HomeMy WebLinkAboutFIN 2024-03-25 Item 1C - Report - 2023 3rd Quarter Financial ReportCity of Tukwila
Thomas McLeod, Mayor
Finance Department - Vicky Carlsen, Director
INFORMATIONAL MEMORANDUM
TO: Finance and Governance Committee
CC: Mayor McLeod
FROM: Vicky Carlsen, Finance Director
BY: Tony Cullerton, Deputy Finance Director
DATE: March 25, 2024
SUBJECT: 2023 3rd Quarter Report
ISSUE
The report below summarizes the citywide financial results and highlights significant items or
trends through the third quarter of 2023. The report is based on data available as of January 5,
2024, for the reporting period ending September 30, 2023.
General Fund revenues are tracking higher than in the same period last year. . Additionally, they
are reporting $1.7 million (3.3%) higher than budget through September 2023. Expenditures are
below budget. However, one-time vacancy savings and delayed implementation of anticipated
wage and benefit adjustments associated with collective bargaining have yielded reductions to
expenditures.
While our current projections indicate underspending, it's important to note that the majority, if
not all, of these are postponed expenses that are expected to come due by year-end. If not by
year-end, then contractual obligations related to labor will be paid out in 2024, after contracts
are settled. Our most reliable estimates suggest that there is more than $2.5 million in
expenditures incurred (but not yet reported) due to contractual and retroactive salaries. These
expenditures are expected to be paid in the near future.
As the financial statements are reviewed, please note the new formatting and additions to the
statements. With the new ERP system, we are now able to capture budget amendments in the
statements that have been approved via consensus. This enhancement will allow the reader to
understand the impacts of proposed amendments on fund balance as the year progresses rather
than waiting for formal approval at year-end.
Additional details can be found in the attached financial reports.
Tukwila City Hall • 6200 Southcenter Boulevard • Tukwila, WA 98188 • 206-433-1800 • Website: TukwilaWA.gov
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INFORMATIONAL MEMO
February 12, 2024
Page 2
DISCUSSION
January through September Highlights
General Fund
• Unassigned beginning fund balance was $16.2 million, lower than expected but still
exceeding fund balance policy requirements. Beginning fund balance is lower than
expected due to land sale revenue expected at the end of 2022 having not yet been
received.
• Revenue through September 30th is $51.7 million, slightly above the allocated budget of
$50 million. Increases in sales tax and building permits are offsetting those revenue
streams that are not currently meeting expectations.
• Major revenue performers included Retail Sales Tax, Business Licenses, and Building
Permits.
• Salaries and benefits are currently lower than budget pending the conclusion of collective
bargaining with Teamsters Local 763. Upon agreement and ratification, a retroactive
payment will be processed that will reconcile the variance.
• General Fund departmental expenditures through September are at $49.9 million and
transfers out are at $4.7 million for a total general fund expenditures of $55.6 million.
• Total general fund expenditures are below allocated budget by $2.6 million. As previously
noted, this is largely due to one-time savings generated from staff vacancies and pending
wage and benefit adjustments associated with collective bargaining.
Other Funds
Capital Projects
Several capital projects are in process including:
• The Allentown Truck Reroute project recommended alternatives for further consideration.
• The Transportation Element Comp Plan incorporated community input into draft
transportation networks.
• West Valley Highway (1405 to Strander) Project completed significant work, including
stripping and installations.
• Public Works Shops Phase 1 and Phase 2 advanced with roofing and painting updates.
Utilities
In the third quarter, Utility projects achieved significant milestones.
• The Levee Certification/Green River Corridor project involved ongoing collaboration with
the Army Corps of Engineers.
• Regulatory reviews continued for the Surface Water, Water & Sewer Comprehensive
Plans, while the Surface Water Comp Plan was actively developed.
• The Annual Small Drainage Program secured a design consultant, and NPDES Program
compliance was ensured through the successful hiring of new inspectors.
• The Green the Green project, involving grants and vegetation management, continued,
and the Chinook Wind Public Access/Extension project received a grant of $280,000 for
design activities.
Phone: 206-433-1800 • Email: Mayor@TukwilaWA.gov • Website: TukwilaWA.gov
42
INFORMATIONAL MEMO
February 12, 2024
Page 3
Foster Golf Course
• Foster Golf Course entered into a strategic partnership with GolfNow, a prominent player
in the online tee time booking service sector.
• Foster Golf Course upgraded its website which resulted in increased online visibility,
amplifying the course's presence during customer searches for golf facilities.
• The Golf Course was able to successfully justify a modest adjustment in Green Fees,
aligning the cost of a round of golf with that of other surrounding municipal golf courses.
Equipment Rental
• The Equipment Rental Fund has strategically leveraged the Enterprise Fleet Leasing
program by adding twelve new patrol vehicles into its fleet.
• PD has completed the implementation of the Police Department's take-home vehicle
program.
• The department has realized increased revenue from the Sale of Capital Assets over the
anticipated budget.
Lodging Tax
• Lodging tax revenue is on pace to meet and exceed budget. Lodging tax revenue through
September is $787k and exceeds allocated budget by $61k.
Drug Seizure
• For the period January 1st through September 30th, 2023, the seizure fund brought in
$79,010 through the Dept of Justice's Equitable Sharing program.
• Police Department sent $82,322 to Sound Mental Health as contracted compensation for
our two Mental Health Co -Responders (a portion of these expenditures will be returned
to us via the grant).
• The Department spent $11,423 of Seizure Funds to replace the Special Response
Team's (SWAT) equipment.
Debt Service Funds
• Debt Service is funded by budgetary approved interfund transfers. All long-term debt
obligations are paid timely and in accordance with the debt schedule.
Insurance — Active Employees / Insurance LEOFF 1 Retirees Funds
• The Insurance funds are trending as anticipated. The funds are adequately funded, and
Program Cost expenditures are slightly under budget. Both funds are stable and well
positioned heading into Q4.
ATTACHMENTS
3rd Quarter Financial Report
Phone: 206-433-1800 • Email: Mayor@TukwilaWA.gov • Website: TukwilaWA.gov
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44
CITY OF TUKWILA
2023 Q3 FINANCIAL REPORT
HIGHLIGHTS
This report explains the City's income and spending activities through September 30,
2023, with a primary emphasis on the General Fund activities. Although it encompasses
financial information about all City funds, the discretionary activity in the other funds is
constrained by statutory restrictions, unlike the General Fund.
Year-to-date revenues are slightly higher than budgeted, and expenditures are lower than
budgeted.
2023 YTD 2023 YTD
Budget Actual $ Diff % Diff
Revenues 50,038,867 51,712,623 1,673,756 3.3%
Expenditures 57,145,620 54,555,154 ($2,590,466) -4.5%
General Fund
2023 Q3 Revenues & Expenditures
Budget vs Actual
58,000
56,000
54,000
52,000
50,039
50,000
48,000
51,713
57,146
54,555
- 46,000
c
ro Revenues Expenditures
c
0
- ■ 2023 YTD Budget ■ 2023 YTD Actual
I-
46
The quarter concluded with operating expenditures below the budget. It's important to
note that the $2.5 million under budget is not indicative of savings due to ongoing labor
negotiations, and retro pay is anticipated soon. Expenditures appear higher than
revenues due to a delayed property tax deposit that was expected in the third quarter but
arrived in the following month. Although expenditures are evenly distributed and budgeted
in the month of occurrence, revenues are occasionally received in subsequent months.
Year-to-date revenues are slightly higher than budget with a 3.3% increase over
expectations. Over the past three years, 2023 revenues are up 11.5% over 2021, and
0.9% when compared to the same period in 2022. While revenues are trending up and to
the right, they are not significant enough to keep pace with the increase in inflation.
