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Monday, November 26, 2018

Summit County to Set Up "Pipeline Emergency Response Fund"

From the Akron Beacon Journal:
The Summit County Council on Monday formally approved the “Pipeline Emergency Response Fund” intended to pay for services in the event of a natural gas pipeline emergency in the county. 
Starting in 2021, the fund — proposed in response to the now-functioning $2.1 billion Nexus natural gas pipeline that runs through part of the county — will collect about $100,000 annually in property taxes from pipeline operators. The money will be used to pay for training, planning and equipment for local emergency responders. 
The council also on Monday received a 2019 preliminary operating budget. 
According to the county executive’s web site, the county is looking at a 2019 operating budget of $546.7 million, which is 1.7 percent higher than the 2018 adjusted budget of $537.7 million. The 2018 operating budget as originally passed in late 2017 totaled nearly $529.2 million. The county’s latest budget document says it projects revenue collection will be flat next year.
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