12-13-2022 Resolution No. 12039Resolution No. 12039 1
RESOLUTION NO. 12039
RESOLUTION ADOPTING A BUDGET AND TAX LEVY
FOR THE YEAR 2023
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, 2022.
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 2023 is hereby approved and
adopted with appropriations for each of the departments to be as follows:
General Fund
Legislative/Executive $ 1,148,816
Administrative Services 1,000,852
Finance 886,071
Public Safety 11,332,622
Fire Services 5,335,950
Community Development 1,781,890
Public Works 4,946,140
Recreation Services 2,251,430
Transfers Out 260,000
TOTAL GENERAL FUND $28,943,771
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
2023 which are more fully detailed in the City Manager’s official copy of the
2023 budget, are hereby found and determined to be as follows:
TOTAL GENERAL FUND $28,943,771
3.There is hereby levied upon all taxable property in the City of Richfield a
direct ad valorem tax in the year 2022, payable in 2023 for the following
purposes and in the following amounts:
PURPOSE AMOUNT
General Fund1 $21,236,477 2
Equipment 868,400
Economic Development Authority 579,096
Debt Service 4,100,600
1 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.
Resolution No. 12039 2
ATTEST:
Kari Sinning, City Clerk
4.The debt service tax levy is included as established in the bond documents
for each of the bonds.
5.The budget for the Housing and Redevelopment Authority of Richfield for the
year 2023 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
2022, payable in 2023 for the following purposes:
PURPOSE AMOUNT
Housing and Redevelopment Authority $675,960
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 13th day of
December 2022.
___________________________
Maria Regan Gonzalez, Mayor