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2022-08-09 City Council - Full FIN Agenda-32421. Op E D o Agenda Edmonds City Council tnl. }nyo FINANCE COMMITTEE CITY COUNCIL CONFERENCE ROOM 121 - 5TH AVENUE N, EDMONDS, WA 98020 AUGUST 9, 2022, 5:30 PM COUNCIL COMMITTEE MEETINGS ARE WORK SESSIONS FOR THE COUNCIL AND CITY STAFF. COMMITTEE MEETING AGENDAS DO NOT INCLUDE AUDIENCE COMMENTS OR PUBLIC HEARINGS. PERSONS WISHING TO ATTEND THIS MEETING VIRTUALLY IN LIEU OF IN -PERSON ATTENDANCE CAN CLICK ON OR PASTE THE FOLLOWING ZOOM MEETING LINK INTO A WEB BROWSER USING A COMPUTER OR SMART PHONE: HTTPS://ZOOM. US/J/95798484261 OR JOIN BY DIAL -UP PHONE: US: +1 253 215 8782 WEBINAR ID: 957 9848 4261 STAFF AND COUNCILMEMBERS ATTEND COMMITTEE MEETINGS VIRTUALLY, AND MEMBERS OF THE PUBLIC ARE ENCOURAGED TO ATTEND THE SAME WAY. IF MEMBERS OF THE PUBLIC CANNOT ACCESS THE VIRTUAL COMMITTEE MEETINGS WITH THEIR PERSONAL DEVICES, A MONITOR IS PROVIDED ON CITY COUNCIL COMMITTEE NIGHTS FROM 430- 930 PM AT THE CITY COUNCIL CONFERENCE ROOM AT 150 5TH AVE N, EDMONDS WA. COMMITTEE MEMBERS: DIANE BUCKSHNIS (CHAIR), WILL CHEN, COUNCIL PRESIDENT (EX-OFFICIO MEMBER) CALL TO ORDER COMMITTEE BUSINESS 1. Clean Building Act Investment Grade Audit - Frances Anderson Center (10 min) 2. Waterfront Center Loan Update Chris Wolfe, Daniel Johnson (15 min) 3. Employee Expense Reimbursement Policy (20 min) 4. Monthly Financial Report (20 min) ADJOURN Edmonds City Council Agenda August 9, 2022 Page 1 2.1 City Council Agenda Item Meeting Date: 08/9/2022 Clean Building Act Investment Grade Audit - Frances Anderson Center Staff Lead: Thom Sullivan, Facilities Manager - Department of Public Works Department: Public Works & Utilities Preparer: Royce Napolitino Background/History Clean buildings are essential to meeting our state energy goals. In 2019 the Clean Buildings bill was signed into law and later expanded in 2022. The objective is to lower costs and pollution from fossil fuel consumption in the state's existing buildings. The law directed Commerce to develop and implement an energy performance standard for covered buildings, and the expansion now includes multifamily buildings. The law also provides incentives to encourage building owners to make energy efficiency improvements earlier than required. Buildings over 50,000 square feet will be required to meet these requirements by 2028 with two prior years of Energy Use Intensity compliance verification. Staff Recommendation Approve Investment Grade Audit with ESCO Contractor McKinstry for $93,900 for design and compliance of the Frances Anderson HVAC System Narrative We propose renovation of the Frances Anderson Center HVAC system. This includes replacing two large gas -heated boilers to a modern all -electric variable refrigerant system. This system would supply the building with forced air heating and cooling, as well as mechanical ventilation separate from the heating and cooling system. This proposal outlines the building's pathway to compliance with divestment from fossil fuels while increasing the buildings resilience to climate change. With year round space conditioning, the Parks department would be better positioned to serve the public with regulated air temperatures and filtered air ventilation. Staff recommends that funding for the Investment Grade Audit come from the 2020 Bond dollars that were allocated for facilities deferred maintenance in Fund 016. Attachments: City of Edmonds - FAC HVAC IGA Proposal_08-02-22 Packet Pg. 2 2.1.a try ito Of Your Building August 2nd, 2022 To: Thom Sullivan, Facilities Manager, City of Edmonds Cc: Novella Randall - Energy Engineer; Department of Enterprise Services From: Andrew Williamson - Municipal Business Manager; McKinstry Project: Frances Anderson Center (FAC) HVAC Upgrade Subject: Investment Grade Audit Proposal Dear Mr. Sullivan: The Frances Anderson Center is a pivotal recreation and cultural facility in the City of Edmonds. It also has a historical significance. The City is interested in upgrading the building's HVAC system to provide improved occupant comfort and experience. The City would like this upgrade to enhance the energy efficiency and operation of the City buildings through a performance -based contract with McKinstry. This proposal will provide the guidelines for which McKinstry will provide the following tasks: 1. Conduct an Investment Grade Audit of the HVAC system at the Frances Anderson Center (700 Main St, Edmonds, WA 98020) 2. Develop a comprehensive Energy Services Proposal for upgrading the HVAC System. INVESTMENT GRADE AUDIT (IGA): The audit will be a collaborative effort with City of Edmonds and the Washington State Department of Enterprise Services (DES). It will identify and analyze performance -based contracting measures along with their associated savings, costs, and potential for utility rebates and grants. The final deliverable of the IGA will be an Energy Services Proposal (ESP) for implementation of viable initiatives with associated energy cost savings. The following scope of work is included: ✓ Preliminary evaluation of the building's existing electrical infrastructure's available capacity. ✓ Identify and document existing HVAC system and its operation. ✓ Code review. ✓ Preliminary Load Analysis to establish new system's capacity and system alternatives. ✓ Preliminary system selection, zoning and sizing. ✓ Evaluation of Clean Building Performance Standard compliance for the proposed system. ✓ Preliminary Structural review to confirm installation pf new system components. ✓ Review existing good faith surveys, identify and communicate any data gaps to the City ✓ Initiate discussion with local AHJ for clarifications etc as necessary. REQUESTED INFORMATION: For effective execution of this proposal we ask that the City of Edmonds provide access to the following: ✓ Good Faith Survey for the building in scope. ✓ Historical utility bills for the last 60 months. ✓ All mechanical, electrical, architectural, structural and building controls drawings. ✓ Access to Building Automation System (BAS). ✓ All operational and maintenance manuals, balancing records, & specifications. ✓ Operational records related to the cost of maintaining specific equipment. ✓ Information with regards to any on -going maintenance contracts. ✓ Access to individuals that have relevant information pertaining to the day-to-day operation of energy using systems on site. 5005 Third Avenue South * Seattle, WA * 98124-0567 * 206.762.3311 * Fax 206.762.2624 Packet Pg. 3 2.1.a try ife Ol Your Building Page 2 TIMELINE AND MILESTONES: McKinstry will initiate this scope of work immediately upon acceptance of this proposal and establishment of a professional services agreement based on McKinstry's existing master agreement with the Department of Enterprise Services (DES). Formal progress review meetings will be conducted regularly throughout the study phase. During these review meetings, McKinstry will recommend measures based on the analysis, while the City of Edmonds and DES will provide final direction regarding recommended measures. The goal of these review meetings is to focus engineering efforts, budgeting, and savings assessment on those solutions that possess a high probability for implementation. McKinstry will target completion of the IGA within 105 calendar days of a notice to proceed. CRITERIA FOR IMPLEMENTATION: It Is the City of Edmonds's intent that McKinstry will implement all approved projects that meet the following criteria. ✓ Facility Improvement Measures shall be life cycle cost effective as an aggregate using the Office of Financial Management (OFM) life cycle cost model tool. ✓ Not more than 90% of the energy cost savings may be used to help repay a loan, if applicable. ✓ McKinstry will work with the clients' utilities and other entities to secure conservation grant funding or low interest loans for applicable measures. ✓ Client may list favorable subs and equipment Investment Grade Audit Fee: The City of Edmonds will reimburse McKinstry for a lump sum of $86,000 for this scope of work. All fees assessed under this proposal will be included in the final project implementation costs. In the event that McKinstry is unable to recommend projects that meet the criteria above, the City of Edmonds has no financial obligation to McKinstry. However, if the recommendations meet or exceed the Criteria for Implementation and the City of Edmonds chooses not to enter into an agreement with McKinstry to install the projects, the City of Edmonds will reimburse McKinstry for the Investment Grade Audit fee. All associated information, including deliverables, will become the property of the City of Edmonds upon final receipt of payment. Deliverables are listed in attachment (A). We look forward to working with the City of Edmonds and DES on a successful project. Please call should you have any questions. ": �/, " o �� � Andrew Williamson, LEED AP McKinstry Energy Services Account Executive 206.491.7117 5005 Third Avenue South * Seattle, WA * 98124-0567 * 206.762.3311 * Fax 206.762.2624 Packet Pg. 4 2.1.a try ife Ol Your Building Attachment A Investment Grade Audit Deliverables The Investment Grade Audit for the City of Edmonds Frances Anderson Center will include the following elements: Page 3 1. A description of the systems which shall receive new Equipment and Services; 2. The cost-effective Facility Improvement Measures (FIMs) to be installed or caused to be installed by McKinstry and a description of the FIMs analyzed but disqualified under the cost effectiveness criteria; 3. A description of the services that McKinstry will perform or cause to be performed on or in the infrastructure, including but not limited to engineering, construction management, the operations and maintenance procedures for use on Equipment, training for personnel, warranty service provided, and equipment maintenance provided; 4. The Maximum Allowable Project Cost, itemized in detail, which may be amended to represent actual costs; 5. Recommendations for replacement of existing equipment, along with recommendations for improvements to existing equipment and operating conditions; 6. The service standards appropriate for the infrastructure; 7. The baseline energy consumption, including the data, methodology and variables used to compute the baseline, and the baseline calendar period which shall not be less than twelve (12) months; 8. The estimated energy savings and energy cost savings that are expected to result from the installation of the Equipment and from the Services, and an explanation of the method used to make the estimate; 9. The method by which Energy Savings and Energy Cost Savings will be calculated during the term of the Energy Services Agreement; 10. A description of how project financing (if allowed by the client) will be completed; 11. A description of how the Energy Savings will be guaranteed by McKinstry; 12. A description of how McKinstry proposes to be compensated; 13. The term of the Energy Services Authorization; 14. The Termination Value for each year during the term of the Energy Services Authorization; 15. The schedule for project completion; 16. The nature and extent of the Work and equipment that ESCO anticipates it will receive from other firms under subcontract. 