February 2016 Conservation/Recycling Fund City of Golden Valley
Monthly Budget Report-Conservation/Recycling Enterprise Fund
February 2016 (unaudited)
Over
2016 February YTD (Under)
Budget Actual Actual Budget Current
Revenue
Hennepin County Recycling Grant 56,770 0 0 (56,770) 0.00%
Recycling Charges 373,950 28,564 28,619 (345,331) 7.65% (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 28,564 28,619 (412,101) 6.49%
Expenses:
Recycling 451,460 23,257 27,549 (423,911) 6.10% (3)
Total Expenses 451,460 23,257 27,549 (423,911) 6.10%
(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 thru January.