Thousands
53,000
52,000
51,000
50,000
49,000
48,000
47,000
46,000
45,000
44,000
43,000
Total Revenue
2021 - 2023
51,230
51,713
46,398
2021 2023
Major Performing Revenues
• Retail Sales Tax increase 7.5%
• Interfund Utility Tax increase 8.0%
• Business Licenses increase 6.6%
• Building Permits increase 27.1
3
47
City of Tukwila
General Fund
as of September 30, 2023
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
Variance
Year to Date Over/(Under) % of Annual
Actual Annual Budget Budget
REVENUE:
Property Tax 517.682.000 S S 17 682.000 S 9 595 750 S (8.086.250) 54.3%
Sales Taxes -Retail 20.378.000 1.000.000 21 378.000 16.250.146 (5.127.854) 79.7%
Sales Taxes -Criminal Justice 905 000 905 000 754,014 (150.986) 83.3%
Admission Taxes 850 000 850 000 681.981 (168.019) 80.2%
Utility Taxes 4.300.000 4.300.000 3.219.572 (1.080.428) 74.9%
Interfund Utility Taxes 2.634.980 2.634.980 2.160.738 (474.242) 82.0%
Gambling & Excise Taxes 4.665.700 4.665.700 3.606.519 (1.059.181) 77.3%
Business Licenses 3.230.000 3.230.000 2.286.658 (943.342) 70.8%
Rental Housing Permits 41 000 41 000 39.856 (1.144) 97.2%
Building Permits 1 739 660 1.739.660 1.862.306 122.646 107.0%
Franchise Fees 508.000 508 000 418.919 (89.081) 82.5%
Sales Tax Mitigation Payments 635 470 635 470 494.254 (141.216) 77.8%
SCL Agreement 2.300.000 - 2 300.000 2.064.356 (235.644) 89.8%
Grant Revenues 2.873.788 1.445.215 4 319.003 2.632 121 (1.686.882) 91.6%
State Entitlements 505 500 505 500 460.823 (44.677) 91.2%
Intergovernmental Revenue 628 804 628 804 18.428 (610.376) 2.9%
General Government Revenue 16 620 16 620 17.017 397 102.4%
Security Revenue 1 138 900 200.000 1 338.900 768.010 (570.890) 67.4%
Transportation Revenue 20.000 20 000 288 (19.712) 1.4%
Plan Check and Review; Fees 794268 794 268 966.653 172.385 121.7%
Culture and Recreation Fees 171 200 10.000 181 200 110.707 (70.493) 64.7%
Fines and Penalties 760 475 - 760 475 228.515 (531,960) 30.0%
Other Income 178 155 117.396 295 551 402.845 107.294 226.1%
Total Operating Revenues
66.957.520 2.772.611 69 730.131 49.040.475 120.689.656) 73.2%
Indirect Cost Allocation 2.822.397 2 322.397 2.116.809 (705.588)
Investment Earnings 100.000 150.000 250 000 317.897 67.897
Rent & Concessions 335.570 335 570 237.442 (98.128)
Transfers In 1.624.147 (270.000) 1 354.147 (1.354.147)
Total Non -Operating Revenues 4.882.114 (120.000) 4.762 114 2.672.147 (2.089.966)
Total Revenues
71.839.634 2.652.6111 74.492.245
75.0%
317.9%
70.8%
0.0%
54.7%
51.712.623 (22.779.622) 72.0%
The Budget Amendments (Consensus) were formally approved at the November 20th
Regular Meeting.
48
Property Tax
2023 2023 YTD vs
Allocated Actual less 2022 YTD $
Budget 2021 Actual 2022 Actual 2023 Actual Budget Diff % Diff
10,800,133 9,796,332 9,740,424 9,595,750 (1,204,383) (144,674) -1.5%
Property Tax declined 1.5% over the same period last year. However, the dip is a result
of a timing variance due to delayed receipt of the September property tax distribution
deposited from King County. A $1.1 million property tax deposit was anticipated in
September but received in the 1st week of October. 2023 Property Tax has been received
and posted. Property taxes are trending as budgeted.
9,850,000
9,800,000
9,750,000
9,700,000
9,650,000
9,600,000
9,550,000
9,500,000
9,450,000
9,796,332
2021 Actual
Property Tax
Jan -Sept.
2021 - 2023
9,740,424
9,595,750
2022 Actual 2023 Actual
5
49
Sales Tax
2023 2023 YTD vs
Allocated Actual less 2022 YTD $
Budget 2021 Actual 2022 Actual 2023 Actual Budget Diff % Diff
15, 692, 788 14, 727, 965 15, 823,150 17, 004,160 1,311,372 1,181, 010 7.5%
Sales Tax is up, over $1.2 million (7.5%) compared to last year. Within Sales Tax, Retail
Trade was down 2.9% compared to last year. The Construction sector and Services
sector were the strongest performers. Construction is one of the more volatile sectors and
is difficult to project within the Sales Tax umbrella. Inflationary pricing also contributed to
the overall increase in Sales Tax revenue.
17,500,000
17,000,000
16,500,000
16,000,000
15,500,000
15,000,000
14,500,000
14,000,000
13,500,000
14,727,965
2021 Actual
Sales & Use Tax - Retail
Jan - Sept
2021 - 2023
15,823,150
17, 004,160
2022 Actual 2023 Actual
6
50
Utility Tax
2023
Allocated
2023 YTD vs
Actual less 2022 YTD $
Budget 2021 Actual 2022 Actual 2023 Actual Budget Diff % Diff
3,294,842 2,770,027 3,218,118 3,219,572 (75, 270) $1,454 0.0%
Utility tax came in slightly under budget but revenues were on par with the same period
last year. Utility tax is a combination of the following utilities:
$
2022 2023 Change % Change
Cable 163,804 171,069 7,265 4.4%
Electric 1,403,974 1,356,265 (47,709) -3.4%
Gas 542,695 575,820 33,125 6.1
Telecommunications 535,249 534,608 (641) -0.1
Solid Waste 572,397 581,810 9,413 1.6%
Total 3,218,119 3,219,572 1,453 0.05%
3,300,000
3,200,000
3,100,000
3,000,000
2,900,000
2,800,000
2,700,000
2,600,000
2,500,000
2,770,027
2021 Actual
Utility Tax
Jan - Sept
2021 - 2023
3,218,118 3,219,572
2022 Actual 2023 Actual
7
51
Interfund Utility Tax
2023 2023 YTD vs
Allocated Actual less 2022 YTD $
Budget 2021 Actual 2022 Actual 2023 Actual Budget Dif % Diff
2,157,684 1,924,692 2,000,766 2,160,738 3,054 159,972 8.0%
Interfund Utility Tax is the tax the City imposes on itself for the use of utilities. All three
utilities saw an increase greater than 5% over the prior year.
$
2022 2023 Change % Change
Utility Tax -IF Surface
Water 738,913 777,822 38,909 5.3%
Utility Tax-Interfund
Sewer 705,428 766,427 60,999 8.6%
Utility Tax-Interfund
Water 556,426 616,489 60,063 10.8%
Total 2,000,766 2,160,738
2,200,000
2,150,000
2,100,000
2,050,000
2,000,000
1,950,000
1,900,000
1,850,000
1,800,000
Interfund Utility Tax
Jan - Sept
2021- 2023
1,924,692
2021 Actual
2,000,766
2,160,738
Mil
2022 Actual 2023 Actual
52
Gambling Tax
2023 YTD
2023 Actual vs 2022
Allocated 2023 less YTD $
Budget 2021 Actual 2022 Actual Actual Budget Diff % Diff
3,547,750 2,870,753 3,733,387 3,606,519 58,769 (126,868) -3.4%
Gambling Tax revenue increased sharply in 2022 over 2021. Third quarter reports a slight
cooling off compared to the same period last year. However, Q3 slightly exceeded budget,
demonstrating the anticipated slight dip in Gambling Tax revenues.
4,000,000
3,500,000
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
0
2,870,753
2021 Actual
Gambling Tax
Jan - Sept
2021 - 2023
3,733,387
3,606,519
2022 Actual 2023 Actual
9
53
Admission Tax
2023
YTD vs
2023 Actual 2022
Allocated 2021 202 2023 less YTD $
Budget Actual Actual Actual Budget Diff
731,161 253,342 685,838 681,981 (49,180) (3,857)
Diff
-0.6%
Admission tax is trending at a similar pace to the prior year. Current revenues are down
less than 1 %, compared to the same time last year.
