Budget and five-year plan on City Council's agenda this week

Hudson City Council will meet at the Town Hall on Wednesday to discuss the 2013 budget and its five-year plan. (M.A. Ferguson-Rich/Ohio.com)

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Hudson City Council will decide whether to approve its five-year plan and 2013 budget at its meeting Wednesday evening.

The meeting will begin at 7:30 p.m. at the Town Hall.

The proposed five-year plan has been formulated based on workshop discussions held in the last month.

Major components of the plan affecting the General Fund include:

• An allowance of $1.6 million annually to repair, rebuild and maintain the city's streets
• Reducing the police department small capital expense total by $6,000
• Adding the vacant Board Clerk Position back to the Community Development Department (approximately $65,700 annually)
• Adding the annual estimated debt service for the YDC demolition. ($175,000 per year, beginning in 2014, for a period of ten years)
• Reducing the amount available to TecHudson (a business incubator) to $75,000 for 2013; $50,000 for 2014 and $50,000 for 2015

The Electric Fund plan includes a provision to reduce expenditure in 2013 for the Route 91 LED lighting project from $1,000,000 to $650,000.   Payment of the remaining $350,000 needed to complete the project will be deferred until 2014.

The Fleet Fund plan will reduce the amount budgeted for vehicle replacement by $48,000.  Instead of purchasing three cruisers at a total cost of $78,000, an SUV or similar vehicle will be purchased at an estimated cost of $30,000.

The 2013 budget has been modified to incorporate the five-year plan.