More about the impact of

Leah Shaffer — Wed, 24 Jun 2009 14:06:59 -0500

More about the impact of state cuts can be found with the League of Minnesota Cities

http://www.lmc.org/page/1/state-budget.jsp

Included here
is a link to even more details about the Market Value Homestead Credit.

And below is a link to what Neal has to say about MVHC.
http://edenprairieweblogs.org/scottneal/post/2061/

City looking to keep levy flat for next two years

Leah Shaffer — Wed, 24 Jun 2009 13:27:17 -0500

Plan could include wage freeze and dip into budget reserves

For the city of Eden Prairie, the rainy day has arrived. That means this fall, as staff and council members gear up for the next two-year budget cycle, it may be the time when the city taps into its rainy day fund.

City Manager Scott Neal said that the goal is to keep the tax levy flat into 2010 and 2011. To make that feasible, the city would keep employee wages flat in 2010 and tap into its reserve – more formally known as the budget stabilization fund, which currently has approximately $5 million in it.

Eden Prairie News - City looking to keep levy flat for next two years - Comments

More about the impact of

City looking to keep levy flat for next two years