09/16/2008 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 9/16/2008 C doing some of these services instead of using an outside firm. In committee, Councilman Gareau made a motion, seconded by Councilman Barker, to hold Resolution 2008-110 in committee pending some of those financial questions. The motion passed 3-0. • Ordinance 2008-109, an ordinance to make and transfer appropriations for current expenses and other expenditures for the City of North Olmsted for the year ending December 31, 2008. Some of the changes required in the transfer ordinance included: in Council a salary adjustment based upon attendance bonus of $130; modifications made in the office of the Mayor concerning the staff that he has and the recent move that was made; a change of $1,500 in the Recreation Fund concerning equipment repair and building improvements; HoteUMotel a modification concerning $9,000 in gas and parts; a water issue that dealt with $6,350; under the Division of Police a purchase of new cabling and repair car video equipment was required. Under the Sewer Revenue Fund there was a significant adjustment of $8b,000 to do infiltration and inflow investigation. There were some amendments that were brought forward to the legislation during the discussion and those amendments were limited to a request from Community Life Services to receive an additional $14,655. This dealt with an oversight in the approved budget from NOCOP which they approved but was not included in the original appropriation ordinance. There is a significant increase for fuel. The $7,000 was an oversight, and the balance of the $14,655 was related to fuel increase. There was a $1,500 adjustment in Recreation for building improvements and $900 to outside contractors. In the Sewer Revenue Fund, there was an additional $8,303. In committee, Councilman Gareau made a motion to recommend approval as amended. The committee motion was seconded by Councilman Kearney and passed 3-0. There was a request for suspension of the rule. Councilman Gareau made a motion to amend Ordinance 2008-109 consistent with the amendments noted above. The motion was seconded by Councilman Kearney and passed unanimously. Ordinance No. 2008-109 amended. • Finance Director Copfer has discussed financial issues with the committee over the course of several meetings. As far back as two months ago Mrs. Copfer advised Council that the trend of real property tax revenue and income tax revenue was setting itself up for a decline in those two areas. The real property was close to being as expected back in June; but there was a significant decrease, roughly 5%, in income tax at that time. That trend appears to certainly be continuing. At that time, it was seen as a net profits issue and some withholding issues. Building permits as of June were down substantially-there were approximately 16 permits less than the year previous. There have been some recent development projects coming through and we should see that increase. Engineering inspections were larger than the previous year as of June. Cable fees were on target. Court fines seemed to be on plan and leveled off. There may be an issue with the Rocky River Court having a shortfall due to buyouts at the beginning of the year. (Finance Director Copfer responded that she has not had an update from June, but she expected a meeting to be held in October.) Local government funds are declining due to the formula. Gas tax and street funds seem 5 ~,:~m.,~aR~~~~ ~f~