HomeMy WebLinkAboutResolution - 2001-184 - 2002 Proposed Budget and Tax Levy - 12/04/2001 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, IVIINNESOTA
RESOLUTION NO. 2001-184
A RESOLUTION CERTIFYING THE 2001 TAX LEVY, COLLECTIBLE IN 2002,
AND ADOPTING THE 2002 GENERAL FUND 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 2002 General Fund
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 the following purposes:
Taxes to be levied against tax capacity
General Fund $22,138,567
Equipment Revolving Fund 614,800
Bonds and Interest
1999A Equipment Certificates 20,000
1995 Improvement Refunding Bonds 500,000
1995 Building Refunding Bond 198,000
1997A Improvement Refunding Bonds 788,000
2000A Public Facility Bonds 389,000
2002 Public Facility Bonds 231,000
2002 Equipment Certificates 150,000
Net tax capacity levy for certification $25,029,367
Less Fiscal Disparities distribution 1,113,083
Net tax collectible in 2002 $23,916,284
Taxes to be levied against market value
1992 & 1993 Park Bonds $ 435,000
1994 Open Space Bonds 176,000
Market value tax levy
for certification $ 611,000
Total net tax collectible in 2001 $24,527,284
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 1).
BE IT FURTHER RESOLVED that, with the conclusion of the Proposed Property Tax and
Budget Hearing process, the City Council approves the 2002 Budget for the General Fund and
Debt Service Obligations totaling $31,230,431.
ADOPTED by the Eden Prairie City Council this 4th day of December,2001.
can L.Hams,Mayor
ATTEST:
A�1 � A&
Kathl n Porta, City Clerk