HomeMy WebLinkAbout2025-11 Monthly Report
City of Tukwila
Financial Report
January – November
2025
Revenues 76,100,121$ 72,033,915$ 105.6%
Transfers In 4,788,615 5,784,066 82.8%
Expenditures 61,936,061 70,815,611 87.5%
Transfers Out 3,622,793 5,610,591 64.6%
Net Revenues Less Expenditures 15,329,882$ 1,391,779$
% of Year Complete
91.7%
General Fund figures include General Fund and Contingency Fund, a Sub-Fund of the General Fund
Budget Variance
% of Annual Budget
General Fund
Overview
2025 Actuals through
November 2025 Total Budget
$-
$10
$20
$30
$40
$50
$60
$70
$80
Revenues Transfers In Expenditures Transfers Out
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General Fund Overview
Year to Date Budget
City of Tukwila Monthly Finance Report 1
Category 2025 Total
Budget
2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Taxes:
Property Tax 11,999,227$ 12,390,734$ 391,507$ 103.3%
Sales & Use Tax 23,283,886 21,291,947 (1,991,939) 91.4%
Other Sales Taxes 1,163,100 1,004,731 (158,369) 86.4%
Gambling Taxes 4,349,500 4,746,368 396,868 109.1%
Business & Occupation Taxes 2,400,000 2,958,763 558,763 123.3%
Utility Taxes 4,493,702 4,234,845 (258,857) 94.2%
Interfund Utility Taxes 3,167,729 2,771,201 (396,528) 87.5%
Admission Taxes 859,235 973,113 113,878 113.3%
Leasehold Excise Tax 260,000 250,569 (9,431) 96.4%
Business Licenses 3,445,500 2,511,897 (933,603) 72.9%
Building Permits & Rental Housing Permits 1,985,200 2,106,930 121,730 106.1%
Intergovernmental 5,697,852 10,118,568 4,420,716 177.6%
Charges for Services 2,612,121 2,697,918 85,797 103.3%
Miscellaneous Revenue 1,616,863 3,531,099 1,914,236 218.4%
Transfers In - Indirect Cost Allocation 3,111,694 2,852,386 (259,308) 91.7%
Transfers In From Other Funds 2,672,372 1,936,229 (736,143) 72.5%
Sale of Capital Assets 4,700,000 4,511,436 (188,564) 96.0%
Total 77,817,981$ 80,888,734$ 9,491,502$ 103.9%
Percent of Year Complete:91.7%
General Fund Overview - Revenues and Transfers In by Category
City of Tukwila Monthly Finance Report 2
$- $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
Sale of Capital Assets
Transfers In From Other Funds
Transfers In - Indirect Cost Allocation
Miscellaneous Revenue
Charges for Services
Intergovernmental
Building Permits & Rental Housing Permits
Business Licenses
Interfund Utility Taxes
Utility Taxes
Business & Occupation Taxes
Gambling Taxes
Sales & Use Tax
Property Tax
Millions
General Fund Major Revenues
Revenues and Transfers In YTD Total Budget
City of Tukwila Monthly Finance Report 3
$%
Taxes:
Property Tax 17,425,763$ 17,720,303$ 12,390,734$ (5,329,569)$ -30.1%
Sales & Use Tax 19,803,486 21,542,232 21,291,947 (250,285) -1.2%
Other Sales Taxes 1,065,611 1,014,441 1,004,731 (9,710) -1.0%
Gambling Taxes 4,468,724 4,122,356 4,746,368 624,012 +15.1%
Business & Occupation Taxes - 1,355,255 2,958,763 1,603,508 +118.3%
Utility Taxes 3,816,836 3,998,977 4,234,845 235,868 +5.9%
Interfund Utility Taxes 2,440,290 2,552,648 2,771,201 218,553 +8.6%
Admission Taxes 791,113 788,773 973,113 184,340 +23.4%
Leasehold Excise Tax 241,341 265,524 250,569 (14,955) -5.6%
Business Licenses 2,678,006 2,651,505 2,511,897 (139,608) -5.3%
Building Permits & Rental Housing Permits 2,232,699 1,738,803 2,106,930 368,127 +21.2%
Intergovernmental 7,616,734 7,366,281 10,118,568 2,752,287 +37.4%
Charges for Services 2,233,361 2,057,097 2,697,918 640,821 +31.2%
Miscellaneous Revenue 1,717,180 2,603,284 3,531,099 927,815 +35.6%
Transfers In - Indirect Cost Allocation 2,587,211 2,716,558 2,852,386 135,828 +5.0%
Transfers In From Other Funds - 225,891 1,936,229 1,710,338 +757.2%
Sale of Capital Assets - - 4,511,436 4,511,436 -
Total 69,118,355$ 72,719,928$ 80,888,734$ 8,168,806$ +11.2%
General Fund: Year-to-Year Revenues and Transfers In
2025 vs 20242024 Revenues
Through November
2025 Revenues
through NovemberCategory2023 Revenues
Through November
City of Tukwila Monthly Finance Report 4
$- $1 $2 $3 $4 $5 $6 $7 $8 $9 $10 $11 $12 $13 $14 $15 $16 $17 $18 $19 $20 $21 $22 $23
Sale of Capital Assets
Transfers In From Other Funds
Transfers In - Indirect Cost Allocation
Miscellaneous Revenue
Charges for Services
Intergovernmental
Building Permits & Rental Housing Permits
Business Licenses
Interfund Utility Taxes
Utility Taxes
Business & Occupation Taxes
Gambling Taxes
Sales & Use Tax
Property Tax
Millions
General Fund Major Revenues Prior Year Comparisons YTD
2023 2024 2025
City of Tukwila Monthly Finance Report 5
Department 2025 Total Budget 2025 Expenses through
November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
City Council 400,093$ 342,705$ 57,388$ 85.7%
Mayor's Office 9,870,218 7,898,713 1,971,505 80.0%
Finance Department 4,343,230 4,244,794 98,436 97.7%
Community Development (DCD)5,748,041 4,752,076 995,965 82.7%
Municipal Court 2,329,525 2,027,401 302,124 87.0%
Police Department 28,411,330 25,047,887 3,363,443 88.2%
Fire Department 1,398,192 1,118,875 279,317 80.0%
Recreation Department 4,244,958 3,118,750 1,126,208 73.5%
Park Maintenance Dept 2,904,012 2,671,604 232,408 92.0%
Public Works Dept 4,977,693 3,804,906 1,172,787 76.4%
Street Maintenance Dept 4,761,271 4,066,068 695,203 85.4%
Non-Departmental
Expenses 1,427,046 2,842,284 (1,415,238) 199.2%
Transfers Out - Debt Service 3,692,390 2,769,293 923,097 75.0%
Transfers Out to Other Funds 1,918,201 853,500 1,064,701 44.5%
Total 76,426,200$ 65,558,856$ 10,867,344$ 85.8%
Percent of Year Complete:91.7%
General Fund Overview - Expenditures & Transfers Out by Department
City of Tukwila Monthly Finance Report 6
$-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
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General Fund Expenditures and Transfers Out by Department
Expenditures and Transfers Out YTD Total Budget
City of Tukwila Monthly Finance Report 7
$%
City Council 330,325$ 343,114$ 342,705$ (409)$ -0.1%
Mayor's Office 7,522,670 7,450,261 7,898,713 448,452 +6.0%
Finance Department 2,917,580 3,725,282 4,244,794 519,512 +13.9%
Community Development (DCD)4,172,946 4,791,245 4,752,076 (39,169) -0.8%
Municipal Court 1,461,489 1,982,088 2,027,401 45,313 +2.3%
Police Department 18,990,588 21,629,806 25,047,887 3,418,081 +15.8%
Fire Department 14,870,133 16,311,968 1,118,875 (15,193,093) -93.1%
Recreation Department 2,764,129 3,202,239 3,118,750 (83,489) -2.6%
Park Maintenance Dept 1,827,926 2,299,146 2,671,604 372,458 +16.2%
Public Works Dept 3,412,898 3,567,272 3,804,906 237,634 +6.7%
Street Maintenance Dept 3,010,584 3,492,459 4,066,068 573,609 +16.4%
Non-Departmental
