September 2014 General Fund City of Golden Valley
Monthly Budget Report-General Fund Expenditures
September, 2014 (unaudited)
Over %
2014 September YTD (Under) Of Budget
Division Budget Actual Actual Budget Expend
oot Council $294,840 10,659 177,602 ($117,238) 60.24%
003 City Manager 762,980 56,724 497,100 (265,880) 65.15%
004 Transfers Out 294,710 0 294,710 0 100.00% (1)
005 Admin. Services 1,676,280 111,835 1,253,686 (422,594) 74.79%
006 Legal 135,000 13,550 89,676 (45,324) 66.43% (2)
007 Risk Management 300,000 0 202,970 (97,030) 67.66%
011 General Gov't. Bldgs. 556,990 72,052 408,870 (148,120) 73.41%
016 Planning 346,195 16,259 218,148 (128,047) 63.01%
018 Inspections 651,545 54,659 464,652 (186,893) 71.32%
022 Police 5,202,175 382,862 3,530,602 (1,671,573) 67.87%
023 Fire 1,200,190 73,509 783,641 (416,549) 65.29%
035 Physical Dev Admin 334,315 21,505 234,817 (99,498) 70.24%
036 Engineering 691,880 16,612 335,893 (355,987) 48.55%
037 Streets 1,429,410 124,555 1,073,170 (356,240) 75.08%
065 Community Center 74,100 3,671 38,245 (35,855) 51.61%
066 Park& Rec. Admin. 679,345 54,901 473,522 (205,823) 69.70%
067 Park Maintenance 1,051,490 85,561 773,997 (277,493) 73,61%
068 Recreation Programs 502,830 21,500 219,094 (283,736) 43.57% (3)
TOTAL Expenditures $16,184,275 $1,120,414 $11,070,395 ($5,113,880) 68.40%
(1) This transfer was made in June, 2014.
(2) Legal services are through August.
(3)Tennis program expenditures are lower due to contractual arrangement.
City of Golden Valley
Monthly Budget Report-General Fund Revenues
September, 2014
Percentage Of Year Completed 75.00%
Over %
2014 September YTD (Under) of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $12,358,005 0 6,417,261 ($5,940,744) 51.93% (1)
Licenses 210,785 4,905 251,091 $40,306 119.12%
Permits 725,000 72,452 938,673 $213,673 129.47%
Federal Grants 0 0 13,860 $13,860
State Aid 255,390 0 149,092 ($106,298) 58.38% (2)
Hennepin County Aid 31,205 0 31,758 $553 (3)
Charges For Services:
General Government 45,050 17,441 41,609 ($3,441) 92.36%
Public Safety 163,870 25,740 133,797 ($30,073) 81.65%
Public Works 141,000 16,987 117,687 ($23,313) 83.47%
Park& Rec 525,270 61,786 311,438 ($213,832) 59.29% (4)
Other Funds 981,500 0 685,998 ($295,502) 69.89%
Fines & Forfeitures 320,000 24,923 217,305 ($102,695) 67.91% (5)
Interest On Investments 100,000 0 0 ($100,000) 0.00% (6)
Miscellaneous Revenue 227,200 1,410 153,272 ($73,928) 67.46%
Transfers In 100,000 8,333 75,000 ($25,000) 75.00% (7)
TOTAL Revenue $16,184,275 $233,977 $9,537,841 ($6,646,434) 58.93%
Notes:
(1) Payments are received in July, December, and January(delinquencies).
(2) Police Training was 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 August 2014.
(6) Investment income is allocated at year end.
(7)Transfers are monthly.