DOCSLIB.ORG

CITY of TOLEDO, OHIO 2018 Annual Information Statement

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
CITY of TOLEDO, OHIO 2018 Annual Information Statement CITY OF TOLEDO, OHIO 2018 Annual Information Statement in connection with Bonds and Notes of the City of Toledo In addition to providing information on an annual basis, the City of Toledo intends that this Annual Information Statement be used, together with information to be provided by the City specifically for that purpose, in connection with the original offering and issuance by the City of its bonds and notes. Questions regarding information contained in this Annual Information Statement should be directed to: Melanie Campbell Acting Director of Finance One Government Center, Suite 2050 Toledo, Ohio 43604-2293 Telephone (419) 245-1648 E-Mail: [email protected] The date of this Annual Information Statement is July 31, 2018. REGARDING THIS ANNUAL INFORMATION STATEMENT The information and expressions of opinion in this Annual Information Statement are subject to change without notice. Neither the delivery of this Annual Information Statement nor any sale made under an Official Statement or other offering document of which it is a part shall, under any circumstances, give rise to any implication that there has been no change in the affairs of the City since its date. TABLE OF CONTENTS Page INTRODUCTORY STATEMENT ........................................................................................................... 1 THE CITY ................................................................................................................................................... 2 General Information ............................................................................................................................... 2 City Government .................................................................................................................................... 4 Employees ............................................................................................................................................ 10 ECONOMIC AND COMMUNITY DEVELOPMENT ACTIVITIES ................................................ 11 Industry and Commerce ....................................................................................................................... 11 Healthcare ...................................................................................................................................... 12 Automotive .................................................................................................................................... 12 Recent Downtown Development Activities ................................................................................... 13 Other Recent and Ongoing Development Activities ...................................................................... 14 Port Authority Economic Development Efforts ............................................................................. 16 Public Projects ...................................................................................................................................... 16 Housing .......................................................................................................................................... 18 Education .............................................................................................................................................. 20 Economic and Demographic Information ............................................................................................ 21 Population .................................................................................................................................... 21 Industry and Major Employers ..................................................................................................... 21 Employment ................................................................................................................................. 26 Income and Spending ................................................................................................................... 27 Home Values and Housing Units ................................................................................................. 27 Building Permits ........................................................................................................................... 28 Transportation ...................................................................................................................................... 28 Ground Transportation ................................................................................................................... 28 Airports .......................................................................................................................................... 29 Seaport ........................................................................................................................................... 30 City Facilities ....................................................................................................................................... 32 Water System ....................................................................................................................................... 32 Facilities and Operations................................................................................................................ 32 Service Area and Users .................................................................................................................. 34 Water Rates .................................................................................................................................... 35 Operating Results ........................................................................................................................... 37 Outstanding Water System Revenue Bonds and Other Obligations .............................................. 38 August 2014 and March 2015 Water System Events .................................................................... 39 Regional Water Discussions and Planning .................................................................................... 40 Sewer System ....................................................................................................................................... 41 Facilities and Operations................................................................................................................ 41 Service Area and Users .................................................................................................................. 42 Sewer Rates .................................................................................................................................... 42 Operating Results ........................................................................................................................... 44 Outstanding Sewer System Revenue Bonds and Other Obligations .............................................. 44 Storm Water Management System ....................................................................................................... 45 Other Utilities ....................................................................................................................................... 47 - i - Natural Gas; Electricity; Telephone ............................................................................................... 47 Solid Waste Collection and Disposal ............................................................................................. 47 FINANCIAL MATTERS ......................................................................................................................... 47 Introduction .......................................................................................................................................... 47 Budgeting, Tax Levy and Appropriations Procedures ......................................................................... 48 Financial Reports and Audits ............................................................................................................... 49 Investment and Management of City Funds ......................................................................................... 50 General Fund and Financial Outlook ................................................................................................... 51 CERTAIN MAJOR GENERAL FUND REVENUE SOURCES ......................................................... 52 Municipal Income Tax ......................................................................................................................... 52 Nontax Revenues .................................................................................................................................. 55 Local Government Assistance Funds ................................................................................................... 57 Casino Tax Revenues ........................................................................................................................... 57 AD VALOREM PROPERTY TAXES .................................................................................................... 58 Assessed Valuation ............................................................................................................................... 58 Largest Property Tax Payers ................................................................................................................ 59 Overlapping Governmental Entities ....................................................................................................
