September 2018 Conservation/Recycling FundOver
2018 Sept YTD (Under)%
Budget Actual Actual Budget Current
Revenue
Hennepin County Recycling Grant 42,875 47,900 47,900 5,025 111.72%(4)
Recycling Charges 382,520 29,804 259,247 (123,273)67.77%(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 77,704 307,147 (130,248)70.22%
Expenses:
Recycling 461,605 24,639 282,392 (179,213)61.18%(3)
Total Expenses 461,605 24,639 282,392 (179,213)61.18%
(1) Interest Earnings are allocated at year-end.
(2) Includes utility billings thru September 2018.
(3) This includes the recycling services thru August 2018.
(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
September2018 (unaudited)