HomeMy WebLinkAboutResolution - 2013-107 - Certifying 2014 Tax Levy & Adopting 2014 Budget - 12/03/2013 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2013-107
A RESOLUTION CERTIFYING THE 2014 TAX LEVY
AND ADOPTING THE 2014 BUDGET
WHEREAS,the City Council has reviewed the budget recommended by the City Manager,listened
to public comment, and discussed the proposals and tax levy for the 2014 Budget.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL of the City of Eden
Prairie, County of Hennepin, Minnesota, that the following sums of money be levied upon the
taxable property in said City for the following purposes:
Taxes to be Levied Against Tax Capacity
General Fund $ 30,147,420
Capital Improvements 92,591
Bonds and Interest
2005A Special Assessment Bond 109,000
2006B Building Bond 355,000
2008A Equipment Certificates 425,000
2009B Equipment Certificates 550,000
2009C Public Facility Bonds 200,000
2011B Equipment Certificates 96,100
Tax Capacity Levy for Certification 31,975,111
Less Fiscal Disparities Distribution 1,591,885
Net Tax Collectible 30,383,226
Taxes to be Levied Against Market Value
2003C Refunding Open Space Bonds 40,000
2005C Park Bonds 200,000
2006A Park Bonds 700,000
2011 C Park Bonds 40,000
2012A Park Bonds 65,000
Market Value Tax Levy for Certification 1,045,000
Total Net Tax Collectible $ 31,428,226
Funds have been provided for principal and interest payments on all bond issues except as shown
above, and no other levies are required (as shown in Exhibit 2).
BE IT FURTHER RESOLVED that,with the conclusion of the Proposed Property Tax and Budget
Hearing process, the City Council approves the 2014 Budget totaling $43,497,285.
BE IT FURTHER RESOLVED that the council consents and approves the 2014 HRA tax levy of
$200,000.
ADOPTED by the Eden Prairie City Council this 3rd day of December, 2013.
N n y Werrs1, a7or
ATTEST:
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Kat een Porta, City Clerk