Agenda Items

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Approval of the minutes of the February 18, 2025 Finance Committee.

minfin 02-18-25

Communication from Finance Director Mahoney regarding Second Quarter Transfer Ordinance and Tax Budget Resolutions.

Mahoney - Finance letter Tax Budget

ORDINANCE 13-2025 - AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force at the earliest period allowed by law, authorizing the transfer and advance of certain funds.

13-2025 - Q2 transfers

RESOLUTION 2025-11 - A RESOLUTION to take effect immediately provided it received the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force after the earliest period allowed by law approving the Tax Budget of the City of Lakewood, State of Ohio for the year 2026, and authorizing the filing of same with the Cuyahoga County Fiscal Officer.

2025-11 - authorize and approve tax budget

RESOLUTION 2025-12 - A RESOLUTION to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council or otherwise, to take effect and be in force after the earliest period allowed by law requesting the Cuyahoga County Fiscal Officer to draw and the Cuyahoga County Treasurer to pay to the City of Lakewood Director of Finance an advance of all real, personal property and special assessments collected in the year 2026 in such amounts as may be requested and available.

2025-12 - authorize property tax advance

RESOLUTION 2025-13 - A RESOLUTION to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force after the earliest period allowed by law, accepting the amounts and rates as determined by the Budget Commission and authorizing the necessary tax levies and certifying them to the County Fiscal Officer.

2025-13 - certify city tax rate