HomeMy WebLinkAboutResolution - 2000-149 - Adopting the City's Proposed 2001 Property Tax Levies, Setting the Date(S) for the "Truth-In-Taxation" Hearings, and Accepting a Proposed Budget for General Operations and Tax-Supported Obligations for 2001 - 09/05/2000 CITY OF EDEN PRAIRIE
]HENNEPIN COUNTY,NHNNESOTA
RESOLUTION 2000-149
A RESOLUTION ADOPTING THE CITY'S PROPOSED 2001 PROPERTY TAX LEVIES,SETTING THE
DATE(S)FOR THE"TRUTH-IN-TAXATION"HEARINGS,AND ACCEPTING A PROPOSED BUDGET
FOR GENERAL OPERATIONS AND TAX-SUPPORTED OBLIGATIONS FOR 2001
WHEREAS,the City Council of the City of Eden Prairie has reviewed the City Manager's recommended 2001
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 2001
budget.
Net Levy on Tax Capacity(City) $20,485,283
Levy on Market Value 614,000
Total NET LEVY $21,099,283*
* The NET LEVY excludes $690,295 in Homestead and Agriculture Credit Aid (HACA), and $954,746 in
distribution from the Metropolitan Tax-Base Sharing Pool(Fiscal Disparities).
The proposed total Net Levy may not be exceeded when the City Council sets the final tax levy for 2001.
2. Sets the following dates for the"Truth-in-Taxation"public hearings on the proposed 2001 tax levy and budget:
Public Hearing: Monday,December 4,2000
7:00 PM,Council Chambers
Eden Prairie City Center
8080 Mitchell Road
Reconvened Public Hearing: Tuesday,December 19,2000
6:00 PM,Council Chambers
Eden Prairie City Center
8080 Mitchell Road
If the public hearing is completed and closed on December 4,the Council will consider action on the 2001 tax levy
and budget at its regularly-scheduled meeting December 19,2000.
3. Accepts the 2001 proposed net levy of$21,099,283 and proposed budget totaling$28,905,873 at this time.
ADOPTED by the City Council on September 5,2000.
an L.Harris,Mayor
ATTEST:
d4t
kadfleen Porta,City Clerk