June 2014 General Fund City of Golden Valley
Monthly Budget Report-General Fund Expenditures
June, 2014 (unaudited)
Over %
2014 June YTD (Under) Of Budget
Division Budget Actual Actual Budget Expend.
001 Council $294,840 13,332 139,904 ($154,936) 47.45%
003 City Manager 762,980 84,398 328,318 (434,662) 43.03%
004 Transfers Out 294,710 294,710 294,710 0 100.00% (1)
005 Admin. Services 1,676,280 135,465 708,009 (968,271) 42.24%
006 Legal 135,000 9,646 43,219 (91,781) 32.01% (2)
007 Risk Management 300,000 949 136,360 (163,640) 45.45%
011 General Gov't. Bldgs. 556,990 50,282 259,216 (297,774) 46.54%
016 Planning 346,195 36,264 164,949 (181,246) 47.65%
018 Inspections 651,545 72,312 300,442 (351,103) 46.11%
022 Police 5,202,175 530,866 2,404,566 (2,797,609) 46.22%
023 Fire 1,200,190 100,279 546,385 (653,805) 45.52%
035 Physical Dev Admin 334,315 59,202 184,578 (149,737) 55.21%
036 Engineering 691,880 45,383 241,844 (450,036) 34.95%
037 Streets 1,429,410 158,399 704,061 (725,349) 49.26%
065 Community Center 74,100 6,315 26,674 (47,426) 36.00%
066 Park& Rec. Admin. 679,345 72,720 316,340 (363,005) 46.57%
067 Park Maintenance 1,051,490 134,587 511,199 (540,291) 48.62%
068 Recreation Programs 502,830 58,138 142,413 (360,417) 28.32% (3)
TOTAL Expenditures $16,184,275 $1,863,247 $7,453,187 ($8,731,088) 46.05%
(1)This transfer was made in June, 2014.
(2) Legal services are through May.
(3)Tennis program expenditures are lower due to contractual arrangement.
City of Golden Valley
Monthly Budget Report-General Fund Revenues
June, 2014
Percentage Of Year Completed 42.00%
Over %
2014 June YTD (Under) of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $12,358,005 0 9,821 ($12,348,184) 0.08% (1)
Licenses 210,785 24,490 214,591 $3,806 101.81%
Permits 725,000 91,470 651,634 ($73,366) 89.88%
Federal Grants 0 0 7,500 $7,500
State Aid 255,390 0 5,453 ($249,937) 2.14% (2)
Hennepin County Aid 31,205 0 20,000 ($11,205) (3)
Charges For Services:
General Government 45,050 2,314 7,495 ($37,555) 16.64%
Public Safety 163,870 23,939 81,126 ($82,744) 49.51%
Public Works 141,000 19,877 73,257 ($67,743) 51.96%
Park& Rec 525,270 40,327 178,987 ($346,283) 34.08% (4)
Other Funds 981,500 59,665 393,659 ($587,841) 40.11%
Fines & Forfeitures 320,000 29,397 137,686 ($182,314) 43.03% (5)
Interest On Investments 100,000 0 0 ($100,000) 0.00% (6)
Miscellaneous Revenue 227,200 16,020 112,925 ($114,275) 49.70%
Transfers In 100,000 8,333 58,333 ($41,667) 58.33% (7)
TOTAL Revenue $16,184,275 $315,832 $1,952,467 ($14,231,808) 12.06%
Notes:
(1) Payments are received in July, December, and January.
(2) Police Training will be paid in August. Safe and Sober is billed on time spent.
(3)Violent Offenders Task Force is run by Hennepin County.
(4)Tennis progam was changed after budget was approved.
(5) Fines/Forfeitures are through May 2014.
(6) Investment income is allocated at year end.
(7)Transfers are monthly.