May 2013 Storm Utility Fund City of Golden Valley
Monthly Budget Report-Storm Utility Enterprise Fund
May, 2013(unaudited)
Over
2013 May YTD (Under) %
Budget Actual Actual Budget Current
Revenue
Interest Earnings 50,000 0 0 (50,000) 0.00% (1)
Storm Sewer Charges 2,228,920 192,284 889,429 (1,339,491) 39.90%
Bassett Creek Watershed 196,000 484,149 484,148 288,148 247.01%
State Grant-Other 0 0 0 0 (3)
Total Revenue 2,474,920 676,433 1,373,577 (1,101,343) 55.50%
Expenses:
Storm Utility 1,636,425 94,709 743,692 (892,733) 45.45% (2)
Street Cleaning 121,780 31,322 48,501 (73,279) 39.83%
Environmental Control 287,845 16,497 49,544 (238,301) 17.21�
Debt Service Payments 437,140 2,750 384,449 (52,691) 87.95%
Total Expenses 2,483,190 145,278 1,226,186 (1,257,004) 49.38%
(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.