HomeMy WebLinkAboutResolution No. 2017-135 2018 Budget & Levy RESOLUTION NO. 2017-135
RESOLUTION ADOPTING THE BUDGET FOR
THE CITY OF EDINA FOR THE YEAR 2018, AND
ESTABLISHING TAX LEVY PAYABLE IN 2018
THE CITY COUNCIL OF THE CITY OF EDINA MINNESOTA DOES RESOLVE AS FOLLOWS:
Section 1: The Budgets for all Governmental Funds as shown on Attachment A for the City of
Edina for the calendar year 2018 is hereby adopted and funds are hereby appropriated;
Section 2: The Budgets for all Enterprise Funds as shown on Attachment B for the City of Edina
for the calendar year 2018 is hereby adopted and funds are hereby appropriated therefore;
Section 3. That there will be levied upon all taxable real and personal property in the City of
Edina a tax rate sufficient to produce the amounts hereinafter set forth:
FOR GENERAL FUND $ 28,493,077
FOR CONSTRUCTION FUND $ 2,567,000
FOR ARTS AND CULTURE FUND $ 20,000
LEVY FOR PAYMENT OF CIP PLAN BONDS—SERIES 2016A (Fire) $ 405,000
LEVY FOR PAYMENT OF CIP PLAN BONDS—SERIES 2010A (City Hall) $ 950,000
LEVY FOR PAYMENT OF CIP PLAN BONDS—SERIES 2017C (PW) $ 1,022,000
LEVY FOR PAYMENT OF CIP PLAN BONDS—SERIES 2013A (PW) $ 448,600
LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS—SERIES 2009A(PW) $ 196,400
LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS—SERIE�2014 (Dome) $ 1,168,700
LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS—SERI `2015A(Gym) $ 389,000
TOTAL TA CAPACITY LEVY $ 35,659,777
Passed and aAUopted by the Cit Cou cil on December 5, 20
I
ATTEST:
ebra A. Mangen, City erk 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 December 5, 2017, 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