HomeMy WebLinkAboutOrdinance 31-26RECORD OF ORDINANCES
BARRETT BROTHERS - DAYTON, OHIO. Form 6220S
31-26 Ordinance No; —$_—___. Passed.
ADOPTING THE PROPOSED TAX BUDGET FOR FISCAL YEAR 2027
WHEREAS, Section 5705.28 of the Ohio Revised Code requires that City
Council adopt a tax budget for the following year on or before July 15; and
WHEREAS, Section 5705.30 of the Ohio Revised Code requires the tax
budget to be filed with the County Auditor(s), as secretary to the budget |
commission(s), on or before July 20; and
WHEREAS, the filing of the tax budget with the County Auditor(s) entitles
the City to participate in “Local Government Funds” which are monies
collected by the State of Ohio and shared with its various political
| subdivisions via the County(s).
NOW, THEREFORE, BE IT ORDAINED by the Council of the City of
Dublin, State of Ohio, _(y_ of the elected members concurring that:
Section 1. The proposed 2027 tax budget hereto attached as an Exhibit,
be and hereby is approved.
Section 2. This ordinance shall take effect on the earliest date permitted
under applicable law.
Passed this 3% day of une, 2026
LL. @~ A
Mayor — Presiding Officer
ATTEST:
Cd. (bd ce Council 4)
To: Members of Dublin City Council
From: Megan O’Callaghan, City Manager
Date: May 20, 2026
Initiated By: Matt Rubino, CFO/Director of Finance
Meghan J. Murray, Deputy Chief Financial Officer
Douglas Urbancsik, Budget Manager
Re: Ordinance 31-26 – Adopting the Proposed Tax Budget for Fiscal Year 2027
Summary
The proposed Tax Budget for the 2027 fiscal year (calendar basis) is submitted for approval in
compliance with the budgetary laws governing political subdivisions in the State of Ohio that include
pertinent sections of Ohio Revised Code (ORC) Chapter 5705. The Ohio Revised Code mandates
adoption of the Tax Budget by a political subdivision (taxing authority) no later than July 15th of
each year for the next succeeding calendar year. The approved Tax Budget must be effective prior
to filing with the office of the County Auditor and must be filed with the County Auditor (5705.30
ORC) no later than July 20th. The budgetary laws governing political subdivisions in the State of
Ohio can be found in Section 5705 of the Ohio Revised Code.
The Tax Budget has historically been part of the initial stages of the City’s annual budgeting process
and has previously represented the City’s first estimate of its anticipated financial condition,
resources, and expenditure needs for the coming year. The primary purpose of the Tax Budget is to
set property tax rates and allocate local government fund dollars.
The Tax Budget includes the actuals for calendar years 2024 and 2025, a budget projection for
calendar year 2026, and an estimate for calendar year 2027. The 2027 Tax Budget is based on the
estimated revenue and expenditure figures previously used to calculate the 2026 Operating Budget
and 2026-2030 Capital Improvements Program (CIP). The City’s updated revenue estimate for 2026
and revenue projection for 2027 will not be available until later this year, after the mandated filing
deadline for this document.
This is not an appropriation measure. Adoption of the Tax Budget does not grant any legal spending
authority of public funds or commit to any capital improvement projects for the 2027 fiscal year.
Once the Tax Budget is adopted, it will be filed with the Delaware and Franklin County Auditors, as
they are the secretaries for their respective Budget Commissions. Union County does not require the
Tax Budget to be submitted to its County Budget Commission. The City’s eligibility to receive the
State’s shared revenue, “local government funds” from Delaware and Franklin Counties, is
contingent upon the timely filing ofTax Budget Information. The Franklin County Budget
Commission also reviews any property tax levy assessments outside the ten-mill limitation to verify
the appropriate millage for those obligations.
