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HomeMy WebLinkAbout2025 Financial Report - Quarter 2 General FundCity of Tukwila Quarter 2 Financial Report April — June, 2025 General Fund Overview General Fund Overview Revenues $ 42,748,682 $ 71,601,037 59.7% Transfers In 2,215,258 4,836,952 45.8% Expenditures 35,799,106 70,298,671 50.9% Transfers Out 2,215,196 4,663,479 47.5% Net Revenues Less Expenditures $ 6,949,638 $ 1,475,839 % of Year Complete 50.0% General Fund figures include General Fund and Contingency Fund, a Sub -Fund of the General Fund 0 $80 0 0 $70 $60 $50 $40 $30 $20 $10 General Fund Overview MM iiiiiiiiiiim MM iiiiiiiiiiilm Revenues Transfers In Expenditures Transfers Out ■ Year to Date ■ Budget City of Tukwila Monthly Finance Report 1 General Fund Overview - Revenues and Transfers In by Category Taxes: Property Tax $ 11,999,227 $ 6,749,595 $ (5,249,632) 56.3% Sales & Use Tax 23,283,886 11,564,090 (11,719,796) 49.7% Other Sales Taxes 1,163,100 532,795 (630,305) 45.8% Gambling Taxes 4,349,500 1,781,450 (2,568,050) 41.0% Business & Occupation Taxes 2,400,000 1,455,555 (944,445) 60.6% Utility Taxes 4,493,702 2,475,342 (2,018,360) 55.1% Interfund Utility Taxes 3,167,729 1,805,010 (1,362,719) 57.0% Admission Taxes 859,235 545,274 (313,961) 63.5% Leasehold Excise Tax 260,000 136,726 (123,274) 52.6% Business Licenses 3,445,500 1,204,450 (2,241,050) 35.0% Building Permits & Rental Housing Permits 1,985,200 1,160,829 (824,371) 58.5% Intergovernmental Payments 5,313,474 5,846,663 533,189 110.0% Charges for Services 2,612,121 1,474,373 (1,137,748) 56.4% Miscellaneous Revenue 1,568,363 1,505,094 (63,269) 96.0% Transfers In - Indirect Cost Allocation 3,111,694 1,555,846 (1,555,848) 50.0% Transfers In From Other Funds 1,725,258 659,412 (1,065,846) 38.2% Sale of Capital Assets 4,700,000 4,511,436 (188,564) 96.0% Total $ 76,437,989 $ 44,963,940 $ (32,141,877) 58.8% Percent of Year Complete: 50.0% City of Tukwila Monthly Finance Report 2 Property Tax Sales & Use Tax Gambling Taxes Business & Occupation Taxes Utility Taxes Interfund Utility Taxes - Business Licenses Building Permits & Rental Housing Permits EM Intergovernmental Payments Charges for Services maim Miscellaneous Revenue i Transfers In - Indirect Cost Allocation - Transfers In From Other Funds am Sale of Capital Assets General Fund Major Revenues $- $1 $2 $3 $4 $5 $6 $7 $8 $9 $10 $11 $12 $13 $14 $15 $16 $17 $18 $19 $20 $21 $22 $23 $24 $25 Millions ■ Revenues and Transfers In YTD ■ Total Budget City of Tukwila Monthly Finance Report 3 General Fund: Year -to -Year Revenues and Transfers In •• 2023 Revenues Through June 2024 Revenues Through June Taxes: Property Tax $ 9,376,326 $ 9,683,846 $ 6,749,595 $ (2,934,251) -30.3% Sales & Use Tax 10,620,212 11,598,122 11,564,090 (34,032) -0.3% Other Sales Taxes 585,459 535,463 532,795 (2,668) -0.5% Gambling Taxes 2,334,179 2,162,616 1,781,450 (381,166) -17.6% Business & Occupation Taxes - 349,284 1,455,555 1,106,271 +316.7% Utility Taxes 2,288,456 2,360,365 2,475,342 114,977 +4.9% Interfund Utility Taxes 1,608,724 1,672,580 1,805,010 132,430 +7.9% Admission Taxes 444,385 381,681 545,274 163,593 +42.9% Leasehold Excise Tax 121,273 128,894 136,726 7,832 +6.1% Business Licenses 1,339,496 1,301,930 1,204,450 (97,480) -7.5% Building Permits & Rental Housing Permits 1,130,249 977,405 1,160,829 183,424 +18.8% Intergovernmental Payments 2,858,673 4,716,396 5,846,663 1,130,267 +24.0% Charges for Services 1,295,313 1,017,801 1,474,373 456,572 +44.9% Miscellaneous Revenue 800,202 1,497,507 1,505,094 7,587 +0.5% Transfers In - Indirect Cost Allocation 1,411,206 1,481,763 1,555,846 74,083 +5.0% Transfers In From Other Funds - 225,891 659,412 433,521 +191.9% Sale of Capital Assets - - 4,511,436 4,511,436 - Total $ 36,214,153 $ 40,091,544 $ 44,963,940 $ 4,872,396 +12.2% City of Tukwila Monthly Finance Report 4 General Fund Major Revenues Prior Year Comparisons YTD Property Tax Sales & Use Tax Gambling Taxes Business & Occupation Taxes Utility Taxes Interfund Utility Taxes Business Licenses Building Permits & Rental Housing Permits - Intergovernmental Payments Charges for Services Miscellaneous Revenue Transfers In - Indirect Cost Allocation Transfers In From Other Funds Sale of Capital Assets $- $1 $2 $3 $4 $5 $6 $7 $8 $9 $10 $11 $12 $13 Millions 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 5 City Council Mayor's Office Finance Department Community Development (DCD) Municipal Court Police Department Fire Department Recreation Department Park Maintenance Dept Public Works Dept Street Maintenance Dept Non -Departmental Expenses Transfers Out - Debt Service Transfers Out to Other Funds Total General Fund Overview - Expenditures & Transfers Out by Department $ 400,093 $ 185,339 $ 214,754 46.3% 9,748,218 4,356,475 5,391,743 44.7% 4,343,230 2,864,900 1,478,330 66.0% 5,732,921 2,559,532 3,173,389 44.6% 2,329,525 1,084,097 1,245,428 46.5% 28,411,330 13,902,343 14,508,987 48.9% 1,398,192 523,740 874,452 37.5% 4,110,113 1,613,058 2,497,055 39.2% 2,659,037 1,512,459 1,146,578 56.9% 4,977,693 2,386,638 2,591,055 47.9% 4,761,271 2,763,290 1,997,981 58.0% 1,427,046 2,047,235 (620,189) 143.5% 3,692,390 1,846,196 1,846,194 50.0% 971,089 369,000 602,089 38.0% $ 74,962,148 $ 38,014,302 $ 36,947,846 Percent of Year Complete: 50.7% 50.0% City of Tukwila Monthly Finance Report 6 N $30,000 c co N 7 O L $25,000 $20,000 $15,000 $10,000 $5,000 $- G�J�G\ D�Ge o� General Fund Expenditures and Transfers Out by Department 1111 . 1 F`�m�Ge OGO GoJ� Qo\\Ge =, 1 , 11 11 1, 1 .0 6e oo ao ,E5 ae e5 ae a5 ` of ` Q G`ea� o �e�ao QeoS �oc� `foo Qe eq, Qat tioo� ��c` J�tio OeQ �e�5 ■ Expenditures and Transfers Out YTD ■ Total Budget City of Tukwila Monthly Finance Report 7 General Fund Overview - Year -to -Year Expenditures & Transfers Out by Department Total $ 35,982,226 $ 40,000,385 $ 38,014,302 $ (1,986,083) -5% Notes: 1 I 2025, vehicle leases across the General Fund are now Non -Departmental exenses. From 2023-2024, these expenses were paid from savings accumulated in the Fleet Fund City of Tukwila Monthly Finance Report 8 2023 Expenses through 2024 Expenses through a June June City Council $ 187,650 $ 198,798 $ 185,339 $ (13,459) -6.8% Mayor's Office 3,772,250 4,143,728 4,356,475 212,747 +5.1% Finance Department 1,694,394 2,384,934 2,864,900 479,966 +20.1% Community Development (DCD) 2,174,326 2,341,460 2,559,532 218,072 +9.3% Municipal Court 821,248 1,006,528 1,084,097 77,569 +7.7% Police Department 10,260,103 11,958,169 13,902,343 1,944,174 +16.3% Fire Department 7,518,435 8,291,980 523,740 (7,768,240) -93.7% Recreation Department 1,388,171 1,511,118 1,613,058 101,940 +6.7% Park Maintenance Dept 999,112 1,139,733 1,512,459 372,726 +32.7% Public Works Dept 2,086,555 2,137,880 2,386,638 248,758 +11.6% Street Maintenance Dept 2,063,666 2,305,904 2,763,290 457,386 +19.8% Non -Departmental Expenses' 491,402 282,321 2,047,235 1,764,914 +625.1% Transfers Out - Debt Service 2,374,914 2,103,172 1,846,196 (256,976) -12.2% Transfers Out to Other Funds 150,000 194,660 369,000 174,340 +89.6% Total $ 35,982,226 $ 40,000,385 $ 38,014,302 $ (1,986,083) -5% Notes: 1 I 2025, vehicle leases across the General Fund are now Non -Departmental exenses. From 2023-2024, these expenses were paid from savings accumulated in the Fleet Fund City of Tukwila Monthly Finance Report 8 General Fund Expenditures by Department Prior Year Comparions YTD N $16,000 a C: m 0 0 .I_- $14,000 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $- G°JCG\ O'oa coa o� GO J ,Ge \ta \oc oz o�5 coz ya5 \oa cae O G° Q°� Qat 5��aa� dao Oro OaQ �0�5 hoc �`aoe 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 9 General Fund Overview - Expenditures by Category Category 2025 Total Budget 2025 % of Annual Budget Salaries, Wages, & Overtime $ 33,466,376 $ 15,900,942 $ 17,565,434 47.5% Benefits 12,851,718 5,879,419 6,972,299 45.7% Supplies 1,640,914 670,031 970,883 40.8% Services 22,109,457 12,629,199 9,480,258 57.1% Land, Structures, Machinery, Equipment 200,000 719,514 (519,514) 359.8% Other Expenditures 30,205 - 30,205 0.0% Transfers Out - Debt Service 3,692,390 1,846,196 1,846,194 50.0% Transfers Out to Other Funds 971,089 369,000 602,089 38.0% Total $ 74,962,149 $ 38,014,301 $ 36,947,848 50.7% Percent of Year Complete: 50.0% General Fund Expenditures and Transfers Out by Category N $40,000 $35,000 0 ~ $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 . $- �� �■ Salaries, Wages, & Benefits Supplies Services Land, Structures, Other Expenditures Transfers Out - Debt Transfers Out to Other Overtime Machinery, Equipment Service Funds ■ Expenditures and Transfers Out YTD ■ 2025 Total Budget City of Tukwila Monthly Finance Report 10 General Fund: Year -to -Year Expenditures & Transfers Out by Category Total $ 35,982,227 $ 40,000,383 $ 38,014,301 $ (1,986,082) General Fund Expenditures by Category Prior Year Comparions YTD 0 $18,000 $16,000 0 L ~ $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 Salaries, Wages, & Benefits Supplies Overtime Services Services excluding Land, Structures, PSRFA Fire Contract Machinery, Equipment 2023 2024 ■ 2025 -5.0% Other Expenditures Transfers Out - Debt Transfers Out to Other Service Funds City of Tukwila Monthly Finance Report 11 2023 Expenses through 2024 Expenses through 2025 June June June Salaries, Wages, & Overtime $ 12,552,264 $ 14,419,283 $ 15,900,942 $ 1,481,659 +10.3% Benefits 4,936,374 5,335,668 5,879,419 543,751 +10.2% Supplies 686,663 615,379 670,031 54,652 +8.9% Services 15,277,782 17,106,330 12,629,199 (4,477,131) -26.2% Services excluding PSRFA Fire Contract 8,715,483 9,873,696 12,629,199 2,755,503 +27.9% Land, Structures, Machinery, Equipment 4,230 225,891 719,514 493,623 +218.5% Other Expenditures - - - - Transfers Out - Debt Service 2,374,914 2,103,172 1,846,196 (256,976) -12.2% Transfers Out to Other Funds 150,000 194,660 369,000 174,340 +89.6% Total $ 35,982,227 $ 40,000,383 $ 38,014,301 $ (1,986,082) General Fund Expenditures by Category Prior Year Comparions YTD 0 $18,000 $16,000 0 L ~ $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 Salaries, Wages, & Benefits Supplies Overtime Services Services excluding Land, Structures, PSRFA Fire Contract Machinery, Equipment 2023 2024 ■ 2025 -5.0% Other Expenditures Transfers Out - Debt Transfers Out to Other Service Funds City of Tukwila Monthly Finance Report 11 Fund 101 Hotel/Motel Special Revenue Fund Overview - Revenues $ 384,330 $ 897,750 42.8% Expenditures 200,374 992,204 20.2% Transfers Out 14,605 29,209 50.0% Net Revenues Less Expenditures $ 169,351 $ (123,663) % of Year Complete 50.0% City of Tukwila Monthly Finance Report 12 Fund 101 Hotel/Motel Special Revenue Fund Expenditures and Transfers Out by Category F L;ategory 99 21,25 Salaries, Wages, & Overtime $ Benefits Supplies Services Transfers Out - Internal Cost Allocation 51,393 $ 20,561 3,000 917,250 29,209 25,957 $ 5,775 - 168,642 14,605 25,436 14,786 3,000 748,608 14,604 50.5% 28.1% 0.0% 18.4% 50.0% Total $ 1,021,413 $ 214,979 $ 806,434 21.0% Fund 101 Expenditures % of Year Complete N $1,200 c 50.0% CU o $1,000 L H $800 $600 $400 $200 2025 Expenditures YTD 2025 Total Budget Revenues and Transfers In by Category Category 2025 Total Budget 2025 Revenues Budget Variance Budget Variance through June (Unfavorable) / Favorable % of Annual Budget Hotel/Motel Tax $ 850,000 $ 349,786 $ (500,214) 41.2% Investment Earnings 47,750 34,544 (13,206) 72.3% Total $ 897,750 $ 384,330 $ (513,420) 42.8% Fund 101 Revenues % of Year Complete ,in no/. N $1,000 c N $900 0 0 L F— $800 $700 $600 $500 $400 $300 $200 $100 2025 Revenues YTD City of Tukwila Monthly Finance Report 2025 Total Budget 13 Fund 101 Hotel/Motel Special Revenue Fund Year -to -Year Expenditures & Transfers Out by Category qr 2023 Expenses 2024 Expenses r r r Category through June through Junethrough June $ % Salaries, Wages, & Overtime $ 35,129 $ 45,962 $ 25,957 $ (20,005) -43.5% Benefits 8,863 10,715 5,775 (4,940) -46.1% Services 130,497 205,262 168,642 (36,620) -17.8% Transfers Out - Internal Cost Allocation 13,248 13,910 14,605 695 +5.0% Total $ 187,891 $ 275,849 $ 214,979 $ (60,870) -22.1% Fund 101 Hotel/Motel Special Revenue Fund Year -to -Year Revenues and Transfers In by Category 2023 Revenues 2024 Revenues through June through June Hotel/Motel Tax $ 384,699 $ 377,063 $ 349,786 $ (27,277) -7.2% Investment Earnings 54,688 78,348 34,544 (43,804) -55.9% Total $ 439,387 $ 455,411 $ 384,330 $ (71,081) -15.6% Fund 101 Prior Year Comparisons YTD Expenditures and Transfers Out Revenues and Transfers In $- $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 14 Fund 103 Residential Street Fund Overview Revenues $ 158,403 $ 1,130,000 14.0% Expenditures 51,098 850,000 6.0% Net Revenues Less Expenditures $ 107,305 $ 280,000 % of Year Complete 50.0% City of Tukwila Monthly Finance Report 15 Fund 103 Residential Street Fund Expenditures and Transfers Out by Category Supplies $ - $ 5,266 $ (5,266) Services 850,000 45,832 804,168 5.4% Total $ 850,000 $ 51,098 $ 798,902 6.0% Fund 103 Expenditures % of Year Complete N $900 50.0% v c y $800 0 $700 $600 $500 $400 $300 $200 $100 N $1,200 c m N 7 H$1,000 $800 $600 $400 $200 S- 2025 Revenues YTD City of Tukwila Monthly Finance Report 2025 Total Budget 16 2025 Expenditures YTD 2025 Total Budget Revenues and Transfers In by Category Category 2025 Total Budget 2025 Revenues Budget through June (Unfavorable) Variance / Favorable Budget Variance % of Annual Budget Utility Taxes $ 100,000 $ $ (100,000) 0.0% Grant Revenues 724,000 (724,000) 0.0% State Entitlements 280,000 128,302 (151,698) 45.8% Investment Earnings 26,000 30,101 4,101 115.8% Total $ 1,130,000 $ 158,403 $ (971,597) 14.0% Fund 103 Revenues % of Year Complete r;n not N $1,200 c m N 7 H$1,000 $800 $600 $400 $200 S- 2025 Revenues YTD City of Tukwila Monthly