Load more

Recommended publications
  • Ultimate RV Dump Station Guide
    Ultimate RV Dump Station Guide A Complete Compendium Of RV Dump Stations Across The USA Publiished By: Covenant Publishing LLC 1201 N Orange St. Suite 7003 Wilmington, DE 19801 Copyrighted Material Copyright 2010 Covenant Publishing. All rights reserved worldwide. Ultimate RV Dump Station Guide Page 2 Contents New Mexico ............................................................... 87 New York .................................................................... 89 Introduction ................................................................. 3 North Carolina ........................................................... 91 Alabama ........................................................................ 5 North Dakota ............................................................. 93 Alaska ............................................................................ 8 Ohio ............................................................................ 95 Arizona ......................................................................... 9 Oklahoma ................................................................... 98 Arkansas ..................................................................... 13 Oregon ...................................................................... 100 California .................................................................... 15 Pennsylvania ............................................................ 104 Colorado ..................................................................... 23 Rhode Island ...........................................................
    [Show full text]
  • Leasing Brochure
    ENDLESS POSSIBILITIES ENDLESS POSSIBILITIES ENDLESS POSSIBILITIES FRANKLIN PARK ENDLESS POSSIBILITIES FRANKLIN PARK MALL #COMETOGETHER FASHION FAMILY FUN FOOD FASHION FAMILY FUN FOOD Franklin Park Mall is a super-regional shopping center located in Toledo, Ohio offering the PROPERTY INFO area’s premier selection of shopping, dining and entertainment options. The 1.3 million sq. ft. center is positioned in a rapidly expanding retail corridor and features exceptional freeway access to Toledo’s interstates and the Ohio Turnpike. Franklin Park Mall is the BUILT 1971 only enclosed shopping center within a 50-mile radius and welcomes more than 6 million REDEVELOPED 2005 visitors per year from surrounding Northwest Ohio and Southeast Michigan communities. TOTAL TENANTS 150+ The community destination is anchored by Dillard’s, Macy’s, JCPenney, Dick’s Sporting TOTAL CENTER GLA 1,300,000 SF Goods, a Cinemark 16 & XD theater and is home to 150+ local, regional and national DAILY VISITORS 16,400+ retailers. Visitors can enjoy the region’s only Dave & Buster’s, BJ’s Brewhouse and Apple Store as well as many first-to-market retailers including Altar’d State, Dry Goods and Box ANNUAL VISITORS 6+ MILLION Lunch. A bright and airy Food Court serving fast casual favorites such as Chick-Fil-A, PARKING SPACES 6,100 Steak Escape, Auntie Anne’s and Sbarro compliment an impressive lineup of full-service restaurants including Black Rock Bar & Grill, Bravo!, bd’s Mongolian Grill and Don Juan Mexican Restaurant. ANNUAL SALES As the fourth largest city in the state of Ohio, Toledo has the amenities of a lively metropolis and the charm of a small town.
