Supporting Document (49d7a003...)

/
IteW^UsS:
CITY COUNCIl
REPORT
I
■w
Meeting Date; 
Charter Provision:
Objective:
ACTION
April 28, 2026
Provide for the orderly government and administration of the 
affairs of the City 
Adopt Budgets
Accept the Fiscal Year 2025/26 Monthly Financial Report showing activity through February 
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 
February 2026 to prior years was sent in an email by the City Treasurer to the City Council on 
March 20, 2026.
ANALYSIS & ASSESSMENT 
There are no proposed FY 2025/26 budget adjustments or use of contingency requested for tbe 
February 2026 Monthly Financial Report.
OPTIONS & STAFF RECOMMENDATION
Staff recommends the acceptance of the Fiscal Year 2025/26 Monthly Financial Report as of 
February 2026.
Action Taken _

City Council Report | ACCEPT FEBRUARY 2026 FINANCIAL REPORT
RESPONSIBLE DIVISIQN(S)
City Treasurer
STAFF CONTACT(S]
Scott Selin, Budget Director, (480] 312-2603, sselin@scottsdaleaz.gov
APPROVED BY
Sonia Andrew^, City Treasurer/Chief Financial Officer
(480] 312-2364. sandrews@scottsdaleaz.gov
Date
ATTACHMENTS
1. Monthly Financial Report Fiscal Year-to-Date as of February 2026.
Page 2 of 2

cijy OFlIxW
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Monthly Financial Report
Fiscal Year to Date as of 
February 28, 2026
Report to the City Council
Prepared by the City Treasurer
April 28, 2026

General Fund
Sources
Twelve Months: Fiscal Year
Taxes-Local 
Property Tax J
102.7
I
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
SO.O
I FY 2023/24 
Actuals
40.0
7.2
20.3
19.5
7.2
11.1
23.8
0
9.2
20.8
$50.0
$100.0
$150.0
$200.0
$250.0
I FY 2024/25 
Actuals
I FY 2025/26 Approved Budget
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
$208.0
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
20.3 
19.5
7.2 
11.1
23.8
9.2
20.8
Total Sources
$458.3
$456.1
$451.9
Note: $ in millions/rounding differences and blank lines may occur.
February 2026 
Page 1 of 12

General Fund
Sources (Fiscal Year to Date: February 2026)
Taxes-Local
Property Tax
S134.0
29.2
State Shared Revenues
66.1
Charges for Service/Other
License Permits & Fees
Fines Fees & Forfeitures
Interest Earnings
B.
14.3
10.2
K 4.8
12.9
Building Permit Fees & Charges
Indirect/Direct Cost Allocations
Transfers In
15.0
9.3
.8
$0.0 
$20.0 
$40,0 
$60.0 
$80.0 
$100.0 
$120.0 
$140.0
I FY 2023/24 Actuals ■ FY 2024/25 Actuals ■ FY 2025/26 Actuals FY 2025/26 Approved Budget
$160.0
FY 2023/24 
Actuals
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
$122.1
22.0
65.0
12.3 
6.8
3.8 
7.1
12.7
4.9
13.4
FY 2024/25 
Actuals
$124,9
17.8 
58.5
11.9 
7.0 
4.3 
8.7
12.9 
9.2
11.3
FY 2025/26 FY 2025/26 
Actuals Approved Budget
$134.0
29.2 
66.1
14.3 
10.2
4.8 
12.9 
15.0
9.3
7.8
$130.8
25.8
63.8 
12.0 
12.5
4.6
7.3 
15.3
9.3 
7.9
Vanance
Amount
$3.1
3.4
2,2
2.3
(2.3)
0.3
5.6
(0,3)
(0.1)
Variance
Percent
2%
13%
3%
19%
(19%)
6%
77%
(2%)
(1%)
Total Sources
$270.1
$266.5
$303.5
$289.3
$14.2
5%
Note: $ in millions/rounding differences and blank lines may occur.
February 2026 
Page 2 of 12

