February 2018 General FundOver %
2018 February YTD (Under)Of Budget
Budget Actual Actual Budget Expend.
001 Council $350,935 31,938 47,291 ($303,644)13.48%
003 City Manager 813,410 56,601 109,028 (704,382)13.40%
004 Transfers Out 1,982,580 0 882,580 (1,100,000)44.52%(1)
005 Admin. Services 1,986,970 92,410 211,465 (1,775,505)10.64%
006 Legal 158,100 22,072 22,072 (136,028)13.96%(2)
007 Risk Management 310,000 1,000 1,000 (309,000)0.32%
011 General Gov't. Bldgs.732,680 65,376 91,979 (640,701)12.55%
016 Planning 409,655 25,263 41,631 (368,024)10.16%
018 Inspections 769,280 54,644 90,016 (679,264)11.70%
022 Police 6,204,575 418,453 739,282 (5,465,293)11.92%
023 Fire 1,496,150 89,301 243,343 (1,252,807)16.26%
035 Physical Dev Admin 309,505 24,772 40,798 (268,707)13.18%
036 Engineering 776,095 54,626 79,252 (696,843)10.21%
037 Streets 1,790,925 130,350 233,191 (1,557,734)13.02%
066 Park & Rec. Admin.737,210 57,915 94,213 (642,997)12.78%
067 Park Maintenance 1,215,945 74,270 126,892 (1,089,053)10.44%
068 Recreation Programs 445,385 31,939 51,569 (393,816)11.58%
TOTAL Expenditures $20,489,400 $1,230,930 $3,105,602 ($17,383,798)15.16%
(1) Tranfers will be made in June, 2018 except for Equipment Transfer of $882,580.
(2) Legal services are billed thru January.
City of Golden Valley
Monthly Budget Report - General Fund Expenditures
February, 2018 (unaudited)
Division
16.67%
Over %
2018 February YTD (Under)of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $17,253,460 0 0 ($17,253,460)0.00%(1)
Licenses 220,980 15,716 45,285 ($175,695)20.49%
Permits 887,785 68,783 223,944 ($663,841)25.23%
State Aid 52,375 0 0 ($52,375)0.00%(2)
Charges For Services:
General Government 25,250 452 4,000 ($21,250)15.84%
Public Safety 160,900 28,588 67,258 ($93,642)41.80%
Public Works 163,600 12,341 14,319 ($149,281)8.75%
Park & Rec 415,550 28,725 45,570 ($369,980)10.97%
Other Funds 691,500 60,344 114,802 ($576,698)16.60%
Fines & Forfeitures 320,000 31,251 31,250 ($288,750)9.77%(3)
Interest On Investments 75,000 0 0 ($75,000)0.00%(4)
Miscellaneous Revenue 193,000 15,876 31,520 ($161,480)16.33%
Transfers In 30,000 2,500 5,000 ($25,000)16.67%(5)
TOTAL Revenue $20,489,400 $264,576 $582,948 ($19,906,452)2.85%
Notes:
(1) Payments are received in July, December, and January (delinquencies).
(2) Police Training will be paid in August. Safe and Sober is billed on time spent.
LGA is paid in July, Dec ($37,185 total).
(3) Fines/Forfeitures are thru for January 2018.
(4) Investment income is allocated at year end.
(5)Transfers are monthly.
Percentage Of Year Completed
City of Golden Valley
Monthly Budget Report - General Fund Revenues
February 2018 (unaudited)