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15-94 - 12-01 - 2016 Budget for the General Fund Resolution 15-94 December 1, 2015 Member Clausen introduced the following resolution and moved its adoption: RESOLUTION ADOPTING THE 2016 BUDGET OF THE GENERAL FUND BUDGET WHEREAS, in 2015, the staff presented a biennial budget cycle with a proposed 2016 current budget year and a 2017 "in concept" budget proposal; and WHEREAS, this proposed 2016 operating budget resolution and the accompanying proposed tax levies contained in Resolution 15-95 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 2016 General Fund Budget are hereby given final approval. DIVISION DESCRIPTION AMOUNT 001 Council $322,960 003 City Manager 798,260 004 Transfers Out 725,000 005 Administrative Services 1,869,995 006 Legal Services 150,000 007 Risk Management 305,000 011 Building Operations 532,790 016 Planning 353,800 018 Inspections 737,265 022 Police 5,671,180 023 Fire 1,290,210 035 Physical Development 298,755 036 Engineering 783,470 037 Streets 1,611,865 065 Community Centers 81,095 066 Park and Recreation Administration 705,660 067 Park Maintenance 1,137,895 068 Park and Recreation Programs 374,995 TOTAL 2016 BUDGET $17,750,195 Resolution 15-94 - Continued December 1, 2015 BE IT RESOLVED by the City Council that the sources of financing the sums appropriated shall be: DESCRIPTION AMOUNT Ad Valorem Taxes $14,278,810 Licenses 217,515 Permits 800,000 Federal Grants 0 State Grants 268,380 Charges for Services 1,502,065 Fines and Forfeitures 320,425 Interest on Investments 100,000 Miscellaneous Revenue 233,000 Transfers In 30,000 TOTAL 2016 BUDGET $17,750,195 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. 5 She and M. Harris, Mayor ATTEST: c"eetAltA,' Lie Kristine A Luedke, City Clerk The motion for the adoption of the foregoing resolution was seconded by Member Fonnest and upon a vote being taken thereon, the following voted in favor thereof: Harris, Fonnest, Clausen, Snope and Schmidgall 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.