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Minutes of a Meeting of the North Olmsted Parks and Recreation Commission March 5, 2007 service, though there’s a little wiggle room through because some has been able to be refunded. You can tell that a big chunk drops off in 2012, so then those monies will be had for street and storm improvement. The sanitary sewer system user charges actually have a couple of OWDA and OPWC loans back from ’97 and ’95 at the plant, so it’s about $1.6 million that they’re required to pay every year in debt service. Rec facility revenues sounds like Rec but it’s Springvale. That is Springvale debt service on the purchase of it for $4.2 million and the $2.5 million in improvements. Special assessments is the Industrial Parkway street. It’s a special assessment bond, and hotel/motel tax revenues have a specific purpose for safety equipment. Ms. Copfer then asked if that answered the Commission’s questions; were there any questions? Mr. DiSalvo said that when at year end, it’s all said and done, we know we were budgeted for $2.5 million in expenses and we only used $2.3 and there is $200,000 left; everyone thinks that should go back into Rec, but isn’t that General Fund money? Ms. Copfer said, “No, absolutely not. Recreation is its own Fund. All the monies stay in that Fund. When you receive monies for a specific purpose, you’re not allowed to take it out of that Fund and put it into another Fund.” Mr. Baxter said that was the question the Commission members were talking about last month. Mr. DiSalvo said that since it’s earmarked for specific line accounts…Ms. Copfer said it was not line accounts, it’s the Fund. Mr. Baxter said Mr. DiSalvo could have bought the bleachers. Ms. Copfer said the problem is that if you don’t have an appropriation for it; if Council didn’t approve it because they control the purse strings, th you can’t just go and spend it on December 28. Council has to have it appropriated in a line item in the Fund. Mr. Baxter said that the problem is that the Commissioner doesn’t know what the net revenue is in March or until it’s closed out. By then, you can’t do anything with it. Ms. Copfer said by then it’s been re-appropriated for this year. Whatever is carried over is an unencumbered balance and carried over into the current year and is available resources to be able to re-appropriate for the next year. Mr. Baxter said there wasn’t any carryover. Ms. Copfer said there was. Go back to the first sheet called the Year to Date Through December 31, 2006. Go to the Rec Center which is Fund 240, you will see that the Rec started out the year with $75,698. They brought in $2,179,319 in revenue, and there was $2,162,033 in expense, and then there’s the cash balance. However, the Rec had purchases encumbered for $24,146. So, their unencumbered balance at the end of the year was $68,837.87. There wouldn’t have been that much if Finance had taken that money for debt, but Carrie didn’t. Other than money coming in from the City for the debt service, Mr. Scarl wanted to know, that Ms. Copfer said was paid for the ’00 ice rink, is there any other city money coming out of the General Fund for the Rec Center, or is it totally being funded by the taxpayers’ money and programs? Ms. Copfer said that, for the most part, it’s been funded by the tax monies and programming, but there have been times when the City has helped, e.g., the pool roof and when the Service Department was here for weeks rebuilding the outdoor pool (there was no charge for that). Does the City do things to help out? Absolutely. The City cuts all the grass (that comes out of the General Fund). Also, there was a time there was about $200,000 allocated into Recreation for specific projects in ’00, which the Finance Director believed were accomplished. Page 4