Supporting Document (c0ede50f...)

Item 12
CITY COUNCIl
REPORT
X*rm
Meeting Date: 
Charter Provision:
Objective:
ACTION
January 27, 2026
Provide for the orderly government and administration of the 
affairs of the City 
Adopt Budgets
Accept the Fiscal Year 2024/25 Year-end Quarterly Financial Report as of June 2025.
BACKGROUND
Each month, the city publishes a year-to-date financial summary of the city for the General 
Fund. Quarterly, the summary also includes the Transportation Fund, Tourism Development 
Fund, Enterprise Funds, Fleet Management Fund, Risk Management Fund, and Healthcare Self 
Insurance Fund,
The report focuses on the General Fund and includes a summary of revenues and expenditures 
by major categories, highlighting significant variances.
The FY 2024/25 budget was adopted June 4, 2024, by Ordinance No. 4642 and No. 4643.
A preliminary monthly update comparing General Fund actual results for fiscal year-to-date 
through June 2025 to prior years was sent in an email by the City Treasurer to the City Council 
on July 22, 2025.
ANALYSIS & ASSESSMENT
There are no proposed FY 2024/25 budget adjustments or use of contingency requested for the 
June 2025 Year-end Quarterly Financial Report.
OPTIONS & STAFF RECOMMENDATION
Staff recommends the acceptance of the Fiscal Year 2024/25 Year-end Quarterly Financial 
Report as of June 2025.
Action Taken _Approved on consent

City Council Report | ACCEPT JUNE 2025 FINANCIAL REPORT
RESPONSIBLE DIVISIQN(S)
City Treasurer
STAFF CONTACT(S)
Scott Selin, Budget Director, (480) 312-2603, sselin@scottsdaleaz.gov
APPROVED BY
Sonia Andrews, Cit/Trea^urer/Chief Financial Officer 
(480) 312-2364. sandrews@scottsdaleaz.gov
I hz-
Date
ATTACHMENTS
1. Year-end Quarterly Financial Report Fiscal Year-to-Date as of June 2025.
Page 2 of2

k^1.m
.ijy
SCOTTSDALE
Monthly Financial Report
Fiscal Year to Date as of 
June 30, 2025
Report to the City Council
Prepared by the City Treasurer
January 27, 2026

General Fund
Sources
Twelve Months: Fiscal Year
Tsxss" Locsl
Property Tax
State Shared Revenues
Charges for Service/Other
License Permits & Fees JR 
Fines Fees a Forfeitures 5 
Interest Earnings
Building Permit Fees a Charges
Other Revenue
Indirect/Direct Cost Allocations U,
Transfers in HBF
$0.0
$50.0
$100.0
■ FY 2022/23 
■ FY 2023/24 
■ FY 2024/25
Actuais 
Actuals 
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
FY 2022/23 
Actuals
$214.1
35.8 
94.0 
17.0
10.8 
7.0 
6.9
17.6
21.2
7.2
19.4
$150.0
FY 2024/25 
Approved 
Budget
FY 2023/24 
Actuals
$208.0
36.5
113.7
19.2
11.3 
7.1
14.4 
21.7
0.1
8.3
18.0
$200.0
FY 2024/25 
Actuals
$212.1
32.3 
102.7
21.6
13.3 
7.7
16.6
23.2
9.3
17.2
$250.0
FY 2024/25 
Approved 
Budoet
$197.8
38.4 
101.3
17.2
15.5
7.2
15.6 
21.8
9.2 
15.8
Total Sources
$450.9
$458.3
$456.1
$439.7
Note: $ in millions/rounding differences and blank lines may occur.
June 2025 
Page 1 of 48

General Fund
Sources (Fiscal Year to Date: June 2025)
Taxes - Local 
Property Tax 
State Shared Revenues
32.3
2.7
$212.1
Charges for Service/Other 
$2i .6
License Permits & Fees-|^^ g13 3 
Fines Fees & Forfeitures-® 57 7 
Interest Earnings 
Building Permit Fees & Charges 
Other Revenue-I
Indirect/Direct Cost Allocations -wi jg 3
Transfers In
$16.6
$23,2
$17.2
I
$50.0
$100.0
$150.0
$200.0
$250.0
FY 2022/23 - Actuals
FY 2023/24 - Actuals
FY 2024/25 - Actuals
FY 2024/25 - 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 
Other Revenue
Indirect/Direct Cost Allocations 
Transfers In
FY 2022/23 
Actuals
$214.1
35.8 
94.0 
17.0
10.8 
7.0 
6.9
17.6
21.2
7.2
19.4
FY 2023/24 
Actuals
$208.0
36.5
113.7
19.2
11.3 
7.1
14.4 
21.7
0.1
8.3
18.0
FY 2024/25 
. Actual? . 
$212.1
32.3 
102.7
21.6
13.3 
7.7
16.6
23.2
9.3
17.2
FY 2024/25 
Approved 
Budget
$197.8
38.4 
101.3
17.2
15.5
7.2
15.6 
21.8
9.2 
15.8
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent 
7% 
(16%) 
1% 
25% 
(14%) 
6% 
7% 
7%
$14.3
(6.1)
1.4
4.4 
(2.1)
0.5
1.0
1.5
0.1
1.4
1%
9%
Total Sources
$450.9 
$458.3 
$456.1 
$439.7
$16.4
4%
Note: $ in millions/rounding differences and blank lines may occur.
June 2025 
Page 2 of 48

General Fund
■I
Taxes - Local (Fiscal Year to Date: June 2025)
Sales Tax
SalesTax-PublicSafety(0.10%)- ^ si7.6
Electric & Gas Franchise 
Cable TV License Fee 
Salt River Project In Lieu ■ 
Stormwater Fee-
Sl/9.1
S11.0
$3.2
$0.2
$1.0
SO.O
$59.0 
$118,0 
$177.0 
$236.0
Actual to Revised Budget variance of $14.3 million or 7%:
The favorable variance is primariiy due to Sales Tax. See 
detailed Sales Tax information on page 4. The favorable 
variance in Electric & Gas Franchise is due to higher than 
expected electric usage. The unfavorable variance in 
Cable TV License Fee is due to timing difference in 
receiving a quarterly payment.
FY 2022/23 - Actuals 
FY 2023/24 - Actuals
I FY 2024/25 - Actuals 
I FY2024/25-Approved Budget
Sales Tax
Sales Tax - Public Safety (0.10%)
Electric & Gas Franchise 
Cable TV License Fee 
Salt River Project In Lieu 
Stormwater Fee_____________________
Taxes - Local Total
Note; $ in millions/rounding differences and blank lines may occur.
FY 2022/23 
Actuals
$181.6
17.9
9.9
3.6
0.2
____ 1^
$214.1
FY 2023/24 
Actuals
$175.4
17.3
10.7
3.4
0.2
____
$208.0
FY 2024/25 
Actuals 
$179,1 
17.6 
11.0 
3,2 
0.2 
1.0
FY 2024/25 
Approved 
Budget 
$166.6 
16.4 
10.3 
3.3 
0.2 
1.0
Actual vs. Budget 
Favorable / (Unfavorable)
____AjTiouflt Percent
8% 
7% 
7% 
(5%)
$12.5
1.2
0.8
(0.2)
$212.1 
$197.8
$14.3
7%
June 2025 
Page 3 of 48

General Fund
Sales Tax (Fiscal Year to Date: June 2025)
Automotive 
Construction 
□ining/Entertnmnt 
Food Stores 
Hotei/Motel 
Major Dept Stores 
Misc Retaii Stores 
Other Activity 
Rentai 
Utilities 
Amusement 
Manufacturing-' 
Wholesale 
Service with Retail
S21.7
S19.6
si 6.9
$9.5
S10.5
S12.0
^19.0
S5.8
S3.2
S2.8
S4.3
S40.0
S9.2
Actual to Revised Budget variance of $12.5 million or 8%:
The favorable variance is primarily due to 1) Automotive - 
a large one-time audit payment, a new car dealership, and 
a fall car auction; 2) Construction - an increase in 
residential/commercial construction and one-time audit 
payments; 3) Misc. Retail Stores - a large one-time audit 
payment and businesses performed better than expected; 
and 4) Service with Retail - businesses performed better 
than expected. These favorable variances are partially 
being offset by Food Stores - some businesses did not 
perform as well as anticipated, consumer purchasing 
changes, and increased usage in Supplemental Nutrition 
Assistance Program (SNAP), which is exempt from saies 
tax.
SO.O
S20.0
FY 2022/23-Actuals 
FY 2023/24-Actuals
S40.0
FY 2024/25-Actuals 
FY 2024/25 - Approved Budget
Automotive
Construction
Dining/Entertainment
Food Stores
Flotel/Motel
Major Dept Stores
Misc Retail Stores
Other Activity
Rental
Utilities
Amusement
Manufacturing
Wholesale
Service with Retail
Sales Tax Total
FY 2024/25 
FY 2024/25 
Approved
.■..ActiiPl.5_ _Budget-
$21.7 
$19.7
19.6 
17.3
16.9 
16.0
9.5 
10.5
10.5 
9.7
12.0 
12.1
40.0 
35.7
4.6 
5.5
19.0 
18.9
5.8 
5.5
3.2 
2.9
2.8 
2.4
4.3 
3.1
___^^____ 92____ LI
$181.6 
$175.4 
$179.1 
$166.6
FY 2022/23
Agtuel?
$21.1
16.8
17.7 
9.9
11.5
12.7
40.3
22.8
23.3 
5.5
FY 2023/24 
/Vituals
$20.7
17.3 
16.8
9.7
10.3
11.7 
38.5 
22.1
22.8 
5.4
Note: $ In millions/rounding differences and blank lines may occur.
Actual vs. Budget 
Favorable / (Unfavorable) 
Amounf Percent 
10% 
13% 
5% 
(10%) 
8% 
(1%) 
12% 
(16%) 
1% 
4% 
8% 
16% 
37% 
29%
$2.0
2.3 
0.9
(1.0)
0.8
(0.1)
4.3 
(0.9)
0.1
0.2
0.2
0.4
1.1
_LI
$12.5
8%
June 2025 
Page 4 of 48

