Supporting Document (bbaf74f4...)

Item 22
CITY council
REPORT
Meeting Date: 
Charter Provision:
Objective:
ACTION
May 19,2026
Provide for the orderly government and administration of the 
affairs of the City 
Adopt Budgets
Accept the Fiscal Year 2025/26 Quarterly Financial Report showing activity through March 
2026.
BACKGROUND
Each month, the city publishes a year-to-date Financial summary of revenues and expenditures 
by major categories for the General Fund, which also includes the Ambulance Service Fund, 
highlighting significant variances. Quarterly, the summary is expanded to include the 
Transportation Fund, Tourism Development Fund, Enterprise Funds, Fleet Management Fund, 
Fleet Replacement Fund, Risk Management Fund, Healthcare Self Insurance Fund, Stadium 
Facility Fund, and WestWorld Statement of Operations.
The FY 2025/26 budget was adopted June 10,2025, by Ordinance No. 4670 and No. 4671.
A monthly update comparing General Fund actual results for fiscal year-to-date through March 
2026 to prior years was sent in an email by the City Treasurer to the City Council on April 21, 
2026.
ANALYSIS & ASSESSMENT
There are no proposed FY 2025/26 budget adjustments or use of contingency requested for the 
March 2026 Quarterly Financial Report.
OPTIONS & STAFF RECOMMENDATION
Staff recommends the acceptance of the Fiscal Year 2025/26 Quarterly Financial Report as of 
March 2026.
Action Taken .
Blueink Bundle ID: wBAkc29IOx

City Council Report | ACCEPT MARCH 2026 FINANCIAL REPORT
RESPONSIBLE DIVISION(S)
City Treasurer
STAFF CONTACTCS)
Scott Selin, Budget Director, [480] 312-2603, sselin@scottsdaleaz.gov
APPROVED BY
Sonia,
5/5/26
Sonia Andrews, City Treasurer/Chief Financial Officer 
[480] 312-2364. sandrews@scottsdaleaz.gov
Date
ATTACHMENTS
1. Quarterly Financial Report Fiscal Year-to-Date as of March 2026.
Page 2 of 2
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Monthly Financial Report
Fiscal Year to Date as of 
March 31, 2026
Report to the City Council
Prepared by the City Treasurer's Office
May 19,2026
si
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General Fund
Sources
Twelve Months: Fiscal Year
Taxes - Local
Property Tax
Tg;
202.7
40.0
State Shared Revenues
Charges for Service/Other
License Permits & Fees
Fines Fees& Forfeitures
97.2
ass
7.2
19.7
19.5
Interest Earnings
Building Pernnit Fees & Charges
11.1
23.8
Other Revenue
Indirect/Direct Cost Allocations
Transfers In
0
■9.2
SO.O
IFY 2023/24 
Actuals
20.8
S50.0
■ FY 2024/25 
Actuals
SlOO.O 
$150.0 
$200.0
■ FY 2025/26 Approved Budget
5250.0
FY 2023/24 
Actuals
FY 2024/25 
Actuals
Taxes - Local 
Property Tax 
State Shared Revenues 
Charges for Service/Other 
License Permits & Fees 
Fines Fees & Forfeitures 
Interest Earnings 
Building Permit Fees & Charges 
Other Revenue
Indirect/Direct Cost Allocations 
Transfers In
S208.0
36.5
113.7
19.2
11.3 
7.1
14.4 
21.7
0.1
8.3
18.0
FY 2025/26 
Approved Budget
$212.1
32.3 
102.7
21.6
13.3 
7.7
16.6
23.2
9.3
17.2
$202.7
40.0
97.2
19.7 
19.5
7.2 
11.1
23.8
9.2
20.8
Total Sources
$458.3
$456.1
$451.2
Blueink 
differences and blank lines may occur.
March 2026 
Page 1 of 42

General Fund
Sources (Fiscal Year to Date: March 2026)
Taxes ■ Local
r?T158.9
Property Tax
31.7
State Shared Revenues
74.4
Charges for Service/Other
16.4
License Permits & Fees
Fines Fees & Forfeitures
11.7
■
Interest Earnings
5.5
14.5
Building Permit Fees & Charges I
16.6
Indirect/Direct Cost Allocations b 9.3
Transfers In
.6
SO.O 
S20.0 
$40.0 
$60.0 
$80.0 
$100.0 
$120.0 
$140.0 
$160.0 
$180.0
IFY 2023/24 Actuals BFY 2024/25 Actuals ■FY 2025/26 Actuals FY 2025/26 Approved Budget
Taxes • Local 
Property Tax 
State Shared Revenues 
Charges for Service/Other 
License Permits & Fees 
Fines Fees & Forfeitures 
Interest Earnings 
Building Permit Fees & Charges 
Indirect/Direct Cost Allocations 
Transfers In
FY 2023/24 
Actuals
$154.0
24.6 
84.9
16.7 
8.4 
5.1 
9.6
16.8 
6.3
14.6
FY 2024/25 
Actuals
FY 2025/26
FY 2025/26
Actuals Approved Budget
$164.5
20.3
76.3 
15.0
9.4
5.6
11.9 
16.8
9.2
12.9
$158.9
31.7
74.4
16.4
11.7
5.5
14.5
16.6 
9.3
8.6
$154.7
27.4
72.1
13.5
14.2
5.2 
8.1
17.7
9.3 
8.6
Variance
Amount
$4.3
4.2
2.2 
2.8
(2.5)
0.2
6.4
(1.1)
Variance
Percent
3%
15%
3%
21%
(17%)
4%
80%
(6%)
Total Sources
$341.0
$341.9
$347.4
$330.9
$16.6
5%
Note: $ in millions/rounding differences and blank lines may occur.
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March 2026 
Page 2 of 42

General Fund
Taxes - Local (Fiscal Year to Date: March 2026)
FY 2023/24 FY 2024/25 FY 2025/26
FY 2025/26 Variance
Actuals
Actuals
Actuals Approved Budget /Vnount
Variance
Percent
Sales Tax 1.10%
Electric & Gas Franchise 
Cable TV License Fee 
Sait River Project In Lieu 
Stormwater Fee
$143.8 
$153.8 
$148.4 
$144.8 
$3.6
7.8 
8.4 
8.2 
7.6 
0.6
1.7 
1.6 
1.5 
1.4 
0.0
0.1 
0.1 
0.1 
0.1
0.7 
0.7 
0.7 
0.7
2%
8%
2%
Taxes - Local Total
$154.0 
$164.5
$158.9
$154.7
$4.3
3%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $4.3 million or 3%:
The favorable variance is primariiy due to Sales Tax. See detailed information regarding Saies Tax in the Saies Tax 1.10% section. The 
favorabie variance in Electric & Gas Franchises Fees is due to higher than anticipated electricity usage; the positive variance is partiaily 
offset by lower than anticipated gas usage.
Sales Tax 1.10% (Fiscal Year to Date; March 2026)
FY2023/24 
Actuals
FY 2024/25 
Actuals
FY 2025/26 
Actuals
FY 2025/26 
Approved Budget
Variance
Amount
Variance
Percent
Automotive 
Construction 
Dining/Entertainment 
Food Stores 
Hotel/Motel 
Major Dept Stores 
Misc Retail Stores 
Other Activity*
Rental
Utilities
$16.8
14.9
13.4 
8.0 
7.4
10.0
31.5 
18.0 
19.1
4.6
$18.5
16.2
13.7
8.6
8.2
10.4 
35.0
20.4 
17.9
5.0
$17.2
16.4 
13.6
8.0
8.3
9.9
35.5 
22.3
12.6 
4.7
$18.8
15.9 
12.7
8.5
7.8
10.5
34.5
18.9 
12.3
5.0
($1.6)
0.5
0.9
(0.5)
0.6
(0.7)
1.0
3.4
0.3
(0.3)
(9%)
3%
7%
(6%)
7%
(6%)
3%
18%
3%
(7%)
Sales Tax Total
$143.8 
$153.8
$148.4
$144.8
$3.6
2%
Note; $ in millions/rounding differences and blank lines may occur.
*0ther Activity includes Amusement, Manufacturing, Wholesale and Services with Retail.
Actual to Approved Budget variance of $3.6 million or 2%:
The favorable variance primarily is due to 1) Other Activity - businesses in Services with Retail are generating higher revenues than 
anticipated, the Manufacturing category has seen an increase in purchases that are subject to use tax, and the receipt of one-time 
audit payments; 2) Misc Retail Stores - some businesses have reported higher revenues; 3) Construction - this fiscal year has seen an 
increase in residential/commercial construction and one-time audit payments; and 4) Dining/Entertainment - restaurants are reporting 
higher revenue than anticipated. The favorable variance is partialiy offset by 1) Automotive - businesses in this category have reported 
lower revenues as well as timing differences when tax returns were filed this year versus last year; and 2) Major Dept Stores - 
businesses in these category have generated less taxable revenue than anticipated.
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March 2026 
Page 3 of 42

General Fund
Property Tax (Fiscal Year to Date: March 2026)
FY 2023/24 
Actuals
FY 2024/25 FY 2025/26 FY 2025/26 Variance Variance 
Actuals 
Actuals Approved Budget Amount 
Percent
Property Tax
$24.6
$20.3
$31.7
$27.4
$4.2
15%
Property Tax Total
$24.6
$20.3
$31.7
$27.4
$4.2
15%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $4.2 million or 15%:
The favorable variance is due to a reporting error from Maricopa County that allocated the secondary property tax to the 
primary property tax. The variance will be corrected in the upcoming month.
State Shared Revenues (Fiscal Year to Date: March 2026)
FY 2023/24 FY 2024/25 FY 2025/26
FY 2025/26
Variance
Actuals
Actuals
Actuals Approved Budget Amount
Variance
Percent
State Shared Sales Tax 
State Shared Income Tax 
Auto Lieu Tax
$27.5 
$27.7 
$28.3 
$28.5 
($0.2) 
(1%)
48.3 
39.0 
36.0 
34.7 
1.3 
4%
9.1 
9.5 
10.0 
8.9 
1.1 
13%
State Shared Revenues Total
$84.9
$76.3
$74.4
$72.1
$2.2
3%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $2.2 million or 3%:
The favorable variance is primarily due to 1) State Shared Income Tax ■ the final calculation of State Shared Income Tax 
distribution resulted in revenues to Scottsdale being higher than originally budgeted by a total of $1.7 million during FY 2025/26 
due to a tax credit adjustment, and 2) Auto Lieu Tax - Statewide collections have been higher than originally forecasted.
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March 2026 
Page 4 of 42

