20-75 - 12-01 - ADOPTING THE 2021-2022 BUDGETS FOR ENTERPRISE, SPECIAL REVENUE AND INTERNAL SERVICE FUNDS DocuSign Envelope ID:6A1 BD486-3EEC-45AB-A205-BD867BB39572
RESOLUTION NO. 20-75
RESOLUTION ADOPTING THE 2021-2022 BUDGETS FOR ENTERPRISE,
SPECIAL REVENUE AND INTERNAL SERVICE FUNDS
WHEREAS, in 2020, the City Manager presented a biennial budget cycle with a
proposed current budget year (20210) and an in concept budget proposal for the second
year (2022); and
WHEREAS, this proposed 2021 operating budget is submitted by the City in
accordance with Minnesota Statutes and other applicable laws in effect on this date; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Golden
Valley, Minnesota, that the 2021 Budgets are hereby given final approval.
FUND
DESCRIPTION AMOUNT
7001 Recycling $565,605
7120 Water and Sewer Utility 11 ,987,325
7150 Brookview Golf Course 3,078,690
7200 Motor Vehicle Licensing 503,050
7300 Storm Sewer Utility 4,989,500
2020 Human Services Fund 40,000
2025 Noah Joynes Youth Recreation Fund 10,000
2040 Brookview Facility 488,230
2010 DWI Fund 15,000
2011 VOTF Fund 4,000
2040 Lodging Tax 25,000
8200 Vehicle Maintenance 429,320
TOTAL 2021 BUDGET $22,1 55,820
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 1 st day of December, 2020.
CDocnsigned by:
�arj At., Rams
Sheparc(41VI. Harris, Mayor
ATTEST:
DocuSigned by:
C2F66C0073F34D
Theresa Schyma, City Clerk