 22,605 122.8%
35 Small Tools and Minor Equipment 13,777 16,480 2,703 119.6%
41 Professional Services 6,580 17,911 11,331 272.2%
42 Communication 7,968 8,399 431 105.4%
43 Travel 407 382 (25) 93.8%
44 Advertising 8,500 11,444 2,944 134.6%
45 Operating Rentals and Leases 198,200 31,036 (167,164) 15.7%
46 Insurance 22,621 24,392 1,771 107.8%
47 Public Utility Services 74,935 59,684 (15,251) 79.6%
48 Repairs and Maintenance 40,165 24,390 (15,775) 60.7%
49 Miscellaneous 108,500 71,653 (36,847) 66.0%
Total Operating Expenses 1,675,841 1,365,037 (310,804) 81.5%
Capital Expenses
6* Capital Outlay 30,758 109,484 78,726 356.0%
Transfer Out
Indirect Cost Allocation
30,758 109,484 78,726 356.0%
500 500 100.0%
196,512 196,512 100.0%
Total Expenditures 1,903,611 1,671,533 (232,078) 87.8%
Change in fund balances 294,002 751,992 457,990 255.8%
Beginning Fund Balance 197,488 197,488
Ending Fund Balance $ 491,490 $ 949,481 $ 457,990 193.2%
44
City of Tukwila
Surface Water Fund 412 - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Charges for Services
Surface Water Sales
Total Charges for Services
$ 6,863,000 $ 6,925,263 $ 62,263 100.9%
6,863,000 6,925,263
62,263 100.9%
Intergovernmental Revenue 1,077,000 1,069,259 (7,741) 99%
Miscellaneous Revenue
Investment earnings 50,000 29,458 (20,542) 58.9%
Gifts and Bequests 12,500 12,500
CARES Act funding 4,346 4,346 100.0%
Other - 1,981 1,981
Total Miscellaneous Revenue 54,346 48,285 (6,061) 88.8%
Total Revenues
7,994,346 8,042,808 48,462 78.5%
EXPENDITURES:
11 Salaries 1,102,764 1,067,136 (35,628) 96.8%
12 Extra Labor 8,000 - (8,000) 0.0%
13 Overtime 9,000 14,267 5,267 158.5%
2* Benefits 517,587 375,981 (141,606) 72.6%
31 Office and Operating Supplies 87,639 21,522 (66,117) 24.6%
35 Small Tools and Minor Equipment 5,000 1,620 (3,380) 32.4%
41 Professional Services 1,432,862 1,032,942 (399,920) 72.1%
42 Communication 2,084 7,953 5,869 381.6%
43 Travel 2,000 1,011 (989) 50.5%
44 Advertising 500 2,897 2,397 579.5%
45 Operating Rentals and Leases 408,927 432,110 23,183 105.7%
46 Insurance 29,784 32,316 2,532 108.5%
47 Public Utility Services 107,820 61,244 (46,576) 56.8%
48 Repairs and Maintenance 37,000 62,654 25,654 169.3%
49 Miscellaneous 747,300 796,281 48,981 106.6%
Total Operating Expenses 4,498,267 3,909,935 (588,332) 86.9%
Capital Expenses
6* Capital Outlay 1,337,000 1,273,847 (63,153) 95.3%
7* Debt Service Principal 289,748 289,746 (2) 100.0%
8* Debt Service Interest 261,025 9,095 (251,930) 3.5%
Transfer Out
Indirect Cost Allocation
1,887,773 1,572,688 (315,085) 83.3%
562,124 247,534 (314,590) 44.0%
684,699 684,699 100.0%
Total Expenditures 7,632,863 6,414,856 (1,218,007) 84.0%
Change in fund balances 361,483 1,627,952 1,266,469 450.4%
Beginning Fund Balance 3,206,726 3,206,726
Ending Fund Balance
$ 3,568,209 $ 4,834,677 $ 1,266,469 135.5%
45
City of Tukwila
Equipment Rental/Replacement Fund 501 Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Charges for Services
ERR O&M Dept Charges
Equipment Replacement Charges
Total Charges for Services
$ 2,104,488 $ 1,523,440 $ (581,048) 72.4%
732,637 593,580 (139,057) 81.0%
2,837,125 2,117,021
(720,104) 74.6%
Miscellaneous Revenue
