RESO 24-004 – Approving Budget Carry forward AdjustmentsRESOLUTION NO. 24-004
RESOLUTION APPROVING BUDGET
CARRY FORWARD ADJUSTMENTS
WHEREAS, the City Council adopted Resolution 22-109 on December 6, 2022,
which adopted the 2023 budget, and
WHEREAS, year-end carry forward budget adjustments are required for the 2023
budget as set forth in the list attached and incorporated hereto as Exhibit A -Year-End
Budget Adjustment Request; and
WHEREAS, the City Council has determined that it is in the City’s best interest to
make these budget alterations for this Year-End Budget Adjustment Requests to the
approved budget.
NOW, THEREFORE, BE IT RESOLVED that the City Council based on the
foregoing recitals and in furtherance of the intent of this Resolution hereby authorizes and
directs the Finance Director to make any and all necessary alterations to the approved
budget of the City.
Adopted by the City Council of Golden Valley, Minnesota this 2nd day of January,
2024.
_____________________________
Roslyn Harmon, Mayor
ATTEST:
_____________________________
Theresa Schyma, City Clerk
DocuSign Envelope ID: 8357EA57-CA14-46A6-B911-652575932B2D
EXHIBIT A
Request for Carry Forward 2023 Available Budget to the 2024 Budget ‐ January 2, 2024
Account ‐Object
Police Department
1320.6110 Police Salaries ($140,000)
1320.6960 Community Engagement Vehicle $60,000
1320.6960 Public Safety License Plate Readers $80,000
Legal Department
1121.6340 Professional Services ($75,000)
1121.6110 Salaries‐Deputy City Clerk Part Time $52,770
1121.6150 Insurance $13,250
1121.6160 Retirement $8,980
Housing and Redevelopment
1000.4101 Building Permit Revenues ($315,000)
9190.6340 HOPE expenditures $315,000
Employee Benefits Fund
8000.4901 Retirement ($140,000)
8015.6411 Early Safe and Sick Time $40,000
8015.6411 Tuition Fund Reimbursement for Employees $100,000
Managers
1030.6340 Professional Services ($35,000)
1030.6340 DEI Professional Services $20,000
1030.6340 Furniture $15,000
Total Budget Impact $0
DocuSign Envelope ID: 8357EA57-CA14-46A6-B911-652575932B2D