City of Sioux Falls Monthly Financial Status Report (Unaudited) - PDF document

City of Sioux Falls Monthly Financial Status Report (Unaudited) December 31, 2018 Preliminary Year-end Results Pending Final Audit Report Prepared by the Finance Department

������������������������������� ������������� Unemployment Labor Force & Employment 7% 155,000 6% 150,000 5% 4% 145,000 3% 140,000 2% 135,000 1% 0% 130,000 City MSA State National Labor Force Employment ��������� �������� �������� �������� ��������� �������� �������� �������� ������������� ����� ����� ����� ������������ ������� ������� ������� ������������������ ���� ���� ���� ���������� ������� ������� ������� December National CPI-U Inflation 5% (12-month Percentage Change) 4% 4% 3% 3% 2.2% 1.9% 1.6% 2% 2% Dec 1% 1.9% 1% 0% 0% -0.3% -1% -1% -2% All Items Food Energy All items less food and -3% energy Average Annual Employee Wages South Dakota Farm Income Sioux Falls MSA $3,000,000 $50,000 $2,500,000 $48,000 $2,000,000 Thousands $46,000 $1,500,000 $44,000 $1,000,000 $42,000 $500,000 $0 $40,000

Sioux Falls Year-To-Date Sioux Falls Quarterly Housing Building Permit Valuations Permits (Units) 700 2016 Feb 2017 600 Apr 2018 500 Jun 400 Aug 300 Oct 200 Dec 100 0 Millions �������� �������� �������� Single Multi-Family Townhome/Duplex �������������� ������ ������ ������ Sales Tax Collections w/out Audits Jan 2017 - Dec 2018 10% 9.0% 7.7% 7.8% 8% 6.5%5.6% 6% 4.3%4.9% Dec 3.2% 3.6%4.7% 4% 4.5% 2.8% 1.8% 2.0% 2.3% 2.1% 1.0% 1.4% 1.6%1.0% 2% 0.4% 0.2% 0% -0.7% -2% -2.0% -2.5% -4% Year-Over-Year Monthly Growth Cumulative 12-Month Rolling Growth Rate ������ - ���������������������������������������������������������������������� - ���� - ������������������������������������������� ����������������������������������������������� Entertainment Tax Collections w/out Audits Jan 2017 - Dec 2018 13.6% 15% 13.5% 8.6% 8.9% 10% 7.9% 7.8% 7.9% 5.1% 6.7% 4.7% Dec 4.0% 3.9% 5% 2.0% 2.5% 1.9% 4.8% 0.1% 0% -0.3% -0.8% -1.4% -5% -3.7% -3.5% -3.4% -4.2% -8.0% -10% Year-Over-Year Monthly Growth Cumulative 12-Month Rolling Growth Rate

GENERAL FUND - REVENUE ANALYSIS YTD REVENUE YTD REVENUE BY SOURCE % % Budget Budget 2017 2018 $65 $60 January $ 5,752,767 4% $ 7,308,335 5% $55 February 7,446,457 8% 11,271,505 12% $50 March 10,992,276 15% 7,450,736 17% $45 $40 April 10,221,999 22% 9,995,827 23% $35 Millions May 29,597,508 41% 33,169,534 44% $30 June 14,334,062 50% 12,672,123 52% $25 $20 July 8,840,448 56% 9,882,976 58% $15 August 8,429,717 61% 8,910,025 64% $10 September 8,252,246 66% 7,703,407 69% $5 $- October 10,052,982 73% 9,271,789 75% November 30,624,081 92% 25,546,121 91% December 11,151,514 99% 18,419,163 102% YTD Actual $ 155,696,055 99% $ 161,601,542 102% 0 - 0% - 0 Budget $ 156,830,525 $ 157,744,130 2016 2017 2018 GENERAL FUND - EXPENDITURE ANALYSIS YTD EXPENDITURES YTD EXPENDITURES BY DEPARTMENT % % $40 2017 Budget 2018 Budget $35 January $ 7,050,021 4% $ 6,402,113 4% February 10,512,369 11% 12,036,713 11% $30 March 14,875,933 20% 14,855,646 21% $25 April 10,938,434 27% 12,556,880 28% Millions $20 May 10,939,216 34% 10,836,745 35% June 13,251,871 42% 13,892,360 44% $15 July 14,614,946 52% 15,327,184 53% $10 August 10,798,327 58% 15,154,792 62% September 14,364,001 68% 10,777,262 69% $5 October 12,168,945 75% 12,393,586 77% $- November 10,151,584 82% 10,990,295 84% December 21,935,493 95% 21,359,593 97% YTD Actual $ 151,601,141 95% $ 156,583,169 97% 0 - 0% - 0 Budget $ 158,986,887 $ 161,708,233 2016 2017 2018