June 2014 Conversation-Recycling Fund City of Golden Valley
Monthly Budget Report-Conservation/Recycling Enterprise Fund
June 2014(unaudited)
Over
2014 June YTD (Under)
Budget Actual Actual Budget Current
Revenue
Hennepin County Recycling Grant 56,500 0 0 (56,500) 0.00%
Recycling Charges 332,400 25,263 127,990 (204,410) 38.50% (3)
Miscellaneous Revenues 9,000 0 0 (9,000)
Interest on Investments 5,000 0 0 (5,000) 0.00% (1)
Total Revenue 402,900 25,263 127,990 (274,910) 31.77%
Expenses:
Recycling 447,135 20,854 198,465 (248,670) 44.39% (2)
Total Expenses 447,135 20,854 198,465 (248,670) 44.39%
(1) Interest Earnings are allocated at year-end.
(2) Recycling Services are through May.
(3) Quarterly charges for recycling went from $10 to$12 after April.