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HomeMy WebLinkAbout84-00 OrdinanceRECORD OF ORDINANCES ~o. 84-00 Ordinance No ................................................................... Passed .................................................................., ....................... VF+R AN ORDINANCE ADOPTING THE PROPOSED TAX BUDGET FOR FISCAL YEAR 2001 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, the tax budget is required to be filed with the County Auditor(s), as secretary to the budget commission(s), on or before July 20. NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Dublin, State of Ohio, ~ of the elected members concurring that: Section 1. The proposed 2001 tax budget here to attached as an Exhibit, be and hereby approved. Section 2. This ordinance shall take effect and be in force in accordance with Section 4.04(fa) o~f/.t/he Dublin City Charter. Passed this / ~-/ ~1 day of , 2000 - Presi mg fficer ATTEST: Clerk of Council QAetehy certify that copies of this Ordinance/Resolution were posted in the P:\PER\DKP\2000\tax bud ord.doc Q~- of Dublin in accordance wit!a Section 731.25 of the Ohio Revised Code. --= ,~~~~s.b-- ~~', fl f Council, Dublin, Ohio Office of the City Manager 5200 Emerald Parkway • Dublin, Ohio 43017-1006 CITY OF DUBLIN Phone: 614-761-6500 • Fax: 614-889-0740 Memo To: Members of Dublin City Council From: Timothy C. Hansley, City Manager Date: May 24, 2000 Re: Ordinance No. 84-00, 2001 Tax Budget Initiated by: Marsha I. Grigsby, Director of Finance 't`t~-- The tax budget is a very preliminary step in the 2001 budget process. As stated in the Ordinance, the tax budget is required by the Ohio Revised Code. Once adopted, it will be filed with the Delaware, Franklin and Union County Budget Commissions. The primary importance of the tax budget is that by filing it with the County Budget Commissions by July 20 we are eligible to receive local government funding from the Counties. The Franklin County Budget Commission also reviews the property tax levies that are assessed outside the ten-mill limitation to determine whether or not the millage is appropriate. This year the tax budget reflects a change in the distribution of the City's inside millage. The City's inside millage is 1.75 mills and has been distributed to the General Fund, the Safety Fund, and the General Obligation Debt Service fund for many years. In an effort to address City Council Goal No. 01-04, this tax budget requests the property tax revenue from the inside millage be credited to the Parkland Acquisition Fund. I have attached a copy of Resolution No. 23-00 which adopted the City's goals for 2001 and a recap of the "Hot Zone" and "Cold Zone" priorities established at the goal setting work session held in March. This proposed change allows the City to designate the property tax revenues from inside millage will be used for the purpose of acquiring recreational facility sites, open space, park land, and to purchase less than a fee interest to obtain open space, scenic, or historical easement. This option can be evaluated annually as part of the tax budget process and should economic conditions of the City change, the property tax revenues from the inside millage can be distributed as determined necessary. If you have any questions, please contact Marsha. Attachment T:\2000\Tax Budget Memo.doc wow Revised County Auditor's Form No. Aud 