General Fund
Taxes - Local (Fiscal Year to Date: February 2026)
FY 2023/24 FY 2024/25
Actuals
Sales Tax 1.10%
Electric & Gas Franchise 
Cable TV License Fee 
Salt River Project In Lieu 
Stormwater Fee
$111.9
7.8
1.7
0.1
0.6
Actuals
FY 2025/26
FY 2025/26
Actuals Approved Budget
Variance
Amount
$116.4
6.2
1.6
0.1
0.6
$123.5
8.2
1.5
0.1
0.6
$121.1
7.6
1.4
0.1
0.6
$2.5
0.6
0.0
Variance
Percent
2%
8%
2%
Taxes-Local Total
$122.1 
$124.9
$134.0
$130.8
$3.1
2%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $3.1 million or 2%:
The favorable variance is primarily due to Sales Tax. See detailed information regarding Sales Tax in tbe Sales Tax 1.10% section. Tbe 
favorable variance in Electric & Gas Franchises Fees is due to higher than anticipated electricity usage; the positive variance is partially 
offset by lower than anticipated gas usage.
Sales Tax 1.10% (Fiscal Year to Date: February 2026)
FY 2023/24 
Actuals
FY 2024/25 
Actuals
FY 2025/26 
Actuals
FY 2025/26 
Approved Budget
Variance
Amount
Variance
Percent
Automotive 
Construction 
Dining/Entertainment 
Food Stores 
Flotel/Motel 
Major Dept Stores 
Misc Retail Stores 
Other Activity*
Rental
Utilities
$12.9
12.1
10.1
6.4
5.4 
7.9
24.4
14.4 
15.0
3.5
$13.6
12.1
9.9
5.8 
5.5 
8.1
26.8
15.8
14.7
3.9
$13.9
14.4
11.3
6.4
6.1
8.3
29.8
18.8 
10.8
3.8
$15.8
13.3
10.3
6.7 
6.1
8.7 
28.6 
16.1 
11.2
4.3
($1.9)
1.1
1.0
(0.3)
0.1
(0.4)
1.3
2.7
(0.4)
(0.4)
(12%)
8%
9%
(5%)
1%
(4%)
4%
17%
(4%)
(10%)
Sales Tax Total
$111.9 
$116.4
$123.5
$121.1
$2.5
2%
Note: $ in millions/rounding differences and blank lines may occur.
*Other Activity includes Amusement, Manufacturing, Wholesale and Services with Retail.
Actual to Approved Budget variance of $2.5 million or 2%:
The favorable variance primarily is due to 1) Other Activity - businesses in Services with Retail are doing better 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 - restaurant sales are reporting higher 
revenue than anticipated. The favorable variance is partially 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) Food Stores/Major Dept 
Stores/Rental/Utilities - businesses in these categories reported lower revenues and timing differences when tax returns were filed 
this year versus last year.
February 2026 
Page 3 of 12

Genera/ Fund
Property Tax (Fiscal Year to Date: February 2026)
FY 2023/24 
Actuals
FY 2024/25 FY 2025/26 FY 2025/26 Variance 
Variance
Actuals 
Actuals Approved Budget Amount 
Percent
Property Tax
$22.0
$17.8
$29.2
$25.8
$3.4
13%
Property Tax Total
$22.0
$17.8
$29.2
$25,8
$3.4
13%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $3.4 million or 13%:
The favorable variance is due to timing differences for when taxpayers paid property taxes last year versus this year. Over the 
upcoming months, actuals are expected to align with budgeted revenues.
State Shared Revenues (Fiscal Year to Date: February 2026)
FY 2023/24 FY 2024/25 FY 2025/26
FY 2025/26
Actuals
Actuals
Actuals Approved Budget
Variance
Amount
Variance
Percent
State Shared Sales Tax 
State Shared Income Tax 
Auto Lieu Tax
$20.6 
$20.9 
$25,3 
$25.2 
$0.2 
1%
37.6 
30.3 
32.0 
30.8 
1.1 
4%
6.8 
7.3 
8.7 
7,8 
0.9 
11%
State Shared Revenues Total
$65.0
$58.5
$66.1
$63.8
$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 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. The favorable variance in State Shared Sales Tax and Auto Lieu Tax is because Statewide 
collections have been higher than originally forecasted. The trend will be monitored over future months to determine if forecast 
adjustments are necessary.
February 2026 
Page 4 of 12

