February 2015 General Fund City of Golden Valley
Monthly Budget Report-General Fund Expenditures
February, 2015 (unaudited)
Over %
2015 February YTD (Under) Of Budget
Division Budget Actual Actual Budget Expend.
ool Council $330,450 35,082 54,781 ($275,669) 16.58%
003 City Manager 774,940 57,566 93,852 (681,088) 12.11%
004 Transfers Out 475,000 0 0 (475,000) 0.00% (1)
005 Admin. Services 1,726,920 78,403 131,578 (1,595,342) 7.62%
006 Legal 139,050 6,882 6,882 (132,168) 4.95% (2)
007 Risk Management 300,000 1,088 1,268 (298,732) 0.42%
011 General Gov't. Bldgs. 560,590 48,748 52,128 (508,462) 9.30%
016 Planning 303,780 18,768 34,648 (269,132) 11.41%
018 Inspections 704,575 49,029 84,877 (619,698) 12.05%
022 Police 5,568,860 365,664 679,684 (4,889,176) 12.21%
023 Fire 1,255,045 96,340 170,384 (1,084,661) 13.58%
035 Physical Dev Admin 285,180 23,049 43,815 (241,365) 15.36%
036 Engineering 759,890 48,078 62,706 (697,184) 8.25%
037 Streets 1,473,370 114,276 219,384 (1,253,986) 14.89%
065 Community Center 75,615 5,063 8,312 (67,303) 10.99%
066 Park & Rec.Admin. 698,640 48,056 84,461 (614,179) 12.09%
067 Park Maintenance 1,095,740 69,544 123,704 (972,036) 11.29%
068 Recreation Programs 374,490 21,785 41,277 (333,213) 11.02%
TOTAL Expenditures $16,902,135 $1,087,421 $1,893,741 ($15,008 394) 11.20%
(1)This transfer will be made in June, 2015.
(2) Legal services have not been billed for January.
City of Golden Valley
Monthly Budget Report-General Fund Revenues
February 2015 (unaudited)
Percentage Of Year Completed 16.67%
Over %
2015 Feb YTD (Under) of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $13,266,155 0 0 ($13,266,155) 0.00% (1)
Licenses 221,565 19,418 20,943 ($200,622) 9.45%
Permits 800,000 67,099 216,627 ($583,373) 27.08%
Federal Grants 0 0 1,135 $1,135
State Aid 261,600 7,500 9,919 ($251,681) 3.79% (2)
Hennepin County Aid 31,205 0 0 ($31,205) (3)
Charges For Services:
General Government 19,065 946 6,831 ($12,234) 35.83%
Public Safety 176,120 4,086 7,466 ($168,654) 4.24%
Public Works 141,000 12,723 13,750 ($127,250) 9.75%
Park& Rec 396,300 40,413 64,686 ($331,614) 16.32%
Other Funds 841,500 55,433 112,684 ($728,816) 13.39%
Fines & Forfeitures 320,425 20,539 20,539 ($299,886) 6.41% (4)
Interest On Investments 100,000 0 0 ($100,000) 0.00% (5)
Miscellaneous Revenue 227,200 31,256 45,553 ($181,647) 20.05%
Transfers In 100,000 8,333 16,666 ($83,334) 16.67% (6)
TOTAL Revenue $16,902,135 $267,746 $536,799 ($16,365,336) 3.18%
Notes:
(1) Payments are received in July, December, and January(delinquencies).
(2) Police Training will be paid in August. Safe and Sober is billed on time spent.
(3)Violent Offenders Task Force is run by Hennepin County.
(4) Fines/Forfeitures are through January 2015.
(5) Investment income is allocated at year end.
(6)Transfers are monthly.