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14-091 - 12-02 - 2015-2016 Budget for Enterprise Resolution 14-91 December 2, 2014 Member Fonnest introduced the following resolution and moved its adoption: RESOLUTION ADOPTING THE 2015-2016 BUDGETS FOR ENTERPRISE, SPECIAL REVENUE AND INTERNAL SERVICE FUNDS WHEREAS, in 2014, the City Manager presented a biennial budget cycle with a proposed current budget year (2015) and an in concept budget proposal for the second year (2016); and WHEREAS, this proposed 2015 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 2015 Budgets are hereby given final approval. FUND DESCRIPTION AMOUNT 7000 Recycling $451,460 7120 Water and Sewer Utility 9,760,560 7150 Brookview Golf Course 1,824,925 7200 Motor Vehicle Licensing 408,330 7300 Storm Sewer Utility 3,101,810 2020 Human Services Fund 67,100 8200 Vehicle Maintenance 355,565 TOTAL 2015 BUDGET $15,969.750 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: hep rd M. Harris, Odyor Kristine A. Luedke, City Clerk The motion for the adoption of the foregoing resolution was seconded by Member Clausen and upon a vote being taken thereon, the following voted in favor thereof: Harris, Schmidgall, Snope, Fonnest and Clausen and the following voted against the same: none whereupon said resolution was declared duly passed and adopted, signed by the Mayor and his signature attested by the City Clerk.