[{"_1":2,"_98":-5,"_99":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6485615,"mediaKeyId","5610132-26e0d89a50e6e503ccaef11ea321fb27","parentId",5610132,"title","Committee advances multiple agreements, property transactions and IT contract renewal; all items pass unanimously","audioSeconds",1543,"startMs",4383000,"endMs",5926000,"viewUrl","/Search/View?dp=1&key=5610132-26e0d89a50e6e503ccaef11ea321fb27&start=4383&end=5926","thumbnailUrl","https://assets.pipeline.soar.com/5610132-26e0d89a50e6e503ccaef11ea321fb27/thumbnail_4383000.jpg","articleUrl","/articles/6485615/Overland-Park/Johnson-County/Kansas/Committee-advances-multiple-agreements-property-transactions-and-IT-contract-renewal-all-items-pass-unanimously","mediaUrl","https://secure.pipeline.soar.com/6485615-cdc71d8ed28a405859578184c3918d97/orig.mp4?Expires=1770882710&Signature=kgMcwOAQ0D66oDOPAs2k49OFcvkTXQojqu-cP~R1Zw-VSG2wrJUzEy3oEdLhRJH44pZrnFM6sqskED9Lrov2FBfByCEvjD6DWk~YT9G19zNRAkmCoO31Z2HMQlsMmwp92NcrGb0KnH3Mnst12xzh7Y-vOl7fxT80QHuGa7943A6QZlqYE3F1KU4GWJ20BySMqqkLk2JPYHfC0-UZzWvVUCDfkumL31guZg9Rx7bQpA9sM5b0omfkQwtUrsmurcwh8F1TuzxQSFbwNYXZHkepqva-GGzx-NkpVhQbUhu5KXZQlDRb6eOYD0QZiXIx6ApCVADNKoRtIngjGzR1uwRZag__&Key-Pair-Id=KUT5TJCACFTXG","author","Overland Park","date","2025-08-20T00:00:00Z","article","The Finance, Administration and Innovation Committee on Aug. 20 moved a series of routine and contract items and recommended council action where required. All recorded items passed unanimously (6-0) at the committee level.

Votes at a glance (motions, key details, outcome):

1) Freshworks Inc. — IT service management software (authorization to negotiate amendment)
Motion: Authorize staff to negotiate an amendment with Freshworks Inc. to extend the maintenance of the city’s Freshservice IT/service-management platform for two years, not to exceed $130,140.60, and recommend City Council approval.
Discussion: Staff reported Freshservice supports IT and facilities ticketing (9,868 tickets year-to-date) and project/change management; negotiated pricing reduced the vendor’s original quote by about 20% for the two-year term.
Outcome: Approved by committee, 6-0.

2) Edison project — lease assignment / approval of new tenant (resolution no. 5050)
Motion: Recommend City Council adoption of Resolution No. 50 50 to approve the proposed lease/assignment in the Edison development (new law-firm tenant occupying ~3,500 sq. ft.). Staff noted the lease includes customary sublease/desk-sharing provisions; the developer retains any TIF/CID increment.
Outcome: Approved by committee, 6-0; recommended to council.

3) Knoll Hills — property sale to tenant (resolution no. 5060, contingent platting)
Motion: Recommend City Council adoption of Resolution No. 50 60 to approve sale of the bank parcel in Knoll Hills to the tenant (CommunityAmerica) contingent upon completing subdivision/platting to create a legally transferable parcel.
Outcome: Approved by committee, 6-0; recommended to council with platting contingency.

4) Corbin Park — collateral-assignment and escrow-agent amendment (resolution no. 5059)
Motion: Recommend City Council adoption of Resolution No. 50 59 to replace an existing collateral assignment and to name a new escrow agent (swap of Great Southern Bank to Oakstar Bank) consistent with the project’s financing and prior agreements; staff said the change is to accommodate a new lender/escrow arrangement and the documentation reviewed was acceptable.
Outcome: Approved by committee, 6-0; recommended to council.

5) Land lease (Deffenbaugh/Waste Management) — proposed in-kind lease for stockpiling overburden
Motion: Direct staff to negotiate a proposed 30-year lease with Deffenbaugh Industries (Waste Management affiliate) to use roughly two-thirds of a 54-acre city-owned landfill/clean-rubble site for temporary stockpiling of overburden; in exchange Waste Management would accept certain quantities of street sweepings and clean demolition rubble (city staff estimated an in-kind value that could exceed the appraised annual land value depending on tonnages). Staff noted the city would retain approximately 31 acres for its own operations, require return-to-grade and fencing, and require Waste Management to obtain any permits/approvals.
Outcome: Authorized staff to negotiate; committee vote to direct staff passed 6-0; final agreement to return to council for approval.

6) Minutes approval
Motion: Approve minutes of the May 21, 2025 meeting.
Outcome: Approved, 6-0.

What committee members said: members asked about licensing, cost increases and functionality for Freshservice, confirmed that tenant leases in TIF/CID projects do not automatically receive incentive benefits, and requested the Knoll Hills sale be contingent on platting language. On the landfill item members asked about retained acreage and operational impact; staff said the city would retain the portion needed for long-term operations and that the exchange is an in-kind service swap rather than a sale.

