August 2013 General Fund City of Golden Valley
Monthly Budget Report-General Fund Expenditures
August, 2013 (unaudited)
Qver %
2Q13 August YTD (Under) Of Budget
Division Budget Actual Actual Budget Expend.
001 Council $286,185 25,291 215,411 ($70,774) 75.27%
003 City Manager 729,810 48,309 430,069 (299,741) 58.93%
ooa Transfers Out 444,710 0 294,710 (150,000) 66.27% (1)
005 Admin. Services 1,594,515 300,378 1,079,183 (515,332) 67.68%
oos Legai 135,000 4,702 47,377 (87,623) 35.09% (2)
oo� Risk Management 300,000 0 199,258 (100,742) 66.42%
o�� General Gov't. Bidgs. 525,990 39,318 343,3Q2 (182,688) 65.27%
o1s Planning 323,750 25,670 2Q4,972 (118,778) 63.31%
022 Police 4,$62,455 348,235 3,125,$04 (1,736,651) 64.28%
023 Fire and Inspections 1,591,200 139,089 1,001,964 (589,236) 62.97%
035 Public Works Admin. 321,545 24,766 206,691 (114,854) 64.28%
036 Engineering 668,745 41,350 339,608 (329,137) 50.78%
03� Streets 1,385,115 134,213 889,621 (495,494) 64.23%
os5 Community Center 72,910 2,498 28,945 (43,965) 39.70%
oss Park & Rec. Admin. 665,465 43,978 400,490 (264,975) 60.18%
os� Park Maintenance 1,006,895 100,490 639,479 (367,416) 63.51%
oss Recreation Programs 420,095 77,132 351,814 (68,281) 83.75%
TOTAL Expenditures $15,334,385 $1,355,419 $9,798,698 ($5,535,687) 63.90%
(1)The remaining $150,000 will be made with a budget adjustment(council resolution later this year).
(2) Legal bills are billed through July.
City of Golden Valley
Monthly Budget Report-General Fund Revenues
August, 2013
Percentage Of Year Completed 66.70%
Over %
2013 August YTD (Under) of Budget
Type Budget Actuai Actual Bud ec,�t Received
Ad Valorem Taxes $11,967,780 9,821 6,212,303 ($5,755,477) 51.91% (1)
Licenses 191,510 16,450 216,444 $24,934 113.02% (2)
Permits 693,200 137,536 685,926 ($7,274) 98.95% (3)
Federal Grants 0 5,035 14,350 $14,350
State Aid 10,500 15,742 20,366 $9,866 193.96% (4)
Hennepin CountyAid 24,000 0 11,521 ($12,479) (5)
Charges For Services:
General Government 43,560 285 30,141 ($13,419) 69.19%
Public Safety 151,385 14,211 106,982 ($44,403) 70.67%
Public Works 140,000 12,305 96,920 ($43,080) 69.23%
Park & Rec 423,750 75,857 483,479 $59,729 114.10%
Other Funds 981,500 63,203 489,063 ($492,437) 49.83%
Fines & Forfeitures 280,000 28,526 232,982 ($47,018) 83.21%
Interest On Investments 100,000 Q 900 ($99,100) 0.90% (6)
Miscellaneous Revenue 227,200 17,518 140,401 ($86,799) 61.80%
Transfers In 100,000 8,333 66,667 ($33,333) 66.67% (7)
TOTAL Revenue $15,334,385 $404,822 $8,808,445 ($6,525,940) 57.44%
Notes:
(1) Payments are received in July, December, and January.
(2)Aparkments, Pawn and Liquor License revenue were higher than budgeted.
(3) Building permit revenue increased with new home construction.
(4) Police Training is paid in August. Safe and Sober is billed on time spent.
(5) Payment for officer to be part of the Violent Offenders Task Force.
(6) Investment income is allocated at year end.
(7) Transfers are monthly.