09-10319rRESOLUTION NO. 10319
RESOLUTION ADOPTING A PROPOSED BUDGET AND TAX LEVY
FOR THE YEAR 2010
WHEREAS, the Minnesota Truth in Taxation law provides for a proposed tax levy to
be certified to the County Auditor by September 15, 2009 and then recertified before
December 28, 2009.
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 2010 is hereby approved and
adopted with appropriations for each of the departments to be as follows:
General Fund
Legislative/Executive $ 744,600
Administrative Services 1,099,470
Public Safety 7,365,390
Fire Services 3,253,220
Community Development 1,096,270.
Public Works 4,057,790
Recreation Services 1,564,940
TOTAL GENERAL FUND $19,181,680
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 2010 which are
more fully detailed in the City Manager's official copy of the 2010 budget, are
hereby found and determined to be as follows:
TOTAL GENERAL FUND $19,181,680
3. There is hereby levied upon all taxable property in the City of Richfield a direct ad
valorem tax in the year 2009, payable in 2009 for the following purposes and in
the following amounts:
PURPOSE AMOUNT
General Fun $12,843,4652
Debt Service 2,174,165
Cedar Point Tax Abatement 237,290
2008 LGA Unallotment Levy 33,101
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
2010 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 2009, payable
in 2010 for the following purposes:
PURPOSE
AMOUNT
Housing and Redevelopment Authority $594,292
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 8th day of
December 2009.
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Debbie Goettel, Mayor
ATTEST:
Nancy Gibbs, ity Clerk