AN ORDINANCE
BY:
NO.
ADOPTING THE 2021 TAX BUDGET FOR THE CITY OF OAKWOOD, OHIO, FOR THE FISCAL YEAR BEGINNING JANUARY 2021.
WHEREAS, the City Manager has prepared the attached tax budget for the city of Oakwood, Ohio, for fiscal year beginning January 1, 2021, in conformance with the requirements of law and in accordance with Section 6.01 of Article VI of the Charter of the city of Oakwood, which tax budget sets forth all revenues expected to be received for such fiscal year; including but not limited to all general and special taxes, fees, costs, percentages, penalties, allowances and prerequisites; and
WHEREAS, 2021 operating expenditures are estimated not to exceed the 2020 operating expenditure appropriations by more than 3%; and
WHEREAS, the 2021 capital expenditures are estimated not to exceed $2,500,000;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF OAKWOOD, STATE OF OHIO, THAT:
SECTION 1.
The budget described in the above recital paragraphs, shall be and is hereby adopted as the official tax budget of the city of Oakwood, Ohio, for the fiscal year beginning January 1, 2021.
SECTION II.
That this ordinance be and remain in force from and after the earliest date allowed by law.
PASSED BY THE COUNCIL OF THE CITY OF OAKWOOD, this day of , 2020.
Mayor William D. Duncan
ATTEST:
Clerk of Council
To the Clerk:
Please publish in summary form set forth below.
LEGAL NOTICE
Ordinance of the City of Oakwood was passed on , to adopt the 2021 Tax Budget.
City Attorney Robert F. Jacques
CERTIFICATION OF PUBLICATION
I, Lori Stacel, Clerk of Council of the City of Oakwood, State of Ohio, do hereby certify that the foregoing summary of the foregoing Ordinance was duly published in the Oakwood Register, a newspaper of general circulation in said City of Oakwood, that said publication occurred on the following date:
Clerk of Council