RESO 24-074 - Adopting the 2025-2026 Budgets for Enterprise, Special Revenue and Internal Service FundsRESOLUTION NO. 24-074
RESOLUTION ADOPTING THE 2025-2026 BUDGETS FOR ENTERPRISE,
SPECIAL REVENUE AND INTERNAL SERVICE FUNDS
WHEREAS, in 2024, the City Manager presented a biennial budget cycle with a
proposed current budget year (2025) and an in concept budget proposal for the second
year (2026); and
WHEREAS, this proposed 2025 operating budget is submitted by the City in
accordance with Minnesota Statutes and other applicable laws in effect on this date.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Golden
Valley, Minnesota, that the 2025 Budgets are hereby given final approval.
FUND DESCRIPTION AMOUNT
7001 Recycling $1,226,930
7120 Water and Sewer Utility 14,783,215
7150 Brookview Golf Course 4,710,154
7200 Motor Vehicle Licensing 624,774
7300 Storm Sewer Utility 4,625,461
2020 Community Services Commission 58,500
2040 Brookview Facility 710,102
8200 Vehicle Maintenance 572,156
TOTAL 2025 BUDGET $27,311,292
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 Council of Golden Valley, Minnesota this 3rd day of December 2024.
Roslyn Harmon, Mayor
ATTEST:
Theresa J. Schyma, City Clerk
Docusign Envelope ID: 7C55E7DC-582D-4BE4-9CA1-DBF67B86DAAE