May 2018 General FundOver %
2018 May YTD (Under)Of Budget
Budget Actual Actual Budget Expend.
001 Council $350,935 22,798 129,063 ($221,872)36.78%
003 City Manager 813,410 63,147 315,003 (498,407)38.73%
004 Transfers Out 1,982,580 0 882,580 (1,100,000)44.52%(1)
005 Admin. Services 1,986,970 121,831 719,527 (1,267,443)36.21%
006 Legal 158,100 23,630 85,909 (72,191)54.34%(2)
007 Risk Management 310,000 0 1,000 (309,000)0.32%
011 General Gov't. Bldgs.732,680 39,987 271,393 (461,287)37.04%
016 Planning 409,655 22,846 126,308 (283,347)30.83%
018 Inspections 811,280 55,612 289,264 (522,016)35.66%
022 Police 6,204,575 444,291 2,224,090 (3,980,485)35.85%
023 Fire 1,496,150 93,014 552,707 (943,443)36.94%
035 Physical Dev Admin 309,505 25,196 123,626 (185,879)39.94%
036 Engineering 776,095 60,663 270,230 (505,865)34.82%
037 Streets 1,790,925 87,824 653,616 (1,137,309)36.50%
066 Park & Rec. Admin.737,210 52,731 274,725 (462,485)37.27%
067 Park Maintenance 1,215,945 103,386 427,511 (788,434)35.16%
068 Recreation Programs 445,385 22,838 121,849 (323,536)27.36%
TOTAL Expenditures $20,531,400 $1,239,794 $7,468,401 ($13,062,999)36.38%
(1) Tranfers will be made in June, 2018 except for Equipment Transfer of $882,580.
(2) Legal services are billed thru April.
City of Golden Valley
Monthly Budget Report - General Fund Expenditures
Mayl, 2018 (unaudited)
Division
42.00%
Over %
2018 May YTD (Under)of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $17,253,460 8,759 8,759 ($17,244,701)0.05%(1)
Licenses 220,980 83,205 167,710 ($53,270)75.89%
Permits 929,785 159,145 602,820 ($326,965)64.83%
State Aid 52,375 2,400 2,400 ($49,975)4.58%(2)
County Aid 0 1,116
Charges For Services:
General Government 25,250 1,901 7,132 ($18,118)28.25%
Public Safety 160,900 15,419 97,860 ($63,040)60.82%
Public Works 163,600 17,194 64,557 ($99,043)39.46%
Park & Rec 415,550 34,914 128,167 ($287,383)30.84%
Other Funds 691,500 57,126 283,295 ($408,205)40.97%
Fines & Forfeitures 320,000 30,761 126,958 ($193,042)39.67%(3)
Interest On Investments 75,000 0 0 ($75,000)0.00%(4)
Miscellaneous Revenue 193,000 19,956 84,769 ($108,231)43.92%
Transfers In 30,000 2,500 12,500 ($17,500)41.67%(5)
TOTAL Revenue $20,531,400 $433,280 $1,588,043 ($18,944,473)7.73%
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 April 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
May 2018 (unaudited)