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June 2017 Conservation/Recycling FundOver 2017 June YTD (Under)% Budget Actual Actual Budget Current Revenue Hennepin County Recycling Grant 61,230 0 0 (61,230)0.00% Recycling Charges 382,520 20,386 160,881 (221,639)42.06%(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 20,386 160,881 (294,869)35.30% Expenses: Recycling 466,795 20,496 187,939 (278,856)40.26%(3) Total Expenses 466,795 20,496 187,939 (278,856)40.26% (1) Interest Earnings are allocated at year-end. (2) Includes utility billings thru June 2017. (3) Republic Services are billed thru May. City of Golden Valley Monthly Budget Report - Conservation/Recycling Enterprise Fund June 2017 (unaudited)