RESO 24-078 - Adopting the 2025 Budget General FundRESOLUTION NO. 24-078
RESOLUTION ADOPTING THE 2025 BUDGET
OF THE GENERAL FUND BUDGET
WHEREAS, this proposed 2025 operating budget resolution and the
accompanying proposed tax levies contained in Resolution No. 24-078 are 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 General Fund Budget are hereby given final approval:
DIVISION DESCRIPTION AMOUNT
001 Council $ 324,325
003 City Manager 725,152
004 Transfers Out 3,275,000
005 Finance 1,230,666
006 Legal Services 1,023,060
007 Risk Management 400,000
008 Administrative Services 2,919,046
009 Communications 546,209
011 Building Operations 1,099,082
016 Planning 746,207
018 Inspections 1,023,751
022 Police 8,021,047
023 Fire 2,506,743
035 Community Development 445,777
036 Engineering 770,211
037 Streets 3,051,174
066 Park and Recreation 1,096,097
067
Administration
Park Maintenance 1,944,499
068 Park and Recreation
Programs
487,653
099 Contingencies 150,000
TOTAL 2025 BUDGET $ 31,785,700
Docusign Envelope ID: 7C55E7DC-582D-4BE4-9CA1-DBF67B86DAAE
BE IT FURTHER RESOLVED by the City Council that the sources of financing the sums
appropriated shall be:
DESCRIPTION AMOUNT
Ad Valorem Taxes $ 27,800,845
Licenses 253,925
Permits 1,739,650
Grants and Fines 143,280
Government Fees 16,750
Public Safety 44,150
Public Works 207,300
Park and Recreation 323,700
Transfers In 895,000
Investment Earnings 164,000
Other Revenue 197,100
TOTAL 2025 BUDGET $ 31,785,700
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 and property tax levies both proposed and final.
Adopted by the City Council of Golden Valley, Minnesota on this 3rd day of December,
2024.
Roslyn Harmon, Mayor
ATTEST:
Theresa J. Schyma, City Clerk
Docusign Envelope ID: 7C55E7DC-582D-4BE4-9CA1-DBF67B86DAAE