The Tax Budget Information includes the following columns as marked in the document on Exhibits
I through II:
Office of the City Manager
5555 Perimeter Drive • Dublin, OH 43017-1090
Phone: 614-410-4400 • Fax: 614-410-4490 Memo
Ord. 31-26 – Adopting the Proposed Tax Budget for Fiscal Year 2027
May 20, 2026
2
(1) Description of the revenue or expenditure type.
(2) Actual revenue and expenditure figures for calendar year 2024.
(3) Actual revenue and expenditure figures for calendar year 2025.
(4) This column represents the current year’s information. It includes the 2026 revised budgeted
revenue and expenditures, which are based on appropriations approved by City Council (including
carry-over 2025 encumbrances), and increases/decreases in estimated resources budgeted through
April 2026, and/or information received from the Franklin County Auditor updating real estate tax
collection estimates.
(5) This column represents the upcoming year 2027. It includes projected budget figures for the
2027 calendar year based on the revenue and expenditure assumptions listed below.
Revenue Assumptions:
• Income tax projections for 2027 remained consistent with 2026. More analysis of income tax
trends will be done prior to the preparation of the 2027 Annual Operating Budget in late
summer/early fall.
• Revenue (in most cases) remained horizontal in the City’s 2027 Tax Budget projection,
although we are seeing a gradual increase in revenues for 2026 in some Departments. Due
to the continuing financial influence of the current economic climate, historical-based
increases used to complete next year's projections were not necessarily reliable, and the
Finance Team has erred on the side of caution.
Expenditure Assumptions:
• For personal services, the 2027 budget includes a conservatively projected 3% increase,
consistent with the assumptions used in prior years.
• As of March 2026, the inflationary rate is 3.4%. However, for purposes of this Tax Budget, a
3.0% inflationary rate (in most cases) was applied across various spending categories based
on 2025 actual expenditures, or 2026 budgeted expenditures as appropriate.
These assumptions were made not only to provide fiscal prudence, but because the compliance
requirements for filing the Tax Budget are so early in the year that it is difficult to determine the
financial drivers for 2027 at this time. More in-depth review and data analysis will be completed
prior to the preparation of the 2027-2031 CIP and the 2027 Annual Operating Budget to provide
financial insights into economic conditions and risks projected for next year.
Exhibit III is used for all funds that do not derive any revenue from the general property taxes (all
funds not included on Exhibits I and II, construction funds, and TIF Funds).
Exhibit IV includes supplemental information for the Capital Improvements Program and the City’s
debt schedule. The Capital Improvements projection is reflected in the City’s approved 2026-2030
Capital Improvements Program (excluding any expenses to be paid from bond issue), and the debt
schedule is based on the projection for calendar year 2026.
Property Tax Distribution
The Safety Fund, the Parkland Acquisition Fund, and the Capital Improvements Tax Fund receive
property tax revenues. The allocation of the City’s inside millage (also known as “unvoted” millage),
a total of 1.75 mills, can be adjusted on an annual basis. As part of the 2026 – 2030 CIP review,
City Council approved the allocation of 100% (1.75 mils) of the property tax revenue from the City’s
“inside millage” to the Capital Improvements Tax Fund through Resolution 48-25. The following is a
Ord. 31-26 – Adopting the Proposed Tax Budget for Fiscal Year 2027
May 20, 2026
3
history of approved allocations. It is important to note that the voted ongoing 1.20 mills for safety
purposes is not included in the inside millage. Refer to Figure 1 for a summary of the historical
allocation of inside millage by purpose.
Figure 1
The City has the option to reallocate the tax revenue from the inside millage each year as part of
the Tax Budget process, and then again in the third quarter when the Resolution Accepting the
Amounts and Rates is approved by City Council. It is important to note that the millage allocated
within the Capital Improvement Tax Fund provides flexibility, as it may also be used for parkland
acquisition, other park-related capital improvements, and the acquisition of rights-of-way for
shared-use path projects.
