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HomeMy WebLinkAboutResolution 058-18RESOL UTIONACCEPTING THE AMOUNTS AND RATES AS DETERMINED BY THE BUDGET COMMISSIONAND AUTHORIZING THE NECESSARY TAX LEVIES AND CERTIFYING THEM TO THE COUNTY VDITOR (CITY COUNCIL) OHIO REVISED CODE, SECTION 5705.34, 5705.35 The Council of the City of DUBLIN Franklin County Ohio met in �� session on the day of (RegulaQ or Spec'1) 2018, at the office of �Itkw'lrx- Q_ with the following members present: Mam I 1 Le 4 - 7$,g r. tg I C r 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, 2019; 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 2018 (collection year 2019) as follows: SCHEDULE A SUMMARY OFAMOUNTS REQUIRED FROM GENERAL PR OPER TYAPPR 0VED BY THE BUDGET COMMISSION, AND COUNTYAUDITOR'S ESTIMATED TAX RATES TOTAL $521,666.71 $3,976,02669 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. 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 Limitation Limit Limit Parkland Acquisition $795,205.34 0.35 General Fund Charter Bond Retirement Bond Retirement Charter Police Pension Police Operating 521, 666.71 1.20 Fire Pension Fire Operating Police/Fire Pension Capital Improvement Charter 3,180, 821.35 1.40 Road & Sidewalk Find TOTAL $521,666.71 $3,976,02669 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. seconded the Resolution and the roll being called upon its adoption the vote resulted as follows: The State of Ohio, Franklin County, ss. I, DUBLIN CER TIFICA TE OF COPY ORIGINAL ON FILE Achnc j0fttfeL'JJ, Clerk o4he Council o the e City of 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 copiedrom the original ill, S to, IL .� C1k, 54v ) ? — .f g 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 day of ,r , 2018 ' L1 Clerko oun*— DUBLIN Franklin County, Ohio. Uo. Members of Dublin City Council From: Dana L. McDaniel, City Manager /7V7;ee- Dates., September 6, 2018 Init"lated By,* Angel L. Mumma, Director of Finance Melody Kennedy, Budget Manager Re: Resolution 58-18 — 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," as adopted by City Council in the 2019 Tax Budget, Ordinance 43-18. 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 wm*; "'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. 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 fie. Revenue received from this levy is credited to the Safety Fund,, Resolution 58-18 — Accepting the Amounts and Rates and Authorizing Tax Levies September 6, 2018 Page 2 of 2 The adoption of this Resolution, officially titled Resolution Accepting the A177ounts and Rates aS Determined by the Budget Commisslon and Authorlz'l'ng the Necessary Tax Levies and Certifying thein 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. StaN recommends adoption of Resolution 58-18 at the September 10, 2018 City Council meeting,