February 2017 Storm Utility FundOver
2017 February YTD (Under)%
Budget Actual Actual Budget Current
Revenue
Interest Earnings 50,000 0 0 (50,000)0.00%(1)
Storm Sewer Charges 2,375,000 191,637 320,217 (2,054,783)13.48%
Bassett Creek Watershed 0 0 0 0 #DIV/0!
Miscellaneous Receipts 207,775 0 0 (207,775)
State Grant - Other 0 0 0 0
Total Revenue 2,632,775 191,637 320,217 (2,312,558)12.16%
Expenses:
Storm Utility 3,527,930 50,283 198,221 (3,329,709)5.62%(2)
Street Cleaning 128,000 9,969 9,986 (118,014)7.80%
Environmental Control 317,565 15,030 25,145 (292,420)7.92%
Debt Service Payments 0 0 0 0 0.00%(3)
Total Expenses 3,973,495 75,282 233,352 (3,740,143)5.87%
(1) Interest Earnings are allocated at year-end.
(2) Depreciation is allocated at year-end and.
(3) Debt service payments will be reimbursed by TIF.
City of Golden Valley
Monthly Budget Report - Storm Utility Enterprise Fund
February, 2017 (unaudited)