“We’re going to go over it in detail, look at revenues and expenditures and make sure we have a good budget in place,” said Rokovitz.
The council is scheduled to vote on adoption of the budget at its regular city council meeting Oct. 18 at 6:30 p.m.
“The mayor and council are working very hard behind the scenes,” said the city manager of the budget process. “They’re very involved in it.”
Rokovitz said the budget was still evolving at the council meeting.
“The numbers may change after tonight’s meeting,” he said.
The proposed budget is available for public review at Hiram City Hall.
The current total of revenues and expenditures for the city is $4,766,715.
Rokovitz also submitted the 2012 Tax Digest and Five Year History of Levy Information to the mayor and city council for review and consideration.
“You use this and work with the tax commissioner to determine what your millage rate should be set at,” Rokovitz said.
While the city of Hiram does not have a millage rate, Rokovitz said this information was still relevant and important to the city.
“In my experience, the Five Year Levy has to be published,” he said. “Regardless of whether we have a millage rate or not, we need to know where we stand.”
Rokovitz said the tax digest for the city has shrunk.
“If we were to impose a millage rate, we would get about a half a million in revenue to the city,” said Rokovitz. “I think it’s important for you to know where this information came from and how it’s derived.”
Rokovitz said that while city residents do not pay a millage rate, because the rate is rolled back to 0, there is still a millage rate.
Most of the city’s revenues come from sales taxes.
Last year’s millage rate was 2.498 and this year’s rate is 2.479.
“Last year’s millage rate was rolled back to 0,” said Rokovitz. “I imagine we will vote to roll it back [this year].”