HomeMy WebLinkAboutResolution No. 2018-083 Preliminary Budget & Levy for 2019 ViXNA,
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RESOLUTION NO. 2018-83
A RESOLUTION ADOPTING THE PROPOSED
BUDGET FOR THE CITY OF EDINA FOR YEAR 2019,
AND ESTABLISHING THE PROPOSED
TAX LEVY PAYABLE IN 2019
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 $30,009,121
FOR CONSTRUCTION FUND $2,630,000
FOR ARTS AND CULTURE FUND $20,000
LEVY FOR PAYMENT OF CIP PLAN BONDS —SERIES 2016A (Fire) $406,000
LEVY FOR PAYMENT OF CIP PLAN BONDS —SERIES 2010A (City Hall) $952,000
LEVY FOR PAYMENT OF CIP PLAN BONDS —SERIES 2017C (PW) $1,050,000
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—SERIES 2014 (Dome) $1,168,900
LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS — SERIES 2015A (Gym) $390,000
TOTAL TAX CAPACITY LEVY $37,271,021
Section 2. That the preliminary 2019 budget for the City of Edina is as follows:
TOTAL REVENUES — GOVERNMENTAL FUNDS $69,273,796
TOTAL EXPENDITURES — GOVERNMENTAL FUNDS $70,571,229
TOTAL REVENUES — ENTERPRISE FUNDS $48,71 1,044
TOTAL EXPENDITURES — ENTERPRISE FUNDS $45,533,352
Approved this 20th day of September 2018.
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Attest: ahlo�� i �--
ebra A. Mangen, City C rk Mary Brindle, Mayor Pro Tem
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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 20,2018 and as recorded in the Minutes of said Rqslar Meeting.
WITNESS my hand and seal of said City this day of�! (��,20-L�
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�j City e k
CITY OF EDINA
4801 West 50th Street•Edina,Minnesota 55424
www.EdinaMN.gov.952-927-8861 .Fax 952-826-0390