5005 Third Avenue South * Seattle, WA * 98124-0567 * 206.762.3311 * Fax 206.762.2624 Packet Pg. 5 2.2 City Council Agenda Item Meeting Date: 08/9/2022 Waterfront Center Loan Update Chris Wolfe, Daniel Johnson Staff Lead: Dave Turley Department: Administrative Services Preparer: Dave Turley Background/History The Waterfront Center took out a loan from First Financial Northwest Bank for approximately $2 million to enable them to complete construction on the Center. In order to help them secure this loan, the City placed a Certificate of Deposit with FFNB as collateral. The Waterfront Center has been paying back the loan over time. This is an opportunity for Waterfront Center representatives to share the progress they have made on the loan, and give the City an idea of how long they anticipate it will take them to pay the loan off in full. Staff Recommendation No recommendation, informational only. This information will assist staff in having a better understanding of future City cash flows. Narrative N/A Packet Pg. 6 2.3 City Council Agenda Item Meeting Date: 08/9/2022 Employee Expense Reimbursement Policy Staff Lead: Dave Turley Department: Administrative Services Preparer: Dave Turley Background/History The Administrative Services Department works with the Finance Committee to update and improve Finance policies. We would like to bring these updates to the Expense Reimbursement Policy to Committee for discussion. Staff Recommendation No final action tonight, staff recommendation is to discuss and make suggestions for improvement. An updated version will be brought back to a future committee meeting, hopefully for final approval at that time. Attachments: Employee Expense Reimbursement Policy Packet Pg. 7 2.3.a City of Edmonds Employee Expenses, Volunteer Recognition and Reimbursements Policy 2022 V 0 a r c as E a� L E .N� LPL N C d Q X W 0 Q W ci 0 (L c E 0) U) L E U) Q K W 0 Q E W 0 0 E M U 2 Y Y Q Packet Pg. 8 2.3.a City of Edmonds Employee Expenses, Volunteer Recognition and Reimbursement Policy EMPLOYEE EXPENSES. VOLUNTEER RECOGNITION, AND REIMBURSEMENTS General Reimbursement Policy The City of Edmonds reimburses its employees and eleeted er appeinted effiei for reasonable expenses incurred conducting City business providing the expenses are prudent and directly related to the individual's service on behalf of the City. The City of Edmonds is best served by the active participation of community citizens as volunteers. Volunteers learn more about their City and contribution to its effectiveness, thereby fostering increased cooperation and understanding. Administration The Finance Director administers the reimbursement program, designs and distributes forms and instruction and carries responsibility for review of claims. Claims will not be allowed without a detailed account of monies spent certified by the individual making the claim, ^^�� State nudit, vr. Documentation Claims for personal reimbursement must be made on official Employee Claim for Expenses form, be accompanied by the vendor's or-iginal-Invoice, receipt or bankcard charge slip showing the date, vendor imprinted -name, amount paid and items/services received, and must be ^ -44fiea eei*eet ^^a signed by the individual seeking reimbursement. Should a receipt be lost or not be obtainable, an employee must fill out a Lost Receipt form and attach to the Claim for Expenses signed by his/her Department Head (or Mayor if the employee is a Department Head). This will serve as a substitute for a receipt. In addition to the documentation above, claims for meals that feed others require the following documentation: 1. The names of the individuals being hosted 2. Their official title or capacity as it relateds to City business 3. The nature of the topics discussed, nature of the occasion, what public purpose or policy was being served (and/or copy of agenda) Reimbursement is sSubject to budget beins available for the event, and preapproval by the Mayor for staff -sponsored events, ^d by ,. he r. neil President f m., _ mote:, ^Spesareaand even4s. Employee claims for expenses must be signed by department heads, or in his/her absence, by his/her designee. Department head or acting department head claims must be signed by the Mayor. r,.unei1 member expenses must be signed by the r,.unei1 President Whenever possible, City expenses should be paid for using City funds. At times, however, an employee or eleeted ,true;^, may find it expedient or necessary to pay for an expenditure out of their own pocket and seek reimbursement from the City afterwards. When this occurs, the employee ^r eleetea ^r -ei-a should Formatted: Indent: Left: 0.25' E Q Packet Pg. 9 2.3.a City of Edmonds Employee Expenses, Volunteer Recognition and Reimbursement Policy obtain pre -approval for the expenditure, before usingtheir personal funds. If such pre -approval was not obtained, approval after -the -fact is at the sole discretion of their Supervisor, Department Director or Mayor, ^r Cotmeil PresidefA whichever applies. All Employee claims should be submitted in a timely manner; within 30-60 days. Ne ..ei fflbt ffse..,erequests will be autho-ii-modd f-or any e?qwnses taking plaeo in a previous budget year-. . Q Packet Pg. 10 2.3.a City of Edmonds Employee Expenses, Volunteer Recognition and Reimbursement Policy Food and Beverage v There is no state law explieitly authorizing eities to pay for food and beverages with ptiblie funds-. O IL Laeking a law, the responsibility is plaeed on the leeal eity to detefmine its pahey far- paying fer fe c m and bevef ages for- employees. E Based on ^ ^.,a.,4ion, from the State udit,.rl. nrr ^^ •The City uses the following guidelines m in determining the use of public funds for expenditures for food and beverages: 1. Who consumed this food and drink? E 2. What was the nature of the occasion for the consumption? 3. What public purpose or policy objective was served? d 4. M4iy was it neeessar., to e ^ food and beverage to e out the pokey? M c 5:4. Were the expenses "reasonable"? m 6-.5. Were the expenses consistent with the policy authorizing reimbursement? K W The city must also consider Internal Revenue Service regulations covering the income tax (, consequences of providing food and beverages to employees. Payment for food and beverage O expenses that meet the IRS non-taxable criteria will be made through Accounts Payable. Payment for a food and beverage expenses that do not meet the IRS non-taxable criteria will be made through E W Payroll and taxed at the current IRS rate. 2 General IRS Meal Reimbursement Regulations (See following sections for specific examples) d Please note that reimbursement for out-of-town travel is covered by ECC 2.25.050, Travel Authorization and Expense Reimbursement Policies The following food and beverage expenses qualify as non-taxable under the IRS code and will be m L reimbursed through Accounts Payable. O 1. Meals consumed while traveling on city business. To qualify as travel the employee must E travel a distance of 40 miles or more from Edmonds and stay overnight. 2. Business meals between city employees and non -city employees that can reasonably be expected to bring a specific business benefit to the city, loeating in Edmonds). These meals would bpieally involve the Mayor- and business people c d seeking to ifiefease business in-E^^a^ Restaurant meals with current or potential city Q- suppliers (vendors/contractors/consultants, etc.) would not qualify under this category. W 3. Meal expenses directly related to and necessary for attending business meetings or m conventions of organizations directly related to city business. These organizations include C chambers of commerce, business leagues and trade or professional organizations such as the O. American Planning Association, American Public Works Association, etc. E 4. Meals provided by the city that meet the following three criteria: W a. The meal must be brought to the employee; cash may not be given to the employee to buy a meal. E b. The meal must be provided at the city's business premises. This may include temporary work sites, such as a rented -hotel conference room, if business is conducted there. Ppblie v r Q Packet Pg. 11 2.3.a City of Edmonds Employee Expenses, Volunteer Recognition and Reimbursement Policy c. The meal must be provided for the city's convenience and have a sound business justification. Examples include: i. Meals furnished during work hours so employees are available for emergency calls during the meal. Evidence must be provided that an emergency occurred. ii. Meals delivered to the office at a group meeting that spans a mealtime a ^rm the The following food and beverage expenses are taxable under the IRS code and will be reimbursed through Payroll. 1. Meals consumed while attending local training sessions/classes. Local training means training that does not qualify for travel by being 40 miles or more from the city and requiring an overnight stay. 2. Meals consumed while transporting city or non -city participants to recreation programs. 3. Meals between city employees and/or non -city employees off the city premises that otherwise qualify for reimbursement under city policy. 4. Meals consumed while transporting and/or chaperoning city or non -city participants to city sponsored Parks and Recreation programs or events where paid staff are required for safety and supervision. Examples include, but are not limited to, programs or events at restaurants for senior participants. Claims for taxable meal reimbursements must be submitted to Payroll on an Employee v Reimbursement form. Meal reimbursements are included in the employee's regular paycheck. a Retreats/Meetings/Training d Couneil Retreats Executive Team Retreats/Department Retreats to determine goals and E m objectives for the department/City: The reasonable cost of necessary food and beverages while L conducting a C4y-retreat is authorized for reimbursement. Eaeh depai4ment "^" h^'""i*^a to one 3 Fetmat peter. Non -taxable -paid through Accounts Payable E City Sponsored Training/Staff Meetings: the general rule is that meals and snacks are not W reimbursable and are to be purchased by those individuals attending. However, the City will pay y reasonable cost of beverages. Non-taxable under the IRS De Minimis meals category paid through y Accounts Payable. Q- k W Non -City Sponsored Training: The City of Edmonds considers training a necessary and m reasonable cost of maintaining a high level of excellence in the services we provide. The City C ��n..d ^a will pay for reasonable trainings, conferences, and workshops for employees ^-elee Q. rTraining should be approved by an employee's supervisor or Department Director, E and in the ease of Couneil membeFs, should be approved by the Couneil P.residen-t-, prior to LU registration and payment for the event.. ;-- Formatted: Font: Not Italic d Professional Organization Sponsored Training or Seminars/Business Luncheon Meetings: The t City will pay the cost of meals included as part of the registration or purchased separately to be v consumed at meetings held during a meal time. Examples include the Chamber of Commerce, Q Packet Pg. 12 2.3.a City of Edmonds Employee Expenses, Volunteer Recognition and Reimbursement Policy American Planning Association, Snohomish County Clerks & Finance Officers Association, etc. Non-taxable per specific IRS regulation -paid through Accounts Payable Awards/Recognition Service Awards Ceremonies: Expenditures for reasonable refreshments served at the Mayor's Annual City-wide Employee Awards Programs, including luncheon to recognize employees with n 15 and 20 phF years of service and breakfast or lunch to recognize employees selected for service awards. (Limited to one each per year) Non-taxable under the IRS De Minimis meals category - paid through Accounts Payable. Department Head Appreciation Luncheon: Expenditures for reasonable refreshments served at the Annual Department Head Appreciation Luncheon for only City of Edmonds staff and Council members. (Limited to one per year) Non-taxable under the IRS De Minimis meals categorypaid through Accounts Payable. Special Events The City policy is to allow for reimbursement for the costs of reasonable refreshments for publie events such as Open Houses, City Anniversary Celebrations, and hosting delegations from other jurisdictions. Reimbursement requests must be aeeempanied by the publiely published fietiee of t e Non-taxable under the IRS De Minimis meals categorypaid through Accounts Payable. Birthday Celebrations/ Retirement Welcoming Parties: these events are considered private parties and as such represent an inappropriate expenditure of public funds. The cost of any food or beverage or any incidental expenses related to these events (film, flowers, cards, etc.) are not eligible for reimbursements. Retirement Recognition: The City recognizes that it is sometimes appropriate to recognize and Formatted: Font: Bold acknowledge the contribution that employees have made to the City during their career. The City will pay the reasonable cost of food and beverages at such an event. The City may also pay a reasonable cost for providing a service award to the retiring employee, not to exceed $4-200 in value. Normally when an employee retires there are small items that were issued to the employee that must be returned to the city. Examples of this are credit cards, cell phones, office keys, and IPads. Due to the nature of IPads, unless they are essentially brand new, they have no remaining value after an employee retires and the IPads are disposed of. If an IPad is more than a year old and has no useful value or monetary value to the City, rather than being disposed of, any IPad with no value may be given to the retiree. Volunteers: It is the policy of the City of Edmonds to recognize and acknowledge the contribution that volunteers make to the City. The City will pay the reasonable cost for providing service awards, as well as food and beverages, at an annual recognition event..