November 2018 General FundOver %
2018 November YTD (Under)Of Budget
Budget Actual Actual Budget Expend.
001 Council $370,935 14,335 297,719 ($73,216)80.26%(3)
003 City Manager 813,410 52,798 666,934 (146,476)81.99%
004 Transfers Out 1,982,580 0 1,982,580 0 100.00%(1)
005 Admin. Services 1,986,970 146,881 1,769,928 (217,042)89.08%
006 Legal 158,100 12,171 184,240 26,140 116.53%(2)
007 Risk Management 310,000 0 328,780 18,780 106.06%(5)
011 General Gov't. Bldgs.732,680 56,966 575,708 (156,972)78.58%
016 Planning 409,655 23,041 286,577 (123,078)69.96%
018 Inspections 811,280 56,404 670,130 (141,150)82.60%(4)
022 Police 6,204,575 434,480 4,935,736 (1,268,839)79.55%
023 Fire 1,561,150 108,036 1,186,922 (374,228)76.03%(3)
035 Physical Dev Admin 309,505 19,564 261,147 (48,358)84.38%
036 Engineering 776,095 54,794 631,731 (144,364)81.40%
037 Streets 1,790,925 106,892 1,622,452 (168,473)90.59%
066 Park & Rec. Admin.737,210 40,916 634,305 (102,905)86.04%
067 Park Maintenance 1,215,945 88,721 1,067,104 (148,841)87.76%
068 Recreation Programs 445,385 46,916 351,285 (94,100)78.87%
TOTAL Expenditures $20,616,400 $1,262,915 $17,453,278 ($3,163,122)84.66%
(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
(5) Dividend is sent in December.
City of Golden Valley
Monthly Budget Report - General Fund Expenditures
November, 2018 (unaudited)
Division
83.00%
Over %
2018 November YTD (Under)of Budget
Type Budget Actual Actual Budget Received
Ad Valorem Taxes $17,253,460 0 9,520,623 ($7,732,837)55.18%(1)
Licenses 220,980 5,880 218,940 ($2,040)99.08%
Permits 929,785 104,375 1,530,969 $601,184 164.66%
State Aid 52,375 0 80,370 $27,995 153.45%(2)
County Aid 0 1,319 $1,319
Charges For Services:
General Government 25,250 949 25,777 $527 102.09%
Public Safety 160,900 1,680 185,218 $24,318 115.11%
Public Works 163,600 12,205 165,545 $1,945 101.19%
Park & Rec 415,550 17,938 375,336 ($40,214)90.32%
Other Funds 691,500 56,082 705,246 $13,746 101.99%
Fines & Forfeitures 320,000 37,178 335,743 $15,743 104.92%(3)
Interest On Investments 75,000 0 0 ($75,000)0.00%(4)
Miscellaneous Revenue 193,000 14,766 183,868 ($9,132)95.27%
Transfers In 30,000 2,500 27,500 ($2,500)91.67%(5)
TOTAL Revenue $20,531,400 $253,553 $13,356,454 ($7,174,946)65.05%
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 October 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
November 2018 (unaudited)