General Fund
'i.-'Ji
Property Tax (Fiscal Year to Date: June 2025)
J
$32.3
Actual to Revised Budget variance of ($6.1) million or 
(16%): The unfavorable variance in property tax is due to 
the impact of the Qasimyar v. Maricopa County property 
tax judgement.
Property Tax 
- -------
- T- , 
"
$0.0
$10.0
$20.0
$30.0
$40.0
I FY 2022/23 ■ Actuals 
FY 2023/24-Actuals
FY 2024/25 - Actuals 
FY 2024/25 - Approved Budget
Property Tax
FY 2022/23 
Actuals
$35.8
$35.8
FY 2023/24 
Actuals
$36.5
Property Tax Total 
Note: $ in millions/rounding differences and blank lines may occur.
$36.5
FY 2024/25 
Actuals
$32.3
$32.3
FY 2024/25 
Approved 
__Budget
$38.4
$38.4
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
($6.1)
(16%)
($6.1)
(16%)
June 2025 
Page 5 of 48

General Fund
.. i:,:.' 'll
••'J I
state Shared Revenues (Fiscal Year to Date: June 2025)
State Shared Sa les Tax - -----
State Shared Income Tax
Auto Lieu Tax-
S37.5
SI 3.2
Actual to Revised Budget variance of $1.4 million or 1%:
The favorable variance is due to higher than expected 
State Shared Sales Tax and Auto-In-Lieu collected in the 
State.
$0.0
$20.0
$40.0
$60.0
$80.0
I FY 2022/23 - Actuals 
FY 2023/24-Actuals
FY 2024/25-Actuals 
FY 2024/25 - Approved Budget
State Shared Sales Tax 
State Shared Income Tax 
Auto Lieu Tax
FY 2022/23 
Actuals
$35.9
46.1
12.0
State Shared Revenues Total
FY 2023/24 
Actuals
$36.7
64.4
12.6
FY 2024/25 
/Actuals
$37.5
52.0
13.2
FY 2024/25 
Approved 
Budget
$37.1
51.8
12.3
Actual vs. Budget 
Favorable / (Unfavorable) 
/Vnount Percent
1% 
0% 
7%
$0.4
0.1
0.9
$94.0 
$113.7 
$102.7 
$101.3
$1.4
1%
Note: $ in millions/rounding differences and blank lines may occur.
June 2025 
Page 6 of 48

General Fund
Charges for Service/Other (Fiscal Year to Date: June 2025)
Westworld Equestrian Facility Fees
Intergovernmental
Miscellaneous
Property Rental -
Contributions & Donations -
$5.6
$2.1
$6.0
Actual to Revised Budget variance of $4.4 million or 25%:
The favorable variance is due to 1) Westworld Equestrian 
Facility Fees - timing in receiving payments for facility 
rental and labor; 2) Intergovernmental - higher than 
expected fire insurance premium tax reimbursement in 
the Fire Department; and 3) Miscellaneous - higher than 
expected reimbursements for state fire deployments in 
the Fire Department and revenue recovery for facility 
damage from event vendors in WestWorld.
$0.0 
$2.0 
$4.0 
$6.0 
$8.0 
$10.0
FY 2022/23 - Actuals 
FY 2023/24 - Actuals
FY 2024/25-Actuals 
j FY 2024/25 - Approved Budget
Westworld Equestrian Facility Fees 
Intergovernmental 
Miscellaneous 
Property Rental
Contributions & Donations______________
Charges for Service/Other Total
Note: $ in millions/rounding differences and blank lines may occur.
FY 2022/23 
Actuals
$6.4
4.2
1.9
4.5
$17.0
FY 2023/24 
Actuals
$6.2
4.8 
2.4
5.8
$19.2
FY 2024/25 
Actuals 
$7.9 
5.6 
2.1 
6.0
$21.6
FY 2024/25 
Approved 
Budget
$6.2
4.4
1.1
5.6
$17.2
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
28% 
29% 
97% 
6%
$1.7
1.3
1.0
0.3
$4.4
25%
June 2025 
Page 7 of 48

General Fund
License Permits & Fees (Fiscal Year to Date: June 2025)
Business & Liquor Licenses
Fire Charges For Services
S4.7
Recreation Fees -
$0.0
$2.0
$4.0
$6.0
$8.0
Actual to Revised Budget variance of ($2.1) million or 
(14%); The unfavorable variance is due to Fire Charges For 
Services - the ambulance transportation services started 
later than expected and timing of billing versus payment 
receipt.
I FY 2022/23 - Actuals 
FY 2023/24-Actuals
FY 2024/25-Actuals 
FY 2024/25 - Approved Budget
Business & Liquor Licenses 
Fire Charges For Services 
Recreation Fees
License Permits & Fees Total
FY 2022/23 
. .Actuals.-. 
$2.8 
2.8
____ ^
$10.8
FY 2023/24 
...Actuals., 
$2.7 
2.9
____ 5J_
$11.3
FY 2024/25 
Actuals
$2.7
4.7
____ ^
$13.3
FY 2024/25 
Approved
_Budget-
$2.7
7.2
____ ^
$15.5
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
$ - 
(2.5) 
0.3
(34%)
6%
($2.1)
(14%)
Note: $ in millions/rounding differences and blank lines may occur.
June 2025 
Page 8 of 48

General Fund
Fines Fees & Forfeitures (Fiscal Year to Date: June 2025)
Court Fines 
Library -
Parking Finest 5q2 
Photo Radar
Jail Dormitory-fll jq 3
$0.0
.7
$4.0
Actual to Revised Budget variance of $0.5 miilion or 6%:
The favorable variance is due to 1) Court Fines- higher 
than anticipated revenues from base fine and jail fees; 
and 2) Jail Dormitory - higher than anticipated 
participation in the Jail Dormitory program.
FY 2022/23 - Actuals 
FY 2023/24-Actuals
FY 2024/25-Actuals 
FY 2024/25 - Approved Budget
Court Fines 
Library 
Parking Fines 
Photo Radar 
Jail Dormitory
Fines Fees & Forfeitures Total
FY 2022/23 
. ...Actuals— 
$3.3 
0.1 
0.2 
3.2
____
$7.0
FY 2023/24 
Actuals 
$3.6
0.2
3.0
___ gj_
$7.1
FY 2024/25
Actuals
$4.4
0.2
2.7
0.3
$7.7
FY 2024/25 
/Approved 
Budget
$4.1
0.3
2.6
___ g_l
$7.2
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount 
Percent
$0.3 
7%
0.1
0.1
3%
99%
$0.5
6%
Note: $ in miliions/rounding differences and blank lines may occur.
June 2025 
Page 9 of 48

General Fund
>IIA
Interest Earnings (Fiscal Year to Date: June 2025)
Interest Earnings
S16.6
Actual to Revised Budget variance of $1.0 million or 7%:
The favorable variance in interest earnings is due to the 
invested amount being higher than budgeted.
$0.0
$5.0
$10.0
$15.0
$20.0
I FY2022/23-Actuals 
FY 2023/24-Actuals
FY 2024/25-Actuals 
FY 2024/25 - Approved Budget
FY 2022/23 
/Actuals
Interest Earnings
$6.9
$6.9
Interest Earnings Total 
_
Note; $ in millions/rounding differences and blank lines may occur.
FY 2023/24 
Actuals
$14.4
$14.4
FY 2024/25 
/Actuals
$16.6
$16.6
FY 2024/25 
Approved 
__Budget
$15.6
$15.6
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
7%
$1.0
$1.0
7%
June 2025 
Page 10 of 48

General Fund
ffvwme&^
Building Permit Fees & Charges (Fiscal Year to Date: June 2025)
Building Permit Fees & Charges
$23.2
wife
Actual to Revised Budget variance of $1.5 million or 7%:
The favorable variance is due to 1) large one-time 
payments from encroachment permit fees and building 
permit fees; and 2) higher than expected special events 
fees from increased demand in the Police Department.
SO.O $5.0 $10.0 $15.0 $20.0 $25.0 $30.0
FY 2022/23 - Actuals 
FY 2023/24-Actuals
FY 2024/25-Actuals 
FY 2024/25 - Approved Budget
Building Permit Fees & Charges_________
Building Permit Fees & Charges Total
Note: $ in millions/rounding differences and blank lines may occur.
FY 2022/23 FY 2023/24 
Actuals 
Actuals
$17.6 
$21.7
$21.7
$17.6
FY 2024/25 
/Vttuals
$23.2
$23.2
FY 2024/25 
Approved 
Budget
$21,8
$21,8
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount 
Percent
$1.5 
7%
$1.5
7%
June 2025 
Page 11 of 48

General Fund
Other Revenue (Fiscal Year to Date: June 2025)
Grants-
Actual to Revised Budget variance of $0.0 million or 0%:
Miscellaneous -
SO.O
$5.0
$10.0
$15.0
$20.0
$25.0
FY 2022/23 - Actuals 
FY 2023/24-Actuals
I FY 2024/25 - Actuals 
1 FY 2024/25 - Approved Budget
Grants
Miscellaneous
Other Revenue Total
FY 2022/23 
Actuals
$ - 
21.2
$21.2
FY2023/24 
Actuals 
$ - 
___ 0J_
$ai
FY 2024/25 
Actuals
$ -
$0.0
FY 2024/25 
Approved
__Budget
$ -
$0.0
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
$ -
$ -
Note; $ in miilions/rounding differences and blank lines may occur.
June 2025 
Page 12 of 48

