HomeMy WebLinkAboutCOW 2013-05-28 Item 2B - Powerpoint Presentation Shown at Meeting - 2012 Financial ReportCity of Tukwila
Overview of 2012 Financial
Results
May 28, 2013
May 28, 2013 City of Tukwila Committee of the Whole 1
y Council Meeting
City -Wide Fund Balances, December 31, 2012
$50
$45
U,
0 $40
2 $35
$30
$25
$20
$15
$10
$5
$-
M
$10
$10
2011
Actual
General Fund
2012
Actual
Arterial Street
2012
Budget
Other Governmental Funds
Enterprise Funds Internal Service Funds
May 28, 2013
City of Tukwila Committee of the Whole
Council Meeting
2
Charge for
Services, other
$6.3
12%
Intergovern-
mental
$4.8
9%
Other Taxes
$6.3
12%
2012 Actual
General Fund Revenues
in millions
Utility taxes,
$4
8%
Total
Revenue
$51M
95% of
Budget
May 28 2013 City of Tukwila Committee of the Whole 3
y Council Meeting
Cho
General Fund Revenue
Budget Variances
in Thousands
N $1,000
Sales and use tax, Intergovernmental
rti
ill
$800 $626 $666
0 4% 16%
1-
$600
$400
$200
$-
$(200)
$ (400)
$(600)
$(800)
$(1,000)
$(1,200)
$(1,400)
$(1,600)
$(1,800)
Property -tax,
$(38)
-v 70
Net Under
Budget
$(2.7)M
-5%
Othcr Taxcs
$(467)
Utility taxes,
$(839)
-17%
-7%
Bond proceeds,
property sales,
$ (-1,773)
-100%
rges for Services,
other
$(887)
-12%
May 28 2013 city of IuKwila committee of the Whole 4
y Council Meeting
Thousands
$1,300
$1,200
$1,100
$1,000
$900
$800
$700
$600
$500
$400
$300
$200
$100
$-
$(100)
$(200)
$(300)
$(400)
$(500)
Property tax,
$403
3%
Sales and use to
$(440)
-3%
General Fund Revenue
Actual Year Over Year
in Thousands
Other Taxes
$1,284
25%
Utility taxes,
$(51)
-1%
Net Increase
$886
1.77%
L
Intergovernmental
$352
1%
arges for Service,
Other
($365)
-5%
May 28, 2013 City of Tukwila Committee of the Whole 5
y Council Meeting
INTERGOVERN-
MENTAL,
$2
4%
PROFESSIONAL
SERVICES,
$8
16%
TRANSFERS /MPD
LOAN,
$6
12%
2012 Actual
General Fund Expenditures
in millions
SUPPLIES AND
CAPITAL,
$1
3%
May 28, 2013
City ot Iukwila Committee ot the Whole
Council Meeting
2012 Total
$50.9M
92% of budget
6
- $250
-$500
- $750
- $1,000
- $1,250
- $1,500
- $1,750
- $2,000
- $2,250
- $2,500
- $2,750
- $3,000
- $3,250
- $3,500
SALARIES,
$(91)
-0%
General Fund Expenditures
Budget Variances
in thousands
BENEFITS,
SUPPI IFS,
CAPITAL
$(131)
-9%
$(790)
9%
PROFESSIONAL
SERVICES
$(390)
-5%
N-TCnl -] O V MENTAL,
$(98)
-5%
Total Variance
$(4.58)M
-8%
TRANSFERS,
MPD LOAN
-33%
May 28, 2013 City of Tukwila Committee of the Whole
y Council Meeting
$1,450
$1,200
$950
$700
$450
$200
-$50
- $300
- $550
- $800
- $1,050
- $1,300
SALARIES,
$1,403
6%
General Fund Expenditures
Actual Year Over Year Change
in thousands
NET INCREASE
$926
1.85%
BENEFITS,
$258
3.4%
PROFESSIONAL
SERVICES,
$461
6%
SUPPLIES
AND CAPITAL,
$3
0%
- TRANSFERSJLMPD LOAN,
$(196)
(3 %)
INTERGOVERNMENTAL,
$(1,004)
(34 %)
May 28 2013 City of Tukwila Committee of the Whole 8
y Council Meeting
Thousands
15,000
14,000
13,000
12,000
11,000
10,000
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
Departmental Expenditures -- Budget to Actual
98% L
■
• Budgeted
• Expended
93%
93%
imr
93%
90%
88%
93%
i
99%
92%
96%
��P �0� �QP � CEO QO
N 7,000
a
N 6,000
0
E 5,000
4,000
Revenue,
$5,354
Revenue,
$6,610
Expense,
$5,259
Change,
$95
Water
Expense,
$6,297
Change,
$312
Sewer
BUDGET VARIANCES
Surface Golf
Fund Water Sewer Water Course
Revenue 3.3% 19.7% 3.8% -12.6%
Expense -18.6% -5.9% -20.0% -32.0%
Enterprise Funds
in thousands
Revenue,
$3,855
Expense,
$3,649
Change,
$206
Surface Water
City of Tukwila Committee of the Whole
May 28, 2013 Council Meeting
r
Revenue,
$1,674
Expense,
$1,410
UM,/
Change,
$263
Golf Course
May 28, 2013
Q &A
The City of opportunity,
the community of choice.
City of Tukwila Committee of the Whole
Council Meeting