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CITY OF BROOKLYN, OHIO RESOLUTION NO. 2025 - 13 . INTRODUCED BY: Mayor Van kirk, @¢ /ehey+s, Mosley, Bovewskr, Thknsler, Gvodke kK, Puter, Coyle ADOPTING THE TAX BUDGET FOR THE FISCAL YEAR 2026 NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF BROOKLYN, COUNTY OF CUYAHOGA AND STATE OF OHIO: SECTION 1. That the budget for the fiscal year 2026 be and the same is hereby adopted. SECTION 2. That the Director of Finance be and he is hereby authorized and directed to forward to the Cuyahoga County Fiscal Officer a certified copy of this Resolution together with the necessary copies of said Alternative Tax Budget Information (Ex. A). SECTION 3. That it is found and determined that all formal actions of the Council of the City of Brooklyn concerning and relating to the adoption of this Ordinance were adopted in an open meeting of such body, and that all deliberations of the Council of the City of Brooklyn and any of its committees that resulted in such formal action were in meetings open to the public, in compliance with all legal requirements including Section 121.22 of the Ohio Revised Code. SECTION 4. That this Resolution is hereby declared to be an emergency measure dealing with the health, safety and welfare of the City, and for the further reason that it deals with the daily financial operation of the City of Brooklyn; and provided it receives the affirmative vote of two-thirds (2/3) of all members elected to Council, it shall take effect and be in force immediately upon its passage and approval by the Mayor; otherwise, it shall take effect and be in force from and after the earliest period allowed by law. ADOPTED: “/Z e/e02 So NITESTAD: APPROVED: i/ z4 / ZOZ25 \ Clerk of Council MAYOR Approved as to legal form . _ Hon Kerr epanni - Law Director PRESIDENT OF COUNCIL a ‘Ast Reading: ©: 27° 2nd Reading: ¢ ° q. 25° ard Reatlings 4. 2 2. 25 Filed with the Mayor: ¢ /24/ ZO25°
STATEMENT OF FUND ACTIVITY (List All Funds Individually) SCHEDULE 2 1 0 Mm Nv v v - wi Beginning _| Property Taxes Total Total Ending IE Fund Estimated and Local Resources Estimated Estimated BY Unencumbered | Govemment Other Sources | Available for _| Expenditures & | Unencumbered L Type Fund Balance Revenue Receipts Expenditures | Encumbrances Balance 100 \sener Fund J 1 $13 465,000.00 i$ 480,773.70 | $21 2OB,876.30 1 $95,248 450.00) $20 833,700.00 | § 14.410,750.00 | 101 Bucget Stabilization Fund } ls 3,575.470.00 $ =: 18 3 575,470.00 S$ _ : $ _3,575,470,00 102 |economic Develosment Fund |s 719,000.00 |$ _$__ 274,000.00 | $__ 993,000.00 | $ 817,000.00 | $ __ 176,000.00 200 s.c.M.R. $ 30,000.00 | $ - L$ 924 000.00 | $ 954,000.00 ls 932,000.00 | $ 22.000.00 J 210 |State Highway $ 41.000.00 | $ - 1S 69,000.00 | $ 110,000.00 | § 70,000.00 $ 40,000.00 219 [Coronavirus Relief Fund $ $ $ : 220 |comm. Dev. Block Grant $ : $ : $ : 221 Local Fiscal Recovery $ $ : s : 230 street Lighting $ _205.000.00 | $ 161,714.79 $ 366,714.79 | $ 195.000.00|$ 171,714.79 240 Motor Veh. Lic. Tax $ : $ -__|$ 36,000.00 | $ (36.000,00}| 250 [Recycle Litter Prevention } $ : L$ - $ - $ 251 Domestic Abuse Commission $ - L$ $ $ : 252 loneonio Opioid Settlement it | $ $ : $ 264 |Cops Grant | Ss : ls : $350,000.00 | $ (350,000.00)! 266 | Federal Drug Forfeiture Fund Ls = $ = $ 15,000.00 | $ (15,000.00) | 267 |FEMA $ - $ -_ |$ ~ 1 $ co 270 |taw Enforcement Trust $ : $s - $ 25,000.00 _$ (25,000.00), 280 |MandatoryDrug Fine _ $ ce | $ : $ L$ 281 [construction Deposit Fund $ 4} $ - $___ 70,000.00 $ (70,000.00) | 290 |Enforcement & Education $ $ x $ 4,000.00 | $ (4,000.00) | 295 [Termination Leave Pay $ 317,000.00 | $ $135,000.00 | $ 452,000.00 | $_ _ 435,000.00 | $ 17,000.00 310 [Police Pension Fund $ 217,000.00 |$ _756.125.91 $__973.125.91 | $ 748.000.00|$ _225.125.91 320 (Fireman's Pension Fund -|$ 227,000.00 | $ _743 013.90 $ _970.013.90 | $ 680.000.00|$ _290.013.90 400 \capital improvement $__500.000.00 | $ - $ 3.000.000.00 | $ 3.500.000.00 | $ 3.000.000.00| $ _ 500,000.00 401 {cast Reserve _S__ 178,000.00 | $ 191,000.00 | $ _ 369,000.00 | $ _ 267,000.00 | $__ 102,000.00 402 Civic Center Capital improvement _| $ $ > |$ - i$ -_1$ -_1$ 403 [Waterline Capital improvement _$ 300,000.00 | $ __|$ 300,000.00 | $ S$ _300.000.00 440 fniF L$ : $ 330,000.00 |$ __ 330,000.00 | $ _ 330,000.00 | $ 411 [TIF - Carnation Hospitality S$ - Is -__|$ 40,000.00 | $___ 40,000.00 | $ _-40.000.00 | $ 412 |TIF- Amazon $ is = $ 230,000.00 | $ _230.000.00 | $ _ 230,000.00 | $ TIF - Rehabilitation Real Estate 443 | (Avenue) is ot 1s : $ - $ 500 |Retros pective Medical $_ 1.200 000.00 i | $_1,200.000.00 + $260,000.00 4 $ 940 000.00 600 |Bond Retirement Fund $560,000.00 | $_ _ 437,067.00 $ 860,000.00 | $_1857.067.00 | $_1.600.000.00 i $ 57.067.00 610 |street Ovening Fund $ : $ : $ -_1$ is 611 (Obstruction Depostt_ $ - s i $ - i$ $ 612 Temporary Business $ -_1$ $ -_ 13 1s 813 (Park Permits $ 2 $ : $ 1,000.00 | $ 1000.00 | $ 1,000.00 | $ 614 fHvsrane Bonds F $ $ - $ $ 616 [31 state Assessment $ 1,000.00 | $ - {| $ _10.000.00 | $__11.000.00 | $__10.000.00 | $ 1,000.00, 618 EPA Landfill Closure Trust T $ : $ c $ a 15 | 620 |FLEX-SAVE | $ : $ _25000.00|/$ 25000.00)$ 25000.00 | $ | 621 |vnclaimed Funds $30,000.00 | $ > | $ 40,000.00 | § _ 40.000.00 | $ __ 15,000.00 | $ 25,000.00 826 | clerk of Courts Compuier | $ 30,000.00 | $ -__|$ _50.000.00 | $ 80,000.00 |$ _ 50,000.00 | $ 30,000.00 | B34 | juvenile Diversion $s 2,000.00 | $ $ 5,000.00 | $ 7,000.00 | $ 5,000.00 | $ 2,000.00 _ 837 |hatery Construction & ( $ 1s $300,000.00 | $ _ 300,000.00 | $__300.000.00 | $ J 839 [povas $ §,000.00 | $ - |$ 25,000.00 |$ _ 30,000.00 |$ _- 30,000.00 | $ J $21,602,470.00 $ 2,578,695.30 $27,777,676.30 $51,958,841.60 $31,573,700.00 $ 20,385,141.60 Transfers: General Fund to Termination Leave General Fund to Police Pension General Fund to Fire Pension General Fund to COPS General Fund to Retrospective Medical General Fund to Safety Forces Construction General Fund to Capital Improvement General Fund fo Landfill Closure General Fund to Budget Stabilization General Fund to Economic Development General Fund to Street Lighting General Fund to Band Retirement General Fund to Flex Save PORGMHHHAAHAMAwMIN Capital Reserve Fund io Bond Retirement Fund $ Safety Forces Construction to Bond Retirement $ 135,000 320,000 300,000 321,550 207,080 300,000 Revised 3-2004
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TAX ANTICIPATION NOTES (Schools Only) SCHEDULE 5 Tax anticipation notes are issued in anticipation of the collection of the proceeds of a property tax levy. The amount of money required to cover debt service must be deposited into a bond retirement fund, from collections and distribution of the tax levy, in the amounts and at the times required to pay those debt charges as provided in the legislation authorizing the tax anticipation notes. (ORC Section 133.24) The appropriation to the fund which normally receives the tax levy proceeds is limited to the balance available after deducting the amounts to be applied to debt service. After the issuance of general obligation securities or of securities to which section 133.24 of the ORC applies, the taxing authority of the subdivision shall include in its annual tax budget, and levy a property tax in a sufficient amount, with any other monies available for the purpose, to pay the debt charges on the securities payable from property tax. (ORC Section 133.25) Name Of Name Of Tax Anticipation Tax Anticipation Note Issue Note Issue sughgge mee f- Interest Payments: a a fricrestovedte | fricestnve | fricrstuepoie | mo po Name Of The Special Debt Service Fund Following Settlements: February Real August Real October Tangible Name Of Fund To Be Charged Revised 3-2004