March 2015 General Fund City of Golden Valley
Monthly Budget Report- General Fund Expenditures
March, 2015 (unaudited)
Over %
2015 March YTD (Under) Of Budget
Division Budget Actual Actual Budget Expend.
001 Council $330,450 26,550 81,331 ($249,119) 24.61%
003 City Manager 774,940 53,646 147,498 (627,442) 19.03%
004 Transfers Out 475,000 0 0 (475,000) 0.00% (1)
005 Admin. Services 1,726,920 198,511 330,089 (1,396,831) 19.11%
006 Legal 139,050 5,913 12,796 (126,254) 9.20% (2)
007 Risk Management 300,000 396 1,664 (298,336) 0.55%
01l General Gov't, Bldgs. 560,590 28,482 80,611 (479,979) 14.38%
016 Planning 303,780 22,096 56,744 (247,036) 18.68%
018 Inspections 704,575 50,879 135,757 (568,818) 19.27%
022 Police 5,568,860 391,236 1,070,920 (4,497,940) 19.23%
023 Fire 1,255,045 103,041 273,425 (981,620) 21.79%
035 Physical Dev Admin 285,180 21,477 65,292 (219,888) 22.90%
036 Engineering 759,890 32,233 94,939 (664,951) 12.49%
037 Streets 1,473,370 90,717 310,101 (1,163,269) 21.05%
065 Community Center 75,615 5,393 13,705 (61,910) 18.12%
066 Park & Rec. Admin. 698,640 57,454 141,915 (556,725) 20.31%
067 Park Maintenance 1,095,740 90,097 213,802 (881,938) 19.51%
068 Recreation Programs 374,490 10,742 52,019 (322,471) 13.89%
TOTAL Expenditures $16,902,135 $1,188,863 $3,082,608 ($13,819,527) 18.24%
(1)This transfer will be made in June, 2015.
(2) Legal services are through February.
City of Golden Valley
Monthly Budget Report-General Fund Revenues
March2015 (unaudited)
Percentage Of Year Completed 25.00%
Over %
2015 March 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 9,980 30,923 ($190,642) 13.96%
Permits 800,000 65,666 282,293 ($517,707) 35.29%
Federal Grants 0 0 1,135 $1,135
State Aid 261,600 0 9,919 ($251,681) 3.79% (2)
Hennepin County Aid 31,205 0 25,000 ($6,205) (3)
Charges For Services:
General Government 19,065 267 6,441 ($12,624) 33.78%
Public Safety 176,120 22,142 29,608 ($146,512) 16.81%
Public Works 141,000 17,370 31,120 ($109,880) 22.07%
Park& Rec 396,300 14,022 78,708 ($317,592) 19.86%
Other Funds 841,500 55,110 167,794 ($673,706) 19.94%
Fines & Forfeitures 320,425 30,547 51,086 ($269,339) 15.94% (4)
Interest On Investments 100,000 0 0 ($100,000) 0.00% (5)
Miscellaneous Revenue 227,200 16,828 62,381 ($164,819) 27.46%
Transfers In 100,000 8,333 25,000 ($75,000) 25.00% (6)
TOTAL Revenue $16,902,135 $240,265 $801,408 ($16,100,727) 4.74%
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 February 2015.
(5) Investment income is allocated at year end.
(6)Transfers are monthly.