General Fund
Indirect/Direct Cost Allocations (Fiscal Year to Date: June 2025)
Indirect Costs
Direct Cost Allocation (Fire)
m
S0.6
Actual to Revised Budget variance of $0.1 million or 1 %;
The favorable variance is due to Direct Cost Allocation 
(Fire) - The final allocation, which is based on actual 
operating expenses, was higher than anticipated. The 
budget will be adjusted in future years to better align with 
actual costs.
$0.0 
$2.0 
$4.0 
$6.0 
$8.0 
$10.0
FY 2022/23 - Actuals 
FY 2023/24-Actuals
I FY 2024/25 - Actuals 
! FY 2024/25 - Approved Budget
Indirect Costs
Direct Cost Allocation (Fire)
Indirect/Direct Cost Allocations Total
FY 2022/23 FY 2023/24 
Actuals Actuals
$6.8 
$7.8
____^______0^
$8.3
$7.2
FY 2024/25 
... Actuals -■ 
$8.8
____ 0^
$9.3
FY 2024/25 
Approved 
Budget
$8.8
____ ^
$9.2
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
$ - 
0.1
27%
$0.1
1%
Note: $ in millions/rounding differences and blank lines may occur.
June 2025 
Page 13 of 48

General Fund
Transfers In (Fiscal Year to Date: June 2025)
Operating
CIP
Enterprise Franchise Fees
$6.6
S10.6
Actual to Revised Budget variance of $1.4 million or 9%:
Transfers In is the authorized movement of cash or other 
resources from other funds to support the General Fund. 
The favorable variance is due to 1) Operating - a one-time 
reimbursement from a franchise agreement to support 
permit services in the Planning Department; and 2) 
Enterprise Franchise Fees - due to higher than expected 
Enterprise Franchise Fees transferred from the Water and 
Water Reclamation Funds.
$0.0 
$2.0 
$4.0 
$6.0 
$8.0 $10.0 $12.0
FY 2022/23 - Actuals 
FY 2023/24-Actuals
I FY 2024/25 - Actuals 
! FY 2024/25 - Approved Budget
Operating
CIP
Enterprise Franchise Fees
Transfers In Total
FY 2022/23 
Actuals
$10.8
__^
$19.4
FY 2023/24 
Actuals
FY 2024/25 
/tetuals
$8.4
9.6
$6.6
10.6
FY 2024/25 
Approved 
Budget
$5.8
10.0
Actual vs. Budget 
Favorable / (Unfavorable) 
___Arnount Percent
14%
$0.8
0.6
6%
$18.0
$17.2
$15.8
$1.4
9%
Note: $ in millions/rounding differences and blank lines may occur.
June 2025 
Page 14 of 48

General Fund
Uses
Twelve Months: Fiscal Year
Personnel Services
Contractual Services
- - 
'■ 
T'. 
r V Y ,
Commodities B
Capital Outlays
!
Contracts Payable
Transfers Out m
$0.0
$50.0
$100.0
$150.0
$200.0
$250.0
$300.0
■ FY 2022/23 
Actuals
I FY 2023/24 
Actuals
I FY 2024/25 
Actuals
FY 2024/25 
Approved 
Budget
Personnel Services 
Contractual Services 
Commodities 
Capital Outlays 
Contracts Payable 
Transfers Out
FY 2022/23 
Actuals
$231.7
77.3
9.9
3.2
0.4
89.9
FY 2023/24 
Actuflis
$257.3
84.4
12.5 
2.9 
0.4
89.1
FY 2024/25
$272.2
91.7
12.3
1.4
0.5
64.7
FY 2024/25 
/Approved 
Budget
$280.9
91.1
11.3
1.4
0.5
62.7
Total Uses
$412.3
$446.7
442.8
$447.9
Note: $ in millions/rounding differences and blank lines may occur.
June 2025 
Page 15 of 48

General Fund
Uses (Fiscal Year to Date: June 2025)
Personnel Services
Contractual Services-
Commodities
Capital Outlays -
Contracts Payable-
Transfers Out^
S91.7
$12.3
$272.2
$1.4
$0.5
I
I
$0.0
$100.0
$200.0
$300.0
FY 2022/23 - Actuals ■ FY 2023/24 - Actuals ■ FY 2024/25 - Actuals
FY 2024/25 - Approved Budget
Personnel Services 
Contractual Services 
Commodities 
Capital Outlays 
Contracts Payable 
Transfers Out
FY 2022/23 FY 2023/24 FY 2024/25 
Actuals Actuals Actuals
$231.7
77.3
9.9
3.2
0.4
89.9
$257.3
84.4
12.5 
2.9 
0.4
89.1
$272.2
91.7 
12.3
1.4
0.5
64.7
FY 2024/25 
Approved 
Budget
$280.9
91.1
11.3
1.4
0.5
62.7
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
3% 
(1%) 
(9%)
$8.7
(0.6)
(1.0)
(2.0)
(3%)
Total Uses
$412.3 
$446.7 
$442.8 
$447.9
$5.1
1%
Note: $ in millions/rounding differences and blank lines may occur.
June 2025 
Page 16 of 48

General Fund
Personnel Services (Fiscal Year to Date: June 2025)
S15.8
Salaries 
Overtime
Health/Derrtal-iHHfe 324.3
Fringe Benefits$121 
Retirement 
Contract Workers ^
31/6 1
31.1
142.8
Actual to Revised Budget variance of $8.7 million or 3%:
The favorable variance is due to 1) Salaries - vacancy 
savings and new staff hired at a lower rate than the 
departing employees. This occurred mostly within the 
Police Department, Community Services, and Charter 
Offices; and 2) Retirement - new Public Safety staff being 
hired at a different tier than the departing employees, 
which resulted in lower retirement contributions. The 
unfavorable variance in Overtime is due to higher than 
expected staffing needs, significant events in the Police 
Department, and overtime staff needed due to vacancies 
in Community Services. The unfavorable variance in 
Contract Workers is due to the need to fill critical 
positions in the Police Department.
$0,0
$50.0
$100.0 
$150.0
$200.0
FY 2022/23 ■ Actuals 
FY 2023/24-Actuals
FY 2024/25-Actuals 
FY 2024/25 - Approved Budget
Salaries 
Overtime 
Health/Dental 
Fringe Benefits 
Retirement 
Contract Workers
FY 2022/23 
Actuals 
$135.8 
11.8 
21.0 
10.5 
51.3 
1.2
FY 2023/24 
Actuals 
$159.0
13.2 
22.6 
11.0
50.3 
1.1
FY 2024/25 
Actuals 
$176.1
15.8 
24.3 
12.1
42.8 
1.1
Personnel Services Total
$231.7 
$257.3 
$272.2
FY 2024/25 
Approved 
Budget
$181.8
15.3
24.3 
12.8 
46.1
____ 0^
$280.9
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
3% 
(3%) 
0% 
5% 
7% 
(39%)
$5.6
(0.5)
(0.1)
0.7
3.3
(0.3)
$8.7
3%
Note: $ in millions/rounding differences and blank lines may occur.
June 2025 
Page 17 of 48

General Fund
■ -.•LJ
Contractual Services (Fiscal Year to Date: June 2025)
Professional Services-
Communications-^^, S4.o 
Travel Training and Conferences -si.5 
Printing Duplication and Filming -1 so.9
Maintenance and Repair 
Insurance
Rents-& S1.9 
Transportation Services -
U'ilities- 
S11.0
Miscellaneous Services and Charges - 
S3.9
Fleet Replacement -
.$21.7
S17.1
$14.8
Jh si-i-s
SO.O $5.0 $10.0 $15.0 $20.0 $25.0
Actual to Revised Budget variance of ($0.6) million or (1 %):
The unfavorable variance is due to 1) Maintenance and 
Repair - higher than expected expenses in parks 
maintenance, mowing services and unexpected expenses 
for storm damage repair and maintenance; and 2) 
Communications - higher than expected expenses for 
cellphone and internet due to increased price in Police 
Department. The unfavorable variance is offset by 
Professional Services - delays in spending for consultants 
services for rates and fees review project and Land survey 
project, and lower than expected expenses in contractual 
custodial services for city facilities due to less need.
FY 2022/23-Actuals 
FY 2023/24-Actuals
Professional Services
Communications
Travel Training and Conferences
Printing Duplication and Filming
Maintenance and Repair
Insurance
Rents
Transportation Services 
Utilities
Miscellaneous Services and Charges 
Fleet Replacement_____________
Contractual Services Total
i FY2024/25-Actuals 
! FY 2024/25 - Approved Budget
FY 2022/23 
Actuals
$18.1
3.2 
0.9 
0.7
12.6
12.5
1.3
14.6 
9.2 
4.1
$77.3
FY 2023/24 
Actuals
$19.3
3.7
1.1
0.8
16.6
13.0
1.3
14.5
10.1
3.9
$84.4
FY 2024/25 
/Vituals
$21.7
4.0
1.5
0.9
17.1
14.8
1.9 
14.8 
11.0
3.9
$^
FY 2024/25 
Approved 
Budget
$22.4
3.5
1.7 
1.0
15.9
14.8
1.8 
14.3
10.9 
4.4
____
$91.1
Actual vs. Budget 
Favorable / (Unfavorable) 
___Amount __Percent
3% 
(14%) 
14% 
13% 
(8%)
$0.7
(0.5)
0.2
0.1
(1.2)
(0.1)
(0.4)
(0.2)
0.5
0.3
(8%)
(3%)
(2%)
11%
100%
($0.6)
(1%I
Note: $ in millions/rounding differences and blank lines may occur.
June 2025 
Page 18 of 48

