June 2018 General Fund50.00%
Over %
2018 June YTD (Under)of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $17,253,460 0 8,759 ($17,244,701)0.05%(1)
Licenses 220,980 18,340 186,050 ($34,930)84.19%
Permits 929,785 258,132 860,952 ($68,833)92.60%
State Aid 52,375 6,013 8,414 ($43,961)16.06%(2)
County Aid 0 1,116
Charges For Services:
General Government 25,250 227 7,359 ($17,891)29.14%
Public Safety 160,900 49,365 147,225 ($13,675)91.50%
Public Works 163,600 24,504 89,061 ($74,539)54.44%
Park & Rec 415,550 45,194 173,362 ($242,188)41.72%
Other Funds 691,500 69,654 352,949 ($338,551)51.04%
Fines & Forfeitures 320,000 37,517 164,475 ($155,525)51.40%(3)
Interest On Investments 75,000 0 0 ($75,000)0.00%(4)
Miscellaneous Revenue 193,000 17,934 102,700 ($90,300)53.21%
Transfers In 30,000 2,500 15,000 ($15,000)50.00%(5)
TOTAL Revenue $20,531,400 $529,380 $2,117,422 ($18,415,094)10.31%
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 May 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
June 2018 (unaudited)
Over %
2018 June YTD (Under)Of Budget
Budget Actual Actual Budget Expend.
001 Council $370,935 37,092 173,743 ($197,192)46.84%(3)
003 City Manager 813,410 54,675 361,831 (451,579)44.48%
004 Transfers Out 1,982,580 1,100,000 1,982,580 0 100.00%(1)
005 Admin. Services 1,986,970 109,828 828,673 (1,158,297)41.71%
006 Legal 158,100 24,088 109,025 (49,075)68.96%(2)
007 Risk Management 310,000 131,503 132,500 (177,500)42.74%
011 General Gov't. Bldgs.732,680 37,891 309,284 (423,396)42.21%
016 Planning 409,655 24,243 155,550 (254,105)37.97%
018 Inspections 811,280 60,638 350,162 (461,118)43.16%(4)
022 Police 6,204,575 444,561 2,668,651 (3,535,924)43.01%
023 Fire 1,561,150 133,973 686,681 (874,469)43.99%(3)
035 Physical Dev Admin 309,505 21,215 144,841 (164,664)46.80%
036 Engineering 776,095 53,279 323,509 (452,586)41.68%
037 Streets 1,790,925 87,703 741,319 (1,049,606)41.39%
066 Park & Rec. Admin.737,210 53,389 328,115 (409,095)44.51%
067 Park Maintenance 1,215,945 137,417 564,927 (651,018)46.46%
068 Recreation Programs 445,385 38,805 160,655 (284,730)36.07%
TOTAL Expenditures $20,616,400 $2,550,300 $10,022,046 ($10,594,354)48.61%
(1) Transfers were made in June, 2018 except for Equipment Transfer of $882,580.
(2) Legal services are billed thru May. Staff Attorney started 7-16.
(3) 2017 Fund Balance Assigned -$65,,000 Fire ;$20,000 Council April 17, 2018
(4) 2018 Fund Balance Amended -$42,,000 Inspections Council April 3, 2018
City of Golden Valley
Monthly Budget Report - General Fund Expenditures
June, 2018 (unaudited)
Division