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
0
253,342
2021 Actual
Admission Tax
Jan - Sept
2021 - 2023
685,838 681,981
2022 Actual 2023 Actual
10
54
Business Licenses
2023
YTD vs
2023 Actual 2022
Allocated 2021 2022 2023 less YTD $
Budget Actual Actual Actual Budget Diff % Diff
2,301,683 2,644,400 2,145,501 2,286,658 (15,025) 141,157 6.6%
Business License revenue has been down over the past few years. As we emerge from
the pandemic, businesses are still reporting challenges in the ability to attract candidates
to fill employment vacancies. Early in 2023 the Director of Security at Westfield Mall came
to Council and shared that businesses within the mall are having difficulty filling positions
due to safety concerns of potential job candidates. Council responded by passing a
budget that fully funded Public Safety. Local businesses are reporting a light increase
(1.7%) over the prior year. Non -Residential Business licenses have improved by greater
than 5% over the same period last year.
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
0
2,644,400
2021 Actual
Business Licenses
Jan - Sept
2021 - 2023
2,145,501
2022 Actual
2,286,658
2023 Actual
2022 2023 Change % Change
Tukwila Businesses 2,291 2,329 38 1.7%
Non -Residential Business
Licenses 2,701 2,922 221 8.2%
Total Business Licenses 4,992 5,251 259 5.2%
11
55
Building Permits
2023
YTD vs
2023 Actual 2022
Allocated 2021 2022 2023 less YTD $
Budget Actual Actual Actual Budget Diff % Diff
1,304,745 1,266,110 1,465,127 1,862,306 557,561 397,179 27.1%
Building permits have been showing steady growth over the past three years.
2,000,000
1,500,000
1,000,000
500,000
0
1,266,110
2021 Actual
Building Permits
Jan - Sept
2021 - 2023
1,465,127
1,867,306
2022 Actual 2023 Actual
Building permits have increased in both volume and valuation. YTD the number of permits
issues has increased by almost 30%. The valuation has increased by about 3% over the
same period last year. Building Permits is a volatile revenue stream that is difficult to
predict with any amount of certainty.
2022
2023
Change
% Change
# of Permits
1,126
1,439
313
27.8%
Valuation of
Permits
$151,835,692
$156,003,356
$4,167,664
2.7%
12
56
EXPENDITURES
General Fund departmental expenditures totaled $49.9 million through September, which
is $2.4 million below the allocated budget of $52 million. Department 20, which transfers
to other funds, reported $4.65 million in expenditures. This number reflects transactions
for debt payments and interfund activity. In total the General Fund activity YTD as of the
end of September was $54.56 million, which is 2.6 below the allocated budget. However,
due to ongoing labor negotiations, the $2.6 million under budget does not represent
savings.
BUDGET
ACTUAL
Allocated Budget
%
2023
2023
2021
2022
2023
vs Actual
Expendec,
$ Change % Change
DEPARTMENT
Annual
Allocated
OVER/(UNDER)
2022/2023
City Council
384,889
286,333
253,457
263,478
273,753
(12,580)
71.1%
10,275
3.9%
Mayor's Office
2,502,666
1,900,892
1,462,714
1,532,984
1,592,997
(307,895)
63.7%
60,013
3.9%
Administrative Services
5,676,491
4,166,583
3,511,068
3,414,056
4,777,319
610,736
84.2%
1,363,263
39.9%
Finance Department
3,868,642
2,849,613
1,973,945
2,471,281
2,481,681
(367,932)
64.1%
10,400
0.4%
Rec Dept/ Parks Maint
5,109,490
3,965,438
3,110,182
3,623,904
3,751,451
(213,987)
73.4%
127,547
3.5%
Community Dev
4,672,314
3,498,530
2,870,673
3,066,304
3,374,793
(123,736)
72.2%
308,489
10.1%
Municipal Court
1,741,340
1,306,005
905,547
1,148,351
1,194,503
(111,502)
68.6%
46,152
4.0%
Police Department
22,746,448
17,034,293
13,269,954
13,783,111
15,559,019
(1,475,274)
68.4%
1,775,907
12.9%
Fire Department
14,790,120
11,264,770
10,124,717
10,788,292
11,486,993
222,223
77.7%
698,700
6.5%
PW Dept / Street Maint
7,574,988
6,047,440
5,074,768
5,296,669
5,407,255
(640,185)
71.4%
110,586
2.1%
Subtotal
69,067,388
52,319,897
42,557,026
45,388,431
49,899,764
(2,420,132)
72.2%
4,511,333
9.9%
Non Departmental
6,688,881
4,825,723
3,793,874
7,588,145
4,655,390
(170,333)
69.6%
(2,932,755)
-38.6%
Total Expenditures
75,756,269
57,145,620
46,350,900
52,976,577
54,555,154
(2,590,465)
72.0%
1,578,577
3.0%
%of Year 75.0%1
As of the end of September, all departments except Administrative Services and Fire are
operating within their allocated budgets. The overage in Administrative Services is
attributed to the Private LTE project that will be reimbursed by a state grant. The increase
in Fire is due to higher than anticipated contracted services including overtime and
increased call volume with dispatch services.
13
57
The table below displays General Fund expenditures by category. All categories are
performing within budgetary expectations. Salaries& Wages appear to be significantly
below budget. This does not represent a savings. The City has been involved in ongoing
labor discussions. Upon completion of negotiations there is an expectation of a retroactive
payment of salaries that will bring the account in line with expectations.
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
Variance
Year to Date Over/(Under) % of Annual
Actual Encumbrances Annual Budget Budget
EXPENDITURES:
Salaries & Wages 27.561.307 27.561.307 18.928.035 (8.633.272) 68.7%
Benefits 10.858.318 50.000 10.908.318 7.334.654 (3.573.664) 67.5%
Supplies 678.334 90.880 769.214 310.859 (458.355) 45.8%
Repair & Maintenance Supplies 450.010 450.010 280.052 (169.958) 62.2%
Resale Supplies 2.500 2.500 - (2.500) 0.0%
Small Tools 213.203 213.203 62.264 (150.939) 29.2%
Technology Supplies 110.798 232.416 343.214 270.859 (72.354) 244.5%
Fleet Supplies 7.000 - 7.000 4.758 (2.242) 68.0%
Professional Services 21.798.538 1.208.794 23.007.332 16,773.810 (6.233.521) 76.9%
Communications 440.528 - 440.528 328.380 (112,148) 74.5%
Professional Development 570.360 690 571.050 321.328 (249.722) 56.3%
Advertising 66.300 66.300 26.396 (39.904) 39 8%
Rentals 1.298.060 1.298,060 898.633 (399.426) 69.2%
Technology Services 1.031.264 1.031.264 710.731 (320.533) 68.9%
Utilities 2.244.354 2.244.354 2.003.235 (241.119) 89.3%
Repairs & Maintenance Services 1.286.418 1.286.418 1.017.489 (268.929) 79.1%
Other Expenditures 1.012.899 (325.000) 687.899 390.786 (297.113) 38.6%
Total Operating Expenditures 69.630.190 1.257,780 70.887,970 49.662.270 (21.225.700) 71 3%
Machinery & Equipment
Transfers Out
420.000 807.831 1.227,831 1.082.062 (145,769) 257.6%
5,706,078 122,151 5.828.229 3.810,823 (2.017.407) 66.8%
Total NonOperating Expenditure: 6.126.078 929.982 7.056,060 4.892.884 (2.163 176) 79.9%
Total Expenditures
75.756,268 2.187.762 77,944,030 54.555.154 (23.388.876) 72.0%
Beginning Fund Balance
Change in Fund Balance
Ending Fund Balance
19.085.142
(3.916.634)
515.168.508
(2.840.262) 16.244.880
464.849 (3.451 785)
S 12 793.095
16.244.880
(2.842.532)
S 13.402.349
14
58
CITY OF TUKWILA
2023 3rd QUARTER FINANCIAL REPORT
OTHER FUNDS FINANCIAL REPORT
Other Funds
Capital Projects
Q3 saw ongoing developments in capital projects. The Allentown Truck Reroute project
recommended alternatives for further consideration. The Transportation Element Comp
Plan incorporated community input into draft transportation networks. West Valley
Highway (1405 to Strander) Project completed significant work, including stripping and
installations. Construction progressed on Overlay & Repair, and Foster Point Repairs
were completed in Bridge Inspections. S 152nd Safe Routes to School moved forward
with design, and ADA improvements were embedded into ongoing projects. Public Works
Shops Phase 1 and Phase 2 advanced with roofing and painting updates.
