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11-66 - 12-06 - accepting 2012-2013 budgets - enterprise-special revenue-internal service funds Resolution 11-66 December 6, 2011 Member Pentel introduced the following resolution and moved its adoption: RESOLUTION ADOPTING THE 2012-2013 BUDGETS FOR ENTERPRISE, SPECIAL REVENUE AND INTERNAL SERVICE FUNDS WHEREAS, in 2011, 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 2012 operating budget is submitted by the City in accordance with Minnesata 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 2012 Budgets are hereby given final approval. FUND DESCRIPTION AMOUNT 7000 Recycling $453,605 7120 Water and Sewer Utility 8,453,810 7150 Brookview Golf Course 1,733,025 7300 Storm Sewer Utility 3,574,585 2020 Human Services Fund 60,000 8200 Vehicle Maintenance 331,390 TOTAL 2012 BUDGET $14,606�415 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. t Linda R. Loomis, Mayor ATTEST: � �Susan M. Virnig, City Clerk Resolution 11-66 - Continued December 6, 2011 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, Loomis, Pentel, Scanlon 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.