00-8977r
9
RESOLUTION NO. 8977
RESOLUTION ADOPTING A PROPOSED BUDGET AND TAX LEVY
FOR THE YEAR 2001
WHEREAS, the Minnesota Truth in Taxation law provides for a proposed tax levy
to be certified to the County Auditor by September 15, 2000 and then recertified before
December 31,2000.
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 2001 is hereby approved and
adopted with appropriations for each of the departments to be as follows:
General Fund
Leg islative/Executive
Administrative Services
Public Safety
Fire
Community Development
Public Works
Recreation Services
Transfers
TOTAL GENERAL FUND
$ 748,710
1,152,950
6,969,090
2,089,040
278,710
3,179,490
1,521,260
15,000
$15,954,250
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
2001 which are more fully detailed in the City Manager's official copy of the
2001 budget, are hereby found and determined to be as follows:
TOTAL GENERAL FUND $ 15,954,250
3. There is hereby levied upon all taxable property in the City of Richfield a
direct ad valorem tax in the year 2000, payable in 2001 for the following
purposes and in the following amounts:
PURPOSE
GENERAL FUND1
AMOUNT
$ 28,414,500
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 and HACA
amounts.
4. The budget for the Housing and Redevelopment Authority of Richfield for the
year 2001 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
2000, payable in 2001 for the following purposes:
PURPOSE
Housing and Redevelopment
Authority
AMOUNT
$ 208,000
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 11th day of
December, 2000.
ATTEST:
\
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Deborah J. Gui
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Martin J. KI , Mayor