- These are non-taxable to Volunteers. Non-taxable to Mployees if held on city premises and meals are provided paid through Accounts v Q Packet Pg. 13 2.3.a City of Edmonds Employee Expenses, Volunteer Recognition and Reimbursement Policy Payable. Taxable to Employees if held off city premises -employee's meal reimbursement paid through Payroll. Meals Business Meals between City Employees: Meals (including snacks) between City Employees will not normally be reimbursed. It is expected that City Business between City employees can for the most part be conducted on City premises during normal work hours. Working Lunches: the City recognizes that there are occasions when it may be necessary for a group of employees to work through lunch in order to meet a deadline or to keep a group convened in order to accomplish the task. To be considered for reimbursement as a working lunch, the meeting must span over a three hour period which includes the group's normal lunch hour and have approval of the Mayor. Non-taxable if the meal is provided on the citypremises for the convenience of the city - paid through Accounts Payable Business Meals between City Employees and Non -City Employees: the reasonable costs of necessary meals while conducting City Business with persons other than City employees either locally or out of town are authorized for reimbursement. Employees seeking reimbursement for meals of a non -City person must obtain prior approval from the Mayor. The employee's meal is non- taxable if the meal is provided on the city premises for the convenience of the city or the employee is on out of town travel for the city —paid through Accounts Payable. The employee's meal is non- taxable if it meets the IRS test of providing a specific business benefit to the city (normally only the Mayor will qualify in the specific business benefit category) —paid through Accounts Payable. The employee's meal is taxable if the meal is not related to city travel and is eaten off the citypremises paid through Payroll. The meals for the non -city employees are paid through Accounts Payable. Packet Pg. 14 2.4 City Council Agenda Item Meeting Date: 08/9/2022 Monthly Financial Report Staff Lead: Dave Turley Department: Administrative Services Preparer: Dave Turley Background/History Monthly financial report for June, 2022. Staff Recommendation Review financial activity and place report on Consent for following Council meeting. Narrative N/A Attachments: Jan -June 2022 P&L June 2022 Monthly Financial Report Finance Committee Mtg 08_09 Packet Pg. 15 2.4.a GENERAL FUND CHANGES IN FUND BALANCE 2021 2022 2017 2018 2019 2020 2021 (Jan -June) (Jan -June) Beginning Fund Balance 9,841,719 10,273,342 11,233,279 15,552,188 13,868,744 13,868,744 15,931,353 Revenue Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeitures Investment earnings Miscellaneous Operating Revenues Nononeratine Revenues Transfers in Debt proceeds Sale of capital assets Insurance recoveries Total Revenue Expenditures General government Public safety Transportation Economic environment Mental and physical health Culture and recreation Debt service Capital outlay Operating Expenditures Nononeratine Expenditures Transfers out Debt refunding Total Expenditures Prior Period Adjustments Change in position 29,572,203 30,755,578 30,846,665 30,738,452 32,979,704 16,881,848 17,660,679 2,506,800 2,401,855 2,299,972 2,276,861 2,453,186 1,203,207 1,340,224 890,572 1,014,434 1,008,432 1,633,633 1,608,646 938,675 481,432 5,463,913 5,810,961 6,419,836 5,412,044 5,913,557 3,181,196 2,068,027 459,929 616,783 496,093 287,693 272,302 177,919 65,865 154,737 273,228 573,806 265,627 122,241 176,458 139,824 471,675 931,495 587,882 322,816 347,519 147,536 188,450 39,519,829 41,804,334 42,232,686 40,937,126 43,697,155 22,706,839 21,944,502 26,300 75,884 4,793,650 1,535,800 388,547 165,176 13,150 7,143 5,273 - - - - 15,570 - 16,977 - - - 39,553,272 41,901,061 47,026,336 42,489,903 44,085,702 22,872,014 21,957,652 9,714,867 10,288,694 11,565,563 12,514,526 11,850,838 5,907,983 6,415,103 22,228,871 22,585,212 23,036,185 23,759,212 22,765,260 11,951,306 13,083,358 3,600 4,779 5,012 5,012 2,088 1,671 - 1,551,152 1,460,763 1,562,702 1,675,334 1,991,624 874,739 1,045,179 126,791 178,859 164,888 147,957 84,642 31,629 31,392 3,959,731 4,331,806 4,158,397 3,732,644 4,341,658 2,052,897 2,169,413 198,361 197,694 197,967 296,624 60,228 60,087 72,505 90,573 93,105 110,935 835,048 268,885 - 141,537 37,873,946 39,140,912 40,801,649 42,966,358 41,365,223 1,247,703 1,800,212 1,905,778 1,206,990 657,870 20,880,312 22,958,487 234,945 542,500 39,121,649 40,941,124 42,707,427 44,173,348 42,023,093 21,115,256 23,500,987 431,623 959,937 4,318,909 (1,683,445) 2,062,609 1,756,758 (1,543,336) Ending Fund Balance 10,273,342 11,233,279 15,552,188 13,868,744 15,931,353 15,625,502 14,388,018 O O. 2 v c M c IL 21 t c O J a N N O N O C 7 C r C d t t,1 a R:\Finance Committee\2022\Jan-June 2022 P&L 7/28/2022 Packet Pg. 16 I 2.4.b I OF EDP � d lac. 1 $9v CITY OF EDMONDS QUARTERLY BUDGETARY FINANCIAL REPORT JUNE 2022 Packet Pg. 17 1 INVESTMENT PORTFOLIO SUMMARY I 2.4.b I City of Edmonds Investment Portfolio Detail As of June 30, 2022 Years Agency/ Investment Purchase to Par Market Issuer Tvpe Price Maturitv Value Value Energy Northwest Bonds Energy Northwest Bonds Mason & Kitsap Cnty WA Bonds Grant Cnty WA Bonds Grant Cnty WA Bonds Seattle WA Muni Bonds FHLMC Bonds FHLB Bonds First Financial - ECA CD Kent WA Bonds FNMA Bonds Spokane County WA Bonds First Financial - Waterfront Center CD TOTAL SECURITIES Washington State Local Gov't Investment Pool Snohomish County Local Gov't Investment Pool TOTAL PORTFOLIO Maturity Coupon Date Rate 1,466,077 0.00 1,345,000 1,345,000 07/01/22 5.00% 260,748 0.00 250,000 250,000 07/01/22 2.95% 948,084 0.42 855,000 867,415 12/01/22 5.00°% 1,517,955 0.51 1,500,000 1,489,965 01/01/23 1.54% 576,332 0.51 520,000 529,048 01/01/23 5.00% 2,224,500 0.59 2,000,000 2,040,900 02/01/23 5.00% 988,678 0.81 1,000,000 979,596 04/20/23 0.38% 1,996,590 1.27 2,000,000 1,937,612 10/05/23 0.22°% 2,803,516 1.38 2,803,516 2,803,516 11/15/23 2.08% 286,648 1.42 250,000 260,980 12/01/23 5.00% 992,693 2.01 1,000,000 973,649 07/02/24 1.75% 207,260 2.42 200,000 194,528 12/01/24 2.10% 1,575,000 5.34 1,575,000 1,575,000 11/01/27 0.20% 15, 844, 079 1.28 15, 298, 516 15, 247, 209 Seattle WA Issuer Diversification Muni, 13% Kent WA,� 2% Mason & First Kitsap Cnty--,' Financial - WA, 6% CD, 294 Spokane Grant Cnty County WA, 13% FHLB, WA, 1% Energy 13% Northwest, 10% FNMA, 7% FHLMC, 7% 18,334,716 18,334,716 Demand 1.01 % 42,793,517 42,793,517 Demand 1.28% $ 76,426,749 $ 76,375,442 Bonds, Cash and Investment Balances Checki ng, $10.9, 13% (in $ Millions) $5.3 , 79/c CD's, i� $4.4 , 5% County LGIP, $42.8, 52% State LGIP, $18.3, 23% E O CL d to C R C LL >4 z C O O N O C C LL A L r C O 2 tV tV O N N C 3 7 r C a� E s= Q 1 Packet Pg. 18 1 I 2.4.b I INVESTMENT PORTFOLIO SUMMARY Annual Interest Income $1,400, 000 $1,236,875 $1,200, 000 $1,000,000 $882556 947 931 $950,684 $800,000 $635,781 $600,000 476,273 $400,000 $200,000 - INV $- 2017 2018 201 2020 2021 YTD 2022 2 Packet Pg. 19 2 GENERAL FUND SUMMARY General Fund Revenues and Expenses (Rolling 24 months) General Fund Revenues General Fund Expenses 10,000, 000 — 9,000,000 8,000,000 + ; , 7,000, 000 • 6,000,000 • • 5,000,000 • 4,000, 000 3,000,000 2,000, 000 1,000, 000 July October January April July October January April General Fund Tax Revenue (2016 through 2021) Sales Tax Property Tax EMS Tax Other Taxes 12,000, 000 10,000, 000 8,000, 000 6,000,000 4,000, 000 2,000,000 2016 2017 2018 2019 2020 2021 General Fund Tax Revenue (2022 YTD) 7,000,000 6,500,000 6,000,000 5 797 199 5,500, 000 5 402 133 5,000,000 4,500,000 4,000, 000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 — Sales Tax Property Tax EMS Tax Other Taxes L 0 a m 2 v C 0 c ii z c 0 L 0 m �a .v C C ii A t r C 0 2 N N 0 N 0 C 7 a+ a� E U M .r Q 3 I Packet Pg. 20 I 2.4.b I City of Edmonds, WA Monthly Revenue Summary -General Fund 2022 General Fund Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals % January $ 2,486,429 $ 2,486,429 $ 2,291,020 -7.86% February 4,917,170 2,430,740 4,711,093 -4.19% March 7,380,020 2,462,851 7,394,990 0.20% April 10,516,012 3,135,992 10,451,247 -0.62% May 19,357,334 8,841,322 19,394,416 0.19% June 21,935,611 2,578,276 21,957,652 0.10% July 24,465,539 2,529,929 August 27,084,819 2,619,280 September 29,465,113 2,380,294 October 33,512,944 4,047,830 November 42,090,496 8,577,552 December 44,640,708 2,550,212 City of Edmonds, WA Monthly Revenue Summary -Real Estate Excise Tax 2022 Real Estate Excise Tax 1 & 2 Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 381,097 $ 381,097 $ 377,895 -0.84% February 611,562 230,465 620,392 1.44% March 952,142 340,580 793,926 -16.62% April 1,227,434 275,291 1,165,930 -5.01% May 1,586,772 359,339 1,544,140 -2.69% June 1,961,879 375,106 1,945,474 -0.84% July 2,368,248 406,370 August 2,810,074 441,826 September 3,256,638 446,564 October 3,660,486 403,848 November 4,056,561 396,075 December 4,400,000 343,439 *The monthly budget forecast columns are based on a five-year average. O rL d R C C LL t C O 0 Q. d c 0 c LL t C O 2 N N O N d C 7 7 C t V r+ Q 4 Packet Pg. 21 SALES TAX SUMMARY I 2.4.b I Construction Trade, $836,588 Accommodation, $19,092 Clothing and Accessories, $167,490 Communications, $123,400 Wholesale Trade, — $179,266 12,000, 000 10,000, 000 8,000,000 6,000,000 4,000,000 2,000,000 0 Sales Tax Analysis By Category Current Period: June 2022 Year -to -Date Total $5,402,133 Health & Automotive Repair, Business Services, $604,914 Personal $115,946 Care, A sement & Gasoline, $15,526 $138,686 Recre tion, $35,935 Retail Food Stores, —�MZ� $171,442 Misc Retail, $948,811 g Others, $107,983 Retail Automotive, ,._ $1,313,688 _,d Manufacturing, $60,811 Eating & Drinking, $562,555 Annual Sales Tax Revenue Lm-- — — 7.395.114 $8,406,296 $8,452,715 $8,317,046 $10,302,518 $5,402,133 2016 2017 2018 2019% 2020 2021 YTD 2022 5 I Packet Pg. 22 I 2.4.b I City of Edmonds, WA Monthly Revenue Summary -Sales and Use Tax 2022 Sales and Use Tax Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 763,651 $ 763,651 $ 857,872 12.34% February 1,704,609 940,958 1,853,000 8.71% March 2,420,254 715,646 2,666,259 10.16% April 3,074,639 654,384 3,469,412 12.84% May 3,893,081 818,442 4,483,349 15.16% June 4,672,507 779,426 5,402,133 15.62% July 5,523,403 850,896 August 6,439,084 915,680 September 7,293,649 854,565 October 8,203,996 910,347 November 9,139,425 935,429 December 10,000,000 860,575 City of Edmonds, WA Monthly Revenue Summary -Gas Utility Tax 2022 Gas Utility Tax Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 79,399 $ 79,399 $ 96,596 21.66% February 164,205 84,806 96,596 -41.17% March 246,125 81,920 305,138 23.98% April 313,860 67,734 397,808 26.75% May 367,416 53,556 469,966 27.91% June 402,173 34,757 524,767 30.48% July 429,975 27,802 August 452,332 22,357 September 472,668 20,335 October 496,035 23,367 November 534,998 38,963 December 595,000 60,002 Gas Utility Tax 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Current Year Budget Prior Year *The monthly