March 2018 Conservation/Recycling FundOver
2018 March 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 29,483 63,445 (319,075)16.59%(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 29,483 63,445 (373,950)14.51%
Expenses:
Recycling 461,605 43,854 52,438 (409,167)11.36%(3)
Total Expenses 461,605 43,854 52,438 (409,167)11.36%
(1) Interest Earnings are allocated at year-end.
(2) Includes utility billings thru February 2018.
(3) This includes the recycling services thru Feb 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
March 2018 (unaudited)