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19-67 - 12-03 - Adopt 2020-2021 Budgets for Other Funds RESOLUTION NO. 19-67 RESOLUTION ADOPTING THE 2020-2021 BUDGETS FOR ENTERPRISE, SPECIAL REVENUE AND INTERNAL SERVICE FUNDS WHEREAS, in 2019, the City Manager presented a biennial budget cycle with a proposed current budget year(2020) and an in concept budget proposal for the second year(2021); and WHEREAS, this proposed 2020 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 2020 Budgets are hereby given final approval. FUND DESCRIPTION AMOUNT 7001 Recycling $526,905 7120 Water and Sewer Utility 11,126,230 7150 Brookview Golf Course 3,455,635 7200 , Motor Vehicle Licensing 515,050 7300 Storm Sewer Utility 3,995,700 2020 Human Services Fund 95,600 2040 Brookview Facility 419,830 2010 DWI Fund 0 2011 VOTF Fund 15,000 2040 Lodging Tax 0 8200 Vehicle Maintenance 395,445 TOTAL 2020 BUDGET $20,545,395 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 3rd day of December, 2019. Shepard M. Harris, Mayor ATTEST: Kristine A Luedke, City Clerk