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Terrace Park council approves emergency resolutions for tax advances and insurance renewal
Summary
The Village of Terrace Park council adopted two emergency resolutions Feb. 13: one requesting Hamilton County to advance tax revenues under Ohio law and another to renew insurance coverage with a premium cap of $31,030. Both passed by voice vote.
The Village of Terrace Park council voted Feb. 13 to adopt two emergency resolutions intended to ease near-term cash flow and secure insurance coverage.
Finance chair Mr. LeMay introduced Resolution No. 2-1-2024, asking the Hamilton County auditor to advance the village’s tax revenues during 2024 under Ohio Revised Code § 321.34. LeMay told council, “So Katie, thank you for doing this. It simply asks Hamilton County to advance our…
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