February 2018 Conservation/Recycling FundOver
2018 February YTD (Under)%
Budget Actual Actual Budget Current
Revenue
Hennepin County Recycling Grant 42,875 0 0 (42,875)0.00%(4)
Recycling Charges 382,520 33,944 33,961 (348,559)8.88%(2)
Miscellaneous Revenues 8,000 0 0 (8,000)
Interest on Investments 4,000 0 0 (4,000)0.00%(1)
Total Revenue 437,395 33,944 33,961 (403,434)7.76%
Expenses:
Recycling 461,605 4,291 8,583 (453,022)1.86%(3)
Total Expenses 461,605 4,291 8,583 (453,022)1.86%
(1) Interest Earnings are allocated at year-end.
(2) Includes utility billings thru February 2018.
(3) This amount is for monthly transfers.
(4) Grant reduced due to no compost program.
City of Golden Valley
Monthly Budget Report - Conservation/Recycling Enterprise Fund
February 2018 (unaudited)