Income Tax
The City’s largest revenue source for general operations is obtained through income taxes. In the
2026 Operating Budget, it was estimated that revenue from local income tax collections would be
approximately $115,875,000. Per City Code, 75% or $86,906,250 is programmed in the General
Fund, and 25% or $28,968,750 is programmed in the Capital Improvements Tax Fund. As stated
previously in this memo, as of the current date, income taxes for the 2027 Tax Budget are being
projected conservatively at a stable, flat rate. The 2027 budget estimate for income tax collections,
as well as the 2026 income tax projection will be updated as part of the budget development
process in July.
General Fund Balance
When looking at the projected General Fund balance, it is important to remember that these figures
are based on the assumption that all funds appropriated in 2026 and 2027 will be spent. In recent
years, average budget utilization was approximately 90% across all the City operating budgets.
Recommendation
Staff recommend passage of the ordinance adopting the 2027 Tax Budget at the second
reading/public hearing on June 8, 2026.
Years
General
Fund
Safety
Fund
GO Debt
Service
Fund
Parkland
Acquisition
Fund
Capital
Improvements
Fund
Prior to 2000 1.17 0.50 0.08
2001-2006 1.75
2007-2009 0.95 0.80
2010-2024 0.35 1.40
2025-2026 1.75
SCHEDULE A
SUMMARY OF AMOUNTS REQUIRED FROM GENERAL PROPERTY TAX APPROVED BY BUDGET COMMISSION,
AND COUNTY AUDITOR'S ESTIMATED RATES
For Municipal Use For Budget Commission Use For County Auditor Use
Budget Year Budget Year County Auditor's estimate
Amount Amount Approved Budget Year Tax Rate to be Levied
FUND Requested of by Budget Amount to be
(Include only those funds Budget Commission Derived From Inside 10 Mill Outside 10 Mill
which are requesting Commission Inside/
Inside 10 Mill Levies Outside Limited Budget Limit Budget
general property tax revenue) Outside Limitation 10 Mill Limitation Year Year
Column 1 Column 2 Column 3 Column 4 Column 5
GOVERNMENT FUNDS XXXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GENERAL FUND 00 0
POLICE/SAFETY OPERATING FUND 541,005 0 541,005
PARKLAND ACQUISITION 00 0
CAPITAL IMPROVEMENTS TAX FUND 3,583,650 3,583,650 0
PROPRIETARY FUNDS XXXXXXXX XXXXXXXX XXXXXXXXX XXXXXXXXX XXXXXXXX
FIDUCIARY FUNDS XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
TOTAL ALL FUNDS 4,124,655 3,583,650 541,005
SCHEDULE B
LEVIES OUTSIDE 10 MILL LIMITATION, EXCLUSIVE OF DEBT LEVIES
Tax Year
County Auditor's
FUND Maximum Rate Estimate of
Authorized to be Yield of Levy
Levied (Carry to Schedule A,
Column 3)
GENERAL FUND:
Current Expense Levy authorized by voters on / / ,
not exceed years. Authorized under Sect. , R.C.
TOTAL GENERAL FUND OUTSIDE 10 MILL LIMITATION
SPECIAL LEVY FUNDS
POLICE/SAFETY FUND, Levy authorized by voters on 11/1981 1.2 541,005
not to exceed ON-GOING years. Authorized under Section , R.C.