budget forecast columns are based on a five-year average. Q 6 Packet Pg. 23 I 2.4.b I City of Edmonds, WA Monthly Revenue Summary -Telephone Utility Tax 2022 Telephone Utility Tax Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 53,352 $ 53,352 $ 43,844 -17.82% February 96,981 43,629 66,255 -31.68% March 143,255 46,275 130,244 -9.08% April 192,397 49,142 175,045 -9.02% May 232,481 40,084 208,020 -10.52% June 277,770 45,288 250,253 -9.91% July 321,046 43,277 August 362,710 41,663 September 400,099 37,389 October 445,363 45,264 November 482,039 36,676 December 523,000 40,961 Electric Utility Tax Telephone Utility Tax 600,000 500,000 400,000 300,000 200,000 100,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Current Year Budget -*-- Prior Year City of Edmonds, WA Monthly Revenue Summary -Electric Utility Tax 2022 Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 148,905 $ 148,905 $ 183,023 22.91% February 312,488 163,583 377,116 20.68% March 449,608 137,121 534,798 18.95% April 602,286 152,678 726,969 20.70% May 723,393 121,107 858,720 18.71% June 824,492 101,099 993,628 20.51% July 920,639 96,147 August 1,015,921 95,282 September 1,108,535 92,614 October 1,199,070 90,535 November 1,299,972 100,902 December 1,410,000 110,028 Electric Utility Tax 1,zsuu,uuu 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC -*-- Current Year Budget � Prior Year *The monthly budget forecast columns are based on a five-year average. E O rL d fC U C cc a LL t C O O !a. d c c LL t C O 2 N N O N d C 7 C E t V l4 r+ Q Packet Pg. 24 I 2.4.b I City of Edmonds, WA Monthly Revenue Summary -Meter Water Sales 2022 Meter Water Sales Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 809,979 $ 809,979 $ 827,704 2.19% February 1,383,405 573,426 1,383,308 -0.01% March 2,213,219 829,814 2,127,271 -3.88% April 2,744,029 530,810 2,688,719 -2.02% May 3,542,697 798,668 3,507,398 -1.00% June 4,167,857 625,160 4,071,843 -2.30% July 5,138,308 970,451 August 5,986,736 848,427 September 7,133,311 1,146,575 October 7,954,825 821,514 November 8,891,706 936,881 December 9,464,783 573,077 City of Edmonds, WA Monthly Revenue Summary -Storm Water Sales 2022 Storm Water Sales Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 426,464 $ 426,464 $ 417,730 -2.05% February 1,352,938 926,475 1,322,856 -2.22% March 1,779,789 426,851 1,740,623 -2.20% April 2,159,443 379,654 2,114,167 -2.10% May 2,586,880 427,437 2,531,673 -2.13% June 2,966,444 379,564 2,904,040 -2.10% July 3,385,868 419,425 August 4,311,526 925,657 September 4,738,766 427,240 October 5,118,192 379,426 November 5,545,860 427,668 December 5,911,497 365,637 Storm Water Sales 6,000,000 5,500,000 5,000,000 4,500,000 4,000,000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Current Year Budget - Prior Year *The monthly budget forecast columns are based on a five-year average. Q Packet Pg. 25 I 2.4.b I City of Edmonds, WA Monthly Revenue Summary-Unmeter Sewer Sales 2022 Unmeter Sewer Sales Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 863,521 $ 863,521 $ 877,046 1.57% February 1,571,494 707,973 1,604,010 2.07% March 2,435,565 864,071 2,451,231 0.64% April 3,143,499 707,934 3,183,083 1.26% May 4,009,811 866,312 4,066,458 1.41% June 4,719,932 710,121 4,800,930 1.72% July 5,593,564 873,631 August 6,307,925 714,362 September 7,215,145 907,220 October 7,936,868 721,723 November 8,819,637 882,769 December 9,528,089 708,452 Q *The monthly budget forecast columns are based on a five-year average. 9 Packet Pg. 26 I 2.4.b I City of Edmonds, WA Monthly Expenditure Report -General Fund 2022 General Fund Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 5,342,528 $ 5,342,528 $ 4,601,625 -13.87% February 9,225,120 3,882,592 8,134,057 -11.83% March 13,453,045 4,227,925 11,966,023 -11.05% April 17,154,891 3,701,846 15,469,533 -9.82% May 21,081,164 3,926,273 19,144,529 -9.19% June 25,953,408 4,872,244 23,500,987 -9.45% July 30,083,274 4,129,866 August 33,991,194 3,907,920 September 38,121,718 4,130,524 October 42,646,764 4,525,046 November 47,397,312 4,750,547 December 52,360,872 4,963,560 City of Edmonds, WA Monthly Expenditure Report -Non -Departmental 2022 Non -Departmental Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 2,508,279 $ 2,508,279 $ 2,099,939 -16.28% February 3,543,187 1,034,908 2,938,380 -17.07% March 4,861,868 1,318,681 4,088,791 -15.90% April 5,666,194 804,326 5,036,007 -11.12% May 6,662,820 996,625 6,003,725 -9.89% June 8,507,675 1,844,856 7,622,093 -10.41% July 9,572,392 1,064,717 August 10,448,509 876,116 September 11,463,698 1,015,189 October 12,742,850 1,279,152 November 14,166,478 1,423,628 December 15,574,121 1,407,643 Q *The monthly budget forecast columns are based on a five-year average. 10 Packet Pg. 27 I 2.4.b I City of Edmonds, WA Monthly Expenditure Report -City Council 2022 City Council Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 33,985 $ 33,985 $ 23,687 -30.30% February 71,308 37,323 43,670 -38.76% March 112,128 40,821 71,408 -36.32% April 150,174 38,046 100,819 -32.87% May 199,408 49,234 129,439 -35.09% June 253,207 53,799 157,419 -37.83% July 291,886 38,679 August 345,215 53,328 September 382,380 37,165 October 414,981 32,601 November 455,321 40,340 December 497,900 42,579 City of Edmonds, WA Monthly Expenditure Report -Office of Mayor 2022 Office of Mayor Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 36,522 $ 36,522 $ 28,255 -22.63% February 74,639 38,117 59,226 -20.65% March 111,240 36,600 89,568 -19.48% April 148,486 37,247 119,372 -19.61% May 185,158 36,671 148,671 -19.71% June 221,111 35,953 178,561 -19.24% July 257,901 36,789 August 295,030 37,129 September 331,738 36,709 October 367,805 36,067 November 405,747 37,941 December 443,913 38,166 Office of Mayor 500,000 450,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC --"-CurrentYeaz Budget --*-PriorYeaz *The monthly budget forecast columns are based on a five-year average. Q 11 Packet Pg. 28 I 2.4.b I City of Edmonds, WA Monthly Expenditure Report -Human Resources 2022 Human Resources Cumulative Budget Forecast Monthly Budget Forecast YTD Actuals Variance January $ 77,402 $ 77,402 $ 59,932 -22.57% February 141,639 64,236 135,524 -4.32% March 202,815 61,176 203,581 0.38% April 266,756 63,941 270,474 1.39% May 331,195 64,439 334,902 1.12% June 405,872 74,678 458,397 12.94% July 464,145 58,273 August 524,126 59,981 September 590,408 66,282 October 654,662 64,254 November 726,800 72,138 December 824,831 98,031 Municipal Court Human Resources 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC --"-Current Year Budget --&-PriorYeaz City of Edmonds, WA Monthly Expenditure Report -Municipal Court 2022 Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 104,268 $ 104,268 $ 91,643 -12.11% February 213,906 109,638 187,919 -12.15% March 322,490 108,584 284,025 -11.93% April 431,592 109,102 386,046 -10.55% May 548,505 116,913 482,322 -12.07% June 654,584 106,079 591,066 -9.70% July 763,667 109,084 August 884,110 120,443 September 995,910 111,800 October 1,110,987 115,077 November 1,227,059 116,072 December 1,368,755 141,696 Municipal Court 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC --"-CurrentYeaz Budget -mF-PriorYear *The monthly budget forecast columns are based on a five-year average. E O sz d R C C LL t C O O sa. d c c LL t C O 2 N N O N d C 7 C E t V to r+ Q 12 Packet Pg. 29 I 2Ab I City of Edmonds, WA Monthly Expenditure Report -Community Services/Economic Development 2022 Community Services/Economic Development Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 49,857 $ 49,857 $ 33,127 -33.56% February 103,113 53,256 72,230 -29.95% March 155,568 52,455 122,479 -21.27% April 205,451 49,882 179,118 -12.82% May 260,752 55,301 216,588 -16.94% June 315,986 55,234 250,483 -20.73% July 373,132 57,147 August 434,777 61,645 September 492,000 57,223 October 552,240 60,239 November 622,590 70,351 December 719,388 96,798 Community Services/Economic Development 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC -0-- Current Year Budget -0-- Prior Year Q *The monthly budget forecast columns are based on a five-year average. 13 Packet Pg. 30 I 2.4.b I City of Edmonds, WA Monthly Expenditure Report -Technology Rental Fund 2022 Technology Rental Fund Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 176,962 $ 176,962 $ 216,858 22.55% February 334,966 158,004 287,295 -14.23% March 484,397 149,431 502,978 3.84% April 566,805 82,408 545,022 -3.84% May 674,037 107,232 603,046 -10.53% June 784,541 110,504 705,231 -10.11% July 877,847 93,306 August 989,174 111,327 September 1,106,217 117,044 October 1,245,373 139,155 November 1,341,722 96,350 December 1,539,022 197,300 Administrative Services Technology Rental Fund 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC -0-- Current Yeaz Budget -d­ Prior Year City of Edmonds, WA Monthly Expenditure Report -Administrative Services 2022 Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 238,721 $ 238,721 $ 217,022 -9.09% February 399,953 161,232 380,532 -4.86% March 563,330 163,378 547,460 -2.82% April 729,233 165,903 722,690 -0.90% May 896,198 166,965 901,287 0.57% June 1,121,628 225,430 1,088,001 -3.00% July 1,314,351 192,723 August 1,478,599 164,248 September 1,647,511 168,911 October 1,824,204 176,693 November 1,989,608 165,404 December 2,156,911 167,303 Administrative Services 1,800,000 1,600,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC -0-- Current Yeaz Budget -0-- Prior Year *The monthly budget forecast columns are based on a five-year average. Q 14 Packet Pg. 31 I 2.4.b I City of Edmonds, WA Monthly Expenditure Report -City Attorney 2022 City Attorney Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 80,982 $ 80,982 $ 77,656 -4.11% February 161,963 80,982 155,234 -4.16% March 242,945 80,982 233,065 -4.07% April 323,927 80,982 287,018 -11.39% May 404,908 80,982 388,315 -4.10% June 485,890 80,982 465,893 -4.12% July 566,871 80,982 August 647,853 80,982 September 728,835 80,982 October 809,816 80,982 November 890,798 80,982 December 971,780 80,982 Police City of Edmonds, WA Monthly Expenditure Report -Police 2022 Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 1,045,238 $ 1,045,238 $ 973,358 -6.88% February 2,105,968 1,060,730 1,945,020 -7.64% March 3,177,596 1,071,629 3,008,075 -5.33% April 4,236,492 1,058,896 4,001,453 -5.55% May 5,296,298 1,059,805 5,133,192 -3.08% June 6,428,932 1,132,634 6,213,167 -3.36% July 7,551,012 1,122,080 August 8,579,704 1,028,692 September 9,657,485 1,077,782 October 10,845,669 1,188,184 November 12,168,634 1,322,964 December 13,375,470 1,206,836 Police 8,000,000 6,000,000 4,000,000 2,000,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC --"— Current Yeaz Budget �Prior Year *The monthly budget forecast columns are based on a five-year average. Q 15 Packet Pg. 32 I 2.4.b I City of Edmonds, WA Monthly Expenditure Report -Development Services 2022 Development Services Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 272,173 $ 272,173 $ 309,139 13.58% February 567,186 295,012 661,303 16.59% March 860,247 293,062 909,669 5.75% April 1,174,618 314,370 1,157,411 -1.46% May 1,488,050 313,432 1,419,912 -4.58% June 1,792,716 304,666 1,678,976 -6.34% July 2,114,310 321,593 August 2,423,605 309,295 September 2,733,462 309,857 October 3,039,102 305,640 November 3,402,002 362,901 December 3,791,859 389,857 City of Edmonds, WA Monthly Expenditure Report -Parks & Recreation 2022 Parks & Recreation Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 358,065 $ 358,065 $ 319,222 -10.85% February 748,023 389,958 651,988 -12.84% March 1,136,243 388,220 1,040,803 -8.40% April 1,535,144 398,902 1,354,932 -11.74% May 1,941,016 405,872 1,709,318 -11.94% June 2,369,808 428,792 2,119,385 -10.57% July 2,835,053 465,245 August 3,347,305 512,252 September 3,871,489 524,184 October 4,291,784 420,295 November 4,690,353 398,569 December 5,125,535 435,182 Parks & Recreation 5,500,000 4,000,000 1,500,000 500,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC -*-- Current Yeaz Budget -0-- Prior Year *The monthly budget forecast columns are based on a five-year average. O rL d fC C cc a M t C O O !a. d c c LL t C O 2 N N O N d C 7 7 C E t V to r+ Q 16 Packet Pg. 33 I 2.4.b I City of Edmonds, WA Monthly Expenditure Report -Public Works Administration 2022 Public Works Administration Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 49,466 $ 49,466 $ 22,716 -54.08% February 100,066 50,600 46,637 -53.39% March 150,167 50,100 71,242 -52.56% April 201,867 51,701 94,556 -53.16% May 252,421 50,554 117,239 -53.55% June 303,852 51,431 140,684 -53.70% July 355,684 51,832 August 405,471 49,786 September 455,172 49,701 October 504,185 49,013 November 567,424 63,239 December 614,113 46,689 Facilities Maintenance Public Works Administration 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Current Year Budget � Prior Year City of Edmonds, WA Monthly Expenditure Report -Facilities Maintenance 2022 Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 219,301 $ 219,301 $ 109,202 -50.20% February 456,337 237,035 369,398 -19.05% March 723,326 266,990 562,089 -22.29% April 964,010 240,684 782,173 -18.86% May 1,206,775 242,765 942,003 -21.94% June 1,404,870 198,095 1,081,995 -22.98% July 1,647,775 242,905 August 1,934,891 287,116 September 2,271,751 336,861 October 2,655,928 384,177 November 2,962,277 306,349 December 3,425,275 462,998 Facilities Maintenance 500,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC -0-- Current Yeaz Budget -0-- Prior Year *The monthly budget forecast columns are based on a five-year average. 