November 2016 General Fund92.00%
Over %
2016 November YTD (Under)of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $14,278,810 0 7,372,465 ($6,906,345)51.63%(1)
Licenses 217,515 12,605 250,285 $32,770 115.07%
Permits 1,126,375 67,523 1,554,769 $428,394 138.03%
Federal Grants 0 0 13,112 $13,112
State Aid 268,380 0 148,839 ($119,541)55.46%(2)
Hennepin County Aid 0 0 3,435 $3,435
Charges For Services:
General Government 19,000 193 32,653 $13,653 171.86%
Public Safety 150,665 3,228 157,301 $6,636 104.40%
Public Works 145,800 9,898 162,073 $16,273 111.16%
Park & Rec 395,100 29,434 356,300 ($38,800)90.18%
Other Funds 791,500 69,204 718,759 ($72,741)90.81%
Fines & Forfeitures 320,425 22,828 226,740 ($93,685)70.76%(3)
Interest On Investments 100,000 0 0 ($100,000)0.00%(4)
Miscellaneous Revenue 233,000 15,685 191,932 ($41,068)82.37%
Transfers In 30,000 2,500 27,500 ($2,500)91.67%(5)
TOTAL Revenue $18,076,570 $233,098 $11,216,163 ($6,860,407)62.05%
Notes:
(1) Payments are received in July, December, and January (delinquencies).
(2) Police Training was paid in August. Safe and Sober is billed on time spent.Last half of Local Govt Aid will be made in Dec,
(3) Fines/Forfeitures are thru October 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
November 2016 (unaudited)
Over %
2016 November YTD (Under)Of Budget
Budget Actual Actual Budget Expend.
001 Council $322,960 23,639 306,876 ($16,084) 95.02%
003 City Manager 798,260 57,233 666,982 (131,278) 83.55%
004 Transfers Out 1,010,950 285,950 1,010,950 0 100.00% (1)
005 Admin. Services 1,869,995 132,847 1,609,811 (260,184) 86.09%
006 Legal 150,000 24,552 134,711 (15,289) 89.81% (2)
007 Risk Management 305,000 350 265,732 (39,268) 87.13%
011 General Gov't. Bldgs.532,790 35,513 442,588 (90,202) 83.07%
016 Planning 353,800 21,570 287,757 (66,043) 81.33%
018 Inspections 777,690 50,659 640,542 (137,148) 82.36%
022 Police 5,671,180 375,084 4,634,442 (1,036,738) 81.72%
023 Fire 1,290,210 87,405 1,109,815 (180,395) 86.02%
035 Physical Dev Admin 298,755 19,227 254,885 (43,870) 85.32%
036 Engineering 783,470 50,118 599,861 (183,609) 76.56%
037 Streets 1,611,865 95,790 1,254,615 (357,250) 77.84%
065 Community Center 81,095 5,328 64,908 (16,187) 80.04%
066 Park & Rec. Admin.705,660 38,450 596,268 (109,392) 84.50%
067 Park Maintenance 1,137,895 76,947 993,657 (144,238) 87.32%
068 Recreation Programs 374,995 32,916 282,894 (92,101) 75.44%
TOTAL Expenditures $18,076,570 $1,413,578 $15,157,294 ($2,919,276)83.85%
(1) This transfer was made in June, 2015. Two amendments to the budget were also approved.
(2) Legal services are billed thru October.
City of Golden Valley
Monthly Budget Report - General Fund Expenditures
November, 2016 (unaudited)
Division