Expenses1 770,738 823,863 2,842,284 2,018,421 +245.0%
Transfers Out - Debt Service 3,562,371 3,154,758 2,769,293 (385,465) -12.2%
Transfers Out to Other Funds 241,250 427,598 853,500 425,902 +99.6%
Total 65,855,627$ 73,201,100$ 65,558,856$ (7,642,244)$ -10%
Notes:
1In 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
General Fund Overview - Year-to-Year Expenditures & Transfers Out by Department
2024 Expenses through
November
2025 Expenses through
NovemberCategory 2025 vs 20242023 Expenses through
November
City of Tukwila Monthly Finance Report 8
$-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
Th
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General Fund Expenditures by Department Prior Year Comparions YTD
2023 2024 2025
City of Tukwila Monthly Finance Report 9
Category 2025 Total Budget 2025 Expenses through
November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 33,466,376$ 29,124,930$ 4,341,446$ 87.0%
Benefits 12,851,718 10,432,825 2,418,893 81.2%
Supplies 1,681,034 1,463,696 217,338 87.1%
Services 22,586,277 20,122,746 2,463,531 89.1%
Land, Structures, Machinery, Equipment 200,000 770,717 (570,717) 385.4%
Other Expenditures 30,205 21,148 9,057 70.0%
Transfers Out - Debt Service 3,692,390 2,769,293 923,097 75.0%
Transfers Out to Other Funds 1,918,201 853,500 1,064,701 44.5%
Total 76,426,201$ 65,558,855$ $ 10,867,346 85.8%
Percent of Year Complete:91.7%
General Fund Overview - Expenditures by Category
$-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
Salaries, Wages, &
Overtime
Benefits Supplies Services Land, Structures,
Machinery, Equipment
Other Expenditures Transfers Out - Debt
Service
Transfers Out to Other
Funds
Th
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General Fund Expenditures and Transfers Out by Category
Expenditures and Transfers Out YTD 2025 Total Budget
City of Tukwila Monthly Finance Report 10
$%
Salaries, Wages, & Overtime 23,242,030$ 27,965,726$ 29,124,930$ 1,159,204$ +4.1%
Benefits 8,925,966 9,949,243 10,432,825 483,582 +4.9%
Supplies 1,221,772 1,196,384 1,463,696 267,312 +22.3%
Services 27,564,718 30,226,914 20,122,746 (10,104,168) -33.4%
Services excluding PSRFA Fire Contract 14,246,771 15,591,568 20,122,746 4,531,178 +29.1%
Land, Structures, Machinery, Equipment 1,097,520 280,477 770,717 490,240 +174.8%
Other Expenditures - - 21,148 21,148 -
Transfers Out - Debt Service 3,562,371 3,154,758 2,769,293 (385,465) -12.2%
Transfers Out to Other Funds 241,250 427,598 853,500 425,902 +99.6%
Total 65,855,627$ 73,201,100$ 65,558,855$ (7,642,245)$ -10.4%
General Fund: Year-to-Year Expenditures & Transfers Out by Category
Category 2024 Expenses through
November
2025 Expenses through
November
2025 vs 20242023 Expenses through
November
$-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
Salaries, Wages, &
Overtime
Benefits Supplies Services Services excluding
PSRFA Fire Contract
Land, Structures,
Machinery, Equipment
Other Expenditures Transfers Out - Debt
Service
Transfers Out to Other
Funds
Th
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General Fund Expenditures by Category Prior Year Comparions YTD
2023 2024 2025
City of Tukwila Monthly Finance Report 11
Revenues 924,747$ 897,750$ 103.0%
Expenditures 349,432 992,204 35.2%
Transfers Out 26,775 29,209 91.7%
Net Revenues Less Expenditures 548,540$ (123,663)$
% of Year Complete
91.7%
Fund 101 Hotel/Motel Special Revenue Fund
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 12
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 51,393$ 47,713$ 3,680$ 92.8%
Benefits 20,561 9,680 10,881 47.1%
Supplies 3,000 933 2,067 31.1%
Services 917,250 291,106 626,144 31.7%
Transfers Out - Internal Cost Allocation 29,209 26,775 2,434 91.7%
Total 1,021,413$ 376,207$ $ 645,206 36.8%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Hotel/Motel Tax 850,000$ 855,529$ 5,529$ 100.7%
Investment Earnings 47,750 69,218 21,468 145.0%
Total 897,750$ 924,747$ 26,997$ 103.0%
% of Year Complete
91.7%
Fund 101 Hotel/Motel Special Revenue Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$200
$400
$600
$800
$1,000
$1,200
2025 Expenditures YTD 2025 Total Budget
Th
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Fund 101 Expenditures
$880
$885
$890
$895
$900
$905
$910
$915
$920
$925
$930
2025 Revenues YTD 2025 Total Budget
Th
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Fund 101 Revenues
City of Tukwila Monthly Finance Report 13
$%
Salaries, Wages, & Overtime 62,459$ 86,175$ 47,713$ (38,462)$ -44.6%
Benefits 15,696 19,624 9,680 (9,944) -50.7%
Supplies 154 73 933 860 +1178.1%
Services 289,344 301,254 291,106 (10,148) -3.4%
Transfers Out - Internal Cost Allocation 24,288 25,500 26,775 1,275 +5.0%
Total 391,941$ 432,626$ 376,207$ (56,419)$ -13.0%
$%
Hotel/Motel Tax 901,752$ 919,477$ 855,529$ (63,948)$ -7.0%
Investment Earnings 110,498 145,041 69,218 (75,823) -52.3%
Total 1,012,250$ 1,064,518$ 924,747$ (139,771)$ -13.1%
Fund 101 Hotel/Motel Special Revenue Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
Fund 101 Hotel/Motel Special Revenue Fund
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
$- $200 $400 $600 $800 $1,000 $1,200
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 101 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 14
Revenues 313,928$ 1,130,000$ 27.8%
Expenditures 95,978 850,000 11.3%
Net Revenues Less Expenditures 217,950$ 280,000$
% of Year Complete
91.7%
Budget Variance
% of Annual Budget
Fund 103 Residential Street Fund
Overview
2025 through
November 2025 Total Budget
City of Tukwila Monthly Finance Report 15
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime - 3,336 (3,336) -
Benefits - 715 (715) -
Supplies -$ 11,437$ (11,437)$ -
Services 850,000 80,489 769,511 9.5%
Total 850,000$ 95,977$ 754,023$ 11.3%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Utility Taxes 100,000$ -$ (100,000)$ 0.0%
Grant Revenues 724,000 - (724,000) 0.0%
State Entitlements 280,000 251,147 (28,853) 89.7%
Investment Earnings 26,000 62,781 36,781 241.5%
Total 1,130,000$ 313,928$ (816,072)$ 27.8%
% of Year Complete
91.7%
Fund 103 Residential Street Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$100
$200
$300
$400
$500
$600
$700
$800
$900
2025 Expenditures YTD 2025 Total Budget
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Fund 103 Expenditures
$-
$200
$400
$600
$800
$1,000
$1,200
2025 Revenues YTD 2025 Total Budget
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Fund 103 Revenues
City of Tukwila Monthly Finance Report 16
$%