17 Packet Pg. 34 I 2.4.b I City of Edmonds, WA Monthly Expenditure Report -Engineering 2022 Engineering Cumulative Budget Forecast Monthly Budget Forecast YTD Actuals Variance % January $ 225,595 $ 225,595 $ 226,829 0.55% February 452,988 227,392 457,182 0.93% March 684,071 231,083 685,977 0.28% April 917,956 233,885 914,235 -0.41% May 1,175,026 257,070 1,140,813 -2.91% June 1,412,521 237,495 1,368,545 -3.11% July 1,660,688 248,167 August 1,900,016 239,329 September 2,131,816 231,799 October 2,366,570 234,755 November 2,602,612 236,042 December 2,845,336 242,724 O rL d fC C cc C M t C O O Q. N C O C LL t C O 2 N N O N d C 7 C O E t V O r+ Q *The monthly budget forecast columns are based on a five-year average. 18 Packet Pg. 35 I 2.4.b I Page 1 of 1 C ITY O F IDMO NDS REVINUES BY FUND - SUMMARY Fund 2022 Amended 6/30/2021 6/30/2022 Amount No. Title Budget Revenues Revenues Remaining %Received 001 GENERAL FUND $ 44,640,708 $ 22,872,014 $ 21,957,652 $ 22,683,056 490 009 LEOFF-MEDICAL INS. RESERVE 225,000 - 112,500 112,500 500 014 HISTORIC PRESERVATION GIFT FUND - 2,500 - - 04 016 BUILDING MAINTENANCE FUND 119,645 - 17,627 102,018 150 017 MARSH RESTORATION & PRESERVATION FUND - 150 - - 00 018 EDMONDS HOMELESSNESS RESPONSE FUND 200,000 - 200,000 - 1000 104 DRUG ENFORCEMENT FUND 167,210 1,397 901 166,309 14 Ill STREET FUND 1,751,930 917,170 871,295 880,635 500 112 COMBINED STREET CONST/IMPROVE 1 13,684,871 1,116,918 1,655,558 12,029,313 120 p Q 117 MUNICIPAL ARTS ACQUIS. FUND 216,701 24,688 96,554 120,147 450 !Y 118 MEMORIAL STREET TREE - 380 - - 04 120 HOTEL/MOTEL TAX REVENUE FUND 84,410 26,546 44,483 39,927 530 121 EMPLOYEE PARKING PERMIT FUND 26,540 10,360 12,294 14,246 460 122 YOUTH SCHOLARSHIP FUND 1,550 260 171 1,379 110 - 123 TOURISM PROMOTIONAL FUND/ARTS 29,590 9,981 15,705 13,885 530 125 REAL ESTATE EXCISE TAX 2 2 2,271,020 1,219,196 1,021,776 1,249,244 450 0 126 REAL ESTATE EXCISE TAX 1 2 2,261,030 1,211,916 1,015,115 1,245,915 127 GIFT S CAT ALOG FUND3 82,750 39,696 2,964,266 (2,881,516) 35820 p Q. 130 CEMETERY MAINTENANCE/IMPROVEMT 182,430 124,765 111,976 70,454 610 0) 136 PARKS TRUST FUND 4,330 3,131 2,012 2,318 460 137 CEMETERY MAINTENANCE TRUST FD 43,520 31,778 23,165 20,355 530 138 SISTER CITY COMMISSION 10,290 2,695 2,687 7,603 C 260LL 140 BUSINESS IMPROVEMENT DISTRICT 79,349 55,440 55,878 23,471 700 141 AFFORDABLE AND SUPPORTIVE HOUSING FUND 65,000 32,633 24,287 40,713 370 C 142 EDMONDS RESCUE PLAN FUND 4,856,549 5,946,550 - 4,856,549 00 0 143 TREE FUND 215,330 - 245 215,085 00 CV N 231 2012 LT GO DEBT SERVICE FUND 611,370 40,853 41,009 570,361 74 N 332 PARKS CAPITAL CONSTRUCTION FUND 3,822,685 403,147 829,172 2,993,513 220 C 411 COMBINED UTILITY OPERATION - 5,320 82,560 (82,560) 04 421 WATER UTILITY FUND 11,018,136 4,750,644 4,802,340 6,215,796 440 422 STORM UTILITY FUND 5 7,877,897 3,518,958 3,287,736 4,590,161 420 E 423 SEWERWTP UTILITY FUND 6 /W 24,820,083 11,905,781 8,985,295 15,834,788 360 0 424 BOND RESERVE FUND 1,988,700 600,422 591,150 1,397,550 300 Q 511 EQUIPMENT RENTAL FUND 1,925,920 771,931 916,397 1,009,523 480 512 TECHNOLOGY RENTAL FUND 1,153,570 613,153 579,987 573,583 500 $ 124,438,114 $ 56,260,373 $ 50,321,792 $ 74,116,322 400 Differences due to Grant reimbursement received in 2022 for 2021, as well as a large Traffic Impact fee in March 2022. Z REET revenues are down a total of $(4384,591) from this point in time last year. i Differences due to a large donation received in June of 2022. 4 Differences due to Grant reimbursement received in 2022 for 2021, as well as a large Park Impact fee in March 2022. 5 2022 Utility Rate Increases are 4.5%for Water, 5%for Sewer, and 9.5%for Storm Drain. 6 Differences due primarily to WWTP partner bilings in 2021. 19 Packet Pg. 36 I 2.4.b I Page 1 of 1 C ITY OF EDMO NDS EXPENDITURES BY FUND - SUMMARY Fund 2022 Amended 6/30/2021 6/30/2022 Amount No. Title Budget Expenditures Expenditures Remaining %Spent 001 GENERAL FUND $ 52,360,872 $ 21,115,256 $ 23,500,987 $ 28,859,885 450, 009 LEOFF-MEDICAL INS. RESERVE 260,490 146,122 143,526 116,964 5501 014 HISTORIC PRESERVATION GIFT FUND 5,900 - - 5,900 00 016 BUILDING MAINTENANCE FUND 545,000 - 17,074 527,926 30, 017 MARSH RESTORATION & PRESERVATION FUND - 16,149 - - 00 018 EDMONDS HOMELESSNESS RESPONSE FUND 200,000 123,581 - 200,000 00 019 EDMONDS OPIOID RESPONSE FUND - 28,445 - - 00 104 DRUG ENFORCEMENT FUND 45,800 - - 45,800 00, III STREET FUND 2,315,780 1,105,696 1,082,668 1,233,112 470 G 112 COMBINED STREET CONST/IMPROVE 12,868,796 995,087 674,183 12,194,613 5y ° Q' 117 MUNICIPAL ARTSACQUIS. FUND 195,380 18,016 26,630 168,750 140/ 120 HOTEL/MOTEL TAX REVENUE FUND 100,900 24,303 26,566 74,334 260, 121 EMPLOYEE PARKING PERMIT FUND 26,880 - - 26,880 00, C 122 YOUTH SCHOLARSHIP FUND 3,000 - 3,000 00 L+ 123 TOURISM PROMOTIONAL FUND/ARTS 28,200 - 533 27,667 20/ C 125 REAL ESTATE EXCISE TAX 2 4,589,688 160,981 921,189 3,668,499 200, O 126 REAL ESTATE EXCISE TAX 1 2,483,667 439,724 222,256 2,261,411 127 GIFTS CATALOG FUND 78,400 32,879 19,509 58,891 250/ O Q. 130 CEMETERY MAINTENANCE/IMPROVEMT 220,561 117,703 94,544 126,017 430/ 136 PARKS TRUST FUND 50,000 - 2,540 47,460 54 137 CEMETERY MAINTENANCE TRUST FUND 25,000 - 25,000 00, eo 138 SISTER CITY COMMISSION 11,900 - 70 11,830 10/ C 140 BUSINESS IMPROVEMENT DISTRICT 87,680 20,636 31,164 56,516 LL 360/ >% 142 EDMONDS RESCUE PLAN FUND 6,077,492 - 433,332 5,644,160 70, C 143 TREE FUND 214,800 - - 214,800 00, 231 2012 LT GO DEBT SERVICE FUND 611,370 40,853 41,009 570,361 71, tV N 332 PARKS CAPITAL CONSTRUCTION FUND 7,614,418 225,719 2,903,702 4,710,716 380/ N 421 WATER UTILITY FUND 11,490,988 3,602,271 3,114,209 8,376,779 274 C 422 STORM UTILITY FUND 9,619,649 2,235,061 2,167,378 7,452,271 7 230, 423 SEWER/WWTP UTILITY FUND 29,529,856 12,080,851 8,121,701 21,408,155 28° d 424 BOND RESERVE FUND 1,988,710 600,417 589,342 1,399,368 300/ E t 511 EQUIPMENT RENTAL FUND 1,950,371 623,977 673,957 1,276,414 350, 1U 512 TECHNOLOGY RENTAL FUND 1,539,022 519,736 705,231 833,791 460, Q 617 FIREMEN'S PENSION FUND - 43,148 - - 00/ $ 147,140,570 $ 44,316,612 $ 45,513,301 $1019627,269 310, 20 Packet Pg. 37 I 2Ab I Page 1 of 3 Title TAXES: 1 REAL PERSONAL / PROPERTY TAX 2 EMS PROPERTY TAX 3 VOTED PROPERTY TAX 4 LOCAL RETAIL SALESIUSE TAX 7 5 NATURAL GAS USE TAX 6 1/10 SALES TAX LOCAL CRIM JUST 7 ELECTRIC UTILITY TAX 8 GAS UTILITY TAX 9 SOLID WASTE UTILITY TAX 10 WATERUTILITY TAX 11 SEWER UTILITY TAX 12 ST ORMWAT ER UT ILIT Y T AX 13 T.V. CABLE UTILITY TAX 14 TELEPHONE UTILITY TAX 15 PULLTABSTAX 16 AMUSEMENT GAMES 17 LEASEHOLD EXCISE TAX LICENSES AND PERMITS: 18 FIRE PERMITS -SPECIAL USE 19 POLICE - FINGERPRINTING 20 VENDING MACHINE/CONCESSION 21 FRANCHISE AGREEMENT -COMCAST 22 FRANCHISE FEE-EDUCATION/GOVERNMENT 23 FRANCHISE AGREEMENT-ZIPLY FIBER 24 OLYMPIC VIEW WATER DISTRICT FRANCHISE 25 GENERAL BUSINESS LICENSE 26 DEV SERV PERMIT SURCHARGE 27 RIGHT OF WAY FRANCHISE FEE 28 BUILDING STRUCTURE PERMITS 29 ANIMAL LICENSES 30 STREET AND CURB PERMIT 31 OT R NON -BUS LIC/PERMIT S INTERGOVERNMENTAL: 32 DOJ 15-0404-0-1-754 - BULLET PROOF VEST 33 WA ASSOC OF SHERRIF'S TRAFFIC GRANT 34 HIGH VISIBILITY ENFORCEMENT 35 CORONAVIRUS RELIEF FUND 2 36 WA STATE TRAFFIC COMM GRANT 37 WASHINGTON STATE ARTS COMMISSION 38 DOC FAC ROOFING 39 STATE GRANTS- BUDGET ONLY 40 WA STATE ART COMMISSION 2021-003-CD 41 PUD PRIVILEDGE TAX 42 TRIAL COURT IMPROVEMENT 43 CJ - POPULATION 44 CRIMINAL JUSTICE -SPECIAL PROGRAMS 45 MARIJUANA EXCISE TAX DISTRIBUTION 46 DUI - CITIES 47 FIRE INS PREMIUM TAX 48 LIQUOR EXCISE TAX 49 LIQUOR BOARD PROFITS 50 INT ERLOCAL GRANTS 51 FIRST RESPONDERS FLEX FUND 52 DISCOVERY PROGRAMS TECHNOLOGY ACQ. 53 VERDANT INTERLOCAL GRANTS C ITY O F IDMO NDS REVENUES - GENERAL FUND 2022 Amended 6/30/2021 Budget Revenues 6/30/2022 Amount Revenues Remaining %Received $ 11,127,000 $ 5,748,063 $ 5,797,199 $ 5,329,801 520/ 4,278,000 2,266,601 2,308,771 1,969,229 540/ 500 1 27 473 501 10,000,000 4,797,214 5,402,133 4,597,867 540/ 7,600 5,808 8,932 (1,332) 1180i 870,000 449,520 498,770 371,230 570i 1,410,000 987,183 993,628 416,372 700r 595,000 453,419 524,767 70,233 880/ 284,000 184,535 181,436 102,564 640r 953,000 418,145 407,126 545,874 430/ 894,600 449,296 395,305 499,295 440/ 471,900 264,818 290,407 181,493 620/ 792,000 400,616 410,719 381,281 520/ 523,000 274,873 250,253 272,747 480r 55,200 38,156 38,435 16,765 700/ 350 143 - 350 00/ 306,000 143,456 152,773 153,227 5001 32,568,150 16,881,848 17,660,679 14,907,471 540, 250 400 100 150 400/ 700 - 20 680 30/ 40,000 17,560 36,271 3,729 910/ 702,700 335,040 349,602 353,098 5001 41,000 19,150 18,000 23,000 440/ 100,600 32,964 24,677 75,923 250/ 384,000 186,343 199,970 184,030 520/ 250,000 121,077 121,129 128,871 480/ 63,000 43,550 51,535 11,465 820/ 30,000 14,440 30,173 (173) 1010/ 650,600 381,670 436,120 214,480 670/ 24,000 8,388 10,938 13,062 460i 55,000 33,341 51,835 3,165 940/ 20,000 9,284 9,854 10,146 490r 2,361,850 1,203,207 1,340,224 1,021,626 570, 9,000 6,464 5,237 3,763 580/ - - 992 (992) 00/ 11,100 916 718 10,382 60r - 3,947 - - 00/ 3,448 307 (307) 00/ - - 2,000 (2,000) 00/ - 379,270 - - 00/ 273,000 - - 273,000 00/ - 6,000 - - 00/ 210,500 - - 210,500 00/ 16,740 8,070 10,776 5,964 640/ 13,070 6,757 7,142 5,928 5501 45,600 24,120 25,386 20,214 560/ 60,000 35,791 49,330 10,670 820/ 4,500 3,335 3,587 914 800r - 53,334 56,744 (56,744) 00/ 261,500 146,188 152,556 108,944 580/ 343,200 167,820 166,379 176,821 480/ - 27,216 - - 00/ 1,000 - 279 721 280/ 550 - - 550 00/ - 66,000 - - 00/ 1,249,760 938,675 481,432 768,328 390, 7 2022 Local Retail Sales/Use Tax revenues are $604,919 higher than 2021 revenues. Please also see pagespages 5 & 6. 21 1 Packet Pg. 38 1 2.4.b Page 2 of 3 C TTY O F IDMO NDS REVENUES - GENERAL FUND 2022 Amended 6/30/2021 6/30/2022 Amount Title Budget Revenues Revenues Remaining %Received CHARGES FOR GOODS AND SERVICES: 1 RECORD/LEGAL INSTRUMENTS 2 ATM SURCHARGE FEES 3 CREDIT CARD FEES 4 COURT RECORD SERVICES 5 D/M COURT REC SER 6 DRE REIMBURSEABLE 7 WARRANT PREPARATION FEE 8 IT TIME PAY FEE 9 MUNIC.