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January 2016 Conservation/Recycling FundOver 2016 January YTD (Under)% Budget Actual Actual Budget Current Revenue Hennepin County Recycling Grant 56,770 0 0 (56,770)0.00% Recycling Charges 373,950 52 52 (373,898)0.01%(2) Miscellaneous Revenues 6,000 0 0 (6,000) Interest on Investments 4,000 0 0 (4,000)0.00%(1) Total Revenue 440,720 52 52 (440,668)0.01% Expenses: Recycling 451,460 4,292 4,292 (447,168)0.95%(3) Total Expenses 451,460 4,292 4,292 (447,168)0.95% (1) Interest Earnings are allocated at year-end. (2) January Services are all booked to Dec 2014 for January(2/3)/February (1/3). (3) Republic Services are billed in Feb for Jan. City of Golden Valley Monthly Budget Report - Conservation/Recycling Enterprise Fund January 2016 (unaudited)