2020-064 Resolution Approving 2021 Tax Levy and Adopting the 2021 General and Special Revenue Fund BudgetsCITY OF HOPKINS
Hennepin County, Minnesota
RESOLUTION NO. 2020-064
RESOLUTION APPROVING 2021 TAX LEVY
AND ADOPTING THE 2021 GENERAL AND
SPECIAL REVEUNE FUND BUDGETS
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF HOPKINS, MINNESOTA,
That the following sums of money be levied for the current year collectible in 2021 upon the
taxable property in the City of Hopkins, for the following purposes.
General Lew
General Operations
Special Levies
Debt Levies
2012A GO Capital Improvement Bonds
2012B GO Bonds
2012B Equipment Certiiicates
2013A GO Bonds
2014A GO Bonds
2014B GO Refunding Bonds
2015A GO Street Reconstruction Bonds
2015B GO Tax Abatement Bonds
2016A GO Improvement Bonds
2016B GO Tax Abatement Bonds
2016C Equipment Certificates
2017A GO Street Reconstruction Bonds
2017B GO Tax Abatement Bonds
2018A GO Bonds
2018A Equipment Certificates
2019A GO Bonds
2019B GO Refunding Bonds
Subtotal Special Levies
Total Levy
HRA/EDA Levv
Housing & Redevelopment Authority Levy
225,000
150,000
92,925
88,453
97,000
670,000
250,000
115,000
100,000
33,316
242,445
975,798
4,040
461,417
81,941
426,315
95,000
$13,679,734
4,108,650
F3fi�Ei_%�[c�
� 378,070
This levy is made based on current law and the 2021 General Fund Budget of $15,750,838.
BE IT FURTHER RESOLVED, that the following amounts are budgeted for the Special Revenue Funds:
State Chemical Assessment
Economic Development
TIF 1.2 Entertaintnent District
Parking
Hopkins Race & Equity Iniative
Communication (Cable TV)
Depot Coffee House
$65,000
$498,900
$15,000
$154,875
$6,000
$251,224
$247,266
TIF 2.6 Handicapped Housing Dev
TIF 2.9 Oaks of Main
TIF 2.11 Super Valu
Sth Avenue Flats
TIF 1.4 — Marketplace & Main
TIF 1.5 — Moline
Arts Center
$7,500
$5,000
$1,750,000
$2,000
$185,000
$925,000
$1,024,159
BE IT FURTHER RESOLVED, that the City Clerk is hereby ordered and directed to transmit a certified
copy of this resolution to the County Auditor of Hennepin County, Minnesota.
Adopted by the City Council of the City of Hopkins on this this 30t1i day of November, 2020.
�— �'Y
Jason Gadd, Mayor
ATTEST:
L/ 1 l� �
Amy Domeier, City Clerk