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July 2014 Conservation-Recycling Fund City of Golden Valley Monthly Budget Report-Conservation/Recycling Enterprise Fund July 2014(unaudited) Over 2014 July YTD (Under) Budget Actual Actual Budget Current Revenue Hennepin County Recycling Grant 56,500 0 0 (56,500) 0.00% Recycling Charges 332,400 29,182 157,172 (175,228) 47.28% (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 29,182 157,172 (245,728) 39.01% Expenses: Recycling 447,135 43,664 242,128 (205,007) 54.15% (2) Total Expenses 447,135 43,664 242,128 (205,007) 54.15% (1) Interest Earnings are allocated at year-end. (2) Recycling Services are through June. (3) Quarterly charges for recycling went from $10 to$12 after April.