General Fund
tm
Commodities (Fiscal Year to Date: June 2025)
Operating Supplies- 
Purchased for Resale- 
Library Materials- 
Maintenance and Repair Supplies - 
Other-
$0.7
$0.5
$2.8
($2.0) $0.0 
$2.0 $4.0 $6.0 $8.0 $10.0
Actual to Revised Budget variance of ($1.0) million or (9%):
The unfavorable variance is due to 1) Operating Supplies - 
higher than expected expenses for public safety 
departments, including ammunition, weapons, uniforms, 
and protective equipment; and 2) Maintenance and Repair 
Supplies - higher than expected irrigation repair costs 
from unanticipated replacement of valves, backflow 
preventors, and aerator pumps In community parks.
FY 2022/23-Actuals 
FY 2023/24 - Actuals
Operating Supplies 
Purchased for Resale 
Library Materials
Maintenance and Repair Supplies 
Other____________________
Commodities Total
FY 2024/25 ■ Actuals 
FY 2024/25 - Approved Budget
FY 2022/23 
Actuals 
$6.4 
0.6 
0.4 
2.4 
(0.1)
$9.9
FY 2023/24 
Actuals 
$8.4 
0.6 
0.5 
3.1
$12.5
FY 2024/25 
Actuals 
$8.4 
0.7 
0.5 
2.8
$12.3
FY 2024/25 
Approved 
Budget
$7.6
0.6
0.5
2.5
$11.3
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
($0.8) (10%)
(0.3) 
(12%)
($1.0)
(9%)
Note; $ in millions/rounding differences and blank lines may occur.
June 2025 
Page 19 of 48

General Fund
■■.mm
Capital Outlays (Fiscal Year to Date: June 2025)
Buildings and Improvements -
r
Machinery and Equipment
Other-
nr
$0.0 
$0.5 
$1.0 
$1.5 
$2.0 
$2.5
Actual to Revised Budget variance of $0.0 million or (2%):
The favorable variance in Buildings and Improvements is 
due to delay in implementing for American Disability Act 
(ADA) modification, and less than expected expenses for 
roof repair and other city owned facility replacement. The 
unfavorable variances in Machinery and Equipment is 
due to one-time unexpected furniture repiacement 
expenses, a motor vehicle purchased by the Police 
Department during FY 2023/24 was not received until FY 
2024/25, and an unexpected one-time purchase for 
operating equipment for a sports complex.
FY 2022/23 - Actuals 
FY 2023/24-Actuals
I FY 2024/25 - Actuals 
FY 2024/25 - Approved Budget
Buildings and Improvements 
Machinery and Equipment 
Other
FY 2022/23 
Actuals
$1.4
1.7
$3.2
FY 2023/24 
Actuals 
$0.8 
2.1
Capital Outlays Total 
_
Note: $ in millions/rounding differences and blank lines may occur.
$2.9
FY 2024/25 
Actuals 
$0.3 
1.2
$1.4
FY 2024/25 
Approved
_Budget..
$1.0
0.5
$1.4
Actual vs. Budget 
Favorable / (Unfavorable) 
/tmount Percent
71% 
>(100%)
$0.7
(0.7)
$ -
June 2025 
Page 20 of 48

General Fund
ruM
Contracts Payable (Fiscal Year to Date: June 2025)
Actual to Revised Budget variance of $0.0 million or 0%:
Contracts Payable is aligned with budget.
Contracts Payable-
3
S0.5
So.o
S0.2
$0.4
I FY 2022/23 - Actuals 
FY 2023/24-Actuals
FY 2024/25-Actuals 
FY 2024/25 - Approved Budget
Contracts Payable
FY 2022/23 
Actuals
$0.4
$0.4
FY 2023/24 
Actuals
$0.4
$0.4
Contracts Payable Total 
_
Note; $ in millions/rounding differences and blank lines may occur.
FY 2024/25 
Actuals
$0.5
$0.5
FY 2024/25 
Approved 
_Budget
$0.5
$0.5
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
$ -
$ -
June 2025 
Page 21 of 48

General Fund
Transfers Out (Fiscal Year to Date: June 2025)
Other-
Debt Service Fund
$1.4
CIP Construction Sales Tax
CIP Excess Interest Earnings
$17.0
Actual to Revised Budget variance of ($2.0) million or (3%):
Transfers Out are the authorized movement of cash to 
other funds and/or capital projects. The unfavorable 
variance Is due to sales tax and Interest earnings being 
higher than expected, which resulted In additional 
transfers to the CIP than were originally budgeted.
siy.H
$9.8
$16.6
$20.0
$40.0
$60.0
$80.0
FY 2022/23-Actuals 
FY 2023/24-Actuals
Other
Debt Service Fund 
CIP
CIP Construction Sales Tax 
CIP Excess Interest Earnings
Transfers Out Total
$89.9
FY 2024/25 - Actuals 
FY 2024/25-Approved Budget
FY 2022/23 FY 2023/24 FY 2024/25 
Actuals 
$1.4 
17.0 
19.8 
9.8 
16.6
Actuals
$0.1
12.2
62.3
8.4
6.9
Actuals
$0.1
12.3 
53.7
8.6
14.4
$89.1
$64.7
FY 2024/25 
/Approved 
Budget
$1.2
17.3
19.9
8.7
15.6
$62.7
Actual vs. Budget 
Favorable / (Unfavorable) 
/tmount Percent
($0.2)
0.3
0.1
(1.1)
(1.0)
(15%)
2%
0%
(13%)
(7%)
($2.0)
(3%)
Note; $ in millions/rounding differences and blank lines may occur.
June 2025 
Page 22 of 48

General Fund
Division Expenditures (Fiscal Year to Date: June 2025)
Mayor & Council and Charter Officers -
Administrative Services ^
Community and Economic Development
Community Services -I
Public Safety - Fire 4
$34.1
1
$27.7
$25.0
H $53.6
$74.1
Public Safety - Police
Public Works
$27.5
$135.7
$50.0
$100.0
$150.0
FY 2022/23 - Actuals
FY 2023/24 - Actuals
FY 2024/25 - Actuals
FY 2024/25 - Approved Budget
Mayor & Council and Charter Officers
Administrative Services
Community and Economic Development
Community Services
Public Safety - Fire
Public Safety - Police
Public Works
FY 2024/25
FY 2022/23 FY 2023/24 FY 2024/25 Approved 
Actuals Actuals Actuals Budget 
$27.9 
$30.6 
$34.1 
$36.4
22.1 
25.5 
27.7 
28.3
23.2 
23.9 
25.0 
26.4
47.4 
48.5 
53.6 
54.4
55.1 
65.3 
74.1 
74.2
122.1 
137.2 
135.7 
136.1
24.2 
26.2 
27.5 
28.9
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
6% 
2% 
5% 
1% 
0% 
0% 
5%
$2.2
0.6
1.4 
0.8 
0.1 
0.5
1.5
Total
$322.0 
$357.1 
$377.7 
$384.8
$7.1
2%
Actual to Revised Budget variance of $7.1 million or 2%:
Note: $ in millions/rounding differences and blank lines may occur.
June 2025 
Page 23 of 48

Transportation Fund
Sources (Fiscal Year to Date: June 2025)
Sales Tax - Transportation (0.20%) - 
Highway User Tax 
Interest Earnings-|■|||fc^52.8 
Local Transportation Assistance Fund -§ $0.6
S19.1
$34.1
Intergovernmental- 
Miscellaneous- 
Property Rental- 
Building Permit Fees & Charges - 
Sales Tax - Public Safety (0.10%) - 
Transfers In-
$0.2
$0.5
$0.0
$10.0
$20.0
$30.0
$40.0
FY 2022/23 - Actuals H FY 2023/24 - Actuals ■ FY 2024/25 - Actuals H FY 2024/25 - Revised Budget
Sales Tax-Transportation (0.20%) 
Highway User Tax 
Interest Earnings
Local Transportation Assistance Fund
Intergovernmental
Miscellaneous
Property Rental
Building Permit Fees & Charges 
Sales Tax - Public Safety (0.10%) 
Transfers In
FY 2024/25
FY 2022/23 FY 2023/24 FY 2024/25 Revised
Actuals
Actuals
Actuals
18.1
1.5
0.6
0.2
0.2
18.7
2.6
0.6
0.4
0.2
19.1
2.8
0.6
0.2
0.5
Budaet
$34.6 
$33.6 
$34.1 
$31.7
19.3
3.7
0.6
0.1
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
7% 
(1%) 
(24%)
>100% 
>100%
$2.4
(0.2)
(0.9)
0.1
0.4
Total Sources
$55.2 
$56.1 
$57.4 
$55.5
$1.8
3%
Actual to Revised Budget variance of $1.8 million or 3%: The favorable variance is primarily due to Sales Tax - 
Transportation (0.20%) - higher than anticipated sales tax collections. See page 4 for explanations by category. The 
favorable variance is slightly offset by Interest Earnings - interest rates were lower than expected.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 24 of 48

Transportation Fund
Uses (Fiscal Year to Date: June 2025)
Personnel Services
Contractual Services-
Commodities
Capital Outlays
Transfers Out/Allocation
15.8
$1.3
$2.2
$34.7
$20.0
$30.0
$40.0
$10.0
FY 2022/23 - Actuals ■ FY 2023/24 - Actuals ■ FY 2024/25 - Actuals Hi FY 2024/25 - Revised Budget
FY 2024/25
FY 2022/23 FY 2023/24 FY 2024/25 Revised
Personnel Services 
Contractual Services 
Commodities 
Capital Outlays 
Transfers Out/Allocation
Actuals
$8.8
12.7
1.4
1.8
20.2
Actuals
$9.0
16.8
1.3
2.5
35.2
Actuals
$9.7
15.8
1.3
2.2
34.7
Budget
$10.6
17.9
1.6
1.9
34.1
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount PercGnt
$0.9 
8%
2.1 12% 
0.3 
20%
(0.3) 
(15%)
(0.7) 
(2%)
Total Uses
$45.0 
$64.8 
$63.7 
$66.1
$2.4
4%
Actual to Revised Budget variance of $2.4 million or 4%: The favorable variance is due to 1) Personnel Services - 
vacancy savings; and 2) Contractual Services - delay in reactivating weekend trolley service. The favorable 
variance is partially offset by 1) Capital Outlays - delay in receiving equipment purchased during FY 2024/25; and 
2) Transfers Out/Allocation - higher than anticipated transfers out resulting from higher sales revenue.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 25 of 48