Finance Report 2025 Total Budget 16 Fund 103 Residential Street Fund Year -to -Year Expenditures & Transfers Out by Category Total $ 280,108 $ 98,032 $ 51,098 $ (46,934) -47.9% Fund 103 Residential Street Fund Year -to -Year Revenues and Transfers In by Category 2023 Revenues 2024 Revenues through June through June Grant Revenues 2023 Expenses 2024 Expenses r -100.0% State Entitlements Category through June through Junethrough June $ % 30,101 (2,742) Salaries, Wages, & Overtime $ 7,715 $ 1,935 $ $ (1,935) -100.0% Benefits 4,892 868 (868) -100.0% Supplies - 14,528 5,266 (9,262) -63.8% Services 267,501 52,939 45,832 (7,107) -13.4% Land, Structures, Machinery, Equipment - 27,762 - (27,762) -100.0% Total $ 280,108 $ 98,032 $ 51,098 $ (46,934) -47.9% Fund 103 Residential Street Fund Year -to -Year Revenues and Transfers In by Category 2023 Revenues 2024 Revenues through June through June Grant Revenues $ - $ 70,797 $ - $ (70,797) -100.0% State Entitlements 139,661 136,516 128,302 (8,214) -6.0% Investment Earnings 13,828 32,843 30,101 (2,742) -8.3% Transfers In - 44,660 - (44,660) -100.0% Total $ 153,489 $ 284,816 $ 158,403 $ (126,413) -44.4% Expenditures and Transfers Out Revenues and Transfers In Fund 103 Prior Year Comparisons YTD $- $50 $100 $150 $200 $250 $300 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 17 Fund 104 Arterial Street Fund Overview Revenues $ 2,729,087 $ 5,586,001 48.9% Expenditures 1,563,642 7,636,726 20.5% Net Revenues Less Expenditures 1,165,445 $ (2,050,725) % of Year Complete 50.0% City of Tukwila Monthly Finance Report 18 Fund 104 Arterial Street Fund Expenditures and Transfers Out by Category Salaries, Wages, & Overtime $ 793,142 $ 320,458 $ 472,684 40% Benefits 312,185 111,656 200,529 36% Supplies 23,200 63,558 (40,358) 274.0% Services 6,508,200 630,244 5,877,956 9.7% Land, Structures, Machinery, Equipment - 437,726 (437,726) - Total $ 7,636,727 $ Fund 104 Expenditures w $9,000 $8,000 o $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 2025 Expenditures YTD 1,563,642 $ 6,073,085 2025 Total Budget Revenues and Transfers In by Category 20.5% % of Year Complete 50.0% Utility Taxes $ 1,320,000 $ 776,873 $ (543,127) 58.9% Parking Tax 800,000 411,112 (388,888) 51.4% Real Estate Excise Tax (REET) 500,000 296,288 (203,712) 59.3% Permits 1 - (1) 0.0% Franchise Fees 450,000 235,241 (214,759) 52.3% Grant Revenues 2,026,000 299,270 (1,726,730) 14.8% State Entitlements 135,000 66,248 (68,752) 49.1% General Government Revenue - 360 360 - Traffic Impact Fees 200,000 390,734 190,734 195.4% Fines and Penalties 2,000 562 (1,438) 28.1% Other Income 80,000 113,200 33,200 141.5% Investment Earnings 73,000 139,199 66,199 190.7% Total $ 5,586,001 $ 2,729,087 $ (29856,914) 48.9% Fund 104 Revenues $4,000 $3,000 $2,000 $1,000 2025 Revenues YTD 2025 Total Budget % of Year Complete 50.0% City of Tukwila Monthly Finance Report 19 Fund 104 Arterial Street Fund Year -to -Year Expenditures & Transfers Out by Category Total $ 1,941,725 $ 1,766,332 $ 1,563,642 $ (202,690) -11.5% Fund 104 Arterial Street Fund Year -to -Year Revenues and Transfers In by Category 2023 Revenues 2024 Revenues 2025 Revenues 2025' through June through June through June $ % Utility Taxes 2023 Expenses 2024 Expenses r 776,873 $ (1,677) -0% Category through June through Junethrough June $ % Real Estate Excise Tax (REET) Salaries, Wages, & Overtime $ 189,193 $ 249,979 $ 320,458 $ 70,479 +28.2% Benefits 67,098 85,565 111,656 26,091 +30.5% Supplies 86,680 749 63,558 62,809 +8385.7% Services 437,658 561,649 630,244 68,595 +12.2% Land, Structures, Machinery, Equipment 1,161,096 868,390 437,726 (430,664) -49.6% Total $ 1,941,725 $ 1,766,332 $ 1,563,642 $ (202,690) -11.5% Fund 104 Arterial Street Fund Year -to -Year Revenues and Transfers In by Category 2023 Revenues 2024 Revenues 2025 Revenues 2025' through June through June through June $ % Utility Taxes $ 632,612 $ 778,550 $ 776,873 $ (1,677) -0% Parking Tax 386,269 432,912 411,112 (21,800) -5.0% Real Estate Excise Tax (REET) 107,072 372,709 296,288 (76,421) -20.5% Permits 797 2 - (2) -100.0% Franchise Fees - 177,890 235,241 57,351 +32.2% Grant Revenues 55,049 758,800 299,270 (459,530) -60.6% State Entitlements 71,662 70,148 66,248 (3,900) -5.6% General Government Revenue - 140 360 220 +157.1% Traffic Impact Fees 145,581 132,114 390,734 258,620 +195.8% Fines and Penalties 10,655 1,119 562 (557) -49.8% Other Income 115,334 44,600 113,200 68,600 +153.8% Investment Earnings 121,669 158,566 139,199 (19,367) -12.2% Total $ 1,646,700 $ 2,927,550 $ 2,729,087 $ (198,463) -6.8% Expenditures and Transfers Out Revenues and Transfers In Fund 104 Prior Year Comparisons YTD $500 $1.000 $1,500 $2,000 $2,500 $3,000 $3,500 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 20 Revenues Expenditures Net Revenues Less Expenditures Fund 109 Drug Seizure Fund Overview 8,794 $ 52,798 98,100 9.0% 73,000 72.3% (44,004) $ 25,100 % of Year Complete 50.0% City of Tukwila Monthly Finance Report 21 Fund 109 Drug Seizure Fund Expenditures and Transfers Out by Category Category lll�� 2025 Total Budget �W 2025 Expenses Budget Variance Budget Variance through June (Unfavorable) Favorable % of Annual Budget Supplies $ 36,000 $ 32,968 $ 3,032 91.6% Services 37,000 19,830 17,170 53.6% Total $ 73,000 $ 52,798 $ 20,202 72.3% Fund 109 Expenditures % of Year Complete $80 50.0% a C M $70 7 O L $60 $50 $40 $30 $20 $10 City of Tukwila Monthly Finance Report 22 2025 Expenditures YTD 2025 Total Budget Revenues and Transfers In by Category Category 2025 Total Budget V 2025 through Revenues Budget June (Unfavorable) Variance Favorable Budget Variance % ofAnnual Budget Intergovernmental Revenue $ 35,000 $ 8,794 $ (26,206) 25.1% Other Income 60,000 - (60,000) 0.0% Investment Earnings 3,100 - (3,100) 0.0% Total $ 98,100 $ 8,794 $ (89,306) 9.0% Fund 109 Revenues % of Year Complete N $120 a c 50.0% m 0 t° $100 H $80 $60 $40 $20 2025 Revenues YTD 2025 Total Budget City of Tukwila Monthly Finance Report 22 Fund 109 Drug Seizure Fund Year -to -Year Expenditures & Transfers Out by Category 2023 Expenses 2024 Expenses r through June through June Supplies $ 11,423 $ 4,570 $ 32,968 $ 28,398 +621.4% Services 22,822 17,149 19,830 2,681 +15.6% Total $ 34,245 $ 21,719 $ 52,798 $ 31,079 +143.1% Fund 109 Drug Seizure Fund Year -to -Year Revenues and Transfers In by Category 2023 Revenues 2024 Revenues through June through June Intergovernmental Revenue $ 77,060 $ $ 8,794 $ 8,794 Total $ 77,060 $ $ 8,794 $ 8,794 Expenditures and Transfers Out Revenues and Transfers In ■ Fund 109 Prior Year Comparisons YTD 10 20 30 40 50 60 70 80 90 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 23 Fund 301 Land Acq., Rec. & Park Development Overview Revenues $ 1,491,571 $ 2,841,300 52.5% Expenditures 378,169 2,431,000 15.6% Transfers Out - 652,605 0.0% Net Revenues Less Expenditures $ 1,113,402 $ (242,305) % of Year Complete 50.0% City of Tukwila Monthly