21-096/12-07 Adopt 2022 Budget of the General Fund BudgetDocuSign Envelope ID: 836981 FO-E846-486C-AFB3-C672272FAD60
RESOLUTION NO.21-96
RESOLUTION ADOPTING THE 2022 BUDGET
OF THE GENERAL FUND BUDGET
WHEREAS, in 2022, the staff presented a biennial budget cycle with a proposed
2021 current budget year and a 2023 "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 $1,511.60 per month
effective January 1, 2022. 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 2022, 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 $1,532.60
per month plus 2% of monthly salary on January 1, 2022. 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 2022, Employees who successfully participated in the City wellness
program in 2021 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 2022, all City of Golden Valley non -union employees will receive 3%
increase in wages and salaries starting January 1, and
WHEREAS, this proposed 2022 operating budget resolution and the accompanying
proposed tax levies contained in Resolution No. 21-73 are 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 2022 General Fund Budget are hereby given final approval.
DIVISION
____ __— DESCRIPTION
AMOUNT
001
Council
$458,210
003
--City Manager - --
1,285-,825
004
Transfers Out
2,750,000
005
Administrative Services
2,573,030
006
Legal Services
428,045
007
Risk Management
355,000
011
Building Operations
816,045
016
Planning
392,330
018
Inspections
912,335
022
Police
7,178,575
DocuSign Envelope ID: 836981F0-E846-486C-AFB3-C672272FAD60
023 Fire 1,843,165
035 Physical Development 350,690
036 Engineering 819,975
037 Streets 2,474,815
066 Park and Recreation Administration 928,445
067 Park Maintenance 1,452,555
068 Park and Recreation Programs 428,550
TOTAL 2022 BUDGET $25,4 77.590
BE IT FURTHER RESOLVED, by the City Council that the sources of financing the
sums appropriated shall be:
DESCRIPTION AMOUNT
Ad Valorem Taxes
$22,116,855
Licenses
244,165
Permits
963,650
Fed/State Aid/Grants
171,800
Charges for Services
1,473,000
Fines and Forfeitures
125,000
Interest on Investments
150,000
Miscellaneous Revenue
173,120
Transfers In
30,000
TOTAL 2022 BUDGET $25,447.590
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 7th day of December, 2021.
I-DocuSigned by:
Rovis
Shepar . arris, Mayor
ATTEST:
-- DocuSigned by:
T�wik Sr�.y�.
Th6r6sa'Xtbhyma, City Clerk