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10-78 - 12-07 - adopt 2011 budget of the general fund budgetResolution 10-78 December 7, 2010 Member Shaffer introduced the following resolution and moved its adoption: RESOLUTION ADOPTING THE 2011 BUDGET OF THE GENERAL FUND BUDGET WHEREAS, in 2010, the staff presented a biennial budget cycle with a proposed current budget year and a 2012 in concept budget proposal; and WHEREAS, this proposed 2011 operating budget resolution and the accompanying proposed tax levies contained in Resolution 10-77 are submitted by the City in accordance with Minnesota Statutes and other applicable laws in effect on this date; and 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 DIVISION DESCRIPTION AMOUNT 001 Council $287,970 003 City Manager 747,095 004 Transfers Out 439,970 005 Administrative Services 1,524,180 006 Legal Services 120,000 007 Risk Management 280,000 011 Building Operations 570,680 016 Planning 322,315 022 Police 4,695,320 023 Fire 1,516,730 035 Public Works Administration 319,830 036 Engineering 613,515 037 Streets 1,333,375 065 Community Centers 71,400 066 Park and Recreation Administration 672,460 067 Park Maintenance 996,485 068 Park and Recreation Programs 409,170 TOTAL 2011 BUDGET $14,920,495 Resolution 10-78 -Continued December 7, 2010 BE IT RESOLVED by the City Council that the sources of financing the sums appropriated shall be: DESCRIPTION AMOUNT Ad Valorem Taxes $11,702,050 Licenses 166,865 Permits 576,400 State Grants 10,500 Charges for Services 1,725,540 Fines and Forfeitures 250,000 Interest on Investments 100,000 Miscellaneous Revenue 214,140 Transfers In 175,000 TOTAL 2011 BUDGET $14,920495 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. ATTEST: Susan M. Virnig, City Clerk Linda R. Loomis, Mayor The motion for the adoption of the foregoing resolution was seconded by Member Pentel 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.