Finance Report 24 Total Fund 301 Land Acq., Rec. & Park Development 378,169 $ 2,705,436 12.3% Expenditures and Transfers Out by Category Fund 301 Expenditures Categoryr t through June (Unfavorable) / Favorable % of Annual Budget Supplies $ 30,000 $ - $ 30,000 0.0% Services 1,876,000 374,259 1,501,741 19.9% Land, Structures, Machinery, Equipment 525,000 3,910 521,090 1% Transfers Out to Other Funds 652,605 - 652,605 0% Total $ 3,083,605 $ 378,169 $ 2,705,436 12.3% Fund 301 Expenditures % of Year Complete w $3,500 v 50.0% c C9 M= $3,000 0 r F $2,500 $2,000 $1,500 $1,000 $500 2025 Expenditures YTD 2025 Total Budget Revenues and Transfers In by Category Category 2025 Total Budget 2025 through Revenues Budget June (Unfavorable) Variance I Favorable Budget Variance % of Annual Budget Property Tax $ 207,800 $ 138,193 $ (69,607) 66.5% Real Estate Excise Tax (REET) 500,000 - (500,000) 0.0% Grant Revenues 1,976,000 1,249,810 (726,190) 63.2% Park Impact Fees 100,000 17,515 (82,485) 17.5% Investment Earnings 57,500 86,053 28,553 149.7% Total $ 2,841,300 $ 1,491,571 $ (1,349,729) 52.5% Fund 301 Revenues % of Year Complete m $3,000 v C 50.0% c6 y 7 r $2,500 $2,000 $1,500 $1,000 — $500 2025 Revenues YTD 2025 Total Budget City of Tukwila Monthly Finance Report 25 Fund 301 Land Acq., Rec. & Park Development Year -to -Year Expenditures & Transfers Out by Category 2023 Expenses 2024 Expenses r through June through June Services $ 82,680 $ 352,472 $ 374,259 $ 21,787 +6.2% Land, Structures, Machinery, Equipment - - 3,910 3,910 Total $ 129,250 $ 352,472 $ 378,169 $ 25,697 +7.3% Fund 301 Land Acq., Rec. & Park Development Year -to -Year Revenues and Transfers In by Category Expenditures and Transfers Out Revenues and Transfers In Fund 301 Prior Year Comparisons YTD $- $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 26 2023 Revenues 2024 Revenues 2025 Revenuesvs Z124 11110 through June through June �6 through June 116 $ A111111, Property Tax $ 128,923 $ 133,701 $ 138,193 $ 4,492 +3% Real Estate Excise Tax (REET) 36,224 - - - - Grant Revenues - - 1,249,810 1,249,810 Park Impact Fees 33,733 24,924 17,515 (7,409) -29.7% Investment Earnings 74,344 110,436 86,053 (24,383) -22% Total $ 273,224 $ 269,061 $ 1,491,571 $ 1,222,510 +454.4% Expenditures and Transfers Out Revenues and Transfers In Fund 301 Prior Year Comparisons YTD $- $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 26 Fund 303 General Government Improvements Overview Revenues $ 5,711 $ 1,000 571.1% Transfers In 219,000 438,000 50.0% Expenditures - 538,000 0.0% Net Revenues Less Expenditures $ 224,711 $ (99,000) % of Year Complete 50.0% City of Tukwila Monthly Finance Report 27 Fund 303 General Government• • Expenditures • Transfers Out by Category Category 2025 Total Budget 2025 Expenses Budget Variance Budget Variance Services $ thrOUghJUne (Unfavorable)/Favorable %of Annual Budget 538,000538,000 0.0% Total $ 538,000 w $600 v c m m o $500 L H $400 $300 $200 $100 Fund 303 Expenditures IN 2025 Expenditures YTD 2025 Total Budget Revenues and Transfers In by Category 538,000 0.0% % of Year Complete 50.0% Investment Earnings $ 1,000 $ 5,711 $ 4,711 571.1% Transfer In From General Fund 438,000 219,000 (219,000) 50% Total $ 439,000 $ 224,711 $ (214,289) 51.27. Fund 303 Revenues % of Year Complete u $500 v c w $450 0 L F $400 $350 $300 $250 $200 $150 $100 $50 2025 Revenues YTD 2025 Total Budget 50.0% City of Tukwila Monthly Finance Report 28 Fund 303 General Government Improvements Year -to -Year Expenditures & Transfers Out by Category Fund 303 Prior Year Comparisons YTD Expenditures and Transfers Out Revenues and Transfers In $50 $100 $150 $200 $250 Thousands City of Tukwila Monthly Finance Report 2023 2024 ■ 2025 29 2023 Expenses 2024 Expenses r through June through June MM Services $ 133,850 $ 1,146 $ $ (1,146) -100.0% Total $ 133,850 $ 1,146 $ $ (1,146) -100.0% Fund 303 General Government Improvements Year -to -Year Revenues and Transfers In by Category 2023 Revenues 2024 Revenues 0v0 24 Category IMune through June through June % Investment Earnings $ 11,781 $ 11,610 $ 5,711 $ (5,899) -51% Transfer In From General Fund - - 219,000 219,000 - Total $ 11,781 $ 11,610 $ 224,711 $ 213,101 +1835.5% Fund 303 Prior Year Comparisons YTD Expenditures and Transfers Out Revenues and Transfers In $50 $100 $150 $200 $250 Thousands City of Tukwila Monthly Finance Report 2023 2024 ■ 2025 29 Revenues Transfers Out Net Revenues Less Expenditures Fund 304 Fire Improvements Overview 16,592 $ 16,592 $ 600,000 2.8% 600,000 0.0% % of Year Complete 50.0% City of Tukwila Monthly Finance Report 30 • 1• • • Category 2025 Total Budget 2025 Transfers Out Budget Variance Budget Variance through June (Unfavorable)/Favorable % of Annual Budget Transfers Out • Other Funds600,000 600,000 1.3 Total $ 600,000 $ Fund 304 Transfers Out N $700 v ca m on $600 0 L H $500 $400 $300 $200 $100 2025 Expenditures YTD 2025 Total Budget Al Revenues and Transfers In by Category 600,000 0.0% % of Year Complete 50.0% Fire Impact Fees $ 600,000 $ 16,592 $ (583,408) 2.8% Total $ 600,000 $ 16,592 $ (583,408) 2.8% Fund 304 Revenues % of Year Complete N $700 50.0% C f6 N O $600 L 1— $500 $400 $300 $200 $100 $- 2025 Revenues YTD 2025 Total Budget City of Tukwila Monthly Finance Report 31 Fund 304 Fire Improvements Year -to -Year Expenditures & Transfers Out by Category Category2023 Expenses 2024 Expenses2025 Expenses 2025 vs 2024 through June through Junethrough June $ % Transfers Out to Other Funds $ - $ $ - $ Total $ - $ - $ - $ - - Fund 304 Fire Improvements Year -to -Year Revenues and Transfers In by Category 2023 Revenues 2024 Revenues 2025 Revenues 2025 vs 2024 through June through June through June e % Fire Impact Fees $ 19,852 $ 14,812 $ 16,592 $ 1,780 +12.0% Total $ 19,852 $ 14,812 $ 16,592 $ 1,780 +12.0% Fund 304 Prior Year Comparisons YTD Expenditures and Transfers Out Revenues and Transfers In $- $5 $10 $15 $20 $25 Thousands ■ 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 32 Revenues $ 323,481 $ 15,000 2156.5% Transfers In - 1,100,000 0.0% Transfers Out 659,412 1,318,824 50.0% Net Revenues Less Expenditures $ (335,931) $ (203,824) % of Year Complete 50.0% City of Tukwila Monthly Finance Report 33 Transfers Out to Other Funds $ 1,318,824 $659,412 $ 659,412 Total $ 1,318,824 $ Fund 305 Expenditures N $1,400 v m $1,200 0 L H $1,000 $800 $600 $400 $200 2025 Expenditures YTD une (untavorable) / havorable "/o of Annual budget 1' 659,412 $ 2025 Total Budget 659,412 50% % of Year Complete 50.0% Real Estate Excise Tax (REET) $ - $ 296,288 $ 296,288 - Investment Earnings 15,000 27,193 12,193 181.3% Transfers In 1,100,000 - (1,100,000) 0% Total $ 1,115,000 $ 323,481 $ (791,519) 29.07/6 Fund 305 Revenues % of Year Complete $1,200 50.0% $800 $600 $400 $200 2025 Revenues YTD 2025 Total Budget City of Tukwila Monthly Finance Report 34 2Category I 23 Expenses 2024 Expenses2025 Expenses 2025r through