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Minutes of the Regular Meeting of Council <br />Monday, July 15, 2013 <br />Page 2 <br />PUBLIC HEARING - 2014 TAX BUDGET <br />First Reading of Ordinance No. 2013-111 "An Emergency Ordinance Adopting a Tax <br />Budget for Mayfield Village, Ohio for the Tax Year 2014", Introduced by Mayor and <br />Council as a Whole. <br />Mr. Marrie, seconded by Mr. Delguyd, made a motion to suspend the rules of Council <br />requiring an Ordinance to be read on three separate occasions. <br />ROLL CALL: AYES: All <br />NAYS: None <br />Motion Carried <br />Rules Suspended <br />Mrs. Mills, seconded by Mr. Delguyd, made a motion to enact Ordinance No. 2013-11. <br />Council President Buckholtz asked if there was any discussion. <br />Mr. Wynne explained, by July 15th of every year, we are required to approve and submit.by <br />July 20th a preliminary budget for the next calendar year. It serves two purposes at the <br />County, one is so that they can prepare an Amended Certificate of Estimated Resources so <br />that they can see what our estimated revenues will be for the coming year and the second <br />and probably most importantly is they want to make sure we have enough resources <br />available to meet our debt obligations for the coming year. In preparing this, we take a <br />very conservative approach like we do with the regular budget. There's no significant <br />change in assumptions. This is, again, very preliminary and it does not replace the budget <br />that we approve in March of every year. We will be dealing with that as we come closer to <br />the end of this year. <br />Council President Buckholtz asked, any questions or comments at this point? There were <br />none. <br />ROI,L CALL: AYES: All Motion Carried <br />NAYS: None Ordinance Enacted <br />COMMENTS FROM MAYOR RINKER <br />Mayor Rinker. stated, it's nice to not have rain every day. Also, if you have noticed, we have <br />street signs finally going up. Kudos to the Service Department. They really look sharp. Any <br />e.t.a. for getting the rest done? <br />Mr. Metzung replied, we are waiting on the black posts. Unfortunately the plastic sleeves, the <br />order they got were 8 footers. We have enough that we can continue to do the work, but the bulk <br />of them need to come in. We expect those by the middle of next week. <br />7 <br />L <br />11 <br />