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A RESOLUTION BY THE TROTWOOD CITY COUNCIL REQUESTING AN ADVANCE OF TAXES COLLECTED FOR THE CITY OF TROTWOOD, FOR TAX YEAR 2020 FROM THE MONTGOMERY COUNTY AUDITOR’S OFFICE
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PURPOSE: To authorize the County Auditor to advance monies collected on behalf of the City on a monthly basis in calendar year 2019.
DEPARTMENT: Finance Department
CONTACT INFORMATION: Chris Peeples, Finance Director
INFORMATION: This resolution is adopted annually so the City can receive tax dollars from the County Auditor in a timely fashion.
FISCAL & STAFF IMPACT: This legislation provides the City with enhanced cash flow throughout the 2019 fiscal year.
RECOMMENDATION: Approval of Resolution R19-134 is recommended.