News By Category: City Budget
Each August the City Council reviews the City’s Proposed General Fund Budget for the coming year in preparation for certifying the preliminary tax levy in September. The tax levy is the amount of property taxes needed to make bond payments and fund City services, such as police and fire, street and park maintenance, planning, and zoning, to name a few.
For the 28th consecutive year, the City of Golden Valley has been awarded the Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report (CAFR).
At its Dec 6 meeting, the Golden Valley City Council unanimously adopted the City’s proposed 2017-2018 biennial budget and 2017 tax levy (payable 2017). The 2017 tax levy will be $21,531,403, a reduction of $131,700 from the preliminary levy of $21,663,103 adopted by the City Council Sept 20.
At its Dec 1 meeting, the Golden Valley City Council unanimously adopted the City’s proposed 2016-2017 biennial budget and 2016 tax levy (payable 2016). The 2016 tax levy will be $19,813,310, a reduction of $129,000 from the preliminary levy of $19,942,310 adopted by the City Council Sept 1.
The 21th annual Run The Valley 5/10K Run and 5K Walk drew 440 participants April 11 to compete for medals and raise money for the Golden Valley Human Services Fund (GVHSF).
The City’s monthly financial reports, which outline monthly progress relative to the approved budget, are now available online in an easy-to-access format. While these reports have always been included in online City Council agenda packets, the new location enhances convenience for those who only want to see financial reports.
For the twenty-third consecutive year, the City of Golden Valley has been awarded the Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report (CAFR).
The Golden Valley City Council will review the proposed 2013-2014 City budgets for Utilities, Storm, Recycling, and Vehicle Maintenance and the proposed 2013-2017 Capital Improvement Program (CIP) at the Council/Manager meeting Tuesday, Sept 11, 6:30 pm, at Golden Valley City Hall, 7800 Golden Valley Rd.
The Golden Valley City Council will hold its second discussion on the proposed 2013-2014 City budget at the Council/Manager meeting Monday, Aug 13, 6:30 pm, at Golden Valley City Hall, 7800 Golden Valley Rd.