21 - ContingenciesCONTINGENCIES
In 2020, the City had a compensation study outlining specific jobs and salaries for those jobs
based on similar positions throughout the State of Minnesota. Due to COVID-19, staff
recommended the study results should start in 2021. The $50,000 was moved into 2021 as a
contingency and will be transferred to those divisions that have positions that need to be
adjusted.
In 2023, the City may have additional needs in the Cost -of -Living Adjustment (COLA) that may
be needed for salaries once contracts settle or what comparable cities do. The amount in 2023
is $200,000.
DIVISION: Contingencies (099)
OBJECT
DESCRIPTION
Supplies and Services
6320
Operating Supplies
6324
Clothing
6340
Professional Services
6344
Use of Personal Auto
6382
Contractual Maintenance
6390
Rentals
6411
Conferences and Schools
6440
Other Contractual Service
TOTAL Supplies and Services
Capital Outlay
6960
Capital Outlay
TOTAL Capital Outlay
Vehicle Maintenance Charges
7403
Motor Fuels
TOTAL Vehicle Maintenance Charges
6450
Contingencies
TOTAL Contingencies
TOTALS
CITY OF GOLDEN VALLEY
2023 - 2024 OPERATING BUDGET
PROGRAM: Contingencies (1900)
2020
2021
2022
2022
2023 2023
2024
ACTUAL
ACTUAL
ADOPTED
ESTIMATED
CONCEPT ADOPTED
CONCEPT
$85,436
$0
$0
$0 $0
$0
208
-
-
-
"
116,737
-
-
- _
37
-
-
_
42,588
-
-
_
"
616
-
-
"
2,743
-
-
"
4,567
252,932
0
0
0
0 0
0
143,315
143,315
96
"
96
0
0
0
0 0
0
200,000
0
0
0
0
0 200,000
0
$396,343
$0
$0
$0
$0 $200,000
$0