06/18/2000 Meeting Minutes - Laserfiche WebLink

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MINUTES OF A PUBLIC HEARING OF COUNCIL Mayfield Village June 18, 2001 The Council of Mayfield Village met for a Public Hearing on Monday, June 18, 2001, at 8:05 p.m. in the Mayfield Village Senior Center/Community Room. Council President Bill Marquardt presided. ROLL CALL: Present: Mr. Buckholtz, Mr. Busa, Mrs. Cinco, Mr. Ilacqua, Mr. Marquardt, Mrs. Mills and Dr. Parker Alisent: None Also Present: Mayor Rinker, Mr. Brett, Mr. Cappello, Lt. Dearden, Mr. Diemert, Lt. Girbino, Mr. Metzung, Mr. Samac, Mr. Thomas and Mrs. Roman Council President Marquardt said the Public Hearing is regarding the adoption of a tax budget. He asked Mr. Brett to comment. Mr. Brett said this is the first preliminary budget for 2002. It is based upon the last 2 years revenues and expenses and projecting out over next year. We are starting to reallocate inside millage from general bond retirement back to the General Fund to address the fact that we've got new revenue streams coming in via the TIF brdinance that we passed a couple of years ago. Tax rates for property owners will probably be reduced from the municipal standpoint. There are no changes overall. There haven't been any changes in the overall tax rates levied by the municipality over the last 7 years; the only changes have been in a downward motion. Taxes over the last 10 years have gone down; they have never increased in my tenure here and that will continue to be the case. That is from the properiy tax standpoint. Mr. Brett said he is open to any questions and has a copy of the budget available. He would be glad to discuss it after the meeting and/or to provide anyone who would like a copy with a copy. There were no comments. Mrs. Mills, seconded by Mr. Ilacqua, made a motion to adjourn. ROLL CALL: AYES: Mr. Buckholtz, Mr. Busa,lVlrs. Cinco, Mr. Ilacqua; NIr. Marquardt, Mrs. Mills and Dr. Parker NAYS: None Motion Carried The Public Hearing was adjourned at 8:05 p.m.