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Council adopts year-end appropriations amendment, adds $500,000 for subdivision development
Summary
Council amended and adopted ordinance O-46-2024 to close negative account balances and ensure audit compliance; a floor amendment added $500,000 to the subdivision development fund and the ordinance passed unanimously.
Director Stotts presented ordinance O-46-2024, a year-end amendment to the city’s 2024 appropriations intended to eliminate negative balances and ensure compliance with Ohio Revised Code ahead of the audit. Staff provided an updated appropriation schedule and recommended a floor amendment to add $500,000 to the subdivision development fund to cover professional services (a pass-through for developer engineering costs supported by developer-collected revenues).
Council moved first to adopt the floor amendment. After a roll-call vote the amendment passed 7–0. The council then voted to adopt the ordinance as amended; the final vote was 7–0 in favor.
Director Stotts said the ordinance does not increase a fund’s total appropriations except where noted, and that a $100,000 contingency is retained to protect budgetary compliance through the end of the year. The finance director said staff will report any use of the contingency at the council’s second meeting in January.
Outcome: Ordinance O-46-2024 as amended adopted (7 yes, 0 no).