-DIST. COURT CURR EXPEN 10 SALE MAPS & BOOKS 11 CLERKS TIME FOR SALE OF PARKING PERMITS 12 BID SUPPLIES REIMBURSEMENT 13 PHOTOCOPIES 14 POLICE DISCLOSURE REQUESTS 15 ENGINEERING FEES AND CHARGES 16 ELECTION CANDIDATE FILINGFEES 17 CUSTODIAL SERVICES (SNO-ISLE) 18 PASSPORTS AND NATURALIZATION FEES 19 POLICE SERVICES SPECIAL EVENTS 20 CAMPUS SAFETY-EDM. SCH. DIST. 21 WOODWAY-LAW PROTECTION 22 MISCELLANEOUS POLICE SERVICES 23 FIRE DISTRICT #1 STATION BILLINGS 24 LEGAL SERVICES 25 ADULT PROBATION SERVICE CHARGE 26 BOOKING FEES 27 FIRE CONSTRUCTION INSPECTION FEES 28 EMERGENCY SERVICE FEES 29 EMS TRANSPORT USER FEE 30 FLEX FUEL PAYMENTSFROM STATIONS 31 ANIMAL CONTROL SHELTER 32 ZONING/SUBDIVISION FEE 33 PLAN CHECKING FEES 34 FIRE PLAN CHECK FEES 35 PLANNING 1% INSPECTION FEE 36 S.E.P.A. REVIEW 37 CRITICAL AREA STUDY 38 GYM AND WEIGHTROOM FEES 39 PROGRAM FEES 40 TAXABLE RECREATION ACTIVITIES 41 HOLIDAY MARKET REGISTRATION FEES 42 UPTOWN EVENING MARKET FEES 43 WINTER MARKET FEES 44 BIRD FEST REGISTRATION FEES 45 INTERFUND REIMBURSEMENT -CONTRACT SVCS $ 3,000 $ 3,250 $ 2,844 $ 157 950/ 600 59 109 491 180/ 11,000 2,813 441 10,559 40r 150 2 1 149 10/ 300 - - 300 00/ - 168 - - 00/ 4,000 98 98 3,902 20/ 1,000 340 54 946 501 50 90 103 (53) 2060/ 100 - - 100 00/ 25,000 - - 25,000 00/ 600 - - 600 00/ 1,000 165 51 949 501 5,000 - - 5,000 00/ 180,000 133,491 118,548 61,452 660/ 1,400 - 2,885 (1,485) 2060/ 85,000 35,542 47,068 37,932 5501 10,000 - 2,628 7,372 260/ 30,000 - - 30,000 00/ 14,000 - 3,169 10,831 230/ 210,970 153,619 105,485 105,485 5001 - - 25 (25) 00/ 57,000 33,108 35,250 21,750 620/ 1,050 309 702 348 670r 38,000 17,331 10,225 27,775 270/ 3,000 599 317 2,683 110i 10,000 13,522 14,335 (4,335) 1430/ 3,500 1,355 451 3,049 130/ 1,007,500 465,101 486,524 520,976 480r 2,500 1,727 2,356 144 940/ 100 - - 100 00/ 65,600 56,253 55,959 9,641 850r 425,000 268,787 181,346 243,654 430/ 4,000 7,735 7,782 (3,782) 1950/ 500 158 110 390 220/ 3,000 2,960 3,700 (700) 1230/ 14,000 8,800 9,330 4,670 670/ 13,000 - 1,202 11,798 90/ 1,011,580 272,442 377,080 634,500 370/ 1,300 - - 1,300 00/ 5,000 2,820 - 5,000 00/ - 1,060 1,295 (1,295) 00/ - - 7,310 (7,310) 00/ 1,000 - - 1,000 00/ 4,011,558 1,697,495 589,245 3,422,313 1501 7,261,358 3,181,196 2,068,027 5,193,331 280i 22 Packet Pg. 39 2Ab Page 3 of 3 CITY OF EDMO NDS REVENUES - GENERAL FUND 2022 Amended 6/30/2021 6/30/2022 Amount Title Budget Revenues Revenues Remaining %Received FINES AND PENALTIES: 1 PROOF OF VEHICLE INS PENALTY 2 TRAFFIC INFRACTION PENALTIES 3 NC TRAFFIC INFRACTION 4 CRT COST FEE CODE LEG ASSESSMENT (LGA) 5 NON -TRAFFIC INFRACTION PENALTIES 6 OTHER INFRACTIONS'04 7 PARKING INFRACTION PENALTIES 8 PARK/INDDISZONE 9 DWI PENALTIES 10 DUI - DP ACCT 11 CRIM CNV FEE DUI 12 DUI - DP FEE 13 CRIMINAL TRAFFIC MISDEMEANOR 8/03 14 CRIMINAL CONVICTION FEE CT 15 CRIM CONV FEE CT 16 OTHER NON-T RAF MISDEMEANOR PEN 17 OTHER NON TRAFFIC MISD. 8/03 18 COURT DV PENALTY ASSESSMENT 19 CRIMINAL CONVICTION FEE CN 20 CRIM CONV FEE CN 21 PUBLIC DEFENSE RECOUPMENT 22 BANK CHARGE FOR CONV. DEFENDANT 23 COURT COST RECOUPMENT 24 BUS. LICENSE PERMIT PENALTY 25 MISC FINES AND PENALTIES $ 2,000 $ 1,521 $ 961 $ 1,039 480/ 230,000 104,405 31,310 198,690 140/ 18,000 6,036 2,104 15,896 120/ 10,000 7,884 2,036 7,964 200/ 1,000 203 - 1,000 00/ 1,500 913 298 1,202 200/ 100,000 31,322 8,152 91,848 80/ 2,000 250 114 1,886 60/ 7,000 3,996 1,840 5,160 260/ 300 73 47 253 160/ 100 59 14 86 140/ 1,500 1,034 718 782 480/ 25,000 9,044 5,209 19,791 210/ 2,000 1,098 759 1,241 380/ 700 53 74 626 110/ 100 12 - 100 00/ 10,000 764 8,383 1,617 840/ 800 115 27 773 30/ 1,000 130 225 775 220/ 200 64 - 200 00/ 8,000 3,112 1,931 6,069 240/ 14,000 4,598 1,464 12,536 100/ 3,000 1,047 147 2,853 50/ 10,100 - 50 10,050 00/ 150 187 - 150 00/ 448,450 177,919 65,865 382,585 150, F O Q d C to C M 21 s C O 2 MISCELLANEOUS: 26 INVESTMENT INTEREST 270,390 167,505 132,806 137,584 490/ p, 27 INTEREST ON COUNTY TAXES 13,340 4,169 4,173 9,167 310/ 28 INTEREST - COURT COLLECTIONS 10,180 4,784 2,845 7,335 280/ 29 SPACE/FACILITIES RENTALS 153,000 31,377 70,576 82,424 460/ v 30 BRACKET ROOM RENTAL 2,100 - - 2,100 00/ C 31 LEASESLONGTERM 205,000 96,605 103,112 101,888 50°1 32 DONATION/CONTRIBUTION 2,500 - 239 2,261 100/ jL 33 PARKS DONATIONS 3,500 - 4,800 (1,300) 1370/ >, 34 BIRD FEST CONTRIBUTIONS 1,500 500 515 985 340/ 35 POLICE CONTRIBUTIONS FROM PRIV SOURCES 5,000 3,503 249 4,751 50/ C 36 SALE OF JUNK/SALVAGE 300 130 76 224 250/ 0 37 SALES OF UNCLAIM PROPERTY 3,800 3,340 1,761 2,039 460/ N 38 CONFISCATED AND FORFEITED PROPERTY 2,000 - - 2,000 00/ N 39 OT HER JUDGEMENT /SET T LEMENT 2,000 102 - 2,000 00/ N 40 POLICE JUDGMENT S✓RESTITUTION 200 50 30 170 150/ d 41 CASHIERS OVERAGES/SHORTAGES - 19 100 (100) 00/ 7 42 OTHER MISCREVENUES 41,180 4,722 911 40,269 20/ 43 SMALL OVERPAYMENT 100 49 21 79 210/ 44 NSF FEES- PARKS& REC 100 30 30 70 300/ G1 45 NSF FEES - MUNICIPAL COURT 150 - - 150 0°/ t 46 NSF FEES - POLICE - 30 - - 00/ c� 47 NSF FEES - DEVELOPMENT SERVICES - - 60 (60) 00/ 48 US BANK REBATE 8,500 7,079 5,970 2,530 700/ Q 724,840 323,994 328,274 3969567 45°r TRANSFERS -IN: 49 OPERATING TRANSFER IN - 28,445 - - 00/ 50 INTERFUND TRANSFER FROM FUND 018 - 123,581 - - 00/ 51 TRANSFER FROM FUND 127 26,300 13,150 13,150 13,150 500/ 269300 165,176 139150 139150 500/ TO TAL GENERAL FUND REVENUE $ 44,640,708 $ 22,872,014 $ 21,957,652 $ 22,683,056 490/ 23 Packet Pg. 40 I 2.4.b I Page 1 of 6 CITY OF EDMONDS EXPENDITURES BY FUND - DETAIL 2022 Amended 6/30/2021 6/30/2022 Amount Title Budget Expenditures Expenditures Remaining %Spent GENERAL FUND EXPENDITURES (001) 1 SALARIES AND WAGES $ 19,196,413 $ 8,528,330 $ 8,658,715 $ 10,537,698 45a/a 2 OVERTIME 594,080 284,859 542,414 51,666 910/0 3 HOLIDAY BUY BACK 294,001 3,558 10,798 283,203 4a/c 4 BENEFITS 6,820,049 3,202,942 3,219,831 3,600,218 470/a 5 UNIFORMS 119,151 34,831 44,036 75,115 370% 6 PENSION AND DISABILITY PAYMENTS 70,944 - 41,550 29,395 590/a 7 SUPPLIES 481,165 210,207 218,203 262,962 45% 8 FUEL CONSUMED - 17 - - Oa/a 9 SMALL EQUIPMENT 204,019 81,188 78,358 125,661 380/c 10 PROFESSIONAL SERVICES 17,411,043 6,395,092 7,456,557 9,954,486 43ON 11 COMMUNICATIONS 171,235 80,818 71,497 99,738 420/c 12 TRAVEL 81,155 11,152 30,075 51,080 37ON 13 EXCISE TAXES 16,500 10,686 14,225 2,275 86ON 14 RENTAL/LEASE 2,091,693 759,238 1,013,259 1,078,434 48% 15 INSURANCE 503,161 405,121 503,160 1 100a/o 16 UTILITIES 529,462 247,810 272,347 257,115 51ON 17 REPAIRS& MAINTENANCE 1,090,350 264,722 244,927 845,423 22a/a 18 MISCELLANEOUS 652,023 249,653 274,495 377,528 42a/a 19 INTERGOVERNMENTAL PAYMENTS 50,000 50,000 50,000 - 100% 20 BUILDINGS - - 45,195 (45,195) 0% 21 INTERFUND SUBSIDIES 1,385,000 234,945 542,500 842,500 39% 22 MACHINERY/EQUIPMENT - - 96,343 (96,343) 00/0 23 CONSTRUCTION PROJECTS 270,180 - 270,180 00/0 24 GENERAL OBLIGATION BOND PRINCIPAL 55,170 - - 55,170 0% 25 INTEREST ON LONG-TERM EXTERNAL DEBT 4,790 60,087 72,294 (67,504) 1509% 26 DEBT ISSUE COSTS 268,788 - - 268,788 0% 27 OTHER INTEREST & DEBT SERVICE COSTS 500 212 288 42% 52,3 0,872 21,115,256 $ 23,500,987 28,859,885 450a LEOFF-MEDICAL INS. RESERVE(009) 28 BENEFITS $ - $ 89,347 $ 86,911 $ (86,911) 00/0 29 PENSION AND DISABILITY PAYMENTS 252,990 56,775 42,426 210,564 17% 30 PROFESSIONAL SERVICES 7,000 - 13,704 (6,704) 196% 31 MISCELLANEOUS 500 - 485 15 970% 260,490 146,122 143,526 116,964 55a/a HISTORIC PRESERVATION GIFT FUND (014) 32 SUPPLIES $ 100 $ $ $ 100 Oa/a 33 PROFESSIONAL SERVICES 200 200 0% 34 MISCELLANEOUS 5,600 5,600 00/0 5,900 -S 5,900 0% BUILDING MAINTENANCE FUND (016) 35 PROFESSIONAL SERVICES $ 195,000 $ $ 450 $ 194,550 00/0 36 REPAIR&MAINTENANCE 150,000 16,072 133,928 110/0 37 MACHINERY/EQUIPMENT 90,000 552 89,448 10/0 38 CONSTRUCTION PROJECTS 110,000 - 110,000 0% 545,000 17,074 527,926 3% MARSH RESTORATION & PRESERVATION (017) 39 PROFESSIONAL SERVICES $ - $ 16,149 $ - $ - 00/0 - 16,149 - - 0% EDMONDS HOMELESSNESS RESPONSEFUND (018) 40 PROFESSIONAL SERVICES $ 200,000 $ - $ - $ 200,000 0% 41 INTERFUND SUBSIDIES - 123,581 - Oa/o 200,000 123,581 200,000 0% EDMONDS OPIOED RESPONSEFUND (019) 42 INTERFUND SUBSIDIES $ $ 28,445 $ $ - Oa/a - 28,445 - 0% DRUG INFO RCEMENTFUND (104) 43 PROFESSIONAL SERVICES $ 45,000 $ $ $ 45,000 00/0 44 REPAIR/MAINT 800 800 0% 45,800 45,800 00/0 Q 24 Packet Pg. 41 Page 2 of 6 C ITY O F EDMO NDS EXPENDITURES BY FUND - DETAIL 2022 Amended 6/30/2021 6/30/2022 Amount Title Budget Expenditures Expenditures Remaining %Spent STREETFUND (111) 1 SALARIES AND WAGES $ 749,110 $ 372,872 $ 349,036 $ 400,074 47% 2 OVERTIME 38,400 21,363 18,101 20,299 47% 3 BENEFITS 347,919 183,700 170,959 176,960 49% 4 UNIFORMS 6,000 5,432 3,912 2,088 65% 5 SUPPLIES 263,000 100,566 54,702 208,298 21% 6 SMALL EQUIPMENT 20,000 770 985 19,015 5% 7 PROFESSIONAL SERVICES 23,210 5,572 10,200 13,010 44% 8 COMMUNICATIONS 4,500 3,015 3,097 1,403 69% 9 TRAVEL 1,000 - - 1,000 0% 10 RENTAL/LEASE 290,150 122,800 144,207 145,943 50% 11 INSURANCE 184,111 148,533 184,111 0 100% 12 UTILITIES 273,730 120,183 110,454 163,276 40% 13 REPAIRS& MAINTENANCE 72,000 10,114 21,167 50,833 29% 14 MISCELLANEOUS 8,000 10,557 11,552 (3,552) 144% 15 MACHINERY/EQUIPMENT 30,000 - - 30,000 0% 16 GENERAL OBLIGATION BOND PRINCIPAL 4,270 - - 4,270 0% 17INTEREST 380 220 185 195 49% $ 2,315,780 $ 1,105,696 $ 1,082,668 $ 1,233,112 47% COMBINED STREETCONST/IMPROVE(112) 18 PROFESSIONAL SERVICES $ 3,159,560 $ 520,208 $ 237,716 $ 2,921,844 8% 19 REPAIR & MAINTENANCE 1,508,270 947 22,408 1,485,862 1% 20 INTERFUND SUBSIDIES 108,975 39,925 - 108,975 0% 21 LAND - (842) 69,759 (69,759) 0% 22 CONSTRUCTION PROJECTS 8,018,521 361,056 270,868 7,747,653 3% 23 INTERGOVERNMENTAL LOANS 72,220 72,201 72,201 19 100% 24 INTEREST 1,250 1,591 1,230 20 98% $ 12,868,796 $ 995,087 $ 674,183 $ 12,194,613 5% MUNICIPAL ARTS ACQUIS. FUND (117) 25 SUPPLIES $ 4,700 $ 265 $ 892 $ 3,808 19% 26 SMALL EQUIPMENT 1,700 - - 1,700 0% 27 PROFESSIONAL SERVICES 180,000 16,253 24,529 155,471 14% 28 TRAVEL 80 - - 80 0% 29 RENTAL/LEASE 2,000 - 2,000 0% 30 REPAIRS & MAINTENANCE 300 - - 300 0% 31 MISCELLANEOUS 6,600 1,498 1,209 5,391 18% $ 195,380 $ 18,016 $ 26,630 $ 168,750 14% HO TEL/MO TEL TAX REV NUE FUND (120) 32 PROFESSIONAL SERVICES $ 95,900 $ 22,303 $ 24,566 $ 71,334 26% 33 MISCELLANEOUS 1,000 - - 1,000 0% 34 INTERFUND SUBSIDIES 4,000 2,000 2,000 2,000 50% $ 100,900 $ 24,303 $ 26,566 $ 74,334 26% EMPLO YEE PARKING PERMIT FUND (121) 35 SUPPLIES $ 1,790 $ - $ - $ 1,790 0% 36 PROFESSIONAL SERVICES 25,090 - 25,090 0% $ 26,880 $ $ - $ 26,880 0% YOUTH SCHOLARSHIP FUND (122) 37 MISCELLANEOUS $ 3,000 $ $ $ 3,000 0% $ 3,000 $ $ $ 3,000 0% TO URISM PRO MO TIO NAL FUND/ARTS (123) 38 PROFESSIONAL SERVICES $ 28,200 $ $ 533 $ 27,667 2% $ 28,200 $ $ 533 $ 27,667 2% 25 Packet Pg. 42 I 2Ab I Page 3 of 6 C ITY O F EDMO NDS EXPENDITURES BY FUND - DETAIL 2022 Amended 6/30/2021 6/30/2022 Amount Title Budget Expenditures Expenditures Remaining %Spent REAL ESTATE EXCISE TAX (125) SUPPLIES $ 21,000 $ 28,636 $ 11,221 $ 9,779 53% PROFESSIONAL SERVICES 469,320 73,961 211,627 257,693 450/Q REPAIRS& MAINTENANCE 668,258 12,991 63,167 605,091 90/0 INTERFUND SUBSIDIES 2,534 - - 2,534 00/0 CONSTRUCTION PROJECTS 3,428,576 45,393 635,174 2,793,402 190/0 $ 4,589,688 $ 160,981 $ 921,189 $ 3,668,499 200/c REAL ESTATE EXCISE TAXI (126) 6 PROFESSIONAL SERVICES 7 REPAIRS& MAINTENANCE 8 INTERFUND SUBSIDIES 9 CONSTRUCTION PROJECTS 10 GENERAL OBLIGATION BONDS 11 INTEREST 12 OTHER INTEREST & DEBT SERVICE COSTS GIFTS CATALOG FUND (127) 13 SUPPLIES 14 PROFESSIONAL SERVICES 15 MISCELLANEOUS 16 INTERFUND SUBSIDIES CEMETERY MAINTENANCEIIMPROVEMENT(130) 17 SALARIES AND WAGES 18 OVERTIME 19 BENEFITS 20 UNIFORMS 21 SUPPLIES 22 SUPPLIES PURCHASED FOR INVENTORY/RESALE 23 PROFESSIONAL SERVICES 24 COMMUNICATIONS 25 TRAVEL 26 RENTAL/LEASE 27 UTILITIES 28 REPAIRS &MAINTENANCE 29 MISCELLANEOUS PARKS TRUSTFUND (136) 30 PROFESSIONAL SERVICES CEMETERY MAINTENANCE TRUST FUND (137) 31 SMALL EQUIPMENT SISTER CITY COMMISSION (138) 32 SUPPLIES 33 TRAVEL 34 MISCELLANEOUS BUSINESS IMPROVEMENTDISTRICTFUND (140) 35 SUPPLIES 36 PROFESSIONAL SERVICES 37 MISCELLANEOUS EDMONDS RESCUEPLAN FUND (142) 38 PROFESSIONAL SERVICES TREE FUND (143) 39 SUPPLIES 40 PROFESSIONAL SERVICES 41 LAND 2012 LTGO DEBTSERVIC FUND (231) 42 GENERAL OBLIGATION BOND 43 INTEREST $ 673,827 $ 190,410 $ 43,869 $ 629,958 70/c 878,353 14,850 15,081 863,272 20/c 144,970 11,863 10,138 134,833 7% 526,057 221,320 97,473 428,584 19% 149,820 - - 149,820 0% 110,640 1,282 55,314 55,326 50% - - 380 (380) 0% $ 2,483,667 $ 439,724 $ 222,256 $ 2,261,411 9% $ 45,000 $ 19,729 $ 6,359 $ 38,641 14% 6,500 - - 6,500 0% 600 - - 600 0% 26,300 13,150 13,150 13,150 50% $ 78,400 $ 32,879 $ 19,509 $ 58,891 25% $ 119,837 $ 47,668 $ 49,325 $ 70,512 41% 3,500 249 715 2,785 20% 41,069 19,876 19,494 21,575 47% 1,000 - - 1,000 0% 7,000 485 520 6,480 7% 20,000 15,766 10,777 9,223 54% 4,200 800 1,150 3,050 27% 1,700 842 860 840 51% 500 - - 500 0% 11,690 8,325 5,874 5,816 50% 5,565 