88-7457R18
RESOLUTION N0. 7457
RESOLUTION ADOPTING A BUDGET FOR THE YEAR 1989
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 1989
is hereby approved and adopted with appropriations for
each of the departments to be as follows:
GENERAL FUND
Legislative $ 159,710
Executive 414,720
Administrative Services 949,060
Community Development 257,880
Public Safety 5,532,990
Community Services 4,105,080
TOTAL GENERAL FUND $11,419,440
Z. 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 1989, which are more
fully detailed in the City Manager's official copy of the
budget, are hereby found and determined to be as follows:
GENERAL•FUND
$11,419,440
3. There is hereby levied upon all taxable property in the
City of Richfield a direct ad valorem tax in the year
1988, payable in 1989 for the following purposes and in
the following amounts:
PURPOSE
GENERAL FUND*
AMOUNT
$5,270,457
*Provision has been made in the General Fund for the payment
of the City's contributory share to Public Employees'
Retirement Association and the Police and Fireman's Relief
Associations. Provision has also been made in the General
Fund revenues. for general a levy that includes a debt service
levying in the amount of $182,561 for Bonds of 1977, 1983
and 1985. See separate resolutions on other bond issues.
4. The budget for the Housing and Redevelopemnt Authority of Richfield
for the year 1989 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 1988, payable in 1989 for the following purposes:
PURPOSE '~, AMOUNT
Housing and Redevelopment Authority $140,000
Relocation Information, Services and
Assistance $ 12,730
5. A certified copy of this resolution shall be transmitted
to the County Auditor~~,.
Passed by the City Council of
of September, 1988.
ATTEST:
the City of Richfield, Minnesota, this 28th day
~~
Thomas P. Ferber City C1~'~rk
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