23-103 (12-05) Adopting the 2024-2025 Budgets for Enterprise, Special Revenue and Internal Service FundsRESOLUTION NO. 23-103
RESOLUTION ADOPTING THE 2024-2025 BUDGETS FOR ENTERPRISE,
SPECIAL REVENUE AND INTERNAL SERVICE FUNDS
WHEREAS, in 2023, the City Manager presented a biennial budget cycle with a
proposed current budget year (2024) and an in concept budget proposal for the second
year (2025); and
WHEREAS, this proposed 2024 operating budget is submitted by the City in
accordance with Minnesota Statutes and other applicable laws in effect on this date; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Golden
Valley, Minnesota, that the 2024 Budgets are hereby given final approval.
FUND
DESCRIPTION
AMOUNT
7001 Recycling $1,232,100
7120 Water and Sewer Utility 18,811,675
7150 Brookview Golf Course 4,459,625
7200 Motor Vehicle Licensing 616,590
7300 Storm Sewer Utility 8,902,540
2020 Community Services Commission 51,000
2025 Noah Joynes Youth Recreation Fund 0
2040 Brookview Facility 783,270
2010 DWI Fund 0
2011 VOTF Fund 4,000
2040 Lodging Tax 0
8200 Vehicle Maintenance 543,685
TOTAL 2024 BUDGET $35,404,485
BE IT FURTHER RESOLVED by the City Council that the sources of financing are
through user fees, fundraisers, charges for services, and those applicable revenues
described in each specific budget.
BE IT FURTHER RESOLVED, that the City Council declares its intent to take all
necessary actions legally permissible to the submission and approval of the City’s budget
both proposed and final.
Adopted by the City of Golden Valley City Council this 5th day of December, 2023.
_____________________________
Shepard M. Harris, Mayor
ATTEST:
_____________________________
Theresa J. Schyma, City Clerk
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