Tourism Development Fund
Sources (Fiscal Year to Date: June 2025)
m
Transient Occupancy Tax
$34,7
Property Rental-
$3.9
Interest Earnings-U
Miscellaneous-
Transfers In
$1.0
S10.0
$20.0
$30.0
$40.0
FY 2022/23 - Actuals ■ FY 2023/24 - Actuals ■ FY 2024/25 - Actuals 0 FY 2024/25 - Revised Budget
Transient Occupancy Tax 
Property Rental 
Interest Earnings 
Miscellaneous 
Transfers In
FY 2022/23 FY 2023/24 FY 2024/25 
Actuals Actuals Actuals
$36.5
3.5
0.3
0.5
$34.6
3.9
0.5
1.7
$34.7
3.9
0.4
1.0
FY 2024/25 
Revised 
Budget
$31.6
3.2
0.7
1.0
Actual vs. Budget 
Favorable / (Unfavorable) 
Amniint Percent
$3.2 
10%
0.7 
21%
(0.3) 
(40%)
$40.9 
$40.7
$40,1
$36.5
$3.6
Total Sources
Actual to Revised Budget variance of $3.6 million or 10%: Favorable variance is mainly driven by Transient 
Occupancy Tax where bed tax collections were higher than anticipated for the fiscal year.
10%
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 26 of 48

Tourism Development Fund
Uses (Fiscal Year to Date: June 2025)
Destination Marketing - 45%
Destination Marketing - 5%
Canal Convergence Events -■ gg 8
Event Retention and Development
Other Commitments
Administration and Research
Transfers Out
$15.6
1.3
$2.9
$1.2
$0.9
$5.0
$10.0
$15.0
$20.0
$25.0
FY 2022/23 - Actuals ■ FY 2023/24 - Actuals ■! FY 2024/25 - Actuals ■§ FY 2024/25 - Revised Budget
FY 2024/25
FY 2022/23 FY 2023/24 FY 2024/25 Revised
Actuals
Actuals
Actuals
Budaet
Destination Marketing - 45% 
Destination Marketing - 5%
Canal Convergence Events 
Event Retention and Development 
Other Commitments 
Administration and Research 
Transfers Out
$16.1 
$15.6 
$15.6 
$14.2 
($1.4)
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent 
(10%)
0.1
0.8
2.6
1.7
1.0
13.5
1.9
0.8
2.5
1.0
0.9
21.7
1.3
0.8
2.9
1.2
0.9
19.9
1.4
0.8
2.8
1.4
1.3
18.5
0.2 
16%
0.4 
31%
(1.4)(7%1
$35.7 
$44.4 
$42.5 
$40.4 
($2.1)
(5%)
Total Uses
Actual to Revised Budget variance of ($2.1) miiiion or (5%); The unfavorable variance is largely due to Transfers Out 
and Destination Marketing 45%, with both items having contractually required transfers that are a percentage of bed 
tax collections.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 27 of 48

Aviation Fund
Sources (Fiscal Year to Date: June 2025)
Airport Fees-
Interest Earnings-jHy 0Q5
Jet Fuel
$0.3
Property Rental-H oq2
Federa Grants-
Miscellaneous-
Transfers In-
■I
$0.6
$0.0
$2.0
$4.0
$6.0
$8.0
$10.0
$12.0
FY 2022/23 - Actuals ■ FY 2023/24 - Actuals ■ FY 2024/25 - Actuals H FY 2024/25 - Revised Budget
FY 2022/23 FY 2023/24 FY 2024/25
Airport Fees 
Interest Earnings 
Jet Fuel 
Property Rental 
Federal Grants 
Miscellaneous 
Transfers In
Actuals
$9.2
0.1
0.3
0.2
0.7
Actuals
$9.4
0.3
0.2
0.2
0.3
0.6
Actuals
$9.9
0.5
0.3
0.2
0.6
FY 2024/25 
Revised 
Budget
$9.0
0.4
0.2
0.2
0.6
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent 
10% 
17%
$0.9
0.1
$10.4 
$11.1
$11.4
$10.4
$1.0
10%
Total Sources
Actual to Revised Budget variance of $1.0 million or 10%: The favorable variance in Airport Fees is due to fixed tenant 
rent collections that have generated more revenue than initially anticipated.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 28 of 48

Aviation Fund
Uses (Fiscal Year to Date: June 2025)
Personnel Services -
Contractual Services
Commodities
Capital Outlays-1
Contracts Payable
Transfers Out/Allocation
1.6
$0.1
$1.7
$4.2
$2.0
$4.0
FY 2022/23 - Actuals ■ FY 2023/24 - Actuals ■ FY 2024/25 - Actuals ■ FY 2024/25 - Revised Budget
FY 2022/23 FY 2023/24 FY 2024/25
Personnel Services 
Contractual Services 
Commodities 
Capital Outlays 
Contracts Payable 
Transfers Out/Allocation
Actuals
$1.6
1.3
0.1
0.1
1.7
1.8
Actuals Actuals 
$1.6 
1.4 
0.1 
0.1 
1.7 
4.2
$1.8
1.3
1.7
2.5
FY 2024/25 
Revised 
Budnet
$1.7
1.5
0.1
0.1
1.7
4.1
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
5%
$0.1
(0.1)
(3%)
Total Uses
$6.6
$7.4
$9.2
$9.1
$ ■
Actual to Revised Budget variance of $0.0 million or 0%: The favorable variance in Personnel Services is mostly 
due to savings from the vacancy of Airport Operations staff at different points this fiscal year.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 29 of 48

Solid Waste Fund
Sources (Fiscal Year to Date: June 2025)
Solid Waste Service Charges - Residential
Solid Waste Service Charges - Commercial
S4.7
Interest Earnings-
Miscellaneous-
$0.4
$32.0
Transfers In-
$0.0
$23.4
$10.0
$20.0
$30.0
$40.0
FY 2022/23 - Actuals H FY 2023/24 - Actuals ■ FY 2024/25 - Actuals HI FY 2024/25 - Revised Budget
Solid Waste Service Charges - Residential 
Solid Waste Service Charges - Commercial 
Interest Earnings 
Miscellaneous 
Transfers In
FY 2022/23 FY 2023/24 FY 2024/25 
Actuals Actuals Actuals
$27.1 
$29.5 
$32.0
4.0 
4.2 
4.7
0.1 
0.3 
0.4
1.9
2.8
23.4
FY 2024/25 
Revised 
Budget
$31.8
4.6
0.3
23.4
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent 
0% 
1%
$0.1
0.1
Total Sources
$33.1
$36.8 
$60.4
$60.2
$0.2
0%
Actual to Revised Budget variance of $0.2 million or 0%: Overall, revenues within the Solid Waste Fund came in as budgeted during 
FY 2024/25.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 30 of 48

Solid Waste Fund
Uses (Fiscal Year to Date: June 2025)
Personnel Services
Contractual Services
Commodities
Capital Outlays-
Transfers Out/Allocation
Sn.7
-ii
U-
W-
SI 6.3
$0.7
$7.6
$5.0
$10.0
$15.0
$20.0
FY 2022/23 - Actuals ■ FY 2023/24 - Actuals ■ FY 2024/25 - Actuals WM FY 2024/25 - Revised Budget
FY 2024/25
FY 2022/23 FY 2023/24 FY 2024/25 Revised 
Actuals Actuals Actuals 
Budget
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
Personnel Services 
Contractual Services 
Commodities 
Capital Outlays 
Transfers Out/Allocation
$10.4
16.1
0.8
0.5
3.3
$10.7
16.5
0.6
4.6
$11.7
16.3
0.7
7.6
$11.7
18.9
1.0
7.6
$ - 
2.6 
0.3
14%
27%
Total Uses
$31.0 
$32.4 
$36.4 
$39.2
$2.8
7%
Actual to Revised Budget variance of $2.8 miilion or 7%: The favorabie variance is primarily due to: 1) Contractual Services - 
lower than expected disposal and recycling contract costs; 2) Commodities - transition to a third-party contractor for 
container repairs, which lowered commodity expenses related to container repair and replacement.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 31 of 48