Salaries, Wages, & Overtime 10,656$ 2,066$ 3,336$ 1,270$ +61.5%
Benefits 5,870 890 715 (175) -19.7%
Supplies 79,558 15,729 11,437 (4,292) -27.3%
Services 368,682 236,373 80,489 (155,884) -65.9%
Land, Structures, Machinery, Equipment 130,909 56,171 - (56,171) -100.0%
Total 595,675$ 311,229$ 95,977$ (215,252)$ -69.2%
$%
Grant Revenues 112,071$ 70,797$ -$ (70,797)$ -100.0%
State Entitlements 267,385 257,846 251,147 (6,699) -2.6%
Investment Earnings 32,288 61,783 62,781 998 +1.6%
Transfers In - 183,598 - (183,598) -100.0%
Total 1,061,744$ 574,024$ 313,928$ (260,096)$ -45.3%
Fund 103 Residential Street Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2024 Expenses
through November
2025 Expenses
through November
2025 vs 20242023 Expenses
through November
Fund 103 Residential Street Fund
Year-to-Year Revenues and Transfers In by Category
Category 2024 Revenues
through November
2025 Revenues
through November
2025 vs 20242023 Revenues
through November
$- $200 $400 $600 $800 $1,000 $1,200
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 103 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 17
Revenues 6,493,574$ 5,586,001$ 116.2%
Expenditures 3,298,936 7,636,726 43.2%
Net Revenues Less Expenditures 3,194,638$ (2,050,725)$
% of Year Complete
91.7%
Fund 104 Arterial Street Fund
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 18
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 793,142$ 623,616$ 169,526$ 79%
Benefits 312,185 206,984 105,201 66%
Supplies 23,200 104,810 (81,610) 451.8%
Services 6,508,200 1,699,828 4,808,372 26.1%
Land, Structures, Machinery, Equipment - 663,699 (663,699) -
Total 7,636,727$ 3,298,937$ 4,337,790$ 43.2%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Utility Taxes 1,320,000$ 1,404,095$ 84,095$ 106.4%
Parking Tax 800,000 894,245 94,245 111.8%
Real Estate Excise Tax (REET)500,000 383,140 (116,860) 76.6%
Permits 1 - (1) 0.0%
Franchise Fees 450,000 432,428 (17,572) 96.1%
Grant Revenues 2,026,000 983,826 (1,042,174) 48.6%
State Entitlements 135,000 126,992 (8,008) 94.1%
General Government Revenue - 360 360 -
Traffic Impact Fees 200,000 1,502,858 1,302,858 751.4%
Fines and Penalties 2,000 6,500 4,500 325.0%
Other Income 80,000 427,226 347,226 534.0%
Investment Earnings 73,000 305,524 232,524 418.5%
Total 5,586,001$ 6,467,194$ 881,193$ 115.8%
% of Year Complete
91.7%
Fund 104 Arterial Street Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
$9,000
2025 Expenditures YTD 2025 Total Budget
Th
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Fund 104 Expenditures
$5,000
$5,200
$5,400
$5,600
$5,800
$6,000
$6,200
$6,400
$6,600
2025 Revenues YTD 2025 Total Budget
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Fund 104 Revenues
City of Tukwila Monthly Finance Report 19
$%
Salaries, Wages, & Overtime 375,084$ 496,417$ 623,616$ 127,199$ +25.6%
Benefits 131,260 162,257 206,984 44,727 +27.6%
Supplies 88,103 57,478 104,810 47,332 +82.3%
Services 1,984,812 2,115,944 1,699,828 (416,116) -19.7%
Land, Structures, Machinery, Equipment 1,542,039 1,414,729 663,699 (751,030) -53.1%
Total 4,121,298$ 4,246,825$ 3,298,937$ (947,888)$ -22.3%
$%
Utility Taxes 487,249$ 1,419,810$ 1,404,095$ (15,715)$ -1%
Parking Tax 728,906 807,378 894,245 86,867 +10.8%
Real Estate Excise Tax (REET)364,547 667,365 383,140 (284,225) -42.6%
Permits 831 2 - (2) -100.0%
Franchise Fees - 392,608 432,428 39,820 +10.1%
Grant Revenues 1,119,817 1,322,135 983,826 (338,309) -25.6%
State Entitlements 134,737 130,197 126,992 (3,205) -2.5%
General Government Revenue - 335 360 25 +7.5%
Traffic Impact Fees 810,328 218,933 1,502,858 1,283,925 +586.4%
Fines and Penalties 11,081 2,540 6,500 3,960 +155.9%
Other Income 177,434 137,600 427,226 289,626 +210.5%
Investment Earnings 241,707 292,465 305,524 13,059 +4.5%
Total 4,076,637$ 5,391,368$ 6,467,194$ 1,075,826$ +20.0%
Fund 104 Arterial Street Fund
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
Fund 104 Arterial Street Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
$- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 104 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 20
Revenues 15,814$ 98,100$ 16.1%
Expenditures 71,959 73,000 98.6%
Net Revenues Less Expenditures (56,145)$ 25,100$
% of Year Complete
91.7%
Fund 109 Drug Seizure Fund
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 21
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Supplies 36,000$ 45,713$ (9,713)$ 127.0%
Services 37,000 26,246 10,754 70.9%
Total 73,000$ 71,959$ 1,041$ 98.6%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Intergovernmental 35,000$ 14,339$ (20,661)$ 41.0%
Other Income 60,000 1,475 (58,525) 2.5%
Investment Earnings 3,100 - (3,100) 0.0%
Total 98,100$ 15,814$ (82,286)$ 16.1%
% of Year Complete
91.7%
Fund 109 Drug Seizure Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$71
$72
$72
$72
$72
$72
$73
$73
$73
$73
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 109 Expenditures
$-
$20
$40
$60
$80
$100
$120
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 109 Revenues
City of Tukwila Monthly Finance Report 22
$%
Supplies 11,423$ 12,112$ 45,713$ 33,601$ +277.4%
Services 127,379 49,339 26,246 (23,093) -46.8%
Total 138,802$ 61,451$ 71,959$ 10,508$ +17.1%
$%
Grant Revenues 109,333 - - - -
Intergovernmental 79,010$ -$ 14,339$ 14,339$ -
Other Income - 157,393 1,475 (155,918) -99.1%
Investment Earnings - - - - -
Total 188,343$ 157,393$ 15,814$ (141,579)$ -90.0%
Fund 109 Drug Seizure Fund
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
Fund 109 Drug Seizure Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
- 20 40 60 80 100 120 140 160 180 200
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 109 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 23
Revenues 1,687,635$ 2,841,300$ 59.4%
Expenditures 1,209,976 2,431,000 49.8%
Transfers Out - 1,057,605 0.0%
Net Revenues Less Expenditures 477,659$ (647,305)$
% of Year Complete
91.7%
Fund 301 Land Acq., Rec. & Park Development
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 24
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Supplies 30,000$ 6,667$ 23,333$ 22.2%
Services 1,876,000 788,540 1,087,460 42.0%
Land, Structures, Machinery, Equipment 525,000 414,769 110,231 79%
Transfers Out to Other Funds 1,057,605 - 1,057,605 0%
Total 3,488,605$ 1,209,976$ 2,278,629$ 34.7%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Property Tax 207,800$ 176,628$ (31,172)$ 85.0%
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 71,019 (28,981) 71.0%
Investment Earnings 57,500 177,178 119,678 308.1%