FUND, Levy authorized by voters on / /
FUND NAME: GENERAL FUND EXHIBIT I
FUND TYPE/CLASSIFICATION: GOVERNMENTAL -- GENERAL
This Exhibit is to be used for the General Fund Only
Current Year Budget Year
For 2024 For 2025 Estimated for Estimated for
DESCRIPTION Actual Actual 2026 2027
(1) (2) (3) (4) (5)
REVENUES XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
Local Taxes
General Property Tax -- Real Estate 0 0 0 0
Tangible Personal Property Tax 0 0 0 0
Municipal Income Tax 84,229,421 88,572,062 86,906,250 86,906,250
Other Local Taxes 0 0 0 0
Total Local Taxes 84,229,421 88,572,062 86,906,250 86,906,250
Intergovernmental Revenues
State Shared Taxes and Permits
Local Government 631,229 701,026 680,375 680,375
Estate Tax 0 0 0 0
Cigarette Tax 506 645 700 700
Liquor and Beer Permits 104,373 106,152 80,000 80,000
Gasoline Tax 00 0 0
Library and Local Government Support Fund 00 0 0
Property Tax Allocation 0 0 0 0
Other Permits 0 0 0 0
Total State Shared Taxes and Permits 736,108 807,823 761,075 761,075
Federal Grants or Aid 126,000 0 0 0
State Grants or Aid 16,242 41,897 0 0
Other Grants or Aid 18,429 19,163 18,000 18,000
Total Intergovernmental Revenues 896,779 868,883 779,075 779,075
Special Assessments 0 0 0 0
Charges for Services 1,763,078 3,439,672 1,669,500 1,669,500
Fines, Licenses, and Permits 4,040,651 3,582,616 3,647,500 3,647,500
Miscellaneous 3,218,790 3,712,255 5,619,500 5,619,500
Other Financing Sources:
Proceeds from Sale of Debt 0 0 0 0
Transfers 0 0 0 0
Advances 1,159,700 1,200,000 400,000 0
Other Sources (Sale of Capital Assets) 0 0 0 0
TOTAL REVENUE 95,308,418 101,375,487 99,021,825 98,621,825
FUND NAME: GENERAL FUND EXHIBIT I
FUND TYPE/CLASSIFICATION: GOVERNMENTAL -- GENERAL
This Exhibit is to be used for the General Fund Only
Current Year Budget Year
DESCRIPTION For 2024 For 2025 Estimated for Estimated for
(1)Actual Actual 2026 2027
(2) (3) (4) (5)
EXPENDITURES XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
Security of Persons and Property
Personal Services 0 0 0 0
Travel Transportation 0 0 0 0
Contractual Services 209,599 202,502 273,031 281,221
Supplies and Materials 102,664 192,930 264,588 272,529
Capital Outlay 0 0 0 0
Total Security of Persons and Property 312,263 395,433 537,619 553,749
Public Health Services
Personal Services 0 0 0 0
Travel Transportation 0 0 0 0
Contractual Services 523,332 559,319 570,892 599,438
Capital Outlay 0 0 0 0
Total Public Health Services 523,332 559,319 570,892 599,438
Leisure Time Activities
Personal Services 6,010,896 6,647,213 6,701,713 6,902,764
Travel Transportation 0 0 0 0
Contractual Services 3,443,802 5,646,791 7,816,985 8,051,494
Supplies and Materials 473,117 407,818 612,468 630,838
Capital Outlay 15,531 19,054 22,705 22,705
Total Leisure Time Activities 9,943,346 12,720,876 15,153,871 15,607,802
Community Environment
Personal Services 6,425,717 6,408,594 6,766,009 6,968,990
Travel Transportation 0 0 0 0
Contractual Services 3,225,698 2,428,969 4,408,111 4,540,350
Supplies and Materials 26,711 22,211 46,566 47,965
Capital Outlay 0 0 0 0
Total Community Environment 9,678,126 8,859,774 11,220,686 11,557,306
Basic Utility Services
Personal Services 812,455 1,002,344 958,018 986,761
Travel Transportation 0 0 0 0
Contractual Services 4,125,088 4,265,715 5,456,179 5,619,863
Supplies and Materials 23,842 34,358 22,708 23,393
Capital Outlay 0 0 0 0
Total Basic Utility Services 4,961,386 5,302,417 6,436,905 6,630,017
FUND NAME: GENERAL FUND EXHIBIT I
FUND TYPE/CLASSIFICATION: GOVERNMENTAL -- GENERAL