General Fund
Charges for Service/Other (Fiscal Year to Date: March 2026)
FY 2023/24 
Actuals
Westworld Equestrian Facility Fees 
Intergovernmental 
Miscellaneous 
Property Rental
$4.2
3.6
4.8
4.0
FY 2024/25 FY 2025/26
Actuals
FY 2025/26
$5.0
4.4
1.4 
4.2
Actuals Approved Budget
$5.0
4.8
1.5
5.0
$3.7
4.6
1.1
4.1
Variance
Amount
$1.3
0.2
0.4
0.9
Variance
Percent
36%
5%
35%
21%
Charges for Service/Other Total
$16.7
$15.0
$16.4
21%
Note: S in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $2.8 million or 21%:
The favorable variance is primarily due to 1) WestWorld Equestrian Facility Fees - payment was received for WestWorld RV rental 
earlier than budgeted; 2) Miscellaneous - timing of receiving expense recovery from Phoenix Dispatch services: and 3) Property Rental - 
higher than anticipated cell tower lease payments and increased golf course revenues.
License Permits & Fees (Fiscal Year to Date: March 2026)
FY 2023/24 
Actuals
Business & Liquor Licenses 
Fire Charges For Services 
Recreation Fees
$2.3
2.1
3.9
FY 2024/25 FY 2025/26
Actuals
FY 2025/26
$2.3
3.0
4.0
Actuals Approved Budget
$2.3
5.3
4.1
$2.3
7.8
4.1
Variance
Amount
$ - 
(2.5)
Variance
Percent
(32%)
License Permits & Fees Total
1117
1147
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of ($2.5) million or (17%):
The unfavorable variance is due to Fire Charges For Services - Ambulance Services Program revenues have come in lower than 
budgeted due to the revenue projections in the adopted budget being projected based on net billings rather than cash collections. The 
revenue forecast methodology has been revised in the FY 2026/27 Proposed Budget to reflect anticipated cash collections.
Fines Fees & Forfeitures (Fiscal Year to Date: March 2026)
FY 2023/24 FY 2024/25 FY 2025/26 FY 2025/26 Variance Variance 
Actuals 
Actuals 
Actuals Approved Budget Amount 
Percent
Court Fines 
Library 
Parking Fines 
Photo Radar 
Jail Dormitory
$2.5
0.2
2.1
0.2
$3.2
0.2
2.0
0.2
$3.1
0.1
2.0
0.2
$3.0
0.2
1.9
0,1
$0.0
0.1
0.1
2%
5%
>100%
Rnes Fees & Forfeitures Total
15.1
$5.6
$5.5
$5.2
$0.2
4%
Note: S in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $0.2 million or 4%:
The favorable variance is due to 1) Photo Radar - higher than anticipated revenue from defensive driving fees in the City Court; and 2)
Jail Dormitory - higher than anticipated participation in the City Jail Dormitory program. The Jail Dormitory program paused beginning 
March 2026 due to the temporary closure of the jail for completion of capital improvements. It is anticipated that revenues will 2026 
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General Fund
Interest Earnings (Fiscal Year to Date: March 2026)
FY 2023/24 FY 2024/25 FY 2025/26 
FY 2025/26 Variance Variance
Actuals 
Actuals 
Actuals Approved Budget Amount 
Percent
Interest Earnings
$9.6
$11.9
$14.5
$8.1
$6.4
80%
Interest Earnings Total
$9.6
$11.9
$14.5
$8.1
$6.4
80%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $6.4 million or 80%:
The favorable variance in Interest Earnings is due to greater than forecasted fund balance.
Building Permit Fees & Charges (Fiscal Year to Date: March 2026)
FY 2023/24 FY 2024/25 FY 2025/26 FY 2025/26 Variance Variance 
Actuals 
Actuals 
Actuals Approved Budget Amount 
Percent
Building Permit Fees & Charges
$16.8
$16.8
$16.6
$17.7 
($1.1)
(6%)
Building Permit Fees & Charges Total
$16.8
$16.8
$16.6
$17.7 
($1.1)
(6%)
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of ($1.1) million or (6%):
The unfavorable variance is due to lower than anticipated revenue generated from plan review fees in the Planning and Development 
Services Department; the variance is partially offset by higher than anticipated building permit and encroachment permit fees resulting 
from increased permit activities and development trends in the Planning and Development Services Department.
Indirect/Direct Cost Allocations (Fiscal Year to Date: March 2026)
FY 2023/24 
FY 2024/25 
FY 2025/26 FY 2025/26 Variance Variance
Actuals 
Actuals 
Actuals Approved Budget Amount Percent
Indirect Costs
Direct Cost Allocation (Fire)
$5.8
0.4
$8.8
0.4
$8.8
0.5
$8.8
0.5
S -
Indirect/Direct Cost Allocations Total
$6.3
$9.2
$9.3
$9.3
$-
Note: S in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $0.0 million or 0%;
Indirect/Direct Cost Allocations are aligned with budget through March 2026.
Transfers In (Fiscal Year to Date: March 2026)
Operating
Enterprise Franchise Fees
FY 2023/24 FY 2024/25 FY 2025/26 FY 2025/26 Variance Variance 
Actuals 
Actuals 
Actuals Approved Budget Amount Percent
$7.5
7.1
$5.0
7.9
$0.5
8.0
$0.5
8.1
$■
Transfers In Total
112.9
$8.6
181^
0%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $0.0 million or 0%; 
Transfers in are aligned with budget through March 2026.
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March 2026 
Page 6 of 42

General Fund
Uses
Twelve Months: Fiscal Year
Personnel Services*
S350.0
Contractual Services
Commodities
Capital Outlays
I
I,
14.3
99.7
Contracts Payable
0.5
Transfers Out
61.3
$0.0
$50.0
Personnel Services* 
Contractual Services 
Commodities 
Capital Outlays 
Contracts Payable 
Transfers Out
$100.0
$150.0
$200.0
$250.0
I FY 2023/24 
■ FY 2024/25 
■ FY 2025/26
Actuals 
Actuals 
Approved Budget
FY 2023/24 
Actuals
$257.3
84.4
12.5 
2.9 
0.4
89.1
Total Uses
$446.7
FY 2024/25 
Actuals
$300.0
$350.0
$272.2
91.7 
12.3
1.4
0.5
64.7
$442.8
FY 2025/26 
Approved 
Budget
$350.0
99.7
14.3 
7.3 
0.5
61.3
$533.1
$400.0
Note; $ in millions/rounding differences and blank lines may occur.
FY 2025/26 Adopted Personnel Services includes a one-time $50 million dollars PSPRS liability paydown.
*
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March 2026 
Page 7 of 42

General Fund
Uses (Fiscal Year to Date: March 2026)
Personnel Services
S261.7
Contractual Services I
ih
74.2
Commodities I 9.1
Capital Outlays
■ 5.2
Contracts Payable
0.5
Transfers Out
33.0
SO.O
S50.0
IFY 2023/24 
Actuals
SlOO.O
I FY 2024/25 
Actuals
$150.0
IFY2025/26 
Actuals
$200.0
FY 2025/26 
Approved Budget
$250.0
$300.0
Personnel Services 
Contractual Services 
Commodities 
Capital Outlays 
Contracts Payable 
Transfers Out
FY 2023/24 
Actuals
$189.2
60.2
6.9
1.0
0.4
53.7
FY 2024/25 
Actuals
FY 2025/26
FY 2025/26
$209.0
73.5
7.6
1.0
0.5
1.0
Actuals Approved Budget
$261.7
74.2
9.1
5.2 
0.5
33.0
$271.3
79.6
10.5
6.4
0.5
33.0
Variance
Amount
$9.7
5.4
1.4 
1.2
Variance
Percent
4%
7%
14%
19%
Total Uses
Note: $ in millions/rounding differences and blank lines may occur.
$4oTX
^177
4%
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March 2026 
Page 8 of 42

General Fund
- -arm
Personnel Services (Fiscal Year to Date; March 2026)
FY 2023/24 FY 2024/25 FY 2025/26
FY 2025/26
Actuals
Actuals
Actuals Approved Budget
Variance
Amount
Salaries 
Overtime 
Health/Dental 
Fringe Benefits 
Retirement 
Contract Workers
$122.4 
$135.5
10.7
17.0
8.5
30.0
0.6
12.4
18.2
9.3
33.0
0.7
$145.9
13.4
20.1
9.8
71.6
0.9
$154.1
11.8
20.6
10.5
74.0
0.4
$8.2
(1.6)
0.5
0.7
2.4
(0.5)
Variance
Percent
5%
(13%)
2%
6%
3%
>(100%)
Personnel Services Total
$189.2 
$209.1 
$261.7
$271.3
$9.7
4%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $9.7 million or 4%;
The favorable variance is primarily in the Salaries and Retirement categories due to vacancy and other personnel savings across 
city departments, mostly within the Police Department and the Fire Department. The favorable variance is partially offset by higher 
than anticipated overtime and contract worker expenses resulting from the vacancies.
Contractual Services (Fiscal Year to Date: March 2026)
FY 2023/24 FY 2024/25 FY 2025/26
FY 2025/26
Actuals
Actuals
Actuals Approved Budget
Variance
Amount
Professional Services
Communications
Travel Training and Conferences
Printing Duplication and Filming
Maintenance and Repair
Insurance
Rents
Transportation Services 
Utilities
Miscellaneous Services and Charges
$13.5
3.1 
0.7 
0.8
11.1
9.7 
0.8
10.7
7.1
2.7
16.2
3.2
1.0
0.8
13.0
14.7
1.4
12.5
7.8
2.9
$14.9
3.0
0.9
0.8
12.4
15.7
1.5
14.1
7.8
3.1
$15.7
3.5
1.6 
0.8
15.5
15.6
1.4
13.6
8.5 
3.3
$0.8
0.5
0.8
3.1
(0.5)
0.7
0.2
Variance
Percent
5%
13%
47%
20%
(4%)
8%
5%
Contractual Services Total
$60.2
$73.5
$74.2
$79.6
$5.4
7%
Note: $ in millions/tounding differences and blank lines may occur.
Actual to Approved Budget variance of $5.4 million or 7%:
The favorable variance is due to 1) Maintenance and Repair - delay in expenses for a system implementation in the Planning and 
Development Department, timing of invoices for the Enterprise Resources Planning system in the City Treasurer's Office, and 
project schedule adjustments due to process delays associated with financial system transition in Facilities Management 
Department; 2) Professional Services - timing of expenses for the real crime center upgrades and lower than expected security 
contracts cost in the Police Department, and the billing contract for the ambulance service is less than anticipated in the Fire 
Department; 3) Travel Training and Conferences - delay in expenses due to the paramedic school starting later than budgeted; and 
4) Utilities - electricity usage has been less than anticipated across the city due to milder temperatures through February when 
compared to historical trends. The positive variance is partially offset by Transportation Services - higher than anticipated number 
of vehicles requiring repair and higher than anticipated services cost by third party contract provider in the Police and Fire 
Departments.
March 2026
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General Fund
Commodities (Fiscal Year to Date: March 2026)
FY 2023/24 FY 2024/25
FY 2025/26
FY 2025/26
Actuals
Actuals
/Muals Approved Budget
Variance
Amount
Variance
Percent
Operating Supplies 
Purchased for Resale 
Library Materials 
Maintenance and Repair Supplies
$4.3
0.4
0.3
1.9
$5.1
0.4
0.3
1.7
$6.1
0.5
0.3
2.2
$7.3
0.5
0.3
2.5
$1.2
0.2
17%
10%
Commodities Total
$6.9
$7.6
$9.1
$10.5
$1.4
14%
Actual to Approved Budget variance of $1.4 million or 14%:
The favorable variance is primarily due to Operating Supplies - timing of receiving clothing, personal equipment, and 
emergency medical supplies in the Fire Department. The variance should resolve itself during the final quarter of FY 2025/26, 
as ordered products are received and payments are issued.
Capital Outlays (Fiscal Year to Date: March 2026)
FY 2023/24 FY 2024/25 FY 2025/26 FY 2025/26 Variance Variance 
Actuals Actuals 
Actuals Approved Budget Amount Percent
Buildings and Improvements 
Machinery and Equipment
$0.4
0.6
$0.3
0.7
$0.0
5.1
$0.3
6.0
$0.3
0.9
91%
15%
Capital Outlays Total
$1.0
$1.0
$5.2
$6.4
$1.2
19%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $1.2 million or 19%:
The favorable variance is due to 1) Buildings and Improvements - facility projects have been delayed since the beginning of 
the fiscal year, but are now in the process of completion, and 2) Machinery and Equipment - budgeted expenditures for 
equipment replacement within the Police Department have not yet occurred.
Blueink Bundle ID: wBAkc29IOx
March 2026 
Page 10 of 42

