Truth in Taxation Hearing - November 26, 2024
Sunday, April 13, 2025
2025 Property Tax Levy
2024 Revised and 2025 Proposed City Budget
Proposed 2025 Utility Rates
Truth in Taxation Public Hearing
Capital Improvement Projects (Woodlake Nature Center, Veterans Park)
Staffing additions (7.5 FTEs)
General Fund Expenditure Analysis
Revenue and State Aid projections
Votes (3)
Close the public hearing
PassedUnanimous voice vote
Moved by Mayor · Seconded by Council Member
Schedule final action on 2025 tax levy/budget for December 10, 2024
PassedUnanimous voice vote
Moved by Mayor · Seconded by Council Member
Adjourn the hearing
PassedUnanimous voice vote
Moved by Mayor · Seconded by Council Member
Notable Quotes (2)
This item is to conduct a truth in taxation public hearing regarding the 2025 property tax levy in 2024 revised and 2025 proposed budget as well as the proposed 2025 utility rates.
Hearing PurposeOpening the public hearing item.
The proposed Levy would increase annual tax of $86 on average Richfield household equating to a monthly impact of approximately $7.17.
Property TaxesPresenting the tax impact on residents.
People (3)
MayorMayor of Richfield
Presiding over the Truth and Taxation hearing.
Council Member WhanCouncil Member
Introduced the budget item and truth in taxation context.
Director VermaFinance Director
Delivered the financial presentation on the city's budget and levies.
Places Mentioned
Richfield City HallWoodlake Nature CenterVeterans ParkHighway 62
Events & Meetings (3)
- November 26, 2024, 6:33 PM (Public Hearing)
- September 10, 2024 (Preliminary Levy Adoption)
- December 10, 2024 (Final Budget and Levy Approval)