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36 - Noah Joynes Youth Recreation FundNoah Jovnes Youth Recreation Fund This fund is used to account for memorials and donations in memoriam of Noah Joynes who was an outstanding team member for over 14 years in the Park & Recreation Department and a Golden Valley resident. The Joynes family developed the Noah Joynes Youth Recreation Fund to benefit Golden Valley Parks and Recreation youth programs, participants, and facilities. This fund started in June 2020. Staff will work with the family and present their recommendations for future programs. CITY OF GOLDEN VALLEY NOAH JOYNES YOUTH RECREATION FUND Actual 2020 Actual 2021 Adopted 2023 Estimated 2022 Concept 2023 Adopted 2023 Concept 2024 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 Donations $20,263 100.0% $500 99.0% $0 $150 100.0% $0 $0 $0 Interest Earnings 2 0.0% 4 1.0% 0 0 0.0% 0 0 0 TOTALS $20,265 100.0% $504 100.0% $0 0.0% $150 100.0% $0 0.0% $0 0.0% $0 0.0% CITY OF GOLDEN VALLEY 2023 - 2024 OPERATING BUDGET DIVISION: Noah Joynes Youth Recreation Fund (2025) PROGRAM: Noah Joynes Youth Recreation Fund (2025) 2020 2021 2022 2022 2023 2023 2024 OBJECT DESCRIPTION ACTUAL ACTUAL ADOPTED ESTIMATED CONCEPT ADOPTED CONCEPT Supplies and Services 6340 Professional Sevices $0 $0 $0 $0 $0 $0 $0 6440 Other Contractual Services $0 $260 $0 $150 $0 $0 $0 7110 Transfers - - 2,000 - 2,000 - - TOTAL Supplies and Services 0 260 2,000 150 2,000 0 0 TOTALS $0 $260 $2,000 $150 $2,000 $0 $0 CITY OF GOLDEN VALLEY NOAH JOYNES YOUTH RECREATION FUND FUND BALANCE ANALYSIS * Fund Balance @ 01 /01 /22 Estimated Revenue - 2022 Estimated Expenses - 2022 Excess of Revenue Over (Under) Expenses Estimated Fund Balance @ 12/31/22 Adopted Revenue - 2023 Adopted Expenses - 2023 Excess of Revenue Over (Under) Expenses Projected Fund Balance @ 12/31/23 Concept Revenue - 2024 Concept Expenses - 2024 Excess of Revenue Over (Under) Expenses Projected Fund Balance @ 12/31 /24 $20,285 $150 0 150 $20,435 0 0 0 $20,435 0 0 0 $20,435