General Fund
Contracts Payable (Fiscal Year to Date: March 2026)
FY 2023/24 FY 2024/25 FY 2025/26 FY 2025/26 Variance Variance 
Actuals Actuals 
Actuals Approved Budget Amount Percent
Contracts Payable
$0.4
$0.5
$0.5
$0.5
$0.0
0%
Contracts Payable
$0.5
$0.5
$0.5
$0.0
0%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $0.0 million or 0%:
The contracts payable is aligned with budget through March 2026.
Transfers Out (Fiscal Year to Date: March 2026)
FY 2023/24 FY 2024/25 FY 2025/26
Actuals
Actuals
FY 2025/26
Actuals Approved Budget
Other
CIP
$ - 
53.7
$1.0
$ ■ 
33.0
$ - 
33.0
Variance
Amount
Variance
Percent
$
Transfers Out Total
$53.7
$1.0
$33.0
$33.0
$-
Note: S in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $0.0 million or 0%:
Transfers Out are the authorized movements of cash to other funds and/or capital projects. The Transfers Out are aligned 
with budget through March 2026.
Blueink Bundle ID: wBAkc29IOx
March 2026 
Page 11 of 42

General Fund
Department Expenditures (Fiscal Year to Date: March 2026)
Mayor And City Council | jo.g 
City Court K g2 
Charter Officers 
Communications ft 3 o 
Economic Development | q g 
Enterprise Operations ft***^^! 3 
Fire Department BBHHiHI 
facilities Management 
Human Resources 1 
Information Technology 
Library & Human Services 
Planning and Development Services 
Police Department
22.3
69.3
20.3
3.6
16.4
10.7
11.1
1S4.5
18.2
Parks 81 Recreation & Preserve 
Transportation and Infrastructure L 2.4
SO.O S20.0 
$400
$60.0
$800
$100.0 
$1200 
$140.0 
$160.0 
$180.0
■ FY 2023/24 Actuals ■ FY 2024/25 Actuals ■ FY 2025/26 Actuals FY 2025/26 Approved Budget
FY 2023/24 
Actuals
FY 2024/25 
Actuals
FY 2025/26 
Actuals
FY2025«6 
Approved Budget
Variance
Amount
Varioice
Percent
Mayor And City Council
Cily Court
Charier Officers
Communications
Economic Development
Enterprise Operations
Fire Department
Facilities Management
Human Resources
Information Technology
Library & Human Services
Planning and Development Services
Police Department
Parks & Recreation & Preserve
Transportation and Infrastructure
Total
S0.8
4.2 
18.2
2.3 
0.9
12.0
48.7
17.4 
3.0
14.5
11.3
12.3
94.7
16.4 
0.5
50.8 
4.7
21.9 
2.6 
0.9
14.1
56.9 
19.0
3.3
15.8 
12.4
13.9 
105.4
18.6
0.7
$0.8
5.2
22.3 
3.0 
0.8
11.3
69.3
20.3 
3.6
16.4 
10.7 
11.1
154.5
18.2
2.4
$0.9
5.1 
25.5
3.2 
1.0
11.7 
72.1
20.7 
4.1
17.3
11.7 
13.0
160.0
18.9
2.5
$257.4
$291.0
$350.1
$367.8
$0.1
(0.1)
3.2
0.2
0.2
0.4
2.8
0.4
0.5
0.9
1.0
1.9
5.5
0.7
0.2
17.7
8%
(2%)
13%
6%
21%
3%
4%
2%
11%
5%
9%
15%
3%
4%
7%
5%
Note: S in millions/tounding differences and blank lines may occur.
Enterprise Operations includes the portion of Tourism and Events, WestWorld, professional baseball, and the Enterprise Operations department administration funded by the General 
Fund Does not include Enterprise Funds (V/ater and Water Reclamation Funds, Solid Waste Fund and Aviation Fund)
March 2026
BIuelrtk^H?lli°^'M^<^?5?|'«rianceof $17.7mlllionor5%. 
Page 12 of 42

Aviation Fund
Sources (Fiscal Year to Date: March 2026)
Airport Fees
$7.6
Interest Earnings
0.6
Jet Fuel K
Property Rental F..
SO.O
Si.o
S2.0
S3.0
$4.0
$5.0
$6.0
$7.0
$8.0
IFY 2023/24 
Actuals
IFY 2024/25 
Actuals
I FY 2025/26 
Actuals
FY 2025/26 
Approved Budget
Airport Fees 
Interest Earnings 
Jet Fuel 
Property Rental
FY 2023/24 
Actuals
FY 2024/25 
Actuals
FY 2025/25 
Actuals
FY 2025/25 
Approved 
Budget
Variance
Amount Variance percent
$6.9
0.2
0.1
0.2
$7.2
0.4
0.2
02
$7.6
0.6
0.1
0.1
$6.4
0.4
0.1
0.2
$1.2
0.2
(0.0)
(0.1)
19%
41%
(10%)
(52%)
Total Sources
$7.4
$8.0
$8.5
$7.2
$1.3
18%
Actual to Approved Budget variance of $1.3 million or 18%:
The favorable variance is primarily due to: 1) Airport Fees • rental revenues for hangar space is higher than projected in the budget: and 
2) Interest Earnings - the amount invested is due to higher than forecasted fund balance.
$ in millions/rounding differences and blank lines may occur.
Bluelnk Bundle ID: wBAkc29IOx
March 2026 
Page 13 of 42

Aviation Fund
Uses (Fiscal Year to Date: March 2026)
Personnel Services
S1.3
Contractual Services i
tm
1.1
Commodities
Contracts Payable
Transfers Out/Allocation
SO.O
$0.2
$0.4
$0.6
$0.8
$1.0
$1.2
$1.4
$1.6
$1.8
Personnel Services 
Contractual Services 
Commodities 
Contracts Payable 
Transfers Out/Allocation
I FY 2023/24 
Actuals
I FY 2024/2S 
Actuals
FY 2023/24 
Actuals
I FY 2025/26 
Actuals
FY 2025/26 
Approved Budget
FY 2024/25 
Actuals
FY 2025/26 
Actuals
FY 2025/26 
Approved 
Budget
Variance
Amount
Variance
Percent
$1.3
1.1
0.4
1.7
$1.2
1.1
0.3
0.6
$1.3
1.1
0.2
0.3
0.6
$1.4
1.3
0.1
0.3
0.6
$0.1
0.2
(0.1)
>1
10% 
17% 
(100%)
Total Uses
^3.2
$3.5
$3.7
$0.2
7%
Actual to Approved Budget variance of $0.2 million or 7%:
The positive variance is due to: 1) Personnel Services - savings from vacancies and unused overtime; and 2) Contractual Services - a 
budgeted software subscription purchase has not yet occurred. The favorable variance is partially offset by Commodities, which 
exceeded budget due to unbudgeted purchases of firefighting foam.
$ in millions/rounding differences and blank lines may occur.
Blueink Bundle ID: wBAkc29IOx
March 2026 
Page 14 of 42

Fleet Management Fund
Sources (Fiscal Year to Date: March 2026)
Rental Rates
la
Maintenance & Operations
1
Fuel
Reimbursements from Outside Sources r
Miscellaneous r
Transfers In
$0.0 
$2.0 
$4.0 
$6.0 
$8.0 
$10.0 
$12.0 
$14.0
IFY 2023/24 Actuals ■ FY 2024/25 Actuals ■ FY 2025/26 Actuals FY 2025/26 Approved Budget
$16.0
FY 2023/24 
Actua:5
FY 2024/25 
Actuals
FY 2025/26
FY 2025/26
Actuals Approved Budget
Variance
Amount
Rental Rates
Maintenance & Operations 
Fuel
Reimbursements from Outside Sources
Miscellaneous
Transfers In
Variance
Percent
$10.7 
$15.1 
$- 
$- 
$-
8.7 
4.9 
9.1 
8.0 
1.1 
14%
4.1 
2.0 
3.3 
4.0 
(0.7) 
(18%)
0.5 
0.1 
0.3 
0.4 
(0.1) 
(28%)
0.4 
0.1 
0.2 
0.0 
0.1 
>100%
Total Sources
$24.5
$22.3
$1Z9
$12.5
$0.4
3%
Actual to Approved Budget variance of $0.4 million or 3%:
The positive variance is primarily due to: 1) Maintenance & Operations - increased internal service charges to city departments 
for repairing older vehicles because of delays on receipt of new vehicles to replace the older vehicles; and 2) Miscellaneous - 
receipt of unbudgeted revenue from the sale of compressed natural gas credits under a new contract with Shell Oil executed in 
August 2025, which was not known at the time the budget was prepared. The positive variance is partially offset by: 1) Fuel - 
lower charges to City departments due to fuel prices being lower than the estimated average during the first three quarters of 
the fiscal year. Fuel prices have been increasing, and the department expects this negative variance to decrease over the 
remainder of the fiscal year; and 2) Reimbursements from Outside Sources - lag time in the filing of accident claims.
$ in millions/rounding differences and blank lines may occur.
Blueink Bundle ID: wBAkc29IOx
March 2026 
Page 15 of 42

Fleet Management Fund
Uses (Fiscal Year to Date: March 2026)
Fleet Management Administration
Fleet Management Operations
Fleet Management Parts Supply
Fuel
Motorpool I
J
Vehicle Acquisitions
Transfers Out
SO.O 
S2.0 
$4.0 
$6.0 
$8.0 
$10.0 
$12.0
I FY 2023/24 Actuals ■ FY 2024/25 Actuals BFY 2025/26 Actuals FY 2025/26 Approved Budget
$14.0
Fleet Management Administration 
Fleet Management Operations 
Fleet Management Parts Supply 
Fuel
Motorpool 
Vehicle Acquisitions 
Transfers Out
FY 2023/24 
Actuals
FY 2024/25 
Actuals
FY 2025/26
FY 2025/26
Actuals Approved Budget
$0.6
7.3
0.5
3.0
0.1
1.9
$0.7
7.7
0.5
2.2
0.1
3.5
$0.7
8.3 
0.6
2.3 
0.0
11.7
$0.7
8.3 
0.6
3.4 
0.1
12.5
Variance
.Arriount
$0.1
0.0
0.1
1.2
0.0
0.8
Variance
Percent
11%
<1%
8%
34%
37%
6%
Total Uses
$13.4
$14.7
$23.5
$25.6
$2.1
8%
Actual to Approved Budget variance of $2.1 million or 8%:
The favorable variance is primarily due to; 1) Fuel - prices have been lower than the estimated average during the first three 
quarters of the fiscal year. Prices have been increasing, and the department anticipates higher fuel costs over the remainder of 
the fiscal year; 2) Transfers Out - the original budget overestimated how much needed to be transferred for vehicle purchases 
delayed from FY2024/25. Fleet recalculated the carryover needed and the transfer from the Fleet Management Fund to the Fleet 
Replacement Fund was reduced.
$ in millions/rounding differences and blank lines may occur. 
Bluelnk Bundle ID: wBAkc29IOx
March 2026 
Page 16 of 42

