HomeMy WebLinkAboutResolution - 2018-103 - 2019 Property Tax Levy, Budget and HRA Levy - 09/04/2018 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY,MINNESOTA
RESOLUTION NO. 2018-103
A RESOLUTION ADOPTING THE CITY'S PROPOSED 2019 PROPERTY TAX
LEVIES,ACCEPTING A PROPOSED BUDGET FOR GENERAL OPERATIONS AND
TAX-SUPPORTED OBLIGATIONS FOR 2019,AND CONSENTING AND
APPROVING THE 2019 HRA LEVY
WHEREAS, the City Council of the City of Eden Prairie has reviewed the City Manager's
recommended 2019 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 2019 budget.
Levy on Tax Capacity $ 37,432,724
Levy on Market Value 846,000
Total LEVY $ 38,278,724
The proposed total Levy may not be exceeded when the City Council sets the final tax levy for
2019.
2. Accepts the 2019 proposed levy of$38,278,724 and proposed budget totaling$50,054,720 at
this time.
3. Consents and approves the 2019 HRA tax levy of$200,000.
ADOPTED by the City Council on September 4, 2018.
yr s ayor
ATTEST:
Kat een Porta, City Clerk