Title
AN ORDINANCE TO MAKE APPROPRIATIONS FOR THE CURRENT EXPENSES AND OTHER EXPENDITURES OF THE CITY OF HUDSON, COUNTY OF SUMMIT, STATE OF OHIO, DURING THE FISCAL YEAR BEGINNING JANUARY 1, 2017 AND ENDING DECEMBER 31, 2017.
Executive Summary: This Ordinance establishes the City's budget for 2017.
Body
Legislative History
None.
Purpose & Explanation
The total appropriations for 2017 are $83.4 million which includes approx. $9.3 million in transfers to other funds and $3.8 million in trust and agency funds (City acts solely in a fiduciary capacity). The General Fund transfers are appropriated in the General Fund and also appropriated in the receiving fund. Excluding fiduciary and General Fund transfers, appropriations for 2017 are $70.3 million. The General Fund total 2017 appropriations are $22.0 million, a 4.8% increase over 2016.
As required, we split out personnel expenses from non-personnel. Personnel expenses include wages & salaries, pension, Medicare, insurance, workers comp and any other taxable benefit. The total budgeted personnel cost for all operations for 2017 is $19.2 million, a 3.7% increase over the 2016 personnel budget.
The following are proposed changes to the original 2017 budget. These are included in the amended appropriations legislation for Council's consideration.
Manor Drive project:
1. Increase transfer from General Fund to Storm Water Fund and amend the Storm Water budget by $220,000
2. Increase appropriations in the Street Construction Fund by $100,000 for the resurfacing cost.
Parks Fund budget:
3. Increase replacement of the May pavilion at Hudson Springs Park from $68,000 to $100,000
4. Add $71,000 for the Hudson Springs Park driveway widening and resurfacing
5. Increase cost of splash pad from $200,000 to $215,000
Timing Considerations
The budget is required to be passed by year end.
Fiscal Impact
X Annual Appropriations
Recommendation
Suggested Action
Staff recommends approval of the 2017 appropriations.
Submitted b...
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