92-7936R88
RESOLUTION N0.7936
RESOLUTION ADOPTING A BUDGET FOR THE YEAR 1993
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 1993
is hereby approved and adopted with appropriations for
each of the departments to be as follows:
GENERAL FUND
Legislative 176,250
Executive 400,650
Administrative Services 851,570
Community Development 241,760
Public Safety 6,297,880
Community Services 3,916,190
TOTAL GENERAL FUND 11,884,300
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 1993, 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
11,884,300
3. There is hereby levied upon all taxable property in the
City of Richfield a direct ad valorem tax in the year
1992, payable in 1993 for the following purposes and in
the following amounts:
PURPOSE
GENERAL FUND*
AMOUNT
$7,122,366
*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 levying in the amount
of $350,067 for Bonds of 1972, 1977, 1978, 1983,and 1985. See
separate resolutions on other bond issues.
4. The budget for the Housing and Redevelopment Authority of
Richfield for the year 1993 is hereby ratified and approved. There
is hereby levied upon all taxa~le property in the City of Richfield a
direct ad valorem tax in the year 1992, payable in 1993 for the
following purposes:
PURPOSE I AMOUNT
Housing and Redevelopment Authority $150,987
Relocation Information, Services and
Assistance ', $ 14,983
5. A certified copy of th'~is resolution shall be transmitted
to the County Auditor.l,
Passed by the City Council of 'the City of Richfield, Minnesota, this
9th day of December, 1992. ',
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Martin J. isch Mayor