12/16/2014 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 12 -16 -2014 Director of Finance Copfer: • Substitute House Bill 5 has passed both the Ohio House and Senate and is expected to be signed by the Governor. Most provisions go into effect January 1, 2016. RITA is developing a model income tax ordinance and rules and regulations to incorporate the necessary provisions of the law. One of the hardest fought issues was requiring municipalities to allow a five -year net operating loss carry forward, which the city's Code already does allow which will not effect income any differently. Councilman Kearney, Chairman of the Finance Committee: The Finance Committee met Tuesday December 9, 2014 at 6:45 p.m. Present were committee members Kearney, Schumann and Barker; Council members Brossard and Hemann; Mayor Kennedy, Finance Director Copfer, Safety /Service Director Glauner, Human Resources Director Farver and guests: • Discussed first was Ordinance 2014 -85 which is 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, 2014, and declaring an emergency. This is a year end Ordinance that balances finances so that the budget does not show a deficit at the year's end. The committee voted 3 -0 to recommend approval of Ordinance 2014 -85 with suspension. Since then, four amendments have been added to this Ordinance: The general fund has forestry salaries increasing $26,294.41 for unanticipated severance. The casualty loss fund needs to increase the appropriations for two items using $16,460.15 proceeds from an insurance claim toward the replacement of a truck that was totaled in an accident. Also there is the potential for $55,000 of deductibles on claims. The STOP fund requires an additional $10,000 in equipment for the installation of cameras and software to monitor in jail cells and within the station for safety and security. The Solid Waste and Recycling fund had only $49,400 budgeted in wages and benefits for brush removal and chipping by the employees. Required is an additional $26,031.16 budgeted for the actual wages and benefits incurred. This alleviates the general fund in forestry. There was more due to the severity of the storms this year. An additional $25,000 is required as the Three -Z contract leaf collection contract increased due to the EPA required closing of the leaf facility at Barton, as they had to haul and store the leaves elsewhere. Also incurred was an additional $35,000 in solid waste costs with Republic due to the storm events. Councilman Kearney made a motion to amend Ordinance 2014 -85. The motion was seconded by Councilman Schumann and passed unanimously. Ordinance 2014 -85 amended 6 -0. • Discussed next was Resolution 2014 -86 which is a Resolution directing the Fiscal Officer of Cuyahoga County to pay to the City of North Olmsted, Ohio, during the year 2015, all money due and owing said city from any collection source. This is a standard Ordinance so the city receives property taxes from the Council more often than just twice a year. The committee voted 3 -0 to recommend approval of Ordinance 2014 -86 with suspension. 2