General Fund
Charges for Service/Other (Fiscal Year to Date: February 2026)
FY 2023/24 
Actuals
Westworld Equestrian Facility Fees 
Intergovernmental 
Miscellaneous 
Property Rental
$2.3
2.6
4.4
3.0
FY 2024/25 FY 2025/26
Actuals
FY 2025/26
$4.0
3.6
1.2
3.1
Actuals Approved Budget
$3.7
4.4
1.4 
4.8
$3.2
4.2
0.6
4.0
Variance
Amount
$0.5
0.2
0.7
0.8
Variance
Percent
17%
6%
>100%
19%
Charges for Service/Other Total
$12.3
$11.9
$14.3
$12.0
$2.3
19%
Note: S in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $2.3 million or 19%;
The favorable variance is primarily due to 1) Miscellaneous-received expense recovery from Phoenix Dispatch and Maricopa 
Ambulance Contract Services earlier than budgeted, and reimbursement from various cities for firefighter recruits attending the 
Scottsdale Fire Academy: and 2) Property Rental - higher than anticipated cell tower lease payments and increased golf course 
revenues.
License Permits & Fees (Fiscal Year to Date: February 2026)
FY 2023/24 
Actuals
Business & Liquor Licenses 
Fire Charges For Services 
Recreation Fees
$2.0
1.7
3.1
FY 2024/25 FY2025/26
Actuals
FY 2025/26
$2.0
1.8
3.2
Actuals Approved Budget
$2.2
4.4
3.5
$2.2
6.9
3.4
Variance
Amount
$ - 
(2.4) 
0.1
Variance
Percent
(35%)
3%
License Permits & Fees Total
$6.8
$7.0
$10.2
$12.5 
($2.3)
(19%)
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of ($2.3) million or (19%):
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: February 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
$1.9
0.1
1.6
0.2
$2.4
0.1
1.6
0.2
$2.7
0.1
1.8
0.2
$2.6
0.1
1.7
0.1
$0.0
0.1
0.1
1%
8%
>100%
Fines Fees & Forfeitures Total
$3.8
$4.3
$4.8
$4.6
$0.3
6%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $0.3 million or 6%:
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 has closed starting 
in March 2026 due to the temporary closure of the jail for completion of capital improvements. It is anticipated that revenues will 
gradually decrease down to zero until the Jail reopens in FY 2027/28. 
February 2026
Page 5 of 12

-♦.TK'POH
General Fund
Interest Earnings (Fiscal Year to Date: February 2026)
FY 2023/24 
Actuals
FY 2024/25 FY 2025/26 
FY 2025/26 Variance Variance
Actuals 
Actuals Approved Budget Amount 
Percent
Interest Earnings
$7.1
$8.7
$12.9
$7.3
$5.6
77%
Interest Earnings Total
$7.1
$8.7
$12.9
$7.3
$5.6
77%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $5.6 million or 77%;
The favorable variance in Interest Earnings is due to greater than forecasted fund balance.
Building Permit Fees & Charges (Fiscal Year to Date: February 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
$12.7
$12.9
$15.0
$15.3
($0.3)
(2%)
Building Permit Fees & Charges Total
$12.7
$12.9
$15.0
$15.3 
($0.3)
(2%)
Note: S in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of ($0.3) million or (2%);
The unfavorable variance is due to lower than anticipated revenue generated from plan review fees in the Planning and Development 
Services Department and delay in receiving the special event revenues in the Police Department due to billing cycles; 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; February 2026)
FY 2023/24 
Actuals
FY 2024/25 
Actuals
FY 2025/26
FY 2025/26
Actuals Approved Budget
Variance
Amount
Variance
Percent
Indirect Costs
Direct Cost Allocation (Fire)
$4.5
0.4
$8.8
0.4
$8.8
0.5
$8.8
0.5
$ -
Indirect/Direct Cost Allocations Total
$4.9
$9.2
$9.3
$9.3
$-
Note: $ 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 February 2026.
Transfers In (Fiscal Year to Date: February 2026)
FY 2023/24 
Actuals
Operating
Enterprise Franchise Fees
$7.5
5.9
FY 2024/25 FY 2025/26 
FY 2025/26 Variance Variance
Actuals 
Actuals Approved Budget Amount 
Percent
$4.8
6.5
$0.5
7.3
$0.5
7.4
$-
(0.1)
(1%)
Transfers In Total
$13.4
$11.3
$7.8
$7.9 
($0.1)
(1%)
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of ($0.1) million or (1%):
The unfavorable variance in Transfers In is due to Enterprise Franchise Fees - slightly lower than anticipated revenues from water service 
charges through February 2026. Although the overall variance for Enterprise Franchise Fees is still negative, they showed some signs of 
growth in February compared to budget.
February 2026 
Page 6 of 12

General Fund
Uses
Twelve Months: Fiscal Year
Personnel Services*
le-.:
$350.0
Contractual Services
Commodities
Capital Outlays
I
1.
14.3
99.7
Contracts Payable
0.5
Transfers Out
61.3
$0.0
$50.0
$100.0
I FY 2023/24 
Actuals
$150.0
■ FY 2024/25 
Actuals
$200.0
$250.0
I FY 2025/26
Approved Budget
$300.0
$350.0
$400.0
Personnel Services* 
Contractual Services 
Commodities 
Capital Outlays 
Contracts Payable 
Transfers Out
Total Uses
FY 2023/24 
Actuals
$257.3
84.4
12.5 
2.9 
0.4
89.1
$446.7
FY 2024/25 
Actuals
$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
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.
February 2026 
Page 7 of 12

