HomeMy WebLinkAboutResolution No. 2024-61 Preliminary Levy 2025RESOLUTION NO. 2024-61
A RESOLUTION ADOPTING THE PROPOSED
BUDGET FOR THE CITY OF EDINA FOR YEAR 2025,
AND ESTABLISHING THE PROPOSED
TAX LEVY PAYABLE IN 2025
THE CITY COUNCIL OF THE CITY OF EDINA, MINNESOTA, DOES RESOLVE AS FOLLOWS:
Section I. 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 $48,858,215
FOR CONSTRUCTION FUND $7,072,000
LEVY FOR PAYMENT OF CIP PLAN BONDS — SERIES 20I6A (Fire) $406,000
LEVY FOR PAYMENT OF CIP PLAN BONDS — SERIES 2021 B (PW) $1,512,000
LEVY FOR PAYMENT OF CIP PLAN BONDS — SERIES 2024A (Fire) $1,133,449
LEVY FOR PAYMENT OF CIP PLAN BONDS — SERIES 2024B (Fire) $763,090
LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS — SERIES 2014 (Dome) $1,165,100
LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS — SERIES 20I5A (Gym) $398,000
TOTAL TAX CAPACITY LEVY $61,307,854
Section 2. That the preliminary 2025 budget for the City of Edina is as follows:
TOTAL REVENUES — GOVERNMENTAL FUNDS
TOTAL EXPENDITURES — GOVERNMENTAL FUNDS
TOTAL REVENUES — ENTERPRISE FUNDS
TOTAL EXPENDITURES — ENTERPRISE FUNDS
TOTAL REVENUES — INTERNAL SERVICE FUNDS
TOTAL EXPENDITURES — INTERNAL SERVICE FUNDS
$96,932,890
$118,001,356
$62,185,054
$66,605,411
$ 10,749,823
$ 9,385,781
App mber 2024.
Attes
ison, City Clerk ames 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 17, 2024, and
as recorded in the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this day of , 20 .
City Clerk
CITY OF EDINA
4801 West 50th Street • Edina, Minnesota 55424
www.EdinaMN.gov • 952-927-8861 • Fax 952-826-0390