Fleet Replacement Fund
Sources (Fiscal Year to Date: March 2026)
Rental Rates
15.5
Miscellaneous
S0.5
Reimbursements from Outside Sources
0.0
Transfers In
11.7
■ FY 2023/24 Actuals
S2.0 
54.0 
$6.0 
$8.0 SlO.O 512.0 
514.0 
516.0
I FY 2024/25 Actuals ■ FY 2025/26 Actuals FY 2025/26 Approved Budget
518.0
Rental Rates 
Miscellaneous
Reimbursements from Outside Sources 
Transfers In
FY 2025/26
FY 2023/24 FY 2024/25 FY 2025/26 
Approved 
Variance 
Variance
Actuals 
Actuals 
Actuals Budget 
Amount 
Percent
^ 
^ 
15^5 
ils 
(OO) 
(0^
$- 
$- 
$0.5 
$0.4 
$0.2 
46%
0.0 - 0.0 
n.7 
12.5 
(0.8)^(6%)
Total Sources
S-
$-
$12.3 
$119
($0.6)
(5%i
Actual to Approved Budget variance of $(0.6) million or (5%);
The unfavorable variance is primarily due to Transfers In - the budget assumed a larger transfer from the Fleet Management 
Fund for vehicle purchases deferred from FY 2024/25; however, after Fleet recalculated the actual amount needed, the planned 
transfer was reduced, resulting in less revenue to the Fleet Replacement Fund than budgeted. It is partially offset by 
Miscellaneous - auctions of surplus vehicles occuring at a pace faster than anticipated, and more revenue is being received from 
auctioned vehicles than expected.
$ in millions/rounding differences and blank lines may occur.
Bluelnk Bundle ID: wBAkc29IOx
March 2026 
Page 17 of 42

Fleet Replacement Fund
Uses (Fiscal Year to Date: March 2026)
Commodities
I So.i
Capital Outlays
S - 
S2.0
■ FY 2023/24 Actuals
$4.0
I FY 2024/25 Actuals
FY 2023/24 
Actuals
$6.0
IFY 2025/26 Actuals
$8.0 $10.0 
FY 2025/26 Approved Budget
FY 2025/26
FY 2024/25 FY 2025/26 Approved 
Variance
Actuals 
Actuals Budget 
Amount
$12.0
Variance
Percent
Commodities 
Capital Outlays
S-
$-
SO.I
9.7
$0.1
9.2
($0.0)
(0.6)
0%
(6%)
Total Uses
$-
$-
$9.8
$9.2
($0.6)
(61%)
Actual to Approved Budget variance of $(0.6) million or (61%):
The unfavorable variance is due to Capital Outlays - vehicles purchased earlier in the year than budgeted, but this line is 
projected to be within budget by the close of the fiscal year.
$ in millions/rounding differences and blank lines may occur.
Blueink Bundle ID: wBAkc29IOx
March 2026 
Page 18 of 42

Healthcare Self Insurance Fund
Sources (Fiscal Year to Date; March 2026)
Employer Contribution - Medical
S24.5
Employee Contributions - Medical f®** 
Employer Contribution - Dental | Q7 
Employee Contributions - Dental | g g 
Miscellaneous | g 2
7.1
Disabled Retiree Contributions
0.1
Transfers In
$0.0
$0.0
$5.0
IFY 2023/24 
Actuals
$10.0
I FY 2024/25 
Actuals
$15.0
■ FY 2025/26 
Actuals
$20.0
$25.0
FY 2024/25 
Approved 
Budget
$30.0
Employer Contribution - Medical 
Employee Contributions - Medical 
Employer Contribution - Dental 
Employee Contributions - Dental 
Miscellaneous
Disabled Retiree Contributions 
Transfers In
FY 2023/24 
Actuals
$20.8
6.1
0.6
0.6
0.1
0.2
FY 2024/25 
Actuals
FY 2025/26 
Actuals
FY 2024/25 
Approved 
Budget
$22.2
6.5
0.7
0.6
0.2
0.1
$24.5
7.1
0.7
0.6
0.2
0.1
$22.6
6.9
0.7
0.6
0.1
0.2
Variance
Amount
$1.9
0.2
0.0
0.0
0.0
(0.0)
Variance
percentage
8%
3%
1%
1%
27%
(11%)
Total Sources
$28.4
$30.3
$33.2
$31.1
7%
Actual to Approved Budget variance of $2.1 million or 7%:
The favorable variance in Employer Contribution - Medical is due to plan selection difference, which occurs after the budget has 
prepared.
$ in millions/rounding differences and blank lines may occur.
Blueink Bundle ID: wBAkc29IOx
March 2026 
Page 19 of 42

Healthcare Self Insurance Fund
Uses (Fiscal Year to Date: March 2026)
Medical Claims P
$28.3
Dental Claims
Insurance & Bond Premiums
Administrative Fees
i
B.
I
1.2
1.6
Live Life Well Program |
City Administration j q j
Behavioral Health Insurance Claims
$0.0
$5.0
$10.0
$15.0
$20.0
$25.0
$300
IFY 2023/24 
Actuals
I FY 2024/25 
Actuals
FY 2023/24 
Actuals
IFY 2025/26 
Actuals
FY 2024/25 
Actuals
FY 2025/26 
Actuals
FY 2025/26 
Approved 
Budget
FY2025/26 
Approved 
Budget
Variance
Amount
Medical Claims 
Dental Claims
Insurance & Bond Premiums
Administrative Fees
Live Life Well Program
City Administration
Behavioral Health Insurance Claims
$22.1
1.1
1.1
0.4
0.2
0.2
0.1
$26.6
1.1
1.2
0.4
0.2
0.2
0.1
$28.3
1.2
1.6
0.4
0.2
0.2
0.2
$28.2 ($0.1)
1.2
1.2
0.4
0.2
0.4
0.1
Variance
Peix*nt
(0%)
(0.0) 
(3%)
(0.3) 
(27%)
(0.0) 
(0%)
0.0 
2%
0.3 
61%
(0.1) 
(62%)
Total Uses
$25.2
$29.8
$32.1
$31.9 
($0.3)
(1%)
Actual to Approved Budget variance of ($0.3) million or (1%):
The unfavorable variance is due to Insurance and Bond Premiums monthly payment is higher than budgeted. The favorable 
variance in City Administration is due to delay in expenses for the employee health clinic project implementation.
S in millions/rounding differences and blank lines may occur.
Blueink Bundle ID: wBAkc29IOx
March 2026 
Page 20 of 42

Risk Management Fund
Sources (Fiscal Year to Date: March 2026)
Self Insurance (Properly and Workers Comp)
Property Tax
Reimbursements from Outside Sources
Miscellaneous
0.5
0.4
S20.1
$0.0
■ FY 2023/24 
Actuals
$5.0
$10.0
$15.0
$20.0
$25,0
IFY 2024/25 
Actuals
I FY 2025/26 
Actuals
FY 2025/26 
Approved 
Budget
Self Insurance (Property and Workers Comp) 
Property Tax
Reimbursements from Outside Sources 
Miscellaneous
FY 2023/24 FY 2024/25 FY 2025/26 
Actuals Actuals Actuals
FY 2025/26 
Approved 
Budget
Variance
Amount
Variance
Percentage
$12.4
2.2
0.4
0.3
$19.1
1.3
0.6
0.3
$20.1
0.7
0.5
0.4
$20.1
0.7
0.4
0.2
$ -
0.1
0.2
- %
25%
100%
Total Sources
$15.3 
$21.3 
$21.7
$21.4
$0.3
1%
Actual to Revised Budget variance of $0.3 million or 1%:
The favorable variance is largely driven by 1) Miscellaneous - higher subrogation recoveries than projected in the budget; 
and 2) Reimbursements from Outside Services on prior claims paid.
$ in millions/rounding differences and biank iines may occur.
Blueink Bundle ID: wBAkc29IOx
March 2026 
Page 21 of 42

Risk Management Fund
Uses (Fiscal Year to Date: March 2026)
Insurance & Bond Premiums 
Liability 
Physical Damage 
Risk Management Self Insurance
Safety fe q.i 
Safety and Risk Management 
Safety Grants Program 
Unemployment 
Workers Compensation
0
.0.0
0.0
F
$0.0
$6.0
r
2.0
$1.0
$2.0
$3.0
4.3
$4.0 
$5.0
$6.0
$7.0
IFY 2023/24 
Actuals
Insurance & Bond Premiums 
Liability
Physical Damage
Risk Management Self Insurance
Safety
Safety and Risk Management 
Safety Grants Program 
Unemployment 
Workers Compensation
iFY 2024/25 
Actuals
FY 2023/24 
Actuals
$4.9
1.2
0.8
1.6
0.1
0.0
3.9
FY 2024/25 
Actuals
I FY 2025/26 
Actuals
FY 2025/26 
Actuals
FY 2025/26 
/Approved 
Budget
FY 2025/26 
Approved 
Budget
Variance
Amount
$5.6
0.7
0.5
0.0
0.1
1.5 
0.1 
0.0
3.6
$6.0
0.9
0.7
0.1
2.0
0.0
0.0
4.3
$6.1
2.6
0.9
$0.1
1.7
0.2
Variance
Percentage
2%
65%
22%
(0.1) 
(100%)
2.0 
0.0 
0%
0.2 
0.1 
50%
(0.0) 0% 
4.4 
0.1 
2%
Total Uses
$12.5
$111
$14.0
$16.2
$12
14%
Actual to Revised Budget variance of $2.2 million or 14%:
The favorable variance is largely driven by 1) Liability - anticipated payments associated with general liability claims have not 
occurred to date due to pending litigation; and 2) Physical Damage - anticipated payments of large property damage claims are still 
pending.
$ in millions/rounding differences and blank lines may occur.
Blueink Bundle ID: wBAkc29IOx
March 2026 
Page 22 of 42

Solid Waste Fund
Sources (Fiscal Year to Date: March 2026)
Solid Waste Service Charges - Residential
$25.2
Solid Waste Service Charges - Commercial
3.7
Interest Earnings
0.9
SO.O 
$5.0
IFY 2023/24 Actuals ■ FY 2024/25 Actuals
$10.0 
$15.0 
$20.0 
$25.0
I FY 2025/26 Actuals FY 2025/26 Approved Budget
$30.0
FY 2023/24 FY 2024/25 FY 2025/26
FY 2025/26
Actuals
Actuals
Actuals Approved Budget
Solid Waste Service Charges - Residential 
Solid Waste Service Charges - Connmercial 
Interest Earnings 
Transfers In
$21.9
3.1
0.2
0.3
$23.9
3.5
0.2
$25.2
3.7
0.9
$25.1
3.5
0.2
Variance
Amount
$0.1
0.2
0,7
Variance
Percent
<1%
5%
>100%
Total Sources
$25.5 
$27.6
$29.8
$28.8
$1.0
3%
Actual to Approved Budget variance of $1.0 million or 3%:
The favorable variance is primarily due to: 1) Interest Earnings - higher than anticipated returns driven by higher than 
budgeted invested balances; and 2) Solid Waste Service Charges - Commercial ■ turnover in customer accounts, with new 
customers purchasing more services than those they replaced.
$ in millions/rounding differences and blank lines may occur.
Blueink Bundle ID: wBAkc29IOx
March 2026 
Page 23 of 42

