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HomeMy WebLinkAboutResolution - 2020-106 - Ceritying 2021 Tax Levy and Adopting 2021 Budget and HRA Tax Levy - 12/01/2020CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2020-106 A RESOLUTION CERTIFYING THE 2021 TAX LEVY AND ADOPTING THE 2021 BUDGET WHEREAS, the City Council has reviewed the budget recommended by the City Manager, listened to public comment, and discussed the proposals and tax levy for the 2021 Budget. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL of the City of Eden Prairie, County of Hennepin, Minnesota, that the following sums of money be levied upon the taxable property in said City for the following purposes: Tax.es to be Levied Against Tax Capacity General Fund Capital Improvements Bonds and Interest 2012B South\Vest Fire Station 2014A Tax Abatement Bonds Tax Capacity Levy for Certification Less Fiscal Disparities Distribution Net Tax Collectible Taxes to be Le,-ied Against :Market Value 1011A Park Bonds ::\larket Yalue Tax Levy for Certification Tax Abatement Total Net Tax Collectible s 38,061,490 400,000 280,000 0 38,741,490 2,233,830 36,507,660 876,000 876,000 1=397,000 s 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). BE IT FURTHER RESOLVED that, with the conclusion of the Proposed Property Tax and Budget Hearing process, the City Council approves the 2021 Budget totaling $53,055,474. BE IT FURTHER RESOLVED that the council consents and approves the 2021 HRA tax levy of $200,000. ADOPTED by the Eden Prairie City Council this 1st day ofJ:?ecember, 2020. Ronald A. Case, Mayor /~-7 ATTEST: