94-8184r46
RESOLUTION NO. 8184
RESOLUTION ADOPTING A PROPOSED BUDGET AND TAX LEVY
FOR THE YEAR 1995
WHEREAS, the Minnesota Truth in Taxation law provides for a
proposed tax levy to be certified to the County Auditor by
September 15, 1994, and then recertified before December 31,
1994.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Richfield as follows:
1. The proposed budget for the City of Richfield
year 1995is hereby approved and adopted with
appropriations foreach of the departments to
follows:
GENERAL FUND
Legislative $ 179,740
Executive 422,850
Administrative Services 897,730
Community Development 259,950
Public Safety 6,723,300
Community Services 4,154,570
TOTAL GENERAL FUND 12,638,140
for the
be as
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 1995, which are more
fully detailed in the City Manager's official copy of the
budget, are hereby found and determined to be as follows: ~
TOTAL GENERAL FUND
$12.638.140
3. There is hereby levied upon all taxable property in the
City of Richfield a direct ad valorem tax in the year
1994, payable in 1995 for the following purposes and in
the following amounts:
PURPOSE
GENERAL FUND*
*Provision has been made in the General Fund
of the City's contributory share to Public
Retirement Association and Fireman's Relief
All authorized levies for debt service will
there are sufficient funds available to pay
and interest. See separate resolutions for
cancellation of the tax levies.
AMOUNT
$7,452,200
for the payment
Employees'
Association.
be canceled as
1995 principal
the
Resolution No. 8184
Page 2
4. The proposed budget for the Housing and Redevelopment
Authority of Richfield for the year 1995 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 1994, payable in 1995 for the following purposes:
PURPOSE
AMOUNT .
Housing and Redevelopment Authority $152,160
Relocation Information, Services and
Assistance $ 15,100
5. A certified copy of this resolution shall be transmitted
to the County Auditor.
6. The Truth in Taxation public hearings shall be set for
7:00 p.m. December 7, 1994 with a continuation hearing•at
7:00 p.m. December 14, 1994, if necessary.
Passed by the City Council of the City of Richfield, Minnesota, this
12th•day of September, 1994. _
r
ti
Martin J. K' sch Mayor
ATTEST:
Thomas P. Ferber City Clerk