04-97 - 12-21 - Adopt 2005 General Fund Resolution 04-97 December 21, 2004
Member Grayson introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 2005 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 2005 shall be as
follows:
DIVISION DESCRIPTION AMOUNT
01 City Council $268,055
03 City Manager 723,355
04 Transfers Out 655,000
05 Administrative Services 1,415,425
06 Legal 75,000
07 Casualty Insurance 187,425
11 General Government Buildings 570,510
16 Planning 314,045
21 Public Safety Administration 670,925
22 Police 2,961,790
23 Fire 1,319,800
24 Prosecution and Court 172,100
35 Public Works Administration 275,600
36 Engineering 554,995
37 Street 1,093,780
65 Community Center 78,910
66 Park and Recreation Administration 551,635
67 Park Maintenance 827,125
68 Recreation Programs 425,180
TOTAL 2005 BUDGET $13,140.655
Resolution 04-97 - Continued December 21, 2004
BE IT FURTHER RESOLVED by the City Council that the sources of financing the
sums appropriated shall be:
DESCRIPTION AMOUNT
Ad Valorem Taxes $9,050,000
Licenses 160,025
Permits 800,000
Federal Grants -0-
State Grants 11,840
Charges For Services 1,902,360
Fines and Forfeitures 285,000
Interest Earnings 175,000
Miscellaneous Revenue 234,240
Transfers In 125,000
Fund Balance 397,190
TOTAL 2005 BUDGET $13.140.655
Linda R. Loomis, Mayor
ATTEST:
Donald G. Taylor, Ci rk
The motion for the adoption of the foregoing resolution was seconded by Member Freiberg
and upon a vote being taken thereon, the following voted in favor thereof: Freiberg,
Grayson, Loomis, Pentel and Shaffer; 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.