622 Rev. 4-88 Prepare in triplicate On or before July 20th two copies of this Budget must be submitted to County Auditor TAX BUDGET Dayton Legal Blank, Inc. Form No. 310060 Form Prescribed by the Auditor of State City of Dublin Franklin County, Ohio (Date) May 24, , 2000 This Budget must be adopted by the Council or other legislative body on or before July 15th, and two copies must be submitted to the County Auditor on or before July 20th. FAILURE TO COMPLY WITH SEC.5705.28 R.C. SHALL RESULT IN LOSS OF LOCAL GOVERNENT FUND ALLOCATION. To the Auditor of said County: The following Budget year beginning January 1, 2001, has been adopted by Council and is herewith submitted for consideration of the County Budget Commission. Signed ~./~. Name Marsha I. Grigsby Title Director of Finance T:\96\089-6-MG f Q W J W 2 U N X X ° ~ ~ ~ c X X X ~~ ~ m } ~ X '~ U ~ XX ~ O X X a~ m ~ E ~°~ _ > 'N a~ ~ a~ ~' ~ ~ - ~ - X x x x X X X X ~~ ° m E X X ~ ca c ~ ~ X X O ~ J U c ~ o o~ io M X X X .~ ~ X X ~ ~ ~ > ~ X X X X X ~ ~ ~~ _~ ~ U X X X X X m Q p J° ~ ° a~ .o ~ ~ N X X >- a -a y o ° ~ io ~ E X X X ~ Q ~ ~ m E o~ ~ E -n E ~ o X X X X X X m~~ U~ J U X X X Q 0 0o co v_ m X v M N ao O v (D N o to ~ _ c .- X X M rn X X X X ~i } ~ a~ a~ ~ ~ a ~ C E X X X X X Y a~ o~ - • ~ ~ ~ Q m o X ~ X X , Q U X X m ~ ~ X 0 U N ~ N ~ (n Z (n .~ ~ Z LL Z ~ ~ N O X ~ ~ ~ Z ~ ~ ~ Z ~ Z ~ O O ~0 ~ y N >, ~- Z _ f Q Z ~ Z ~ ~ ~ Ll ~ LL J ~ c N O ~ uJ H H Q Q ~ o~ o z a W v cn W v J -a v a W p ~ } ~ = W ~ ~ Z ~ ~ ~ ~ Q ~ W Q W W U ~ J Y w O ~ Q C7 a C7 n. a~ 0 .~ N .~ E 0 U m O CO O LL a> (D a _U C 0 O X (6 E .~ Q SCHEDULE B LEVIES OUTSIDE 10 MILL LIMITATION, EXCLUSIVE OF DEBT LEVIES FUND Maximum Rate Authorized to be Levied Tax Year County Auditor's Estimate of Yield of Levy (Carry to Schedule A, Column 3) GENERAL FUND: Current Expense Levy authorized by voters on / / "'"' not exceed years. Authorized under Sect. , R.C. Current Expense Levy authorized by voters on / / ~r.+ not exceed years. Authorized under Section. , R.C. Current Expense Levy authorized by voters on / / not exceed years. Authorized under Section. , R.C. Current Expense Levy authorized by voters on / / not exceed years. Authorized under Section. , R.C. Current Expense Levy authorized by voters on / / not exceed years. Authorized under Section. , R.C. not exceed years. Authorized under Section. , R.C. Current Expense Levy authorized by voters on / / not exceed years. Authorized under Section. , R.C. TOTAL GENERAL FUND OUTSIDE 10 MILL LIMITATION SPECIAL LEVY FUNDS POLICE/SAFETY FUND, Levy authorized by voters on 06/1976 1.2 not to exceed ONGOING years. Authorized under Section , R.C. FUND, Levy authorized by voters on / / not to exceed years. Authorized under Section , R.C. FUND, Levy authorized by voters on / / not to exceed years. Authorized under Section , R.C. y" FUND, Levy authorized by voters on / / not to exceed years. Authorized under Section , R.C. FUND, Levy authorized by voters on / / not to exceed years. Authorized under Section , R.C. FUND, Levy authorized by voters on / / not to exceed years. Authorized under Section , R.C. FUND, Levy authorized by voters on / / not to exceed years. Authorized under Section , R.C. FUND, Levy authorized by voters on / / not to exceed years. Authorized under Section , R.C. FUND, Levy authorized by voters on / / not to exceed years. Authorized under Section , R.C. FUND, Levy