89-7532R93
RESOLUTION N0. 7532
RESOLUTION ADOPTING A BUDGET FOR THE YEAR 1990
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 1990
is hereby approved and adopted with appropriations for
each of the departments to be as follows:
GENERAL FUND
Legislative S 248,230
Executive 424,070
Administrative Services 999,340
Community Development 284,710
Public Safety 5,923,050
Community Services 4,310.240
TOTAL GENERAL FUND 512,189,640
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 1990, 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
512,113,870
3. There is hereby levied-upon all taxable property in the
City of Richfield a direct ad valorem tax in the year
1989, payable in 1990 for the following purposes and in
the following amounts:
PURPOSE
GENERAL FUND*
AMOUNT
55,215,961
*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 5250,000 for Bonds of 1977, 1978
and 1983. See separate resolutions on other bond issues.
4. The budget for the Hous ng and Redevelopment Authority of Richfield
for the year 1990 is hereby ra~ified and approved. There is hereby levied
upon all taxable property in the~City of Richfield a direct ad valorem tax in
the year 1989, payable in 1990 f r the following purposes:
PURPOSE AMOUNT
Housing and Redevelopme t Authority 593,584
Relocation Information,.Services and
Assistance S 9,243
5. A certified copy of this resolution shall be transmitted
to the County Auditor.
Passed by the City Council of t
of July, 1989.
City of Richfield, Minnesota, this 31st day
ATTEST:
Thomas P. Ferber City Clerk