June through June through June $ % Transfers Out to Other Funds $ - $ - $ 659,412 659,412 Total $ $ - $ 659,412 659,412 - 2023 Revenues 2024 Revenues through June through June Real Estate Excise Tax (REET) $ 70,848 $ 372,709 $ 296,288 $ (76,421) -20.5% Investment Earnings 23,468 31,148 27,193 (3,955) -13% Total $ 94,316 $ 403,857 $ 323,481 $ (80,376) -19.9% Expenditures and Transfers Out Revenues and Transfers In Fund 305 Prior Year Comparisons YTD $- $100 $200 $300 $400 $500 $600 $700 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 35 Revenues $ - $ 846,937 0.0% Transfers In 500,001 1,000,000 50.0% Expenditures 48,122 1,000,000 4.8% Net Revenues Less Expenditures $ 451,879 $ 846,937 % of Year Complete 50.0% City of Tukwila Monthly Finance Report 36 Services $ 1,000,000 $ 48,122 $ 951,878 4.8% Total $ 1,000,000 $ 48,122 $ 951,878 4.8% Fund 306 Expenditures % of Year Complete N $1,200 50.0% v M M N o $1,000 L H $800 $600 $400 $200 $- 2025 Expenditures YTD 2025 Total Budget Investment Earnings $ 5,000 $ $ (5,000) 0.0% Rent & Concessions 841,937 (841,937) 0.0% Transfers In 1,000,000 500,001 (499,999) 50% Total $ 1,846,937 $ 500,001 $ (1,346,936) 27.17/6 Fund 306 Revenues % of Year Complete $2,000 50.0% N C $1,800 0 O L $1,600 — $1,400 — $1,200 — $1,000 $800 $600 $400 $200 2025 Revenues YTD 2025 Total Budget City of Tukwila Monthly Finance Report 37 2023 Expenses 2024 ExCategorypenses2025 Expenses 2025r through June through Junethrough June $ % Services $ 82,434 $ 1,238,872 $ 48,122 $ (1,190,750) -96.1% Land, Structures, Machinery, Equipment 1,320,579 808 - (808) -100.0% Total $ 1,410,923 $ 1,239,680 $ 48,122 $ (1,191,558) -96.1% Category Ift 2023 Revenues through June 2024 Revenues2025 through June through Revenues LlL4 June % Investment Earnings $ 24,163 $ 13,602 $ $ (13,602) -100.0% Rent & Concessions - - - - Transfers In - 500,000 500,001 1 +0% Total $ 24,163 $ 598,352 $ 500,001 $ (98,351) -16.4% Expenditures and Transfers Out Revenues and Transfers In Fund 306 Prior Year Comparisons YTD $- $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 38 Fund 401 Water Utility Fund Overview Revenues $ 4,062,967 $ 11,341,356 35.8% Expenditures 3,871,458 10,493,596 36.9% Transfers Out 753,809 1,507,615 50.0% Net Revenues Less Expenditures $ (562,300) $ (659,855) % of Year Complete 50.0% City of Tukwila Monthly Finance Report 39 Fund 401 Water Utility Fund Expenditures and Transfers Out by Category Salaries, Wages, & Overtime $ 957,112 $ 445,345 $ 511,767 47% Benefits 538,827 188,129 350,698 35% Supplies 3,105,196 1,815, 951 1,289,245 58.5% Services 5,677,288 967,576 4,709,712 17.0% Land, Structures, Machinery, Equipment - 453,399 (453,399) - Other Expenditures 215,173 1,058 214,115 0.5% Transfers Out - Internal Cost Allocation 816,232 408,118 408,114 50% Transfers Out - Debt Service 358,050 179,024 179,026 50% Transfers Out to Other Funds 333,333 166,667 166,666 50% Total $ 12,001,211 $ 4,625,267 $ 7,375,944 38.5% Fund 401 Expenditures and Transfers Out of Year Complete $14,000 � 50.0% c a°i $12,000 0 0 L $10,000 $8,000 $6,000 $4,000 $2,000 2025 Expenditures YTD 2025 Total Budget Revenues and Transfers In by Category Water Sales $ 9,239,856 $ 4,023,112 $ (5,216,744) 43.5% Security Revenue - (13,854) (13,854) - Other Income 1,500 10,139 8,639 675.9% Investment Earnings 100,000 43,570 (56,430) 43.6% Bond Proceeds 2,000,000 - (2,000,000) 0% Total $ 11,341,356 $ 4,062,967 $ (7,278,389) 35.8% Fund 401 Revenues % of Year Complete $12,000 u v � 50.0% $8,000 $6.000 $4,000 $2,000 2025 Revenues YTD 2025 Total Budget City of Tukwila Monthly Finance Report 41 Fund 401 Water Utility Fund Year -to -Year Expenditures & Transfers Out by Category Total $ 3,915,564 $ 4,108,009 $ 4,625,267 $ 517,258 +12.6% Fund 401 Water Utility Fund Year -to -Year Revenues and Transfers In by Category 2023 Revenues 2024 Revenues through June through June Water Sales 2023 Expenses 2024 Expenses r 4,023,112 $ 421,012 +12% Category through June through Junethrough June $ % Other Income Salaries, Wages, & Overtime $ 347,413 $ 386,756 $ 445,345 $ 58,589 +15.1% Benefits 155,331 186,610 188,129 1,519 +0.8% Supplies 1,707,060 1,741,261 1,815,951 74,690 +4.3% Services 1,073,189 917,014 967,576 50,562 +5.5% Land, Structures, Machinery, Equipment - 56,065 453,399 397,334 +708.7% Other Expenditures 83,493 82,596 1,058 (81,538) -99% Transfers Out - Internal Cost Allocation 370,176 388,684 408,118 19,434 +5% Transfers Out - Debt Service 179,023 179,023 179,024 1 +0% Transfers Out to Other Funds (121) 170,000 166,667 (3,333) -2% Total $ 3,915,564 $ 4,108,009 $ 4,625,267 $ 517,258 +12.6% Fund 401 Water Utility Fund Year -to -Year Revenues and Transfers In by Category 2023 Revenues 2024 Revenues through June through June Water Sales $ 3,446,861 $ 3,602,100 $ 4,023,112 $ 421,012 +12% Security Revenue 6,149 6,243 (13,854) (20,097) -321.9% Other Income 5,491 5,563 10,139 4,576 +82.3% Investment Earnings 88,769 83,683 43,570 (40,113) -48% Total $ 3,547,270 $ 3,697,589 $ 4,062,967 $ 365,378 +9.9% Expenditures and Transfers Out Revenues and Transfers In Fund 401 Prior Year Comparisons YTD $- $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 41 Fund 402 Sewer Utility Fund Overview Revenues $ 5,636,169 $ 12,527,105 45.0% Expenditures 6,501,591 16,129,584 40.3% Transfers Out 610,542 1,221,086 50.0% Net Revenues Less Expenditures $ (1,475,964) $ (4,823,565) % of Year Complete 50.0% City of Tukwila Monthly Finance Report 42 Fund 402 Sewer Utility Fund Expenditures and Transfers Out by Catego,J����� Salaries, Wages, & Overtime $ 666,584 $ 373,652 $ 292,932 56% Benefits 482,884 163,136 319,748 34% Supplies 6,214,355 2,830,737 3,383,618 45.6% Services 8,611, 358 1,087,071 7,524,287 12.6% Land, Structures, Machinery, Equipment - 2,001,650 (2,001,650) - Other Expenditures 154,403 45,345 109,058 29% Transfers Out - Internal Cost Allocation 687,666 343,830 343,836 50% Transfers Out - Debt Service 200,087 100,045 100,042 50% Transfers Out to Other Funds 333,333 166,667 166,666 50% Total $ 17,350,670 $ 7,112,133 $ 10,238,537 41.0% Fund 402 Expenditures and Transfers Out % of Year Complete 0 $20,000 50.0% v m $18,000 w 0 r $16,000 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 2025 Expenditures YTD 2025 Total Budget Sewer Sales $ 12,127,105 $ 5,443,217 $ (6,683,888) 44.9% Other Income - 43,869 43,869 - Investment Earnings 400,000 149,083 (250,917) 37.3% Total $ 12,527,105 $ 5,636,169 $ (6,890,936) 45.0% Fund 402 Revenues % of Year Complete 0 $14,000 50.0% a $12,000 0 L ~ $10,000 $8,000 $6,000 $4,000 $2,000 $- 2025 Revenues YTD 2025 Total Budget City of Tukwila Monthly Finance Report 43 Fund 402 Sewer Utility Fund Year -to -Year Expenditures & Transfers Out by Category Expenditures and Transfers Out Revenues and Transfers In Fund 402 Prior Year Comparisons YTD $- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 44 2023 Expenses 2024 Expenses r Category through