authorized by voters on / / not to exceed ears. Authorized under Section , R.C. s:\per\mig\jjm\taxbud01 FUND NAME: GENERAL FUND FUND TYPE/CLASSIFICATION: GOVERNMENTAL --GENERAL This Exhibit is to be used for the General Fund Only EXHIBIT I DESCRIPTION (1} For 1998 Actual (2) For 1999 Actual (3) Current Year Estimated for 2000 (4) Budget Year Estimated for 2001 (5) REVENUES XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX Local Taxes General Property Tax -- Real Estate 926,226 974,542 1,020,000 0 Tangible Personal Property Tax 151,663 154,562 146,800 0 ~. Municipal Income Tax 25,760,206 30,361,529 32,183,220 34,114,214 Other Local Taxes 505 500 500 0 Total Local Taxes 26,838,600 31,491,133 33,350,520 34,114,214 Intergovernmental Revenues State Shared Taxes and Permits Local Government 1,066,027 1,090,128 1,074,500 1,130,000 Estate Tax 379,533 222,426 290,000 25,000 Cigarette Tax 744 800 700 500 Liquor and Beer Permits 31,324 32,533 25,000 25,000 Gasoline Tax 0 0 0 0 Library and Local Government Support Fun 0 0 0 0 Property Tax Allocation 129,742 125,544 136,220 0 Other State Shared Taxes and Permits 0 0 0 0 Total State Shared Taxes and Permits 1,607,370 1,471,431 1,526,420 1,180,500 ~ Federal Grants or Aid 0 0 0 0 State Grants or Aid 0 12,365 0 0 Other Grants or Aid 0 0 0 0 Total Intergovernmental Revenues 1,607,370 1,483,796 1,526,420 1,180,500 Special Assessments 0 0 0 0 Charges for Services 19,701 32,060 177,000 202,000 Fines, Licenses, and Permits 2,115,594 2,190,828 1,365,050 1,456,120 Miscellaneous 1,341,713 1,133,809 759,200 626,000 Other Financing Sources: Proceeds from Sale of Debt 0 0 0 0 Transfers 62,395 206,741 252,760 0 Advances 351,857 6,205,308 1,300,000 1,100,000 Other Sources 0 0 0 0 TOTAL REVENUE 32,337,230 42,743,675 38,730,950 38,678,834 -, s:\per\mig\jjm\taxbud01 FUND NAME: GENERAL FUND FUND TYPE/CLASSIFICATION: GOVERNMENTAL -- GENERAL This Exhibit is to be used for the General Fund Only EXHIBIT I DESCRIPTION (1) For 1998 (2) For 1999 (3) Current Year Estimated for 2000 (4) Budget Year Estimated for 2001 (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 145,025 141,551 180,000 198,000 ~""` Supplies and Materials 90,344 51,901 113,170 124,487 Capital Outlay 0 0 18,500 20,350 Total Security of Persons and Property 235,369 193,452 311,670 342,837 Public Health Services Personal Services 0 0 0 0 Travel Transportation 0 0 0 0 Contractual Services 77,626 92,411 105,000 115,500 Capital Outlay 0 0 0 0 Total Public Health Services 77,626 92,411 105,000 115,500 Leisure Time Activities Personal Services 1,278,537 1,485,639 1,866,000 2,052,600 Travel Transportation 8,750 13,695 22,900 25,190 Contractual Services 126,506 197,835 298,910 328,801 Supplies and Materials 178,739 178,901 283,275 311,603 Capital Outlay 152,280 107,710 178,225 196,048 Total Leisure Time Activities 1,744,812 1,983,780 2,649,310 2,914,241 Community Environment '~°° Personal Services 2,879,896 3,301,838 3,902,900 4,293,190 Travel Transportation 63,801 57,174 85,150 93,665 Contractual Services 655,279 892,440 1,086,000 1,194,600 Supplies and Materials 67,049 89,411 134,000 147,400 Capital Outlay 65,885 87,778 35,000 38,500 Total Community Environment 3,731,910 4,428,641 5,243,050 5,767,355 Basic Utility Services Personal Services 137,642 129,555 174,800 192,280 Travel Transportation 277 0 600 660 Contractual Services 14,409 14,519 65,080 71,588 Supplies