This Exhibit is to be used for the General Fund Only
Current Year Budget Year
DESCRIPTION For 2024 For 2025 Estimated for Estimated for
(1)Actual Actual 2026 2027
(2) (3) (4) (5)
Transportation
Personal Services 1,489,668 1,567,005 1,570,315 1,617,428
Travel Transportation 0 0 0 0
Contractual Services 1,453,619 1,586,039 2,592,241 2,670,008
Supplies and Materials 145,192 110,394 459,396 473,185
Capital Outlay 00 00
Total Transportation 3,088,480 3,263,439 4,621,952 4,760,621
General Government
Personal Services 12,743,815 13,772,047 16,406,112 16,898,301
Travel Transportation 0 0 0 0
Contractual Services 8,289,720 9,002,856 13,960,855 14,173,681
Supplies and Materials 5,476,820 6,673,863 8,054,455 8,296,089
Capital Outlay 436,062 941,294 473,128 473,128
Total General Government 26,946,418 30,390,060 38,894,550 39,841,198
Debt Service
Interest 0 0 0 0
Other Debt Service 0 0 0 0
Total Debt Service 0 0 0 0
Other Uses of Funds
Transfers 30,935,604 27,603,200 27,425,000 27,425,000
Advances 1,536,965 1,536,965 1,536,965 1,536,965
Contingencies 140,205 32,053 223,205 200,000
Other Uses of Funds(Refunds/Incentives/Grants)5,354,059 5,354,059 5,354,059 5,354,059
Total Other Uses of Funds 37,966,833 34,526,277 34,539,229 34,516,024
TOTAL EXPENDITURES 93,420,182 96,017,594 111,975,704 114,066,155
Revenues over/(under) Expenditures 1,888,236 5,357,894 (12,953,879) (15,444,330)
Beginning Cash Fund Balance 66,940,519 68,828,755 74,186,648 61,232,770
Ending Cash Fund Balance 68,828,755 74,186,648 61,232,770 45,788,440
Estimated Encumbrances (6,184,323) (7,529,615) 0 0
Estimated Ending Unencumbered Fund Balance 62,644,432 66,657,034 61,232,770 45,788,440
FUND NAME: SAFETY/POLICE OPERATING EXHIBIT II
FUND TYPE/CLASSIFICATION: SPECIAL REVENUE
To be used for any fund receiving property tax revenue except the General Fund.
Current Year Budget Year
DESCRIPTION For 2024 For 2025 Estimated for Estimated for
(1)Actual Actual 2026 2027
(2) (3) (4) (5)
REVENUE XXXXXXXX XXXXXXXX XXXXXXXXX XXXXXXXX
Local Taxes - Real Estate 516,758 539,065 541,005 541,005
Intergovernmental Revenue 146,988 152,901 60,500 60,500
Charges for Services 4,560,402 4,774,625 5,143,732 5,143,730
Miscellaneous 85,268 80,380 54,000 54,000
Other Financing Sources:
Transfers 14,150,000 14,500,000 15,000,000 17,000,000
Other Sources 0 0 0 0
TOTAL REVENUE 19,459,417 20,046,971 20,799,237 22,799,235
EXPENDITURES XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
(Identify each program and object XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
code at the same level shown on XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
(PROGRAM) (OBJECT)
Security of Persons and Property
Personal Services 18,741,288 19,290,687 20,796,349 21,420,243
Travel/Transportation 0 0 0 0
Contractual Services 516,174 577,324 767,371 790,394
Supplies and Materials 260,925 345,800 427,776 440,611
Capital Outlay 14,637 17,899 14,900 15,354
Other Uses(Refunds and other misc) 4,327 6,006 5,500 5,501
TOTAL EXPENDITURES 19,537,351 20,237,717 22,011,896 22,672,104
Revenues Over (Under) Expenditures (77,935) (190,746) (1,212,659) 127,131
Beginning Cash Fund Balance 2,433,564 2,355,629 2,164,884 952,224
Ending Cash Fund Balance 2,355,629 2,164,884 952,224 1,079,355
Estimated Encumbrances (outstanding at end of year)(155,576) (158,888) 0 0
Estimated Ending Unencumbered Fund Balance 2,200,054 2,005,995 952,224 1,079,355
FUND NAME: CAPITAL IMPROVEMENTS TAX FUND EXHIBIT II
FUND TYPE/CLASSIFICATION: CAPITAL PROJECTS
To be used for any fund receiving property tax revenue except the General Fund.
