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May 2017 Conservation/Recycling FundOver 2017 May YTD (Under)% Budget Actual Actual Budget Current Revenue Hennepin County Recycling Grant 61,230 0 0 (61,230)0.00% Recycling Charges 382,520 34,085 131,495 (251,025)34.38%(2) Miscellaneous Revenues 8,000 0 0 (8,000) Interest on Investments 4,000 0 0 (4,000)0.00%(1) Total Revenue 455,750 34,085 131,495 (324,255)28.85% Expenses: Recycling 466,795 92,804 167,442 (299,353)35.87%(3) Total Expenses 466,795 92,804 167,442 (299,353)35.87% (1) Interest Earnings are allocated at year-end. (2) Includes utility billings thru May 2017. (3) Republic Services are billed thru April. City of Golden Valley Monthly Budget Report - Conservation/Recycling Enterprise Fund May 2017 (unaudited)