and Materials 966,356 1,001,243 1,093,300 1,202,630 Capital Outlay 0 0 4,000 4,400 Total Basic Utility Services 1,118,684 1,145,317 1,337,780 1,471,558 s:\per\mig\jjm\taxbud01 FUND NAME: GENERAL FUND EXHIBIT 1 FUND TYPE/CLASSIFICATION: GOVERNMENTAL --GENERAL This Exhibit is to be used for the General Fund Only DESCRIPTION (1) For 1998 (2) For 1999 (3) Current Year Estimated for 2000 (4) Budget Year Estimated for 2001 (5) Transportation Personal Services 0 0 0 0 ~,,,, Travel Transportation 0 0 0 0 Contractual Services 0 0 0 0 y~„ Supplies and Materials 0 0 0 0 Capital Outlay 0 0 0 0 Total Transportation 0 0 0 0 General Government Personal Services 2,934,862 3,408,982 4,172,390 4,589,629 Travel Transportation 128,257 150,101 231,950 255,145 Contractual Services 3,030,810 3,322,763 3,721,755 4,093,931 Supplies and Materials 556,429 1,307,938 2,053,375 2,258,713 Capital Outlay 4,108,239 185,204 305,100 335,610 Total General Government 10,758,597 8,374,988 10,484,570 11,533,027 Debt Service Redemption of Principal 0 0 0 0 Interest 0 0 0 0 Other Debt Service 0 0 0 0 Total Debt Service 0 0 0 0 ether Uses of Funds ~„~,,, Transfers 18,300,658 16,624,419 22,080,000 18,742,000 Advances 810,500 5,060,000 0 0 Contingencies 94,336 129,024 175,000 192,500 Other Uses of Funds(Refunds) 1,142,083 1,331,077 1,614,400 1,775,840 Total Other Uses of Funds 20,347,577 23,144,520 23,869,400 20,710,340 TOTAL EXPENDITURES 38,014,575 39,363,109 44,000,780 42,854,858 Revenues over/(under) Expenditures (5,677,345) 3,380,566 (5,269,830) (4,176,024) Beginning Unencumbered Balance 17,169,653 11,492,308 13,185,517 7,915,687 Ending Cash Fund Balance 11,492,308 14,872,874 7,915,687 3,739,663 Estimated Encumbrances (1,557,387) (1,687,357) 0 0 Estimated Ending Unencumbered Fund Balance 9,934,921 13,185,517 7,915,687 3,739,663 s:\per\mig\jjm\taxbud01 FUND NAME: SAFETY/POLICE OPERATING FUND TYPE/CLASSIFICATION: SPECIAL REVENUE EXHIBIT II To be used for any fund receiving property tax revenue except the General Fund. DESCRIPTION (1) For 1998 Actual (2) For 1999 Actual (3) Current Year Estimated for 2000 (4) Budget Year Estimated for 2001 (5) REVENUE XXXXXXXX XXXXXXXX XXXXXXXXX XXXXXXXX Local Taxes 872,751 913,295 921,600 334,000 Intergovernmental Revenue 138,570 104,423 93,700 43,000 Charges for Services 252,044 235,253 195,500 190,500 miscellaneous 73,980 39,842 18,000 13,000 her Financing Sources: Transfers 3,600,000 4,025,000 4,800,000 5,800,000 Other Sources 0 0 0 0 TOTAL REVENUE 4,937,345 5,317,813 6,028,800 6,380,500 EXPENDITURES (Identify each program and object XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX code at the same level shown on XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX Exhibit I) XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX (PROGRAM) (OBJECT) XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX Security of Persons and Property Personal Services 4,608,991 5,038,650 5,420,000 5,962,000 Travel/Transportation 65,031 60,413 114,500 125,950 Contractual Services 86,444 86,071 161,300 177,430 upplies and Materials 59,097 87,217 151,000 166,100 :apitalOutlay 98,806 37,509 123,100 135,410 ~,,,Jther Uses(Refunds) 60 120 500 550 TOTAL EXPENDITURES 4,918,429 5,309,980 5,970,400 6,567,440 Revenues Over (Under) Expenditures 18,916 7,833 58,400 (186,940) Beginning Unencumbered Fund Balance (Use Actual Cash Balance in Col. 2 and 3) 349,688 368,604 