Current Year Budget Year
DESCRIPTION For 2024 For 2025 Estimated for Estimated for
(1)Actual Actual 2026 2027
(2) (3) (4) (5)
REVENUE XXXXXXXX XXXXXXXX XXXXXXXXX XXXXXXXX
Local Taxes*
Property Tax -- Real Estate/Personal Property 4,140,345 5,220,900 3,400,000 3,583,650
Municipal Income Tax (Note 1) 28,076,485 29,524,020 28,968,750 28,993,750
Intergovernmental Revenue 4,226,298 3,520,443 351,615 351,620
Fines, Licenses, and Permits 0 0 0 0
Miscellaneous 1,617,730 1,972,794 1,029,333 1,029,333
Other Financing Sources:
Transfers 0 0 0 0
Other Sources-Advances 903,000 943,000 2,225,000 2,475,000
Proceeds from Bonds 0 0 0 0
TOTAL REVENUE 38,963,858 41,181,157 35,974,698 36,433,353
EXPENDITURES XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
(Identify each program and object XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
code at the same level shown on XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
(PROGRAM) (OBJECT)
Contractual Services 75,053 72,569 90,000 92,700
Capital Outlay 35,662,223 34,693,146 59,041,483 35,413,646
Transfers 7,256,870 8,276,433 9,426,186 9,426,186
Advances 0 0 0 0
TOTAL EXPENDITURES 42,994,147 43,042,148 68,557,669 44,932,532
Revenues Over (Under) Expenditures (4,030,289) (1,860,991) (32,582,971) (8,499,179)
Beginning Cash Fund Balance 46,974,444 42,944,155 41,083,164 8,500,193
Ending Cash Fund Balance 42,944,155 41,083,164 8,500,193 1,014
Estimated Encumbrances (outstanding at end of year)(18,324,778) (19,128,083) 0 0
Estimated Ending Unencumbered Fund Balance 24,619,377 21,955,080 8,500,193 1,014
Note 1: A portion of this revenue is designated to retire debt for capital improvements.
FUND NAME: PARKLAND ACQUISITION EXHIBIT II
FUND TYPE/CLASSIFICATION: CAPITAL PROJECTS
To be used for any fund receiving property tax revenue except the General Fund.
Current Year Budget Year
DESCRIPTION For 2024 For 2025 Estimated for Estimated for
(1)Actual Actual 2026 2027
(2) (3) (4) (5)
REVENUE XXXXXXXX XXXXXXXX XXXXXXXXX XXXXXXXX
Local Taxes - Real Estate 1,035,090 0 183,650 0
Intergovernmental Revenue 168,636000
Fines, Licenses, and Permits 0000
Miscellaneous 0000
Other Financing Sources:
Transfers 0000
Other Sources-Advances 0000
Proceeds from Bonds 0000
TOTAL REVENUE 1,203,726 0 183,650 0
EXPENDITURES XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
(Identify each program and object XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
code at the same level shown on XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
(PROGRAM) (OBJECT)
Contractual Services 18,630 0 5,000 0
Capital Outlay 0 0 1,000,000 0
Transfers 5,100,000000
Advances 0000
TOTAL EXPENDITURES 5,118,630 0 1,005,000 0
Revenues Over (Under) Expenditures (3,914,903) 0 (821,350) 0
Beginning Cash Fund Balance 4,860,754 945,850 945,850 124,500
Ending Cash Fund Balance 945,850 945,850 124,500 124,500
Estimated Encumbrances (outstanding at end of year)0000
Estimated Ending Unencumbered Fund Balance 945,850 945,850 124,500 124,500
EXHIBIT III
List of All Funds Individually Unless Reported on Exhibits l and II (pg 1 of 2)
FUND Estimated Budget Year Total Available
List All Funds Individually Unless Unencumbered Estimated For Personal Other Total Estimated
