14-097 - 12-16 - Amending 2014 General Fund Budget Resolution 14-97 December 16, 2014
Member Schmidgall introduced the following resolution and moved its adoption:
RESOLUTION AMENDING THE 2014 BUDGET
OF THE GENERAL FUND BUDGET
WHEREAS, in 2013, staff presented a biennial budget cycle with a proposed 2014
current budget year and a 2015 "in concept" budget proposal; and
WHEREAS, this adopted 2014 operating budget resolution with Resolution 13-108
are submitted by the City in accordance with Minnesota Statutes and other applicable laws
in effect on this date; and
WHEREAS, this amendment to the 2014 operating budget resolution with
accompanying expenditures and revenues for those changes in accordance with
Minnesota Statutes and other applicable laws in effect on this date; and
WHEREAS, this amendment allocates general fund revenues to those expenditures
for each area outlined below; and
BE IT RESOLVED, by the City Council of the City of Golden Valley, Minnesota, that
the 2014 Amended General Fund Budget are hereby given final approval.
DIVISION
DESCRIPTION AMOUNT
001 Council (1001.6110) $1,500
003 City Manager (1031.6110) 10,000
003 Communications (1031.6110) 2,000
005 Computer Services (1105.6110) 16,000
015 Inspections (1162.6110) 10,000
035 Physical Development 10,000
037 Streets (1440.6110) 15,000
067 Park Maintenance (1620.6110) 20,000
84 500
Building Permits (1000.4101) 184 500
TOTAL 2014 BUDGET
Resolution 14-97 - Continued December 16, 2014
BE IT RESOLVED, by the City Council that the sources of financing the sums
appropriated shall be:
DESCRIPTION AMOUNT
Ad Valorem Taxes $12,358,005
Licenses 210,785
Permits 725,000
Federal Grants 31,205
State Grants 255,390
Charges for Services 1,856,690
Fines and Forfeitures 320,000
Interest on Investments 100,000
Miscellaneous Revenue 227,200
Transfers In 100,000
TOTAL 2014 BUDGET $16 184,275
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.
Sh and M. Harris, Mayor
ATTEST:
c::::: AL�ZA
Kristine A. Luedke, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member Snope
and upon a vote being taken thereon, the following voted in favor thereof: Harris, Snope,
Schmidgall, 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.