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HomeMy WebLinkAboutResolution - 2016-96 - Adopt Proposed 2017 Tax Levy , Budget and HRA Levy - 09/06/2016 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2016-96 A RESOLUTION ADOPTING THE CITY'S PROPOSED 2017 PROPERTY TAX LEVIES, ACCEPTING A PROPOSED BUDGET FOR GENERAL OPERATIONS AND TAX-SUPPORTED OBLIGATIONS FOR 2017, AND CONSENTING AND APPROVING THE 2017 HRA LEVY WHEREAS, the City Council of the City of Eden Prairie has reviewed the City Manager's recommended 2017 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 2017 budget. Levy on Tax Capacity $ 34,836,841 Levy on Market Value 875,000 Total LEVY $ 35,711,841 The proposed total Levy may not be exceeded when the City Council sets the final tax levy for 2017. 2. Accepts the 2017 proposed levy of$35,711,841 and proposed budget totaling $47,130,983 at this time. 3. Consents and approves the 2017 HRA tax levy of$200,000. ADOPTED by the City Council on September 6, 2016. N TX a-Lti ayor ATTEST: /4 Ka leen Porta, City Clerk