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37- Noah Joynes Youth Recreation FundNoah Joynes Youth Recreation Fund This fund is used to account for memorials and donations in memoriam of Noah Joynes who was an outstanding team member for over 14 years in the Park & Recreation Department and a Golden Valley resident. The Joynes family developed the Noah Joynes Youth Recreation Fund to benefit Golden Valley Parks and Recreation youth programs, participants, and facilities. This fund started in June 2020. Staff will work with the family and present their recommendations for future programs. CITY OF GOLDEN VALLEY NOAH JOYNES YOUTH RECREATION FUND REVENUE DETAIL Actual 2021 Actual 2022 Adopted 2023 Estimated 2023 Concept 2024 Adopted 2024 Concept 2025 Percent Percent Percent Percent Percent Percent Percent Revenue Amount of Total Amount of Total Amount of Total Amount of Total Amount of Total Amount of Total Amount of Total Donations $500 99.0 % $4,765 103.0 % $0 $646 100.0 % $0 $0 $0 Interest Earnings 4 1.0 % (140) -3.0 % 0 0 0.0 % 0 0 0 TOTALS $504 100.0 % $4,625 100.0 % $0 0.0 % $646 100.0 % $0 0.0 % $0 0.0 % $0 0.0% CITY OF GOLDEN VALLEY 2023 - 2024 OPERATING BUDGET DIVISION: Noah Joynes Youth Recreation Fund (2025) PROGRAM: Noah Joynes Youth Recreation Fund (2025) OBJECT DESCRIPTION 2021 ACTUAL 2022 ACTUAL 2023 ADOPTED 2023 ESTIMATED 2024 CONCEPT 2024 ADOPTED 2025 CONCEPT Supplies and Services 6340 Professional Sevices $0 $0 $0 $0 $0 $0 $0 6440 Other Contractual Services $260 $140 $0 $0 $0 $0 $0 7110 Transfers - - - - - - - TOTAL Supplies and Services 260 140 0 0 0 0 0 TOTALS $260 $140 $0 $0 $0 $0 $0 CITY OF GOLDEN VALLEY NOAH JOYNES YOUTH RECREATION FUND FUND BALANCE ANALYSIS * Fund Balance @ 01/01/23 $25,437 Estimated Revenue - 2023 $646 Estimated Expenses - 2023 0 Excess of Revenue Over (Under) Expenses 646 Estimated Fund Balance @ 12/31/23 $26,083 Adopted Revenue - 2024 0 Adopted Expenses - 2024 0 Excess of Revenue Over (Under) Expenses 0 Projected Fund Balance @ 12/31/24 $26,083 Concept Revenue - 2025 0 Concept Expenses - 2025 0 Excess of Revenue Over (Under) Expenses 0 Projected Fund Balance @ 12/31/25 $26,083