13-10873r RESOLUTION NO. 10873
RESOLUTION ADOPTING A PROPOSED BUDGET AND TAX LEVY
FOR THE YEAR 2014
WHEREAS, the Minnesota Truth in Taxation law provides for a proposed tax levy to
be certified to the County Auditor by September 15, 2013 and then recertified before
December 30, 2013.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield,
Minnesota as follows:
1. The budget for the City of Richfield for the year 2014 is hereby approved and
adopted with appropriations for each of the departments to be as follows:
General Fund
Legislative/Executive $ 817,020
Administrative Services 1,203,370
Public Safety 7,988,900
Fire Services 3,699,460
Community Development 1,327,310
Public Works 4,232,700
Recreation Services 1,704,570
TOTAL GENERAL FUND $20,973,330
2. The estimated gross revenue of the City of Richfield from all sources, including
general ad valorem tax levies as hereinafter set forth for the year 2014 which are
more fully detailed in the City Manager's official copy of the 2014 budget, are
hereby found and determined to be as follows:
TOTAL GENERAL FUND $20,973,330
3. There is hereby levied upon all taxable property in the City of Richfield a direct ad
valorem tax in the year 2013, payable in 2014 for the following purposes and in
the following amounts:
PURPOSE AMOUNT
General Fund' $15,570,7652
Debt Service 2,142,316
Cedar Point Tax Abatement 299,222
1 Provision has been made in the General Fund for the payment of the City's
contributory share to Public Employees' Retirement Association.
2 General Fund Levy included all fiscal disparities distribution amounts.
4. The budget for the Housing and Redevelopment Authority of Richfield for the year
2014 is hereby ratified and approved. There is hereby levied upon all taxable
property in the City of Richfield a direct ad valorem tax in the year 2013, payable
in 2014 for the following purposes:
PURPOSE AMOUNT
Housing and Redevelopment Authority $471,424
5. A certified copy of this resolution shall be transmitted to the County Auditor.
Adopted by the City Council of the City of Richfield, Minnesota this 10th day of
December 2013.
CCe-'
Debbie Goettel, Mayor
ATTEST:
Nancy Gi s City Clerk