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Richfield OKs tax increase of almost 4 percent for 2012

The city's share of property taxes levied in RIchfield would increase 3.98 percent next year to pay for a budget approved Tuesday night by the City Council.

The city expects to spend about $19.95 million in 2012, according to the budget resolution, a 2.5 percent increase over this year.

The council also decreased the amount it plans to spend in 2011 at Tuesday's meeting, trimming $231,200 from its current budget because it expects to take in that much less in revenue.

Here's a breakdown of the budget for 2011 and the proposed budget for 2012:

 Department 2011 2012
Legislative/executive $745,290 $760,480
Administrative services 1,104,930 1,139,930
Public safety 7,596,430 7,803,320
Fire services 3,372,730 3,482,540
Community development 1,107,140 1,121,720
Public works 3,982,080 4,034,030
Recreation services 1,557,050 1,596,830
Transfers 15,960 13,680

 

 

 

 

 

 

 

 

The tax increase is a preminary figure. Under state law, the city can decrease the amount it proposes to take in property taxes but not increase it. The city's truth-in-taxation public hearing on the tax levy is scheduled for 7 p.m. Dec. 6 at City Hall.

The Hennepin County Board also anticipates a property tax increase, approving a maximum property tax levy of $676.1 million, 1 percent higher than the 2011 levy.

 

 

 

 

 

 

 

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Top City Paychecks

The City of Richfield's three highest paid employees for 2012:
$141,086.40 - City Manager Steve Devich
$121,492.80 -
Public Works Director Mike Eastland
$121,492.80 -
Public Safety Director Barry Fritz
Source: City of Richfield Website

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