Total 2,841,300$ 1,674,635$ (1,166,665)$ 58.9%
% of Year Complete
91.7%
Fund 301 Land Acq., Rec. & Park Development
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
$4,000
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 301 Expenditures
$-
$500
$1,000
$1,500
$2,000
$2,500
$3,000
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 301 Revenues
City of Tukwila Monthly Finance Report 25
$%
Supplies 87,518 38,146 6,667 (31,479) -82.5%
Services 155,747$ 1,755,834$ 788,540$ (967,294)$ -55.1%
Land, Structures, Machinery, Equipment - 16,982 414,769 397,787 +2342.4%
Total 243,265$ 1,810,962$ 1,209,976$ (600,986)$ -33.2%
$%
Property Tax 129,956$ 135,937$ 176,628$ 40,691$ +30%
Real Estate Excise Tax (REET)36,224 - - - -
Grant Revenues - - 1,249,810 1,249,810 -
Park Impact Fees 983,847 105,429 71,019 (34,410) -32.6%
Investment Earnings 158,903 194,809 177,178 (17,631) -9%
Transfers In 64,250 31,000 - (31,000) -100%
Total 1,373,180$ 467,175$ 1,674,635$ 1,207,460$ +258.5%
Fund 301 Land Acq., Rec. & Park Development
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
Fund 301 Land Acq., Rec. & Park Development
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
$- $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 $2,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 301 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 26
Revenues 51,243$ 1,000$ 5124.3%
Transfers In 328,500 843,000 39.0%
Expenditures 312,454 538,000 58.1%
Net Revenues Less Expenditures 67,289$ 306,000$
% of Year Complete
91.7%
Fund 303 General Government Improvements
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 27
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Services 538,000$ 312,454 225,546$ 58.1%
Total 538,000$ 312,454 $ 225,546 58.1%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Investment Earnings 1,000$ 9,239$ 8,239$ 923.9%
Transfer In From General Fund 843,000 328,500 (514,500) 39%
Total 844,000$ 337,739$ $ (506,261)40.0%
% of Year Complete
91.7%
Fund 303 General Government Improvements
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$100
$200
$300
$400
$500
$600
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 303 Expenditures
$-
$100
$200
$300
$400
$500
$600
$700
$800
$900
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 303 Revenues
City of Tukwila Monthly Finance Report 28
$%
Services 149,185$ 1,146$ 312,454$ 311,308$ +27164.7%
Total 149,185$ 1,146$ 312,454$ 311,308$ +27164.7%
$%
Investment Earnings 21,104$ 21,168$ 9,239$ (11,929)$ -56%
Transfer In From General Fund - - 328,500 328,500 -
Total 21,104$ 21,168$ 337,739$ 316,571$ +1495.5%
Fund 303 General Government Improvements
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
Fund 303 General Government Improvements
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
$- $50 $100 $150 $200 $250 $300 $350 $400
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 303 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 29
Revenues 50,656$ 600,000$ 8.4%
Transfers Out - 600,000 0.0%
Net Revenues Less Expenditures 50,656$ -$
% of Year Complete
91.7%
Fund 304 Fire Improvements
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 30
Category 2025 Total Budget 2025 Transfers Out
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Transfers Out to Other Funds 600,000$ -$ 600,000$ 0%
Total 600,000$ -$ $ 600,000 0.0%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Fire Impact Fees 600,000$ 50,103$ (549,897)$ 8.4%
Investment Earnings - 553 553 -
Total 600,000$ 50,656$ $ (549,344)8.4%
% of Year Complete
91.7%
Fund 304 Fire Improvements
Transfers Out
Revenues and Transfers In by Category
$-
$100
$200
$300
$400
$500
$600
$700
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 304 Transfers Out
$-
$100
$200
$300
$400
$500
$600
$700
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 304 Revenues
City of Tukwila Monthly Finance Report 31
$%
Transfers Out to Other Funds -$ -$ -$ -$ -
Total -$ -$ -$ -$ -
$%
Fire Impact Fees 699,274$ 77,376$ 50,103$ (27,273)$ -35.2%
Total 699,274$ 77,376$ 50,103$ (27,273)$ -35.2%
Fund 304 Fire Improvements
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
Fund 304 Fire Improvements
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
$- $100 $200 $300 $400 $500 $600 $700 $800
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 304 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 32
Revenues 729,574$ 15,000$ 4863.8%
Transfers In - 1,100,000 0.0%
Transfers Out 989,118 1,318,824 75.0%
Net Revenues Less Expenditures (259,544)$ (203,824)$
% of Year Complete
91.7%
Fund 305 Public Safety Plan
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 33
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Transfers Out to Other Funds 1,318,824$ 989,118$ 329,706$ 75%
Total 1,318,824$ 989,118$ $ 329,706 75.0%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Real Estate Excise Tax (REET)-$ 383,140$ 383,140$ -
Investment Earnings 15,000 46,434 31,434 309.6%
Transfers In 1,100,000 - (1,100,000) 0%
Total 1,115,000$ 729,574$ $ (385,426)65.4%
% of Year Complete
91.7%
Fund 305 Public Safety Plan
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$200
$400
$600
$800
$1,000
$1,200
$1,400
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 305 Expenditures
$-
$200
$400
$600
$800
$1,000
$1,200
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 305 Revenues
City of Tukwila Monthly Finance Report 34
$%
Transfers Out to Other Funds -$ -$ 989,118$ 989,118 -
Total (1,700)$ -$ 989,118$ 989,118 -
$%
Real Estate Excise Tax (REET)328,323$ 667,365$ 383,140$ (284,225)$ -42.6%
Investment Earnings 45,606 57,984 46,434 (11,550) -20%
Total 673,929$ 1,025,349$ 729,574$ (295,775)$ -28.8%
Fund 305 Public Safety Plan
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
Fund 305 Public Safety Plan
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
$(200) $- $200 $400 $600 $800 $1,000 $1,200
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 305 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 35
Revenues 26,102$ 846,937$ 3.1%
Transfers In 750,000 1,000,000 75.0%
Expenditures 61,335 1,000,000 6.1%
Net Revenues Less Expenditures 714,767$ 846,937$
% of Year Complete
91.7%
Fund 306 City Facilities
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 36
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Services 1,000,000$ 61,335$ 938,665$ 6.1%
Total 1,000,000$ 61,335$ $ 938,665 6.1%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Investment Earnings 5,000$ 26,102$ 21,102$ 522.0%
