October 2017 Conservation/Recycling FundOver
2017 October YTD (Under)%
Budget Actual Actual Budget Current
Revenue
Hennepin County Recycling Grant 61,230 0 56,237 (4,993)91.85%(4)
Recycling Charges 382,520 33,987 292,409 (90,111)76.44%(2)
Miscellaneous Revenues 8,000 9,521 9,521 1,521
Interest on Investments 4,000 0 0 (4,000)0.00%(1)
Total Revenue 455,750 43,508 358,167 (97,583)78.59%
Expenses:
Recycling 466,795 38,976 293,730 (173,065)62.92%(3)
Total Expenses 466,795 38,976 293,730 (173,065)62.92%
(1) Interest Earnings are allocated at year-end.
(2) Includes utility billings thru October 2017.
(3) Republic Services are billed thru September and are receiving rebates again.
(4) Grant reduced due to no compost program.
City of Golden Valley
Monthly Budget Report - Conservation/Recycling Enterprise Fund
October 2017 (unaudited)