18-75 - 12-04 - Adopt 2019-2020 Budget for Enterprise and other funds RESOLUTION NO. 18-75
RESOLUTION ADOPTING THE 2019-2020 BUDGETS FOR ENTERPRISE,
SPECIAL REVENUE AND INTERNAL SERVICE FUNDS
WHEREAS, in 2018, the City Manager presented a biennial budget cycle with a
proposed current budget year(2019) and an in concept budget proposal for the second
year(2020); and
WHEREAS, this proposed 2019 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 2019 Budgets are hereby given final approval.
FUND
DESCRIPTION AMOUNT
7001 Recycling $501,695
7120 Water and Sewer Utility 11,400,795
7150 Brookview Golf Course 3,180,750
7200 Motor Vehicle Licensing 446,080
7300 Storm Sewer Utility 6,511,185
2020 Human Services Fund 92,100
2040 Brookview Facility 402,400
2010 DWI Fund 9,000
2011 VOTF Fund 10,000
2040 Lodging Tax 0
8200 Vehicle Maintenance 399,640
TOTAL 2019 BUDGET $22.953,645
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.
Adopted by the City Council of Golden Valley, Minnesota this 4th day of December, 2018.
She and Harris, Nfayor
ATTEST:
k,-
Kristine A Luedke, City Clerk