Next steps: Items requiring council action will be forwarded as recommended; negotiated contracts (Freshworks amendment, landfill lease) will return to council for approval when final terms are complete.","mediaType","Video","parentTitle","Overland Park - Finance, Administration and Economic Development Committee","oneSentenceSummary","The Finance, Administration and Innovation Committee on Aug. 20 moved a series of routine and contract items and recommended council action where required.","taxTitle","Overland Park, Johnson County, Kansas","taxId",4679,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6485621,"Committee authorizes amendment talks to expand Overland Park property-tax rebate pilot after positive pilot results",1712,2648000,4360000,"/Search/View?dp=1&key=5610132-26e0d89a50e6e503ccaef11ea321fb27&start=2648&end=4360","https://assets.pipeline.soar.com/5610132-26e0d89a50e6e503ccaef11ea321fb27/thumbnail_2648000.jpg","/articles/6485621/Overland-Park/Johnson-County/Kansas/Committee-authorizes-amendment-talks-to-expand-Overland-Park-property-tax-rebate-pilot-after-positive-pilot-results","https://secure.pipeline.soar.com/6485621-e935afe4c8d1b7c368cc25d637a0af15/orig.mp4?Expires=1770882710&Signature=kyKAEdwN7kSeMGUbZoyJp-EPpCp2lc3MoULj9v2uciSuOFU18EmW3Gfy4YeVigroVqZ9KJ934lYOcwOwPxH~vzMHkXXyvPHaPOJhWrq0-AZS~sPgP44fuFB0IbOZyM-X7otlt6kJL69Cheu6IdEvxuiOwJSRNdFzaeBDlA8zhXw0k2CHmXoC2kTHwP6GRSdZOkEXCAdONgIJtVFbpDtDv4aRDOLCaeFbUQCfb4zpzUewiyLAaTFRx4wmJI1EMdbs6DUlf1LISMEY2hN8ue2uIr2OOKWv-u4eUsiJFVVKkRXloSW3VS61nlLXaCuTZAPNJ8KKJTXuRJ97cOwWr4eDwA__&Key-Pair-Id=KUT5TJCACFTXG","The Finance, Administration and Innovation Committee on Aug. 20 authorized city staff to negotiate a first amendment to the city’s property tax rebate pilot agreement with Community Capital Fund (CCF), a community-based administrator of the program.

City staff and CCF presented results from Round 1 of the pilot: of 215 completed applications, 161 applicants qualified and rebates were issued. CCF reported that $59,112 in rebates were dispersed from the $170,000 pilot appropriation, leaving $110,888 uncommitted. The presentation included applicant demographics and outreach data: five in-person technical-assistance sessions attracted 52 residents, and staff helped many applicants complete paper filings at City Hall and public libraries.

Caitlin (city staff) said she had heard “overwhelmingly positive feedback” from residents about the application process and outreach. Andrew Davis, senior program manager at Community Capital Fund, said, “We have sent the checks out. We have sent the notifications out.”

What the amendment would do: staff asked for authorization to negotiate three changes in the agreement with CCF should the committee approve—raise the income-eligibility ceiling from the pilot’s initial lower threshold to HUD’s low 80% area median income limits (the presenter cited a one-person HUD low-80% benchmark of about $62,400), clarify administrative-billing procedures, and delay the second-round opening date by 15 days to accommodate the council timeline.

Why staff recommended the change: CCF and staff said many applicants stopped short of submitting online applications after entering household income that slightly exceeded the initial, lower pilot threshold. Presentation data showed the average approved applicant’s household income (~$27,245), average eligible rebate ($358), average appraised home value (~$288,000), and mean applicant age (64). CCF recommended raising the eligibility ceiling to include more households while retaining priority tiers (for example, veterans and seniors) used to order awards.

Committee action and reaction: committee members broadly praised the pilot’s outreach and in-person assistance. Multiple members expressed support for increasing the eligibility ceiling and keeping priority ordering in place. A motion to authorize staff to negotiate the first amendment with Community Capital Fund and recommend city council approval passed unanimously (6-0).