Utility Funds
In the third quarter, Utility projects achieved significant milestones. The Levee
Certification/Green River Corridor project involved ongoing collaboration with the Army
Corps of Engineers. Regulatory reviews continued for the Surface Water, Water & Sewer
Comprehensive Plans, while the Surface Water Comp Plan was actively developed. The
GIS Utilities Inventory project, now nearing completion, benefited from the hired GIS Field
Technician's contributions. Construction progressed for the S 152nd Waterline Extension.
Gilliam Creek Fish Barrier Removal and Nelsen Side Channel projects advanced with
ongoing design work. Stormwater Quality Retrofit reached the 90% design stage, and the
City pursued wetland delineation for S 131st Drainage Improvements. The Annual Small
Drainage Program secured a design consultant, and NPDES Program compliance was
ensured through the successful hiring of new inspectors. The Green the Green project,
involving grants and vegetation management, continued, and the Chinook Wind Public
Access/Extension project received a grant of $280,000 for design activities.
Foster Golf Course
Foster Golf Course entered into a strategic partnership with GolfNow, a prominent player
in the online tee time booking service sector. This business arrangement has not only
facilitated an upgraded website for Foster Golf Course but has also resulted in increased
online visibility, amplifying the course's presence during customer searches for golf
facilities. Leveraging these enhancements, the department management successfully
justified a modest adjustment in Green Fees, aligning the cost of a round of golf with that
of other municipal golf courses in the city.
15
59
Equipment Rental
The Equipment Rental Fund has strategically leveraged the Enterprise Fleet Leasing
program by adding twelve new patrol vehicles into its fleet, thereby completing the
implementation of the Police Department's take-home vehicle program. This initiative not
only enhances response times but also strengthens the Police Department's competitive
edge in attracting new officers and recruits.
Additionally, the utilization of the fleet leasing program has enabled the Equipment Rental
department to capitalize on surplus vehicles during opportune periods, leading to elevated
resale values. The department has realized a noteworthy sum of $326,067 from the Sale
of Capital Assets, surpassing the budget by $164,317 (201.6%). This financial
achievement underscores the effective management and optimization of resources within
the department.
Lodging Tax
Lodging tax revenue is on pace to meet and exceed budget. Lodging tax revenue through
September is $787k and exceeds allocated budget by $61k.
Drug Seizure
For the period January 1st through September 30th, 2023, the seizure fund brought in
$79,010 through the Dept of Justice's Equitable Sharing program and $63,433 of funds
spent from these Seizure Funds was reimbursed by the Associated of Washington Cities
via their Alternative Response Team Grant (this is the program that partially funds the
Police Department's Mental Health Co -Responder program).
On the expenditure side, the Police Department sent $82,322 to Sound Mental Health as
contracted compensation for our two Mental Health Co -Responders (a portion of these
expenditures will be returned to us via the grant). The Police Department also spent
$11,423 of these Seizure Funds to replace our Special Response Team's (SWAT)
ballasted -rated helmets and $6,716 on a software program used by our detectives to aid
them in solving felony crimes.
Debt Service Funds
Debt Service is funded by budgetary approved interfund transfers. All long-term debt
obligations are paid timely and in accordance with the debt schedule.
Insurance — Active Employees / Insurance LEOFF 1 Retirees Funds
The Insurance funds are trending as anticipated. The funds are adequately funded, and
Program Cost expenditures are slightly under budget. Both funds are stable and well
positioned heading into Q4.
16
60
City of Tukwila
Contingency Fund
as of September 30, 2023
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
Variance
Year to Date Over/(Under) % of Annual
Actual Annual Budget Budget
REVENUE:
Investment Earnings 20.000 100,000 120,000 132.388 12,388 661.9%
Transfers In 170,470 170,470 (170,470) 0.0%
Total Revenues
EXPENDITURES:
20,000 270.470 290.470 132,388 (158,082) 661.9%
Total Expenditures
Beginning Fund Balance
Change in Fund Balance
Ending Fund Balance
7,042,148
20,000
S 7, 062,148
(295. 673) 6,746,475
270.470 290,470
S 7.036, 945
City of Tukwila
Hotel/Motel Tax Special Rev Fd
as of September 30, 2023
0.0%
6,746,475
132.388
S 6.878, 864
Annual
Budget
Budget Revised
Amendments Annual
(Consensus) Budget
Year to Date
Actual
Variance
Over/(Under)
Annual Budget
% of Annual
Budget
REVENUE:
Hotel/Motel Tax
720,000
- 720,000
700.171
(19.829)
97.2%
Investment Earnings
6,000
- 6,000
86.776
80,776
1446.3%
Total Revenues
726,000
- 726,000
786.947
60,947
108.4%
EXPENDITURES:
Salaries & Wages
Benefits
68,766
22,631
- 68,766
- 22,631
52.320
13.143
(16,446)
(9.488)
76.1%
58.1%
Supplies
2,000
- 2,000
154
(1.846)
7.7%
Professional Services
375,000
- 375,000
150.033
(224.967)
40.0%
Professional Development
Advertising
21,500
350,000
- 21,500
- 350,000
2.731
71.426
(18.769)
(278.574)
12.7%
20.4%
Technology Services
2,500
- 2,500
1.323
(1.177)
52.9%
Other Expenditures
70,000
- 70,000
-
(70.000)
0.0%
Total Operating Expenditures
912,397
- 912,397
291.131
(621,266)
31.9%
Indirect Cost Allocation
26,493
- 26.493
19 872
(6.621)
75.0%
Total NonOperating Expenditures
26,493
- 26,493
19.872
(6.621)
75.0%
Total Expenditures
938,890
- 938,890
311,003
(627.887)
33.1%
2,342.419
475.944
Beginning Fund Balance
Change in Fund Balance
2,048,201
(212.890)
294,218 2,342,419
- (212.890)
Ending Fund Balance
$ 1,835,311
$ 2,129,529
$ 2.818,363
17
61
City of Tukwila
Drug Seizure Fund
as of September 30, 2023
Budget Revised Variance
Annual Amendments Annual Year to Date Over/(Under) % of Annual
Budget (Consensus) Budget Actual Annual Budget Budget
REVENUE:
Grant Revenues - 60.000 60.000
Intergovernmental Revenue 35.000 35.000
Other Income 80.000 80.000
Investment Earnings 500 500
Total Revenues
63 433
79 010
3.433 0.0%
44.010 225.7%
(80.000) 0.0%
(500) 0.0%
115.500 60,000 175,500 142.443 (33.057) 123.3%
EXPENDITURES:
Salaries & Wages 100.107 (100.107) 0.0%
Benefits 48.901 (48.901) - 0.0%
Supplies 10.000 - 10.000 - (10,000) 0.0%