June through Junethrough June $ % Salaries, Wages, & Overtime $ 419,811 $ 550,189 $ 373,652 $ (176,537) -32.1% Benefits 182,191 230,558 163,136 (67,422) -29.2% Supplies 2,056,672 2,635,651 2,830,737 195,086 +7.4% Services 860,570 1,139,209 1,087,071 (52,138) -4.6% Land, Structures, Machinery, Equipment - - 2,001,650 2,001,650 - Other Expenditures 242,333 239,987 45,345 (194,642) -81% Transfers Out - Internal Cost Allocation 311,868 327,458 343,830 16,372 +5% Transfers Out - Debt Service 100,042 100,042 100,045 3 +0% Transfers Out to Other Funds (67) 95,000 166,667 71,667 +75% Total $ 4,173,420 $ 5,318,094 $ 7,112,133 $ 1,794,039 +33.7% Fund 402 Sewer Utility Fund Year -to -Year Revenues and Transfers In by Category Category 2023 Revenues 2024 Revenues 2025 Revenues through June through June through June Sewer Sales $ 4,859,923 $ 5,028,180 $ 5,443,217 $ 415,037 +8% Other Income 23,391 4,667 43,869 39,202 +840.0% Investment Earnings 229,411 250,107 149,083 (101,024) -40.4% Total $ 5,112,725 $ 5,282,954 $ 5,636,169 $ 353,215 +6.7% Expenditures and Transfers Out Revenues and Transfers In Fund 402 Prior Year Comparisons YTD $- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 44 Revenues $ 1,235,279 $ 2,487,500 49.7% Transfers In 150,000 300,000 50.0% Expenditures 1,264,602 2,719,666 46.5% Transfers Out 120,894 241,788 50.0% Net Revenues Less Expenditures $ (217) $ (173,954) % of Year Complete 50.0% City of Tukwila Monthly Finance Report 45 Salaries, Wages, & Overtime $ 1,077,911 $ 520,469 $ 557,442 48% Benefits 395,385 205,123 190,262 52% Supplies 362,145 261,318 100,827 72.2% Services 360,225 227,362 132,863 63.1% Land, Structures, Machinery, Equipment 524,000 50,330 473,670 10% Transfers Out - Internal Cost Allocation 241,788 120,894 120,894 50% Total $ 2,961,454 $ 1,385,496 $ 1,575,958 46.8% Fund 411 Expenditures and Transfers Out % of Year Complete y $3,500 50.0% v c y $3,000 0 0 F $2,500 $2,000 $1,500 $1,000 $500 2025 Expenditures YTD 2025 Total Budget Gambling & Excise Taxes $ 3,000 $ - $ (3,000) 0.0% Greens Fees 1,610,000 906,427 (703,573) 56.3% General Government Revenue 165,000 97,161 (67,839) 58.9% Culture and Recreation Fees 5,000 2,197 (2,803) 43.9% Other Income 11,000 18,474 7,474 167.9% Investment Earnings 60,000 27,165 (32,835) 45.3% Rent & Concessions 633,500 183,855 (449,645) 29.0% Transfer In From General Fund 300,000 150,000 (150,000) 50% Total $ 2,787,500 $ 1,385,279 $ (1,402,221) 49.7% Fund 411 Revenues and Transfers In Bio of Year Complete N $3,000 50.0% v c m $2,500 0 r H $2,000 $1,500 $1,000 $500 2025 Revenues YTD 2025 Total Budget City of Tukwila Monthly Finance Report 46 Total $ 1,239,475 $ 1,333,961 $ 1,385,496 $ 51,535 +3.9% 2023 Revenues 2024 Revenues through June through June Greens Fees 2023 Expenses 2024 ExpensesCategory 2025 Expenses 2025r +17.4% General Government Revenue through June through Junethrough June $ % Culture and Recreation Fees Salaries, Wages, & Overtime $ 402,594 $ 459,984 $ 520,469 $ 60,485 +13.1% Benefits 181,133 188,739 205,123 16,384 +8.7% Supplies 260,262 172,078 261,318 89,240 +51.9% Services 285,830 346,394 227,362 (119,032) -34.4% Land, Structures, Machinery, Equipment - 51,632 50,330 (1,302) -2.5% Transfers Out - Internal Cost Allocation 109,656 115,134 120,894 5,760 +5% Total $ 1,239,475 $ 1,333,961 $ 1,385,496 $ 51,535 +3.9% 2023 Revenues 2024 Revenues through June through June Greens Fees $ 836,484 $ 771,868 $ 906,427 $ 134,559 +17.4% General Government Revenue 89,247 71,377 97,161 25,784 +36.1% Culture and Recreation Fees 197 754 2,197 1,443 +191.4% Other Income 21,025 5,684 18,474 12,790 +225% Investment Earnings 33,269 45,193 27,165 (18,028) -40% Rent & Concessions 205,280 188,778 183,855 (4,923) -3% Sale of Capital Assets 12,800 4,000 - (4,000) -100% Transfer In From General Fund 150,000 150,000 150,000 - 0% Total $ 1,348,302 $ 1,237,654 $ 1,385,279 $ 147,625 +11.9% Expenditures and Transfers Out Revenues and Transfers In $1,150 Fund 411 Prior Year Comparisons YTD $1,200 $1,250 $1,300 $1,350 $1,400 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 47 Revenues $ 9,286,239 $ 14,742,267 63.0% Expenditures 3,506,135 15,103,982 23.2% Transfers Out 777,880 1,555,760 50.0% Net Revenues Less Expenditures $ 5,002,224 $ (1,917,475) % of Year Complete 50.0% City of Tukwila Monthly Finance Report 48 Salaries, Wages, & Overtime $ 2,028,653 $ 834,922 $ 1,193,731 41% Benefits 1,023,526 334,674 688,852 33% Supplies 72,665 21,891 50,774 30.1% Services 11,957,541 2,202,556 9,754,985 18.4% Land, Structures, Machinery, Equipment - 111,604 (111,604) - Other Expenditures 21,597 488 21,109 2% Transfers Out - Internal Cost Allocation 727,476 363,738 363,738 50% Transfers Out - Debt Service 494,951 247,475 247,476 50% Transfers Out to Other Funds 333,333 166,667 166,666 50% Total $ 16,659,742 $ 4,284,015 $ 12,375,727 25.7% Fund 412 Expenditures and Transfers Out % of Year Complete N $18,000 v 50.0% c w $16,000 0 0 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 2025 Expenditures YTD 2025 Total Budget Surface Water Sales $ 8,477,267 $ 8,571,054 $ 93,787 101.1% Permits - (17) (17) - Grant Revenues 3,322,000 290,647 (3,031,353) 8.7% Other Income 2,643,000 211,268 (2,431,732) 8.0% Investment Earnings 300,000 213,287 (86,713) 71.1% Total $ 14,742,267 $ 9,286,239 $ (5,456,028) 63.0% Fund 412 Revenues % of Year Complete y $16,000 50.0% v $14,000 w o $12,000 r ~ $10,000 $8,000 $6,000 $4,000 $2,000 2025 Revenues YTD 2025 Total Budget City of Tukwila Monthly Finance Report 49 Total $ 2,976,771 $ 3,794,690 $ 4,284,015 $ 489,325 +12.9% 2023 Revenues 2024 Revenues through June through June Surface Water Sales 2023 Expenses 2024 ExCategorypenses2025 Expenses 2025r +6% Permits through June through Junethrough June $ % Grant Revenues Salaries, Wages, & Overtime $ 598,988 $ 764,249 $ 834,922 $ 70,673 +9.2% Benefits 281,075 323,721 334,674 10,953 +3.4% Supplies 27,254 57,802 21,891 (35,911) -62.1% Services 1,229,325 1,466,331 2,202,556 736,225 +50.2% Land, Structures, Machinery, Equipment - 92,320 111,604 19,284 +20.9% Other Expenditures 262,901 261,376 488 (260,888) -100% Transfers Out - Internal Cost Allocation 329,922 346,418 363,738 17,320 +5% Transfers Out - Debt Service 247,473 247,473 247,475 2 +0% Transfers Out to Other Funds (167) 235,000 166,667 (68,333) -29% Total $ 2,976,771 $ 3,794,690 $ 4,284,015 $ 489,325 +12.9% 2023 Revenues 2024 Revenues through June through June Surface Water Sales $ 7,767,059 $ 8,091,932 $ 8,571,054 $ 479,122 +6% Permits - - (17) (17) - Grant Revenues 44,631 5,033 290,647 285,614 +5674.8% Other Income (56,081) 762,109 211,268 (550,841) -72.3% Investment Earnings 134,650 226,910 213,287 (13,623) -6% Total $ 7,890,259 $ 9,085,984 $ 9,286,239 $ 200,255 +2.2% Expenditures and Transfers Out Revenues and Transfers In Fund 412 Prior Year Comparisons YTD 7-1 $- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 Thousands ■ 