Loading...
HomeMy WebLinkAboutResolution - 2021-105 - Certifying 2022 Tax Levy and Adopting 2022 Budget and HRA Tax Levy - 12/07/2021CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION N0.2021-105 A RESOLUTION CERTIFYING THE 2022 TAX LEVY AND ADOPTING THE 2022 BUDGET WHEREAS, the City Council has reviewed the budget recormnend% d by the City Manager, listened to public comment, and discussed the proposals and tax levy for the 2022 Budget. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL of the City of Eden Prairie, County of Hennepin, Mimiesota, that the following sums of money be levied upon the taxable property in said City for the following purposes: Taxes to be Levied Against Tax Capacity General Fund Capital Improvements Bonds and Interest 2014A Tax Abatement Bonds 2020A Refiinding SouthWest Fire Station Bonds Tax Capacity Levy for Certification Less Fiscal Disparities Distribution Net Tax Collectible Taxes to be Levied Against Market Value 2020A Refunding Park Bonds Market Value Tax Levy for Certification Tax Abatement Total Net Tax Collectible $ 40,149,554 400,000 280,000 1058295554 2,494,942 38,334,612 905,000 905,000 1,368,000 $ 40,607,612 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 2022 Budget totaling $55,617,390. BE IT FURTHER RESOLVED that the council consents and approves the 2022 HRA tax levy of $200,000. ADOPTED by the Eden Prairie City Council this 7th day of December, 2021. �—— Ronald A. Case, Mayor ATTEST: Nicole Tingley, CA Clbk