July 2015 General Fund City of Golden Valley
Monthly Budget Report-General Fund Expenditures
July, 2015 (unaudited)
Over %
2015 July YTD (Under) Of Budget
Division Budget Actual Actual Budget Expend.
001 Council $330,450 34,451 213,206 ($117,244) 64.52%
003 City Manager 774,940 54,566 391,474 (383,466) 50.52%
004 Transfers Out 475,000 0 475,000 0 100.00% (1)
005 Admin. Services 1,726,920 368,132 1,043,400 (683,520) 60.42%
006 Legal 139,050 10,852 59,741 (79,309) 42.96% (2)
007 Risk Management 300,000 58,529 182,306 (117,694) 60.77%
011 General Gov't. Bldgs. 560,590 42,741 273,555 (287,035) 48.80%
016 Planning 303,780 21,405 151,146 (152,634) 49.76%
018 Inspections 704,575 50,667 354,647 (349,928) 50.33%
022 Police 5,568,860 379,171 2,750,537 (2,818,323) 49.39%
023 Fire 1,255,045 116,423 685,382 (569,663) 54.61%
035 Physical Dev Admin 285,180 20,452 143,149 (142,031) 50.20%
036 Engineering 759,890 82,660 356,159 (403,731) 46.87%
037 Streets 1,473,370 95,843 652,048 (821,322) 44.26%
065 Community Center 75,615 4,070 34,350 (41,265) 45.43%
066 Park& Rec. Admin. 698,640 52,633 383,433 (315,207) 54.88%
067 Park Maintenance 1,095,740 88,970 601,265 (494,475) 54.87%
068 Recreation Programs 374,490 36,226 168,786 (205,704) 45.07%
TOTAL Expenditures $16,902,135 $1,517,791 $8,919,584 ($7,982,551) 52.77%
(1)This transfer was made in June, 2015.
(2) Legal services are through June.
City of Golden Valley
Monthly Budget Report-General Fund Revenues
July 2015(unaudited)
Percentage Of Year Completed 58.00%
Over %
2015 July YTD (Under) of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $13,266,155 6,841,604 6,850,281 ($6,415,874) 51.64% (1)
Licenses 221,565 7,960 205,743 ($15,822) 92.86%
Permits 800,000 97,717 669,709 ($130,291) 83.71%
Federal Grants 0 1,150 3,253 $3,253
State Aid 261,600 120,826 135,886 ($125,714) 51.94% (2)
Hennepin County Aid 31,205 6,205 31,205 $0 (3)
Charges For Services:
General Government 19,065 17,594 27,708 $8,643 145.33%
Public Safety 176,120 7,709 102,980 ($73,140) 58.47%
Public Works 141,000 13,017 88,891 ($52,109) 63.04%
Park& Rec 396,300 47,059 213,753 ($182,547) 53.94%
Other Funds 841,500 120,609 466,556 ($374,944) 55.44%
Fines & Forfeitures 320,425 27,823 164,228 ($156,197) 51.25% (4)
Interest On Investments 100,000 0 0 ($100,000) 0.00% (5)
Miscellaneous Revenue 227,200 19,749 121,720 ($105,480) 53.57%
Transfers In 100,000 8,333 58,333 ($41,667) 58.33% (6)
TOTAL Revenue $16,902,135 $7,337,355 $9,140,246 ($7,761,889) 54.08%
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 May 2015.
(5) Investment income is allocated at year end.
(6)Transfers are monthly.