99-8763r
20
RESOLUTION NO. 8763
RESOLUTION ADOPTING A BUDGET AND TAX LEVY
FOR THE YEAR 2000
WHEREAS, the Minnesota Truth in Taxation law provides for a proposed tax levy
to be certified to the County Auditor by September 15, 1999 and then recertified before
December 31,1999.
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 2000 is hereby approved and
adopted with appropriations for each of the departments to be as follows:
~eneral Fund
Legislative/Executive
Administrative Services
Public Safety
Community Development
Public Works
Recreation Services
Transfers
TOTAL GENERAL FUND
$ 686,560
1,009,820
8,250,330
252,380
3,309,650
1,464,880
118,320
$15,091,940
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
2000 which are more fully detailed in the City Manager's official copy of the
2000 budget, are hereby found and determined to be as follows:
TOTAL GENERAL FUND $ 15,091,940
3. There is hereby levied upon all taxable property in the City of Richfield a
direct ad valorem tax in the year 1999, payable in 2000 for the following
purposes and in the following amounts:
PURPOSE
GENERAL FUND1
AMOUNT
$ 28,171,762
1 Provision has been made in the Generai Fund for the payment of the City's
contributory share to Public Err.ployees' Ret;rement Association.
2 General Fund Levy included all fiscal disparities distribution and HACA
amounts.
4. The budget for the Housjng and Redevelopment Authority of Richfield for the
year 2000 is hereby ratifiect~nd approved. There is hereby levied upon all
taxable property in the City..of Richfield a direct ad valorem tax in the year
1999, payable in 2000 for th~ following purposes:
Ii";
PURPOSE
AMOUNT
Housing and Redevelopment
Authority
$ 195,250
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 13th day of
September, 1999.
ATTEST:
~i?~,
-
Thomas P. Ferber, City Clerk