Annual Budget Process & Schedule

The 2013-2014 Budget Calendar is based on current statutory requirements.

Jan 2, 2012

Hennepin County sets the value of your property based on comparable properties in your city on this date.

Early March, 2012

Hennepin County mails property valuation notices to all property owners.

April 24, 2012

April 24, 2012: Open Book Meeting, Golden Valley City Hall, 4–6 pm. Hennepin County assessors are available to answer questions about your property valuation notice.

May-June, 2012

Staff prepares budgets, has internal meetings, and compiles the city manager’s recommended budget for City Council to review.

July 3, 2012

City Council received proposed 2013 City Budget from city manager.

July 10, 2012

City Council and staff discuss proposed 2013 City Budget at Council/Manager meeting.

Aug 13, 2012

City Council and staff discuss proposed 2013 City Budget at Council/Manager meeting.

Sept 4, 2012

City Council approves proposed 2013 City Budget and tax levy. Once approved, this levy cannot be increased but can be decreased. The proposed levy will be used for proposed property tax statements sent out in November by Hennepin County.

Sept 11, 2012

City Council and staff discuss proposed 2013 City Budget at Council/Manager meeting.

Oct 9, 2012

City Council and staff discuss proposed 2013 City Budget at Council/Manager meeting.

Nov 13, 2012

City Council and staff discuss proposed 2013 City Budget at Council/Manager meeting.

Mid-Nov, 2012

Truth In Taxation notices sent by County to all property owners in the City.

Dec 4, 2012

Truth in Taxation public hearing(s) on 2013 General Fund Budget and tax levy. City Council adopts 2013 General Fund Budget, 2013 Tax Levy, and 2013-2014 Budgets of the Enterprise and Other Funds. The 2013-2017 Capital Improvement Plan (CIP) will be adopted.