May 2019 Conversation/Recycling FundOver
2019 May YTD (Under)%
Budget Actual Actual Budget Current
Revenue
Hennepin County Recycling Grant 41,545 0 0 (41,545)0.00%(4)
Recycling Charges 409,105 36,205 136,891 (272,214)33.46%(2)
Miscellaneous Revenues 8,000 0 0 (8,000)
Interest on Investments 4,000 0 0 (4,000)0.00%(1)
Total Revenue 462,650 36,205 136,891 (325,759)29.59%
Expenses:
Recycling 501,695 87,427 198,030 (303,665)39.47%(3)
Total Expenses 501,695 87,427 198,030 (303,665)39.47%
(1) Interest Earnings are allocated at year-end.
(2) Includes utility billings thru May 2019.
(3) This includes the recycling services thru April 2019.
(4) Grant reduced due to no compost program.
Further information about projects and financing are located in the 2019-2023 CIP and 2019-2020 Budget.
City of Golden Valley
Monthly Budget Report - Conservation/Recycling Enterprise Fund
May 2019 (unaudited)