Eaton City Council discussed the city’s general and public safety funds at their regular meeting July 21.
Members Dave Daily, Craig Moormeier and Mayor Gary Wagner were in attendance.
Golfer Sarah Willis was honored at the beginning of the meeting. Willis participated in the national finals of the Drive, Chip and Putt Championship, in which she placed sixth in the girls’ 12-13 age group.
“It’s our pleasure tonight to honor a young lady in our community for her accomplishments in the sport of golf,” Wagner said.
She said it was her best golf experience yet.
“I’m proud to recognize this remarkable young athlete,” Wagner said.
The remainder of the meeting mostly focused on a financial report from Finance Director Stephanie Risner concerning the General and Public Safety funds. She said this is the area of most concern for the city.
Total General and Public Safety funds revenue up through June 2014 was $2,401,712 compared to $2,686,012 for the same time period in 2013. Risner said this is because of the elimination of the estate tax and and a decrease in income tax revenues.
Income tax receipts are $160,454 less than this time last year, when the receipts totaled $1,456,729. Risner said she thinks this is due to 2013 being a phenomenal year for the income tax, rather than 2014 being a down year.
According to the report, Risner believes income tax receipts may exceed the original budget by $100,000.
Intergovernmental year-to-date receipts are $127,113 lower than last year. According to the report, this is because of Ohio reducing and/or eliminating revenue sources. The estate tax, which has been eliminated, brought in an average of $190,000 per year from 2010 to 2013.
According to the report, year-to-date court costs during the past five years have averaged $254,000 per year. So far, court costs in 2014 have been $237,221, which might put collections at $25,000 less than the estimated $525,000.
Building department year-to-date collections during the past five years have averaged $36,351 per year. Collections so far this year total $28,623. This could put collections below the estimated $70,000, but Risner said recent city projects could help in meeting estimated budget revenues by bringing in about $40,000.
So far this year, ambulance removal fees have been $251,101, which is an increase of $4,170 from the same time period last year. According to the report, removal fees are projected to meet or exceed the budgeted estimate of $425,000.
Total General and Public Safety Funds expenditures up to June 30 of this year have totaled $2,461,720, a 4.3 percent decrease from last year’s $2,572,169 at this time.
“Savings measure implemented in 2013 and continued for 2014 have been successful to date with General and Public Safety Funds combined expenditures down 4.3 percent, or $110,449, compared to the same period in 2013,” according to the report.
According to the report, it is estimated General and Public Safety Fund actual expenditures for 2014 could be $400,000-$500,000 less than the budgeted estimate of $5,506,535.
Risner also included the outstanding debt for the city as of June 30, 2014. The debt is $3,968,059, with the Water Fund, Municipal Court Special Projects Fund and Capital Improvement Fund making up this debt.
Resolution 14-20 and 14-21 were also passed by the Council. Through resolution 14-21, the Eaton City Council declared its support for the merger of the administration of the Brooke-Gould Memorial Trust into the St. Clair Foundation.
Bernard Wright, with LCNB National Bank, said one purpose of this change is by moving the administration of the Brooke-Gould Trust to the St. Clair Foundation the decision making on the distributions to the city will remain local.
Through resolution 14-20 council authorized the director of finance to transfer funds from the General Fund to the Special Revenue Funds in amounts not to exceed: $225,000 into the Public Safety Fund, $17,500 to the Recreation Fund and $18,750 to the Fort St. Clair fund.
The next regular Eaton City Council meeting is Aug. 18.