Solid Waste Fund
Uses (Fiscal Year to Date: March 2026)
Personnel Services
R
S9.3
Contractual Services
13.8
Commodities I 0.5
Capital Outlays
0.0
Transfers Out/Allocation
2.0
$0.0 $2.0 
I FV 2023/24 Actuals
$4.0 
$6.0
IFY 2024/25 Actuals
$8.0 $10.0 
IFY 2025/26 Actuals
$12.0 
$14.0 
$16.0
FY 2025/26 Approved Budget
$18.0
FY 2023/24 FY 2024/25 FY 2025/26
FY 2025/26
Actuals
Actuals
Actuals Approved Budget
Variance
Amount
Variance
Percent
Personnel Services 
Contractual Services 
Commodities 
Capital Outlays 
Transfers Out/Allocation
$8.3
12.0
0.4
1.6
$9.0
13.2
0.5
2.0
$9.3
13.8
0.5
0.0
2.0
$9.4
15.4
0.7
0.0
2.0
$0.1
1.6
0.2
0.0
1%
10%
32%
Total Uses
$22.3
$24.7
$25.5
$27.4
$1.9
7%
Actual to Approved Budget variance of $1.9 million or 7%:
The favorable variance is primarily due to: 1) Contractual Services - reduced landfill contract expenses and recycling 
processing fees due to lower than anticipated tonnage volume, along with lower fuel costs, and delayed household 
hazardous waste (HHW) collection invoices; and 2) Commodities - production delays for refuse containers that have 
deferred expenses.
$ in millions/rounding differences and blank lines may occur.
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Page 24 of 42

stadium Facility Fund
Sources (Fiscal Year to Date: March 2026)
Stadium Usage Fees
Contributions & Donations
Interest Earnings
0.1
0.2
$0.0
■ FY 2023/24 
Actuals
$0.2
$0.4
I FY 2024/25 
Actuals
$0.6
$0.8
IFY 2025/26 
Actuals
$1.0
$1.2
FY 2025/26 
Approved 
Budget
$1.4
$1.6
FY 2023/24 
Actuals
FY 2024/25 
Actuals
FY 2025/26
FY 2025/26 
Approved 
Variance Variance
Actuals Budget 
Amount 
Percentage
Stadium Usage Fees 
Contributions & Donations 
Interest Earnings
$0.8
0.6
0.1
$0.9
1.1
0.1
$1.5
0.1
0.2
$0.2
0.0
0.1
$1.3 
>100%
0.0 
>100%
0.0 
31%
Total Sources
$1.5
$2.1
$1.7
$0.4
$1.3
>100%
Actual to Revised Budget variance of $1.3 million or >100%:
The favorable variance is largely driven by Stadium Usage Fees - increased Stadium bookings and receiving Delaware North 
concession proceeds and Giants fees earlier than budgeted.
$ in millions/rounding differences and blank lines may occur.
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Page 25 of 42

stadium Facility Fund
Uses (Fiscal Year to Date: March 2026)
Personnel Services
Contractual Services
Commodities
Capital Outlays
Pi
0.3
0.1
0.1
$0.7
$0.0
$0.1
$0.2
$0.3
$0.4
$0.5
$0.6
$0.7
$0.8
Personnel Services 
Contractual Services 
Commodities 
Capital Outlays
I FY 2023/24 
Actuals
IFY 2024/25 
Actuals
FY 2023/24 
Actuals
FY 2024/25 
Actuals
I FY 2025/26 
Actuals
FY 2025/26 
Actuals
FY 2025/26 
Approved 
Budget
FY 2025/26 
/Approved 
Budget
Variance
Amount
$0.2
0.2
0.1
0.1
$0.2
0.2
0.1
0.1
$0.7
0.3
0.1
0.1
$0.7
0.3
0.1
0.1
$0.1
0.0
0.0
0.0
Variance
Percentage
10%
0%
0%
0%
Total Uses
$0.6
$0.6
Actual to Revised Budget variance of $0.1 million or 8%:
The favorable variance is mainly due to Personnel Services - vacancy savings.
$ in millions/rounding differences and blank lines may occur.
$1.2
$1.2
$0.1
8%
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Page 26 of 42

Tourism Development Fund
Sources (Fiscal Year to Date; March 2026)
Transient Occupancy Tax
S254
Property Rental
1 2.9
Interest Earnings 1 0.4
Miscellaneous
SO.O
Transfers In
$0.0
$0.0
$5.0
I rv 2023/24 
Actuals
$10.0
IFY 2024/25 
Actuals
$15.0
$20.0
$250
$30.0
I FY 2025/26 FY 2025/26
Actuals 
Approved Budget
FY 2023/24 
Actuals
Transient Occupancy Tax 
Property Rental 
Interest Earnings 
Miscellaneous 
Transfers In
$22.3
2.6
0.3
1.7
FY 2024/25 
Actuals
FY 2025/25
FY 2025/25
Variance
Variance
Actuals Approved Budget
$24.5
2.6
0.3
1.0
$25.4
2.9
0.4
$24.9
2.8
0.4
$0.0
Amount Percentage
$0.5
0.1
0.0
2%
4%
0%
Total Sources
$26.9
$28.4
$28.7
$28.1
$0.6
2%
Actual to Revised Budget variance of $0.6 million or 2%:
The favorable variance in both Transient Occupancy Tax and Property Rental are largely due to a high performing 
events season in Scottsdale.
$ in millions/rounding differences and blank lines may occur.
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Page 27 of 42

Tourism Development Fund
Uses (Fiscal Year to Date: March 2026)
Destination Marketing - 45%
$9.6
Destination Marketing - 5% 
^ i
Canal Convergence Events 
g g
Event Retention and Development
2.2
Other Commitments
Administration and Research
1.4
0.7
Transfers Out
1.4
$0.0 
$4.0 
$8.0 
$12.0 
$16.0
■ FY 2023/24 
■ FY 2024/25 BFY 2025/26 FY 2025/26
Actuals 
Actuals 
Actuals 
Approved Budget
$20.0
Destination Marketing - 45% 
Destination Marketing - 5%
Canal Convergence Events 
Event Retention and Development 
Other Commitments 
Administration and Research 
Transfers Out
FY 2023/24 
Actuals
$9.8
1.1
0.8
1.5
0.9
0.6
17.3
FY 2024/25 
Actuals
FY 2025/26 
/kctuals
FY2025/26 
/Approved 
Budget
$9.6
0.9
0.8
2.2
0.8
0.7
13.5
$9.6
1.1
0.8
2.2
1.4
0.7
1.4
$10.6
1.7
0.8
2.2
0.9
0.9
1.3
Variance
Amount
Variance
Percentage
$1.0
0.6
0.1
0.0
(0.5)
0.2
(0.1)
9%
36%
6%
0%
(56%)
22%
(8%)
Total Uses
$31.8
$28.4
$17.2
$18.4
$1.3
7%
Actual to Revised Budget variance of $1.3 million or 7%:
The favorable variance in Destination Marketing - 45% is due to lower than budgeted contract payment to Destination Marketing due 
to the distribution of bed tax receipts, although this variance has narrowed significantly over the last quarter. The favorable variance 
is partially offset by Other Commitments - the invoice for the Scottsdale's Museum of the West renovations was paid earlier than 
budgeted.
$ in millions/rounding differences and blank lines may occur.
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March 2026 
Page 28 of 42

Transportation Fund
Sources (Fiscal Year to Date: March 2026)
Sales Tax - Transportation (0.20%)
S2S.5
Highway User Tax
14.3
Interest Earnings
2.6
Local Transportation Assistance Fund | Qg 
Intergovernmental ^ q 4 
Miscellaneous
$0.0
IFY 2023/24 
Actuals
$5.0
■ FY 2024/25 
Actuals
$10.0
I FY 2025/26 
Actuals
$15.0 
$20.0
FY 2025/26 Approved Budget
$25.0
$30.0
Sales Tax - Transportation (0.20%) 
Highway User Tax 
Interest Earnings
Local Transportation Assistance Fund
Intergovernmental
Miscellaneous
FY 2023'24 
Actuals
FY 2024.,-25 
Aciua-s
FY 2025.^26
FY 2025/26
Actuals Approved Budget
$25.1
13.8
1.8
0.6
0.2
0.1
$26.5
14.3
2.1
0.6
0.2
0.1
$25.5
14.3
2.6
0.6
0.4
0.2
$26.0
14.4
2.1
0.6
0.1
0.0
Variance
Amount
($0.5)
(0.1)
Variance
Percent
(2%)
<(1%)
0.4 
21%
0.0 
<1%
0.3 
>100%
0.2 
>100%
Total Sources
$41.6
$43.8
$43.7
$43.3
$0.4
n
Actual to Approveij Budget variance of $0.4 million or 1%:
The favorable variance is due to; 1) Interest Earnings - returns higher than anticipated, driven by invested balances that exceed 
what had been budgeted; 2) Intergovernmental - reimbursements from Valley Metro for ADA Cab Connection rides exceeding 
budgeted levels, reflecting greater program usage; and 3) Miscellaneous - a refund from the purchase of a right-of-entry from the 
Arizona State Land Department. It is partially offset by the unfavorable variance due to: Sales Tax - Transportation (0.20%) - a 
higher proportion of sales tax collections is being classified as use tax, which is not subject to the 0.2% transportation tax. and 
the budgeted allocation assumed a higher percentage of eligible transactions than has occurred year-to-date
$ in millions/rounding differences and blank lines may occur. 
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Page 29 of 42

Transportation Fund
Uses (Fiscal Year to Date: March 2026)
Personnel Services
S9.3
Contractual Services
Commodities
Capital Outlays
11.9
Transfers Out/Allocation
$0.0 
$5.0
■ FY 2023/24 Actuals
$10.0 
$15.0 
$200 
$25.0 
$30.0 
$35.0
I FY 2024/25 Actuals ■ FY 2025/26 Actuals FY 2025/26 Approved Budget
FY 2023/24 
Actuals
FY 2024/25 
Actuas
FY 2025/26
FY 2025/26
Actuals Approved Budget
Variance
Amount
$40.0
Variance
Percent
Personnel Services 
Contractual Services 
Commodities 
Capital Outlays 
Transfers Out/Allocation
56.8
11.9 
1.0 
0.9
33.6
$7.6
11.5
0.9
1.8
15.0
$9.3
11.9
0.7
0.7
$10.1
14.4
1.1
1.5
$0.8
2.4
0.4
0.9
7%
17%
33%
57%
Total Uses
$54.2
$36.7
$22.6
$27.0
$4.4 
16%
Actual to Approved Budget variance of $4.4 million or 16%;
The favorable variance is primarily due to: 1) Personnel Services - vacancy savings; 2) Contractual Services - lower contractor 
spending due to tall schedule adjustments tied to shifting the Street Overlay work to the new in-house Liquid Road Program, 
rather than using contractors; 3) Commodities - delayed material purchases, including materials for the re-lamping of multiuse 
path lighting. The delay is due to project schedule adjustments while Purchasing finalizes the invitation for bid (IFB) contract 
needed to proceed; and 4) Capital Outlays - the favorable variance is due to fall schedule adjustments made to support the 
transition of the Liquid Road Program from contracted services to in-house delivery. As part of this transition, the department will 
use the budget authority later in the fiscal year to purchase equipment, contract with Infrastructure Management Services (IMS) 
for pavement evaluation and reporting, and acquire materials such as hot-mix.
$ in millions/rounding differences and blank lines may occur.
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Page 30 of 42

