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December 2014 General Fund City of Golden Valley Monthly Budget Report-General Fund Expenditures December, 2014(unaudited) Over % 2014 December YTD (Under) Of Budget Division Budget Actual Actual Budget Expend. ooi Council $296,340 40,435 265,270 ($31,070) 89.52% (1) 003 City Manager 774,980 54,388 694,285 (80,695) 89.59% (2) 004 Transfers Out 294,710 0 294,710 0 100.00% 005 Admin. Services 1,692,280 142,610 1,682,785 (9,495) 99.44% (3) 006 Legal 135,000 24,214 134,296 (704) 99.48% 007 Risk Management 300,000 (33,540) 240,917 (59,083) 80.31% (4) oil General Gov't. Bldgs, 556,990 100,897 613,628 56,638 110.17% (5) 016 Planning 346,195 23,712 302,542 (43,653) 87.39% (6) 018 Inspections 661,545 73,971 677,757 16,212 102.45% (7) 022 Police 5,202,175 486,476 5,074,608 (127,567) 97.55% (8) 023 Fire 1,200,190 79,712 1,034,704 (165,486) 86.21% (9) 035 Physical Dev Admin 344,315 25,578 356,927 12,612 103.66% (10) 036 Engineering 691,880 91,472 559,173 (132,707) 80.82% (11) 037 Streets 1,444,410 120,331 1,501,652 57,242 103.96% (12) 065 Community Center 74,100 15,768 67,096 (7,004) 90.55% 066 Park& Rec.Admin, 679,345 55,764 658,065 (21,280) 96.87% (13) 067 Park Maintenance 1,071,490 84,301 1,039,527 (31,963) 97.02% (14) 068 Recreation Programs 502,830 39,839 303,646 (199,184) 60.39% (15) TOTAL Expenditures $16,268,775 $1,425,928 $15,501,588 ($767,187) 95.28% (1)Civil Service, HRC,OSRC, BZA and Envision Commission were under budget. (2)City Clerk was not hired until April. HR Sevices were not needed. (3)Additional hours for special network services from LOGIS were not needed. (4) LMCIT Dvidend was$38,340. (5) Electric and Gas Service was higner than budgeted. (6) Staffing changes and no car allowance made after July. (7) Market adjustments on salaries and additional temporary staff needs. (8) Staffing changes made and vacancies (9) Delay in hiring process for Deputy Fire Chief plus lower hours for fire calls. (10) Department changes were made. (11) More hours charged to poejcts along with lower electrical costs than budgeted. (12) Market adjustments to salaries and vehicle maintenance charges were higher than budgeted. (13) Llower supplies and services compared to budget. (14) Less wages for seasonal help compared to budget. (15)Various programs were under budget amount: softball, summer park, hockey, soccer, broomball, and tennis. City of Golden Valley Monthly Budget Report-General Fund Revenues December, 2014 Percentage Of Year Completed 100.00% Over % 2014 November YTD (Under) of Budget Type Budget Actual Actual Budget Received Ad Valorem Taxes $12,358,005 6,004,304 12,431,386 $73,381 100.59% (1) Licenses 210,785 8,475 268,671 $57,886 127.46% (2) Permits 809,500 54,196 1,210,632 $401,132 149.55% (3) Federal Grants 0 5,691 31,589 $31,589 State Aid 255,390 111,250 252,909 ($2,481) 99.03% Hennepin County Aid 31,205 0 31,758 $553 Charges For Services: General Government 45,050 409 49,787 $4,737 110.51% Public Safety 163,870 14,792 166,032 $2,162 101.32% Public Works 141,000 25,611 168,169 $27,169 119.27% (4) Park& Rec 525,270 25,706 382,520 ($142,750) 72.82% (5) Other Funds 981,500 63,088 903,459 ($78,041) 92.05% Fines& Forfeitures 320,000 44,904 310,318 ($9,682) 96.97% Interest On Investments 100,000 67,758 67,758 ($32,242) 67.76% Miscellaneous Revenue 227,200 66,610 251,977 $24,777 110.91% Transfers In 100,000 8,333 100,000 $0 100.00% TOTAL Revenue $16,268,775 $6,501,127 $16,626,965 $358,190 102.20% Notes: (1) Delinquent Tax payment were made. (2)Apratment Licenses increase due to Arcata Building. (3) Permits increased due to many development projects. (4) Tennis progam was changed after budget was approved. (5) Tennis lesson revenue is contractual versus lesson revenue.