August 2018 General FundOver %
2018 August YTD (Under)Of Budget
Budget Actual Actual Budget Expend.
001 Council $370,935 19,068 216,625 ($154,310)58.40%(3)
003 City Manager 813,410 58,725 470,832 (342,578)57.88%
004 Transfers Out 1,982,580 0 1,982,580 0 100.00%(1)
005 Admin. Services 1,986,970 133,718 1,084,366 (902,604)54.57%
006 Legal 158,100 16,664 136,904 (21,196)86.59%(2)
007 Risk Management 310,000 1,000 199,253 (110,747)64.28%
011 General Gov't. Bldgs.732,680 55,015 403,063 (329,617)55.01%
016 Planning 409,655 17,941 191,689 (217,966)46.79%
018 Inspections 811,280 69,083 469,944 (341,336)57.93%(4)
022 Police 6,204,575 391,902 3,475,795 (2,728,780)56.02%
023 Fire 1,561,150 86,295 856,482 (704,668)54.86%(3)
035 Physical Dev Admin 309,505 22,452 189,710 (119,795)61.29%
036 Engineering 776,095 55,304 430,215 (345,880)55.43%
037 Streets 1,790,925 253,958 1,095,924 (695,001)61.19%
066 Park & Rec. Admin.737,210 73,837 460,105 (277,105)62.41%
067 Park Maintenance 1,215,945 112,081 768,102 (447,843)63.17%
068 Recreation Programs 445,385 51,751 256,727 (188,658)57.64%
TOTAL Expenditures $20,616,400 $1,418,794 $12,688,316 ($7,928,084)61.54%
(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
August, 2018 (unaudited)
Division
67.00%
Over %
2018 August YTD (Under)of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $17,253,460 5,473 9,511,864 ($7,741,596)55.13%(1)
Licenses 220,980 15,605 205,015 ($15,965)92.78%
Permits 929,785 149,040 1,105,700 $175,915 118.92%
State Aid 52,375 38,167 69,917 $17,542 133.49%(2)
County Aid 0 1,319 $1,319
Charges For Services:
General Government 25,250 63 23,925 ($1,325)94.75%
Public Safety 160,900 10,430 163,690 $2,790 101.73%
Public Works 163,600 17,224 120,364 ($43,236)73.57%
Park & Rec 415,550 72,089 284,790 ($130,760)68.53%
Other Funds 691,500 93,660 504,612 ($186,888)72.97%
Fines & Forfeitures 320,000 25,530 222,471 ($97,529)69.52%(3)
Interest On Investments 75,000 0 0 ($75,000)0.00%(4)
Miscellaneous Revenue 193,000 17,116 137,146 ($55,854)71.06%
Transfers In 30,000 2,500 20,000 ($10,000)66.67%(5)
TOTAL Revenue $20,531,400 $446,897 $12,370,813 ($8,160,587)60.25%
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 July 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
August 2018 (unaudited)