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July 2016 Conservation/Recycling FundOver 2016 July YTD (Under)% Budget Actual Actual Budget Current Revenue Hennepin County Recycling Grant 56,770 0 30,614 (26,156)53.93% Recycling Charges 373,950 33,982 184,700 (189,250)49.39% Miscellaneous Revenues 6,000 0 0 (6,000) Interest on Investments 4,000 0 0 (4,000)0.00%(1) Total Revenue 440,720 33,982 215,314 (225,406)48.86% Expenses: Recycling 462,730 34,853 214,442 (248,288)46.34%(2) Total Expenses 462,730 34,853 214,442 (248,288)46.34% (1) Interest Earnings are allocated at year-end. (2) Republic Services are billed thru June. City of Golden Valley Monthly Budget Report - Conservation/Recycling Enterprise Fund July 2016 (unaudited)