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HomeMy WebLinkAboutResolution - 91-199 - Establish Proposed 1992 Property Tax Levy and Set Public Hearing Date for Tax Levy and Budget - 08/27/1991 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 91-199 A RESOLUTION ESTABLISHING THE PROPOSED 1992 PROPERTY TAX LEVY AND SETTING DATES FOR THE PUBLIC HEARINGS ON THE PROPOSED 1992 PROPERTY TAX LEVY AND BUDGET WHEREAS, Minnesota Statute 272.065 specifies the procedure for local units of government to establish their property tax levies and adopt their budgets; and WHEREAS, the Eden Prairie City Council has studied its needs for services to deliver and debt obligations to meet in 1992; and WHEREAS, the. City Council has authority to levy $13,245,000 in taxes against properties in Eden Prairie for general operations and other financial obligations; NOW BE IT RESOLVED by the Council of the City of Eden Prairie that it approves the proposed 1992 budget of $15,947,500 and that the proposed 1992 property tax levy be $13,245,000 an amount 4.3 percent greater than the levy for 1991, an amount which may not be exceeded when the Council adopts its final budget for 1992; and BE IT FURTHER RESOLVED that the Council set November 26, 1991 as the date for its Truth-In-Taxation public hearing and December 10, 1991 as the date to reconvene the hearing, if necessary. ADOPTED this 27th day of Au s , 199 10A Douglas B enpas, Mayor J n Frane, City Clerk