July 2019 Conversation/Recycling FundOver
2019 July YTD (Under)%
Budget Actual Actual Budget Current
Revenue
Hennepin County Recycling Grant 41,545 41,375 41,375 (170)99.59%(4)
Recycling Charges 409,105 36,935 205,616 (203,489)50.26%(2)
Miscellaneous Revenues 8,000 76 105 (7,895)(5)
Interest on Investments 4,000 0 0 (4,000)0.00%(1)
Total Revenue 462,650 78,386 247,096 (215,554)53.41%
Expenses:
Recycling 501,695 4,292 229,641 (272,054)45.77%(3)
Total Expenses 501,695 4,292 229,641 (272,054)45.77%
(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.
(5) Includes Home Good curbside pickup rebate thru June.
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
July 2019 (unaudited)