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HomeMy WebLinkAboutResolution - 2015-87 - Adopt 2016 Property Tax Levies, Proposed Budget and 2016 HRA Levy - 09/01/2015 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2015-87 A RESOLUTION ADOPTING THE CITY'S PROPOSED 2016 PROPERTY TAX LEVIES, ACCEPTING A PROPOSED BUDGET FOR GENERAL OPERATIONS AND TAX-SUPPORTED OBLIGATIONS FOR 2016, AND CONSENTING AND APPROVING THE 2016 HRA LEVY WHEREAS, the City Council of the City of Eden Prairie has reviewed the City Manager's recommended 2016 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 2016 budget. Levy on Tax Capacity $33,785,874 Levy on Market Value 875,000 Total LEVY $34,660,874 The proposed total Levy may not be exceeded when the City Council sets the final tax levy for 2016. 2. Accepts the 2016 proposed levy of$34,660,874 and proposed budget totaling$45,877,812 at this time. 3. Consents and approves the 2016 HRA tax levy of$200,000. ADOPTED by the City Council on September 1, 2015. anti yra- yor ATTEST: 1�k" &,) /4 K leen Porta, City Clerk