03-68 - 12-16 - Adopt 2004 General Budget Resolution 03-68 December 16, 2003
Member Johnson introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 2004 BUDGET
OF THE GENERAL FUND
BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota, that
the appropriations for the General Fund Divisions for the calendar year 2004 shall be as
follows:
DIVISION DESCRIPTION AMOUNT
01 City Council $289,400
03 City Manager 681,810
04 Transfers Out 615,000
05 Administrative Services 1,302,990
06 Legal 75,000
07 Casualty Insurance 175,450
11 General Government Buildings 583,695
16 Planning 208,200
21 Public Safety Administration 611,710
22 Police 2,795,080
23 Fire 1,217,585
24 Prosecution and Court 167,100
35 Public Works Administration 266,445
36 Engineering 535,385
37 Street 1,087,800
65 Community Center 75,145
66 Park and Recreation Administration 536,495
67 Park Maintenance 779,845
68 Recreation Programs 425,650
TOTAL 2004 BUDGET $12,429,785
Resolution 03-68 - Continued December 16, 2003
BE IT FURTHER RESOLVED by the City Council that the sources of financing the
sums appropriated shall be:
DESCRIPTION AMOUNT
Ad Valorem Taxes $7,940,590
Licenses 143,240
Permits 800,000
Federal Grants -0-
State Grants 11,840
Charges For Services 1,808,745
Fines and Forfeitures 300,000
Interest Earnings 225,000
Miscellaneous Revenue 234,240
Transfers In 107,500
Fund Balance 858,630
TOTAL 2004 BUDGET $12,429,785
I
Linda R. Loomis, Mayor
ATTEST:
Donald G. Taylor, C' erk
The motion for the adoption of the foregoing resolution was seconded by Member LeSuer
upon a vote being taken thereon, the following voted in favor thereof: Grayson, Johnson,
LeSuer, Loomis and Tremere; and the following voted against the same: none, whereupon
said resolution was declared duly passed and adopted, signed by the Mayor and her
signature attested by the City Clerk.