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August 2016 Conservation/Recycling FundOver 2016 August 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 33,383 218,083 (155,867)58.32% Miscellaneous Revenues 6,000 0 0 (6,000) Interest on Investments 4,000 0 0 (4,000)0.00%(1) Total Revenue 440,720 33,383 248,697 (192,023)56.43% Expenses: Recycling 462,730 4,292 218,734 (243,996)47.27%(2) Total Expenses 462,730 4,292 218,734 (243,996)47.27% (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 August 2016 (unaudited)