1,915 1,884 3,681 34% 500 19,211 - 500 0°/a 4,000 2,567 3,946 54 99% $ 220,561 $ 117,703 $ 94,544 $ 126,017 43% $ 50,000 $ $ 2,540 $ 47,460 5% $ 50,000 $ $ 2,540 $ 47,460 5% $ 25,000 $ $ $ 25,000 0% $ 25,000 $ $ $ 25,000 00 $ 1,500 $ $ - $ 1,500 0% 4,500 - 4,500 0% 5,900 70 5,830 1% $ 11,900 $ $ 70 $ 11,830 1% $ 4,050 $ 372 $ 5,335 $ (1,285) 132% 77,535 19,274 25,090 52,445 32% 6,095 990 738 5,357 12% 87,680 20,636 31,164 56,516 36% $ 6,077,492 $ $ 433,332 $ 5,644,160 7% 6,077,492 433,332 5,644,160 7% $ 1,000 $ $ - $ 1,000 0% 14,800 - 14,800 0% 199,000 - 199,000 0% 214,800 - 214,800 0% $ 550,000 $ - $ - $ 550,000 0% 61,370 40,853 41,009 20,361 67% $ 611,370 $ 40,853 $ 41,009 $ 570,361 7% O Q d 2 C to c U- t r C O O Q. N Ta Z C ev C E t r� C O 2 N N O N d C 7 C d E t V .r Q 26 Packet Pg. 43 I 2.4.b I Page 4 of 6 CITY OF EDMO NDS EXPENDITURES BY FUND - DETAIL 2022 Amended 6/30/2021 6/30/2022 Amount Title Budget Expenditures Expenditures Remaining %Spent PARKS CONSTRUCTION FUND (332) 1 PROFESSIONAL SERVICES $ 95,832 $ 121,636 $ 221,208 $ (125,376) 231% 2 INTERFUND SUBSIDIES 63,000 - 62,656 344 990/0 3 CONSTRUCTION PROJECTS 7,357,188 - 26,059 7,331,129 0% 4 INTEREST - 104,083 2,593,779 (2,593,779) 0% 5 DEBT ISSUE COSTS 98,398 - - 98,398 0% $ 7,614,418 $ 225,719 $ 2,903,702 $ 4,710,716 38% WATER FUND (421) 6 SALARIES AND WAGES 7 OVERTIME 8 BENEFIT S 9 UNIFORMS 10 SUPPLIES 11 WATER PURCHASED FOR RESALE 12 SUPPLIES PURCHASED FOR INVENTORY/RESALE 13 SMALL EQUIPMENT 14 PROFESSIONAL SERVICES 15 COMMUNICATIONS 16 TRAVEL 17 EXCISE TAXES 18 RENTAL/LEASE 19INSURANCE 20 UTILITIES 21 REPAIRS& MAINTENANCE 22 MISCELLANEOUS 23 INTERFUND SUBSIDIES 24 MACHINERY/EQUIPMENT 25 CONSTRUCTION PROJECTS 26 GENERAL OBLIGATION BONDS 27 REVENUE BONDS 28 INTERGOVERNMENTAL LOANS 29 INTEREST 30 OTHER INTEREST & DEBT SERVICE COSTS STORM FUND (422) 31 SALARIES AND WAGES 32 OVERTIME 33 BENEFITS 34 UNIFORMS 35 SUPPLIES 36 SMALL EQUIPMENT 37 PROFESSIONAL SERVICES 38 COMMUNICATIONS 39 TRAVEL 40 EXCISE TAXES 41 RENTAL/LEASE 42INSURANCE 43 UTILITES 44 REPAIR & MAINTENANCE 45 MISCELLANEOUS 46 INTERFUND SUBSIDIES 47 CONSTRUCTION PROJECTS 48 GENERAL OBLIGATION BONDS 49 REVENUE BONDS 50 INTERGOVERNMENTAL LOANS 51 INTEREST 52 OTHER INTEREST & DEBT SERVICE COSTS $ 842,096 $ 335,349 $ 381,385 $ 460,711 45% 24,000 10,395 6,804 17,196 28% 330,100 144,025 160,455 169,645 49% 4,000 2,691 2,659 1,341 66% 150,000 39,524 63,413 86,587 42% 2,170,000 574,330 699,886 1,470,114 32% 170,000 110,579 83,769 86,231 49% 11,000 3,917 2,692 8,308 2 4 % Q 2,237,439 1,117,586 319,295 1,918,144 14% d 30,000 13,920 15,324 14,676 5 1 % 200 - - 200 0% cC 1,649,700 642,514 629,628 1,020,072 38% 152,590 61,436 75,484 77,106 49% cp 122,359 98,196 122,359 (0) 100% 35,000 15,055 17,087 17,913 49% iL 176,130 11,030 21,230 154,900 12% 123,600 91,901 99,973 23,627 81% 645,370 198,136 194,533 450,837 30% p 10,000 - - 10,000 0% 2 1,998,334 7,513 87,212 1,911,122 4% .� 2,870 - - 2,870 0% G 399,780 - - 399,780 0% Q. 25,840 25,839 25,839 1 100% 0 180,580 98,336 104,805 75,775 58% 378 (378) 0% 0 $ 11,490,988 $ 3,602,271 $ 3,114,209 $ 8,376,779 27% ev C $ 734,284 $ 348,704 $ 384,271 $ 350,013 52% jL 26,000 13,945 9,824 16,176 38% a, 294,767 153,422 159,458 135,309 54% t 6,500 4,555 5,543 957 85% C 46,000 22,686 28,774 17,226 63% 0 2 4,000 304 985 3,015 25% 3,481,263 801,072 412,052 3,069,211 12% N 3,200 2,634 2,660 540 8 3 % N 4,300 150 1,982 2,318 46% d 470,100 308,155 337,572 132,528 72% 267,150 132,220 131,662 135,488 49% 82,335 66,228 82,335 (0) 100%: 10,500 7,047 7,853 2,647 75% CD 67,130 19,629 11,852 55,278 18% E 232,300 133,058 110,513 121,787 48% tl 297,787 76,327 74,810 222,977 25% ca 3,137,333 32,679 281,617 2,855,716 9% Q 104,540 - - 104,540 0% 195,390 - - 195,390 0% 53,590 53,576 61,590 (8,000) 115% 101,180 58,672 61,859 39,321 61% - - 165 (165) 0% $ 9,619,649 $ 2,235,061 $ 2,167,378 $ 7,452,271 23% 27 Packet Pg. 44 I 2.4.b I Page 5 of 6 CITY OF EDMO NDS EXPENDITURES BY FUND - DETAIL 2022 Amended 6/30/2021 6/30/2022 Amount Title Budget Expenditures Expenditures Remaining %Spent SEWER FUND (423) 1 SALARIES AND WAGES $ 2,090,461 $ 879,906 $ 897,697 $ 1,192,764 430% 2 OVERTIME 95,000 65,078 70,432 24,568 740/c 3 BENEFITS 847,408 391,443 359,571 487,837 420% 4 UNIFORMS 9,500 8,011 7,399 2,101 78°/a 5 SUPPLIES 421,000 208,428 155,544 265,456 37°/a 6 FUEL CONSUMED 60,000 50,107 - 60,000 0% 7 SUPPLIES PURCHASED FOR INV OR RESALE 4,000 - - 4,000 00/0 8 SMALL EQUIPMENT 35,000 74,469 99,144 (64,144) 283°/a 9 PROFESSIONAL SERVICES 2,315,884 2,198,972 1,124,702 1,191,182 490/c 10 COMMUNICATIONS 43,000 19,849 22,230 20,770 520/c 11 TRAVEL 5,000 1,919 - 5,000 00/0 12 EXCISE TAXES 978,000 548,220 505,350 472,650 52°/a 13 RENTAL/LEASE 317,410 189,365 160,257 157,153 50°/a 14 INSURANCE 202,407 162,851 203,936 (1,529) 101% 15 UTILITIES 1,532,060 659,985 1,181,279 350,781 77% 16 REPAIR & MAINTENANCE 790,630 217,087 492,934 297,696 62% 17 MISCELLANEOUS 126,350 - 68,126 58,224 54% 18 MACHINERY/EQUIPMENT - 72,232 122,258 (122,258) 0% 19 INTERFUND SUBSIDIES 6,388,519 1,953,015 319,999 6,068,520 5% 20 CONSTRUCTION PROJECTS 12,520,297 4,018,210 1,989,039 10,531,258 16% 21 GENERAL OBLIGATION BONDS 126,500 - - 126,500 0% 22 REVENUE BONDS 89,840 - - 89,840 0% 23 INTERGOVERNMENTAL LOANS 174,610 158,667 159,017 15,593 91% 24 INTEREST 356,980 199,266 179,830 177,150 50% 25 DEBT ISSUE COSTS - 1,518 - - 0% 26 OTHER INTEREST & DEBT SERVICE COSTS - 2 252 2 959 (2 959) 0% $ 29,529,856 $ 12,080,851 $ 8,121,701 $ 21,408,155 28% BOND RESERVEFUND (424) 27 REVENUE BONDS $ 810,010 $ - $ - $ 810,010 0% 28 INTEREST 1,178,700 600,417 589,342 589,358 50% $ 1,988,710 $ 600,417 $ 589,342 $ 1,399,368 3 0 % Q 28 Packet Pg. 45 I 2.4.b I Page 6 of 6 C ITY O F EDMO NDS EXPENDITURES BY FUND - DETAIL 2022 Amended 6/30/2021 6/30/2022 Amount Title Budget Expenditures Expenditures Remaining %Spent EQ UIPNIENT RENTAL FUND (511) 1 SALARIES AND WAGES $ 275,712 $ 136,488 $ 168,065 $ 107,647 61 ON 2 OVERTIME 2,000 1,573 222 1,778 110/0 3 BENEFITS 112,077 57,574 55,921 56,156 50% 4 UNIFORMS 1,500 1,022 838 662 56% 5 SUPPLIES 120,000 31,054 57,956 62,044 48% 6 FUEL CONSUMED 1,000 - - 1,000 0% 7 SUPPLIES PURCHASED FOR INVENTORY/RESALE 268,000 101,031 181,762 86,238 68% 8 SMALL EQUIPMENT 58,000 5,979 2,282 55,718 4% 9 PROFESSIONAL SERVICES 46,750 684 752 45,998 2% 10 COMMUNICATIONS 3,000 1,095 1,088 1,912 36% 11 TRAVEL 1,000 - - 1,000 0% 12 RENTAL/LEASE 11,160 6,198 5,184 5,976 46% 13INSURANCE 49,172 39,334 51,903 (2,731) 106% 14 UTILITIES 14,000 8,983 10,912 3,088 78% 15 REPAIRS& MAINTENANCE 60,000 8,734 14,224 45,776 24% 16 MISCELLANEOUS 12,000 7,723 5,139 6,861 43% 17 MACHINERY/EQUIPMENT 915,000 216,503 117,710 797,290 13% $ 1,950,371 $ 623,977 $ 673,957 $ 1,276,414 350/c TEC HNO LO GY RENTAL FUND (512) 18 SALARIES AND WAGES $ 442,074 $ 154,630 $ 145,073 $ 297,001 33% 19 OVERTIME 2,000 1,583 169 1,831 8% 20 BENEFITS 159,538 52,627 57,164 102,374 36% 21 SUPPLIES 5,000 3,012 4,196 804 84% 22 SMALL EQUIPMENT 357,900 10,575 22,268 335,632 6% 23 PROFESSIONAL SERVICES 61,860 20,352 11,138 50,722 18% 24 COMMUNICATIONS 58,770 39,408 38,625 20,145 66% 25 TRAVEL 1,500 - - 1,500 0% 26 RENTAL/LEASE 7,460 2,200 2,230 5,230 30% 27 REPAIRS & MAINTENANCE 381,920 234,196 397,181 (15,261) 104% 28 MISCELLANEOUS 5,000 1,153 841 4,159 17% 29 MACHINERY/EQUIPMENT 56,000 - 26,346 29,654 47% $ 1,539,022 $ 519,736 $ 705,231 $ 833,791 46% FIREMAN'S PENSION FUND (617) 30 BENEFITS $ $ 12,911 $ - $ - 0% 31 PENSION AND DISABILITY PAYMENTS 30,237 - 0% $ - $ 43,148 $ $ - 0% TOTAL EXPENDITURE ALL FUNDS $ 147,140,570 $ 44,316,612 $ 45,513,301 $ 101,627,269 317N Q 29 Packet Pg. 46 2Ab Page 1 of 1 C ITY O F IDMO NDS EXPENDITURES - GENERAL FUND - BY DEPARTMENT IN SUMMARY 2022 Amended 6/30/2021 6/30/2022 Amount Title Budget Expenditures Expenditures Remaining %Spent CITY COUNCIL OFFICE OF MAYOR HUMAN RESOURCES MUNICIPAL COURT CITY CLERK ADMINISTRATIVE SERVICES CITY ATTORNEY NON -DEPARTMENTAL POLICE SERVICES SATELLITE OFFICE COMMUNITY SERVICES✓ECONOMIC DEV DEVELOPMENT SERVICES HUMAN SERVICES PROGRAM PARKS & RECREATION PUBLIC WORKS FACILITIES MAINTENANCE Title $ 497,900 $ 164,613 $ 157,419 $ 340,481 32% 443,913 166,677 178,561 265,352 40% 824,831 368,323 458,397 366,434 56% 1,368,755 535,746 591,066 777,689 43% - 351,029 - - 0% 2,156,911 625,371 1,088,001 1,068,910 50% 971,780 404,226 465,893 505,887 48% 15,574,121 6,412,264 7,622,093 7,952,028 49% Q 13,375,470 5,731,600 6,213,167 7,162,303 46% d is 166,576 - 37,314 129,262 C 719,388 263,632 250,483 468,905 35% 3,791,859 1,471,283 1,678,976 2,112,883 44% 459,109 27,733 49,010 410,099 11% 5,125,535 2,002,869 2,119,385 3,006,150 41% O 3,459,449 1,600,266 1,509,229 1,950,220 44% r O 3,425,275 989,625 1,081,995 2,343,280 32% N $ 52,360,872 $ 21,115,256 $ 23,500,987 $ 28,859,885 45% ca Z C O C LL CITY OF E DMO NDS t EXPENDITURES - UTILITY- BY FUND IN SUMMARY O 2022 Amended 6/30/2021 6/30/2022 Amount 2 Budget Expenditures Expenditures Remaining %Spent N ^ WATER UTILITYFUND $ 11,490,988 $ 3,602,271 $ 3,114,209 $ 8,376,779 27% N STORM UTILITY FUND 9,619,649 2,235,061 2,167,378 7,452,271 23% G1 = SEWER/WWTP UTILITY FUND 29,529,856 12,080,851 8,121,701 21,408,155 28% BOND RESERVE FUND 1,988,710 600,417 589,342 1,399,368 30% O t $ 52,629,203 $ 18,518,601 $ 13,992,630 $ 38,636,573 27% R w Q 30 Packet Pg. 47 I 2Ab I Page 1 of 2 C ITY O F EDMO NDS EXPENDITURES - GENERAL FUND - BY DEPARTMENT IN DETAIL Title 2022 Amended Budget 6/30/2021 Expenditures 6/30/2022 Expenditures Amount Remaining %Spent CPIY COUNCIL SALARIES AND WAGES $ 204,132 $ 100,010 $ 88,197 $ 115,935 43% BENEFITS 121,868 52,262 47,038 74,830 39% SUPPLIES 2,000 1,708 1,069 931 53% SERVICES 169,900 10,632 21,116 148,784 12% $ 497,900 $ 164,613 $ 157,419 $ 340,481 32% O FFIC E O F MAYO R SALARIES AND WAGES $ 232,296 $ 114,747 $ 124,292 $ 108,004 54% BENEFITS 81,787 42,250 42,870 38,917 52% SUPPLIES 1,500 311 1,643 (143) 110% SERVICES 128,330 9,369 9,755 118,575 8% $ 443,913 $ 166,677 $ 178,561 $ 265,352 40% HUMAN RESOURCES _ SALARIES AND WAGES $ 398,299 $ 201,759 $ 234,176 $ 164,123 59% O Q BENEFITS 142,526 76,531 80,361 62,165 56% SUPPLIES 13,600 896 701 12,899 5% SERVICES 270,406 89,138 143,158 127,248 53% 2 v $ 824,831 $ 368,323 $ 458,397 $ 366,434 56% r- MUNICIPAL C O URT C SALARIES AND WAGES $ 910,606 $ 337,607 $ 379,034 $ 531,572 42% LL BENEFITS 217,654 113,230 116,480 101,174 54% 2% SUPPLIES 11,600 3,065 4,829 6,771 42% SERVICES 228,895 81,843 90,724 138,171 40% O $ 1,368,755 $ 535,746 $ 591,066 $ 777,689 43% C ITY CLERK SALARIES AND WAGES $ $ 166,661 $ - $ 0% 0 BENEFITS 67,480 0% SUPPLIES - 781 - 0% c� SERVICES - 116,107 - 0% $ - $ 351,029 $ - $ 0% ADMINIS TRATIVE S ERVIC ES C SALARIES AND WAGES $ 1,301,073 $ 405,027 $ 665,439 $ 635,634 51% LL BENEFITS 413,858 135,401 213,378 200,480 52% ZI t SUPPLIES 13,000 2,137 6,253 6,747 48% SERVICES 428,980 82,806 202,930 226,050 47% O 2 $ 2,156,911 $ 625,371 $ 1,088,001 $ 1,068,910 50% N C ITY ATTO RNEY NC SERVICES $ 971,780 $ 404,226 $ 465,893 $ 505,887 48% N $ 971,780 $ 404,226 $ 465,893 $ 505,887 48% NON -DEPARTMENTAL O SALARIES AND WAGES $ 101,750 $ - $ - $ 101,750 0% BENEFITS 145,504 24,849 62,143 83,361 43% SUPPLIES 5,000 1,152 - 5,000 0% d i= SERVICES 13,557,619 6,041,230 6,894,945 6,662,674 51% t INTERFUND SUBSIDIES 1,435,000 284,945 592,500 842,500 41% DEBT SERVICE - PRINCIPAL 55,170 - - 55,170 0% r Q DEBT SERVICE - INTEREST 274,078 60,087 72,505 201,573 26% $ 15,574,121 $ 6,412,264 $ 7,622,093 $ 7,952,028 49% POLICE SERVICES SALARIES AND WAGES $ 8,723,512 $ 3,825,116 $ 3,983,715 $ 4,739,797 46% BENEFITS 2,994,876 1,354,132 1,402,791 1,592,085 47% SUPPLIES 281,569 120,820 107,199 174,370 38% SERVICES 1,375,513 431,532 623,118 752,395 45% MACHINERY/EQUIPMENT 96,343 (96,343) 0% $ 13,375,470 $ 5,731,600 $ 6,213,167 $ 7,162,303 46% S ATELLITE O FFIC E SALARIES AND WAGES $ 25,000 $ - $ - $ 25,000 0% BENEFIT S 5,000 - 5,000 0% SUPPLIES 12,000 11,057 943 92% SERVICES 124,576 26,257 98,319 21% $ 166,576 $ $ 37,314 $ 129,262 22% 31 Packet Pg. 48 Page 2 of 2 C ITY O F EDMO NDS EXPENDITURES - GENERAL FUND - BY DEPARTMENT IN DETAIL 2022 Amended 6/30/2021 6/30/2022 Amount Title Budget Expenditures Expenditures