HomeMy WebLinkAboutResolution - 94-141 - Adopting Proposed 1995 Tax Levies, Setting Dates(s) for Truth in Taxation Hearings and Accepting Proposed Budget - 09/06/1994 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 9 4 - 14 1
A RESOLUTION ADOPTING THE CITY'S PROPOSED 1995 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 1995
WHEREAS, the City Council of the City of Eden Prairie has reviewed the City
Manager's recommended 1995 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) Established the following proposed taxes on real and personal
property within the City of Eden Prairie for the 1995 Budget:
Net Levy on Tax Capacity $13 ,493,000
Levy on Market Value 407 ,000
Total NET LEVY $13 ,900, 000
(The NET LEVY excludes $642,272 in Homestead and Agricultural
Credit Aid [HACA] , and $692, 056 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 1995.
2) Sets the following dates for the "Truth-in-Taxation" public
hearings on the proposed 1995 tax levy and budget:
Public Hearing: Tuesday, November 29, 1994
7:30 PM, Council Chamber
Eden Prairie City Center
8080 Mitchell Road
Reconvened Public Hearing: Thursday, December 8, 1994
Same time and location
If the public hearing is completed and closed on November 29, the
Council will consider action on the 1995 final tax levy and
budget at its regularly-scheduled meeting on December 6, 1994.
3) Accepts the 1995 proposed levy of $13,900,000 and proposed budget
totalling $22, 027, 100 at this t'
Adopted by the City Counc' epte er K6, 19
Attest: Dougla B. Tenpas, May r
Dlvzl_�_
J . Frane, City Clerk