    [Show full text]
  • University of Toledo Foundation Director of Development for the College of Law
    University of Toledo Foundation Director of Development for The College of Law Reports to: Associate Vice President of Development Location: Toledo, Ohio The Position The Director of Development (Director) is a key member of the University of Toledo (UT) Foundation Advancement Team. S/he will develop and execute a comprehensive major gift fundraising plan to maximize charitable support for the College of Law. The Director will identify and build relationships with prospective donors and alumni capable of making gifts of six figures and above. S/he will cultivate, solicit, and close these gifts, and steward the donor relationships to advance the strategic priorities of the College. Opportunity. The new Director of Development has a tremendous opportunity to create a culture of giving among the College’s network of 7,000 alumni. Working very closely with the Dean, faculty, and the advancement team, the Director will tailor a plan for philanthropic opportunities that reflects the Dean’s vision for the College to be nationally recognized for excellence in preparing lawyers for practice. “There is great (philanthropic) capacity among our alumni,with many of our very successful graduates now retiring,” said Dean D. Benjamin Barros. “With gifts, we can provide improved skills training and other supportive services to our students. We can create endowed professorships that will allow us to attract and retain outstanding faculty and develop nationally recognized areas of expertise in areas such as health law and water law,” Dean Barros added. The Director of Development will play an integral role in the preparation and execution of the University’s largest comprehensive campaign.
    [Show full text]
  • Living in Perrysburg Township
    LIVING IN PERRYSBURG TOWNSHIP Est. 1823 www.perrysburgtownship.us Resident Guide (RG)2013 Dear Community Members, Welcome! Whether you are already a member of our community or considering moving your home or business here, we extend a heartfelt greeting to you on behalf of Perrysburg Township. Living or working here allows individuals access to an assortment of opportunities and the benefit of exceptional services. These amenities, along with a community of friendly citizens, combine to make Perrysburg Township a great place to live and work. There are four elected officials, seven departments, and countless volunteers who strive to make this township a tremendous place to live and work. We hope you enjoy this complimentary Resident Guide in which you will find vital information about Township services and the area as a whole. For more information please visit our website, www.perrysburgtownship.us Sincerely, Craig LaHote, Gary Britten, Robert Mack Perrysburg Township Trustees 2 LIVING IN PERRYSBURG TOWNSHIP Est. 1823 TABLE OF CONTENTS Your Township Government 4 Perrysburg Township Profile 5 Township Services: Administration 6 Township Services: Fire / Emergency Medical Services 7 Township Services: Maintenance 8 Township Services: Parks and Recreation 9 Township Services: Planning and Zoning 10 Township Services: Police 11 Township Housing Options 12-13 Local Services Information 14 Local Points of Interest 15-16 School Options: Addresses and Map 17-18 Local News and Entertainment Information 19 Local, State, and Federal Elected Officials Contact Information 20 Township Personnel Contact Information 21 Perrysburg Township / 26609 Lime City Road / Perrysburg, Ohio 43551 / 419.872.8861 3 YOUR TOWNSHIP GOVERNMENT What is a Township and who governs? The Pilgrims brought the Township form of government to America in 1620.
    [Show full text]
  • Fulton County Resource Guide
    Table of Contents Emergency Services…………………………………………………….……Back Cover Social Service Agencies AA Alcoholics Anonymous………………………………………………………………….4 Alano Club in Wauseon Ability Center, Bryan Office Adult Basic & Literacy Education (ABLE) Advocates for Basic Legal Equality (ABLE) Alzheimer Association NW Ohio Chapter…………………………………………….5 American Red Cross-West Central Ohio Chapter AmeriCare Home Health Center for Child and Family Advocacy Community Health Professionals Comprehensive Crisis Care/211…………………………………………..………………6 Community Pregnancy Centers Cystic Fibrosis Center-Pediatric Divorce Care Domestic Violence Women/House of Ruth…………………….