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<br />CITY OF NORTH OLMSTED
<br />ORDINANCE N0. 85 - 108
<br />BY: MR. RONALD J. WILAMOSKY
<br />AN ORDINANCE TO MAKE APPROPRIATIONS FOR THE CURRENT EXPENSES
<br />AND OTHER EXPENDITURES FOR THE CITY OF NORTH OLMSTED FOR THE
<br />YEAR ENDING DECEMBER 31,1985. AS AMENDED
<br />WHEREAS, Income Tax Collections will exceed the amount anticipated by
<br />$125,000.00; and
<br />WHEREAS, Estate Tax income received exceeds the amount anticipated by
<br />$56,963.00; and
<br />WHEREAS, it has been determined that for consistancy in financial reporting
<br />that income tax collection fees be reported separately as a deduction from income
<br />tax receipts; and
<br />WHEREAS, the Sewer Revenue Fund Administration Charges paid to the General Fund
<br />in the amount of $70,000.00 were neither included in the original General Fund budget
<br />or the Sewer• Revenue Fund appropriations; and
<br />WHEREAS, the City of North Olmsted has entered into an agreement with the City
<br />of Olmsted Falls and Olmsted Township to purchase a van for $4,898.00 for which the
<br />General Fund will receive $588.00 from the City of Olmsted Falls and $686.00 from
<br />Olmsted Township; and
<br />WHEREAS, the City adopted Ordinance 85-84 which authorized the Mayor to enter
<br />into a supplemental agreement at a cost of $75,384.00 for the Step II portion of the
<br />Waste Water Treatment Renovation, of which 25% was addressed in Ordinance 84-29 and
<br />75% will be reimbursed by the Federal Enviromental Protection Agency; and
<br />WHEREAS, the Vehicle License and Gasoline Tax receipts of the Street Maintenance
<br />Fund will exceed the anticipated amount of $20,000.00.
<br />NOW THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF NORTH OLMSTED,COUNTY
<br />OF CUYAHOGA, AND STATE OF OHIO:
<br />SECTION l: That the General Fund anticipated and budgeted receipts be amended
<br />to read $6,987,072.34 through the exclusion of the appropriated Income Tax Collection
<br />Fee amount of $118,350.00 and the inclusion of the additional $125,000.00 of Income
<br />Tax collections, the additional $588.00 City of Olmsted Falls receipt, the additional
<br />$686.00 Olmsted Township receipt, and the additional $70,000.00 of Sewer Revenue
<br />Administration Charge receipts.
<br />SECTION 2: That to provide for the current expenses and other expenditures of the
<br />City of North Olmsted during the year ending December 31, 1985, $18,364.08 be transferred
<br />from the Step III Fund to the Step II Fund.
<br />SECTION 3: That due to a$56,538.00 reimbursement from the Federal Environmental
<br />Protection Agency the Step II Fund anticipated and budget receipts be further increased
<br />to $75,384.00
<br />SECTION 4: That due to increased Vehicle License Registration and Gasoline Tax
<br />receipts the anticipated and budgeted receipts of the Street Ma.intenance Fund be increased
<br />to $464,259.00.
<br />SECTION 5: That to provide for current expenses and other expenditures of the City
<br />of North Olmsted during the year ending December 31, 1985, the following sums be and they
<br />are hereby set aside and appropriated as follows:
<br /> Current Additional New Amount
<br />GENERAL FUND
<br />Van -0- 2,058.00 2,058.00
<br />McKenzie Culvert 9,000.00 5,000.00 14,000.00
<br />Contingency 5,000.00 4,000.00 9,000.00
<br />Retirement and Vacation
<br />Supplemental Pay -0- 10,000.00 10,000.00
<br />City Insurance 130,000.00 115,000.00 245,000.00
<br />Street Repair Material 49,000.00 65,000.00 114,000.00
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