1973-5086rRESOLUTION No, 5086
RESOLUTION ADOPTING A BUDGET FOR THE yEAR 1974 AND LEVYT.NG
TAXES
BE IT RESOLVED by the City Council of the City of Richfield as follows:
Section to The budget for the City of Richfield for the year 1974 is hereby approved
and adopted with. appropriations for each of the departments to be as follows:
GENERAL FUND
Mayor~Council $ 31,608
Executive 109,898
Legal 48,210
Finance 284,175
Planning 30,470
Public Safety 1,398,657
Public Works 828,611
Health 93,103
Parks and Recreation 668,389
Unallocated 177,775
TOTAL GENERAL FUND $3,670,896
REVENUE SHARING
TRUST FtlND $ 153,916
Section 2, `l1`he estimated gross revenue of the City of Richfield from all sources,
including general ad valorem tax levies as hereinafter set forth for the year 1974,
including prior years levies budgeted for 1974, as the same are more fully detailed
in the city manager's official copy of the 1974 budget, are hereby found a•nd deter
mines to be as followso
GENERAL FUND $3,670,896
REVENUE sxARING
TRUST FUND $ 310,829
Section 3o T~rere is hereby levied upon all taxable property in the City of Richfield
a direct ad valorem tax in the year 1973, payable in 1974, for the following purposes
and in the following amountso
PURPOSE AMOUNT
GENERAL FUN'0 $1,965,000
BOND AND TN`I`ERE~T ~ None
%~ Previously certified by deferred levy, see separate cancellation resolutions.
Resolution 1Vo, 5086 (continued _ 2 m
Provision has been made in the General Fund for payment of the city°s
contributory share to Public Employees° Retirement Association, and the
police and firemen°s relief associationsa Provision has also been
made in the General Fund revenues for receipt of the State Sales and
Excise Tam local government aid distributions
Section ~e A certified copy of this resolution shall be transmitted to the County
Auditors
Passed by the city council of the City of Richfield this 9th day of October,
1973a
.% , ~,
'- Loren Z, l,aw Mayor
AT1'ES'f a
Thomas Je Mo ~ City Clerk
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