Attachment A.pdf

City of Phoenix — City Council Policy Session (2020-10-13)

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One-time
$1,150
$1,200
$1,250
$1,300
$1,350
$1,400
$1,450
$1,500
2019-20 Resources
2019-20 Expenditures
2019-20 General Fund Actual Results 
Resources and Expenditures
Estimate
Actual WO CRF
CRF
Actual Resources were $55.7M, or 4.0% more 
than the Revised Estimate. Excluding one-time 
CRF resources of $48.5M, actual Resources were 
only $7.2M higher, or 0.5% more than Revised 
Estimate. 
Spending 
was $17.9M,
or -1.4% 
under
Estimate.
Millions
 
ATTACHMENT A 
 
Total GF resources were $55.7 million more than estimated, which included a transfer of $48.5 million 
from the Coronavirus Relief Fund (CRF) to offset public safety salaries from March through June. 
Excluding this one-time revenue, total GF resources were $7.2 million more than estimated. City 
department’s actual GF expenditures were $17.9 million under estimate representing a -1.4% 
variance.  As a result, the year-end fund balance was $73.6 million more than estimated, or $25.1 
million more than anticipated excluding the one-time CRF revenue.  
 
With CRF:  
(In Millions) 
Estimate 
Actual 
Variance 
Amount 
Variance 
Percent 
GF Resources 
1,396.2 
1,451.9 
55.7 
4.0% 
GF Collections 
1,254.0 
1,307.4 
53.4 
4.3% 
GF Expenditures 
1,300.7 
1,282.8 
-17.9 
-1.4% 
GF Fund Balance 
95.5 
169.1 
73.6 
77.1% 
 
Without CRF:  
(In Millions) 
Estimate 
Actual 
Variance 
Amount 
Variance 
Percent 
GF Resources 
1,396.2 
1,403.4 
7.2 
0.5% 
GF Collections 
1,254.0 
1,258.9 
4.9 
0.4% 
GF Expenditures 
1,300.7 
1,282.8 
-17.9 
-1.4% 
GF Fund Balance 
95.5 
120.6 
25.1 
26.3%

One-time
$0
$40
$80
$120
$160
$200
2019-20 Ending General Fund Balance
Estimate
Actual WO CRF
CRF
The GF ending balance was 
$73.6M higher than the 
Revised Estimate. 
Excluding one-time CRF 
resources of $48.5M, it was 
only $25.1M higher than the 
Revised Estimate. 
Millions