12-14 Resolution No. 11910RESOLUTION NO. 11910
RESOLUTION ADOPTING A BUDGET AND TAX LEVY
FOR THE YEAR 2022
WHEREAS, the Minnesota Truth in Taxation law provides for a proposed tax levy
to be certified to the County Auditor by September 30, 2022 and then recertified before
December 28, 2021.
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 2022 is hereby approved and
adopted with appropriations for each of the departments to be as follows:
General Fund
Legislative/Executive
Administrative Services
Finance
Public Safety
Fire Services
Community Development
Public Works
Recreation Services
Transfers Out
TOTAL GENERAL FUND
$ 1,113,300
973,080
769,760
10, 926, 920
5,130, 730
1,802,120
4,751,100
2,151,320
250,000
$27,868,330
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
2022 which are more fully detailed in the City Manager's official copy of the
2022 budget, are hereby found and determined to be as follows:
TOTAL GENERAL FUND $27,868,330
3. There is hereby levied upon all taxable property in the City of Richfield a
direct ad valorem tax in the year 2021, payable in 2022 for the following
purposes and in the following amounts:
PURPOSE
AMOUNT
General Fund'
$20,067,061
Equipment
835,000
Economic Development Authority
556,823
Debt Service
3,668,535
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 includes all fiscal disparities distribution amounts.
4. The debt service tax levy is included as established in the bond documents
for each of the bonds.
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5. The budget for the Housing and Redevelopment Authority of Richfield for the
year 2022 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
2021, payable in 2022 for the following purposes:
PURPOSE
AMOUNT
Housing and Redevelopment Authority $649,960
6. 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 14th day of
December 2021.
Colicw jAke
Maria Regan Gonzalez, Mayor
ATTEST:
Kari Sinnin ,�ty "e k
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