HomeMy WebLinkAboutResolution - 2011-76 - Proposed 2012 Property Tax & HRA Levy & Budget - 09/06/2011 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2011-76
A RESOLUTION ADOPTING THE CITY'S PROPOSED 2012 PROPERTY TAX
LEVIES,ACCEPTING A PROPOSED BUDGET FOR GENERAL OPERATIONS AND
TAX-SUPPORTED OBLIGATIONS FOR 2012,AND CONSENT AND
APPROVE THE 2012 HRA LEVY
WHEREAS, the City Council of the City of Eden Prairie has reviewed the City Manager's
recommended 2012 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 2012 budget.
Levy on Tax Capacity $30,908,990
Levy on Market Value 1,350.000
Total LEVY $32,258,990
The proposed total Levy may not be exceeded when the City Council sets the final tax levy for
2012.
2. Accepts the 2012 proposed levy of$32,258,990 and proposed budget totaling$38,345,174 at
this time.
3. Consents and approves the 2012 HRA tax levy of$200,000.
:ADOPTED by the City Council on September 6, 201 L
N cy a- ayor
.ATTEST:
Ka leen Porta,City Clerk