Viater & IVafer Reclamation Funds
Sources (Fiscal Year to Date: March 2026)
'X
Water Service Charges 
Water Reclamation Service Charges 
Non-potable Water Service Charges 
Miscellaneous
Interest Earnings 
Indirect Costs |
yiM ■ I 
nt
S46.0
S13.3
S9.1
S105.7
Grants so.1 
Stormwater Fee I
Transfers In
SOO
S20.0
$40.0
$60.0
$80 0
$100.0
$120.0
IFY 2023/24 
Actuals
IFY 2024/25 
Actuals
I FY 2025/26 
Actuals
FY 2025.'26 
Approved Budget
Water Service Charges
Water Reclamation Service Charges
Non-potable Water Service Charges
Miscellaneous
Interest Earnings
Indirect Costs
Grants
Stormwater Fee 
Transfers In
Total Sources
FY 2023/24 
Actuals
FY 2024/25 
Actuals
FY 2025/26 
Actuals
FY 2025/26 
Approved 
Budget
Variance
Amount
$97.1
36.2
10,6
8.2
2.5
0.8
0.3
12.1
$106.7
41.6
12.7 
3.0 
2.7 
0.9 
0.1 
0.3 
0.7
$105.7
46.0
13.3
9.1
3.9
1.0
0.1
0.3
1.5
$107.0
45.1
11.4
3.0
1.8
0.9
0.2
0.3
0.9
($1.3)
0.8
1.9
6.1
2.1
0.1
(0.2)
0.6
$167.8 
$168.7 
$180.8 
$170.7 
$10.1
Variance
Percentage
(1%)
2%
17%
>100%
>100%
10%
(71%)
67%
6%
Actual to Approved Budget variance of $10.1 million or 6%:
The favorable variance is due to 1) Miscellaneous - a one time settlement payment received; 2) Non-potable Water Service 
Charges - higher demand for reclaimed water and one-time revenue recovery for IWDS FY 2024/25 settlements with multiple golf 
courses; and 3) Transfers In - higher than anticipated internal transfers for RWDS, these transfers are offset on the Water and 
Water Reclamation Uses side. The favorable variance is offset by lower than expected Water Service Charges due to higher than 
expected rainfall.
$ in millions/rounding differences and blank lines may occur. 
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Page 31 of 42

City of Scottsdale 
WestWorld
Statement of Operations - General Fund
Twelve Months: Fiscal Year
2025/26 
2025/25 
2025/26
FY 2023/24 FY 2024/25 Adopted 
Approved Forecast
Actual 
Actual 
Budget 
Budget 
Budget
Qperatitw Revenue
Rental Facilities'"''
RV Rental
Feed/Bedding Sales 
Labor Fees 
Other Income'^
Equidome Project Use Fee 
Operating Transfer In'-'
$3,834,129
513,000
955,820
449,295
132,588
350,000
250,000
$5,198,940
572,343
994,043
587,920
513,337
360,000
250,000
$4,195,551 
$4,195,551
529,275
965,287
461,324
188,822
360,000
500,000
529,275
965,287
461,324
188,822
360,000
500,000
OnefHlinQExiiefiaM”
Fiersonnel Ssvlces
Wages/Salaries/Benefits
Overtime
Contractual Senloes
Contractual Workers 
Utilities'''
Maintenance & Equipment Rental & Fleet 
Property, Liability & Workers' Comp 
Adverlising/Marketing Contract 
Landfill Contract & Waste Disposal 
Other
Commodities and CapHal Outlays
Agriculture & Florticulture & Other Supply 
Maintenance & Repairs Supply, Equipment 
Inventory Purchased for Resale 
Other Expenses
BOR Admin
BOR Admin/WestWorld
Allocated Expenses
COS Indirect Costs
$2,630,783
114,282
420,805
1,619,654
824,986
192,906
90,960
187,067
259,297
284,572
229,185
625,440
100,967
218,287
473,628
$2,826,943
146,131
420,944
1,890,452
1,008,397
231,311
108,302
190,889
279,433
127,672
141,910
672,751
61,397
229,202
549,254
$3,254,024
131,191
459,719
2,184,581
1,067,598
377,671
313,524
334,135
415,575
151,127
145,429
629,521
96,875
240,562
540,627
Operating Expenses $8,272320 
$8385308 
$10342359 
$10342359
Operating Income Before Debt Service 
and One-Time Expenses
Debt Service ■ (52 & 17 acres) ‘ 
Debt Service TNEC(S41.935M)
$2,255,480
1,283,136
$5,978,230
1,289,529
$311,443
1,291,321
One-Time Expenses
Monterra Contract Termination 
General Fund Operating Contingency ■ Monterra 
One time repairs (barns, bleachers, machinery & 
equipment, message board)
One-TInne Expenses
$
309,787
$309,787
$2,000,000
(2,000,000)
$■
$■
48,660
$48,660
$4,674,551
529,275
965,287
511,324
188,822
360,000
500,000
Operating Revenue $6,504332 
$8,576383 
$7300359 
$7300359 
$7,729359
$3,254,024
131,191
459,719
2,184,581
1,067,598
377,671
313,524
334,135
415,575
151,127
145,429
629,521
96,875
240,662
540,627
$2,956,654
128,663
459,719
2,184,581
1,067,598
377,671
313,524
334,135
415,575
151,127
145,429
629,521
96,875
240,662
540,627
$10342361
($1,767,988) 
($308,425) 
($3,142,000) 
($3,142,000) 
($2,313,102)
$311,443
1,291,321
$311,443
1,291,321
Net Debt Service $3,538,616 
$7367,759 
$1,602,764 
$1,602,764 
$1302.764
$•
48,660
$48,660
$•
48,660
$48,660
Operating Income After Debt Service 
and One-Time Expenses
($5,616,391) 
($7,576,184) 
($4,793,424) 
($4,793,424) 
($3,964,526)
The Statement ut Operations indudes recorded revenues and expenotiures and dues not include Uie oveiali ecununiic uenetil lu Scullsdale ihal is created
by WeslWortd's operations, Arizona State University's Seidman Research Institute conducted an___________, to quantify the oveialt benefit in
2024. According to the study, the regional effect of WestWorld's 2023/2024 operations included $4.8 million in Transaction Privilege Tax and Transient Tax 
for the City of Scottsdale. $163.6 million contribution to the stale's GOP, S85.6 million in labor income, and 1.813 jobs supported statewide.
WestWorld recognized revenues and expenses from three Barrelt-Jackson events rather than two in FY 2024/25 due to the settlement of the January 2024 
event not occurring until FY 2024/25.
The Operating Transfers In is a contribution from the Tourism Development Fund for operational support.
■* Increased utility costs are mainly due to higher electricity consumption requited to support events.
The 202tB MPC bond issue was distributed across 11 purposes and designed to achieve consistent annual savings on an aggregate basis. Of the Tony 
Nelsscn Equestrian Center debt refinanced through this issuance. St .2 million was attributed to the Tourism Development Fund contribution. The debt service 
vanes depending on how allocations were made among the refunded bond issues to maintain overall level savings.
‘ Debt related to the 2014 MPC Refunding Bonds was paid oft in FY 2024/25.
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March 2026 
Page 32 of 42

