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HomeMy WebLinkAboutResolution - 2017-93 - Adopt 2018 Tax Levies, Budget and HRA Levy - 09/05/2017 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2017-93 A RESOLUTION ADOPTING THE CITY'S PROPOSED 2018 PROPERTY TAX LEVIES, ACCEPTING A PROPOSED BUDGET FOR GENERAL OPERATIONS AND TAX-SUPPORTED OBLIGATIONS FOR 2018,AND CONSENTING AND APPROVING THE 2018 HRA LEVY WHEREAS, the City Council of the City of Eden Prairie has reviewed the City Manager's recommended 2018 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 2018 budget. Levy on Tax Capacity $ 36,274,820 Levy on Market Value 875,000 Total LEVY $ 37,149,820 The proposed total Levy may not be exceeded when the City Council sets the final tax levy for 2018. 2. Accepts the 2018 proposed levy of$37,149,820 and proposed budget totaling$48,767,526 at this time. 3. Consents and approves the 2018 HRA tax levy of$200,000. ADOPTED by the City Council on September 5, 2017. T a L e , Mayor ATTEST: /I&V;e"fl .")�& Ka een Porta, City Clerk