Investment earnings 14,269 32,459 18,190 227.5%
Insurance Proceeds 30,000 114,057 84,057 380.2%
CARES Act funding 3,894 3,894 - 100.0%
Other 150 1,072 922 714.7%
Total Miscellaneous Revenue 48,313 151,482 103,169 313.5%
Sale of Capital Assets - 50,264 50,264
Transfers In 340,000 147,693 (192,307) 43.4%
Total Revenues 3,225,438 2,466,460 (758,978) 76.5%
EXPENDITURES:
11 Salaries 417,479 299,748 (117,731) 71.8%
12 Extra Labor 32,000 - (32,000) 0.0%
13 Overtime 1,858 138 (1,720) 7.4%
2* Benefits 221,313 123,486 (97,827) 55.8%
31 Office and Operating Supplies 3,358 2,547 (811) 75.9%
34 Items Purchased for Resale 750,000 399,853 (350,147) 53.3%
35 Small Tools and Minor Equipment 5,000 4,855 (145) 97.1%
41 Professional Services 4,000 5,078 1,078 126.9%
42 Communication 2,000 4,860 2,860 243.0%
43 Travel 1,500 - (1,500) 0.0%
44 Advertising - 599 599
45 Operating Rentals and Leases 75,506 83,162 7,656 110.1%
46 Insurance 72,295 92,063 19,768 127.3%
48 Repairs and Maintenance 120,000 64,922 (55,078) 54.1%
49 Miscellaneous 12,000 14,798 2,798 123.3%
64 Capital Outlay 1,691,800 1,716,058 24,258 101.4%
Transfers Out 211,724 211,724 - 100.0%
Indirect Cost Allocation 381,412
381,412 - 100.0%
Total Expenditures 4,003,245 3,405,304 (597,941) 85.1%
Change in fund balances (777,807) (938,844) (161,037) 120.7%
Beginning Fund Balance 4,842,041 4,842,041
Ending Fund Balance $ 4,064,234 $ 3,903,196 $ (161,037) 96.0%
46
City of Tukwila
Insurance Fund 502 - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Charges for Services
Employee Benefit Programs $ 1,200 $ 26 $ (1,174) 2.2%
Total Charges for Services 1,200 26 (1,174) 2.2%
Miscellaneous Revenue
Investment earnings 56,274 13,928 (42,346) 24.8%
Employee Trust Contibutions 7,042,150 6,630,773 (411,377) 94.2%
Employer Trust Contributions 366,399 157,710 (208,689) 43.0%
Total Miscellaneous Revenue 7,464,823 6,802,411 (662,412) 91.1%
Total Revenues
7,466,023 6,802,438
(663,585) 91.1%
EXPENDITURES:
25 Medical, Dental, Life, Optical
41 Professional Services
49 Miscellaneous
7,208,130
35,600
20,268
Indirect Cost Allocation 148,106
6,486,565
90,000
7,440
(721,565)
54,400
(12,828)
90.0%
252.8%
36.7%
148,106 100.0%
Total Expenditures
7,412,104 6,732,110
(679,994) 90.8%
Change in fund balances
Beginning Fund Balance
53,919 70,327 16,408 130.4%
17,215 17,215
Ending Fund Balance $ 71,134 $ 87,542 $ 16,408 123.1%
47
City of Tukwila
LEOFF Insurance Fund 503 - Revenue and Expenditures
As of December 31, 2020
2020
Variance
Annual Actual Over/(Under) % of Annual
Budget Year -End Results Budget Budget
REVENUE:
Miscellaneous Revenue
Investment earnings $ 1,541 $ 21,631 $ 20,090 1403.7%
Employer Trust Contributions 265,000 254,868 (10,132) 96.2%
Total Miscellaneous Revenue 266,541 276,499 9,958 103.7%
Total Revenues
266,541 276,499 9,958 103.7%
EXPENDITURES:
25 Medical, Dental, Life, Optical 484,079
41 Professional Services 4,734
49 Miscellaneous 500
Indirect Cost Allocation
374,959
(109,120) 77.5%
(4,734) 0.0%
(500) 0.0%
Total Expenditures
489,313 374,959
(114,354) 76.6%
Change in fund balances
Beginning Fund Balance
(222,772) (98,459) 124,313 44.2%
435,054 435,054
Ending Fund Balance $ 212,282 $ 435,054 $ 107,271 204.9%
48