November 2014 General Fund City of Golden Valley
Monthly Budget Report- General Fund Expenditures
November, 2014 (unaudited)
Over %
2014 November YTD (Under) Of Budget
Division Budget Actual Actual Budget Expend
001 Council $294,840 34,185 224,835 ($70,005) 76.26%
003 City Manager 762,980 74,539 639,896 (123,084) 83.87%
004 Transfers Out 294,710 0 294,710 0 100.00% (1)
005 Admin. Services 1,676,280 150,546 1,540,008 (136,272) 91.87%
006 Legal 135,000 11,679 110,083 (24,917) 81.54% (2)
007 Risk Management 300,000 6,975 274,457 (25,543) 91.49%
oil General Gov't. Bldgs. 556,990 44,560 512,730 (44,260) 92.05%
016 Planning 346,195 30,904 278,830 (67,365) 80.54%
018 Inspections 651,545 65,642 603,908 (47,637) 92.69%
022 Police 5,202,175 556,345 4,586,825 (615,350) 88.17%
023 Fire 1,200,190 81,830 956,570 (243,620) 79.70%
035 Physical Dev Admin 334,315 42,043 332,089 (2,226) 99.33%
036 Engineering 691,880 61,761 466,822 (225,058) 67.47%
037 Streets 1,429,410 159,369 1,382,059 (47,351) 96.69%
065 Community Center 74,100 5,891 51,328 (22,772) 69.27%
066 Park & Rec.Admin. 679,345 63,891 601,923 (77,422) 88.60%
067 Park Maintenance 1,051,490 88,286 955,269 (96,221) 90.85%
068 Recreation Programs 502,830 18,085 263,883 (238,947) 52.48% (3)
TOTAL Expenditures $16,184,275 $1,496,531 $14,076,225 ($2,108,050) 86.97%
(1)This transfer was made in June, 2014.
(2) Legal services are through October.
(3)Tennis program expenditures are lower due to contractual arrangement.
City of Golden Valley
Monthly Budget Report-General Fund Revenues
November, 2014
Percentage Of Year Completed 92.00%
Over %
2014 November YTD (Under) of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $12,358,005 0 6,427,082 ($5,930,923) 52.01% (1)
Licenses 210,785 2,395 260,196 $49,411 123.44%
Permits 725,000 62,881 1,156,436 $431,436 159.51%
Federal Grants 0 0 15,930 $15,930
State Aid 255,390 197 151,172 ($104,218) 59.19% (2)
Hennepin County Aid 31,205 0 31,758 $553 (3)
Charges For Services:
General Government 45,050 6,783 48,878 $3,828 108.50%
Public Safety 163,870 7,530 151,490 ($12,380) 92.45%
Public Works 141,000 11,482 142,830 $1,830 101.30%
Park & Rec 525,270 10,699 354,730 ($170,540) 67.53% (4)
Other Funds 981,500 62,094 840,370 ($141,130) 85.62%
Fines & Forfeitures 320,000 21,596 265,414 ($54,586) 82.94% (5)
Interest On Investments 100,000 0 0 ($100,000) 0.00% (6)
Miscellaneous Revenue 227,200 15,819 185,348 ($41,852) 81.58%
Transfers In 100,000 8,333 91,667 ($8,333) 91.67% (7)
TOTAL Revenue $16,184,275 $209,809 $10,123,301 _L$6,060,974) 62.55%
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 October 2014.
(6) Investment income is allocated at year end.
(7)Transfers are monthly.