Budget Committee

601 W. Jefferson Street Louisville Metro Government Louisville, KY 40202 Action Summary - Final Budget Committee Chair Person Marianne Butler (D-15) Vice Chair Angela Leet (R-7) Committee Member Mary C. Woolridge (D-3) Committee Member Cheri Bryant Hamilton (D-5) Committee Member David James (D-6) Committee Member Bill Hollander (D-9) Committee Member Kevin Kramer (R-11) Committee Member Rick Blackwell (D-12) Committee Member Cindi Fowler (D-14) Committee Member Kelly Downard (R-16) Committee Member Marilyn Parker (R-18) Committee Member Dan Johnson (D-21) Thursday, July 21, 2016 5:00 PM Council Chambers Call to Order Due to Chair Person Butler's excused absence, Vice Chair Leet called the meeting to order at 5:03 p.m. Roll Call Vice Chair Leet introduced the committee members and non-committee members present. A quorum was established. Committee Member Hamilton left at 5:33pm Committee Member Johnson left at 5:43pm Present: 9- Committee Member Mary C. Woolridge (D-3), Committee Member Cheri Bryant Hamilton (D-5), Committee Member David James (D-6), Vice Chair Angela Leet (R-7), Committee Member Bill Hollander (D-9), Committee Member Rick Blackwell (D-12), Committee Member Kelly Downard (R-16), Committee Member Marilyn Parker (R-18), and Committee Member Dan Johnson (D-21) Excused: 3- Committee Member Kevin Kramer (R-11), Committee Member Cindi Fowler (D-14), and Chair Person Marianne Butler (D-15) Non-Committee Members Council President David Yates (D-25) Support Staff Nick Lococo, Jefferson County Attorney's Office Beth Stenberg, Metro Council Finance Clerk H. Stephen Ott, CKMC Louisville Metro Government Page 1 Budget Committee Action Summary - Final July 21, 2016 Pending Legislation 1. O-142-16 AN ORDINANCE AMENDING ORDINANCE NO. 103, SERIES 2015 AND ORDINANCE NO. 104, SERIES 2015 RELATING TO THE FISCAL YEAR 2015-16 OPERATING AND CAPITAL BUDGET, RESPECTIVELY, BY TRANSFERRING ($80,000) $145,000 FROM THE DISTRICT 19 NEIGHBORHOOD DEVELOPMENT FUND TO THE DISTRICT 19 CAPITAL INFRASTRUCTURE FUND (AS AMENDED). Sponsors:Primary Julie Denton (R-19) A motion was made by Committee Member Woolridge, seconded by Committee Member James, that this Ordinance be recommended for approval. Committee Member Parker spoke to this item on behalf of Council Member Denton. A motion was made by Committee Member Parker, seconded by Committee Member Hamilton, that this Ordinance be amended by adding $65,000, making the total transfer $145,000. The motion to amend carried by a voice vote. The motion to recommend for approval carried by the following vote and the Ordinance as amended was sent to Old Business: Yes: 9- Woolridge, Hamilton, James, Leet, Hollander, Blackwell, Downard, Parker, and Johnson Excused: 3- Kramer, Fowler, and Butler 2. O-165-16 AN ORDINANCE AMENDING ORDINANCE NO. 103, SERIES 2015, RELATING TO THE FISCAL YEAR 2015-16 OPERATING BUDGET FOR LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT, BY TRANSFERRING $7,000 FROM THE NEIGHBORHOOD DEVELOPMENT FUND (DISTRICT 14) TO LOUISVILLE METRO COUNCIL GENERAL OPERATIONS (DISTRICT 14). Sponsors:Primary Cindi Fowler (D-14) A motion was made by Committee Member Woolridge, seconded by Committee Member Johnson, that this Ordinance be recommended for approval. