08/02/2005 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 8/2/2005 Finance Director Copfer: l) Year to date June 2005 Fund Summary and Comparatives to June of last year were distributed to Council today. Despite being on two accounting systems currently, transferring the non-payroll data expenditures manually and adjusting to a new system with different account sequences, the cash has reconciled through June of 2005. This is definitely a true testament to the Assistant Finance Director's perseverance and patience. 2) The administration and Finance are in the process of evaluating budget transfer needs. She is reviewing revenues and expenditures through June to identify any potentially significant shortfalls or excesses. She will be summarizing her review in the next two weeks for Council and the administration. 3) The 2006 tax budget (attachment for Resolution 2005-107) was distributed today. The tax budget demonstrates for the County Budget Commission sufficient need to levy the tax mills and for the debt service requirements of the city. 4) The Cleveland Division of Water has approved language that will appear on the August bills notifying customers of the opportunity to qualify for the partial sewer refund for usage less than 1 MCF per quarter. The application is available in the Finance Dept. and also on our website. For further information on qualifications please refer residents to the website or the phone number that is stated on their bill. The deadline for filing applications is Sept. 30, 2005. 5) The Comprehensive Annual Financial Report (CAFR) for 2004 was submitted to the state by the June 30 deadline. Because of the large number of reports that are submitted at that time, the report is still in the process of being formally issued by the state. Copies will be forwarded to Council and the administration as soon as they are available. Councilman Miller inquired whether payments on estate taxes had been received. Finance Director Copfer answered the funds will not be received until November. She can get an update on the numbers and provide that to Council when she provides the revenue and expenditure information at the Finance Committee meeting. Mr. Miller inquired as to whether she was prepared to project this year's carryover. Mrs. Copfer answered that she did not have that figure yet, but she will also provide that during the review at the Finance Committee meeting. Councilman McKay reported on the Cable Advisory Board: The meeting was held on Tuesday, June 28. Present were committee members Nashar, Miller and McKay; Councilpersons Barker, Tallon and Council President Kennedy; Mayor O'Grady, Law Director Dubelko, Police Chief Ruple, Fire Chief Klecan, Personnel Director Farver, Westlake Fire Chief Pietrick and citizens. Councilman McKay accepted the chairmanship to discuss the sale of Adelphia Communications Corporations to Comcast and Time Warner. The committee would like to discuss the current status of Adelphia's franchise agreement, their customer complaints, fee payment history, public channels for the schools and the city, and if there are any senior citizen rates. If anyone has any questions or comments they would like to make to that board, please send them to him as soon as possible. Law Director Dubelko will schedule a meeting of the new cable company in the near future. There is legislation on the agenda that will request professionals to review the contract. 6