Rent & Concessions 841,937 - (841,937) 0.0%
Transfers In 1,000,000 750,000 (250,000) 75%
Total 1,846,937$ 776,102$ $ (1,070,835)42.0%
% of Year Complete
91.7%
Fund 306 City Facilities
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$200
$400
$600
$800
$1,000
$1,200
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 306 Expenditures
$-
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
$1,800
$2,000
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 306 Revenues
City of Tukwila Monthly Finance Report 37
$%
Services 1,140,506$ 2,178,716$ 61,335$ (2,117,381)$ -97.2%
Land, Structures, Machinery, Equipment 1,432,038 808 - (808) -100.0%
Total 2,580,454$ 2,179,524$ 61,335$ (2,118,189)$ -97.2%
$%
Grant Revenues - 246,870 - (246,870) -100.0%
Investment Earnings 26,652$ 15,764$ 26,102$ 10,338$ +65.6%
Transfers In 2,000,000 750,000 750,000 - 0%
Total 2,026,652$ 1,012,634$ 776,102$ (236,532)$ -23.4%
Fund 306 City Facilities
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
Fund 306 City Facilities
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
$- $500 $1,000 $1,500 $2,000 $2,500 $3,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 306 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 38
Revenues 8,748,859$ 11,341,356$ 77.1%
Expenditures 7,381,940 10,493,596 70.3%
Transfers Out 1,266,750 1,507,615 84.0%
Net Revenues Less Expenditures 100,169$ (659,855)$
% of Year Complete
91.7%
Fund 401 Water Utility Fund
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 39
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 957,112$ 817,429$ 139,683$ 85%
Benefits 538,827 332,945 205,882 62%
Supplies 3,105,196 3,040,024 65,172 97.9%
Services 5,677,288 1,992,328 3,684,960 35.1%
Land, Structures, Machinery, Equipment - 1,198,155 (1,198,155) -
Other Expenditures 215,173 1,058 214,115 0.5%
Transfers Out - Internal Cost Allocation 816,232 748,213 68,019 92%
Transfers Out - Debt Service 358,050 268,537 89,513 75%
Transfers Out to Other Funds 333,333 250,000 83,333 75%
Total 12,001,211$ 8,648,689$ $ 3,352,522 72.1%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Water Sales 9,239,856$ 8,647,006$ (592,850)$ 93.6%
Security Revenue - (12,627) (12,627) -
Other Income 1,500 28,943 27,443 1929.5%
Investment Earnings 100,000 85,535 (14,465) 85.5%
Bond Proceeds 2,000,000 - (2,000,000) 0%
Total 11,341,356$ 8,748,857$ $ (2,592,499)77.1%
% of Year Complete
91.7%
Fund 401 Water Utility Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 401 Expenditures and Transfers Out
$-
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 401 Revenues
City of Tukwila Monthly Finance Report 40
$%
Salaries, Wages, & Overtime 664,783$ 811,601$ 817,429$ 5,828$ +0.7%
Benefits 309,977 357,294 332,945 (24,349) -6.8%
Supplies 2,892,170 2,922,245 3,040,024 117,779 +4.0%
Services 1,845,491 1,776,990 1,992,328 215,338 +12.1%
Land, Structures, Machinery, Equipment 1,153,232 56,065 1,198,155 1,142,090 +2037.1%
Other Expenditures 83,493 82,596 1,058 (81,538) -99%
Transfers Out - Internal Cost Allocation 678,656 712,584 748,213 35,629 +5%
Transfers Out - Debt Service 268,534 268,534 268,537 3 +0%
Transfers Out to Other Funds 354,819 255,000 250,000 (5,000) -2%
Total 8,251,155$ 7,242,909$ 8,648,689$ 1,405,780$ +19.4%
$%
Water Sales 7,329,169$ 7,661,090$ 8,647,006$ 985,916$ +13%
Security Revenue 10,512 6,626 (12,627) (19,253) -290.6%
Other Income 35,120 320 28,943 28,623 +8944.7%
Investment Earnings 178,136 141,315 85,535 (55,780) -39%
Total 7,552,937$ 7,809,351$ 8,748,857$ 939,506$ +12.0%
Fund 401 Water Utility Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
Fund 401 Water Utility Fund
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
$- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 401 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 41
Revenues 10,894,747$ 12,527,105$ 87.0%
Transfers In - 947,112 0.0%
Expenditures 10,837,320 16,129,584 67.2%
Transfers Out 1,030,426 1,221,086 84.4%
Net Revenues Less Expenditures (972,999)$ (3,876,453)$
% of Year Complete
91.7%
Fund 402 Sewer Utility Fund
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 42
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 666,584$ 671,294$ (4,710)$ 101%
Benefits 482,884 283,955 198,929 59%
Supplies 6,214,355 5,204,908 1,009,447 83.8%
Services 8,611,358 2,058,134 6,553,224 23.9%
Land, Structures, Machinery, Equipment - 2,573,685 (2,573,685) -
Other Expenditures 154,403 45,345 109,058 29%
Transfers Out - Internal Cost Allocation 687,666 630,360 57,306 92%
Transfers Out - Debt Service 200,087 150,066 50,021 75%
Transfers Out to Other Funds 333,333 250,000 83,333 75%
Total 17,350,670$ 11,867,747$ $ 5,482,923 68.4%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Sewer Sales 12,127,105$ 10,473,809$ (1,653,296)$ 86.4%
Other Income - 87,685 87,685 -
Investment Earnings 400,000 333,252 (66,748) 83.3%
Transfers In - General Fund 947,112 - (947,112) 0.0%
Total 13,474,217$ 10,894,746$ $ (2,579,471)80.9%
% of Year Complete
91.7%
Fund 402 Sewer Utility Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
$18,000
$20,000
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 402 Expenditures and Transfers Out
$-
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 402 Revenues
City of Tukwila Monthly Finance Report 43
$%
Salaries, Wages, & Overtime 809,709$ 1,088,989$ 671,294$ (417,695)$ -38.4%
Benefits 353,389 431,394 283,955 (147,439) -34.2%
Supplies 4,069,119 4,833,801 5,204,908 371,107 +7.7%
Services 2,011,532 1,987,501 2,058,134 70,633 +3.6%
Land, Structures, Machinery, Equipment - - 2,573,685 2,573,685 -
Other Expenditures 242,333 239,987 45,345 (194,642) -81%
Transfers Out - Internal Cost Allocation 571,758 600,343 630,360 30,017 +5%
Transfers Out - Debt Service 150,063 150,063 150,066 3 +0%
Transfers Out to Other Funds 215,899 147,500 250,000 102,500 +69%
Total 8,423,802$ 9,479,578$ 11,867,747$ 2,388,169$ +25.2%
$%
Sewer Sales 9,282,782$ 9,763,758$ 10,473,809$ 710,051$ +7%
Other Income 47,138 6,555 87,685 81,130 +1237.7%
Investment Earnings 447,860 429,616 333,252 (96,364) -22.4%
Total 9,777,780$ 10,199,929$ 10,894,746$ 694,817$ +6.8%
Fund 402 Sewer Utility Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
Fund 402 Sewer Utility Fund
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
$- $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 402 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 44
Revenues 2,728,580$ 2,487,500$ 109.7%
Transfers In 225,000 300,000 75.0%
Expenditures 2,162,801 2,719,666 79.5%