What’s next: staff will negotiate the amendment consistent with the committee’s direction and return the agreement for formal city-council consideration. CCF said staff will reengage applicants who began but did not complete applications if the eligibility ceiling is raised.","Community Capital Fund and city staff reported results from a pilot property-tax rebate program; committee authorized staff to negotiate a first amendment to expand eligibility to HUD 80% low-income limits and adjust program billing and timeline.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":91,"_47":92,"_49":93,"_51":94,"_53":95,"_55":56,"_57":58,"_59":96,"_61":62,"_63":64,"_65":97,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6485626,"Overland Park posts clean external audit; 2024 net position rises $39.5 million",0,2989000,"/Search/View?dp=1&key=5610132-26e0d89a50e6e503ccaef11ea321fb27&start=2989&end=2989","https://assets.pipeline.soar.com/5610132-26e0d89a50e6e503ccaef11ea321fb27/thumbnail_2989000.jpg","/articles/6485626/Overland-Park/Johnson-County/Kansas/Overland-Park-posts-clean-external-audit-2024-net-position-rises-395-million","https://secure.pipeline.soar.com/6485626-43994a291347f299af9ab280dffefeb8/orig.mp4?Expires=1770882710&Signature=UVK1oZFth9hcWoFLTnAttvjWqUqm~tjVJ25i6G1U-yJ5yax~r3YBeBgyR1NewaptUh4upiYcD~k2uyZuuWmPQNW4pp3YtHkU-JzonDNUYMXvUEicEIGyH6klP2B4Q-3olaEXAwy24pbsHWji4T7ClwhmFUvM2D9V7r~E6KX9JLwdEuJa0NRknAMa3SilCy0-Dph4Xqjmu1jCVs~g2i2J73etA3gml5wQ9ssYAvsCo7teAyh4eSR4bgdiLCHy~7wJhzgahQ2JGj4ysB-c2XOqqT6HhBPjCu5IyTpfs-MARWX5zugbvCBeTne7NO2br26MWDuKNjwhZpYN7j7Du0nyww__&Key-Pair-Id=KUT5TJCACFTXG","Overland Park officials presented the city’s 2024 Annual Comprehensive Financial Report and related audit Tuesday, and RubinBrown LLP issued an unmodified (clean) opinion on the financial statements.

The city’s combined governmental fund balance increased about $31.2 million to $288.6 million in 2024, while the unassigned general fund balance rose to about $113.4 million, up roughly $14.0 million from 2023. City staff said sales and property taxes remain the largest revenue sources, with sales tax at roughly 41% of governmental revenues and property tax about 22%.

“The objective of a financial statement audit is to provide reasonable assurance that the financial statements as a whole are free from material misstatement,” Jessica Schmitz, audit manager at RubinBrown, said during the meeting. “For this audit we issued an unmodified or clean opinion, that's the highest level of opinion that we issue.”

Why it matters: the audited statements translate government accounting into measures more comparable with the private sector. Overland Park’s government-wide net position for governmental activities increased by $39.5 million in 2024; total net position reported in the ACFR is $1.24 billion, a 5.5% increase. City staff emphasized the capital-asset growth reflected in the change: capital assets increased by $17.6 million.

Key figures and context reported at the meeting:
- Combined governmental fund balance (2024): ~$288,600,000 (increase of ~$31,200,000 vs. 2023).
- Unassigned general fund balance (2024): ~$113,400,000 (increase of ~$14,000,000 vs. 2023).
- Total governmental fund revenues (2024): ~$387,000,000 (approx. 13% increase year over year).
- Total governmental fund expenses (2024): ~$342,000,000 (approx. 19% increase year over year).
- Total net position (2024): ~$1,240,000,000 (5.5% increase).
- Outstanding general obligation debt (2024): about $90,000,000 (an 11% decrease from 2023).
- Special obligation debt reported: $127,600,000 (city reported no legal obligation for debt service on that special obligation debt).
- Reported value of capital assets (2024): ~$11,194,000,000, with infrastructure accounting for over 80% of that amount.

RubinBrown also reported completion of the single-audit testing required for federal awards; auditors tested the American Rescue Plan-related COVID-19 State and Local Fiscal Recovery Fund and reported no findings in their tested program.

Audit technical notes and accounting standards: the city implemented GASB Statement No. 101 (related to compensated absences) in 2024; RubinBrown noted the city’s prior recording of sick-leave liabilities meant the new standard had no material impact on the audited statements but was disclosed in the audit report (an emphasis-of-matter paragraph and note 1c).

What officials said about reserves and debt: staff reminded committee members that figures in the ACFR reflect government-wide conversions and fund-rollups that do not match the budgetary measures used in day-to-day budgeting. That structural difference helps explain the large aggregate reserve movement in the audited statements. Staff also said general obligation bond levels are expected to rise in coming years based on the city’s five-year financial plan to fund capital projects, while some projects (for example, a new city hall remodel) are being paid from cash/reserves or may be bonded later.

Documents: staff noted full copies of the ACFR and auditor communications are available online and in the meeting packet. The Popular Annual Financial Report (PAFR), prepared under GFOA guidance as a simplified summary of the ACFR, was also distributed to committee members.

Ending: auditors and staff closed the presentation by inviting committee questions; committee members raised reserve-comparison and debt-planning questions and thanked staff for the work producing a clean audit and the PAFR.","City staff and external auditors presented the 2024 Annual Comprehensive Financial Report and a clean audit opinion. Key figures: general fund unassigned balance ~$113.4 million, combined governmental funds +$31.2 million, total net position $1.24 billion.","actionData","errors"]

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Committee advances multiple agreements, property transactions and IT contract renewal; all items pass unanimously

Committee authorizes amendment talks to expand Overland Park property-tax rebate pilot after positive pilot results

Overland Park posts clean external audit; 2024 net position rises $39.5 million