HomeMy WebLinkAboutResolution - 2010-63 - Adopting 2011 Property Tax Levy and Proposed Budget - 09/07/2010 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2010-63
A RESOLUTION ADOPTING THE CITY'S PROPOSED 2011 PROPERTY TAX
LEVIES, ACCEPTING A PROPOSED BUDGET FOR GENERAL OPERATIONS AND
TAX-SUPPORTED OBLIGATIONS FOR 2011,AND CONSENT AND
APPROVE THE 2011 HRA LEVY
WHEREAS, the City Council of the City of Eden Prairie has reviewed the City Manager's
recommended 2011 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 2011 budget.
Levy on Tax Capacity $31,091,605
Levy on Market Value 1,670,000
Total LEVY $32,761,605
The proposed total Levy may not be exceeded when the City Council sets the final tax levy for
2011.
2. Accepts the 2011 proposed levy of$32,761,605 and proposed budget totaling$41,465,943 at
this time.
3. Consents and approves the 2011 HRA tax levy of$200,000.
ADOPTED by the City Council on September 7, 2010,
it Young, May
ATTEST:
Ka leen IPorta, City Clerk