09-26-16 Personnel and Finance - Laserfiche WebLink

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Committeemember John Voorde made a motion to hear Bills 44 -16, 45 -16, and Substitute Bill 47 -16 together for purposes of public hearing. Committeemember Gavin Ferlic seconded the motion which carried by a voice vote of four (4) ayes. Bill No. 44 -16 — Appropriating monies for defraying departmental expenses and Civil City funds for the fiscal year ending 12 -31 -17 Bill No. 45 -16 — Appro iating monies for defraying the expenses of Enterprise Funds for the fiscal year e 7 Substitute Bill No. 46 -16 — Levying taxes and fixing the rate of taxation to meet City expenses Committeemember Gavin Ferlic made a motion to accept Substitute Bill 46 -16. Committeemember Regina Williams- Preston seconded the motion which carried by a voice vote of four (4) ayes. John Murphy, City Controller with offices on the 12th Floor of the County -City Building, served as the presenter and petitioner of these bills. These are the 2017 budget bills. Bill 44 -16 is for Civil City expenditures and those are the General Fund expenditures. Bill 45 -16 include the Enterprise Funds which are for the wastewater, water and solid waste. Bill 46 -16 is for levying taxes and it fixes the rate of taxation. That is a substitute bill because we typically file it in August without rates established and have now gone in and inserted illustrative rates now but they will be higher than what the DLGF will approve. We want to make sure we advertise it higher so that if there is a change in assessed value we will get our full rate. The rate has slowly increased over the last few years. The circuit breaker property tax caps overrule that anyway because there is only a certain amount that can be levied on all taxes. We have a Power Point presentation for tonight so we won't go through all of the details at this time. These are the normal budget bills and the public hearing will be had tonight. Council Attorney Kathleen Cekanski- Farrand stated that regarding the three (3) bills that Mr. Murphy is presenting and the Transpo bill, this evening is the only opportunity for the public to speak upon those bills. They will be continued in the Council portion because by state law you have to have a period of time where there is a cession of public comment and then it will be continued to the October l Oth, 2016 meeting. These are a little bit different than other bills. Mr. Murphy stated that is a good point. As we are doing the budget through Navaline for the Council, we are also doing the Indiana Gateway version of the budget and we have to be very precise on when we set the public hearing and make sure that's advertised. We did that about three (3) weeks ago. We have to stick with the public hearing tonight and the adoption hearing October 10th, 2016. The Council may or may not continue it after that. We have built in October 24th, 2016 as a backup date because by state law we have to have it passed prior to November 1St, 2016 No one from the public spoke either in favor of or in opposition to the bill. NA