10-72 - 12-07 - adopt 2011-2012 budgets for enterprise, special revenue and internal service fundsResolution 10-72
December 7, 2010
Member Pentel introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 2011-2012 BUDGETS FOR ENTERPRISE,
SPECIAL REVENUE AND INTERNAL SERVICE FUNDS
WHEREAS, in 2010, the City Manager presented a biennial budget cycle with a
proposed current budget year and an in concept budget proposal for the second year; and
WHEREAS, this proposed 2011 operating budget is submitted by the City in
accordance with Minnesota Statutes and other applicable laws in effect on this date; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Golden
Valley, Minnesota, that the 2011 General Fund Budget are hereby given final approval.
FUND
DESCRIPTION AMOUNT
7000 Recycling $418,360
7120 Water and Sewer Utility 8,891,665
7150 Brookview Golf Course 1,780,155
7200 Motor Vehicle Licensing 529,135
7300 Storm Sewer Utility 2,850,555
2020 Human Services Foundation 58,500
8200 Vehicle Maintenance 334,415
TOTAL 2011 BUDGET $14.862,785
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.
ATTEST:
le'
usan M. Virnig, City Clerk
` r /
Linda R. Loomis, Mayor
Resolution 10-72 -Continued
December 7, 2010
The motion for the adoption of the foregoing resolution was seconded by Member Shaffer
upon a vote being taken thereon, the following voted in favor thereof: Freiberg, Loomis,
Pentel and Shaffer; and the following was absent: Scanlon, 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.