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 50 Fund 501 Equipment Rental Overview Revenues $ 3,168,288 $ 6,223,147 50.9% Expenditures 2,294,544 5,749,503 39.9% Transfers Out 193,156 386,308 50.0% Net Revenues Less Expenditures $ 680,588 $ 87,336 % of Year Complete 50.0% City of Tukwila Monthly Finance Report 51 Fund 501 Equipment Rental Expenditures and Transfers Out by Category Salaries, Wages, & Overtime $ 519,798 $ 254,871 $ 264,927 49% Benefits 237,888 116,296 121,592 49% Supplies 790,900 453,591 337,309 57.4% Services 1,903, 717 901,264 1,002,453 47.3% Land, Structures, Machinery, Equipment 2,297,200 568,522 1,728,678 25% Transfers Out - Internal Cost Allocation 386,308 193,156 193,152 50% Total $ 6,135,811 $ 2,487,700 $ 3,648,111 40.5% Fund 501 Expenditures and Transfers Out % of Year Complete 0 $7,000 50.0% c CU 3 $6,000 0 s $5,000 $4,000 $3,000 $2,000 $1,000 2025 Expenditures YTD 2025 Total Budget Revenues and Transfers In by Category Fleet Replacement Charges $ 2,294,324 $ 1,147,153 $ (1,147,171) 50.0% Fleet Lease Charges 3,526,723 1,763,356 (1,763,367) 50.0% Fleet Repair Charges 200,000 65,526 (134,474) 32.8% Other Income 2,100 2,863 763 136.3% Investment Earnings 40,000 36,132 (3,868) 90.3% Sale of Capital Assets 160,000 153,258 (6,742) 95.8% Total $ 6,223,147 $ 3,168,288 $ (3,054,859) 50.9% Fund 501 Revenues % of Year Complete $7,000 -No 50.0% c $6,000 0 L ~ $5,000 $4,000 $3,000 $2,000 $1,000 2025 Revenues YTD 2025 Total Budget City of Tukwila Monthly Finance Report 52 Fund 501 Equipment Rental Year -to -Year Expenditures & Transfers Out by Category Expenditures and Transfers Out Revenues and Transfers In Fund 501 Prior Year Comparisons YTD $- $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 53 2023 Expenses 2024 Expenses 2025 Expenses 2025 vs 2024 throCategory ugh June through Junethrough June $ % Salaries, Wages, & Overtime $ 151,858 $ 199,733 $ 254,871 $ 55,138 +27.6% Benefits 78,605 100,151 116,296 16,145 +16.1% Supplies 321,012 347,300 453,591 106,291 +30.6% Services 366,655 728,876 901,264 172,388 +23.7% Land, Structures, Machinery, Equipment 12,868 130,376 568,522 438,146 +336.1% Transfers Out - Internal Cost Allocation 175,194 183,958 193,156 9,198 +5% Total $ 1,106,192 $ 1,690,394 $ 2,487,700 $ 797,306 +47.2% Fund 501 Equipment Rental Year -to -Year Revenues and Transfers In by Category 2023 Revenues 2024 Revenues2025 Revenues 2025' Category through June through Junethrough June $ % Fleet Replacement Charges $ 525,252 $ 620,372 $ 1,147,153 $ 526,781 +85% Fleet Lease Charges 502,860 - 1,763,356 1,763,356 - Fleet Repair Charges - 74,119 65,526 (8,593) -11.6% Other Income 85 - 2,863 2,863 - Investment Earnings 97,797 96,850 36,132 (60,718) -63% Sale of Capital Assets 214,403 36,480 153,258 116,778 +320% Total $ 1,340,397 $ 827,821 $ 3,168,288 $ 2,340,467 +282.7% Expenditures and Transfers Out Revenues and Transfers In Fund 501 Prior Year Comparisons YTD $- $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 53 Fund 502 Insurance - Active Employees Overview Revenues $ 3,530,269 $ 8,302,594 42.5% Expenditures 2,812,978 6,599,439 42.6% Transfers Out 104,539 209,077 50.0% Net Revenues Less Expenditures $ 612,752 $ 1,494,078 % of Year Complete 50.0% City of Tukwila Monthly Finance Report 54 Fund 502 Insurance - Active Employees Expenditures and Transfers Out by Category Self Insurance Medical Claims $ 4,108,327 $ 1,793,063 $ 2,315,264 44% Dental Claims 413,306 196,441 216,865 48% Prescription Claims 1,158,759 493,676 665,083 42.6% Vision Claims 21,641 11,651 9,990 53.8% Stop Loss Reimbursements - (146,230) 146,230 - TPA Admin Fees 155,034 92,803 62,231 60% Excess Loss Prem 621,372 334,641 286,731 54% Contracted Services 100,000 31,988 68,012 32% Employee Wellness Services 18,000 4,945 13,055 27% Transfers Out - Internal Cost Allocation 209,077 104,539 104,538 50% Total $ 6,805,516 $ 2,917,517 $ 3,887,999 42.9% Fund 502 Expenditures and Transfers Out Bio of Year Complete N $8,000 50.0% $7,000 N o $6,000 L ~ $5,000 $4,000 $3,000 $2,000 $1,000 2025 Expenditures YTD 2025 Total Budget Revenues and Transfers In by Category Employer Trust Contributions $ 7,943,114 $ 3,237,097 $ (4,706,017) 40.8% Employee Voluntary Contributions - 26,347 26,347 - Employee Mandatory Contributions 311,980 166,488 (145,492) 53.4% Employee Benefit Program Services - 43 43 - Investment Earnings 47,500 100,294 52,794 211.1% Total $ 8,302,594 $ 3,530,269 $ (4,772,325) 42.5% Fund 502 Revenues % of Year Complete N $9,000 50.0% 0 $8,000 N L° $7,000 H $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 2025 Revenues YTD 2025 Total Budget City of Tukwila Monthly Finance Report 55 Fund 502 Insurance - Active Employees Year -to -Year Expenditures & Transfers Out by Category Total $ 2,859,078 $ 2,771,012 $ 2,917,517 $ 146,505 +5.3% Fund 502 Insurance - Active Employees Year -to -Year Revenues and Transfers In by Category 2023 Revenues 2024 Revenues through June through June Employer Trust Contributions $ 2023 Expenses 2024 Expenses r 3,237,097 $ 129,721 +4% Employee Voluntary Contributions through June through June 26,347 12,808 +94.6% Self Insurance Medical Claims $ 1,844,211 $ 1,822,864 $ 1,793,063 $ (29,801) -1.6% Dental Claims 223,932 191,054 196,441 5,387 +2.8% Prescription Claims 458,282 476,341 493,676 17,335 +3.6% Vision Claims 9,789 9,831 11,651 1,820 +18.5% Stop Loss Reimbursements - (125,060) (146,230) (21,170) +16.9% TPA Admin Fees 68,627 64,775 92,803 28,028 +43.3% Excess Loss Prem 127,785 199,384 334,641 135,257 +67.8% Employee Wellness Supplies 303 250 - (250) -100% Contracted Services 31,331 31,878 31,988 110 +0% Employee Wellness Services - 132 4,945 4,813 +3646% Transfers Out - Internal Cost Allocation 94,818 99,563 104,539 4,976 +5% Total $ 2,859,078 $ 2,771,012 $ 2,917,517 $ 146,505 +5.3% Fund 502 Insurance - Active Employees Year -to -Year Revenues and Transfers In by Category 2023 Revenues 2024 Revenues through June through June Employer Trust Contributions $ 2,795,102 $ 3,107,376 $ 3,237,097 $ 129,721 +4% Employee Voluntary Contributions 41,150 13,539 26,347 12,808 +94.6% Employee Mandatory Contributions 43,192 44,565 166,488 121,923 +273.6% Employee Benefit Program Services - - 43 43 - Investment Earnings 95,486 112,969 100,294 (12,675) -11% Total $ 2,974,930 $ 3,278,449 $ 3,530,269 $ 251,820 +7.7% Expenditures and Transfers Out Revenues and Transfers In Fund 502 Prior Year Comparisons YTD $- $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 56 Revenues $ 205,152 $ 546,347 37.5% Expenditures 222,001 488,766 45.4% Transfers Out 6,966 13,938 50.0% Net Revenues Less Expenditures $ (23,815) $ 43,643 % of Year Complete 50.0% City of Tukwila Monthly Finance Report 57 Self Insurance Medical Claims $ 150,000 $ 30,865 $ 119,135 21% Dental Claims 32,931 13,416 19,515 41% Prescription Claims 169,644 89,610 80,034 52.8% Vision Claims 4,419 1,512 2,907 34.2% TPA Admin Fees 12,612 8,532 4,080 