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January 2015 Conservation-Recycling Fund City of Golden Valley Monthly Budget Report-Conservation/Recycling Enterprise Fund January 2015 (unaudited) Over 2015 January YTD (Under) % Budget Actual Actual Budget Current Revenue Hennepin County Recycling Grant 56,770 0 56,955 185 100.33% Recycling Charges 332,875 28,477 268,795 (64,080) 80.75% (2) Miscellaneous Revenues 3,000 0 7,328 4,328 Interest on Investments 9,000 0 0 (9,000) 0.00% (1) Total Revenue 401,645 28,477 333,078 (68,567) 82.93% Expenses: Recycling 451,460 0 0 (451,460) 0.00% (3) Total Expenses 451,460 0 0 (451,460) 0.00% (1) Interest Earnings are allocated at year-end. (2)January Services are all booked to Dec 2014 for January(2/3)/February (1/3). (3) Republic Services are billed in Feb for Jan.