General Fund
Uses (Fiscal Year to Date: February 2026)
Personnel Services
$239.0
Contractual Services
:■/ I
68.8
Commodities I 7.6
Capital Outlays g 4 4
L
Contracts Payable
0.5
Transfers Out
33.0
$0.0
$50.0
IFY 2023/24 
Actuals
$100.0
I FY 2024/25 
Actuals
$150.0
I FY 2025/26 
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
FY 2024/25 
Actuals
FY 2025/26
FY 2025/26
Actuals Approved Budget
$141.2
47.3
5.1
1.0
0.2
53.7
$165.8
61.1
6.0
1.0
0.2
1.0
$239.0
68.8
7.6
4.4
0.5
33.0
$247.6
74.1
9.4
6.2
0.5
33.0
Variance
Amount
Variance
Percent
$8.6
5.3
1.8
1.8
3%
7%
19%
29%
Total Uses
$248.5 
$235.1
$353.3
$370.8 
$17.5
Note; $ in millions/rounding differences and blank lines may occur.
5%
February 2026 
Page 8 of 12

General Fund
'5-Z 
' iGK^^SS
Personnel Services (Fiscal Year to Date; February 2026)
FY 2023/24 FY 2024/25 FY 2025/26
FY 2025/25
Actuals
Actuals
Actuals Approved Budget
Variance
Amount
Variance
Percent
Salaries 
Overtime 
Health/Dental 
Fringe Benefits 
Retirement 
Contract Workers
$92.4 
$108.7
6.9
13.0
6.3
22.1
0.5
9.0
14.1 
7.4
26.1 
0.5
$131.5
11.9
17.8
8.9
68.2
0.7
$138.9
10.4
18.3
9.4
70.2
0.3
$7.4
(1.5)
0.5
0.6
2.1
(0.4)
5%
(14%)
3%
6%
3%
>(100%)
Personnel Services Total
$141.2 
$165.8
$239.0
$247.6
$8.6
3%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $8.6 million or 3%:
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: February 2026)
FY 2023/24 FY 2024/25 FY 2025/26
FY 2025/26
Actuals
Actuals
Actuals Approved Budget
Variance
Amount
Variance
Percent
Professional Services
Communications
Travel Training and Conferences
Printing Duplication and Filming
Maintenance and Repair
Insurance
Rents
Transportation Services 
Utilities
Miscellaneous Services and Charges
$10.4
2.7 
0.6 
0.7
8.8 
7.6 
0.6 
8.2 
5.5 
2.1
$11.2
2.7
0.8
0.7
10.1
14.7
1.0
11.5
6.2
2.2
$13.2
2.9
0.8
0.8
11.3 
15.6
1.3
13.4 
7.0 
2.7
$14.0
3.3
1.4 
0.8
14.0
15.6
1.3
13.0
7.7
3.1
$0.8
0.4
0.7
2.7
(0.4)
0.6
0.5
6%
12%
46%
19%
(3%)
8%
15%
Contractual Services Total
$47.3 
$61.1
$68.8
$74.1
$5.3
7%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $5.3 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 and timing of invoices for the Enterprise Resources Planning system in the City Treasurer's Office, the 
variance will be cleared in future months when payments are issued; 2) Professional Services - timing of expense for the elections 
service in the City Clerk's Office and the billing contract for the ambulance service is less than anticiapted in the Fire Department; 
3) Travel Training and Conferences - delay in expenses due to the paramedic school starting later than budgeted; 4) Utilities- 
electricity usage has been less than anticipated across the city due to milder temperatures through February when compared to 
historical trends; and 5) Miscellaneous Services and Charges - timing of expenses for an Intergovernmental contract payment for 
election services in the City Clerk's Office.
February 2026 
Page 9 of 12

