July 2018 General FundOver %
2018 July YTD (Under)Of Budget
Budget Actual Actual Budget Expend.
001 Council $370,935 23,815 197,558 ($173,377)53.26%(3)
003 City Manager 813,410 50,649 412,107 (401,303)50.66%
004 Transfers Out 1,982,580 0 1,982,580 0 100.00%(1)
005 Admin. Services 1,986,970 121,975 950,648 (1,036,322)47.84%
006 Legal 158,100 11,215 120,240 (37,860)76.05%(2)
007 Risk Management 310,000 65,750 198,253 (111,747)63.95%
011 General Gov't. Bldgs.732,680 38,764 348,048 (384,632)47.50%
016 Planning 409,655 18,197 173,747 (235,908)42.41%
018 Inspections 811,280 50,161 400,323 (410,957)49.34%(4)
022 Police 6,204,575 409,164 3,077,815 (3,126,760)49.61%
023 Fire 1,561,150 82,393 769,177 (791,973)49.27%(3)
035 Physical Dev Admin 309,505 22,417 167,258 (142,247)54.04%
036 Engineering 776,095 51,127 374,636 (401,459)48.27%
037 Streets 1,790,925 96,322 837,641 (953,284)46.77%
066 Park & Rec. Admin.737,210 58,111 386,226 (350,984)52.39%
067 Park Maintenance 1,215,945 86,448 651,375 (564,570)53.57%
068 Recreation Programs 445,385 44,321 204,976 (240,409)46.02%
TOTAL Expenditures $20,616,400 $1,230,829 $11,252,608 ($9,363,792)54.58%
(1) Transfers were made in June, 2018 except for Equipment Transfer of $882,580.
(2) Legal services are billed thru June. 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
July, 2018 (unaudited)
Division
50.00%
Over %
2018 July YTD (Under)of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $17,253,460 9,497,362 9,506,121 ($7,747,339)55.10%(1)
Licenses 220,980 3,360 189,410 ($31,570)85.71%
Permits 929,785 95,709 956,660 $26,875 102.89%
State Aid 52,375 19,471 31,754 ($20,621)60.63%(2)
County Aid 204 1,319 $1,319
Charges For Services:
General Government 25,250 10,504 23,863 ($1,387)94.51%
Public Safety 160,900 6,034 103,260 ($57,640)64.18%
Public Works 163,600 14,080 103,141 ($60,459)63.04%
Park & Rec 415,550 39,339 212,701 ($202,849)51.19%
Other Funds 691,500 58,003 410,952 ($280,548)59.43%
Fines & Forfeitures 320,000 32,466 196,941 ($123,059)61.54%(3)
Interest On Investments 75,000 0 0 ($75,000)0.00%(4)
Miscellaneous Revenue 193,000 27,461 170,294 ($22,706)88.24%
Transfers In 30,000 2,500 17,500 ($12,500)58.33%(5)
TOTAL Revenue $20,531,400 $9,806,493 $11,923,916 ($8,607,484)58.08%
Notes:
(1) Payments are received in July, December, and January (delinquencies).
The first payment for taxes included some payments in full.
(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 June 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
July 2018 (unaudited)