June 2018 Conservation/Recycling FundOver
2018 June 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 29,603 161,277 (221,243)42.16%(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 29,603 161,277 (276,118)36.87%
Expenses:
Recycling 461,605 24,010 197,790 (263,815)42.85%(3)
Total Expenses 461,605 24,010 197,790 (263,815)42.85%
(1) Interest Earnings are allocated at year-end.
(2) Includes utility billings thru June 2018.
(3) This includes the recycling services thru May2018.
(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
June 2018 (unaudited)