^afer & Viater Reclamation Funds
Sources (Fiscal Year to Date: June 2025)
Water Service Charges 
Water Reclamation Service Charges 
Non-potable Water Service Charges 
Miscellaneous 
Interest Earnings- 
Indirect Costs-: $0 9
$55.8
$20.3
$5.6
$3.4
$141.0
Stormwater Fee- 
Property Rental- 
Grants- 
Transfers In-
$0.3
$0.4
14.1
$0.0
$50.0
$100.0
$150.0
FY 2022/23 - Actuals
FY 2023/24 - Actuals
FY 2024/25 - Actuals
FY 2024/25 - Revised Budget
Water Service Charges
Water Reclamation Service Charges
Non-potable Water Service Charges
Miscellaneous
Interest Earnings
Indirect Costs
Stormwater Fee
Property Rental
Grants
Transfers In
FY 2022/23 FY 2023/24 FY 2024/25 
Actuals Actuals Actuals
$113.0
48.1
15.1
5.1
2.1 
0.8 
0.3
12.2
$128.5
48.8
18.2
8.5
3.8
0.8
0.3
0.1
17.5
$141.0
55.8
20.3
5.6
3.4
0.9
0.3
0.4
14.1
FY 2024/25 
Revised 
Budget
$135.3
55.6
16.8
5.4
4.4 
0.8 
0.3
14.2
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
4% 
0% 
21% 
4% 
(22%) 
12%
$5.7
0.1
3.5
0.2
(1.0)
0.1
0.4
(0.1)
(1%)
$196.7 
$226.6 
$241.8 
$232.8
$9.0
4%
Total Sources
Actual to Revised Budget variance of $9.0 million or 4%: The favorable variance is largely due to Water Service Charges 
caused by less rain during the monsoon season compared to the prior three-year average which leads to more water 
usage. This is partially offset by lower than expected interest earnings.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 32 of 48

IVafer & Water Reclamation Funds
Uses (Fiscal Year to Date; June 2025)
Personnel Services
Contractual Services - 
Bond Service Expense - [ jg 6 
Commodities -
6.4
$37.8
Capital Outlays- 
Contracts Payable- 
Transfers Out/Allocation-
$42.5
$0.6
.0
■■■ ......................................
$0.0
$20.0
$40.0
$60.0
$80.0
$100.0
$120.0
FY 2022/23 - Actuals Hi FY 2023/24 - Actuals ■ FY 2024/25 - Actuals Hi FY 2024/25 - Revised Budget
Personnel Services 
Contractual Services 
Bond Service Expense 
Commodities 
Capital Outlays 
Contracts Payable 
Transfers Out/Allocatlon
FY 2022/23 
Actuals
$23.7
33.3
35.8
0.6
33.0
71.0
FY 2023/24 
ArtiiaLs
$24.8
34.7
39.6
0.8
28.5
94.6
FY 2024/25 
Actuals
$26.4
37.8 
0.6
42.5
0.6
23.0
90.9
FY 2024/25 
Revised 
Biidoel
$30.4
36.7
42.6
0.5
29.4
86.1
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
13% 
(3%)
$4.1
(1.1)
(0.6)
0.2
(0.1)
6.4
(4.8)
0%
(32%)
22%
(6%)
Total Uses
$197.4 
$223.0 
$221.8 
$225.7
$4.0
2%
Actual to Revised Budget variance of $4.0 million or 2%: The favorable variance is largely due to 1) vacancy savings and 
salary savings from new staff being hired at a lower rate than the employees who retired or left; and 2) Contracts Payable - 
the issuance of the revenue bond debt occurred later than anticipated, so the related principal and interest payments fell into 
the following fiscal year. The unfavorable variance in Transfers Out/Allocation is due to the higher than expected Enterprise 
Franchise fees transferred to the General Fund, and an adjustment correcting a prior accounting entry for MPC bond debt 
service.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 33 of 48

Fleet Management Fund
Sources (Fiscal Year to Date: June 2025)
Rental Rates
Maintenance & Operations -
Fuel
Reimbursements from Outside Sources
Miscellaneous
Transfers In-
$15.1
$11.0
$0.5
$0.7
$5.0
$15.0
$10.0
FY 2022/23 - Actuals ■ FY 2023/24 - Actuals ■§ FY 2024/25 - Actuals fm FY 2024/25 - Revised Budget
FY 2022/23 FY 2023/24 FY 2024/25
Rental Rates
Maintenance & Operations 
Fuel
Reimbursements from Outside Sources
Miscellaneous
Transfers In
FY 2024/25 
Revised
_____  
________ ________ Budget
$14.5 
$14.3 
$15.1 
$15.2
Actuals
Actuals
Actuals
10.3
4.6
0.5
0.6
1.9
11.1
5.4
0.8
0.6
11.0
3.8
0.5
0,7
8.9
6.0
0.6
0.5
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
25% 
(36%) 
(13%) 
37%
$ - 
2.2 
(2.2) 
(0.1) 
0.2
Total Sources
$32.4$32.2 
$31.2 
$31.1
$0.1
0%
Actual to Revised Budget variance of $0.1 million or 0%: The favorable variance is primarily due to: 1) Maintenance & 
Operations - more repairs of older vehicles caused by delays in receipt of newly acquired vehicles; and 2) 
Miscellaneous - increased auction sales from vehicle decommissions. The positive variance is partially offset by 
lower fuel revenues due to lower than anticipated fuel prices.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 34 of 48

Fleet Management Fund
Uses (Fiscal Year to Date: June 2025)
Fleet Management Administration
Fleet Management Operations-
$0,9
rrr:
wmmmm
$11.4
Fleet Management Parts Supply-■■ ^Qg
Fuel
Motorpool -|
Vehicle Acquisitions
Transfers Out-ijjj g
$0.1
$7.2
lv.- '• 3.a
$10.0
$15.0
$0.0
FY 2022/23 - Actuals ■ FY 2023/24 - Actuals ■ FY 2024/25 - Actuals 0 FY 2024/25 - Revised Budget
FY 2022/23 FY 2023/24 FY 2024/25
Fleet Management Administration 
Fleet Management Operations 
Fleet Management Parts Supply 
Fuel
Motorpool
Vehicle Acquisitions 
Transfers Out
Actuals
$0.8
9.5 
0.7
4.5 
0.1 
6.1
9.6
Actuals
$0.8
10.5
0.6
4.4
0.1
5.9
8.6
Actuals
$0.9
11.4
0.6
3,3
0.1
7.2
0.6
FY 2024/25 
Revised 
Budget
$0.9
10.7 
0.7 
5.0 
0.1
14.8 
0.6
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Parccnt
(6%) 
12% 
34%
52%
$ - 
(0.7) 
0.1 
1.7
7.6
$31.1 
$30.9 
$24.1 
$32.8
$8.7
Total Uses
Actual to Revised Budget variance of $8.7 million or 27%; The favorable variance is primarily due to; 1) Fuel - lower 
than anticipated fuel prices; 2) Vehicle Acquisitions - long lead times on receipt of equipment, delaying their arrival 
to the next fiscal year. The favorable variance was partially offset by Fleet Management Operations - the cost of 
repairs exceeding what was budgeted, due to delays in receipt of new vehicles.
$ In millions/rounding differences and blank lines may occur.
27%
June 2025 
Page 35 of 48

Risk Management Fund
Sources (Fiscal Year to Date: June 2025)
Self Insurance (Property and Workers Comp) ■
Property Tax 
3
iii
Reimbursements from Outside Sources
Miscellaneous
$0.7
’“I $0.3 
Unemployment Claims -
Transfers In-
$19.1
$0.0
$5.0
$10.0
$15.0
$20.0
FY 2022/23 - Actuals H FY 2023/24 - Actuals ■ FY 2024/25 - Actuals ■ FY 2024/25 - Revised Budget
FY 2024/25
FY 2022/23 FY 2023/24 FY 2024/25 Revised
Self Insurance (Property and Workers Comp) 
Property Tax
Reimbursements from Outside Sources 
Miscellaneous 
Unemployment Claims 
Transfers In
Actuals
$15.4
0.5
0.6
0.7
0.1
Actuals
$16.5
2.2
0.6
0.2
Actuals
$19.1
1.3
0.7
0.3
Budget
$18.8
1.2
0.5
0.3
0.1
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent 
2% 
5% 
42%
$0.3
0.1
0.2
Total Sources
$17.3 
$19.6 
$21.5 
$20.9
$0,6
3%
Actual to Revised Budget variance of $0.6 million or 3%: The favorable variance is due to 1) additional premiums 
derived from Self Insurance; 2) Reimbursements from Outside Sources on prior claims paid; and 3) Property Tax 
reimbursements from previously paid liability claims.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 36 of 48

Risk Management Fund
Uses (Fiscal Year to Date: June 2025)
Insurance & Bond Premiums 
Liability 
Physical Damage
Risk Management Self Insurance - 
Safety
Safety and Risk Management
Safety Grants Program-W $o.2 
Unemployment- 
Workers Compensation
Transfers Outso.t
S5.8
S0.2
$0.0
$2.0
$4.0
$6.0
FY 2022/23 - Actuals M FY 2023/24 - Actuals ■ FY 2024/25 - Actuals ■ FY 2024/25 - Revised Budget
Insurance & Bond Premiums 
Liability
Physical Damage
Risk Management Self Insurance
Safety
Safety and Risk Management 
Safety Grants Program 
Unemployment 
Workers Compensation 
Transfers Out
Total Uses
$4.3 
$4.9
2.1 
2.3
1.2 
1.5
FY 2022/23 FY 2023/24 FY 2024/25 
ActiiaLs Actuals Actuals
$5.8 
1.6 
1.1
0.2 
1.9 
0.2
4.7 
0.1
1.8
0.3
4.9
2.0
0.2
5.3
FY 2024/25 
Revised 
Budget
$5.4
4.2
1.5
2.5
0.1
0.1
5.7
$14.6 
$16.3 
$15.6 
$19.5
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
($0.4) 
(8%)
2.7 
63%
0.4 
29%
(0.2)
0.5
1.0
(0.1)
21%
17%
>(100%)
$3.9
20%
Actual to Revised Budget variance of $3.9 million or 20%: The favorable variance is largely due to 1) Liability - 
payment delayed to next fiscal year due to prolonged litigation associated with general liability claims; 2) Workers 
Compensation - lower medical cost due to increased nurse case management utilization and cost reductions per 
contracted medical bill review provider; 3) Safety and Risk Management - lower than expected costs for software and 
licensing, professional services, and safety and incentive awards; and 4) Physical Damage - pending payments of large 
property damage claims.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 37 of 48

