April 2013 Storm Utility Fund City of Golden Valley
Monthly Budget Report-Storm Utility Enterprise Fund
April,2013(unaudited)
Over
2013 April YTD (Under) %
Budget Actual Actual Budget Current
Revenue
Interest Earnings 50,000 0 0 (50,000) 0.00% (1)
Storm Sewer Charges 2,228,920 195,678 697,145 (1,531,775) 31.28%
Bassett Creek Watershed 196,000 0 0 (196,000) 0.009�
State Grant-Other 0 0 0 0 (3)
Total Revenue 2,474,920 195,678 697,145 (1,777,775) 28.17%
Expenses:
Storm Utility 1,636,425 35,764 648,983 (987,442) 39.66% (2)
Street Cleaning 121,780 9,971 17,179 (104,601) 14.11%
Environmental Control 287,845 9,741 33,047 (254,798) 11.48%
Debt Service Payments 437,140 0 381,699 (55,441) 87.32%
Total Expenses 2,483,190 55,476 1,080,908 (1,402,282) 43.53%
(1) Interest Earnings are allocated at year-end.
(2) Depreciation is allocated at year-end and.2012 PMP and 2013 PMP are not complete.
(3) Project Reimbursement.