Reported on Exhibit I or II Fund Balance Receipt Expenditures Services Unencumbered
01/01/26 Balance 12/31/26
GOVERNMENTAL: XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
SPECIAL REVENUE:XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
Street Maintenance & Repair 2,476,707 3,341,000 5,817,707 2,449,837 1,359,257 3,809,094 2,008,613
State Highway Improvement 495,725 224,600 720,325 0 252,391 252,391 467,934
Cemetery 145,389 239,500 384,889 172,561 77,164 249,725 135,164
Recreation 2,887,973 10,246,000 13,133,973 7,170,923 3,222,406 10,393,329 2,740,644
Swimming Pool 204,718 1,634,850 1,839,568 1,103,632 730,626 1,834,257 5,311
Permissive Tax 1,391,283 119,000 1,510,283 0 100,000 100,000 1,410,283
Hotel/Motel Tax 2,013,793 6,119,722 8,133,515 1,094,299 5,755,446 6,849,745 1,283,770
Enforcement and Education 85,937 3,200 89,137 2,359 0 2,359 86,778
Law Enforcement Trust 359,889 2,000 361,889 0 38,000 38,000 323,889
Mandatory Drug Fine 3,127 50 3,177 0 0 0 3,177
Mayor's Court Computer 62,971 36,000 98,971 0 37,000 37,000 61,971
Accrued Leave Reserves 828,204 550,000 1,378,204 515,000 0 515,000 863,204
Wireless 9-1-1 System 919,268 161,000 1,080,268 0 550,000 550,000 530,268
Rings Unitrust 1,000,000 0 1,000,000 0 0 0 1,000,000
Covid Relief Fund 0 0 0 0 0 0 0
Local Coronavirus Recovery Fund 0 0 0 0 0 0 0
Opioid Relief Fund 155,907 70,000 225,907 0 35,000 35,000 190,907
TOTAL SPECIAL REVENUE FUNDS 13,030,891 22,746,922 35,777,813 12,508,611 12,157,289 24,630,901 11,111,913
DEBT SERVICE FUNDS XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
General Debt Service 2,507,197 16,805,727 19,312,924 0 15,948,345 15,948,345 3,364,579
Economic Development Bond Retirement 692,831 2,070,000 2,762,831 0 2,067,664 2,067,664 695,167
Special Assessment Debt Service 23,912 0 23,912 0 1,000 1,000 22,912
2001 Special Assessment Debt Service 134,913 0 134,913 0 0 0 134,913
TOTAL DEBT SERVICE FUNDS 3,358,853 18,875,727 22,234,580 0 18,017,009 18,017,009 4,217,572
CAPITAL PROJECT FUNDS XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
Note: Various construction funds not included.
TOTAL CAPITAL PROJECTS 00 0000 0
PERMANENT IMPROVEMENT FUNDS XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
Cemetery Perpetual Care 1,995,334 62,000 2,057,334 0 0 0 2,057,334
TOTAL PERMANENT IMPROVEMENTS FUNDS 1,995,334 62,000 2,057,334 0 0 0 2,057,334
Budget Year Expenditures and Encumbrances
List of All Funds Individually Unless Reported on Exhibits l and II
FUND Estimated Budget Year Total Available
List All Funds Individually Unless Unencumbered Estimated For Personal Other Total
Reported on Exhibit I or II Fund Balance Receipt Expenditures Services
01/01/26
PROPRIETARY: XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
ENTERPRISE FUNDS XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
Water 2,860,251 1,358,522 4,218,773 321,960 2,030,898 2,352,858
Sewer 3,704,415 3,353,007 7,057,422 915,988 5,235,685 6,151,674
Water Construction 531,820 303,000 834,820 0 299,100 299,100
Sewer Construction 3,134,171 141,000 3,275,171 0 1,086,785 1,086,785
TOTAL ENTERPRISE FUNDS 10,230,657 5,155,529 15,386,186 1,237,948 8,652,468 9,890,417
Note: Various construction funds not included.
