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File #: R24-107    Version: 1 Name:
Type: Resolution Status: Passed
File created: 11/19/2024 In control: City Council
On agenda: 12/2/2024 Final action: 12/2/2024
Title: A RESOLUTION BY THE TROTWOOD CITY COUNCIL AUTHORIZING THE CITY MANAGER TO REQUEST AN ADVANCE OF TAXES COLLECTED FOR THE CITY OF TROTWOOD FOR TAX YEAR 2024 FROM THE MONTGOMERY COUNTY AUDITOR'S OFFICE.
Attachments: 1. R24-107, 2. R24-107 Attachment

 TITLE: Title

A RESOLUTION BY THE TROTWOOD CITY COUNCIL AUTHORIZING THE CITY MANAGER TO REQUEST AN ADVANCE OF TAXES COLLECTED FOR THE CITY OF TROTWOOD FOR TAX YEAR 2024 FROM THE MONTGOMERY COUNTY AUDITOR’S OFFICE.

 

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PURPOSE:  Request Montgomery County Auditor to advance tax dollars.

 

DEPARTMENT: Finance Department

 

CONTACT INFORMATION: Chris Peeples, Director

 

INFORMATION: The City of Trotwood passes this legislation annually so tax dollars are received from the Montgomery County Auditor in a timely manner.

 

FISCAL & STAFF IMPACT: This legislation provides the City with enhanced cash flow throughout the 2025 calendar year.

 

RECOMMENDATION:  Recommend Approval