May 2016 General Fund42.00%
Over %
2016 May YTD (Under)of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $14,278,810 0 8,648 ($14,270,162)0.06% (1)
Licenses 217,515 66,750 189,135 ($28,380)86.95%
Permits 840,125 92,942 619,311 ($220,814)73.72%
Federal Grants 0 0 4,069 $4,069
State Aid 268,380 0 1,211 ($267,169)0.45% (2)
Hennepin County Aid 0 3,435 3,435 $3,435
Charges For Services:
General Government 19,000 2,918 12,541 ($6,459)66.01%
Public Safety 150,665 17,334 101,155 ($49,510)67.14%
Public Works 145,800 18,997 64,601 ($81,199)44.31%
Park & Rec 395,100 49,923 121,863 ($273,237)30.84%
Other Funds 791,500 55,708 275,118 ($516,382)34.76%
Fines & Forfeitures 320,425 17,409 93,591 ($226,834)29.21% (3)
Interest On Investments 100,000 0 0 ($100,000)0.00% (4)
Miscellaneous Revenue 233,000 15,987 87,889 ($145,111)37.72%
Transfers In 30,000 2,500 12,500 ($17,500)41.67% (5)
TOTAL Revenue $17,790,320 $343,903 $1,595,067 ($16,195,253)8.97%
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 April 2016.
(4) Investment income is allocated at year end.
(5)Transfers are monthly.
Percentage Of Year Completed
City of Golden Valley
Monthly Budget Report - General Fund Revenues
May 2016 (unaudited)
Over %
2016 May YTD (Under)Of Budget
Budget Actual Actual Budget Expend.
001 Council $322,960 32,249 124,102 ($198,858) 38.43%
003 City Manager 798,260 94,212 303,023 (495,237) 37.96%
004 Transfers Out 725,000 0 0 (725,000)0.00% (1)
005 Admin. Services 1,869,995 155,494 615,646 (1,254,349) 32.92%
006 Legal 150,000 11,168 55,935 (94,065) 37.29% (2)
007 Risk Management 305,000 400 114,812 (190,188) 37.64%
011 General Gov't. Bldgs.532,790 54,625 195,810 (336,980) 36.75%
016 Planning 353,800 38,809 126,486 (227,314) 35.75%
018 Inspections 777,690 83,335 280,517 (497,173) 36.07%
022 Police 5,671,180 597,881 2,094,913 (3,576,267) 36.94%
023 Fire 1,290,210 126,026 500,988 (789,222) 38.83%
035 Physical Dev Admin 298,755 35,679 116,503 (182,252) 39.00%
036 Engineering 783,470 88,772 274,628 (508,842) 35.05%
037 Streets 1,611,865 100,670 484,252 (1,127,613) 30.04%
065 Community Center 81,095 7,742 36,495 (44,600) 45.00%
066 Park & Rec. Admin.705,660 66,003 259,997 (445,663) 36.84%
067 Park Maintenance 1,137,895 112,961 400,867 (737,028) 35.23%
068 Recreation Programs 374,995 32,242 103,136 (271,859) 27.50%
TOTAL Expenditures $17,790,620 $1,638,268 $6,088,110 ($11,702,510)34.22%
(1) This transfer will be made in June, 2015.
(2) Legal services are billed thru April.
City of Golden Valley
Monthly Budget Report - General Fund Expenditures
May, 2016 (unaudited)
Division