April 2018 Conservation/Recycling FundOver
2018 April 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 34,558 98,074 (284,446)25.64%(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 34,558 98,074 (339,321)22.42%
Expenses:
Recycling 461,605 24,478 76,916 (384,689)16.66%(3)
Total Expenses 461,605 24,478 76,916 (384,689)16.66%
(1) Interest Earnings are allocated at year-end.
(2) Includes utility billings thru April 2018.
(3) This includes the recycling services thru March 2018.
(4) Grant reduced due to no compost program.
Further information about projects and financing are located in the 2018-2022 CIP and 2018-2019 Budget.
City of Golden Valley
Monthly Budget Report - Conservation/Recycling Enterprise Fund
April 2018 (unaudited)