12-12 Resolution No. 12157RESOLUTION NO. 12157
RESOLUTION AUTHORIZING ESTABLISHMENT OF NEW SPECIAL REVENUE
FUNDS TO TRACK STATE PUBLIC SAFETY AID FUNDS.
WHEREAS, the City of Richfield is eligible to receive $1,604,296 from the one-
time public safety aid included in 2023 MN State omnibus tax bill; and
WHEREAS, these funds are earmarked to provide public safety, including
various programs and activities.
WHEREAS, for transparency, compliance and accurate tracking of revenue and
expenditures, staff recommends the establishment of a new special revenue fund; and
WHEREAS, Section 7.12 of the City Code requires Council approval by
resolution of the establishment of new funds in the City of Richfield budget; and
WHEREAS, staff recommends the establishment of the funds in 202 3.
NOW, THEREFORE, BE IT RESOLVED the City Council approves the
establishment of a new fund for the City’s Public Safety Aid Funds, for transparent and
accurate tracking of financial activity.
Adopted by the City Council of the City of Richfield, Minnesota this 12th day of
December, 2023.
Mary Supple, Mayor
ATTEST:
Dustin Leslie, City Clerk