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Macedonia council gives first reading to 2026 annual appropriations; finance director outlines funds

October 24, 2025 | Macedonia, Summit County, Ohio


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Macedonia council gives first reading to 2026 annual appropriations; finance director outlines funds
Macedonia City Council heard the first reading of Ordinance 76 on Oct. 23, which provides for the city’s 2026 annual appropriations. Director Veres presented an overview of the budget document and key fund categories, and council scheduled subsequent readings before final passage.

"This one's somewhat self explanatory. We're working on our budget for 02/1926. We've had multiple meetings, leading up to today, to to kinda get council aware of where we're trying to head with things," Director Veres said during the presentation. Veres walked council through the spreadsheet the administration prepared, noting items such as the general fund and segregated internal funds the auditor groups as general fund, an emergency reserve, retirement reserve (used to pay lump‑sum retirement liabilities such as payout of sick time or vacation), and technology advancement funds for software maintenance and upgrades.

Veres also reviewed special revenue funds: the Street Construction, Maintenance and Repair (SCM&R) fund (fed by license and gasoline fuel taxes and used for street employees, vehicle maintenance, salt purchases and other street-related costs), the State Highway special revenue fund (used for salt and similar items), and other project-specific funds. He told council the city plans to place unclaimed funds in their statutory account for five years before transfer to the general fund.

The director noted smaller, restricted funds including an opioid settlement fund: "I did put some money in this year, in the Ohio 1 fund, 25,000 if we figure out a way to use it because we're gonna have about 6 to 7,000 in there. So this is the settlement for the opioids," Veres said; council discussed that expenditures must meet the settlement's qualifying criteria and that those funds are regulated in how they can be used.

Veres said the ordinance will proceed through three readings, with council likely to consider second‑reading questions in November and hope for final passage in December so the city enters 2026 with an adopted appropriations ordinance.

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