90-7664R25
RESOLUTION NO. 7664
RESOLUTION ADOPTING A PROPOSED BUDGET AND TAX LEVY
FOR THE YEAR 1991
WHEREAS, the Minnesota Truth in Taxation law provides for a
proposed tax levy to be certified to the County Auditor by
September 1, and then recertified before December 20.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Richfield, Minnesota as follows:
1. The proposed budget for the City of Richfield for the
year 1991 is hereby approved and adopted with
appropriations for each of the departments to be as
follows:
GENERAL FUND
Legislative
Executive
Administrative Services
Community Development
Public Safety
Community Services
TOTAL GENERAL FUND
$ 178,290
495,980
1,075,530
290,080
6,076,570
4, 385, 300
$12,501,750
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 1991,
which are more fully detailed in the City Manager's
official copy of the proposed budget, are hereby found
and determined to be as follows:
GENERAL FUND $12,501,750
3. There is hereby levied upon all taxable property in the
City of Richfield a direct ad valorem tax in the year
1990, payable in 1991 for the following purposes and in
the following amounts:
PURPOSE AMOUNT
GENERAL FUND* $ 6,443,140
*Provision has been made in the General Fund for the
payment of the City's contributory share to the Public
Employees' Retirement Association and the Police and
Fire 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
$205,600 for bonds of 1977 and 1983. See separate
resolution on other bond issues.
Resolution No. 7664
Page 2
4.
The budget for the~Housing and Redevelopment Authority
of Richfield for t e year 1991 is hereby ratified and
approved. There i~ hereby levied upon all taxable
property in the City of Richfield a direct ad valorem
tax in the year 1990, payable in 1991 for the following
purposes:
PURPOSE ~ AMOUNT
Housing and Redevelopment
Authority '~ $ 154,477
Relocation Information,
Services and Assistance $ 15,330
5. A certified copy of this resolution shall be
transmitted to the'County Auditor.
PASSSD by the City Council of
Minnesota, this 27th day of ',August,
ATTEST:
~ ~~',~
Thomas P. Ferber City Clerk