376,437 434,837 Ending Cash Fund Balance 368,604 376,437 434,837 247,897 Estimated Encumbrances (outstanding at end of year) (64,937) (154,503) 0 0 Estimated Ending Unencumbered Fund Balance 303,667 221,934 434,837 247,897 s:\per\mig\jjm\taxbud01 FUND NAME: GENERAL OBLIGATION BOND RETIREMENT EXHIBIT 11 FUND TYPE/CLASSIFICATION: DEBT SERVICE To be used for any fund receiving property tax revenue except the General Fund DESCRIPTION (1) For 1998 Actual (2) For 1999 Actual (3) Current Year Estimated for 2000 (4) Budget Year Estimated for 2001 (5) REVENUE XXXXXXXX XXXXXXXX XXXXXXXXX XXXXXXXX Local Taxes 92,259 96,549 90,040 21,850 Intergovernmental Revenue 11,133 10,730 10,100 2,775 _ miscellaneous 41,714 27,132 15,000 15,000 they Financing Sources: roceeds From Sale Of Debt 23,385,865 5,524,788 32,986,000 0 Transfers 5,377,010 6,255,056 5,867,699 6,659,398 TOTAL REVENUE 28,907,981 11,914,255 38,968,839 6,699,023 EXPENDITURES (Identify each program and object XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX code at the same level shown on XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX Exhibit I) XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX (PROGRAM) (OBJECT) XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX Debt Service: Redemption of Principal 26,297,403 8,858,250 35,860,249 3,617,499 Interest 2,358,762 3,070,030 2,785,051 3,067,625 Other Debt Service 251 299 600 300 TOTAL EXPENDITURES 28,656,416 11,928,579 38,645,900 6,685,424 Revenues Over (Under) Expenditures 251,565 (14,324) 322,939 13,599 Beginning Unencumbered Fund Balance (Use Actual Cash Balance in Col. 2 and 3) 149,977 401,542 387,218 710,157 Ending Cash Fund Balance 401,542 387,218 710,157 723,756 Estimated Encumbrances (outstanding at end of year) 0 0 0 0 Estimated Ending Unencumbered Fund Balance 401,542 387,218 710,157 723,756 s:\per\mig\jjm\taxbud01 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. DESCRIPTION (1) For 1998 Actual (2) For 1999 Actual (3) Current Year Estimated for 2000 (4) Budget Year Estimated for 2001 (5) REVENUE XXXXXXXX XXXXXXXX XXXXXXXXX XXXXXXXX Local Taxes 0 0 0 1,908,600 Intergovernmental Revenue 0 50,000 0 241,900 Fines, Licenses, and Permits 168,236 0 0 0 #~'""'scellaneous 16,757 8,600 0 0 her Financing Sources: ~ransfers 399,300 290,000 1,810,000 140,000 Other Sources-Donations 0 250,000 0 0 TOTAL REVENUE 584,293 598,600 1,810,000 2,290,500 EXPENDITURES (Identify each program and object XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX code at the same level shown on XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX Exhibit I) XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX (PROGRAM) (OBJECT) XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX Capital Outlay 812,491 531,176 260,000 2,415,000 TOTAL EXPENDITURES 812,491 531,176 260,000 2,415,000 Revenues Over (Under) Expenditures (228,198) 67,424 1,550,000 (124,500) Beginning Unencumbered Fund Balance (Use Actual Cash Balance in Col. 2 and 3) 284,724 56,526 123,950 1,673,950 Ending Cash Fund Balance 56,526 123,950 1,673,950 1,549,450 Estimated Encumbrances (outstanding at end of year) 0 0 0 0 Estimated Ending Unencumbered Fund Balance 56,526 123,950 1,673,950 1,549,450 s:\per\mig\jjm\taxbud0l r*~ H 00 X W O O M O O rt ~ O ~ O M QO ~ 00 M ti O O O ti ~ p Cp ~ r M CO lf) d' M 1~ lf) (O 00 ~ N N N N ` ~ X X N r N M N N I~ r -~ CO lf) ~ X ti M r X ~ ~ ~ N M X X ti LC') M 1~ M I~ O ~ N CO r O X ~ M Op X (O (O X X 00 r O M M N r N X O r r ~ ~ M ~ ~ X M M X N N E O X X r X n c X X ~ W X X c~ X X X X ~ ~ m ~t O O t~ O I~ O O tC) O O M X CO ~ ~- X 0 O O O 0 X X C7 tf) r M CD O O lf) O lf) ~ In r 0 0 X X O h ~ r M M In M ~h 'ct X ti N O X O O O X X O M O M r M lC) ~ CO I~ X O) O O ~ ~ O ~ X X O N r CO h r (p I~ X N N l!') 