11-26-2024 Special Council MeetingThe meeting was called to order by Mayor Supple at 6:33 p.m. in the Council Chambers.
Council Members Present:
Council Members
Absent:
Mary Supple, Mayor; Sharon Christensen; Sean Hayford
Oleary; and Ben Whalen
Simon Trautmann
Staff Present: Sack Thongvanh, Assistant City Manager; Mary Tietjen, City
Attorney; Kumud Verma, Finance Director; and Michelle
Friedrich, City Clerk. City Manager Katie Rodriguez was
excused.
ITEM #1
CONDUCT A TRUTH IN TAXATION PUBLIC HEARING REGARDING THE 2025
PROPERTY TAX LEVY AND 2024 REVISED/2025 PROPOSED BUDGET AND
PROPOSED 2025 UTILITY RATES.
Mayor Supple began the meeting and turned the discussion over to Council Member Whalen.
Council Member Whalen read the staff report and introduced Finance Director Verma to review the
presentation.
Finance Director Verma reviewed the timetable and key events of the Levy along with:
•Budget Update
•History of State aid
•City Reserves
•Forecast of City Reserves
•2025 Proposes Preliminary Levy
•Gross Tax Levy History
•2025 Proposed Levy Impact on the Average Richfield Home
•2025 Proposed General Fund Budget
•General Fund Budget Expenditure History
•General Fund Revenues
•2025 Proposed Budget General Fund Revenue
•General Fund Expenditures
•2025 Proposed Budget General Fund Expenditures
•Staffing Update
CITY COUNCIL MEETING MINUTES
Richfield, Minnesota
Special Council Meeting
November 26, 2024
CALL TO ORDER
City Council Meeting Minutes -2-November 26, 2024
•2025 Proposed Capital Budget
Council Member Whalen opened the public hearing. No residents participated in the comment
opportunity at the public hearing.
MOTION: made by Whalen, seconded by Hayford Oleary to close the public hearing.
Motion carried: 4-0
MOTION: made by Whalen, seconded by Hayford Oleary to schedule final action on the 2025
Property Tax Levy and 2024 Revised/2025 Proposed Budget, and Proposed 2025 Utility Rates at
the December 10, 2024, Council meeting.
Motion carried: 4-0
Mayor Supple thanked the Finance department and Finance Director Verma for the work they have
completed on the budget.
ITEM #2 ADJOURNMENT
MOTION: Made by Christensen, seconded by Whalen to adjourn the meeting at 6:47 p.m.
Motion carried: 4-0
Date Approved: December 10, 2024
Mary Supple
Mayor
Michelle Friedrich Katie Rodriguez
City Clerk City Manager