Healthcare Self Insurance Fund
Sources (Fiscal Year to Date: June 2025)
Employer Contribution - Medical
Employee Contributions - Medical
Employer Contribution - Dental -■ gg 9
Employee Contributions - Dental -H jg g
$8.6
S29.7
Miscellaneous-
Disabled Retiree Contributions -
Transfers In-
S0.3
S0.2
S0.1
$0.0
$10.0
$20.0
$30.0
FY 2022/23 - Actuals ■ FY 2023/24 - Actuals ■ FY 2024/25 - Actuals H FY 2024/25 - Revised Budget
Employer Contribution - Medical 
Employee Contributions - Medical 
Employer Contribution - Dental 
Employee Contributions - Dental 
Miscellaneous
Disabled Retiree Contributions 
Transfers In
FY 2022/23 FY 2023/24 FY 2024/25
Actuals
$26.1
7.8
0.8
0.7
0.3
0.3
0.1
Actuals
$27.7
8.1
0.9
0.8
0.3
0.2
0.1
Actuals
$29.7
8.6
0.9
0.8
0.3
0.2
0.1
FY 2024/25 
Revised 
Budget
$28.5
8.2
1.0
0.8
0.3
0.2
0.2
Actual vs. Budget 
Favorable / (Unfavorable) 
Amount Percent
4% 
5%
(9%)
$1.2
0.4
(0.1)
(0.1)
(47%)
$36.1 $38.1 
$40.6 
$39.1
$1.5
4%
Total Sources
Actual to Revised Budget variance of $1.5 miilion or 4%; The favorable variance in Employer Contribution - Medical is 
due to plan selection differences, which occur after the budget has been prepared. The unfavorable variance in 
Transfers In is due to medical claims expenses for public safety disabled retirees being lower than anticipated.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 38 of 48

Healthcare Self Insurance Fund
Uses (Fiscal Year to Date: June 2025)
Medical Claims-
Dental Claims-
Insurance & Bond Premiums -
Administrative Fees
Live Life Well Program-
City Administration-
Behavioral Health Insurance Claims-
$1.6
$1.6
$0.6
$0.3
$0.3
$0.2
$0.0
$36.7
$10.0
$20.0
$30.0
$40,0
FY 2022/23 - Actuals Hi FY 2023/24 - Actuals ■ FY 2024/25 - Actuals H FY 2024/25 - Revised Budget
FY 2022/23 FY 2023/24 FY 2024/25
Medical Claims 
Dental Claims
Insurance & Bond Premiums
Administrative Fees
Live Life Well Program
City Administration
Behavioral Flealth Insurance Claims
Actuals
$32.2
1.5
1.2
0.6
0.2
0.2
0,2
Actuals
$31.0
1.5
1.5
0.6
0.3
0.2
0.2
Actuals
$36.7
1.6
1.6
0.6
0.3
0.3
0.2
FY 2024/25 
Revised 
Budget
$36.5
1.7
1.7
0.6
0.3
0.2
0.2
Actual vs. Budget 
Favorable / (Unfavorable)
Amount
($0.1)
0.1
Percent
0% 
7%
Total Uses
$36.1
$35.3
$41.2 
$41.2
$ -
Actual to Revised Budget variance of $0.0 million or 0%; Overall, expenditures from the Flealthcare Insurance Fund are aligned 
with the FY 2024/25 budget.
$ in millions/rounding differences and blank lines may occur.
June 2025 
Page 39 of 48

City of Scottsdale 
WestWorld
Statement of Operations for June 2025 - General Fund
FY 2022/23 
Actual
FY 2023/24 
Actual
FY 2024/25 
Actual
FY 2024/25 
Approved 
Budget
Actual vs. Budget 
Favorable / (Unfavorable)
Amount Percent
Operating Revenue^^
Rental Facilities'^
RV Rental
Feed/Bedding Sales 
Labor Fees 
Concession Fees 
Other Income'^
Equidome Project Use Fee 
Operating Transfer In'^
tl \2 \5
$3,781,955 
$3,834,129 
$5,198,940 
$3,720,000
672,101
931,865
560,580
1,349
199,334
360,000
100,000
513,000
965,820
449,295
3,524
129,064
360,000
250,000
672,343
994,043
587,920
2,205
511,132
360,000
250,000
620,000
909,952
500,000
1,668
150,400
360,000
250,000
Opsrgting Exp6ns6s
Personnel Services
Wages/Salaries/Benefits
Overtime
Contractual Services 
Contractual Workers 
Utilities'®
Maintenance & Equipment Rental & Fleet 
Property, Liability & Workers' Comp 
Advertising/Marketing Contract 
Landfill Contract & Waste Disposal 
Other
Commodities and Capital Outlays 
Agriculture & Florticulture & Other Supply 
Maintenance & Repairs Supply, Equipment 
Inventory Purchased for Resale 
Construction-Other 
Other Expenses 
BOR Admin
BOR Admin/WestWorld
Allocated Expenses 
COS Indirect Costs
$2,293,123
126,018
349,006
1,542,006
993,661
221,880
235,496
271,207
355,425
222,671
232,923
622,282
1,819
16,213
207,893
422,524
$2,630,783
114,282
420,805
1,619,654
824,986
192,906
90,960
187,067
259,297
284,572
229,186
625,440
2,851
98,116
218,287
473,628
$2,826,943
146,131
420,944
1,890,462
1,008,397
231,311
108,302
190,889
279,433
127,672
141,910
672,751
36,700
24,697
229,202
549,264
$3,073,531
121,102
461,331
1,554,588
1,009,893
230,311
188,524
334,135
337,918
151,127
145,429
629,521
46,875
229,202
549,264
Operating Expenses $8,114,147 
$8,272,820 
$8,885,008 
$9,062,751
Operating Income Before Debt Service 
and One-Time Expenses
PGbt Service (Less contributions)
Debt Service - (52 & 17 acres)'’
Debt Service - TNEC ($41.935M)'*
Debt Service - TNEC Tourism Funded'® 
Bed Tax Contributions - TNEC
$2,222,654
779,479
$2,255,480
1,283,136
1,200,000
(1,200,000)
$5,978,230
1,289,529
1,200,000
(1,200,000)
$5,978,230
1,289,529
1,200,000
(1,200,000)
Net Debt Service $3,002,133 
$3,538,616 
$7,267,759 
$7,267,759
One-Time Expenses
Monterra Contract Termination
General Fund Operating Contingency - Monlerra
One-time repairs (bams, bleachers, equipment,
message board, roof fabric)
One-Time Expenses
$-
383,227
$383,227
$-
309,787
$309,787
$2,000,000
($2,000,000)
$-
$2,000,000
($2,000,000)
$-
Operating Income After Debt Service 
and OneTime Expenses
$1,478,940
52,343
84,091
87,920
537
360,732
Operating Revenue $6,607,184 
$6,504,832 
$8,576,583 
$6,512,020 
$2,064,563
$246,588
(25,029)
40,387
(335,874)
1,496
(1,000)
80,222
143,246
58,485
23,455
3,519
(43,230)
22,178
$214,443
($1,506,963) 
($1,767,988) 
($308,425) 
($2,550,731) 
$1,850,120
$-
$-
($4,892,323) 
($5,616,391) 
($7,576,184) 
($9,818,490) 
$2,242,306
40%
8%
9%
18%
32%
>100%
32%
8%
(21%)
9%
(22%)
0%
(0%)
43%
43%
17%
16%
2%
(7%)
47%
2%
73%
-%
$- 
-%
$- 
-%
-%
23%
" The Statement of Operations includes recorded revenues and expenditures and does not include the overall economic benefit to Scottsdale that is created by WestWorld's 
operations. Arizona State University Seidman Research Institute conducted an economic impact study 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, $163,6 million contribution to the 
state's GDP, $85.6 million in labor income, and 1,813 jobs supported statewide.
WestWorld recognized revenues and expenses from three Barrett-Jackson events in FY 2024/25, due to the settlement of the January 2024 event not occurring until FY 2024/25.
FY 2022/23 - FY 2023/24 includes WestWorld TNEC Expansion revenue recovery, which was excluded in previous reports.
'* In FY 2022/23, the transfer in to the General Fund was a contribution from the Tourism Development Fund for marketing efforts and beginning FY 2023/24 the contribution was 
spent within the Tourism Development Fund instead. Beginning FY 2023/24, $250K transfer from the Tourism Development Fund to support WestWorld operations.
All years include WestWorld Polo Field Maintenance expenses, which were excluded in previous reports.
'* Increased utility costs are mainiy due to higher electricity consumption required to support events. 
June 2025
'’Debt related to the 2014 MPC Refunding Bonds was paid off in FY 2024/25, 
Page 40 Of 48
'* 2021B refunding bonds were issued February 2021.

