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Beavercreek council approves supplemental appropriations, hears first‑quarter financial report
Summary
Council approved Ordinance 26‑13 (supplemental appropriations) including partial funding for a school resource officer and heard a first‑quarter financial report showing $30.7M in estimated property tax revenue and some line items exceeding benchmarks due to seasonal costs and insurance payments.
The Beavercreek City Council on May 4 approved Ordinance 26‑13, which includes several supplemental appropriations and budget amendments, and accepted the city’s first‑quarter 2026 financial report.
Finance Director Graham summarized the ordinance, which contains a $4,623 appropriation for property tax on newly acquired land, additional street fund appropriations related to the Factory Road bridge widening and the Grange Hall side path (the county will reimburse certain water‑line relocation costs expected in 2027), and a supplemental police levy appropriation to cover half the estimated annual cost of a school resource officer (SRO). Graham estimated the annual cost for a new SRO at $153,539 and requested an appropriation for half that amount, $76,007.70, noting billing arrangements typically occur semiannually and anticipated revenue reimbursement in 2027.
Council approved Ordinance 26‑13 in a single reading by roll call.
In the financial report, Graham told council that most operating funds are at or above the 25% benchmark for the first quarter, with the general fund benefiting from half‑year property tax collections (estimated $30.7 million). The police fund exceeded the benchmark partly due to payroll composition and a payout for a long‑term employee; snow and ice control expenditures and overtime were also above typical first‑quarter levels because of winter storms, and the city expects to seek state disaster‑relief reimbursement that could be in the $150,000 range. Graham said investment purchases are being limited to maturities under three years to keep liquidity should property tax elimination proceed.
Council accepted the financial report by motion; members praised the finance staff’s reporting and discussed reserve policies and fund liquidity.
