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HomeMy WebLinkAboutResolution 070-17Resolution 70 -17 RESOLU77ON ACCEP77NU THE AMOUNTS AND RA TES AS DETERMINED 11 Y THE B UDG'E'T COMMIS'S'ION AND A U7HURIZING THE NECES'S'AR Y 7AX LE'VIE'S AND CER HETING MEM TO THE CUUNTY A UD1 TOR (CITY CO UNCIL) OHIO REVISED CODE, SECTION 5705.34, 5705.35 The Council of the City of DUBLIN , Franklin County Ohio, met in tq L4.1 Af session on the d o aY f -- L (Rego 2017, at the office of present: • moved the adoption of the following Resolution: WHEREAS, This Council in accordance with the provisions of law has previously adopted a Tax Budget for the next succeeding fiscal year commencing January 1, 2018; and WHEREAS, The Budget Commission of Franklin County, Ohio, has certified its action thereon to this Council together with an estimate by the County Auditor of the rate of each tax necessary to be levied by this Council, and what part thereof is without, and what part within, the ten mill tax limitation; therefore, be it RESOLVED, By the Council of the City of DUBLIN Franklin County, Ohio, that the amounts and rates, as determined by the .budget Commission in its certification, be and the same are hereby accepted. and be it further RESOLVED, That there be and is hereby levied on the tax duplicate of said City the rate of each tax necessary to be levied within and without the ten mill limitation for tax year 2017 (collection year 2018) as follows: S"CHED ULP' A SUMMARY OF'AMOUNTY REQUIRED FROM UENL'RAL PROPER TYAPPRUVED BY THE B UDG'ET COMMIS'SI UN, AND COUNTY A UDI TORS ES'77MA 7'L'D 7AX RA 7'ES Parkland Acquisition General Fund Charter Bond Retirement Bond Retirement Charter Police Pension Police Operating Fire Pension Fire Operating Police /Fire Pension Capital Improvement Charter Road & Sidewalk Fund TOTAL $726,153.57 0.35 503, 252.09 1.20 2, 904, 614.30 1.40 $503,252.09 $3p630,767.87 1.75 1.20 and be it further RESOLVED, That the Clerk of this Council be and is hereby directed to certify a copy of this Resolution to the County Auditor of said County. d P, seconded the Resolution and the roll being called upon its adoption the vote resulted as follows: County Auditor's Amount to be Amount Approved Estimate of Full Tax Derived from by Budget Rate to Be Levied Levies Outside Commission Inside Outside 10 Mill Inside 10 Mill 10 Mill 10 Mill FUND Limitation ■ rrrrm� r rrrrrr`rrr ■ .r r . . � r �r.i � Limitation _ _ _ _ Limit Limit Parkland Acquisition General Fund Charter Bond Retirement Bond Retirement Charter Police Pension Police Operating Fire Pension Fire Operating Police /Fire Pension Capital Improvement Charter Road & Sidewalk Fund TOTAL $726,153.57 0.35 503, 252.09 1.20 2, 904, 614.30 1.40 $503,252.09 $3p630,767.87 1.75 1.20 and be it further RESOLVED, That the Clerk of this Council be and is hereby directed to certify a copy of this Resolution to the County Auditor of said County. d P, seconded the Resolution and the roll being called upon its adoption the vote resulted as follows: C'L'IP 71.h'1 C'A TL' OF COPY OJUG'INAL ON %'ILL' The State of Ohio, Franklin County, ss. jkj V1 e (2 , Clerk of the Council of the City of DUBLIN within and for said County, and in whose custody the Files and Records of said Council are required by the Laws of State of Ohio to be kept do hereby certify that the foregoing is taken and copied from the original 5 , r7 67 ~ l r7 now on file, that the foregoing has been compared by me with said original document, and that the same is a true and correct copy thereof. WITNESS my signature, this . Zl�2017. Clerk of ounce DUBLIN Franklin County, Ohio. 100: Members of Dublin City Council Fromm. Dana L. McDaniel, City Mana 9er, Date,: September 21, 2017 Gn"Itl'ated By: Angel L. Mumma, Director of Finance = David Gaines, Deputy Director of Finance Melody Kennedy, Budget Manager Re: Resolution 70-17 — Accepting the Amounts and Rates and Authorizing Tax Levies Each year, the Franklin County Budget Commission determines the amount of property taxes to be collected and remitted to the City based on the City's millage rates, both inside and outside the "10 mill limit." The inside millage rate was established many years ago by the State, and the outside millage is based on the