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Resolution 047-19RE,,'V0LVTI0N,4CCF,PTIJN'G THEAMOUNTSAND RA M,,--V1ISPETV?AfINEfD BY THE.' BUDGET COMAHSSIONAND A UTHORIZING THENECESSARY T.-tXLEf PIES A ND CE. R TIF YING THEA1 TO THIF CO UAITY A UDITOR prycoumcw 01-110 Rri. VISEI) CODE, SLr'CFI0X 5 705.3 4, 5 705.3 5 Proved The adoption of thefollowMg Resolution: IVIIERI-i-AS, I'lds Council in accordance iso ith the row"Tions of law /insprgrffmfy adopted a Tax Budgeffor thenext succeeding fiscal ywar commencilig Jamal y 1, 2020; and f JIIIE# REF/1.5, The Budget Cominission of Franklin Couno), Ohio, has ceriTted As I acflon thereon to Ihis Council fogeffier with at; eslimale by the (,"ounty Audifor of the of of ecich mv necessmy to be levied by tM3 Council, and whai part thareof is wilhoul, tind what partwuhip, the ten mill t Ifinitat ion; thergfor' c, be If OL D, By fhe Council of tyre Cify i?f DU13LIA' Rrairklin Couqis, Ohio,, thal the amounts and rmes, as determined by the Bridget (.1"Onwilssioll /n Its be and the same are hereby accepled: and be itfurther RES01, VF.D, T' tear there be and Is he-reby lerled on the mv duplicare qfstr Cify the rafe of ewh to ireccwsary to be levied within and without the ten mill Iludiationfor tax year 2019 (collection year 2020) asfiollows.z SCtIED ULE A SUAWARYOFAM1?UNTS REQUIRED FROJI GEATERAL PRtaPEWYAPPROYIED BY THE BUDGET COMMISSION, ASVD COUINITYAUDI'TOR'SESI'MIA�''. SW 7AX RATL"S Parkland Acquisition General l+und Charier Bond Retirement Bond Retirement Charter Police Pension Police Operating Fire Pension Fire Operating Police/Fire Pension Capitallinprovemem Charter Road & Sidewalk Lund TOTAL S804)002.75 0.35 536,119 95 1.20 3,216, 010..98 1.40 $536,119.95 $4,020,013.73 1.75 1.20 and be it fin•ther RESOLVED, That the Clerk of This Cowicil be and is hereby directed to certify a copy of this Resolution to the County Auditor of said County. I e rtded the Resolution and the roll being called upon its adoption the bole resulted us follows: El 1,L -f:± - a . & 42 lL o pled ,he m day o Attest: Clerk of Council ouncil Octl ' Fran-klirt County, Ohio. ya Counly.f udilor's Amount to be fl mount Approivd L`stimate of Full Tax Deriveel from by Budget Rate to Be Levied Levies Outside Commission Inside Outside 14111fill Inside 10 Mill 10 A1,011 10 AMI FUND Limitation Linritation %,ilnil Limit Parkland Acquisition General l+und Charier Bond Retirement Bond Retirement Charter Police Pension Police Operating Fire Pension Fire Operating Police/Fire Pension Capitallinprovemem Charter Road & Sidewalk Lund TOTAL S804)002.75 0.35 536,119 95 1.20 3,216, 010..98 1.40 $536,119.95 $4,020,013.73 1.75 1.20 and be it fin•ther RESOLVED, That the Clerk of This Cowicil be and is hereby directed to certify a copy of this Resolution to the County Auditor of said County. I e rtded the Resolution and the roll being called upon its adoption the bole resulted us follows: El 1,L -f:± - a . & 42 lL o pled ,he m day o Attest: Clerk of Council ouncil Octl ' Fran-klirt County, Ohio. ya The State of Una, Franklin Coutity, &s. Clerk qf the Council of Me City of DUBLIN swrIfin andfior sald County, and in whave vlsfocljv the Files and Records qfsaid Council are required by the Laws qfSfate of ONO to ereept do hemby cerfify Mat the foregoing is taken and copied Pimm the original now on file, flint the foregoing, has been compi-ired by me with said original document, and that the same is a true and Correct copy themof WITNESS mysignatwe, this dgy 20M rk of Council DUBLIN Ft-anklin County, Oldo. M W- io: Members of Dublin City Council From: Dana L. McDaniel, City Managerp7'J M1, Date.n September 3, 2019 Ini'ffil'ated By: Matthew Stiffler, Interim Director of Finance Melody Kennedy, Budget Manager Re: Resolution 47-19 — 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 11m1t" as adopted by City Council in the 2020 Tax Budget, Ordinance 23-19. 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's inside millage (also known &�.. 'A"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. Since the approval of the 2010 — 2014 Capital Improvements Program (CIP), including the approved 2020 — 2024 CIP recently adopted, City Council has approved allocating .35 mills to the Parkland Acquisition Fund and 1.40 mills to the Capital Improvements Tax Fund. City Council, of course, has the ability to annually revise how that millage is allocated, and may review that allocation as part of both the operating budget and CIP process. 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 I t-hi-rz; ftev^y 1;.,,) credited t o t 11 %le Sallety Fut-ld. Resolution 47-19 — Accepting the Amounts and Rates and Authorizing Tax Levies September 3, 2019 Page 2 of 2 residential/agricultural property and $10.59 per $100,000 in value on commercial/industrial property, The adoption of this Resolution, officially titled Resolution Accepting the Amounts and Rates a" Determined by the Budget Commission and AuthorIz-1-ng the Necessa them to the County Auditor is required by Section 5705.34 of the Ohio Revised Code. The adopte Resolution is to be filed with the Budget Commission (in Franklin, Delaware and Union Counties on or before October 1. to is recommending the adoption of Resolution 47-19 at the September 9, 2019 City Council meeting.