October 2014 General Fund City of Golden Valley
Monthly Budget Report-General Fund Expenditures
October, 2014 (unaudited)
�V@f %
2014 October YTD (Under) Of Budget
Division Budget Actual Actual Budget Expend.
00� Council $294,840 10,986 188,588 ($106,252) 63.96%
003 City Manager 762,980 49,679 547,679 (215,301) 71.78%
ooa Transfers Out 294,710 0 294,710 0 100.00% (1)
005 Admin. Services 1,676,280 112,493 1,366,179 (310,101) 81.50%
006 Legal 135,000 8,728 98,404 (36,596) 72.89% (2)
oo� Risk Management 300,000 64,513 267,482 (32,518) 89.16%
011 General Gov't. Bidgs. 556,990 5$,897 467,767 (89,223) 83.98%
o�s Planning 346,195 21,549 239,697 (106,498) 69.24%
o1s Inspections 651,545 59,232 523,885 (127,660) 80.41%
ozz Police 5,202,175 386,846 3,917,449 (1,284,726) 75,30%
023 Fire 1,200,190 75,837 859,478 (340,712) 71.61%
os5 Physical DevAdmin 334,315 11,362 283,459 (50,856) 84.79%
oss Engineering 691,880 63,039 398,931 (292,949) 57.66%
os� S#reets 1,429,410 128,037 1,201,207 (228,203) 84.04%
os5 Gommunity Center 74,100 7,192 45,437 (28,663) 61.32%
066 Park & Rec. Admin. 679,345 48,678 522,199 (157,146) 76.87%
os� Park Maintenance 1,051,490 73,308 847,305 (204,185) 80.58%
oss Recreation Programs 502,830 26,703 245,798 (257,032) 48.88% (3)
TOTAL Expenditures $16,184,275 $1,207,079 $12,315,654 ($3,868,621) 76.10%
(1)This transfer was made in June, 2014.
(2) Legal services are through September.
(3)Tennis program expenditures are lower due to contractual arrangement.
City of Golden Valley
Monthly Budget Report-General Fund Revenues
October, 2014
Percentage Of Year Completed 83.33%
Over %
2014 October YTD (Under) of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $12,358,005 9,821 6,427,082 ($5,930,923) 52.01% (1)
Licenses 210,785 6,710 257,801 $47,016 122.31%
Permits 725,000 154,882 1,093,555 $368,555 150.84%
Federal Grants 0 0 15,930 $15,930
State Aid 255,390 1,882 150,974 ($104,416) 59.12% (2)
Hennepin CountyAid 31,205 0 31,758 $553 (3)
Charges For Services:
General Government 45,050 486 42,095 ($2,955) 93.44%
Public Safety 163,870 10,164 143,961 ($19,909) 87.85%
Public Works 141,000 13,629 131,346 ($9,654) 93.15%
Park & Rec 525,270 32,713 344,061 ($181,209) 65.50% (4)
Other Funds 981,500 70,639 778,276 ($203,224) 79.29%
Fines & Forfeitures 320,000 26,513 243,817 ($76,183) 76.19% (5)
Interest On Investments 100,000 0 0 ($100,000) 0.00% (6)
Miscellaneous Revenue 227,200 16,228 169,440 ($57,760) 74.58%
Transfers In 100,000 8,333 83,333 ($16,667) 83.33% (7)
TOTAL Revenue $16,184,275 $352,000 $9,913,429 ($6,270,846) 61.25%
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)Vialent Offenders Task Force is run by Hennepin County.
(4)Tennis progam was changed after budget was approved.
(5) Fines/Forfeitures are through September 2014.
(6) Investment income is allocated at year end.
(7)Transfers are monthly.