Small Tools 19.000 19.000 11.423 (7,577) 60.1%
Professional Services 15.000 149.008 164.008 82.322 (81,686) 548.8%
Professional Development 16.000 16.000 (16.000) 0.0%
Technology Services 22.000 22.000 6.716 (15.284) 30.5%
Total Operating Expenditures
231.008 231,008 100.462 (130.546) 43.5%
Machinery & Equipment
35.000 35.000 (35.000) 0.0%
Total NonOperating Expenditures 35.000
35.000
Total Expenditures
(35.000) 0.0%
266,008 266.008 100.462 (165.546) 37.8%
Beginning Fund Balance
Change in Fund Balance
Ending Fund Balance
435.515
(150.508)
5 285.008
(140.295) 295.220 295.220
60.000 (90.508) 41.981
5 204.713 S 337202
City of Tukwila
LTGO Debt Service Fund
as of September 30, 2023
REVENUE:
SCORE Contribution
Transfers In
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
Variance
Year to Date Over/(Under) % of Annual
Actual Annual Budget Budget
376,876 - 376,876 - (376,876)
5,802,194 5,802,194
0.0%
4.351.645 (1,450.549) 75.0%
Total Revenues 6.179,070 6,179,070 4,351.645 (1,827,425) 70.4%
EXPENDITURES:
Principal 4.005,836 4,005,836 - (4,005.836)
Interest Expense 2.173.234 2,173,234 994.044 (1,179,190)
Total Expenditures
6.179,070 6,179,070
Beginning Fund Balance
Change in Fund Balance
Ending Fund Balance
0.0%
45.7%
994,044 (5,185.026) 16.1%
3.357.601
S 3,357,601
18
62
City of Tukwila
UTGO Debt Service Fund
as of September 30, 2023
Annual
Budget
Budget Revised
Amendments Annual
(Consensus) Budget
REVENUE:
Property Tax
Investment Earnings
$ 4,485,975 $
1,200
Variance
Year to Date Overl(Under) % of Annual
Actual Annual Budget Budget
- $ 4,485,975 $
1.200
Total Revenues
4.487,175
2,473.800 $ (2,012,175) 55.1%
41,650 40,450
3470.8%
4.487,175 2,515.450
EXPENDITURES:
Principal
Interest Expense
1,980,000 1,980,000
2,505,975
(1.971,725) 56.1%
2,505,975 1,252.988
(1,980,000)
(1.252.988)
0.0%
50.0%
Total Expenditures 4,485,975 4,485,975 1,252,988 (3,232,988) 27.9%
Beginning Fund Balance
Change in Fund Balance
Ending Fund Balance
314,818
1.200
$ 316,018
87,811
402,630
1,200
$ 403,830
City of Tukwila
LID #33 & Guarantee Funds
as of September 30, 2023
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
REVENUE:
Special Assessment Interest
Investment Earnings
LID Assessment Principal
Total Revenues
125,000
3,000
400,000
125,000
3,000
400,000
402.630
1,262.462
$ 1,665.092
Variance
Year to Date Over/(Under) % of Annual
Actual Annual Budget Budget
112.694
28,509
382.843
(12.306)
25,509
(17,157)
90.2%
950.3%
95.7%
528,000 528,000 524,046 (3,954) 99.3%
EXPENDITURES:
Principal 400,000 400,000 400,000 100.0%
Interest Expense 125,000 19,188 144,188 144,188 115.4%
Total Expenditures
525,000 19,188 544,188 544,188 103.7%
Beginning Fund Balance
Change in Fund Balance
Ending Fund Balance
1.345,636
3,000
$ 1.348,636
(12,837) 1,332,799
(19,188) (16,188)
$ 1,316,612
1,332,799
(20,141)
$ 1,312,658
19
63
City of Tukwila
Residential Streets Fund
as of September 30, 2023
Annual
Budget
Budget Revised
Amendments Annual
(Consensus) Budget
Year to Date
Actual
Variance
Over/(Under)
Annual Budget
% of Annual
Budget
REVENUE:
Solid Waste Utility Tax
650,000
- 650.000
650.000
-
100 0%
Grant Revenues
4,033,000
(4.000.000) 33,000
3.133
(29,867)
0.1%
State Entitlements
268,800
- 268,800
220.737
(48.063)
82.1%
Investment Earnings
1.000
- 1.000
23.351
22.351
2335.1%
Transfers In
400,000 .
- 400.000
7.201
(392.799)
1.8%
Total Revenues
5,352,800
(4,000,000) 1,352,800
904,424
(448,376)
16.9%
PROJECTS
Traffic Calming/Residental Safety
650,000
(250,000) 400,000
65,720
(334,280)
10.1%
46th Ave S Safe Routes to School
510,000
(510.000) -
-
-
0.0%
S 152nd St Safe Routes School
4,015,000
(4,015,000) -
40.749
40.749
1.0%
S 119th St Br/ 42nd Ave S RRFB
250,000
- 250,000
114,699
(135,301)
45.9%
53rd Ave S
243,500
- 243,500
121.121
(122.379)
49.7%
42nd Ave S Phase III
243,500
- 243,500
121.370
(122.130)
49.8%
Total Expenditures by Project
5,912,000
(4,775,000) 1,137,000
463,659
(673,341)
7.8°0
Beginning Fund Balance
847,903
(113,497) 734,407
734.407
Change in Fund Balance
(559,200)
215,800
440.765
Ending Fund Balance
$ 288,703
$ 950,207
$ 1.175.171
20
64
City of Tukwila
Arterial Street Fund
as of September 30, 2023
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
REVENUE:
Solid Waste Utility Tax
Parking Tax
Real Estate Excise Tax (REET)
Permits
Franchise Fees
Grant Revenues
State Entitlements
Traffic Impact Fees
Fines and Penalties
Concurrency Fees
Investment Earnings
Variance
Year to Date Over RUnderi % of Annual
Actual Annual Budget Budget
490.000 490.000 319.683 (170.317) 65.2%
600.000 600.000 594.268 (5.732) 99.0%
500.000 500.000 190,268 (309.732) 38.1%
- 831 831 0.0%
75.000 75.000 (75.000) 0.0%
2.779.000 2.779.000 513.326 (2.265.674) 18.5%
144.800 144.800 112.785 (32.015) 77.9%
200.000 200.000 765.241 565.241 382.6%
- 11.081 11.081 0.0%
80.000 80.000 166.534 86.534 208.2%
5.000 5.000 193.018 188.018 3860.4%
Total Revenues 4.873,800 4.873.800 2,867.035 (2,006.765) 58.8%
PROJECTS
Transportation Elmnt-Comp Plan
Annual Bridge Inspections
Annual Overlay & Repair
Annual Traffic Signals
Annual Traffic Counts
S 144th St Bridge - Sidewalks
ADA Improvements 2015
Green River Trail Improvements
42nd Ave S Bridge Replacement
Allentown Truck Reroute Proj
Solid Waste Program
Wetland Monitoring
W Valley Hwy (I-405-Strander)
Public Records Request
Other/Misc
300.000 (300.000) - 180.610 180.610 60.2%
200.000 200.000 87.818 (112.182) 43.9%
1.400.000 1,400.000 1.119.538 (280.462) 80.0%
130.000 130.000 43.205 (86.795) 33.2%
6.000 6.000 0.0%
100.000 (100.000) - 261 261 0.3%
50.000 50.000 306 (49.694) 0.6%
1.297.000 (1.150.000) 147.000 89.051 (57.949) 6.9%
1.500.000 1.500.000 714.457 (785.543) 47.6%
600.000 (750.000) (150.000) 265,841 415.841 44.3%
32.195 32.195 0.0%
8.476 8.476 0.0%
654.531 654.531 0.0%
634 634 0.0%
572.662 572.662 207.539 (365.122) 36.2%
Total Expenditures by Project
6.149.662 (2.300.000) 3.849 662 3,410.463 (439.199) 55.5%
Beginning Fund Balance
Change in Fund Balance
6.570.879
.1.275.862)
(1 036 386)
2.300 000
5.534.493
1.024.138
Ending Fund Balance
3 5 295 017 S 6 558 631
5.534.493
(543.427)
S 4.991 065
21
65
City of Tukwila
Land Acq., Rec. & Park Devlpmn
as of September 30, 2023
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
REVENUE:
Property Tax
Real Estate Excise Tax (REET)
Park Impact Fees
Investment Earnings
Transfers In
Variance
Year to Date Over/(Under) % of Annual
Actual Annual Budget Budget
$ 165,000 $ $ 165,000 $ 129,956 $ (35,044)
150,000 150,000 36.224 (113,776)
100,000 100,000 980.841 880,841
