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HomeMy WebLinkAboutResolution No. 2022-84 Establishing Tax Levy Payable in 2023RESOLUTION NO. 2022-84 A RESOLUTION ADOPTING THE PROPOSED BUDGET FOR THE CITY OF EDINA FOR YEAR 2023, AND ESTABLISHING THE PROPOSED TAX LEVY PAYABLE IN 2023 THE CITY COUNCIL OF THE CITY OF EDINA, MINNESOTA, DOES RESOLVE AS FOLLOWS: Section 1. That there is proposed to be levied upon all taxable real and personal property in the City of Edina, a tax rate sufficient to produce the amount as follows: FOR GENERAL FUND $39,820,200 FOR CONSTRUCTION FUND $6,560,400 LEVY FOR PAYMENT OF CIP PLAN BONDS – SERIES 2016A (Fire) $403,000 LEVY FOR PAYMENT OF CIP PLAN BONDS – SERIES 2021B (PW) $1,269,000 LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS – SERIES 2014 (Dome) $1,166,000 LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS – SERIES 2015A (Gym) $392,000 TOTAL TAX CAPACITY LEVY $49,610,600 Section 2. That the preliminary 2023 budget for the City of Edina is as follows: TOTAL REVENUES – GOVERNMENTAL FUNDS $82,485,325 TOTAL EXPENDITURES – GOVERNMENTAL FUNDS $82,456,086 TOTAL REVENUES – ENTERPRISE FUNDS $58,007,909 TOTAL EXPENDITURES – ENTERPRISE FUNDS $54,541,151 TOTAL REVENUES – INTERNAL SERVICE FUNDS $ 6,991,192 TOTAL EXPENDITURES – INTERNAL SERVICE FUNDS $ 6,875,810 Approved this 20th day of September 2022. Attest: Sharon Allison, City Clerk James B. Hovland Mayor STATE OF MINNESOTA ) COUNTY OF HENNEPIN ) SS CITY OF EDINA ) CERTIFICATE OF CITY CLERK I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that the attached and foregoing Resolution was duly adopted by the Edina City Council at its Regular Meeting of September 20, 2022, and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this ___ day of Sept, ____. _______________________________ City Clerk