68% Excess Loss Premium 24,160 13,846 10,314 57% Long Term Care 15,000 48,370 (33,370) 322% Out of Pocket 75,000 923 74,077 1 % Medicare Plan B - 14,927 (14,927) - Contracted Services 5,000 - 5,000 0% Transfers Out - Internal Cost Allocation 13,938 6,966 6,972 50% Total $ 502,704 $ 228,967 $ 273,737 45.5% Fund 503 Expenditures and Transfers Out % of Year Complete 0 $600 50.0% a c CU om $500 0 L $400 $300 $200 $1 $- M 00 2025 Expenditures YTD 2025 Total Budget Employer Trust Contributions $ 545,833 $ 204,936 $ (340,897) 37.5% Investment Earnings 514 194 (320) 37.7% Employee Benefit Program Services - 22 22 - Total $ 546,347 $ 205,152 $ (341,195) 37.5% Fund 503 Revenues % of Year Complete N $600 50.0% a cc c 0 $500 0 L ~ $400 $300 $200 $100 $- 2025 Revenues YTD 2025 Total Budget City of Tukwila Monthly Finance Report 58 Total $ 255,418 $ 225,894 $ 228,967 $ 3,073 +1.4% 2023 Revenues 2024 Revenues through June through June Employer Trust Contributions $ 2023 Expenses 2024 ExCategorypenses2025 Expenses +24% 2025r 3,577 2,539 194 (2,345) through June through Junethrough June $ % Total $ Self Insurance Medical Claims $ 35,751 $ 34,508 $ 30,865 $ (3,643) -10.6% Dental Claims 13,267 11,589 13,416 1,827 +15.8% Prescription Claims 75,995 65,872 89,610 23,738 +36.0% Vision Claims 903 10,244 1,512 (8,732) -85.2% TPA Admin Fees 7,956 7,519 8,532 1,013 +13.5% Excess Loss Premium 41,464 8,326 13,846 5,520 +66.3% Long Term Care 45,384 57,043 48,370 (8,673) -15.2% Out of Pocket 1,131 2,061 923 (1,138) -55% Medicare Plan B 27,243 20,094 14,927 (5,167) -26% Contracted Services - 2,000 - (2,000) -100% Transfers Out - Internal Cost Allocation 6,324 6,638 6,966 328 +5% Total $ 255,418 $ 225,894 $ 228,967 $ 3,073 +1.4% 2023 Revenues 2024 Revenues through June through June Employer Trust Contributions $ 159,825 $ 165,414 $ 204,936 $ 39,522 +24% Investment Earnings 3,577 2,539 194 (2,345) -92.4% Employee Benefit Program Services - - 22 22 Total $ 163,402 $ 167,953 $ 205,152 $ 37,199 +22,1% Expenditures and Transfers Out Revenues and Transfers In Fund 503 Prior Year Comparisons YTD $- $50 $100 $150 $200 $250 $300 Thousands 2023 2024 ■ 2025 City of Tukwila Monthly Finance Report 59 CITY OF TUKWILA Cash and Investment Details CASH & INVESTMENT REPORT June 30, 2025 TOTAL AGENCIES 10,000,000 2.20% 220,100 Taxable Municipal Bonds Metro Oregon GO Taxable AAA LTGO 06/2021 06/2026 0.9 1,000,000 0.83% (d) King County WA GO Taxable Depository 14,000 Investment 04/2022 12/2026 1.4 1,000,000 3.12% Maturity TOTAL MUNICIPAL BONDS Balance Current Annualized 13,000,000 2.16% 280,970 Type Date $ 96,769,790 2.93% 840 006 Rate Return CASH & CASH EQUIVALENTS (a) Term is calculated to final maturity or call date if bond has been called. Current Portfolio Allocation (b) No fixed maturity, funds are available within one day. Agencies Municipal US Bank Operating Cash Depository (b) 30,505,586 0.60% 183,034 (e) Washington State Treasurer LGIP Investment Pool (b) 35,797,236 4.38% 1,569,029 (f) Umpquah Interest Checking (b) 17,466,969 4.62% 806,974 (f) Total Cash & Cash Equivalents 83,769,790 3.05% 2,559,036 (g) (a) (c) Agency /Issuer Rating Investment Purchase Maturity Term Face Value Yield to Annualized Type Date Date Yrs. Maturity Return INVESTMENTS Agencies Federal Home Loan Bank Aaa US agency 02/2021 02/2026 0.6 1,000,000 0.63% 6,250 Federal Farm Credit Bank Aaa US agency 06/2021 06/2026 0.9 1,000,000 0.90% 9,000 Federal Home Loan Bank Aaa US agency 11/2021 11/2026 1.4 2,000,000 1.46% 29,200 Federal Farm Credit Bank Aaa US agency 03/2022 12/2025 0.4 1,000,000 2.00% 20,000 Federal Home Loan Bank Aaa US agency 05/2022 05/2027 1.8 1,000,000 3.96% 40,000 Federal Home Loan Bank Aaa US agency 05/2022 05/2026 0.8 1,000,000 3.38% 33,750 Federal Home Loan Bank Aaa US agency 06/2022 06/2027 1.9 1,000,000 3.59% 35,900 Federal Farm Credit Bank Aaa US agency 06/2022 06/2027 2.0 1,000,000 4.00% 40,000 Federal Home Loan Bank Aaa US agency 12/2022 10/2025 0.3 1,000,000 4.35% 6,000 TOTAL AGENCIES 10,000,000 2.20% 220,100 Taxable Municipal Bonds Metro Oregon GO Taxable AAA LTGO 06/2021 06/2026 0.9 1,000,000 0.83% 32,500 King County WA GO Taxable 03/2022 12/2026 1.4 1,000,000 2.33% 14,000 Bellevue WA GO Taxable 04/2022 12/2026 1.4 1,000,000 3.12% 14,370 TOTAL MUNICIPAL BONDS 3,000,000 2.03% 60,870 Total Investments 13,000,000 2.16% 280,970 TOTAL PROJECTED CASH, CASH EQUIVALENTS & INVESTMENTS $ 96,769,790 2.93% 840 006 _$_2 Current Portfolio Yield (a) Term is calculated to final maturity or call date if bond has been called. Current Portfolio Allocation (b) No fixed maturity, funds are available within one day. Agencies Municipal (c) Yield to Maturity represents average rate for the year for various investment vehicles. 10% (d) Annualized return represents annual earnings at current rate. (e) Represents earning credit from US Bank. City earned interest up to the amount of fees. (f) Current rate reflects most recent interest rate for each depository account. (g) Represents annual earnings, assuming no changes in the Market. Actual earnings to date are $1,388,779 Money Market, 1! LGIP, 37% Cash, 32% CITY OF TUKWILA Policy Compliance & Liquidity Analysis CASH & INVESTMENT REPORT June 30, 2025 As of Report Date Portfolio Available Available Cash & Investments Amount Within 1 Year Within 5 Years Funds immediately available - US Bank, State LGIP, Money market $ 83,769,790 $ 83,769,790 $ 83,769,790 Fixed Maturity Investments, maturing in: 0-90 days after Report Date 1,000,000 91-180 days after Report Date 1,000,000 181-270 days after Report Date 1,000,000 271-360 days after Report Date 3,000,000 Total Investments maturing in 1 year or less 6,000,000 6,000,000 6,000,000 Investments maturing in more than 1 year and 7,000,000 less than 10 years. 7,000,000 Total Cash & Investments $ 96,769,790 $ 89,769,790 $ 96,769,790 93% 100% Portfolio POLICY Policy Financial Institution Diversification Amount % of Total MAXIMUM Met? US Bank $ 30,505,586 31.5% insured by PDPC Yes Umpquah Bank 17,466,969 18.1% 20% Yes State LGIP 35,797,236 37.0% 100.0% Yes Investments in US Government and other non- financial institutions 13,000,000 13.4% varies see below Yes Total $ 96,769,790 100.0% Portfolio POLICY Policy Investment Mix Amount % of Total MAXIMUM Met? Depository (USBank) 30,505,586 31.5% insured by PDPC Yes State Investment Pool 35,797,236 37.0% 100% Yes Umpquah 17,466,969 18.1% insured by PDPC Yes US Agency 10,000,000 10.3% 100% Yes Municipal Bonds 3,000,000 3.1% 30% Yes Total 96, 769,790 100.0% Weighted Average Maturities: Years Performance Analysis Funds Immediately Available 0.0 Current portfolio yield 2.93% Government Agency bonds 1.2 Municipal bonds 1.3 Benchmarks: Total WAM 0.2 2 year treasury 3.723% 3 year treasury 3.693% POLICY MAXIMUM 2.0 5 year treasury 3.809% Policy Met? Yes Note: Funds immediately available are not factored into the Portfolio Investments weighted average maturity.