20-76 - 12-01 - ADOPTING THE 2021 BUDGET OF THE GENERAL FUND BUDGET DocuSign Envelope ID:6A1 BD486-3EEC-45AB-A205-BD867BB39572
RESOLUTION NO. 20-76
RESOLUTION ADOPTING THE 2021 BUDGET
OF THE GENERAL FUND BUDGET
WHEREAS, in 2020, the staff presented a biennial budget cycle with a proposed
2021 current budget year and a 2022 "in concept" budget proposal; and
WHEREAS, in 2021 , the benefit earning employees of the City of Golden Valley
receive the dollar amount of the City's contribution for benefits of $1 ,568.80 per month
effective January 1 , 2021 . 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 2021 , 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 ,589.80 per month plus 2% of monthly salary on January 1 , 2021 . 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 2021 , Employees who successfully participated in the City wellness
program in 2020 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 2021 , all City of Golden Valley non-union employees will receive
1% increase in wages and salaries starting January 1 , and
WHEREAS, this proposed 2021 operating budget resolution and the
accompanying proposed tax levies contained in Resolution 20-77 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 2021 General Fund Budget are hereby given final approval.
DIVISION
DESCRIPTION AMOUNT
001 Council $405,705
003 City Manager 1 ,082,250
004 Transfers Out 2,717,580
005 Administrative Services 2,271 ,430
006 Legal Services 204,605
007 Risk Management 350,000
DocuSign Envelope ID:6A1 BD486-3EEC-45AB-A205-BD867BB39572
011 Building Operations 753,160
016 Planning 379,140
018 Inspections 815,655
022 Police 6,732,035
023 Fire 1 ,679,195
035 Physical Development 325,220
036 Engineering 609,730
037 Streets 2,330,700
066 Park and Recreation Administration 859,980
067 Park Maintenance 1 ,365,545
068 Park and Recreation Programs 410,765
090 Contingencies 240,000
TOTAL 2021 BUDGET $23,5 22,695
BE IT RESOLVED by the City Council that the sources of financing the sums
appropriated shall be:
DESCRIPTION AMOUNT
Ad Valorem Taxes $20,151 ,285
Licenses 258,895
Permits 984.000
State Aid/Grants 38,685
Charges for Services 1 ,551 ,710
Fines and Forfeitures 165,000
Interest on Investments 150,000
Miscellaneous Revenue 203,120
Transfers In 30,000
TOTAL 2021 BUDGET $23,5 22,695
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 15t day of December, 2020.
DocuSigned by:
Shbobrd M. Harris, Mayor
ATTEST:
DocuSigned by:
C
C2F66C0073F34D
Theresa Schyma, City Clerk