HomeMy WebLinkAboutResolution 47-22Resolution 47-22
Resolution 47-22
To: Members of Dublin City Council
From: Dana L. McDaniel, City Manager
Date: September 20, 2022
Initiated By: Matthew Stiffler, Director of Finance
Re: Resolution 47-22 – Accepting the Amounts and Rates and Authorizing Tax Levies
Summary
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 2023 Tax Budget, Ordinance 21-22. 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. The Resolution Accepting the Amounts and Authorizing Tax Levies will
set the rates for 2023.
Background
The history of the inside millage rates is as follows:
• The property tax revenues from the City’s inside millage (also known as “unvoted” millage)
rate of 1.75 mills was allocated 100% to the Parkland Acquisition Fund from 2001 – 2006.
The Parkland Acquisition Fund can be used to acquire recreation facility sites, open
space/greenways, and parkland.
• 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. The
allocation change in 2007 increased the revenue to the Capital Improvements Tax Fund for
the purpose of retiring a portion of the debt issued for the US33/SR 161/Post Road
Interchange improvement project. At that time, this modification was said to be an
indication of City Council’s emphasis on long-term planning and recognition of the
economic development potential of the area surrounding the interchange.
• Since the approval of the 2010 – 2014 Capital Improvements Program (CIP), including the
proposed 2023 – 2027 CIP currently under review, City Council has authorized the
allocation of .35 mills to the Parkland Acquisition Fund and 1.40 mills to the Capital
Improvements Tax Fund. In 2010, the allocation to the Parkland Fund was further reduced
in order for a portion of the funding to be used to reimburse the General Fund for advances
made to acquire right-of-way for the US33/SR161/Post Road Interchange project. During
years 2010 and 2011, City Council considered re-allocating the Parkland millage to .8 mills,
but in 2012 reconsidered due to the recognition of the benefits and flexibility of allocating
more of the inside millage to the Capital Improvements Tax Fund.
City Council has the ability to annually revise how that millage is allocated, and may review that
allocation as part of the CIP process. During the August 30, 2021 meeting of City Council, it was
determined that the millage rate for the Parkland Acquisition Fund would remain at .35 mills for
Office of the City Manager
5555 Perimeter Drive • Dublin, OH 43017-1090
Phone: 614-410-4400 • Fax: 614-410-4490 Memo
Resolution 47-22 – Accepting the Amounts and Rates and Authorizing Tax Levies
September 20, 2022
Page 2 of 2
2022-2023, and be reassessed subsequent to the completion of the Strategic Framework Study,
and the Parks & Recreation Master Plan update.
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 June 1976 and permanently renewed in 1981. Revenue received from
this levy is credited to the Safety Fund.
In tax year 2022 (collection year 2023), it is estimated that approximately $3,533,115 in property
tax revenue from the inside millage will be credited to the Capital Improvements Tax Fund and
$881,555 to the Parkland Acquisition Fund. As of September 8, 2022, the fund balance in the
Parkland Acquisition Fund is approximately $3,722,845. The outside millage that is credited to the
Safety Fund for police operations is estimated to generate approximately $550,500 in 2023. The
effective rate for the Police operating levy for tax year 2021 (collected in 2022) is .161683 for
residential/agricultural property and .276573 for commercial/industrial property. This translates
into approximately $5.65 per $100,000 in value on residential/agricultural property and $9.68 per
$100,000 in value on commercial/industrial property.
The adoption of this Resolution, officially titled Resolution Accepting the Amounts and Rates as
Determined by the Budget Commission and Authorizing the Necessary Tax Levies 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 (in Franklin, Delaware and Union Counties)
on or before October 1.
Recommendation
Staff is recommending the adoption of Resolution 47-22 at the September 26, 2022 City Council
meeting.