November 2017 Conservation/Recycling FundOver
2017 November 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 33,927 326,322 (56,198)85.31%(2)
Miscellaneous Revenues 8,000 0 9,521 1,521
Interest on Investments 4,000 0 0 (4,000)0.00%(1)
Total Revenue 455,750 33,927 392,080 (63,670)86.03%
Expenses:
Recycling 466,795 21,876 315,606 (151,189)67.61%(3)
Total Expenses 466,795 21,876 315,606 (151,189)67.61%
(1) Interest Earnings are allocated at year-end.
(2) Includes utility billings thru November 2017.
(3) Republic Services are billed thru October and are receiving rebates again.
(4) Grant reduced due to no compost program.
City of Golden Valley
Monthly Budget Report - Conservation/Recycling Enterprise Fund
November 2017 (unaudited)