INTERNAL SERVICE FUNDS XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
Employee Benefits Self-Insurance 6,988,689 10,933,000 17,921,689 125,330 12,100,717 12,226,047
Workers Compensation Self-Insurance 278,351 305,000 583,351 0 549,911 549,911
TOTAL INTERNAL SERVICE FUNDS 7,267,040 11,238,000 18,505,040 125,330 12,650,628 12,775,958
TRUST AND AGENCY FUNDS XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
Visit Dublin Ohio (aka DCVB) 78,515 1,075,000 1,153,515 0 1,075,000 1,075,000
Agency (Deposits) 1,781 79,000 80,781 0 79,000 79,000
COIRS 528,983 1,256,924 1,785,907 0 1,266,570 1,266,570
Econ Dev - PACE 0 950,403 950,403 0 950,403 950,403
TOTAL TRUST AND AGENCY FUNDS 609,280 3,361,327 3,970,607 0 3,370,973 3,370,973
TOTAL FOR MEMORANDUM ONLY 34,496,721 61,377,505 95,874,229 13,871,890 54,848,364 68,685,259
Budget Year Expenditures and Enc
EXHIBIT III
(pg 2 of 2)
Estimated
Unencumbered
Balance 12/31/26
XXXXXXXX
XXXXXXXX
1,865,915
905,748
535,720
2,188,386
5,495,769
XXXXXXX
5,695,643
33,440
5,729,082
XXXXXXXX
78,515
1,781
519,338
0
599,634
27,153,971
cumbrances
EXHIBIT IV
(pg 1 of 1)
Estimated Cost
DESCRIPTION of Permanent Name of Paying Fund
Improvement
CIP - Administration
Administration (land acquisition,
contingencies, sewer ext.)
Municipal Facilities 8,725,000 1,340,000 Capital Improvements Tax Fund
Computer Hardware/Software/Fiber 14,948,000 3,302,000 Capital Improvements Tax Fund
CIP - Parks & Recreation
Parks 35,129,400 3,295,000 Capital Improvements Tax Fund,
TIF Funds (as appropriate),
Hotel/Motel
CIP - Safety
Police 12,357,588 2,280,000 Capital Improvements Tax Fund
CIP - Stormwater System
Stormwater Improvements 12,050,000 3,115,000 Capital Improvements Tax Fund
CIP - Transportation
Mobility, Bicycles and Pedestrians 24,529,000 4,138,000 Capital Improvements Tax Fund and
TIF Funds (as appropriate)
Bridges and Culverts 14,209,050 2,576,100 Capital Improvements Tax Fund and
TIF Funds (as appropriate)
Streets and Parking 65,347,000 38,719,000 Capital Improvements Tax Fund and
TIF Funds (as appropriate)
SUB-TOTAL 215,279,919 64,203,646
CIP - Sanitary Sewer System
Sewer Improvements 2,625,000 220,000 Sewer Fund
CIP - Water Distribution System
Water Improvements 360,000 0 Water Fund
SUB-TOTAL 2,985,000 220,000
TOTAL 218,264,919 64,423,646
STATEMENT OF PERMANENT IMPROVEMENTS
(Do Not Include Expense to be Paid from Bond Issue)
(Section 5705.29. Revised Code)
Amount to be
Budgeted During
Current Year
Total Project Cost 2026-2030 CIP
(May Include Other Funding
Sources including TIFs)
2027 Projects
13,952,881 2,738,546
Capital Improvements Tax Fund &
Parkland Acquisition Fund
Capital Improvements Tax Fund and
Water & Sewer, Hotel/Motel2,700,00014,032,000 Fleet Management