8,000 8,000 122.618 114.618
64,250 51.681 115,931 64.250 (51.681)
Total Revenues
78.8%
24.1%
980.8%
1532.7%
100.0%
487,250 51,681 538,931 1,333,888 794,957 273.8%
PROJECTS
Art Projects 64.250 64,250 60.688 (3,562) 94.5%
Park Improvements 742.000 - 742,000 (742,000) 0.0%
Foster & TCC Parks Master Plan 2,588 2,588 0.0%
Parks Maintenance 147.719 147,719 0.0%
Multipurpose Trails 125,000 125,000 (125,000) 0.0%
Other/Misc 5.917 5.917 0.0%
Total Expenditures by Project
931,250 931.250 216,911 (714.339) 23.3%
Beginning Fund Balance
Change in Fund Balance
Ending Fund Balance
3,751,186
(444.000)
$ 3,307.186
(681,383) 3.069,803
51,681 (392.319)
$ 2,677.484
City of Tukwila
Urban Renewal
as of September 30, 2023
3.069.803
1,116,977
$ 4.186.781
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
REVENUE:
Investment Earnings
Sale of Capital Assets
1.350.000 - 1.350.000
Total Revenues
1,350,000 - 1,350,000
EXPENDITURES:
Utilities
Transfers Out
300.000 730,000 1.030.000
Total Expenditures
Variance
Year to Date Over/(Under) % of Annual
Actual Annual Budget Budget
64,184 64,184
0.0%
(296,496) (1,646,496) -22.0%
(232.312) (1.582.312) -17.2%
3.927
3,927
(1,030,000)
0.0%
0.0%
300,000 730,000 1,030,000 3.927 (1,026.073) 1_3%
Beginning Fund Balance
Change in Fund Balance
Ending Fund Balance
1.183,800
1,050,000
$ 2,233,800
220,443 1,404,242
(730,000) 320,000
$ 1,724,242
3,411,652
(236,239)
3,175.413
22
66
City of Tukwila
General Govemmnt Improvements
as of September 30, 2023
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
REVENUE:
Grant Revenues
Investment Earnings
Transfers In
1.800,000 (1,800,000)
1.000
100,000 (100,000)
Variance
Year to Date Over/(Under) % of Annual
Actual Annual Budget Budget
1.000 17,323 16.323
0.0%
1732.3%
0.0%
Total Revenues 1,901,000 (1,900,000) 1,000 17.323 16,323 0.9%
PROJECTS
TC HVAC Replacement
Citywide Facilities Plan
City Hall Siding Repairs
Other/Misc
2,000,000 (1.865.000) 135,000 (135,000) 0.0%
340,000 (340,000) - - - 0.0%
149,200 149,200 149,185 (15) 0.0%
5,128 5,128 - (5,128) 0.0%
Total Expenditures by Project
2,345,128 (2,055,800) 289,328 149,185 (140,143) 6.4%
Beginning Fund Balance 444,128 109,258 553,386
Change in Fund Balance (444.128) 155,800 (288,328)
Ending Fund Balance $ $ 265,058
City of Tukwila
Fire Improvements
as of September 30, 2023
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
553,386
(131,862)
$ 421.524
Variance
Year to Date Over/(Under) % of Annual
Actual Annual Budget Budget
REVENUE:
Fire Impact Fees 300,000 450.000 750,000 697.505 (52.495) 232.5%
Total Revenues
EXPENDITURES:
Transfers Out
300,000 450,000 750,000 697,505 (52,495) 232.5%
300,000 450,000 750,000 - (750.000) 0.0%
Total Expenditures
300,000 450,000 750,000 (750,000) 0.0%
Beginning Fund Balance
Change in Fund Balance
Ending Fund Balance
697,505
$ 697.505
23
67
City of Tukwila
Public Safety Plan
as of September 30, 2023
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
Variance
Year to Date Over/(Under) % of Annual
Actual Annual Budget Budget
REVENUE:
Real Estate Excise Tax (REET) 500.000 - 500.000 154.045 (345.955) 30.8%I
Fire Impact Fees 300.000 - 300.000 - (300.000) 0.0%
Investment Earnings - 36,625 36,625 0.0%
Transfers In 300.000 450.000 750.000 (750,000) 0.0%
Total Revenues
1,100.000 450,000 1,550,000 190.670 (1,359,330) 17.3%
EXPENDITURES:
Repairs & Maintenance Services
Transfers Out
1.319.019 1,319,019
Total Expenditures 1.319,019
(1,700) (1,700)
1,319,019 (1,700)
Beginning Fund Balance
Change in Fund Balance
Ending Fund Balance
538,557
(219,019)
$ 319,538
453,309 991,865
450,000 230,981
$ 1,222,846
City of Tukwila
City Facilities
as of September 30, 2023
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
REVENUE:
Investment Earnings
Transfers In
1.000 - 1,000
2.140,000 1.000,000 3.140,000
Total Revenues
2,141,000 1,000,000 3,141,000
PROJECTS
Public Works Shops 2,500,000 200,000
Minkler Improvements 200,000 (200,000)
Other/Misc - -
2,700,000
0.0%
(1,319,019) 0.0%
(1,320.719) -0.1%
991,865
192,369
$ 1,184.235
Variance
Year to Date Over/(Under) % of Annual
Actual Annual Budget Budget
26.541 25.541
(3.140.000)
2654.1%
0.0%
26.541
(3,114,459) 1.2%
1.779.370 (920,630) 71.2%
0.0%
0.0%
Total Expenditures by Project 2,700,000 2.700,000 1,779.370 (920.630) 65.9%
Beginning Fund Balance
Change in Fund Balance
Ending Fund Balance
2,274,324
(559.000)
$ 1.715,324
(314.958) 1,959,366
1,000,000 441,000
$ 2,400,366
1.959.366
(1,752,829)
$ 206.537
24
68
City of Tukwila
Water Utility Fund
as of September 30. 2023
8u:get Revised Variance
Annual Amendments Annual Year to Date Oveo'IUnder) % of Annual
BL.i.toct 1Consensusl Budget Actual Amual Budget Budget
REVENUE:
Viater Saes
Security Revenue
Interest on Recelvablez
21.000
7.647.000 6.161.545
8.557
21.000 19.143
11.485.4551
8.557
11.857)
80.6`5
0.0'%,
91.2'h
TOW OperaSrg Revere ee 7.668.000 7.668.000 6.189.245 (1.478.755) 80.7%
Investment Earning: 60.000 .50 C00 147 4.87 81.487 235.8` 1
Told Non-Ogenling Revenues 60.000 60.000 141.487 81.487 235.8%
TOW Revenues 7 728.000 7.728.000 6 330.732 11.397.2681 81.9'%,
EXPENDITURES.
Salares 8 Wages 707.380 707.380 547.612 (159.768) 77.4%
BeneCts 274.851 274.851 251.367 (23.484) 91.5%
Supp:es 29.000 29.000 13.027 (15.973) 44.9%
Repair & Mantenance Supplies 115.500 115.500 55.127 (60.373) 47.7%
Small Tools 14.000 - 14.000 6.915 (7.085) 49.4%
Technology Supplies 1.000 1.000 396 (604) 39.6%
Utility rund Supplies 2773243 2.773.243 2.611.186 (162.057) 94.2%
Professional Services 115.491 115,491 181.510 66.019 157.2%
Communications 8.000 8.000 5.795 (2.205) 72.4%
Pro(essonal Development 12.000 12.000 12.477 477 104.0%
Advertising 1.459 1.459 0.0%
Rentals 1.600 1.600 1,782 182 111.4%
Technology Services 15.000 15.003 17,051 2.051 113.7%
Utilities 46.600 46.600 19.599 (27.001) 42.1%
Repairs 8 Maintenance Services 94.976 94.976 325.154 230.178 342.4%
Other Expenses 1.131.750 1,131.750 998.851 (132.899) 88.3%
TOW Operating Expendhoes 5.340.390 5.340.330 5.049.309 (291.082) 94.6%
Other Capital Improvements 50.000 50.000 (50.000) 0.0%
Construction Prolectr 1.880.000 1.880.000 466.103 (1.413.897) 24.8%
Principal 122891 122.891 80.625 (42.266) 65.6%
Interest Expense 4.929 4.929 2.868 (2.062) 58.2%
Transfers Out 1.052.804 1,052.804 283.353 (769.451) 28.9%
Indirect Cost AIlocrton 740.347 740.347 555.264 (185.083) 75.0%
Ta111 NonOper.Lng ExpenditureS 3.850.972
3.650.972
' 388.213 (2.462.7591 38.0%
TOW 6tpendRwes
9.191.362
9.191.362
8.437522 (2.753.840) 70.0%
Beginning Fund Balm •.
