96

Upon call of the roll on the question of the motion, the following vote was recorded:

MR. WILLIAM D. DUNCANYEA
MR. STEVEN BYINGTONYEA
MR. ROBERT P. STEPHENSYEA
MRS. ANNE HILTONYEA
MRS. LEIGH TURBENYEA

There being five (5) yea votes and no (0) nay votes thereon, said ordinance was declared duly passed and it was so ordered.

AN ORDINANCE
BY VICE MAYOR BYINGTON NO 4947
AN ORDINANCE TO MAKE APPROPRIATIONS FOR CURRENT EXPENSES AND OTHER EXPENDITURES OF THE CITY OF OAKWOOD, STATE OF OHIO, DURING THE FISCAL YEAR ENDING DECEMBER 31, 2022.

A copy of the ordinance, having been placed on the desks of each member of Council prior to introduction, was read by title.

Vice Mayor Byington explained that this is Oakwood’s annual budget ordinance, which appropriates the City’s funding for 2022. This ordinance is required under Section 6.05 of the City Charter and, when adopted, provides formal authorization to the city manager to spend public dollars in providing city services.

Oakwood’s total city budget is divided into five primary parts with budgeted spending in each as follows:

General City Services:
$14,821,750
Refuse Services:
$1,597,917
Water Services:
$1,394,188
Sanitary Sewer Services:
$1,825,302
Stormwater Services:
$531,383

City Council invited the Finance Director to deliver a presentation on the proposed budget.

Finance Director Cindy Stafford provided the following budget report:

This is the 20th budget presented by City Manager Norbert Klopsch. Below, in millions, are 2022 budgeted expense figures:

➤
General City Services:
$14.8
➤
Refuse Operations:
$1.6
➤
Water Utility:
$1.4
➤
Sanitary Sewer Utility:
$1.8
➤
Stormwater Utility:
$0.5
Total:
$20.1 million

The 2022 proposed budget does not include any increases to income taxes, property taxes, or any increases to refuse, water or sanitary sewer rates. The goal is to avoid property tax increases over the next few years, after renewing the 2.72 mill issue in 2021, and renewal of the 3.75 mill issue in 2023.

Mrs. Stafford commented on the line item budgets for General City Services, Refuse Operations, Water Utility, Sanitary Sewer Utility and Stormwater Utility.

For General City Services, the 2022 budget shows revenues exceeding expenses by $831,245. This includes $468,000 in revenue from the American Rescue Plan Act. The 2022 budget includes $1,585,250 for capital expenditures.

For Refuse Operations, the 2022 budget shows expenses exceeding revenues by $219,317. The 2022 budget includes $196,000 for capital expenditures.

For the Water Utility, the 2022 budget shows expenses exceeding revenues by $184,688. Oakwood currently has the 2nd lowest water rates of 66 Miami Valley jurisdictions. The 2022 budget includes $141,500 for capital expenditures.

For the Sanitary Sewer Utility, the 2022 budget shows revenues exceeding expenses by $87,898. The 2022 budget includes $150,000 for capital expenditures.