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17-73 - 12-05 - 2018-2019 Budget for Other Funds Resolution 17-73 December 5, 2017 Member Snope introduced the following resolution and moved its adoption: RESOLUTION ADOPTING THE 2018-2019 BUDGETS FOR ENTERPRISE, SPECIAL REVENUE AND INTERNAL SERVICE FUNDS WHEREAS, in 2017, the City Manager presented a biennial budget cycle with a proposed current budget year (2018) and an in concept budget proposal for the second year(2019); and WHEREAS, this proposed 2018 operating budget is submitted by the City in accordance with Minnesota Statutes and other applicable laws in effect on this date. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota, that the 2018 Budgets are hereby given final approval. FUND DESCRIPTION AMOUNT 7001 Recycling $461,605 7120 Water and Sewer Utility 10,731,215 7150 Brookview Golf Course 2,928,760 7200 Motor Vehicle Licensing 423,335 7300 Storm Sewer Utility 3,237,835 2020 Human Services Fund 77,100 2050 Brookview Center 485,945 8200 Vehicle Maintenance 382,155 TOTAL 2017 BUDGET $18,727.950 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. She and Harris, M yor ATTEST: 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: Clausen, Fonnest, Harris. Schmidgall and Snope 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.