……………………7 Easter Seals Society of Northwest Ohio Epilepsy Center Services of Northwest Ohio Family and Children First Council Family Justice Center Four County ADAMhs Board Four County Family Center………………………………………………..……..………….8 Four County L.O.S.S. Team Friendship House FulCare Behavioral Health Fulton County Board of Developmental Disabilities……………………..… …..9 Fulton County Child Support Enforcement Agency Fulton County Furniture Ministry Fulton County Health Center Fulton County Job & Family Services……………………………………………..………10 FCJFS Healthy Start FCJFS Re-entry Connection Fulton County Health Department Grief Support Group 1 Table of Contents Social Service Agencies, Continued Habitat for Humanity……………………………………….……………………….….….11 Hands of Grace Faith in Action Healthy Start Help Me Grow—Northwest Ohio Home Energy Assistance Program (HEAP) H.O.P.E. Fulton County Health Center……..………..……………………………..12 International
    [Show full text]
  • Macon-Bibb County Planning & Zoning Commission
    Macon-Bibb County Planning & Zoning Commission COMPREHENSIVE PLAN Community Assessment Draft – Public Review Phase February 2006 Macon-Bibb County Planning & Zoning Commissioners Theresa T. Watkins, Chariman Joni Woolf, Vice-Chairman James B. Patton Lonnie Miley Damon D. King Administrative Staff Vernon B. Ryle, III, Executive Director James P. Thomas, Director of Urban Planning Jean G. Brown, Zoning Director Dennis B. Brill, GIS/Graphics Director D. Elaine Smith, Human Resources Officer Kathryn B. Sanders, Finance Officer R. Barry Bissonette, Public Information Officers Macon-Bibb County Comprehensive Plan 2030 Prepared By: Macon-Bibb County Planning & Zoning Commission 682 Cherry Street Suite 1000 Macon, Georgia 478-751-7460 www.mbpz.org February 2006 “The opinion, findings, and conclusions in this publication are those of the author(s) and not necessarily those of the Department of Transportation, State of Georgia, or the Federal Highway Administration. Table of Contents Introduction…………………………………………………………Introduction-1 Chapter 1- General Population Overview .................................................................... 1-1 Chapter 2 - Economic Development ............................................................................ 2-1 Chapter 3 - Housing......................................................................................................... 3-1 Chapter 4 - Natural and Cultural Resources................................................................. 4-1 Chapter 5 - Community Facilities and Services...........................................................
    [Show full text]
  • Market Feasibility Analysis
    Market Feasibility Analysis Tenley Commons 600 Lamar Road Macon, Bibb County, Georgia 31210 Prepared For Mr. Denis Blackburne Woda Cooper Companies, Inc. Tenley Commons Limited Partnership (Owner) 127 Abercorn Street, Suite 402 Savannah, Georgia 31401 Effective Date May 15, 2019 Job Reference Number 19-320 JW 155 E. Columbus Street, Suite 220 Pickerington, Ohio 43147 Phone: (614) 833-9300 Bowennational.com Table Of Contents A. Executive Summary B. Project Description C. Site Description and Evaluation D. Primary Market Area Delineation E. Community Demographic Data F. Economic Trends G. Project-Specific Demand Analysis H. Rental Housing Analysis (Supply) I. Absorption & Stabilization Rates J. Interviews K. Conclusions & Recommendations L. Signed Statement M. Market Study Representation N. Qualifications Addendum A – Field Survey of Conventional Rentals Addendum B – Comparable Property Profiles Addendum C – Market Analyst Certification Checklist Addendum D – Methodologies, Disclaimers & Sources Addendum E – Achievable Market Rent Analysis TOC-1 Section A – Executive Summary This report evaluates the market feasibility of the Tenley Commons rental community to be constructed utilizing financing from the Low-Income Housing Tax Credit (LIHTC) program in Macon, Georgia. Based on the findings contained in this report, we believe a market will exist for the subject development, as long as it is constructed and operated as proposed in this report: 1. Project Description: Tenley Commons involves the new construction of 70 apartments on an approximate 11.7-acre site at 600 Lamar Road in Macon. The project will offer 12 one-, 34 two- and 24 three-bedroom garden-style units in three (3) three-story, walk-up residential buildings together with a free-standing, 1,800 square-foot community building.