voted levy for police operations. As Council is aware, the property tax revenues from the City inside millage (also known as "unvoted"' millage) rate of 1.75 mills was allocated 100% to the Parkland Acquisition Fund from 2001 — 2006. During that period of time, approximately $16.2 million in revenue was received. From 2007 — 2009, the City allocated .95 mills of the 1.75 mills to the Parkland Acquisition Fund and allocated the remaining .80 mills to the Capital Improvements Tax Fund. Since the approval of the 2010 — 2014 Capital Improvements Program (CIP), including the recently approved 2018 — 2022 CIP, Council has approved allocating .35 mills to the Parkland Acquisition Fund and 1.40 mills to the Capital Improvements Tax Fund. City Council, of course, has the ability to revise annually how that millage is allocated, and may review that allocation as part of both the operating budget and CIP processes. In addition to the revenue generated from the City's 1.75 mills from de millage, the City also receives revenue from 1.20 mills of outside (voted) millage for police operations. This millage was approved by the voters in 1976 and permanently renewed in 1981. Revenue received from this levy 'I's credited to the Safety Fund. Resolution 70-17 — Accepting the Amounts and Rates and Authorizing Tax Levies September 21, 2017 Page 2 of 2 The adoption of this Resolution, officially titled Resolution Accepting the Amounts and Rates as Determined by the Budget Commission and Author1z'1'ng the Necessary Tax Levl*es and Certifying them to the CountyAuditor is required by Section 5705.34 of the Ohio Revised Code. The adopted Resolution is to be filed with the Budget Commission on or before October 1. 5- Staff is recommending the adoption of Resolution 70-17 at the September 25, 2017 City Council meeting. To.* Members of Dublin City Council Fromm. Dana L. McDaniel, City Mana Date: September 21, 2017 Ini"U"ated By: Angel L. Mumma, Director of Finance David Gaines, Deputy Director of Finance Melody Kennedy, Budget Manager Re: Resolution 70-17 — Accepting the Amounts and Rates and Authorizing Tax Levies Each year, the Franklin County Budget Commission determines the amount of property taxes to be collected and remitted to the City based on the City's millage rates, both inside and outside the "'10 mill limit." The inside millage rate was established many years ago by the State, and the outside millage is based on the voted levy for police operations. As Council is aware, the property tax revenues from the City inside millage (also known as "unvoted" millage) rate of 1.75 mills was allocated 100% to the Parkland Acquisition Fund from 2001 — 2006. During that period of time, approximately $16.2 million in revenue was received. From 2007 — 2009, the City allocated .95 mills of the 1.75 mills to the Parkland Acquisition Fund and allocated the remaining .80 mills to the Capital Improvements Tax Fund. Since the approval of the 2010 — 2014 Capital Improvements Program (CIP), including the recently approved 2018 — 2022 CIP, Council has approved allocating .35 mills to the Parkland Acquisition Fund and 1.40 mills to the Capital Improvements Tax Fund, City Council, of course, has the ability to revise annually how that millage is allocated, and may review that allocation as part of both the operating budget and CIP processes. In addition to the revenue generated from the City*'s 1.75 mills from inside millage, the City also receives revenue from 1.20 mills of outside (voted) millage for police operations. This millage was approved by the voters in 1976 and permanently renewed in 1981. Revenue received from this levy is credited to the Safety Fund. Resolution 70-17 — Accepting the Amounts and Rates and Authorizing Tax Levies September 21, 2017 Page 2 of 2 The adoption of this Resolution, officially titled Resolution Accepting the Amounts and Rates as DetermIned by the Budget Comml'sston and AuthorlzXng the Necessary Tax Levl*es and CertifyIng them to the County Auditor is required by Section 5705.34 of the Ohio Revised Code. The adopted Resolution is to be filed with the Budget Commission on or before October 1. Staff is recommending the adoption of Resolution 70-17 at the September 25, 2017 City Council meeting,