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February 2017 Conservation/Recycling FundOver 2017 February YTD (Under)% Budget Actual Actual Budget Current Revenue Hennepin County Recycling Grant 56,770 0 0 (56,770)0.00% Recycling Charges 373,950 33,953 34,000 (339,950)9.09%(2) Miscellaneous Revenues 6,000 0 0 (6,000) Interest on Investments 4,000 0 0 (4,000)0.00%(1) Total Revenue 440,720 33,953 34,000 (406,720)7.71% Expenses: Recycling 466,795 23,604 27,896 (438,899)5.98%(3) Total Expenses 466,795 23,604 27,896 (438,899)5.98% (1) Interest Earnings are allocated at year-end. (2) January Services are all booked to Dec 2016 for January(2/3)/February (1/3). (3) Republic Services are billed thru January. City of Golden Valley Monthly Budget Report - Conservation/Recycling Enterprise Fund February 2017 (unaudited)