Resolution 47-11RESOLUTION 47 -11
RESOLUTiONACCEPTING TIIEAMOUNTS AND RAM SAS DETERMINED BY THE
BUDGET'COMMISSIONAND AUTHORIZING T HE NECESSARYTAX LEVIES
AND CERTIFYING THEM TO THE COUNTYAUDITOR
(C17'Y COUNCIL)
OHIO RMSED CODE, SECTION 5705.34, 5705.35
The Council of the City of DUBLIN Franklin County
Ohio, mel in G ✓ session on the,�I,lj day of
(Reg dt • o
2011, of the office of
present:
A I r hZe- Ll the adoption of thefollo wing Resohi Hot r.
WHEREAS, This Council in accordance 11 lite provisions of lint has previously
adopted a Tav Budgetfor lite next succeeding fiscal year commencing Jamany 1, 2012; and
HWEREAS, 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 far necessary to be levied by this Council, and what part thereof is without, and what
put within, the ten mill fax limitation; Anerefor•e, be it
RESOLVED, By Ilse Council of the City of DUBLIN
Franklin County, Ohio, that the amounts and rates, as determined by fire Budget
Commission in its certification, be and the saute are hereby accepted: and be it fia•ther
RESOLVED, 77tat there be aid is hereby levied on the tar duplicate of said City
file role of each tae necessary to be levied wiUein and without the ten mill limtitation for lax year
2011 (collection year 2012) as follows:
RESOLUTION 47 -11
SCHEDULEA
SUMMARY OFAMOUNTS REQUIRED FROM GENERAL PROPERTYAPPROVED BY THE
BUDGET COMMISSION, AND COUNTYAUDITOR'S ESTIMATED TAX R47TS
FUND
Amami to be
Derived from
Levies Outside
lOMill
Limitation
Amount Approved
by Budget
Commission
Inside MAIM
Limitation
CountyAudifor's
Estimate of Full Tar.
Rate to Be Levied
Inside Outside
!0,61111 10.61111
Limit Limit
ParklandAcgtdsition
$713,031.83
0.35
General Fund Charter
Bond Retirement
Bond Retirement Charter
Police Pension
Police Operating
538,355.37
1.20
Fire Pension
rim Operating
Police /Fire Pension
Capital Improvement Charter
2,852,127.30
1.40
Roar! d Sidewalk Fund
TOTAL
$538,355.37
$3,565,159.13
1.75 1.20
onl be it further
RESOLVED, 77tat the Clerk of this Council be and is hereby directed to certify a copy of
this Resolution to the CotuntyAittlitar ofsald County.
seconded the Resolution and fhe roll being
called upon its adoption the vote resulted ns follows:
RESOLUTION 47 -11
CERTIMCA7E OF COPY
ORIGINAL ON FILE
Tire State of Ohio, Franklin County, ss.
Clerk of the Council of the City of
DUBMr widrbi aid for said County, and in whose
cuslody the Files and Records of said Council are required by the Laws of State of 0hio to be kept •—�
do hereby certify that the foregoing is taken and copied front the original — 121� -- 2 (� /
now on file, lint the foregoing has been compared by me with sold original
document, and That ilre same is a b•ue and correct copy thereof.
UITNESSmy signature, ihls ,&-d,— day of l' ,_ 201
C
Clerk ofCouncid
DUBLIN
Franklin County, Ohio.
7 Office of the City Manager
5200 Emerald Parkway • Dublin, OH 43017 -1090 Memo
CITY OF DUBLIN_ Phone: 614 - 410 -4400 • Fax: 614 - 410 -4490
To: Members of the Dublin City Council
From: Marsha I. Grigsby, City Manager
Date: September 22, 2011
Initiated Bryan Thurman, Deputy Director of Finance
by:
Re: Resolution 47 -11- 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
received 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
1976 levy for police operations.
As Council is aware, the property tax revenues from the City's inside millage (1.75 mills) was
allocated 100 percent to the Parkland Acquisition Fund from 2001 -2006. During that period of
time, approximately $16.2 million in revenue was credited to the Parkland Acquisition Fund. For
2007 -2009, the City allocated .95 mills of the total 1.75 mills to the Parkland Acquisition Fund and
allocated the remaining .80 mills to the Capital Improvements Tax Fund.
In order to provide for additional flexibility as to how the revenues generated from the inside
millage can be used, as part of the 2010 — 2014 CIP process, Council approved allocating .35 mills
to the Parkland Acquisition Fund and 1.4 mills to the Capital Improvements Tax Fund for 2010 and
2011. As part of the 2012 — 2016 CIP process, Council approved the continuation of the same
inside millage allocation as in 2010 and 2011. As we have discussed, the City has the ability to
revise annually how the inside millage is allocated, and reviews the allocation as part of the Tax
Budget process and the CIP process.
In 2012, it is estimated that approximately $2,852,100 in property tax revenue will be credited to
the Capital Improvements Tax Fund and approximately $713,000 to the Parkland Acquisition Fund.
The balance in the Parkland Acquisition Fund at the end of 2011 is estimated to be approximately
$3.5 million.
The adoption of this Resolution is required by Section 5705.34 of the Ohio Revised Code. As
stated in the attached correspondence from the Franklin County Budget Commission, the adopted
Resolution is to be filed with the Budget Commission on or before October 1.
Recommendation
Staff is recommending the adoption of Resolution No. 47 -11 at the September 26, 2011 City
Council meeting.
Budget Commission
Franklin County • Ohio Edward J. Leonard
Treasurer
Ronald J. O'Brien
Prosecuting Attorney
Clarence E. Mingo II
TO: POLITICAL SUBDIVISIONS & LIBRARIES WITH A LEVY Auditor
FROM: KERRI L. RITCHIE, CLERK 1 2 w - Ke kri L. Ritchie
RE: OFFICIAL CERTIFICATE OF ESTIMATED RESOURCES
DATE: AUGUST 31, 2011
Enclosed are the following documents:
1. 2012 Official Certificate of Estimated Resources
2. Resolution Accepting the Amounts and Rates Authorizing the Necessary Tax Levies
The Resolution Accepting the Amounts and Rates must be voted on and adopted by
your respective governing body and returned to this office on or before the first day of
October (O.R.C. 5705.34). The amounts on this resolution include the real property state
reimbursement for rollback and homestead. In the event your subdivision passes a levy in
November and/or has a bond rate to be set by the Budget Commission, an Amended Resolution
Accepting the Amounts and Rates Authorizing Necessary Tax Levies" will be forwarded to you in
late December.
The Real Estate & Public Utility tax levy revenue estimates appearing on your Official
Certificate are based on 2010 valuation data and new construction as of January 1, 2011. The
Official Certificate takes into account the "make whole" provisions as provided by the Ohio
Department of Taxation.
Levies expiring in 2011 have been removed. Levies to be voted on in November 2011 are
not included.
It should be noted that current tax revenue estimates may increase or decrease when actual
valuation and effective tax rate data become available in December. These numbers do not include
the new reappraisal values. They will not be available until they are certified by the State in
December.
If you have any questions, please do not hesitate to contact me at 525 -3743 or 525 -3211.
RECEIVED
Enclosures
SEP o 2 2011
c/o County Auditor • 373 South High Street • 21st floor • Columbus, Ohio 43215 -6310 • (614)WNMEPT.