    [Show full text]
  • Franklin Park Mall Toledo, Ohio As the Only Enclosed Super-Regional Center in a 50
    Franklin Park Mall Franklin Park Mall Toledo, Ohio As the only enclosed super-regional center in a 50- mile radius, Franklin Park Mall impresses: 1.3 million MONROE, MI square feet; more than 45,000 trade area households MICHIGAN with incomes of $100,000 and above; retailers with OHIO top regional sales. TOLEDO, OH MAUMEE, OH But numbers don’t tell the whole story about the mall or deceptively affluent Toledo. A low cost of GIBSONBURG, OH 10 MILES living gives residents more money to spend on retail and dining. And the region’s demographics range from tech and medical professionals to the students training to join them. Franklin Park is where they celebrate the lifestyle they’ve earned — or aspire to. Franklin Park Mall Toledo, Ohio • Largest enclosed mall in Northwest Ohio • Enclosed, one-level super-regional mall • Mixes traditional and lifestyle tenants for one-stop shopping • A new Altar’d State and BoxLunch in 2017 Property Description major roads I-475 and Talmadge Road center description Enclosed, one-level center and Monroe Street anchors Macy’s, Dillard’s, JCPenney, Dick’s Sporting total sf 1,293,000 Goods, and Cinemark 16 & XD key tenants Apple Store, Williams-Sonoma, Pottery Barn, # of stores 142 Banana Republic, J Crew Mercantile, Pandora, Pink, Talbot’s, Swarovski, H&M, # of parking 6,100 Bravo Cucina Italiana,Dave & Buster’s, Sephora, Altar’d State, Ulta and BoxLunch THE CENTER THE MARKET STARWOOD Franklin Park Mall “Stop by Franklin Park Mall for the best bargains in fashion, electronics, and more” — DoToledo.org THE CENTER
    [Show full text]
  • President to Discuss UT-MUO Merger in State of the University Address
    UTwww.utnews.utoledo.edu NEWSJANUARY 9, 2006 VOLUME 6, ISSUE 10 President to discuss UT-MUO merger Negotiations in State of the University Address continue on By Vicki L. Kroll health-care resident Dan Johnson will talk the Future of The University of Toledo.” would be attending the third largest institu- contract about the future of The University “We have a chance to truly trans- tion in the state in terms of budget size and of Toledo, including the proposed form higher education in this region and external research funding. The institution P By Deanna Woolf merger with the Medical University of Ohio, in the state if the merger is approved,” would be more recognizable nationally. during his fifth annual State of the Univer- Johnson said. There would be seamlessness in taking embers of the UT administration and sity Address Thursday, Jan. 19, at 3:30 p.m. “If we come together to form a single courses or combining degrees or curricu- Memployee unions are continuing to in Doermann Theater. institution, students would see some sig- lum, and access to additional faculty and negotiate the health-care contract, with one His address is titled “Together: Shaping nificant advantages,” Johnson said. “They services. group setting a strike deadline. “Even though we have joint programs The negotiating units will meet on now in public health, nursing and some Tuesday, Jan. 10, when the administration other areas, this opens up a whole new will present a counteroffer to the unions. level of opportunity for the combination of Ron Honse, president of the Communi- Researchers ‘on the move’ in lab degrees in law and medicine or health and cation Workers of American (CWA) Local By Deanna Woolf business,” Johnson said.
