June 2019 Conversation/Recycling FundOver
2019 June 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 31,818 168,709 (240,396)41.24%(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 31,818 168,709 (293,941)36.47%
Expenses:
Recycling 501,695 27,319 225,349 (276,346)44.92%(3)
Total Expenses 501,695 27,319 225,349 (276,346)44.92%
(1) Interest Earnings are allocated at year-end.
(2) Includes utility billings thru June 2019.
(3) This includes the recycling services thru May 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
June 2019 (unaudited)