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29 - Conservation/Recycling DivisonCONSERVATION/RECYCLING DIVISION This division coordinates the City's conservation and recycling projects. Current projects include curbside recycling, brush pickup, Mighty Tidy Day, and leaf drop off. Curbside recycling is handled by a private contractor under a contract negotiated by a three city group including Plymouth and Minnetonka. These recycling services are provided for approximately 6,934 households in the City. Curbside recycling is handled by a private contractor under a contract negotiated by a three city group including Plymouth and Minnetonka. This contract ends December 31, 2021. The City is looking into a curbside organics program that may start January, 2022. REVENUES User fees are charged on the city utility bill for all residential customers that receive curbside recycling pickup service. EXPENSES A transfer of $51,500 is made to the General Fund to offset the personal costs related to the administration of the program. CITY OF GOLDEN VALLEY 2021 - 2022 OPERATING BUDGET DIVISION: Recycling (081) PROGRAM: Recycling (7001) 2018 2019 2020 2020 2021 2021 2022 OBJECT DESCRIPTION ACTUAL ACTUAL ADOPTED ESTIMATED CONCEPT ADOPTED CONCEPT Supplies and Services 6320 Operating Supplies $0 $0 $3,000 $3,000 $3,000 $9,500 $9,500 6340 Professional Services 319,698 363,200 415,995 415,995 431,100 430,545 958,955 6342 Postage - 3,229 1,000 2,700 1,000 7,500 7,500 6352 General Notices & Information 1,624 2,027 6,210 5,550 6,210 7,560 7,560 6440 Contractual Services 35,464 57,330 49,200 49,200 60,675 59,000 60,770 TOTAL Supplies and Services 356,786 425,786 475,405 476,445 501,985 514,105 1,044,285 Transfers 7220 Overhead Transfer -General Fund 51,500 51,500 51,500 51,500 51,500 51,500 75,000 TOTAL Transfers 51,500 51,500 51,500 51,500 51,500 51,500 759000 TOTALS $408,286 $477,286 $526,905 $527,945 $553,485 $565,605 $1,119,285 CITY OF GOLDEN VALLEY CONSERVATION / RECYCLING FUND Actual 2018 Actual 2019 Adopted 2020 Estimated 2020 Concept 2021 Adopted 2021 Concept 2022 Percent Percent Percent Percent Percent Percent Percent Revenue Amount of Total Amount of Total Amount of Total Amount of Total Amount of Total Amount of Total Amount of Total County Grant 49,522 10.6% 44,080 9.0% 34,620 7.2% 32,640 6.7% 30,000 5.8% 30,000 5.8% 10,000 1.2% Recycling Charges (1) 391,131 83.4% 408,058 83.0% 436,845 90.4% 433,150 88.8% 475,100 91.9% 466,785 90.3% 829,075 96.5% Mighty Tidy Day charges 18,028 3.8% 10,737 2.2 % 8,000 1.7 % 10,000 2.1 % 8,000 1.5 % 10,000 1.9 % 10,000 1.2% Interest Earnings 10,162 2.2% 28,942 5.9% 4,000 0.8% 12,000 2.5% 4,000 0.8% 10,000 1.9% 10,000 1.2% TOTALS $468,843 100.09/6 $491,817 100.0% $483,465 100.0% $487,790 100.0% $517,100 100.0% $516785 100.0% $859,075 100.0% CITY OF GOLDEN VALLEY CONSERVATION / RECYCLING FUND Net Position * Net Assets @ 01 /01 /20 Estimated Revenue - 2020 $487,790 Estimated Expenses - 2020 527,945 Excess of Revenue Over (Under) Expenses Estimated Net Position @ 12/31/20 Adopted Revenue - 2021 516,785 Adopted Expenses - 2021 565,605 Excess of Revenue Over (Under) Expenses Projected Net Position @ 12/31/21 Concept Revenue - 2022 859,075 Concept Expenses - 2022 1,119.285 Excess of Revenue Over (Under) Expenses Projected Net Position @ 12/31 /22 $1,240,762 (40,155) $1,200,607 (48,820) $1,151,787 (260,210) $891,577