Capital Needs Assessment 2017-2021
The Capital Needs Assessment is a critical component of the City’s long-term financial management and forecasting process. In the spring and early-summer of each year, City staff review and update the prior year’s Capital Needs Assessment and document emerging projects and issues in the five-year planning horizon. The updated Capital Needs Assessment is shared with City Council and the public in advance of the budget process, in order to provide ample time to discuss the identified projects and determine which projects should be included in the annual budget request. On June 13th, 2016 the updated Capital Needs Assessment was introduced to City Council for review. Click here to view this newly submitted document.
We invite you to be involved in the budgeting process. Please review all of the documents on this page. You will find current financial documents to the right of this page. Attend public meetings and participate in the public forums (see calendar below). We encourage and welcome feedback in person or by emailing the City at firstname.lastname@example.org.
Gahanna’s annual budget is one of the most important and informative documents City officials, staff and citizens will use. It is the financial plan for the year, identifying the City’s priorities and policy environment, and reporting department activities and performance.
Developing the City’s budget is a year-round process that ends each December with the final formal adoption of the budget by City Council. Key milestones of the process are the submission of the state mandated tax budget each July to the County, completion and presentation of the annual Capital Needs Assessment, and then Council’s formal adoption of the budget.
The adopted budget becomes effective on January 1. The entire budget is available here. Gahanna's 2016 was to the Government Finance Officers Association (GFOA) to be considered for the Distinguished Budget Presentation Award. Gahanna received this award for the first time for its 2014 budget and received it for 2015 as well.
The City of Gahanna is required by Ohio Rev. Code 5705 to adopt an appropriation ordinance on or about the first day of each fiscal year. This appropriation ordinance controls expenditures at the fund and department level (the legal level of control). The appropriations may be amended or supplemented by Council during the year as required, by action of Council. The appropriation ordinance sets spending limitations within each fund and department by category: salaries & benefits, operating expenditures, and capital outlay. City Council, in the appropriations ordinance, gives the Finance Director the authority to make transfers up to $3,000 between appropriation line items within any department and fund. Any requests in excess of $3,000 must be approved by Council.
Unencumbered appropriations lapse at year-end and are returned to fund balance. Encumbrances outstanding at year-end are carried forward in the following year. The prior year appropriations corresponding to these encumbrances are also carried forward in order to provide budgetary authority for these expenses.
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