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RESO 25-114 - Adopting the 2026 Budget for Enterprise, Special Revenue, and Internal Service FundsRESOLUTION NO. 25-114 RESOLUTION ADOPTING THE 2026 BUDGETS FOR ENTERPRISE, SPECIAL REVENUE AND INTERNAL SERVICE FUNDS WHEREAS, in September 2025, the City Manager presented the 2026 budget; and WHEREAS, this proposed 2026 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 2026 Budgets are hereby given final approval. FUND DESCRIPTION AMOUNT 7001 Recycling $ 1,335,270 7120 Water and Sewer Utility 14,315,685 7150 Brookview Golf Course 7,579,346 7200 Motor Vehicle Licensing 670,486 7300 Storm Sewer Utility 7,501,167 2020 Community Services Commission 58,500 2040 Brookview Facility 782,841 8200 Vehicle Maintenance 673,830 BE IT FURTHER RESOLVED by the City Council that the sources of financing are through user fees, lawful gambling proceeds, 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 2nd day of December, 2025. _______________________________ Gillian Rosenquist, Mayor Pro Tempore ATTEST: ________________________ Theresa J. Schyma, City Clerk Docusign Envelope ID: 6905271C-38A5-433D-8CC8-18BA21C5387D