September 2013 General Fund City of Golden Valley
Monthly Budget Report-General Fund Expenditures
September, 2013 (unaudited)
Over %
2013 September YTD (Under) Of Budget
Division Budqet Actual Actual Budqet Expend.
oo� Council $286,185 14,504 217,915 ($68,270) 76.14%
003 City Manager 729,810 44,503 474,573 (255,237) 65.03%
ooa Transfers Out 444,710 0 294,710 (150,000) 66.27% (1)
005 Admin. Services 1,594,515 104,961 1,184,144 (410,371) 74.26%
oos Legal 135,000 5,491 52,867 (82,133) 39.16% (2)
oo� Risk Management 300,000 0 199,258 (100,742) 66.42%
o�� General Gov't. Bldgs. 525,990 61,692 404,994 (120,996) 77.00%
o�s Planning 323,750 16,475 221,447 (102,303) 68.40%
022 Police 4,862,455 351,756 3,477,559 (1,384,896) 71.52%
023 Fire and Inspections 1,591,200 124,114 1,126,077 (465,123) 70.77%
035 Public Works Admin. 321,545 22,933 230,108 (91,437) 71.56%
o3s Engineering 668,745 51,735 391,342 (277,403) 58.52%
03� Streets 1,385,115 77,404 966,541 (418,574) 69.78%
os5 Community Center 72,910 3,693 32,639 (40,271) 44.77%
oss Park& Rec.Admin. 665,465 49,730 450,220 (215,245) 67.65%
os� Park Maintenance 1,006,895 95,932 735,411 (271,484) 73.04%
o6s Recreation Programs 420,095 81,667 433,480 13,385 103.19%
TOTAL Expenditures $15,334,385 $1,106,590 $10,893,285 ($4,441,100) 71.04%
(1)The remaining $150,000 will be made with a budget adjustment(council resolution later this year).
(2) Legal bills are billed through August.
City of Golden Valley
Monthly Budget Report-General Fund Revenues
September, 2013
Percentage Of Year Completed 75.00%
Over %
2013 September YTD (Under) of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $11,967,780 0 6,212,303 ($5,755,477) 51.91% (1)
Licenses 191,510 5,205 221,649 $30,139 115.74% (2)
Permits 693,200 184,586 870,512 $177,312 125.58% (3)
Federal Grants 0 0 14,350 $14,350
State Aid 10,500 0 36,366 $25,866 346.34% (4j
Hennepin County Aid 24,000 0 11,521 ($12,479) (5)
Charges For Services:
General Government 43,560 4,899 35,041 ($8,519) 80.44%
Public Safety 151,385 10,064 117,046 ($34,339) 77.32%
Public Works 140,000 14,753 111,674 ($28,326) 79.77%
Park&Rec 423,750 39,895 523,373 $99,623 123.51%
Other Funds 981,500 66,238 695,301 ($286,199) 70.84%
Fines& Forfeitures 280,000 31,282 264,264 ($15,736) 94.38%
Interest On Investments 100,000 0 900 ($99,100) 0.90% (6)
Miscellaneous Revenue 227,200 17,218 156,618 ($70,582) 68.93%
Transfers In 100,000 8 333 75,000 ($25,000) 75.00% (7)
TOTAL Revenue $15,334,385 $382,473 $9,345,918 ($5,988,467) 60.95%
Notes:
(1) Payments are received in July, December, and January.
(2)Apartments, Pawn and Liquor Lieense revenue were higher than budgeted.
(3) Building permit revenue increased with new home construction.
(4) Police Training was 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.