October 2018 Conversation/Recycling FundOver
2018 October YTD (Under)%
Budget Actual Actual Budget Current
Revenue
Hennepin County Recycling Grant 42,875 0 47,900 5,025 111.72%(4)
Recycling Charges 382,520 34,456 293,702 (88,818)76.78%(2)
Miscellaneous Revenues 8,000 10,362 10,362 2,362
Interest on Investments 4,000 0 0 (4,000)0.00%(1)
Total Revenue 437,395 44,818 351,964 (85,431)80.47%
Expenses:
Recycling 461,605 32,267 314,659 (146,946)68.17%(3)
Total Expenses 461,605 32,267 314,659 (146,946)68.17%
(1) Interest Earnings are allocated at year-end.
(2) Includes utility billings thru October 2018.
(3) This includes the recycling services thru September 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
October r2018 (unaudited)