Remaining %Spent COMMUNITY SERVICES/ECON DEV. SALARIES AND WAGES $ 365,627 $ 146,764 $ 99,087 $ 266,540 27% BENEFITS 111,361 44,843 32,127 79,234 29% SUPPLIES 4,075 111 269 3,806 7% SERVICES 238,325 71,914 119,000 119,325 50% $ 719,388 $ 263,632 $ 250,483 $ 468,905 35% DEVELO PMEVT S ERVIC ES /PLANNING SALARIES AND WAGES $ 1,978,832 $ 939,641 $ 1,017,598 $ 961,234 51% BENEFITS 681,706 326,942 351,886 329,820 52% SUPPLIES 19,400 3,287 4,133 15,267 21% SERVICES 1,111,921 201,412 305,360 806,561 27% MACHINERY/EQUIPMENT 0% $ 3,791,859 $ 1,471,283 $ 1,678,976 $ 2,112,883 44% HUMAN SERVICES PROGRAM SALARIES AND WAGES $ 101,496 $ 22,372 $ 32,570 $ 68,926 32% BENEFITS 29,113 5,110 7,196 21,917 25% SUPPLIES 15,000 - 442 14,558 3% SERVICES 313,500 251 8,802 304,698 3% 459,109 27,733 49,010 410,099 11% PARKS & REC REATIO N SALARIES AND WAGES $ 2,627,863 $ 1,139,793 $ 1,169,918 $ 1,457,945 45% BENEFITS 865,945 418,563 404,786 461,159 47% SUPPLIES 166,640 87,599 115,179 51,461 69% SERVICES 1,465,087 356,914 429,502 1,035,585 29% $ 5,125,535 $ 2,002,869 $ 2,119,385 $ 3,006,150 41% PUBLIC WORKS ADMINISTRATION SALARIES AND WAGES $ 387,424 $ 149,786 $ 65,140 $ 322,284 17% BENEFITS 126,689 53,170 31,451 95,238 25% SUPPLIES 9,600 6,976 2,519 7,081 26% SERVICES 90,400 44,094 41,574 48,826 46% $ 614,113 $ 254,025 $ 140,684 $ 473,429 23% FACILITIFS MAINTENANCE SALARIES AND WAGES 860,456 384,227 429,253 431,203 50% BENEFIT S 369,679 168,643 172,048 197,631 47% SUPPLIES 128,000 61,773 41,268 86,732 32% SERVICES 1,796,960 374,982 394,231 1,402,729 22% MACHINERY/EQUIPMENT 270,180 - 45,195 224,986 17% $ 3,425,275 $ 989,625 $ 1,081,995 $ 2,343,280 32% ENGINEERING SALARIES AND WAGES $ 1,866,128 $ 883,236 $ 923,510 $ 942,618 49% BENEFITS 702,578 354,367 340,861 361,717 49% SUPPLIES 2,200 795 - 2,200 0% SERVICES 274,430 107,843 104,174 170,256 38% $ 2,845,336 $ 1,346,241 $ 1,368,545 $ 1,476,791 48% TOTAL GENERAL FUND EXPENDITURES $ 52,360,872 $ 21,115,256 $ 23,500,987 $ 28,859,885 45% r� Q 32 Packet Pg. 49 2.4.b GENERAL FUND OVERVIEW BALANCES CHANGE IN FUND BALANCES GENERAL FUND ---- ACTUAL ---- ---- ACTUAL ---- & SUBFUNDS 6/30/2022 6/30/2022 Q2 YTD Fund Balance Cash Balance 001-General Fund * $ 14,388,014 $ 6,904,231 $ 3,027,697 $ (1,543,336 009-Leoff-Medical Ins. Reserve 224,192 224,192 57,060 (31,026 011-Risk Management Reserve Fund 25,000 25,000 - - 012-ContingencyReserve Fund 1,782,150 1,782,150 - - 014-Historic Preservation Gift Fund 16,422 16,421 - - 0 a 016-Building Maintenance 4,400,553 4,400,554 1,816 554 W 017 - Marsh Restoration & Preservation 848,617 848,616 - - .v 018 - Edmonds Homelessness Response Fd 200,000 200,000 200,000 200,000 Total General Fund & Subfunds $ 21,884,948 $ 14,401,163 $ 3,286,573 $ (1,373,808 LL c *$8,067,160 of the fund balance in Fund 001 added to the $1,782,150 balance in Fund 012, represent the required �0 20% operating reserve. 0 There are no interfund loans outstanding at this time. c c ii GOVERNMENTAL FUNDS OVERVIEW 2' 0 2 N N O N N BALANCES CHANGE IN FUND BALANCES ---- ACTUAL ---- ---- ACTUAL ---- r c GOVERNMENTAL FUNDS 6/30/2022 6/30/2022 Q2 — YTD — E Fund Balance Cash Balance c� General Fund & Subfunds $ 21,884,948 $ 14,401,163 $ 3,286,573 $ (1,373,808 Q Special Revenue 22,761,905 21,233,780 3,713,230 4,383,184 Capital Projects 2,039,333 2,289,500 (1,252,457) (2,074,530 Total Governmental Funds $ 46,686,186 $ 37,924,443 $ 5,747,347 $ 934,845 *Please note that these revenues and expenses occur within annual cycles. This Interim Report is not adjusted for accruals or those annual cycles. 33 Packet Pg. 50 2.4.b SPECIAL REVENUE FUNDS OVERVIEW BALANCES CHANGE IN FUND BALANCES GOVERNMENTAL ---- ACTUAL ---- ---- ACTUAL ---- SPECIAL REVENUE 6/30/2022 6/30/2022 Q2 YTD Fund Balance Cash Balance 104 - Drug Enforcement Fund $ 76,076 $ 76,576 $ 324 $ 901 1 1 1 - Street Fund 739,792 603,307 79,264 (21 1,373 112- Combined Street Const/Improve 3,219,823 2,084,785 309,484 981,375 117 - Municipal Arts Acquis. Fund 718,802 722,265 5,634 69,924 120 - Hotel/Motel Tax Revenue Fund 89,031 75,794 6,508 17,917 121 - Employee Parking Permit Fund 88,818 89,212 4,048 12,294 a 122 - Youth Scholarship Fund 14,431 14,503 61 171 123 -Tourism Promotional Fund/Arts 111,143 107,077 7,973 15,172 125 - Real Estate Tax2 4,154,002 4,079,117 96,203 100,587 126 - Real Estate Excise Tax 1 * 4,106,198 3,935,112 502,714 792,859 127 - Gifts Catalog Fund 3,246,282 3,247,864 2,881,289 2,944,757 u_ 130-CemeteryMaintenance/Improvement 283,637 285,046 11,419 17,432 136 - Parks Trust Fund 168,062 168,929 (1,822) (528 c 137 - Cemetery Maintenance Trust Fund 1,130,240 1,135,937 9,134 23,165 2 138- Sister City Comm ission 18,097 18,177 2,498 2,617 le- 140 -Business Improvement Disrict 53,845 53,846 (1,597) 24,714 o 141 -Affordable and Supportive Housing I'd 183,701 176,308 1,253 24,287 m 142 - Edmonds Rescue Plan Fund 4,339,048 4,339,048 (201,157) (433,332 143 -Tree Fund 20,877 20,877 - W Total Special Revenue $ 22,761,906 $ 21,233,780 $ 3,713,230 $ 4,383,184 *$200,000 of the fund balance in Fund 126 has been reserved for Marsh Restoration Funding, as well as $500,000 for the purchase of Open Space. 2+ ENTERPRISE FUNDS OVERVIEW r c 2 N N O N N C 3 7 BALANCES CHANGE IN FUND BALANCES a� ENTERPRISE ---- ACTUAL ---- ---- ACTUAL ---- E FUNDS 6/30/2022 6/30/2022 Q2 YTD Fund Balance Cash Balance Q 421 -Water Utility Fund $ 30,415,298 $ 8,231,193 $ 556,701 $ 1,688,131 422-Storm Utility Fund" 16,767,735 6,616,665 278,943 1,120,358 423-Sewer/WWTPUtility Fund 61,216,123 16,618,742 (560,785) 863,594 424-Bond Reserve Fund 845,769 845,769 1,805 1,808 411 -Combined Utility Operation 82,560 122,447 35,770 82,560 Total Enterprise Funds $ 109,327,486 $ 32,434,815 $ 312,433 $ 3,756,450 *$250,000 of the Storm Utility Fund Balance has been reserved for Marsh Restoration Funding. *Please note that these revenues and expenses occur within annual cycles. This Interim Report is not adjusted for accruals or those annual cycles. 34 Packet Pg. 51 2.4.b SUMMARY OVERVIEW BALANCES CHANGE IN FUND BALANCES ---- ACTUAL ---- ---- ACTUAL ---- CITY-WIDE 6/30/2022 6/30/2022 Q2 YTD Fund Balance Cash Balance Governmental Funds $ 46,686,186 $ 37,924,443 $ 5,747,347 $ 934,845 Enterprise Funds 109,327,486 32,434,815 312,433 3,756,450 Internal Services Fund 10,404,747 5,980,148 210,841 117,195 Total City-wide Total $ 166,418,419 $ 76,339,407 $ 6,270,621 $ 4,808,491 0 a m �a INTERNAL SERVICE FUNDS OVERVIEW u_ 0 BALANCES CHANGE IN FUND BALANCES ---- ACTUAL ---- ---- ACTUAL ---- Fa INTERNAL SERVICE FUNDS 6/30/2022 6/30/2022 Q2 YTD Fund Balance Cash Balance c ii 511 - Equipment Rental Fund $ 9,450,950 $ 5,199,074 $ 124,919 $ 242,439 >+ 512 -Technology Rental Fund 953,797 781,074 85,922 (125,244 r c 0 Total Internal Service Funds $ 10,404,747 $ 5,980,148 $ 210,841 $ 117,195 N 0 N N C 3 7 r C N E L V Q *Please note that these revenues and expenses occur within annual cycles. This Interim Report is not adjusted for accruals or those annual cycles. 35 Packet Pg. 52 June 2022 Monthly Financial Report August 9, 2022 OF Eb4Q�O w Packet Pg. 53 F 0 a a� �a c c� c ii 21 r c 0 2 CD 0� 0 E E 0 U a� v c to c ii c w E t U ca Q Noteworthy items: 0 0 • Page 4 & 19 — REET revenues are down a total of $(384,591) from this time last year, but still right on budget. • Page 19 — The difference for Fund 422 is primarily due a Grant reimbursement in January of 2021. U- • Page 19 —Fund 112 -The large Traffic Impact Fee that was received in March of 2022 was for $133,582. .� • Page 19 — Fund 332 — The large Park Impact Fee that was received in March of 2022 was for $288,260. • Page 21— Sales Tax is up $604,919 from this time last year. • Page 21— Gas Utility Tax is up $71,348 from this point in time last year; this is not due to a timing difference, but, 00 likely due to the unusually cold and rainy first half of 2022. 0 • Page 22 — Plan Checking Fees are down $(87,441) from this point in time last year, while Building Structure Permits 0 E are up $54,450 from this point in time last year. The overall outlook for Development Services remains favorable. • Page 22 — Parks & Recreation Program Fees are up $104,638 from this point in time last year. • Page 22 — Interfund Reimbursement — Contract Services — January through June of 2022 Engineering Overhead has U- not yet been recorded; January through June of 2021 was a total of $1,090,344. 0 • Page 23 — As expected, total Interest Earnings for all funds are down a total of $(81,544) from this time last year; Fund E 001 interest is down $(34,699). a F. D Packet Pg. 54 General Fund Spending for 6 months ended June 30 $2.5 million under budget General Fund Cumulative Monthly YTB Va ria nce Budget Forecast Budget Forecast Actuals % 55,400,00 C Ge ne i-al Duid January $ 5,142r528 5,142,529 4,601,62-5 -13.8796 50,000, CI, February 9,225,120 3,882,592 8,134,057 -11,83% 5a 000 C) March 13,451,045 4,227,925 11,966,C23 -11..05% ,000,000 April 17,154,991 3,701,846 15,469,511 -9.82% 35,00O, (" A40V 21,081,164 3,926,271 19 144 529 -9.19% 30,000,00c. 25,000,00() 20,000,000 - June 25,951,408 4,872,244 23,500,987 -9.45% itify 10,083,274 4,129,866 15,DO0,{10 Augvst 33,991,194 3,907,920 10,DO0,00 September 38,121,718 4,130,524 5,000,000 October 42,646,764 4,525,046 0 November 47,397,112 4,750,547 JAN FEB AdAR APR MAY JUN JUL ALIT SFP OCT NOV DEC December 52,360,872 4,963,560 --i—CwTr mt Year —Budget PricrYear � n E. E. 0 aL 0 w C CU c ii 0 a� 0 00 0 a� a� a� r r E E 0 U a� v c CU c ii c w E CU a Packet Pg. 55 Sales Tax Revenues for 6 months ended June 30 $605,000 ahead of last year, and $730,000 ahead of budget Sales and Use Tax Cumulative Morthly YTD Variance Budget Forecast Budget Forecast ActuaIs % JGnunry $ I63,651 $ 763,651 $ 857,872 12.34% Feb riinry 1,704,609 940,959 1,853,000 8.71% March 2,420,254 715,646 2,666,259 10.16% April 3,074,639 654,384 3,469,412 12.84% May 3,893,081 818,442 4,483,349 15.16% June 4,672,507 119,426 5,402,133 15.62% July 5,523,403 850,896 August 6,439,084 915,680 September 7,293,649 8.54,565 October 8,203,996 910,34/ November 9,139,425 935,429 December 10,000,000 860,515 Sales and iTse Tax 11.000.000 10.000.000 9.00a000 s.000 000 7.000.000 6.000.000 5.000.000 4.000.000 3.000.000 2.000.000 1.000.000 0 JAN FEB ILL-kR APR MAY JLTN JLTL AUG SEP OCT NOV DEC --D-- C'uirent Year -Bud2et Prior Year E. E. 0 aL 0 w CU _ i- t r _ 0 00 0 vM a� a� r E E 0 U a� U _ �a _ ii _ w E t U 2 a Packet Pg. 56 Sales Tax Revenues for 12 months ended June 30, by Category Sales Tax Analysis By C ategoii- un-ent Pedod: June 202 Year -to -Date Total 940 J3 Health & Autoimtive Repair, lsines s Services, 604.914 ConstructioaTmde. Personal $115,946 836,588 Care- 6A semeut Gasoline, $15,526 $138,86 Recce tion. S35.935 Acconxmdatian, Retail Food Stores, 19,092. $171,442 Clothing and Accessanes_5167,490 R&O Automa commMuications, disc RetaiL 51313.688 $123,400 S"8_S11 Wholesale Trade_ 5179,266 Others. $107.M Manufacturing, $60.811 Eating & Ihialang, $562,555 ;�rQ Packet"Pg. 57 Real Estate Excise Tax Revenues for 6 months ended June 30 Under budget by $16,000 (99.16% of budget) Real Estate Excise Tax 1 & ? Cumulative Monthly YTa Variance Budget Forecast Budget Forecast Actua Is % lanDory 381,007 381,097 5 3 77,89 5 4V. Februory 611,562 230,465 620,392 1.44 A40rch 952,142 340,580 703,526 -16.62 Aprif 1,227,434 275,291 1,165,930 -5.01 May 1,596,772 35S,339 1,544,140 -2.69 �urre 1,961,879 375,106 1,945,474 -0.84% Iuiy 2,358, 248 406,370 August 2,810,074 441,826 September 3,256,638 446,564 October 3,660,486 403,849 November 4,056,561 396,075 December 4,400,000 343,439 I , 50 0,000 7000, 00 50 O,OOD 700 0,000 37500,000 3,00O,ODD 5OO,OOD 00 0,OOD 175007000 1700 07000 50 0, D00 0 JAIN Real Estate Excise Tax 1 FEB MAR APR MAY JUN JUL AUGSEP �CnrrentYear -Budget priorYear Q[ .'T NOV DEC 1 LO Packet Pg. 58 E. E. 0 0 Cu U- c 0 0 of 0 E E 0 U a� c c U- c 0 E Q Preliminary results are in for last year: The General Fund's ending fund balance at 12/31/2021 is $15.9 million. See attached P&L. Ending Fund Balance - General Fund $18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 2015 2016 2017 2018 2019 2020 2021 pp ED4Q�O w Packet Pg. 59 Thank you. OF EbAfQ�O w Packet Pg. 60 a