20 Fund Balance Analysis & Enterprise FundsCITY OF GOLDEN VALLEY
GENERAL FUND
FUND BALANCE ANALYSIS
Fund Balance @ 01/01/21
Estimated Revenue - 2021
Estimated Expenditures- 2021
Excess of Revenue Over (Under) Expenditures
Estimated Fund Balance @ 12/31/210
% of 2021 Adopted Expenditures
Fund Balance @ 01/01/22
Adopted Revenue - 2022
Adopted Expenditures - 2022
Excess of Revenue Over (Under) Expenditures
Projected Fund Balance @ 12/31/21
% of 2022 Proposed Expenditures
Fund Balance @ 01/01/23
Concept Revenue - 2023
Concept Expenditures- 20232
Excess of Revenue Over (Under) Expenditures
Proposed Fund Balance @ 12/31/232
% of 2023 Proposed Expenditures
$23,232,490
23,206,770
25,447,590
25,447,590
$ 26,907,645
26,907,645
$14,227,049
25,720
14,252,769
61.42%
$14,252,769
$14,252,769
56.01 %
$14,252,769
J
14,252,769
52.97%
ENTERPRISE FUNDS
Enterprise Funds are Proprietary Fund types used to report an
activity for which a fee is charged to external users for goods or
services. This is similar to private business enterprises.
Water and Sanitary Sewer Utility
Brookview Golf Course
Motor Vehicle Licensing
Storm Water Utility
Conservation/Recycling