03/18/2003 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 3/18/2003 ^ Mr. Miller questioned if the figure for estate taxes was too low, and he does not feel that the estate tax can balance the budget. Mrs. Copfer, however, feels that the figure is a correct range at this time and can be raised if resources are available. ^ The bond retirement investment earnings is used to cover short-falls of the income tax pledged to pay street and storm sewer debt. ^ The permanent improvement and street and storm sewer fund receives 15% of the income tax receipts. ^ Fairview Park estimate for 2003 sewer fund is $760,872. ^ The estimate amount for Springvale fund for hospitalization of employees is $25,304. ^ Rocky River Court estimate is $120,000. ^ The 2003 estimated resources for Dillard's, $45,907.22. ^ The sale of the old library building is not considered in this budget. ^ There is no paymerrt from Springvale to the bond retirement or the general fund at this time. We will be looking at this income in 2003 ^ Employees not called back to work are one correction officer and three secretaries. These positions are not funded in the proposed budget for 2003. ^ The health and welfare expense was reduced to $54,153. ^ Hospitalization was reduced for the 9 month period by $18,117. ^ Butternut Ridge trenching expenses (outside services) will come from the Service Director's budget. ^ Snow removal and salting so far has cost the city approximately $350,657. ^ Arbitration for employees for the year 2003: fire, $3,750; police, $3,750, for a total of ^ $7,500. The cost of prisoner care and why it is difficult to ascertain that amount in advance ^ was discussed. Hydrant repairs in the Engineering Department, used to make repairs for unreported damages by cars or by vandalism. ^ The cost of traffic and signal repair. The Mayor will determine if the cost can be further reduced. ^ City dues used for department membership and for certification. ^ The cost of printing and mailing the Popular Annual Financial Report (P.A.F.R.), related to the audit, will be presented to Council before the Finance Director goes ^ forward with it. Line 509 is for the attorney fees for note borrowing information and for debt covenant requirements. ^ Concerns about increases in gas and oil, Service overtime, cuts in state funding and in income tax and equipment failure. These items can have a serious effect on the budget. ^ The Safety Department line item for organization and travel was reduced to $500. ^ Capital improvements for 2003. The improvements that were previously discussed are still on track. South Canterbury Road was discussed, and it will be included in the capital improvements for 2003. The total cost will be $45,500. Of that total, $10,000 will come from pavement markings, which was reduced by the repair of Lorain Road for the year 2003. Also money from the motor vehicle license tax fund will be used. ~~ 6