General Fund
Commodities (Fiscal Year to Date: February 2026)
FY 2023/24 FY 2024/25
FY 2025/26
FY 2025/26
Actuals
Actuals
Actuals Approved Budget
Operating Supplies 
Purchased for Resale 
Library Materials 
Maintenance and Repair Supplies
$3.2
0.2
0.2
1.5
$4.2
0.2
0.3
1.3
$5.3
0.4
0.2
1.8
$6.6
0.4
0.3
2.3
Variance
Amount
$1.3
0.5
Variance
Percent
20%
23%
Commodities Total
$5.1
$6.0
$7.6
$9.4
$1.8
19%
Actual to Approved Budget variance of $1.8 million or 19%:
The favorable variance is due to 1) Operating Supplies - timing of receiving clothing, personal equipment, and emergency 
medical supplies in the Fire Department; and 2) Maintenance and Repair Supplies - timing of receiving high rise equipment 
and tools 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: February 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
$0.3
0.7
$0.3
0.7
$0.0
4.4
$0.2
5.8
$0.2
1.5
90%
25%
Capital Outlays Total
$1.0
$1.0
$4.4
$6.2
$1.8
29%
Note: $ in millions/rounding differences and blank lines may occur.
Actual to Approved Budget variance of $1.8 million or 29%;
The favorable variance is primarily due to Machinery and Equipment - delays in receiving invoices for radio equipment for law 
enforcement communication and delays in spending for the laboratory equipment replacement, access control systems 
upgrade, motor vehicles, and upfitting in the Police and Fire Departments. The variance is expected to decrease in upcoming 
months as items are received and payments are issued.
February 2026 
Page 10 of 12

General Fund
•wiij.iiasi'.v.*
Contracts Payable (Fiscal Year to Date: February 2026)
Contracts Payable
FY 2023/24 FY 2024/25 FY 2025/26 FY 2025/26 Variance Variance 
Actuals 
Actuals 
Actuals Approved Budget Amount Percent
0%
$0.2
$0.2
$0.5
$0.5
$0.0
Contracts Payable
$0.2
$0.2
$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 February 2026.
Transfers Out (Fiscal Year to Date: February 2026)
FY 2023/24 
Actuals
FY 2024/25 
Actuals
FY 2025/26 FY 2025/26 Variance Variance 
Actuals Approved Budget 
Amount Percent
Other
Debt Service Fund 
CIP
CIP Construction Sales Tax 
CIP Excess Interest Earnings
$ -
53.7
$1.0
$ -
33.0
$ -
33.0
$-
Transfers Out Total
$53.7
$1.0
$33.0
$33.0
$ -
Note; $ 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 February 2026.
February 2026 
Page 11 of 12

General Fund
Department Expenditures (Fiscal Year to Date: February 2026)
Mayor And City Council | 50 7
City Court B 54 5 
Charter Officers 
Communications 1 2 7 
Economic Development | 0.7 
Enterprise Operations 
Fire Department 
Facilities Management
T 20.1
17.4
Human Resources | 31 
Information Technology 
Library & Human Services
Planning and Development Services 
0
Police Department 
Parks & Recreation & Preserve
15.0
16.E
Transportation and Infrastructure ^ 3 9
SO.O 
$20.0
62.9
144.6
$40.0
$60.0
$80.0
$100.0
$120.0
$140.0
$160.0
I py 2023/24 Actuals ■ FY 2024/25 Actuals BFy 2025/26 Actuals FY 2025/26 Approved Budget
Mayor And City Council
City Court
Charter Officers
Communications
Economic Development
Enterprise Operations
Fire Department
Facilities Management
Fluman Resources
Information Technology
Library & Human Services
Planning and Development Services
Police Department
Parks & Recreation & Preserve
Transportation and Infrastructure
Total
FY2023/24 
Actuals
$0.7
3.7 
15.2
2.0
0.8
10.6
42.5
14.8 
2.4
12.8
9.7
10.6 
81.0 
14.4
1.0
FY 2024/25 
Actuals
FY 2025/26 
Actuals
FY 2025/26 
Approved Budget
$0.7
4.2 
20.0
2.3 
0.9
13.2
51.8
16.9 
2.9
14.6
11.3
12.6
95.3 
16.9
1.2
$0.7
$4.6
20.1
2.7
0.7
9.9 
62.9 
17.4
3.1
15,0
9.6
10.0
144.6
16.6
1.9
$0.8
4.6
23.3 
2.9 
0.9
10.3
66.4 
18.3
3.6
15.6
10.6 
11.8
148.8
17.2
2.3
$222.2
$264.8
$319.8
$337.3
Variance
Amount
$0.1
(0.0)
$3.2
0.2
0.2
0.4
3.5
0.9
0.4
0.6
0.9
1.9
4.2
0.6
0.4
17.5
Variance
Percent
7%
(1%)
14%
7%
25%
4%
5%
5%
12%
4%
9%
16%
3%
3%
19%
5%
Note: $ in millions/rounding 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 (Water and Water Reclamation Funds, Solid Waste Fund and Aviation Fund)
Actual to Approved Budget variance of $17.5 million or 5%.
February 2026 
Page 12 of 12