July 2016 General FundOver %
2016 July YTD (Under)Of Budget
Budget Actual Actual Budget Expend.
001 Council $322,960 40,131 205,015 ($117,945) 63.48%
003 City Manager 798,260 58,765 416,923 (381,337) 52.23%
004 Transfers Out 725,000 0 725,000 0 100.00% (1)
005 Admin. Services 1,869,995 109,016 1,068,879 (801,116) 57.16%
006 Legal 150,000 12,250 71,298 (78,702) 47.53% (2)
007 Risk Management 305,000 59,706 174,519 (130,481) 57.22%
011 General Gov't. Bldgs.532,790 40,034 291,908 (240,882) 54.79%
016 Planning 353,800 19,407 171,399 (182,401) 48.45%
018 Inspections 777,690 53,381 387,188 (390,502) 49.79%
022 Police 5,671,180 375,652 2,926,917 (2,744,263) 51.61%
023 Fire 1,290,210 107,933 700,810 (589,400) 54.32%
035 Physical Dev Admin 298,755 21,447 157,371 (141,384) 52.68%
036 Engineering 783,470 55,096 379,755 (403,715) 48.47%
037 Streets 1,611,865 99,249 717,394 (894,471) 44.51%
065 Community Center 81,095 4,184 44,689 (36,406) 55.11%
066 Park & Rec. Admin.705,660 49,027 364,344 (341,316) 51.63%
067 Park Maintenance 1,137,895 87,116 625,286 (512,609) 54.95%
068 Recreation Programs 374,995 39,237 177,254 (197,741) 47.27%
TOTAL Expenditures $17,790,620 $1,231,631 $9,605,949 ($8,184,671)53.99%
(1) This transfer was made in June, 2015.
(2) Legal services are billed thru June.
City of Golden Valley
Monthly Budget Report - General Fund Expenditures
July, 2016 (unaudited)
Division
58.33%
Over %
2016 July YTD (Under)of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $14,278,810 7,353,437 7,362,086 ($6,916,724)51.56% (1)
Licenses 217,515 4,510 215,460 ($2,055)99.06%
Permits 840,125 118,069 1,087,599 $247,474 129.46%
Federal Grants 0 0 4,069 $4,069
State Aid 268,380 126,822 137,558 ($130,822)51.25% (2)
Hennepin County Aid 0 3,435 $3,435
Charges For Services:
General Government 19,000 19,121 31,577 $12,577 166.19%
Public Safety 150,665 10,621 122,382 ($28,283)81.23%
Public Works 145,800 16,663 101,311 ($44,489)69.49%
Park & Rec 395,100 38,524 197,396 ($197,704)49.96%
Other Funds 791,500 108,833 445,279 ($346,221)56.26%
Fines & Forfeitures 320,425 23,922 135,314 ($185,111)42.23% (3)
Interest On Investments 100,000 0 0 ($100,000)0.00% (4)
Miscellaneous Revenue 233,000 22,637 126,732 ($106,268)54.39%
Transfers In 30,000 2,500 17,500 ($12,500)58.33% (5)
TOTAL Revenue $17,790,320 $7,845,659 $9,987,698 ($7,802,622)56.14%
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 May 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
July 2016 (unaudited)