Change it Fund Balance
Ending fund Balance
4.690.562
(1.463.3821
S 3.227.2C0
479.614 5.170.176
'.463.3621
S 3.7C6 814 S
5.170.176
(106.7901
5.063.386
25
69
City of Tukwila
Sewer Utility Fund
as of September 30. 2023
Budget Rcwscd
Annual Amendment: Annual Year to Data
Budget (Consensus' Budget Budget
Variance
Year to Date Over,iUrder) % of Annual
Actual Annual Budget Budget
REVENUE
Sewer Sates 10,802 300 10.802.300 8.101,725 7.659.358 i2 4=.942I 70 y`:
Intern onRccenavabie: 30.000 30.000 22.500 45.7'5 15.7'5 -524`
Told Operating Revenue* 10.832300 10.832.300 8.124,225 7,706.073 (3.1272271 71.1%
Investment Earnings 50.000 50.000 37.500 369.050 319.050 738.1%
Total Non-OpaeBlq Re en e8 50.000 50.000 37.500 369.050 319.050 738.1%
Total Revenues 10.662300 10.882.300 8.161.725 8.074.123 12.808.177) 74.2%
ExPENDfTUFRES:
Salares 8 Wage: 947.190 947.190 710.393 648.398 (298.792) 68.5%
Benefits 340.550 340.550 255.414 282.750 (57.801) 83.0%
Supp:cs 6200 6.200 4.650 4.512 (1.688) 72.8%
Repair & )d3ntenancc Swplres 17,600 17.600 13200 8.536 (9.064) 48.5%
Small Tools 5.000 5.000 3.750 3,439 (1,561) 68.8%
Technology Supplies 2.500 2.500 1.875 - (2500) 0.0%
Utility rtrtd Supplas 5.525.960 5.525.950 4.144,470 3229.546 (2.29(5.414) 58.4%
Professional Service.: 253437 253.437 197.312 244.816 (8.621) 96.8%
Communications 7.000 7.000 5.250 2.994 (4.006) 42.8%
Professional Development 5000 - 5.000 3,750 1.827 (3.173) 36.5%
Adyorusmg - - 1.535 1,535 0.0%
Rentals 24.916 24.916 18.687 17.199 (7,717) 69.0%
Technology Services 153000 15.000 11250 18.341 3.341 122.3%
Utilities 50.430 50.430 37.823 30.058 (20.372) 59.8%
Repairs S Maintenance Services 1.127.567 1127.567 758.174 402.535 (725.032) 35.7%
Other Expenses 1.342 930 1.342.930 1.007.197 • 007.454 035.476) 75.0%
TOW Operating Experdlaee 9.671.281 9671281 7.173.194 5.903.941 13.787.340) 61.0%
Corructron Pro.ectr. 1.300.000 1.300.030 866.667 '1,300.000) 0.0%
Principal 334223 334.223 233.436 233436 (100.787) 69.8%
Intern Expense 13.813 13.813 8.897 8.897 (4.916) 64.4%
Transfers Out 605.949 605.949 460.963 175.962 (429.987) 29.0%
Indirect Cost Allocaton 623.733 623.733 467.802 467.802 (155.931) 75.0%
Total NonOpeailg Expenditures 2 877 719
2.877.719 2.037.764
888.097 (1.901.622) 30.8%
Total Expers:Ilk/es 12,549.000 - 12509.003 9210.969 6.790.038 15,758.982) 54.1%
Beginning rune O:rarce
Chanoc n run:" "cc
11.742.027 536.097 12 278.125
(1.866.700) :56,7001
Endmq r.:•• • " S 10.075.327
S • 425
12 278.125
264.065
13 562.210
70
City of Tukwila
Foster Golf Course
as of September 30, 2023
3uoget Re•.' sei
Annual Amendments Anrua
Budget (Consensus) Buoget
REVENUE:
E..c se T3:.e3
3'-i Re_.ea:: i. Fees
Total Operating Revenues
3.000
1.412.500
145.000
2.000
t C.000
100.000
Variance
Year to Date Over!(Under) % of Annual
Actual Annual Budget Budget
3.000 - (3.000) 0.0%
1.512.500 1.808.022 95.522 113.8%
145.000 150.473 5.473 103.8%
2.000 1.405 (595) 70.3%
10.000 28.886 18.888 288.9%
1 572.500 130.003 1.872.E 1.788.588 116.086 113.7%
Investment Earnings 2000
Rent & Concessions 423.3C0
Transfers In 3C0.000
Sale of Capital Assets -
2,030
42.0.030
300.000
51.472
423.466
225.000
12.800
49.472
3.408
(75.000)
12.800
2573.8%
100.8%
75.0%
C.0%
Total Non -Operating Revenues 722.000 722.030 712.738 (9.262) 98 7%
Total Revenues
2.294.500 100.000 2.394.500 2.501. 323 106.823 109.0 %
EXPENDITURES:
S3 3res & . ges 931.842 931.642 817.722 (314.519) 68.2%
3ene5s 372.040 372.040 272.193 (99.847) 73.2%
Slop es 4.250 4.250 4.019 (231) 94.6%
Repair & Maintenance Supplies 83.500 83.500 108.985 23.465 128.1%
Resale Supp. es 98.500 96.500 101.050 4.550 104.7%
Small Tools 4.500 4.500 82.585 78.085 1834.8%
Fleet Supplies 38.000 - 38.000 28.688 (9.312) 74.1%
Professional Services 32.575 25.000 57.575 58.816 (759) 174.4%
Communications 4.900 4.900 7.176 2.278 148.5%
Professional Development 1.935 - 1.935 1.990 55 102.8%
Advertising 5.000 5.000 4.476 (524) 89.5%
Rentals 39.000 39.000 28.167 (10.833) 72.2%
Technology Services 4.000 4,000 - (4.000) 0.0%
Utilities 82.700 - 82.700 70.180 (12.520) 84.9%
Repairs & Maintenance Services 34.500 50.000 84.500 149.378 64.876 433.0%
Other Expenses 30.520 25.000 55.520 65.728 10.206 215.4%
Total Operating Expenditures 1.783.582 100.000 1.863.582 I 1.504.5111 (269.051) 90.4%
Other Capital Improv e^-erts
Machinery & Equipment
Indirect Cost Allocation
230.000 80.000 310.000 (310.000) 0.0%
100.000 100.000 28.582 (71.418) 28.6%
219.309 219.309 184.484 (54.825) 75.0%
Total NonOperating Expenditures
549.309 80.000 629.309 193.086 (438.243) 35.1%
Total Expenditures
2.312.871 180.000 2.492.871 1.787.577 (705.294) 77.3%
27
71
City of Tukwila
Surface Water Utility Fund
as of September 30, 2023
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
RE''.ENUE
7.717.500
Z 176.000
1.444.000
Total Operating Revenues 11.337.500
.es:me : Ear^. --
7.717,500
2.178.000
1.444.000
Variance
Year to Date Over;(Under) % of Annual
Actual Annual Budget Budget
7.787.059
81,177
92.747
49.559
(2.114.823)
(1.351.253)
100.8%
2.8%
8.4%
11,337.500 7.920.983 (3.416,517) 89.9%
30.000 30.000 230.693 230.693 789.0%
Total Non -Operating Revenues
30.000 30.030 230.693 200.693 769.0%
Total Revenues
11,367.500 11.387.500
8.151.677 (3.215.823) 71.7%
EXPENDITURES:
Sa ares & Wages 1.555.045 1.555.045 906.268 (848. 77) 58.3%
Benefits 703.378 700.378 413.927 (286.451) 59.1%
Suppmes 20.300 20.300 15.053 (5.247) 74.2%
Repair & Maintenance Supplies 17.500 17.500 11.870 (5.830) 87.8%
Small Tools 8,500 8,500 9.057 2.557 139.3%
Technology Supplies 500 500 1.804 1.104 320.8%
Professional Services 4.103,137 4.103.137 503.787 (3.599.350) 12.3%
