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September 2016 Conservation/RecyclingOver 2016 September YTD (Under)% Budget Actual Actual Budget Current Revenue Hennepin County Recycling Grant 56,770 30,614 61,228 4,458 107.85% Recycling Charges 373,950 29,439 247,522 (126,428)66.19% Miscellaneous Revenues 6,000 0 0 (6,000) Interest on Investments 4,000 0 0 (4,000)0.00%(1) Total Revenue 440,720 60,053 308,750 (131,970)70.06% Expenses: Recycling 462,730 42,703 261,437 (201,293)56.50%(2) Total Expenses 462,730 42,703 261,437 (201,293)56.50% (1) Interest Earnings are allocated at year-end. (2) Republic Services are billed thru August. City of Golden Valley Monthly Budget Report - Conservation/Recycling Enterprise Fund September 2016 (unaudited)