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July 2015 Conservation-Recycling Fund City of Golden Valley Monthly Budget Report-Conservation/Recycling Enterprise Fund July 2015 (unaudited) Over 2015 July YTD (Under) Budget Actual Actual Budget Current Revenue Hennepin County Recycling Grant 56,770 0 32,369 (24,401) 57.02% Recycling Charges 332,875 29,148 165,918 (166,957) 49.84% Miscellaneous Revenues 3,000 0 0 (3,000) Interest on Investments 9,000 0 0 (9,000) 0.00% (1) Total Revenue 401,645 29,148 198,287 (203,358) 49.37% Expenses: Recycling 451,460 34,098 213,194 (238,266) 47.22% (2) Total Expenses 451,460 34,098 213,194 (238,266) 47.22% (1) Interest Earnings are allocated at year-end. (2) Republic Services are billed through June. Rebate YTD-$578.28