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Carrie B. Copfer, CPA <br />Director of Finance <br />City of North Olmsted <br />5200 Dover Center Road • North Olmsted, Ohio 44070 -3129 <br />Department of Finance <br />Memorandum <br />To: All of Council, Mayor <br />From: Carrie B. Copfer, Director of Finance op <br />Date: August 2, 2005 <br />Re: 2006 County Tax Budget <br />Phone: (440) 777 -8000 <br />Fax: (440) 777 -5774 <br />The County Tax Budget for 2006 is on first reading this evening. The attachment for that <br />resolution is attached to this memo. For the benefit of the new council members, and as a <br />reminder to the remaining elected ones, the purpose of the county tax budget is to assist <br />the county budget commission in setting tax rates based on a taxing unit's need. This is <br />what this budget is intended to project at a high level overview - the City of North <br />Olmsted needs the voted and charter mills levied to operate and meet its debt service <br />requirements. There is no line by line detail. They also review all the debt service <br />requirements to insure all debt requirements are met. I believe this tax budget <br />accomplishes these goals and requirements. <br />Obviously, we will be discussing it in committee and I welcome any Council person who <br />has questions or would like to meet prior to the committee; meeting to call. <br />f.0 „�:. <br />