October 2014 Conservation-Recycling Fund City of Golden Valley
Monthly Budget Report-Conservation/Recycling Enterprise Fund
October 2014 (unaudited)
Over
2014 October YTD (Under) %
Budget Actual Actual Budget Current
Revenue
Hennepin County Recycling Grant 56,500 0 56,955 455 100.81%
Recycling Charges 332,400 29,262 240,253 (92,147) 72.28% (3)
Miscellaneous Revenues 9,000 7,328 7,328 (1,672)
Interest on Investments 5,000 0 0 (5,000) 0.00% (1)
Total Revenue 402,900 36,590 304,536 (98,364) 75.59%
Expenses:
Recycling 447,135 19,586 302,754 (144,381) 67.71% (2)
Total Expenses 447,135 19,586 302,754 (144,381) 67.71%
(1) Interest Earnings are allocated at year-end.
(2) Recycling Services are through September.
(3) Quarterly charges for recycling went from $10 to$12 after April.