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File #: R-501-21    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 9/13/2021 In control: Finance Department
On agenda: 9/28/2021 Final action: 9/28/2021
Title: Accepting the property tax amounts and rates for the 2022 budget as determined by the County Budget Commission; authorizing the necessary tax levies, certifying said levies to the County Auditor; and declaring an emergency.
Attachments: 1. Audio: Agenda Review 9/21/2021, 2. Audio: City Council 9/28/2021

Label

Amounts & Rates 2022

Department of Finance

Melanie Campbell (x1252)

Revised

 

Title

Accepting the property tax amounts and rates for the 2022 budget as determined by the County Budget Commission; authorizing the necessary tax levies, certifying said levies to the County Auditor; and declaring an emergency.

 

Body

SUMMARY & BACKGROUND:

The Budget Commission of Lucas County, Ohio has certified its action to Toledo City Council with an estimate by the County Auditor of the amount of property tax to be collected in 2022 and the tax rate of each tax to be levied by the Council; and what part thereof is without, and what part within, the 10-mill limitation. 

 

The fiscal impact of this resolution is as follows:

-                     The total amount of funds requested: $0

-                     New revenue generated (operational revenue, grants, if any): $0

-                     Are funds budgeted in the current fiscal year (yes/no)?: no

-                     Is this a capital project (yes/no)?  no

-                     If yes, is it new or existing (new/existing)? N/A

-                     What section of the City’s Strategic Plan does this support:

o                     Excellence in Basic Services (yes/no) yes

o                     Quality Community Investment (Livable City, Development) (yes/no) yes

o                     Workplace Culture & Customer Service (yes/no) yes

o                     Environment (yes/no) yes

 

Summary

NOW, THEREFORE, Be it resolved by the Council of the City of Toledo:

 

                     SECTION 1.  That the amounts and rates for general property tax as determined by the Budget Commission and its certification are accepted.

 

                     SECTION 2.  That there be and is levied on the tax duplicate of said city, the rate of each tax necessary to be levied pursuant to Section 8(s) of the City Charter within the 10-mill limitation and outside the 10-mill limitation, in accordance with the following schedule:

 

A.                     Summary of accounts for general property tax approved by the Budget Commission and County Auditor’s estimated tax rate.

 

 

 

 

 

Amount From

 

Amount Approval

 

 

 

 

Outside

 

Inside 10-Mill

 

Rate

Rate

 

10-Mill Limit

 

Limit

 

Inside

Outside

General Fund

$6,300,000

 

$6,300,000

 

1.90

1.90

Police Pension Fund

 

 

$1,000,000

 

0.30

 

Fire Pension Fund

 

 

$1,000,000

 

0.30

 

 

$6,300,000

 

$8,300,000

 

2.50

1.90

 

B. Levies outside 10-mill limitation are exclusive of debt levies.

 

General Fund:  Current expense levy authorized by voters on November 5, 1957.  (Charter Amendment-maximum rate to be authorized 1.90, amount $6,300,000.)

 

                     SECTION 3.  That the Clerk of Council is directed to certify a copy of this Resolution to the County Auditor of said County.

 

SECTION 4.  That this Resolution is declared to be an emergency measure and shall be in force and effect from and after its passage.  The reason for the emergency lies in the fact that same is necessary for the immediate preservation of the public peace, health, safety, and property and for the further reason that this Resolution must be immediately effective in order to allow Lucas County to collect property taxes for the City in 2022.

 

Vote on emergency clause:  yeas 12, nays 0.

 

Adopted:  September 28, 2021, as an emergency measure:  yeas 12, nays 0.

 

Attest:                                          

Gerald E. Dendinger                                          Matt Cherry

Clerk of Council                                          President of Council

 

Approved:                                                               September 28, 2021

Wade Kapszukiewicz

                                                                                    Mayor