HomeMy WebLinkAboutResolution No. 2013-071 Adopting Preliminary 2014 Tax Levy And Operating Budget f
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RESOLUTION NO.2013-71
A RESOLUTION ADOPTING THE PROPOSED
BUDGET FOR THE CITY OF EDINA FOR YEAR 2014,
AND ESTABLISHING THE PROPOSED
TAX LEVY PAYABLE IN 2014
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 propaty in the City of Edina,a tax
rate sufficient to produce the amount as follows:
FOR GENERAL FUND $22,509,403
FOR CONSTRUCTION FUND $992,072
LEVY FOR PAYMENT OF CIP PLAN BONDS-SERIES 2010A $947,600
LEVY FOR PAYMENT OF HRA PUBLIC PROJECT BONDS—SERIES 2005A $409,244
LEVY FOR PAYMENT OF CIP PLAN BONDS—SERIES 2007A $441,944
LEVY FOR PAYMENT OF PUBLIC WORKS FACILITY BONDS $1,545,092
TOTAL TAX CAPACITY LEVY $26,845,355
Section 2.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 below for the debt levy of the market value based referendum levy and
cancelling the portion of the levy not required to produce the amount as follows:
GO PARK AND RECREATION BONDS SERIES 1996A/2005A $627,800
TOTAL LEVY $27,473,155
Section 3.That the preliminary budget for the City of Edina is as follows:
TOTAL REVENUES—GOVERNMENTAL FUNDS $53,487,167
TOTAL EXPENDITURES—GOVERNMENTAL FUNDS $57,714,703
TOTAL REVENUES—ENTERPRISE FUNDS $42,880,147
TOTAL EXPENDITURES—ENTERPRISE FUNDS $38,131,545
Approved this 3rd day of Septe er 2013.
Attest:
Debra A.Mangen,City dlerV 6 James .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 3,2013 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