September 2014 Conservation-Recycling Fund City of Golden Valley
Monthly Budget Report-Conservation/Recycling Enterprise Fund
September 2014(unaudited)
Over
2014 September YTD (Under)
Budget Actual Actual Budget Current
Revenue
Hennepin County Recycling Grant 56,500 56,955 56,955 455 100.81%
Recycling Charges 332,400 25,208 210,991 (121,409) 63.48% (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 82,163 267,946 (134,954) 66.50%
Expenses:
Recycling 447,135 19,079 283,168 (163,967) 63.33% (2)
Total Expenses 447,135 19,079 283,168 (163,967) 63.33%
(1) Interest Earnings are allocated at year-end.
(2) Recycling Services are through August.
(3) Quarterly charges for recycling went from $10 to$12 after April.