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44-09 ResolutionRECORD OF RESOLUTIONS Blank, Inc.. Form No. 30045 44-09 Resolartio,: No. Pns.red 20 A RESOLUTIO\' AMENDING THE AMOUNTS AND RATES AS DETERMINED BY THE BUDGET COMMISSION AND AUTHORIZING THE \'ECESSARY TAX LEVIES AND CERTIFYING THEM TO THE COUNTY AUDITOR AS REQUIRED BY OHIO REVISED CODE, SECTION 5705.34 AND 5705.35 WHEREAS, Dublin City Council, in accordance with the provisions of law has previously adopted a Tax Budget for the next succeeding fiscal year commencing January 1, 2010; and WHEREAS, 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 tax necessary to be levied by this Council, and what part thereof is without, and what part within, the ten mill limitation; and WHEREAS, Dublin City Council accepts the amount and rate without the 10 mill limitation (police operating) as determined by the Budget Commission and reflected on the attached Exhibit; and WHEREAS, Dublin City Council desires to amend the allocation of its inside millage in accordance with its recently adopted 2010-2014 Capital Improvements Program. NOW, THEREFORE, SE IT RESOLVED by the Council of the City of Dublin, State of Ohio, ~ of the elected members concurring that: Section 1. The amount and rate is hereby accepted for the 1976 Police Operating levy as determined by the Budget Commission in its certification. Section 2. The City's inside millage of 1.75 mills be allocated to the Parkland Acquisition Fund at the rate of .35 mills and to the Capital Improvements Tax Fund at the rate of 1.40 mills. Section 3. There be and is hereby levied on the tax duplicate of said City the rate of each tax necessary to be levied within and without the ten mill limitation for tax year 2009 (collection year 2010) as follows: Fund Police (Safety) Fund Capital Improvements Tax Fund Parkland Acquisition Fund Total Rate to be Levied Inside Outside 10 null 10 mill Limit Limit 120 1.40 .35 1.75 1.20 Section 4. This resolution shall take effect and be in force on the earliest date permitted bylaw. Passed this O~_ day of~~D~"~~b~l~ , 2009 ~~ 2 Mayor -Presiding Officer ATTEST: Clerk of Council e rrrv oi= nuei.i~ Office of the City Manager 5200 Emerald Par]<way, Dublin, Ohio 43017 Phone: 614-410-4400 To: Members of Dublin City Council From: Terry Foeglcr, City Manager ~~ /\~~ Date: September 17, 2009 / Initiated By: Matsha Grigsby, Deputy City Manager/Director of Finance Memo Re: Resolution 44-09 -Amending 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 sates, 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 you are aware, the property tax revenues from the City's inside millage (1.75 mills) was allocated 100 percenC to the Parldaud Acquisition Fund fiom 2001-2006. During that period of time, approximately $16.2 million in revenue was credited to the Parldaud Acquisition Fund. The allocation of flee revenue fian the inside millage was revised as part of tike 2007 tax budget process. For 2007-2009, the City began allocating .95 mills of the total 1.75 mills to the Parkland Acquisition F~md and allocating the remaining .80 mills to the Capital Improvements Tax Fuud. As we have discussed, the City has the ability to revise annually how the revenue from the inside millage is allocated. The recently adopted 2010-2014 Capital Improvements Program (CIP) included revenue projections based on an increased allocation of property tax revenue from the inside millage to the Capital Improvements Tax Fuud for 2010 and 2011. Based on the 2010-2014 CIP, the allocation of property tax revenues from the inside millage will be allocated .35 mills to the Parkland Acquisition Fwd and 1.4 mills to the Capital hnprovements Tax Fmld in 2010 and 2011. This allocation provides additional flexibility as to how the revenues generated from the inside millage can be used. As stated above, the City annually reviews and establishes the allocation on its inside millage. As a result of modifying the allocation of the inside millage after the adoption of the tax budget, the Resolution Acce~~ti~ag The Arnoa~~n~ts And Rates As Determined By The Bau'lget Commission (see the attached exhibit) needs to be amended. The Resolution has been amended to reflect the acceptance of the outside millage for the 1976 police levy and the amended allocation of the inside millage iu accordance with the 2010-2014 CIP. Based on the modified allocation of the inside millage, it is estimated that approximately $2,786,000 in property tax revenue will be credited Co the Capital Improvements Tax Fund and approximately $696,000 to the Parkland Acquisition Fwd. The balance in the Parldaud Acquisition Fuud as of August 31, 2009 was 54,058,070. Staff had discussion with the Clerk of the Frauldi~l County Budget Commission to confirm the process for amending the rates. Memo re. Resolutio~i 44-09 -Amending Amounts & Rates SepCember 17, 2009 Pagc 2 of 2 The adoption of this Resolution is required by Section 570534 of the Ohio Revised Code. As stated in the attached con•espondence 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 44-09 at the SepCember 21, 2009 City Council meeting. Budget Commission Franklin County Ohio TO: POLITICAL SUBDIVISIONS & LIBRARIES WITH A LEVY FROM: KERRI L. RITCHIE, CLERK ~C~ RE: OFFICIAL CERTIFICATE OF ESTIMATED RESOURCES DATE: AUGUST 31, 2009 Enclosed are the following documents: Edward J. Leonard Treasurer Ronald J. O'Brien Prosecuting Attorney Clarence E. Mingo II Auditor Kerri L. Ritchie Clerk 1. 