HomeMy WebLinkAboutResolution - 2020-87 - 2021 Proposed Property Tax Levy & Budget & HRA Tax Levy - 09/15/2020CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2020-87
A RESOLUTION ADOPTING THE CITY'S PROPOSED 2021 PROPERTY TAX
LEVIES, ACCEPTING A PROPOSED BUDGET FOR GENERAL OPERA TIO NS AND
TAX-SUPPORTED OBLIGATIONS FOR 2021, AND CONSENTING AND
APPROVING THE 2021 HRA LEVY
WHEREAS, the City Council of the City of Eden Prairie has reviewed the City Manager's
recommended 2021 budget and tax levies; and
WHEREAS, the City Council has decided to accept these recommendations at this time.
NOW, THEREFORE, BE IT RESOLVED that the City Council:
1. Establishes the following proposed taxes on real and personal property within the City of
Eden Prairie for the 2021 budget.
Taxes to be Levied Against Tax Capacity
General Fund
Capital Improvements
Bonds and Interest
2012B South West Fire Station
2014A Tax Abatement Bonds
Tax Capacity Levy for Certification
Less Fiscal Disparities Distnbution
Net Tax Collectible
Taxes to be Levied Against Market Value
2012A Park Bonds
Market Value Tax Levy for Certification
Tax Abatement
Total Net Tax Collectible
$ 38,061,490
400,000
280,000
0
38,741,490
2,233,830
36,507,660
876,000
876,000
1,397,000
$ 38,780,660
Funds have been provided for principal and interest payments on all bond issues except as shown
above, and no other levies are required (as shown in Exhibit 2).
The proposed total Levy may not be exceeded when the City Council sets the final tax levy for 2021.
2. Accepts the 2021 proposed levy of$41,014,490 and proposed budgettotaling $53,055,474 at
this time.
3. Consents and approves the 2021 HRA tax levy of $200,000.
ADOPTED by the City Council on September 15, 2020.
Ronald A. Case, Mayor
ATTEST: