April 2016 General Fund City of Golden Valley
Monthly Budget Report-General Fund Revenues
April 2016 (unaudited)
Percentage Of Year Completed 33.00%
Over %
2016 April YTD (Under) of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $14,278,810 8,648 8,648 ($14,270,162) 0.06% (1)
Licenses 217,515 79,605 122,385 ($95,130) 56.27%
Permits 840,125 97,433 526,368 ($313,757) 62.65%
Federal Grants 0 2,934 4,069 $4,069
State Aid 268,380 599 1,211 ($267,169) 0.45% (2)
Hennepin County Aid 0 0 0 $0
Charges For Services:
General Government 19,000 1,492 9,623 ($9,377) 50.65%
Public Safety 150,665 15,257 83,821 ($66,844) 55.63%
Public Works 145,800 15,297 45,604 ($100,196) 31.28%
Park& Rec 395,100 17,745 71,939 ($323,161) 18.21%
Other Funds 791,500 54,750 219,411 ($572,089) 27.72%
Fines & Forfeitures 320,425 21,614 76,181 ($244,244) 23.77% (3)
Interest On Investments 100,000 0 0 ($100,000) 0.00% (4)
Miscellaneous Revenue 233,000 17,985 71,904 ($161,096) 30.86%
Transfers In 30,000 2,500 10,000 ($20,000) 33.33% (5)
TOTAL Revenue $17,790,320 $335,859 $1,251,164 ($16,539,156) 7.03%
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) Fines/Forfeitures are thru for March 2016.
(4) Investment income is allocated at year end.
(5)Transfers are monthly.
City of Golden Valley
Monthly Budget Report-General Fund Expenditures
April, 2016 (unaudited)
Over %
2016 April YTD (Under) Of Budget
Division Budget Actual Actual Budget Expend.
001 Council $322,960 34,739 90,203 ($232,757) 27.93%
003 City Manager 798,260 55,454 208,811 (589,449) 26.16%
004 Transfers Out 725,000 0 0 (725,000) 0.00% (1)
005 Admin. Services 1,869,995 115,686 460,153 (1,409,842) 24.61%
006 Legal 150,000 4,352 34,766 (115,234) 23.18% (2)
007 Risk Management 305,000 113,412 114,808 (190,192) 37.64%
011 General Gov't. Bldgs. 532,790 44,533 141,185 (391,605) 26.50%
016 Planning 353,800 21,796 87,677 (266,123) 24.78%
018 Inspections 777,690 53,851 197,182 (580,508) 25.35%
022 Police 5,671,180 403,041 1,498,682 (4,172,498) 26.43%
023 Fire 1,290,210 85,586 374,962 (915,248) 29.06%
035 Physical Dev Admin 298,755 20,697 80,824 (217,931) 27.05%
036 Engineering 783,470 56,592 185,856 (597,614) 23.72%
037 Streets 1,611,865 98,005 383,582 (1,228,283) 23.80%
065 Community Center 81,095 10,125 28,752 (52,343) 35.45%
066 Park& Rec. Admin. 705,660 38,731 193,994 (511,666) 27.49%
067 Park Maintenance 1,137,895 97,795 287,906 (849,989) 25.30%
068 Recreation Programs 374,995 9,526 70,895 (304,100) 18.91%
TOTAL Expenditures $17,790,620 $1,263,921 $4,440,238 ($13,350,382) 24.96%
(1)This transfer will be made in June, 2015.
(2) Legal services are billed thru March.