    [Show full text]
  • Program Handbook 2018/2019
    Program Handbook 2018/2019 DIVISION OF NURSING The purpose of this handbook is to familiarize the 2221 Madison Avenue student with the policies of the program, so as Toledo, Ohio 43604 to give direction to the student throughout their course of study. 419.251.1313 888.80.MERCY mercycollege.edu TO: Nursing Students FROM: Nursing Program Directors DATE: August, 2018 Here is the Division of Nursing Program Handbook for the 2018-2019 academic year. Please print and sign this form and return it to your course instructor. By doing so, you agree to read and follow these guidelines. The Division of Nursing Program Handbook outlines all of the information specific to Mercy College’s Division of Nursing graduate and undergraduate programs. Mercy College of Ohio nursing students are expected to be familiar with the information, requirements, and policies and to abide by them. Failure to do so may impede a student’s progress or may result in disciplinary action and, in some cases, dismissal. In addition to the information provided in the Division of Nursing Program Handbook, students are responsible for knowing and abiding by all Mercy College of Ohio requirements, policies and procedures which can be found in the Mercy College of Ohio Catalog located on the Mercy College of Ohio website. Mercy College website: https://www.mercycollege.edu PRINTED NAME: SIGNATURE: DATE: ____________________________ Technical Standards In order to assure patient and student safety, to meet the program competencies, and for successful completion of the objectives of each nursing course, an individual must be able to independently, with or without reasonable accommodation, meet the following technical standards: • Ability to learn in the classroom and various educational settings.
    [Show full text]
  • Waves Attest, Our Programs Continue to Attract Beginning of 2011
    THE UNIVERSITY OF TOLEDO College of Natural Sciences and Mathematics physics.utoledo.edu DEPARTMENT OF PHYSICS AND ASTRONOMY Number 14 Fall 2011 DEPARTMENT CHAIR’S COMMENTS reetings to all of our alumni, friends Energy Laboratory and has an accomplished record in current, Gand supporters of the department! emerging and future generation materials and device architectures I hope this newsletter finds you well. I for energy and related applications, electron microscopy techniques, am sure you have noticed a change in the and density functional theory of electronic structure modeling. All photograph accompanying this message. three scientists complement and add to our existing research efforts, After a period of administrative study, the and promise significant contributions to enhancing our profile. 100-year-old College of Arts and Sciences In addition to these new appointments, we are happy to was divided into three independent report that Dr. Rupali Chandar, an astrophysicist working colleges in the late fall of last year. The new on the evolution of stellar clusters, has been awarded tenure Anderson-Huang colleges are: the College of Languages, and promoted to the rank of associate professor, and Dr. Jon Literature, and Social Sciences; the College Bjorkman, an astrophysicist working on the theory of stellar disks, of Natural Sciences and Mathematics; and the College of Visual has been promoted to the rank of full professor. As the articles and Performing Arts. The new structure became effective at the in this edition of Waves attest, our programs continue to attract beginning of 2011. We are very proud that our own Dr. Karen interest locally, nationally and internationally.
    [Show full text]
  • Wealth Management
    page 5 Amazon Air Operation begins at Toledo Express page 19 www.toledobiz.com APRIL 2021 Vol. 37, No. 04 • $2.25 Gideon Owen Wine Co. a catalyst for development Quintin and Donna Smith purchased the former Mon Ami establishment on Catawba Island in June of 2019. Their decision to pur- chase the business stemmed from their love for the historic building, cellars, and the beau- HHealthcareealthcare tiful surrounding property. According to the owners, they also had concerns that another & InsuranceInsurance buyer would choose to commercially devel- ppageage 1313 op the surrounding property, which in their GGideonideon OOwenwen WWineine CCompany’sompany’s opinion would destroy the historical nature CCatawbaatawba IIslandsland wwineryinery of the land. INSIDE THIS ISSUE: (…continued on page 3) DEVELOPMENT NEWS ................................... 2 WEALTH MANAGEMENT ........................... 5 FINANCIAL SERVICES & TAX ....................... 10 Backyard Products invests $3M in expansion HEALTHCARE & INSURANCE ................... 13 Backyard Products, a designer, manufacturer BUSINESS LIST ............................................... 17 and installer of backyard wood structures, is in- NEWS IN BRIEF .............................................. 19 vesting $3 million to expand its current 200,000 square foot manufacturing plant in Monroe, Mich- REAL ESTATE .................................................. 21 igan by 60,000 square feet and create 15-20 new CLASSIFIEDS .................................................. 23 jobs. The investment
    [Show full text]