Communications 7.100 7,100 7,877 577 108.1%
Professional Development 7.990 7.990 6.128 (1.884) 76.7%
Advertising - - 1.939 1.939 0.0%
Rentals 4,000 4.000 12 (3.988) 0.3%
Technology Services 3.000 3.000 18.887 13.887 582.9%
Utilities 90.885 90.685 18.170 (72.515) 20.0%
Repairs & Maintenance Services 59.000 59.000 35.999 (23.001) 81.0%
Other Expenses 882.475 882,475 853.337 (9.138) 98.9%
Total Operating Expenditures 7.437.810 7.437,810 2.801.713 (4.635.397) 37.7%
Other : ap:tal ! mp-overner s 900.000 900.030 - (930.000) 0.0%
Construction Projects 1.687,000 1.887,000 30.114 (1.858.886) 1.8%
Principal 278.883 278.883 250.358 (19.507) 93.0%
Interest Expense 4,497 4,497 3.545 (952) 78.8%
Transfers Out 1.441.812 1,441.612 377.959 (1,083.853) 26.2%
Indirect Cost Allocation 659.842 859.842 494.883 (164.959) 75.0%
To NonOperating Expenditures 4.971,813
4.971.813
Total Expenditures
1.165.857 (3.805.957) 23.4%
12,400.424 12.409.424 3067.570 (8.441.854) 32.0%
28
72
City of Tukwila
Equipment Rental
as of September 30, 2023
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
Variance
Yew to Date Over/(Under) % of Annual
Actual Annual Budget Budget
RE'.ENJE
. _ . _ . _ _ _ 2.058.241 2.058.241 1.542,178 (514.065) 75.0%
E. _ _ _ •_ : - - 85 85 0.0%
Investment Earnings 20.000 20.000 153.138 133.138 785.7%
Sa'e of Capital Assets 181,750 181.750 328.087 184.317 201.8%
Total Revenues 2.237.991 2.237.991 2.021,464 (218.52, i 9C 3%
EXPENDITURES:
Sa ares & Wages 478.273 478,273 257.889 (218.404) 54.1%
Benefits 227,102 227.102 130,859 (98.443) 57.5%
SuppZies 3.350 3.350 2.316 (1.034) 89.1%
Repair & Maintenance Supplies 643 843 0.0%
Small Toots 10,750 10.750 4.482 (8.268) 41.7%
Technology Supplies 8,200 8.200 339 (5.881) 5.5%
Fleet Supplies 710.000 710,000 528.218 (181.783) 74.4%
Professional Services 102.100 102.100 101.917 (183) 99.8%
Communications 5.000 5.000 3.584 (1.438) 71.3%
Professional Development 5,850 5.850 5.802 (48) 99.2%
Advertising 50 50 0.0%
Rentals 1,500 1.500 273.847 272,347 18258.5%
Technology Services 10.500 10.500 4,684 (5.818) 44.8%
Utilities 4,000 4,000 784 (3.238) 19.1%
Repairs & Maintenance Services 153.771 153,771 200,143 46.372 130.2%
Other Expenses 500 500 - (500) 0.0%
Total Operating Expenditures 1.718.896 1,710,896 1,515.298 (201509) 88.3%
Machinery & Equipment
Indirect Cost Allocation
1.143.558 1.143.558 147,238 (998,318) 12.9%
350.392 350.392 282.791 (87.601) 75.0%
Total NonOperating Expenditures 1.403.9413
1.493,948
410,029 (1.083.919) 27.4%
Total Expenditures 3,210.844 3.210.844 1,925.328 (1.285.518) 80.0%
Beginning Fund Balance 4.322.760 (100.403) 4.222.357
Change in Fund Balance (972.853) - (972.853)
Ending Fund Balance S 3.349.937 $ 3.249.504
4.222.357
96.138
4.318.495
29
73
City of Tukwila
Insurance - Active Employees
as of September 30, 2023
REVENUE:
Investment Earnings
Employee Trust Contributions
Employer Trust Contributions
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
6,000
294,885
5.903,457
6,000
294,885
5.903,457
Variance
Year to Date Over/(Under) % of Annual
Actual Annual Budget Budget
149.059 143,059
117,362 (177.523)
4.202.484 (1,700.973)
2484.3%
39.8%
71.2%
Total Revenues 6,204,342 6,204,342 4,468,905 (1,735,437) 72.0%
EXPENDITURES:
Insurance Program Costs 5,750,222 5,750,222 4,102.303 (1,647,919) 71.3%
Supplies 628 628 0.0%
Professional Services 100,000 100,000 47.577 (52.423) 47.6%
Other Expenses 21,000 21,000 102 (20.898) 0.5%
Total Operating Expenditures 5,871,222 5,871,222 4,150,610 (1,720.612) 70.7%
Indirect Cost Allocation 189,639 - 189.639 142.227 (47.412) 75.0%
Total NonOperating Expenditures 189,639
189,639 142,227 (47,412) 75.0%
Total Expenditures
6,060,861 6.060,861 4,292,837 (1,768.024) 70.8%
Beginning Fund Balance 764,171 1,607,526 2,371,697
Change in Fund Balance 143,481 - 143,481
Ending Fund Balance $ 907,652 $ 2,515,178
City of Tukwila
Insurance - LEOFF I Retirees
as of September 30, 2023
2,371,697
176.068
$ 2,547,766
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
Variance
Year to Date Over/(Under) % of Annual
Actual Annual Budget Budget
REVENUE:
Investment Earnings 500 500 5.583 5,083 1116.6%
Employer Trust Contributions 350,000 50.000 400,000 239.738 (160.262) 68.5%
Total Revenues
350,500 50,000 400,500 245.321 (155,179) 70.0%
EXPENDITURES:
Insurance Program Costs 426,296 - 426,296 348.239 (78,057) 81.7%
Professional Services 5,000 - 5,000 (5,000) 0.0%
Other Expenses 500 500 (500) 0.0%
Total Operating Expenditures
431,796 431,796 348.239 (83,557) 80.6%
Indirect Cost Allocation
12.642 - 12.642 9.486 (3,156) 75.0%
Total NonOperating Expenditures 12.642
12.642 9.486 (3.156) 75.0%
Total Expenditures
444,438 444,438 357,725 (86,713) 80.5%
Beginning Fund Balance
Change in Fund Balance
Ending Fund Balance
258,737
(93.938)
$ 164,799
(84,183) 174,554
50,000 (43.938)
$ 130,616
174,554
(112,404)
$ 62.150
30
74
City of Tukwila
Firemen's Pension Fund
as of September 30, 2023
Budget Revised
Annual Amendments Annual
Budget (Consensus) Budget
Variance
Year to Date Over/(Under) % of Annual
Actual Annual Budget Budget
REVENUE:
Fire Insurance Premium Tax 74.000 - 74,000 86.708 12,708 117.2%
Investment Earnings 1.500 - 1.500 55,424 53.924 3694.9%
Total Revenues
75,500 - 75,500 142.132 66,632 188.3%
EXPENDITURES:
Benefits 60,000 60,000 - (60.000) 0.0%
Professional Services 2,000 2,000 - (2.000) 0.0%
Total Operating Expenditures
62,000 62,000 (62.000) 0.0%
Total NonOperating Expenditures - 0.0%
Total Expenditures
62,000 62,000 (62.000) 0.0%
Beginning Fund Balance 1,543,370 22,737 1,566,108
Change in Fund Balance 13.500 - 13,500
Ending Fund Balance $ 1,556,870 $ 1,579,608
1,566,108
142,132
$ 1,708.240
31
75