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Council Minutes of 5/21/2002
<br />approximately $82,000, and it will be applied for this year. As the vote on this nears, it
<br />~,. might be appropriate for Council and the administration to sponsor a resolution
<br />supporting the idea that funds be found from sources other than local governments.
<br />3) The county estimated that the real property and public utilities would come in at 1%
<br />over the prior yeaz with a 1% increase. The first half receipts for the real and public
<br />utilities came in at 2.2%. However, the down side is that the county deductions, which
<br />are not finalized yet and aze temstively computed, went up about $42,000 from $114,000
<br />to $156,000. There are two years worth of elections that never got charged to our city or
<br />any community, so we are not alone in this effort.
<br />4) Mr. Brad Lamb, Regional Director of Public Affairs of the Cleveland Region of the
<br />Auditor of State's office, came forward to present an award to Finance Director Came
<br />Copfer and Assistant Finance Director Michelle Bowers. Mr. Lamb explained that the
<br />certificate of achievement for excellence in finance reporting is awarded to local
<br />governments that publish a comprehensive annual financial report which meets the high
<br />standards of the Government Finance Officers Association. These high standazds are
<br />clear and understandable financial information so that the public can understand what is
<br />happening within the city's finances. This is the nation's most prestigious awazd for
<br />excellence in financial reporting and recognizes a commitment to the highest standazds of
<br />financial reporting for those who receive it. In Ohio, out of the 5,000 government entities
<br />which are audited each year, only about 268 receive this prestigious awazd. In honor of
<br />this achievement, Auditor of State Jim Petro presents the award-winning entity with an
<br />Auditor's Award. On behalf of the Auditor of State Tim Petro and the taxpayers of the
<br />State of Ohio, he presented the 2000 Auditor's Award to Finance Director Copfer and
<br />Assistant Finance Director Bowers. (Mrs. Copfer and Mrs. Bowers were congratulated
<br />by all present.) Mrs. Copfer thanked Council and the administration for their continued
<br />support to achieve financial accountability. This awazd and many other important
<br />improvements made to the financial accounting process would not have been possible
<br />without their support, especially in the hiring of a degreed professional, Michelle
<br />Bowers, as the Assistant Finance Director.
<br />Councilman McKay, chairperson of the Finance Committee: 1) The committee met on
<br />Tuesday, May 14. Present were committee members Kasler, Limpert and McKay;
<br />Council members Gareau, Miller, Nashar, Dailey; President of Council O'Grady; Finance
<br />Director Copfer, Law Director Dubelko, Service Director Thomas. The committee
<br />reviewed Ordinance 2002-60 which transfers appropriations for the current expenses and
<br />other expenditures for the city for the year ending December 31, 2002. Transfers were
<br />as follows:
<br />• The General Service Staff category increased by $27, 777 with the funds coming from
<br />the General Operations, $596; General Administrative Personnel, $25,355; Other
<br />Governments, $1,826.
<br />• North Olmsted Bus Line Operations, $223,000 from NOMBL Staff, $157,000; from
<br />Personnel Related, $22,000; from Building and Property, $25,000; from
<br />Administration, $17,000.
<br />• The Sanitary Sewer Administrative increased by $27,181. The Debt Fund increased
<br />by $52,357, which reduced the System category by $79,538.
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