93-8083r40
RESOLUTION NO. 8083
RESOLUTION ADOPTING A BUDGET FOR THE YEAR 1994
AND LEVYING TAXES
BE IT RESOLVED the City Council of the. City of Richfield as follows:
1. The budget for the City of Richfield for the year 1994
is hereby approved and adopted with appropriations for
each of the departments to be as follows:
GENERAL FUND
Legislative $ 174,740
Executive 419,890
Administrative Services 919,150
Community Development 256,680
Public. Safety 6,559,800
Community Services 3,822,360
TOTAL GENERAL FUND 12,152,620
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 1994, 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
12,152,620
3. There is hereby levied upon all taxable property in the
City of Richfield a direct ad valorem tax in the year
1993, payable in 1994 for the following purposes and in
the following amounts:
PURPOSE
GENERAL FUND*
AMOUNT
$7,293,600
*Provision has been made in the General Fund for the payment
of the City's contributory share to Public Employees'
Retirement Association and Fireman's Relief Associations.
Provision has also been made in the General Fund revenues for a
general levy that includes a debt service levy in the amount
of $250,000 for Bonds of 1977 and 1983. See separate
resolutions on other bond issues.
4. The budget for the Housing and Redevelopment Authority of
Richfield for the year 1994 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 1993, payable in 1994 for the
following purposes:
PURPOSE
AMOUNT
Housing and Redevelopment Authority $143,392
Relocation Information, Services and
Assistance $ 14,726
5. A certified copy of this resolution shall be transmitted
to the County Auditor.
Passed by the City Council of the City of Richfield, Minnesota, this
13th day of December, 1993.
Martin J K rsch Mayor
ATTEST:
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Thomas P. Ferber City Clerk