Patton:
City faces numerous challenges
By Kevin Kelley
Fairview Park
Published March 15, 2006
The
pending closure of two buildings at NASA’s Glenn Research Center
is but one of the many challenges looming on the horizon for the
city of Fairview Park, Mayor Eileen Patton said March 8 during her
annual state of the city address before the Fairview Park Chamber
of Commerce.
“Our challenges
comes in all sizes, shapes and amounts,” the mayor said.
These challenges
include threats to the city’s three largest sources of income.
City officials were formally told by NASA in January
that two buildings on the north side of Brookpark Road will be closed
by October 2007. The 521 employees who work there represent Fairview
Park’s largest employer.
Podcast Fairview
Park Mayor Eileen Patton gave her annual city report to the
Chamber of Commerce March 8
MP3 4.7MB DOWNLOAD
“Many contracting jobs have recently left, and we
are feeling that departure in our revenue,” Patton said in her speech.
However, the
mayor said the city will approach the NASA setback as an opportunity.
City officials have been vigorously seeking other tenants for the
property.
“We have toured
the two buildings and have taken a prospective tenant there,” Patton
said. “We do not know how temporary this closure is going to be.”
The closure
of Westgate Mall, which had been in a moribund state for years,
has also resulted in a major decline in tax dollars, the mayor said.
However, some of the lost revenue will be made up from income taxes
paid by construction workers. The redeveloped Westgate, which will
open in the second half of 2007, will be the city’s third largest
contributor to its tax base, Patton said.
The second largest
contributor, the Fairview Park City School District, is currently
under going a restructuring, Patton noted. Last month, the school
board approved $2.6 million in permanent cuts, which include the
elimination of two dozen teaching positions.
“With the elimination
of positions, this too affects our city income tax base,” the mayor
said.
Patton said
that while the city ended 2005 in a positive financial position,
the city’s financial health will require a high level of vigilance.
The mayor reported
that:
Income tax revenue from 2004 to 2005 fell by $310,000,
or 8.4 percent.
Estate tax revenue increased by $100,000, or 25.2
percent.
General Fund revenue decreased by $554,000, or 6.1
percent, to $8,571,100.
Patton later
told West Life the declines in revenue will force the city to not
only dip into its reserves but exhaust them in the coming year.
Replacing the
income tax lost from the two NASA Glenn buildings is “the critical
key to the future of Fairview Park,” Patton said.
The mayor said
her administration will work with all city employees to get through
the coming challenges. The city’s commitment to redevelopment and
conservative approach to finances, which led to the Moody’s investment
firm raising the bond rating from A2 to A1 in June, will help the
city address the coming difficulties, Patton said.
The city’s goal
is to continue the high standards of services residents have come
to expect, the mayor said.
“We have before
us challenges,” Patton said. “But challenges can be overcome as
I work with all the excellent employees in facing and working on
these together.
“As we face
these challenges together they will make us stronger, more creative
and unified.”