Transfers Out 221,639 241,788 91.7%
Net Revenues Less Expenditures 569,140$ (173,954)$
% of Year Complete
91.7%
Fund 411 Foster Golf Course
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 45
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 1,077,911$ 973,045$ 104,866$ 90%
Benefits 395,385 364,709 30,676 92%
Supplies 362,145 389,628 (27,483) 107.6%
Services 360,225 381,466 (21,241) 105.9%
Land, Structures, Machinery, Equipment 524,000 53,954 470,046 10%
Transfers Out - Internal Cost Allocation 241,788 221,639 20,149 92%
Total 2,961,454$ 2,384,441$ $ 577,013 80.5%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Gambling & Excise Taxes 3,000$ -$ (3,000)$ 0.0%
Greens Fees 1,610,000 1,994,728 384,728 123.9%
General Government Revenue 165,000 186,443 21,443 113.0%
Culture and Recreation Fees 5,000 4,941 (59) 98.8%
Other Income 11,000 28,216 17,216 256.5%
Investment Earnings 60,000 65,022 5,022 108.4%
Rent & Concessions 633,500 449,231 (184,269) 70.9%
Transfer In From General Fund 300,000 225,000 (75,000) 75%
Total 2,787,500$ 2,953,581$ $ 166,081 106.0%
% of Year Complete
91.7%
Fund 411 Foster Golf Course
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 411 Expenditures and Transfers Out
$2,700
$2,750
$2,800
$2,850
$2,900
$2,950
$3,000
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 411 Revenues and Transfers In
City of Tukwila Monthly Finance Report 46
$%
Salaries, Wages, & Overtime 742,591$ 947,999$ 973,045$ 25,046$ +2.6%
Benefits 330,665 352,995 364,709 11,714 +3.3%
Supplies 350,330 264,279 389,628 125,349 +47.4%
Services 431,819 499,878 381,466 (118,412) -23.7%
Land, Structures, Machinery, Equipment 28,582 367,644 53,954 (313,690) -85.3%
Transfers Out - Internal Cost Allocation 201,036 211,084 221,639 10,555 +5%
Total 2,085,023$ 2,643,879$ 2,384,441$ (259,438)$ -9.8%
$%
Greens Fees 1,777,188$ 1,726,135$ 1,994,728$ 268,593$ +15.6%
General Government Revenue 165,975 147,490 186,443 38,953 +26.4%
Culture and Recreation Fees 2,130 5,031 4,941 (90) -1.8%
Other Income 31,590 15,571 28,216 12,645 +81%
Investment Earnings 63,895 77,592 65,022 (12,570) -16%
Rent & Concessions 474,749 434,938 449,231 14,293 +3%
Sale of Capital Assets 12,800 4,000 - (4,000) -100%
Transfer In From General Fund 225,000 225,000 225,000 - 0%
Total 2,753,327$ 2,635,757$ 2,953,581$ 317,824$ +12.1%
Fund 411 Foster Golf Course
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
Fund 411 Foster Golf Course
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
$- $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 411 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 47
Revenues 10,525,835$ 14,742,267$ 71.4%
Expenditures 6,773,596 15,103,982 44.8%
Transfers Out 1,288,066 1,555,760 82.8%
Net Revenues Less Expenditures 2,464,173$ (1,917,475)$
% of Year Complete
91.7%
Fund 412 Surface Water Utility Fund
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 48
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 2,028,653$ 1,569,214$ 459,439$ 77%
Benefits 1,023,526 590,803 432,723 58%
Supplies 72,665 60,300 12,365 83.0%
Services 11,957,541 3,847,889 8,109,652 32.2%
Land, Structures, Machinery, Equipment - 704,903 (704,903) -
Other Expenditures 21,597 488 21,109 2%
Transfers Out - Internal Cost Allocation 727,476 666,853 60,623 92%
Transfers Out - Debt Service 494,951 371,213 123,738 75%
Transfers Out to Other Funds 333,333 250,000 83,333 75%
Total 16,659,742$ 8,061,663$ $ 8,598,079 48.4%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Surface Water Sales 8,477,267$ 8,570,997$ 93,730$ 101.1%
Permits - (17) (17) -
Grant Revenues 3,322,000 748,081 (2,573,919) 22.5%
Other Income 2,643,000 770,834 (1,872,166) 29.2%
Investment Earnings 300,000 435,939 135,939 145.3%
Total 14,742,267$ 10,525,834$ $ (4,216,433)71.4%
% of Year Complete
91.7%
Fund 412 Surface Water Utility Fund
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
$18,000
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 412 Expenditures and Transfers Out
$-
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 412 Revenues
City of Tukwila Monthly Finance Report 49
$%
Salaries, Wages, & Overtime 1,123,602$ 1,552,653$ 1,569,214$ 16,561$ +1.1%
Benefits 508,127 603,081 590,803 (12,278) -2.0%
Supplies 44,930 76,309 60,300 (16,009) -21.0%
Services 1,759,256 1,999,682 3,847,889 1,848,207 +92.4%
Land, Structures, Machinery, Equipment - 1,143,868 704,903 (438,965) -38.4%
Other Expenditures 262,901 261,376 488 (260,888) -100%
Transfers Out - Internal Cost Allocation 604,857 635,098 666,853 31,755 +5%
Transfers Out - Debt Service 371,209 371,209 371,213 4 +0%
Transfers Out to Other Funds 476,750 359,500 250,000 (109,500) -30%
Total 5,151,632$ 7,002,776$ 8,061,663$ 1,058,887$ +15.1%
$%
Surface Water Sales 7,767,059$ 8,090,765$ 8,570,997$ 480,232$ +6%
Permits - - (17) (17) -
Grant Revenues 223,081 221,406 748,081 526,675 +237.9%
Other Income 132,451 1,218,262 770,834 (447,428) -36.7%
Investment Earnings 293,201 460,374 435,939 (24,435) -5%
Total 8,415,792$ 9,990,807$ 10,525,834$ 535,027$ +5.4%
Fund 412 Surface Water Utility Fund
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
Fund 412 Surface Water Utility Fund
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
$- $2,000 $4,000 $6,000 $8,000 $10,000 $12,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 412 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 50
Revenues 5,253,073$ 6,223,147$ 84.4%
Expenditures 4,542,021 5,749,503 79.0%
Transfers Out 354,116 386,308 91.7%
Net Revenues Less Expenditures 356,936$ 87,336$
% of Year Complete
91.7%
Fund 501 Equipment Rental
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 51
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Salaries, Wages, & Overtime 519,798$ 469,869$ 49,929$ 90%
Benefits 237,888 205,262 32,626 86%
Supplies 790,900 795,327 (4,427) 100.6%
Services 1,903,717 1,650,395 253,322 86.7%
Land, Structures, Machinery, Equipment 2,297,200 1,421,168 876,032 62%
Transfers Out - Internal Cost Allocation 386,308 354,116 32,192 92%
Total 6,135,811$ 4,896,137$ $ 1,239,674 79.8%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Fleet Replacement Charges 2,294,324$ 2,103,128$ (191,196)$ 91.7%
Fleet Lease Charges 3,526,723 2,645,039 (881,684) 75.0%
Fleet Repair Charges 200,000 184,881 (15,119) 92.4%
Other Income 2,100 3,559 1,459 169.5%
Investment Earnings 40,000 69,139 29,139 172.8%
Sale of Capital Assets 160,000 247,328 87,328 154.6%
Total 6,223,147$ 5,253,074$ $ (970,073)84.4%
% of Year Complete
91.7%
Fund 501 Equipment Rental