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar: Yes: 9- Woolridge, Hamilton, James, Leet, Hollander, Blackwell, Downard, Parker, and Johnson Excused: 3- Kramer, Fowler, and Butler Louisville Metro Government Page 2 Budget Committee Action Summary - Final July 21, 2016 3. O-181-16 AN ORDINANCE AMENDING ORDINANCE NO. 103, SERIES 2015 AND ORDINANCE NO. 104, SERIES 2015 RELATING TO THE FISCAL YEAR 2015-16 OPERATING AND CAPITAL BUDGET, RESPECTIVELY, BY TRANSFERRING $200,000 FROM THE DISTRICT 25 NEIGHBORHOOD DEVELOPMENT FUND TO THE DISTRICT 25 CAPITAL INFRASTRUCTURE FUND. Sponsors:Primary David Yates (D-25) A motion was made by Committee Member Woolridge, seconded by Committee Member Johnson, that this Ordinance be recommended for approval. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar: Yes: 9- Woolridge, Hamilton, James, Leet, Hollander, Blackwell, Downard, Parker, and Johnson Excused: 3- Kramer, Fowler, and Butler 4. O-182-16 AN ORDINANCE AMENDING ORDINANCE NO. 103, SERIES 2015 AND ORDINANCE NO. 104, SERIES 2015 RELATING TO THE FISCAL YEAR 2015-16 OPERATING AND CAPITAL BUDGET, RESPECTIVELY, BY TRANSFERRING $195,000 FROM THE DISTRICT 26 NEIGHBORHOOD DEVELOPMENT FUND TO THE DISTRICT 26 CAPITAL INFRASTRUCTURE FUND. Sponsors:Primary Brent Ackerson (D-26) A motion was made by Committee Member Johnson, seconded by Committee Member Woolridge, that this Ordinance be recommended for approval. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar: Yes: 9- Woolridge, Hamilton, James, Leet, Hollander, Blackwell, Downard, Parker, and Johnson Excused: 3- Kramer, Fowler, and Butler 5. O-184-16 AN ORDINANCE AMENDING ORDINANCE NO. 103, SERIES 2015 AND ORDINANCE NO. 104, SERIES 2015 RELATING TO THE FISCAL YEAR 2015-16 OPERATING AND CAPITAL BUDGET, RESPECTIVELY, BY TRANSFERRING $100,000 FROM THE DISTRICT 22 NEIGHBORHOOD DEVELOPMENT FUND TO THE DISTRICT 22 CAPITAL INFRASTRUCTURE FUND. Sponsors:Primary Robin Engel (R-22) A motion was made by Committee Member Johnson, seconded by Committee Member Woolridge, that this Ordinance be recommended for approval. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar: Yes: 9- Woolridge, Hamilton, James, Leet, Hollander, Blackwell, Downard, Parker, and Johnson Louisville Metro Government Page 3 Budget Committee Action Summary - Final July 21, 2016 Excused: 3- Kramer, Fowler, and Butler 6. R-76-16 RESOLUTION OF OFFICIAL INTENT OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT TO FINANCE THE ACQUISITION, CONSTRUCTION, RENOVATION AND IMPROVEMENT OF CERTAIN CAPITAL PROJECTS OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AND ITS AGENCIES AND DEPARTMENTS FROM THE PROCEEDS OF ONE OR MORE PROPOSED ISSUES OF TAX-EXEMPT GENERAL OBLIGATION BONDS AND TAX-EXEMPT GENERAL OBLIGATION NOTES. Sponsors:Primary Marianne Butler (D-15) A motion was made by Committee Member Woolridge, seconded by Committee Member James, that this Resolution be recommended for approval. Daniel Frockt, Office of Management and Budget (OMB), spoke to this item. The motion carried by a voice vote and the Resolution was sent to the Consent Calendar. Special Discussion ID 16-981 Tax Increment Financing - TIF Attachments: 07-21-16 TIF Handout 07-21-16 TIF basics Mary Ellen Wiederwohl, Jeff Mosley and Laura Ferguson, Louisville Forward, and Daniel Frockt, OMB, provided a PowerPoint presentation and answered questions from the committee. Adjournment Without objection, Vice Chair Leet adjourned the meeting at 6:04 p.m. *NOTE: Items sent to the Consent Calendar or Old Business will be heard before the full Council at the Metro Council Meeting on July 28, 2016. Louisville Metro Government Page 4