Funding to
operate all services provided to residents in Richfield
Township comes from property taxes, motor vehicle
license tax, gasoline tax, permissive motor vehicle
license tax, and zoning fees. Periodically inheritance
tax is also collected and income may be derived from
lease agreements as well. In 2005, a Joint Economic Development Agreement with Richfield
Village was reached which will produce additional income for the
Township.
Another major source of
income comes in the form of specific levies, which are
voted on by the residents. In Richfield’s case there are
currently 3 levies: 1 road and bridge levy, 1 police
protection levy, and 1
fire/EMS levy. The general inside levy is the same
throughout all communities and is the only levy that
residents do not vote on.