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Estimated Cost DESCRIPTION of Permanent Improvement Revised Code) Amount to be Budgeted Durin Name of Paying Fund Current Year Leisure Time Activities Bikeway Maintenance/Additions 780,000 780,000 Capital Improvements Tax Fund Various park improvements 700,000 700,000 Capital Improvements Tax Fund '~nsportation nnual street maintenance 1,366,000 1,366,000 Capital Improvements Tax Fund Various roadway improvements 1,335,000 1,335,000 Capital Improvements Tax Fund General Government Various City Equipment 2,178,000 2,178,000 Capital Improvements Tax Fund Other capital improvements 4,220,000 4,220,000 Capital Improvements Tax Fund ~. TOTAL 10,579,000 10,579,000 For the year being budgeted. list each contemplated di sbursement for permanent imorovements.exclusive of anv expense to be paid from bond issues, by the fund from which the expenditure is to be made. s:\per\mig\jjm\taxbud0l STATEMENT OF AMOUNTS REQUIRED FOR EXHIBIT V PAYMENT OF FINAL JUDGEMENTS s:\per\mig\jjm\taxbud01 •~* List the amounts required for the payment of each judgement expected to be paid during the year being budgeted. ~"' A F- 00 2 X w w o ~ 0 0 0 0 ~ m ~ ~ m ~ ~ ~ X X X X X X _ ~ T `~ X X X ~ a' a~ X X x a~ ~ ~ ~ X X X ~ ~ O o X X X Q ~ ~ `~ X X X 0 ~ ~ X X `n o xx rn ~ rn ~_ 7 n~ c•> X X X X ~ ~ X ~ o a ao v N co ~~ ~ X X ~ X ~ ~ X X o c d v X X r 0 0~ o X X X E Q - X X X ` m ~ o0 0 °0 00 00 N C ~ O X X o X O O O ~ ~ o X X o X in ~ N ~ ~ ~ ~ ~ ~ ~ [0 Y _ `- ~ rn m ~ ~ X X X X X X ~ O - -a o ~ aNi c~~o c ~ X X X ~ o to 'c ~ E Z ~ X X X X X X ~ m Q ~ a> } X X X ~ m N X X ~ ~ X o 0 ~ °~ N O ~ X X o to ~n N ~ ~n N o O ~ ~ X X X X r r X r ~ tf) tO ~ ~ ~ ~ E p ~ ~ ~ X X X X X X m ~ ~ ~ ~ ~ X X X ~ ~ ~ ~ ~ ~ v _o ~ X X X X ,n rn X X ~ ~ X X n X ~ n ~_ o -° N X X `~ N o X ~ ~ i a O ~ X X X >, w X X CO ° O ° X ~ O ~ cv ~ X X o o X o 0 ~ ~ ~ X X ~ N X N - r . O a~ o X X ~ ~ X ~ ~ o f ~ ~' X X X X o ~ o cv X X o N 0 r~ X X ~ r X •- o X X X o 0 _ _ co C 0 0 o E X X X o 0 >~ J X X > X o 0 Q J X X X -a ~ c ~ Z ~ ~ O ~ m W N - O O ~ ~ Z W ~ ~ ~ C C __ J_ O Q m co ~ ~ o ~ ~ _ ~ a ° ~ 3 ~ ~ ` w 0 3 3 ~ ~ ~ N N J ? ai C N a~ X _N T t ~ ~ a> n 0 U d ~ L_ f9 3 ~ ~ a~ ~ °' ~' o ~ v c ~ w ~ ~ y ~ X ~ ~ ~ X O ~ c . y , ~ w m ~ C _ ~ aNi N 7 a y E '- ~' o ~ L U F- LLi H O Z _: ~ __ _ .___~...._ .__..o~_ ~ city of Dublin Bond Payment Schedule Filename: S:\DATA\FINANCE\99CAFR\SCH EDULS\BOND SPAY 03/13/00 Date 2001 Of Interest Ord. Res. Original O/S PRINCIPAL INTEREST Issue Rate No. No. Amount PRINCIPAL PAYMENT PAYMENT Unvoted Bonds (G.O.) #1 Sewer I1-O1-75 7.75% SI-75 41-75 $200,000 $30,000 $5,000 $2,325.00 * Coffman-Sawmill Waterline 04-IS-78 5.50% 20-78 10-78 509,405 0 0 0.00 Old Dublin Waterline 12-01-79 7.125% 102-78 52-79 487,249 0 0 0.00 * Water Tower Construction OS-Ol-83 8.625% 16-83 09-83 859,000 135,000 45,000 11,643.75 * Post Road Waterline OS-O1-83 8.625% 18-83 09-83 575,000 90,000 30,000 7,762.50 * Frantz/PosU33 OS-01-83 8.625% 17-83 09-83 545,000 80,000 30,000 6,900.00 ;~w* Glick Road Improvement 11-01-85 8.875% 62-85 28-85 200,000 60,000 10,000 5,325.00 * Frantz Road Blvd. 11-01-85 8.875% 60-85 27-85 590,000 180,000 30,000 15,975.00 1 Avery Road Waterline 1 ]-01-85 8.875% 61-85 26-85 383,000 120,000 20,000 ]0,650.00 Municipal Building Expansion I1-O1-85 8.875% 59-85 25-85 800,000 240,000 40,000 21,300.00 * Water Tower Construction 12-0]-90 4.15% 113-90 N/A 2,200,000 1,431,879 134,562 56,927.86 * Swimming Pool Construction 12-0]-90 4.15% 114-90 N/A 1,200,000 765,688 71,956 30,441.78 * Water System Improvements 12-01-90 4.15% 112-90 N/A 1,550,000 1,003,613 94,316 39,901.10 * Frantz Road lmprovements 12-01-90 4.15% 116-90 N/A 455,000 328,770 30,896 13,071.04 * Service Complex 12-01-90 4.15% ] 15-90 N/A 2,400,000 1,561,657 ]46,758 62,087.48 * Sanitary Sewer lmprovements 12-01-90 4.15% 117-90 N/A 1,800,000 1,133,391 106,511 45,060.72 1 Rings/Blazer Water Tower 10-IS-94 6.14% 94-94 N/A 4,100,000 3,285,000 160,000 202,327.50 Rings/Blazer Water Tower ]O-IS-94 5.34% 93-94 N/A 40,000 10,000 10,000 665.00 2 Upper Scioto West Branch 01-01-99 4.35% N/A 01-95 ]9,716,717 17,801,642 696,566 780,763.85 Avery-Muirfield Improvements 09-01-99 5.17% 87-99 N/A 8,055,000 8,316,788 0 0 36,573,428 1,661,566 1,313,127.58 Unvoted Special Assessment Bonds Riverforest Waterline ]0-03-77 5.50% 58-77 35-77 181,950 0 0 0.00 Coffman-Sawmill Waterline 04-IS-78 5.50% 20-78 ]0-78 143,678 0 0 0.00 Old Dublin Waterline 12-0]-79 7.125% 102-79 52-79 312,715 0 0 0.00 Phase II Sewer 07-01-81 10.875% 32-81 32-81 400,000 20,000 20,000 2,175.00 Shier-Rings Waterline 09-01-87 7.375% 82-87 96-87 95,623 35,000 5,000 2,581.25 Dublin Village Center Lighting 10-OI-92 5.51% 107-92 46-90 165,000 85,000 10,000 4,875.00 140,000 35,000 9,631.25 Voted Bonds (G.O.) #1 Sewer (OS-07-68) 12-01-74 7.125% 52-74 29-74 100,000 15,000 3,000 1,068.75 #2 Sewer (11-02-76) 07-01-79 6.50% 56-79 34A-79 225,000 75,000 10,000 4,875.00 * Coffman Road Extension 12-01-90 4.14% 118-90 N/A 315,000 216,334 20,788 8,784.48 * Municipal Faciliry(Land) 12-01-90 4.14% 119-90 N/A 890,000 576,891 55,435 23,425.26 * N.E. Quadrant Parkland 12-01-90 4.14% 120-90 N/A 1,225,000 767,775 73,777 31,176.26 ~* Dublin Justice Center ]0-01-92 4.23% 108-92 N/A 4,100,000 2,860,000 245,000 124,120.00 Duke Realty TIF 10-IS-94 5.34% 91-94 N/A 780,000 145,000 145,000 9,642.50 Community Recreation Center 02-01-96 4.53% 123-95 N/A 6,6] 5,000 4,815,000 430,000 219,060.00 Metatec TIF 02-01-96 4.27% 124-95 N/A 690,000 410,000 60,000 17,890.00 * Recreation Center expansion ] 0-15-98 4.66% 98-98 N/A 3,998,000 3,723,000 140,000 168,723.00 * Scioto Bridge 10-15-98 4.62% 97-98 N/A 7,518,000 6,968,000 290,000 315,147.00 * Radio System Inprovements 10-15-98 3.82% 101-98 N/A 1,011,000 626,000 205,000 22,855.00 Emerald ParkwayTlF-Phase ] ]0-15-98 4.01% 96-98 N/A 1,403,000 1,128,000 145,000 45,037.50 Emerald Parkway TIF-Phase 2 ]0-15-98 4.56% 96-98 N/A 7,874,000 7,704,000 375,000 346,434.00 30,030,000 2,198,000 1,338,238.75 Voted Special Assessment Bonds #1 Sewer (OS-07-74) 04-15-78 5.25% ]9-78 09-78 652,095 0 0 0.00 TullerRoad 10-15-94 6.14% 90-94 N/A 1,185,000 980,000 45,000 60,380.00 980,000 45,000 60,380.00 Total Debt Payments $67,723,428 $3,939,566 $2,721,377.58 * Supported by income tax revenue. 1 Supported by Water Fund revenues. 2 Supported by Sewer Fund revenues. The 1990 and 1992 issues were refinanced in 1998. I^