19-69 - 12-03 - Adopt 2020 Budget for General Fund Budget RESOLUTION NO. 19-69
RESOLUTION ADOPTING THE 2020 BUDGET
OF THE GENERAL FUND BUDGET
WHEREAS, in 2019, the staff presented a biennial budget cycle with a proposed
2020 current budget year and a 2021 "in concept" budget proposal; and
WHEREAS, in 2020, the benefit earning employees of the City of Golden Valley
receive the dollar amount of the City's contribution for benefits of$1,477.00 per month
effective January 1, 2020. The City will also pay the cost of group term life IRS maximum
non-taxable level and group long term disability insurance for those employees; and
WHEREAS, in 2020, the benefit earning employees of the City of Golden Valley
that were classified under Management Team and/or Division Head/Supervisor
categories who have been appointed in such designated positions prior to May 1, 2011
will be $1,498.00 per month plus 2% of monthly salary on January 1, 2020. The City will
also pay the cost of group term life IRS maximum non-taxable level and group long term
disability insurance for those employees; and
WHEREAS, in 2020, Employees who successfully participated in the City wellness
program in 2019 will receive an additional $20.00 per month in the City's contribution
towards benefits; and
WHEREAS, Employee service awards are outlined in the Public Purpose
Expenditure Policy and shall be considered compensation with IRS regulations; and
WHEREAS, in 2020, all City of Golden Valley non-union employees will receive
3% increase in wages and salaries starting January 1; and
WHEREAS, this proposed 2020 Operating Budget Resolution and the
accompanying proposed tax levies contained in Resolution 19-69 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 2020 General Fund Budget are hereby given final approval.
DIVISION DESCRIPTION AMOUNT
001 Council $453,425
003 City Manager 1,036,320
004 Transfers Out 2,567,580
005 Administrative Services 2,213,775
006 Legal Services 195,545
007 Risk Management 320,000
011 Building Operations 735,880
016 Planning 428,025
018 Inspections 795,005
Resolution No. 19-69 -2- December 3, 2019
022 Police 6,608,080
023 Fire 1,685,290
035 Physical Development 324,975
036 Engineering 485,810
037 Streets 2,289,120
066 Park and Recreation Administration 851,625
067 Park Maintenance 1,363,945
068 Park and Recreation Programs 409,350
068 Park and Recreation Programs 50,000
TOTAL 2020 BUDGET $22,813,750
BE IT RESOLVED by the City Council that the sources of financing the sums
appropriated shall be:
DESCRIPTION AMOUNT
Ad Valorem Taxes $19,474,140
Licenses 233,100
Permits 913,500
State Grants 15,190
Charges for Services 1,540,500
Fines and Forfeitures 255,000
Interest on Investments 150,000
Miscellaneous Revenue 202,320
Transfers In 30,000
TOTAL 2020 BUDGET $22.813.750
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.
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