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 501 Expenditures and Transfers Out
$4,600
$4,800
$5,000
$5,200
$5,400
$5,600
$5,800
$6,000
$6,200
$6,400
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 501 Revenues
City of Tukwila Monthly Finance Report 52
$%
Salaries, Wages, & Overtime 314,877$ 446,806$ 469,869$ 23,063$ +5.2%
Benefits 160,321 199,276 205,262 5,986 +3.0%
Supplies 725,330 668,684 795,327 126,643 +18.9%
Services 757,630 1,474,796 1,650,395 175,599 +11.9%
Land, Structures, Machinery, Equipment 142,289 130,376 1,421,168 1,290,792 +990.1%
Transfers Out - Internal Cost Allocation 321,189 337,253 354,116 16,863 +5%
Total 2,421,636$ 3,257,191$ 4,896,137$ 1,638,946$ +50.3%
$%
Fleet Replacement Charges 962,977$ 1,137,352$ 2,103,128$ 965,776$ +85%
Fleet Lease Charges 754,289 - 2,645,039 2,645,039 -
Fleet Repair Charges 44,680 209,073 184,881 (24,192) -11.6%
Other Income 85 1,075 3,559 2,484 +231.1%
Investment Earnings 188,665 150,079 69,139 (80,940) -54%
Sale of Capital Assets 353,474 77,017 247,328 170,311 +221%
Total 2,304,170$ 1,574,596$ 5,253,074$ 3,678,478$ +233.6%
Fund 501 Equipment Rental
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
Fund 501 Equipment Rental
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
$- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 501 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 53
Revenues 6,485,454$ 8,302,594$ 78.1%
Expenditures 5,012,508 6,599,439 76.0%
Transfers Out 191,654 209,077 91.7%
Net Revenues Less Expenditures 1,281,292$ 1,494,078$
% of Year Complete
91.7%
Fund 502 Insurance - Active Employees
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 54
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Self Insurance Medical Claims 4,108,327$ 3,162,791$ 945,536$ 77%
Dental Claims 413,306 381,414 31,892 92%
Prescription Claims 1,158,759 1,162,782 (4,023) 100.3%
Vision Claims 21,641 16,103 5,538 74.4%
Stop Loss Reimbursements - (426,159) 426,159 -
TPA Admin Fees 155,034 144,612 10,422 93%
Excess Loss Prem 621,372 526,027 95,345 85%
Contracted Services 100,000 34,999 65,001 35%
Employee Wellness Services 18,000 9,247 8,753 51%
Transfers Out - Internal Cost Allocation 209,077 191,654 17,423 92%
Total 6,805,516$ 5,203,470$ $ 1,602,046 76.5%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Employer Trust Contributions 7,943,114$ 5,911,372$ (2,031,742)$ 74.4%
Employee Voluntary Contributions - 63,194 63,194 -
Employee Mandatory Contributions 311,980 306,257 (5,723) 98.2%
Employee Benefit Program Services - 86 86 -
Investment Earnings 47,500 204,546 157,046 430.6%
Total 8,302,594$ 6,485,455$ $ (1,817,139)78.1%
% of Year Complete
91.7%
Fund 502 Insurance - Active Employees
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 502 Expenditures and Transfers Out
$-
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
$9,000
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 502 Revenues
City of Tukwila Monthly Finance Report 55
$%
Self Insurance Medical Claims 3,365,955$ 3,446,930$ 3,162,791$ (284,139)$ -8.2%
Dental Claims 364,790 344,745 381,414 36,669 +10.6%
Prescription Claims 775,007 914,551 1,162,782 248,231 +27.1%
Vision Claims 15,262 15,153 16,103 950 +6.3%
Stop Loss Reimbursements (86,633) (403,754) (426,159) (22,405) +5.5%
TPA Admin Fees 127,920 141,496 144,612 3,116 +2.2%
Excess Loss Prem 261,902 400,104 526,027 125,923 +31.5%
Employee Wellness Supplies 1,046 594 691 97 +16%
Contracted Services 56,510 56,507 34,999 (21,508) -38%
Employee Wellness Services 2,684 3,395 9,247 5,852 +172%
Transfers Out - Internal Cost Allocation 173,833 182,528 191,654 9,126 +5%
Total 5,058,276$ 5,102,249$ 5,204,161$ 101,912$ +2.0%
$%
Employer Trust Contributions 5,134,475$ 5,643,818$ 5,911,372$ 267,554$ +5%
Employee Voluntary Contributions 60,776 35,082 63,194 28,112 +80.1%
Employee Mandatory Contributions 77,725 150,662 306,257 155,595 +103.3%
Employee Benefit Program Services - - 86 86 -
Investment Earnings 185,894 205,487 204,546 (941) -0%
Total 5,458,870$ 6,035,049$ 6,485,455$ 450,406$ +7.5%
Fund 502 Insurance - Active Employees
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
Fund 502 Insurance - Active Employees
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
$- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 502 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 56
Revenues 376,922$ 546,347$ 69.0%
Transfers In 300,000 - -
Expenditures 374,866 588,766 63.7%
Transfers Out 12,776 13,938 91.7%
Net Revenues Less Expenditures 289,280$ (56,357)$
% of Year Complete
91.7%
Fund 503 Insurance - LEOFF I Retirees
Overview
2025 through
November 2025 Total Budget Budget Variance
% of Annual Budget
City of Tukwila Monthly Finance Report 57
Category 2025 Total Budget 2025 Expenses
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Self Insurance Medical Claims 150,000$ 61,329$ 88,671$ 41%
Dental Claims 32,931 37,664 (4,733) 114%
Prescription Claims 169,644 134,806 34,838 79.5%
Vision Claims 4,419 3,682 737 83.3%
TPA Admin Fees 12,612 13,407 (795) 106%
Excess Loss Premium 24,160 21,757 2,403 90%
Long Term Care 115,000 80,420 34,580 70%
Out of Pocket 75,000 3,358 71,642 4%
Medicare Plan B - 18,442 (18,442) -
Contracted Services 5,000 - 5,000 0%
Transfers Out - Internal Cost Allocation 13,938 12,776 1,162 92%
Total 602,704$ 387,641$ $ 215,063 64.3%
% of Year Complete
91.7%
Category 2025 Total Budget 2025 Revenues
through November
Budget Variance
(Unfavorable) / Favorable
Budget Variance
% of Annual Budget
Employer Trust Contributions 545,833$ 375,717$ (170,116)$ 68.8%
Investment Earnings 514 1,206 692 234.6%
Transfer In From General Fund - 300,000 300,000 -
Total 546,347$ 676,923$ $ 130,576 123.9%
% of Year Complete
91.7%
Fund 503 Insurance - LEOFF I Retirees
Expenditures and Transfers Out by Category
Revenues and Transfers In by Category
$-
$100
$200
$300
$400
$500
$600
$700
2025 Expenditures YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 503 Expenditures and Transfers Out
$-
$100
$200
$300
$400
$500
$600
$700
$800
2025 Revenues YTD 2025 Total Budget
Th
o
u
s
a
n
d
s
Fund 503 Revenues
City of Tukwila Monthly Finance Report 58
$%
Self Insurance Medical Claims 69,346$ 50,803$ 61,329$ 10,526$ +20.7%
Dental Claims 29,195 26,652 37,664 11,012 +41.3%
Prescription Claims 139,334 131,840 134,806 2,966 +2.2%
Vision Claims 2,889 20,122 3,682 (16,440) -81.7%
TPA Admin Fees 14,587 14,497 13,407 (1,090) -7.5%
Excess Loss Premium 47,855 16,045 21,757 5,712 +35.6%
Long Term Care 74,494 87,098 80,420 (6,678) -7.7%