City of Scottsdale 
WestWorld
Statement of Operations for June 2025 - Other Funds
Revenue
Parking
Bed Tax Contribution - Marketing"
Expenses 
Personnel Services 
Contractual Services 
Advertising/Marketing Contract 
Other
WestWorld Master Plan Projects'^
Commodities and Capital Outlays
Repairs (PD2501- WestWorld Trail Parking Access
Improvement)
Transfer Out to CIP (WestWorld Master Plan)
Operating Income After Expenses
FY 2022/23 
Actual
FY 2023/24 
Actual
FY 2024/25 
Actual
FY 2024/25 
Approved 
Budget
Actual vs. Budget 
Favorable / (Unfavorable^ 
Amount Percent
Revenue
Expenses
$1,133,051
$1,133,051
$289
308
48,905
240,003
500,000
$789,504
$343,547
$1,430,933
180,119
$1,409,944
161,015
$1,233,438
150,000
$176,506
11,015
$1,611,052 
$1,570,959 
$1,383,438 
$187,521
$ - 
180,119
S -
161,015
26,799
51,096
$ -
150,000
48,044
1,150,000
$ -
(11.015)
21,246
1,098,905
14%
7%
14*
-%
(7%)
44%
96%
$180,119
$238,909 
$1,348,044 
$1,109,135
$1,430,933 
$1,332,050
$35,394 
$1,296,656
82%
>100%
^ Beginning in FY 2023/24, the contribution for marketing efforts is spent within the 1 ourism Development Fund instead of being transferred to the General Fund. In prior years, the 
contribution was recorded in General Fund Operating Transfers In.
WestWorld Master Plan budget was moved to the CIP for FY 2025/26.
June 2025 
Page 41 of 48

I.,
♦
*'
- w
Privilege (Sales) & Use Tax Collections For June 2025
(For Business Activity in May 2025)
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, 0.15 percent additional dedicated Preserve Privilege and Use Taxes, 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 is unrestricted and available for general government purposes.
The fiscal year to date Privilege and Use Tax (1.0 percent General Purpose) collections increased 11 percent 
compared to the Budget, and increased 6 percent compared to the same period a year ago.
Privilege (Sales) & Use Tax by Category and Fund
Fiscal Year: Twelve Months
1.00% General Purpose
Amusement 
Automotive 
Construction 
Dining/ Entertainment 
Food Stores 
Hotel/Motel 
Major Dept. Stores 
Manufacturing 
Misc. Retail Stores 
Other Activity 
Rentals
Service w ith Retail
Utilities
Wholesale
2022/23
Actual
n/a
21.1
16.8
17.7
g.g
11.5
12.7 
n/a
40.3
22.8
23.3 
n/a 
5.5 
n/a
2023/24
Actual
n/a
20.7
17.3 
g.7 
8.7
10.3
11.7 
n/a
38.5
22.1
22.8 
n/a 
5.4 
n/a
2024/25
Adopted
Budget
$0.0
18.7 
17.3 
16.0 
10.5
8.7
12.1
0.0
35.7 
21.1
18.8 
0.0 
5.5 
0.0
2024/25
Revised
Budget
2024/25
Approved
Adjustments
$2.8
18.7 
17.3 
16:0 
10.5
8.7
12.1
2.4
35.7
5.5
18.8
3.1 
5.5
7.2
$2.8
0.0
0.0
0.0
0.0
0.0
0.0
2.4.
0.0
(15.6)
0.0
3.1 
0.0
7.2
Subtotal
$181.6
$175.4
$166.6
$166.6
$0.0
0.10% Public Safety 
$17.8 
17.3 
$16.4, 
$16.4 
$0.0
0.20% Transportation 1880 
34.6 
33.6 
31.7 
31.7 
0.0
0.10% Transportation 2018 
17.8 
17.3 
16.3 
16.3 
0.0
0.20% McDowell Preserve 1885 
35.7 
34.5 
32.8 
32.8 
0;0
0.15% McDowell Preserve 2004 
26.8_______25.8 
24.6________ 2^6_______ 0£
Total 
$314.3 
$304.0 
$288.4 
$288.4______ $0:0
% Change vs.,Prior Year_________ 10%_______ -3%_______ -5%________ .-5%__________
Rounding differences may occur
June 2025 
Page 42 of 48

Privilege (Sales) & Use Tax by Category and Fund
S200.0
S190.0
S1800
Fiscal Year-to-Date: June 2025
1.00% General Purpose
Amusement 
Automotive 
Construction 
Dining/ Entertainment 
Food Stores 
Hotel/Motel 
Major Dept. Stores 
Manufacturing 
Misc. Retail Stores 
Other Activity 
Rentals
Service w ith Retail
Utilities
Wholesale
2022/23
Actual
n/a
21.1
16.8
17.7 
9.9
11.5
12.7 
n/a
40.3
22.8
23.3 
n/a
5.5
n/a
2023/24
Actual
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
2024/25
Actual
$3.0
22.5
19.6
17.3
10.3 
10.8
12.4 
2.6
41.7
6.5 
20.2
8.5 
5.9 
4.0
Actual vs. Budget
2024/25 Favorable/(Llnfavorablej 
Budget Amount Percent
$2.9
19.7 
17.3 
16.0 
10.5
9.7
12.1
2.4
35.7
5.5 
18.9
7.2
5.5
3.1
$0.1
2.8
2.2
1.3
(0.3)
1.1
0.4
0.2
6.1
1.0
1.3
1.3
0.4
0.9
3%
14%
13%
8%
-2%
11%
3%
9%
17%
19%
7%
18%
7%
29%
Subtotal
$181.6
$175.4
$185.3
$166.6
$18.7
11%
0.10% Public Safety 
$17.9 
$17.3 
$18.2 
$16.4 
$1.8 
11%
0.20% Transportation 1990 
34.6 
33.6 
35.2 
31.7 
3.5 
11%
0.10% Transportation 2019 
17.8 
17.3 
18.2 
16.3 
1.9 
12%
0.20% McDowell Preserve 1995 
35.7 
34.5 
36.5 
32.8 
3.7 
11%
0.15% McDowell Preserve 2004 
26.8_______ 25^9_______ 2T3_______ 24^6________ 2.8 
11%
Total 
$314.3 
$304.0 
$320.8 
$288.4 
$32.4______1J%
% Change vs. Prior Year 
10% 
-3% 
6% 
-5%
Top 20 Taxpayers 
$58.2 
$60.3 
$65.0
% of Total 
19% 
20% 
20%
% Change vs. Prior Year 
2% 
4% 
8%_______________________________
Rounding differences may occur.
Privilege (Sales) & Use Tax
12 Month Rolling 
1.00% General Fund in Millions
SHO O
<f ,o'”
S160.0
S150.0
5140,0
S130.0
S120.0
FY23/24
FY24/25
sno.o
$100.0
Jul-22 S^-22 Nov22 Jan-23 Mar-23 Mav23 iul-23 Sep-23 Nov-23 Jan-24 Mar-24 Mav-24 Jul-24 Sep-24 Nov-24 Jan-25 M8f-25 Mav25
June 2025 
Page 43 of 48

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 miUion or 3%: This is due in part to some amusement activities 
performing better than expected.
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 variance of $2.8 million or 14%: This is due in part a large one-time audit 
payment, a new car dealership, a new fall car auction, and an increase in sales due to anticipated higher prices 
in the future.
Construction Sales Taxes
The construction tax,is collected bn all construction activity; commercial and residential; new and re-model, It 
also includes landscaping, painting, flooring installation, siding, roofing, concrete, plumbing, heating, electrical, 
framing, d.rywall, infrastructure, masonry, finish carpentry, etc.
Actual to Revised Budget variance of $2.2 million or 13%: This is due in part to an increase in 
residential/commercial construction and one-time audit.payments.
Dinina/Entertainment Saies Taxes
The restaurant category includes restaurants, bars, cafeterias, mobile food vendors, and caterers.
Actual to Revised Budget variance of $1.3 million or 8%: This is due in part to restaurants performing better 
than anticipated.
Food Stores Saies Taxes
This category includes grocery stores, candy stores, meat rnarkets and convenience stores.
Actual to Revised Budget variance of ($0.3) miilion or(2%): The variance is due in part to some businesses 
not doing as well as anticipated, an increase in supplemental nutrition assistance program (SNAP) use, and 
consumer purchasing changes.
Hotel/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 $1.1 million or 11%: This is due in part to a new hotel opening in the 
last year and a speculative sale of a hotel.
Major Department Stores Sales Taxes
This category includes large department stores, warehouse clubs, supercenters, and discount department 
stores.
Actual to Revised Budget variance of $0.4 million or 3%: This is due in part to major department stores 
doing better than anticipated.
June 2025 
Page 44 of 48

Manufacturing Sales Taxes
This category includes businesses that have identified themselves as manufacturers.
Actual to Revised Budget variance of $0.2 million or 9%: The variance is due in part to an increase in use 
taxable purchases.
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 sitores, florists, computer stores, 
hardware stores, online shopping, and pet supply stores.
Actual to Revised Budget variance of $6.1 million or 17%: This is due in part to retailers doing better than 
anticipated and some large one-time audit payments.
Other Activity 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 $1.0 million or 19%: The variance is due in part to moving budget to 
the new categpries of amusements, manufacturing, services with retail, and wholesale. Part of the variance is 
also due to correcting the category for a few businesses that were incorrectly placed into this category by the 
taxpayer diie to the business type selection duririg the application process with the Arizona Department of 
Revenue. Part of it also is due to businesses doing better than anticipated in this category.
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 equiprrient, recreational goods, electronics, appliances, 
etc.)
Actual to Revised Budget variance of $1.3 million or 7%: The variance is due in part to a couple of large 
one-time audit payments.
Services with Retail Sales Taxes
This category includes interior designers, lavi/yers, accountants, architects, beauty salons, barber shops, 
personal goods repair shops, computer services, photographers, and other personal care services.
Actual to Revised Budget variance of $1.3 miilibn or 18%: The variance is due in part to the businesses 
doing better than anticipated.
Utiiities Sales Taxes
This category includes businesses that provide telecornmunication (landlines and cellular), electricity, gas, or 
water services.
Actual to Revised Budget variance of $0.4 million dr 7%: This is due in part to utilities doing better than 
anticipated.
Wholesale Sales Taxes
This category includes businesses that have identified themselves as wholesalers.
Actual to Revised Budget variance of $0.9 million or 29%: This is due in part to businesses doing better 
than anticipated and an increase in purchases subject to use tax.
June 2025 
Page 45 of 48

1
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 & 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.
June 2025 
Page 46 of 48

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 of 
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.
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.
June 2025 
Page 47 of 48

1
'if
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.
June 2025 
Page 48 of 48