City of Scottsdale 
WestWorld
Statement of Operations for March 2026 - General Fund
FY 2023/24 FY 2024/25 FY 2025/26 
FY 2025/26
YTD 
YTD 
YTD 
Approved 
Varlanee Varlanoe
Actual 
Actual 
Actual 
YTD Budget Amount Percentage
OperatifKi Revenue
Rental Facilities ‘‘
RV Rental
Feed/Bedding Sales 
Labor Fees 
Other Income'^
Equidome Project Use Fee 
Operating Transfer In'"’
$2,446,775
382,932
722,125
213,596
79,355
360,000
250,000
$3,058,344
503,870
729,674
273,448
248,302
360,000
250,000
$3,224,114
356,977
613,059
259,787
173,394
240,000
500,000
$2,305,211
289,275
622,787
216.324
109.324 
240,000 
500,000
Qpefating Expenses^
Personnel Services
Wages/Salanes/Benefits
Overtime
Contractual Services
Contractual Workers 
Utilities"'
Maintenance 8 Equipment Rental & Fleet 
Property, Liability & Workers' Comp 
Advertising/Marketing Contract 
Landfill Contract & Waste Disposal 
Other
Commodities and Capital Outlays
Agriculture & Horticulture & Other Supply 
Maintenance & Repairs Supply, Equipment 
Inventory Purchased for Resale 
Other Expenses
BOR Admin
BOR Admin/WestWorld
Allocated Expenses
COS Indirect Costs
$2,003,609
85,706
182,334
1,128,959
515,783
144,892
86,460
68,571
137,240
94,659
137,721
404,662
25,766
218,287
355,221
$2,151,336
114,094
198,622
1,364,369
788,515
231,311
61,028
63,404
149,438
47,698
98,954
378,109
53,366
229,202
411,948
$2,122,723
76,339
328,178
1,273,058
842,817
378,677
269,354
114,291
213,760
72,918
164,813
423,063
31,332
240,662
405,470
Operating Expenses $5,589,872 
$6,341,893 
$6,957,455 
$7,584,845
Operating Income Before Debt Service 
and One-Time Expenses
Debt Rnfvigft (| pna contributions)^
Debt Service ■ (52& 17 acres) “
Debt Service-TNEC ($41.935M)
Net Debt Service
One-Time Pvpennen
Monterra Contract Termination 
General Fund Operating Contingency ■ Monterra 
One-time repairs (bams, bleachers, machinery & 
equipment, message board)
One-Tkne Expenses
$501,496
380,229
$881,725
$■
204,828
$204,828
$423,554
293,136
$716,690
$2,000,000
(2,000,000)
S-
$154,330
284,529
$438,859
$■
$-
Operating Income After Debt Service 
and One-Time Expenses
$918,903
67,702
(9,728)
43,463
64,070
Operatino Revenue $4,454,784 
$5,423,638 
$5,371,476 
$4,282,921 
$1,088,555
$2,502,418
124,077
344,495
1,584,279
833,198
377,671
265,323
101,656
160,644
107,725
61,085
435,921
40,221
240,662
405,470
$379,695
47.738
16,317
311,221
(9,619)
(1,006)
(4,031)
(12,635)
(53,116)
34,807
(103,728)
12,858
8,889
$627^1
($1,135,088) 
($917,755) 
($1,585,979) 
($3,301,924) 
$1,715,945
$154,330
284,529
$438,859
$■
48,660
$48,660
S-
$-
$■
48,660
$48,660
($2^21,641) 
($1,634,445) 
($2.024338) 
($3,789,443) 
$1,764,605
40%
23%
(2%)
20%
59%
25%
15%
38%
5%
20%
(1%)
(0%)
(2%)
(12%)
(33%)
32%
<(100%)
3%
<(100%)
8%
52%
•%
•%
■%
100%
100%
47%
The Statement of Operations includes recorded revenues and expenditures and does not mclude the overall economic Denefit to Scottsdale that is created by WestWorld s
operations. Arizona State University's Seidman Research Institute conducted an____________ to quantify the overall benefit in 2024. According to the study, the
regional effect of WestWorld's 2023/2024 operations included $4.8 million in Transaction Privilege Tax and Transient Tax for the City of Scottsdale. S163.6 million contributxjn 
to the stale's GDP, S85 6 million in labrdr income, and 1.813 jobs supported statewide.
WestWorld recognized revenues and expenses from three Barrett-Jackson events rather than two in FV 2024/25 due to the settlement of the January 2024 event not 
occurring until FY 2024/25,
The Operating Transfers In is a contribution from the Tourism Development Fund for operational support.
'* Increased utility costs are mainly due to higher electricity consumption requved to support events.
'' The 2021B MPC bond issue was distributed across 11 purposes and designed to achieve consistent annual savings on an aggregate basis. Of the Tony Nelssen Equestrian 
Center debt refinanced through this issuance, $1.2 million was attributed to the Tourism Development Fund contribution. The debt service varies depending on how allocations 
were made among the refunded bond issues to maintain overall level savings.
'■ Debt related to the 2014 MPC Refunding Bonds was paid off in FY 2024/25. 
March 2026
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City of Scottsdale 
WestWorld
Statement of Operations - Other Funds
Twelve Months: Fiscal Year
2023/24
Actual
2024/25
Actuals
2025/26
Adopted
Budget
2025/26
Approved
Budget
Parking
Bed Tax Contribution - Marketing" 
BOR Funds'^
$1,430,933
180,119
$1,409,944
161,015
$1,286,364
285,000
515,426
$1,286,364
285,000
515,426
Expenses
Contractual Services
Advertising/Marketing Contract
BOR
Other
WestWorld Master Plan Projects'^
Transfer Out to CIP®^
Expenses
Debt Service /Less contributions^^
Debt Service - TNEC Tourism Funded 
Bed Tax Contributions - TNEC
Net Debt Service
Operating Income After Expenses and 
Debt Service
$180,119
$180,119
$1,200,000
(1,200,000)
$-
$161,015
26,799
51,096
$238,909
$1,200,000
(1,200,000)
$■
$285,000
100,000
6
4,242,389
$4,627,395
$1,200,000
(1,200,000)
$-
$285,000
100,000
6
4,242,389
$4,627,395
$1,200,000
(1,200,000)
$-
2025/26
Forecast
Budget
$1,461,364
285,000
515,426
Revenue $1,611,052 
$1,570,959 
$2,086,790 
$2,086,790 
$2,261,790
$285,000
100,000
6
2,399,814
$2,784,820
$1,200,000
(1,200,000)
$-
$1,430,933 
$1,332,050 
($2,540,605) 
($2,540,605) 
($523,030)
' The contribution for marketing efforts is spent writhin the Tourism Development Fund instead of being transferred to the General Fund.
" Bureau of Reclamation (BOR) funds for FY 2025/26 BOR funded projects include a $400,000 Transfer Out to CIP for the Monterra Improvements 
Project.
" WestWorld Master Plan budget was moved to the CIP in FY 2025/26.
"Transfers Out to CIP in FY 2025/26 include the following projeols: PD2304 ■ WestWorld Parking Access Plan, PD2501 • WestWorld Trail Parking 
Access Improvements, PD2607 - WestWorld Polo Field Renovation (amended to design only in the FY 2025/26 forecast), PP2501 - Scottsdale 
Sports Complex Turf Replacement, PP2608 ■ Scottsdale Sports Complex ■ Replace Pump Station, and PD2605 Monterra Improvements (BOR 
funded).
In FY 2025/26, the Special Event Parking (WestWorld Per Attendee Fee) fund balance was used to fund $2 million of the total $2.4 million Transfer 
Out to CIP.
'Hhe 2021B MPC bond issue was distributed across 11 purposes and designed to achieve consistent annual savings on an aggregate basis. Of 
the Tony Nelssen Equestrian Center debt refinanced through this issuance, $1.2 million was attributed to the Tourism Development Fund 
contribution.
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City of Scottsdale 
WestWorld
Statement of Operations for March 2026 • Other Funds
Bemiue
Parking
Bed Tax Contribution - Marketing'' 
BOR FundsA2
Revenue
EspensGS
Contractual Services
Advertising/Marketing Contract
BOR
Other
WesWorld Master Plan Projects
Expenses
Operating Income After Expenses
FY 2023/24 
YTD 
Actual
$375,347
$375,347
S-
9,908
$9,908
$365,439
FY 2024/25 
YTD 
Actual
FY 2025/26 
YTD 
Actual
FY 2025/26 
Approved 
YTD Budget
Variance
Amount
Variance
Percentage
$441,817
161,015
$602,832
$161,015
11,311
51,096
$428,360
110,000
$538,360
$110,000
88
$379,906 
195,000 
15,426
$48,454
(85,000)
(15,426)
$590,332 
($51,972)
$223,422 
$110,088
$379,410
$428,272
$195,000
6
$195,006
$395,326
$85,000
(88)
6
13%
(44%)
(100%)
(9%)
44%
(100%)
100%
$84,918 
44%
$32,946
8%
The contribution for marketing efforts Is spent within the Tourism Development Fund instead of being transferred to the General Fund. 
Bureau of Reclamation (BOR) funds is for BOR funded projects.
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Jr
♦
■f
tr
K
w
Privilege (Sales) & Use Tax Collections For March 2026
(For Business Activity in Februaiy 2026)
Appendix 1 contains information regarding the “actual” revenue collections from the 1.0 percent Privilege and 
Use Tax reflected in the General Fund, 0.2 percent dedicated Transportation Privilege Tax, 0.1 percent 
additional dedicated to Transportation Privilege and Use Taxes, 0.2 percent dedicated Preserve Privilege and 
Use Taxes (expired June 30,2025), 0.15 percent additional dedicated Preserve Privilege and Use Taxes, 0.15 
percent Parks and Preserve Privilege and Use Taxes (effective July 1, 2025), and 0.1 percent dedicated Public 
Safety Privilege and Use Taxes, including adjustments for related license revenues, late collections and audits. 
While the report includes the actual year-to-date tax collections for the funds previously noted, only the General 
Fund portion (1.0 percent) of the tax js unrestricted and available for general government purposes,
The fiscal year to date Privilege and Use Tax (1.0 percent General Purpose) collections increased 3 percent 
compared to the Budget, and decreased 12 percent compared to the same period a year ago.
Privilege (Sales) & Use Tax by Category and Fund
Rscal Year; Tw elve Months
1,00% General Rjrpose
Amusement 
Automotive 
Constructidn 
Dining/Bitertainnent 
Food Stores 
Hotel/Motel 
Major DepL Stores 
Manufacturing 
Msc. Retail Stores 
Other Activity 
Rentals
Service with Retail
Utilities
Wholesale
2023/24
Actual
2024/25
Actual
Subtotal
0.10% PubSc Safety 
0.20% Transportatcn 1990 
0.10% Transportation 2019 
0.20% McDowell Preserve 1995 
0.15% F^rks & Preserve 2025 
0.15% McDowell Preserve 2004 _ 
Total_
Roundirig differencesmay occur
n/a
20.7
17.3
16.8 
9;7
10.3
11.7 
n/a
38.5
22.1
22.8 
n/a . 
5.4 
n/a
$175:4
$17.3
33.6
17.3
34.5
h/a
25.9
$304.0
$3.0
21.7
19.6
9.5
9.5 
10.5 
12.0
2.6 
40.0
4.6
19.0
8.5
5.8
4.0
$179.1
$35.8
34.1
17.6
35:2
h/a
26:4
$3io;o
2025/26
Adopted
Budget
$2.9
21.9
18.6
15.7
9.3
10.0
12.2
2.2
40.5
6.0
14.4
7.8
5.8 
3.5
2025/26
Revised
Budget
2025/26
Approved
Adjustments
$170.8
$17.4
33.6
16.8
25.2
25.2
$289.1
$2.9
21.9
18,6
15.7
9.3
10.0
12.2
2.2
40.5
6.0
14.4
7.8
5.8 
3.5
$170.8
$17:4
33.6
16.8
r
25.2
25.2
$289.1
$0:0
0.0
0.0
0.0
0.0
0.0
0.0
0,0.
0.0
0.0
0.0
0.0
0.0
do
$0.0
$0.0
0.0
0.0
d.o
0.0
0.0
$0.0
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Privilege (Sales) & Use Tax by Category and Fund
Fiscal Year-to-Date; March 2026
1.00% General F\jrpose
Amusement 
Automotive 
Construction 
Dining/ Bitertainment 
Food Stores 
Hotel/Motel 
Major Dept. Stores 
Manufacturing 
Msc. Retail Stores 
Other Activity 
Rentals
Service w ith Retail
unities
Wholesale
2023/24
Actual
n/a
15.3
13.6 
12.2
7.3
6.8
9.1 
n/a
28.6 
16.6
17.4 
n/a
4.1 
n/a
2024/25
Actual
$2.1
16.8
14.7 
12.5
7.8
7.5
9.5 
2.0
31.8
5.2 
16.3
6.3
4.5 
3.1
2025/26
Actual
$2.1
15.6
14.9
12.4
7.3 
7.6 
9.0
2.5
32.3
5.5
11.4
7.4 
4.3 
3.1
Actual vs. Budget 
2025/26 Favorable/tUnfavorable) 
Budget Amount f^rcent
$2.0
17.0
14.4
11.5
7.7 
7.1
9.5
1.7 
31.2
4.8 
11.1
5.9
4.5 
2.8
$0.1
(1.4)
0.5
0.8
(0.4)
0.5
(0.6)
0.7
1.1
0.6
0.4
1.4
(0.3)
0.3
6%
-8%
3%
7%
-6%
7%
-6%
42%
3%
13%
3%
24%
-6%
10%
Subtotal $130.9
$140.0
$135.1
$131.3
$3.8
3%
0.10% Rjblic Safety 
0.20% Transportation 1990 
0.10% Transportation 2019 
0.20% McDowell Preserve 1995 
0.15% Rarks & Preserve 2025 
0.15% McDowell Reserve 2004 
Total'
% Change vs. Rior Year
Top 20 Taxpayers 
% of Total
% Change vs. Rbr Year
$12.9 
$13.7 
$13.3 
$13.5 
($0.2) 
-2%
25.1 
26.5 
25.5 
26.0 
(0.5) 
-2%
12.9 
13.7 
13.3 
13.0 
0.2 
2%
25.7 
27.5 
3.4 
- 
3.4
n/a 
n/a 
17.4 
19.4 
(2.0) 
-10%
19.3 
20.6 
19.9 
19.5 
0.4 
2%
$226.7
$242.2
$212.3
$222.7
$5.1
2%
0%
$45.4
20%
3%
7%
$49.4
20%
9%
-12%
$47.6
22%
-4%
-8%
Rounding differences may occur.
Privilege (Sales) & Use Tax
12 Month Rolling 
1.00% General Fund in Millions
S2000
$1900
S180 0
S1700
S160 0
SISOO
S140 0
S1300
S1200
SHOO
SICOO
I
s
FY24/25
I
z
I
I
t
FY25/26
Apf-23 Jun 23 Aug 23 Oct-23 Det, 23 ftti-24 
)ufv24 Au| 24 
(0cv24 
Oc-24 Feb 25 Apf 25 Jun 25 
Alj£'25 
Oa-25 Dec-25 Pcb 26
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Amusement Sales Taxes
This category includes businesses such as movie theatres, golf courses, gyms, bowling centers, tours, and 
amusement arcades.
Actual to Revised Budget variance of $0.1 million or 6%; This is due in part to timing issue of when tax 
returns were filed this year versus last year in addition to the businesses in this category are doing better than 
anticipated.
Automotive Sales faxes
The automotive category includes automobile dealers, motorcycle dealers, automotive repair shops, tire shops, 
car washes, and car leasing companies.
Actual to Revised Budget variatice of ($1.4) million or (8%); This is due in part to timing issue of when tax 
returns were filed this year versus last year in addition to some car dealers reporting a decrease in sales.
Construction Sales Taxes
The construction tax is collected on all construction activities; commercial and residential; new and re-model. 
It also includes landscaping, painting, flooring installation, siding, roofing, concrete, plumbing, heating, 
electrical, framing, drywall, infrastructure, masonry, finish carpentry, etc.
Actual to Revised Budget variance of $0.5 million or 3%: This is due in part to an increase in 
residential/commercial construction and one-time audit payments.
DInina/EntertaInment Sales Taxes
The restaurant category includes restaurants, bars, cafeterias, mobile food vendors, and caterers.
Actual to Revised Budget variance of $0.8 million or 7%: The variance is due in part to the businesses in 
this category doing better than anticipated.
Food Stores Sales Taxes
This category includes grocery stores, candy stores, meat markets and convenience stores.
Actual to Revised Budget variance of ($0.4) million or (6%): The variance is due in part to a decrease in 
sales.
Hotei/Motel Sales Taxes
This category includes lodging space rental on a short-term basis and other activities provided at the 
hotel/motel.
Actual to Revised Budget variance of $0.5 million or 7%: The variance is due in part to the businesses in 
this category doing better than anticipated.
Major Department Stores Sales Taxes
This category includes large department stores, warehouse clubs, supercenters, and discount, department 
stores.
Actual to Revised Budget variance of ($0.6) million or (6%): This is due in part to timing issue of when tax 
returns were filed this year versus last year, and a decrease in sales.
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Manufacturing Sales Taxes