2010 Official Certificate of Estimated Resources 2. Resolution Accepting the Amounts and Rates Authorizing the Necessary Tax Levies The resolution 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 properly 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 lZeal state ~: Public Utility tax levy revenue estimates appearing on your Official Certificate are based on 2008 valuation data and new construction as of January 1, 2009. The revenue estimates for the Personal Property tax levy ai'e based upotl the infarr~lation as supplied by the State of Ohio located on their website. The Olficiai Certificate takes into accou~it the "snake whole" provisions as provided by the Ohio Department of Taxation. Levies expiring in 2009 have been removed. Levies to be voted on in November 2009 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. If you have any questions, please do not hesitate to contact me at 462-3743 or 462-3211. ~\ u_er. Enclosures RECEIVED c/o County Auditor 373 South High Street 21st floor Columbus, Ohio 43215-6310 (EdRJ~I~R~. EXHIBIT RESOL UTIONACCEPTING THE AMOUNTS AND RATES AS DETERMINED BY THE BUDGET COMMISSIO_NAND AUTHORIZING THE NECESSARY TAX LEVIES AND CERT IFYING T HEM TO THE COUNTYA UDITOR 1CITI' COI; \'CII_i OHIO REG7SED CODE, SECTIOn` 5705. i4, 57(15.35 The Cowrcil of the Cih> of DLiB1 LV Frarrklirr County Ohio; met na session on the _ _ _ _ _ _ _ day of /Regular or Special] 2009, at the office o/' with the following neembers present the adoption ofOee,JollowingResolution: NHF,REAS, Tlris Couneil in accordance with t{re provisions of law has previously adopted a Tac Budget, for dze next succeeding frscal year cmnsaencing January 1, 2010; toad L4'HLREAS, The Budget Commission of Franklin County, Ohio, has certified its action thereon to this Council togetleer with ara estimate by the County Auditor of the rate of each tax rrecessarv to be levied by this Council and what part thereof is without, and x>hat part within, the ten nail! lac /imitation, therefore, be it RESOLGED, Bu flee Couneil of the City o/ DL,73L,7~' Frankdirt County, Ohio, that the rnnounts and rates, as deternairaed by the Budget Commission in its certification, be and the scone m'e hereby accepted: aced be it further RESOLVED, That there be grad is herebv levied on the tax duplicate ofsaid City tlae rate of each tax necessmy to be levied withtie and widront tlae ten mill limitation for tae year 2009 (coldectiora year 2070) as follows: SCHEDULEA SUMMARY OFAMOUT'TS REO_ UIRED FROM GENERAL. PROPERTYAPPRO t~ED BY THE BUDGET COMMISSION, AND COUNTYAUDLTOR'S ESTLMATED TAX RATES ~!~~J) .dnaount to he Derived fr~an bevies Outside t0~tlill L,a)raatatao:a Amoanat Approved by Budget Connnission Insidel0!Lli!! Li)nitataon Cor<nN,3uditor's Estiuaate of Fuld Tax Rate to Be Levied Inside Outside IOIv/idl 10~(it1 LaaH![ Li:Ltt Pm~kland.4cgzrisition 51,890,ZS1.85 0.95 General Furul Charter Bond Retirement Bond Retn~ernent Cdzarter Police Pension Police Operating 526,07251 1.20 1?re Pension Fire Operating Police/Fire Pension Capital bnproce:raeazt Chm~ter 1,592,187.06 0. "~0 Road & Sideenalk Fund T O7A/., 852G; 072.51 53; 482, ~G8.97 1.75 1.20 and be it farther RFSOLt'ED, That the Clerk of this Council be and is hereby directed to certify a copy of this Resolution to tlae CounNAudltor afraid County. seconded zhe Resolution and the rot! being called upon its adoption zhe cote reseelted as,follows: :'adopted the day of Aatest: Clerk ofCoancil 2009. Presiden7 ofCoarncil DLi13LI--\~ Franklin County, Ohio. CERTIFICATE OF COPY ORIGINAL ON FILE the State ofOhiq l-ra~rklirr County, ss. 7, .Clerk of tlve Council of the (`itv of DUBLIN within and fbr said Counh%. and in whose c7rszodv the Files aced Records ofsaid Council m~e required by die Laws ojState o~Ohio to he kept do hereby cer?ifv drat die foregoing is Gakera and copied Ji~one die oriorna! now on file, that die foregoing furs been compared by me with said original document, and dzat the same is a true and correct copv thereof. t~t'llA%ESSmvsig~rature,th~s dayof .?009. Clerk ofCourecil DL437.,L\ I i~areklin County. Olio.