Out of Pocket 1,797 8,785 3,358 (5,427) -62%
Medicare Plan B 33,406 22,890 18,442 (4,448) -19%
Contracted Services - 2,000 - (2,000) -100%
Transfers Out - Internal Cost Allocation 11,594 12,168 12,776 608 +5%
Total 424,497$ 392,900$ 387,641$ (5,259)$ -1.3%
$%
Employer Trust Contributions 293,013$ 323,057$ 375,717$ 52,660$ +16%
Investment Earnings 6,681 3,696 1,206 (2,490) -67.4%
Transfer In From General Fund - - 300,000 300,000 -
Total 299,694$ 326,753$ 676,923$ 350,170$ +107.2%
Fund 503 Insurance - LEOFF I Retirees
Year-to-Year Expenditures & Transfers Out by Category
Category 2023 Expenses
through November
2024 Expenses
through November
2025 Expenses
through November
2025 vs 2024
Fund 503 Insurance - LEOFF I Retirees
Year-to-Year Revenues and Transfers In by Category
Category 2023 Revenues
through November
2024 Revenues
through November
2025 Revenues
through November
2025 vs 2024
$- $100 $200 $300 $400 $500 $600 $700 $800
Revenues and Transfers In
Expenditures and Transfers Out
Thousands
Fund 503 Prior Year Comparisons YTD
2023
2024
2025
City of Tukwila Monthly Finance Report 59
Fund Name
2025 Beginning
Fund Balance
2025 Actual &
Estimated
Revenues
Total Actual &
Estimated
Expenditures/
Expenses
2025
Projected
Ending Fund
Balance
General Fund*24,722,225$ 81,622,663 75,803,005$ 30,541,883$
Special Revenue Funds
Hotel Motel Tax 3,728,106 924,747 411,098 4,241,755
Arterial Streets 7,326,170 6,467,194 3,835,155 9,958,209
Drug Seizure Fund 436,912 15,814 73,000 379,726
Capital Project Funds
Residential streets 1,770,619 313,928 95,977 1,988,570
Land Acq, Rec, & Parks Imps 4,359,134 1,674,635 1,302,502 4,731,267
General Gov't Imps 41,694 337,739 333,615 45,818
Fire Improvement - 96,883 96,883 -
Public Safety 1,617,834 729,574 1,090,055 1,257,353
City Facilities 989,887 776,102 297,754 1,468,235
Enterprise Funds
Water Fund**4,548,131 8,748,857 9,358,633 3,938,355
Sewer Fund**13,900,117 11,894,746 12,692,261 13,102,602
Golf Course**1,695,891 2,953,581 2,597,982 2,051,490
SSWM Fund**13,081,527 10,525,834 8,738,691 14,868,670
Internal Service Funds
Equipment Rental**1,931,334 5,253,074 5,194,278 1,990,130
Insurance - Active 3,454,472 6,485,455 5,686,395 4,253,532
LEOFF 1 Retirees (58,262) 876,923 424,606 394,055
Total All Funds 83,545,791$ 139,697,749$ 128,031,891$ 95,211,649$
*Includes Contingency Fund 105
**Excludes net position restricted for net investment in capital assets and pension.
2025 Estimated Fund Balances
All Funds except Debt Service Funds
(d)
Depository Investment
Type
Maturity
Date Balance Current
Rate
Annualized
Return
CASH & CASH EQUIVALENTS
US Bank Operating Cash Depository (b)5,807,376 0.54%31,360 (e)
Washington State Treasurer LGIP Investment Pool (b)79,358,682 4.01%3,181,966 (f)
Columbia (Umpqua) Bank Money Market (b)17,792,583 4.28%761,523 (f)
Total Cash & Cash Equivalents 102,958,642 3.86%3,974,848 (g)
(a)(c)
Agency / Issuer Rating Investment
Type
Purchase
Date
Maturity
Date
Term
Yrs.Face Value Yield to
Maturity
Annualized
Return
INVESTMENTS
Agencies
Federal Home Loan Bank Aaa US agency 02/2021 02/2026 0.2 1,000,000 0.63%6,250
Federal Farm Credit Bank Aaa US agency 06/2021 06/2026 0.5 1,000,000 0.90%9,000
Federal Home Loan Bank Aaa US agency 11/2021 11/2026 1.0 2,000,000 1.46%29,200
Federal Farm Credit Bank Aaa US agency 03/2022 12/2025 0.0 1,000,000 2.00%20,000
Federal Home Loan Bank Aaa US agency 05/2022 05/2026 0.4 1,000,000 3.38%33,750
Federal Home Loan Bank Aaa US agency 06/2022 06/2027 1.5 1,000,000 3.59%35,900
TOTAL AGENCIES 7,000,000 1.92%134,100
Taxable Municipal Bonds
Metro Oregon GO Taxable AAA LTGO 06/2021 06/2026 0.5 1,000,000 0.83%32,500
King County WA GO Taxable 03/2022 12/2026 1.0 1,000,000 2.33%14,000
Bellevue WA GO Taxable 04/2022 12/2026 1.0 1,000,000 3.12%14,370
TOTAL MUNICIPAL BONDS 3,000,000 2.03%60,870
Total Investments 10,000,000 1.95%194,970
TOTAL PROJECTED CASH, CASH EQUIVALENTS & INVESTMENTS 112,958,642$ 3.69%4,169,818$
Current Portfolio Yield
(a) Term is calculated to final maturity or call date if bond has been called.
(b) No fixed maturity, funds are available within one day.
(c) Yield to Maturity represents average rate for the year for various investment vehicles.
(d) Annualized return represents annual earnings at current rate.
(e) Represents earning credit from US Bank. City earned interest up to the amount of fees.
(f) Current rate reflects most recent interest rate for each depository account.
(g) Represents annual earnings, assuming no changes in the Market. Actual earnings
to date are $2,547,254
CITY OF TUKWILA
CASH & INVESTMENT REPORT
November 30, 2025
Cash and Investment Details
Cash, 5%
LGIP, 70%
Money
Market, 16%
Agencies,
6%
Municipal
Bonds, 3%
Current Portfolio Allocation
Cash & Investments
Portfolio
Amount
Available
Within 1 Year
Available
Within 5 Years
Funds immediately available - US Bank, State
LGIP, Money market 102,958,642$ 102,958,642$ 102,958,642$
Fixed Maturity Investments, maturing in:
0-90 days after Report Date 2,000,000
91-180 days after Report Date 1,000,000
181-270 days after Report Date 2,000,000
271-360 days after Report Date 2,000,000
Total Investments maturing in 1 year or less 7,000,000 7,000,000 7,000,000
Investments maturing in more than 1 year and
less than 10 years.3,000,000 3,000,000
Total Cash & Investments 112,958,642$ 109,958,642$ 112,958,642$
97%100%
Portfolio POLICY Policy
Financial Institution Diversification Amount % of Total MAXIMUM Met?
US Bank 5,807,376$ 5.1%insured by PDPC Yes
Columbia (Umpquah) Bank 17,792,583 15.8%20%Yes
State LGIP 79,358,682 70.3%100.0%Yes
Investments in US Government and other non-
financial institutions 10,000,000 8.9%varies see below Yes
Total 112,958,642$ 100.0%
Portfolio POLICY Policy
Investment Mix Amount % of Total MAXIMUM Met?
Depository (USBank)5,807,376 5.1%insured by PDPC Yes
State Investment Pool 79,358,682 70.3%100%Yes
Umpquah 17,792,583 15.8%insured by PDPC Yes
US Agency 7,000,000 6.2%100%Yes
Municipal Bonds 3,000,000 2.7%30%Yes
Total 112,958,642 100.0%
Weighted Average Maturities:Years Performance Analysis
Funds Immediately Available 0.0 Current portfolio yield 3.691%
Government Agency bonds 0.7
Municipal bonds 0.8 Benchmarks:
Total WAM 0.1 2 year treasury 3.502%
3 year treasury 3.493%
POLICY MAXIMUM 2.0 5 year treasury 3.603%
Policy Met?Yes
Note: Funds immediately available are not factored into the Portfolio
Investments weighted average maturity.
CITY OF TUKWILA
Policy Compliance & Liquidity Analysis
CASH & INVESTMENT REPORT
November 30, 2025
As of Report Date