This category includes businesses that have identified therhselves as manufacturers.
Actual to Revised Budget variance of $0.7 million or 42%: The variance is due in part to a large one-time 
audit payment and an increase in purchases subject to use tax.
Miscellaneous Retail Stores Sales Taxes
This category includes small clothing stores, art galleries, luggage stores, home furnishing stores, jewelry 
stores, drug stores, hobby stores, household appliance stores, sporting goods stores, florists, computer stores, 
hardware stores, online shopping, and pet supply stores.
Actual to Revised Budget variance of $1.1 million or 3%: The variance is due in part to tiriiing issue of when 
tax returns were filed this year versus last year |n addition to some businesses doing better than anticipated.
Other ActMtv Sales Taxes
This category includes but not limited to publishers, banks, doctors, advertising, printing, education, and! 
transportation. This also includes license fees, penalties, and interest.
Actual to Revised Budget variance of $0.6 rhillion or 13%: The variance is due in part to the businesses in 
this category doing better than anticipated and one-time audit payments.
Rental Sales Taxes
The rental category includes rentals of commercial and residential real property and personal property rentals, 
(such as rentals of formal wear, DVD’s, home health equipment, recreational goods, electronics, appliances, 
etc.)
Actual to Revised Budget variance of ($0.4) rhillion or(3%): The variance is due in part to the businesses 
in this category not doing as good as last year.
Services with Retail Sales Taxes
This category includes interior designers, lawyers, ac(X)untants, architects, beauty salons, barber shops, 
personal goods repair shops, computer services, photographers, and other personal care services.
Actual to Revised Budget variance of $1.4 million or 24%: The variance is due in part to the businesses in 
this category doing better than anticipated and a one-time audit payment.
Utilities Sales Taxes
This category includes businesses that provide telecommunication (landlines and cellular), electricity, gas, or 
water services.
Actual to Revised Budget variance of ($0.3) million or (6%): The variance is due in part to timing issue of 
when tax returns were filed this year versus last year.
Wholesale Sales Taxes
This category includes businesses that have identified themselves as wholesalers.
Actual to Revised Budget variatice of $0.3 million or 10%: The variance is due in part to the businesses in 
this category doing better than anticipated.
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0
Glossary
To ensure legal compliance and financial management for the various restricted revenues and 
expenditures, the city's accounting and budget structure is segregated into various funds. This approach is unique to the 
government sector. Fund accounting segregates functions and activities into separate self-balancing funds that are created and 
maintained for specific purposes.
A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated 
for specific activities or objectives. The city, like other state and local governments, uses fund accounting to ensure 
and demonstrate compliance with finance-related legal requirements.
The General Fund is the city's chief operating fund and is used to account for all financial resources, except those that are 
legally required to be accounted for in another fund.
GENERAL FUND SOURCES
Taxes - Local - Encompasses a series of local taxes. The largest component of this source includes a 1.10 
percent sales tax, of which 0.10 percent is dedicated to public safety. The remaining 1.0 percent of the sales tax is available 
to fund basic municipal services such as police, fire, libraries, and parks. Sales tax receipts received in the current month 
are based on prior month activity. This general-purpose sales tax is the city's single largest revenue source. The sales tax category 
results can be found earlier in the report. Other revenue sources that make up this category include electric and gas franchise fees 
and cable TV license fees, which are revenues from utility and cable providers for their permitted use of the city's rights-of- 
way; a stormwater quality charge, which is a fee to help pay a portion of the city's stormwater management 
program and the Salt River Project (SRP) in lieu tax.
Property Taxes - Property taxes are comprised only of the "Primary" property taxes levied on the assessed value of all property 
within the city to help pay for basic operations of the city. Secondary property taxes are not included in the General Fund as they 
must be used solely for General Obligation bond debt service payments. Increases in revenue from year to year reflect new property 
additions to the tax roll and Council actions to increase total revenue as legally allowed.
State Shared Revenues - These revenues are derived from state shared sales taxes, income taxes, and vehicle license 
taxes (auto lieu). On a per capita basis, state sales taxes generated in Scottsdale tend to be higher than most other 
cities/towns due to higher wealth, consumer spending habits, and larger amounts of visitor/tourist spending. As directed 
by statute, the State distributes the shared portion of State sales taxes back to local governments based on population, not by 
the amount of sales taxes collected within the local jurisdiction.
Charges for Services/Other - Charges for Services include miscellaneous charges that do not fall into any other category such as 
property rentals, cell tower leases and stadium usage fees.
License Permits & Fees - These charges include those for fees and licenses associated with specific services and programs 
offered by the city.
Fines Fees & Forfeitures - These are charges penalizing individuals for violating a law or policy of the city or paying for 
services and facilities designed to support this punishment, such as the Court, Library and Public Safety - Police.
Interest Earnings - Revenues generated through investing activities of city funds throughout the year.
Building Permit Fees t Charges - These charges include the licensing of business activity and the associated fees relating to 
the license and regulation of specific activities.
Indirect/Direct Cost Allocations - Indirect cost allocations charged to the Enterprise Funds for specific central administrative 
functions which benefit the Enterprise operations (e.g. Information Technology, Payroll and Human Resources). Direct 
cost allocations represent Aviation Fund changes for the direct cost of fire service at the airport performed by General Fund 
personnel.
Transfers In - Transfers In represents movements between funds as approved through the budget process.
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V
Glossary
GENERAL FUND USES
Personnel Services includes the salaries and wages plus the city's contribution for fringe benefits such as retirement, social 
security, health, and workers' compensation insurance. It is reduced by vacancy savings, but increased for medical and vacation 
leave accrual payouts that are made at the time of separation from the city. Personnel Services also include pay-for-performance 
and compensation adjustments.
Contractual Services includes expenditures for services performed by firms, individuals, or other city divisions.
Commodities includes supplies, repair and replacement parts, small tools, and maintenance and repairs.
Capital Outlays includes the purchase of land, the purchase or construction of buildings, structures, and facilities, plus machinery 
and equipment. It includes expenditures that result in the acquisition or addition of a fixed asset or increases the capacity, 
efficiency, span of life, or economy of operating an existing fixed asset. For an item to qualify as capital outlay the 
expenditure must meet all of the following requirements: (1) have an estimated useful life of more than two years; (2) 
have a unit cost higher than $10,000; and (3) be betterment or improvement.
Contracts Payable includes payments required contractually for leases, other contractual obligations, and certificates 
participation which are a funding mechanism similar to bonds utilized for the purchase of capital Items.
Transfers Out represents the authorized transfer of cash to other funds and/or capital projects.
of
OTHER FUNDS
Transportation Fund is considered a Special Revenue Fund, which is used to account for the proceeds of specific revenue 
sources that are legally restricted to expenditures for specified purposes. The Transportation Fund receives and expends the 
city's allocation of the Arizona Highway User Revenue Tax (HURF) as well as other transportation related revenues. The 
amount of HURF available to each city is allocated based on population. These monies must be used for street construction, 
reconstruction, and maintenance. The State of Arizona requires the city to establish and maintain an accounting for Highway User 
Revenue Funds. The fund also accounts for the 1989 voter approved Transportation Privilege (Sales) Tax of 0.20 percent which is 
dedicated to funding transportation improvements and operations. Fifty percent of the Sales Tax - Transportation 
(0.20%) is transferred to the Capital Improvement Plan (CIP) for transportation related capital improvement projects, while 
100 percent of the Sales Tax - Transportation (0.10%) is collected and reported in the CIP.
Tourism Development Fund is a Special Revenue Fund to account for the sources and uses related to tourism. Revenues consist of 
transient lodging tax (bed tax) and lease rental earnings from the Fairmont Scottsdale Princess Resort. Bed Tax is the largest 
portion of this fund and is derived from lodging room charges for stays of 29 days or less in hotels or short-term rentals.
Enterprise Funds are used to account for operations, which are financed and operated similarly to private businesses, where 
the intent is that the service is self-sufficient, with all costs including debt service supported predominantly by user charges. The 
city maintains three Enterprise Funds to account for Water & Water Reclamation, Aviation, and Solid Waste activities.
Water & Water Reclamation Funds
This fund accounts for the transactions related to the city's water and water reclamation business activities, 
including operating revenue, expenditures, and debt service payments.
Water Service Charges are monthly water billings which consist of a base charge according to meter 
size and a variable charge for the amount of water consumed.
• 
Water Reclamation Service Charges are monthly charges based on the volume and strength of the sewage 
discharge.
• 
Non-Potable Water Fees include the sale of surface water, reverse osmosis and effluent treated to irrigation 
standards. These different water types are delivered to 22 Reclaimed Water Distribution System golf courses, 3 
Irrigation Water Distribution System golf courses, the Gainey Ranch Golf Club, the WestWorld golf course and the 
Inlet/Silverado golf course.
• 
Miscellaneous Revenue includes rental income, miscellaneous reimbursements and other minor fees.
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•m
Glossary
Aviation Fund
This fund accounts for the transactions related to the city's aviation business activity at the Scottsdale Airport.
Aviation Fees are charges for a variety of services provided to airport customers including landing fees, airport/airpark fuel 
fees, transient parking fees, fixed tenant rents, percentage fees for aeronautical business permits, custom fees, and 
miscellaneous other charges.
Privilege and Use Tax-Jet Fuel are charges earned from jet fuel sales by fixed based operators in accordance 
with the Scottsdale Revised Code, Article IV, Section 422.
Solid Waste Fund
This fund accounts for the transactions related to the city's solid waste and recycling business activities.
• Solid Waste Fees include residential charges which are a flat fee per month and commercial charges which are based 
on the size of the container and the number of pickups per month. Additionally, solid waste rates include roll-off charges, 
uncontained service charges, recycling program charges, and household hazardous waste collection charges.
Internal Service Funds are used to account for the financing, on a cost-reimbursement basis, of commodities or services provided 
by one program for the benefit of other programs within the city. The report includes four Internal Service Funds to 
account for Fleet, Risk, Benefits and PC placement activities.
Fleet Management Fund
This fund is used to account for the expenditures associated with purchasing and maintaining the city's vehicles. Replacement 
and operation of vehicles are charged to the city departments as internal operating costs to each program based 
on the quantity and type of vehicle used. The department charges become revenue to the Fleet Management Fund.
Risk Management Fund
This fund is used to account for the city's self-insurance, safety and risk management functions. Revenue to this fund is 
derived from internal charges to division programs and is captured as internal rates. Payments for unemployment, 
workers' compensation, and property and liability claims are made from this fund.
Healthcare Self Insurance Fund
This fund is used to account for the city's self-insured medical and dental benefits. Revenue to this fund is derived from 
premiums collected through charges to divisions, which consists of both city and employee components.
Revenue is also collected through pharmacy rebates and stop loss insurance recoveries. This fund provides payment of 
actual healthcare expenses (medical, prescription and dental claims) as well as claims administration and other benefit 
plan expenses.
PC Replacement Fund
This fund is used to account for the expenditures associated with purchasing the city's computers, monitors, and printers.
The replacement of computers, monitors, and printers (hardware) is charged to the city divisions as an internal operating 
cost based on the quantity and type of hardware used. The divisions' charges become revenue to the PC replacement Fund.
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