At its Thursday meeting, the Ironton City Council will have first reading of an ordinance that would increase the amount deposited into the city’s garbage equipment reserve funds.

The current ordinance states that 1 percent from the total garbage collection fee be deposited into the garbage equipment reserve funds. The new ordinance would increase that amount to 6 percent beginning Jan. 1.

As of now, the city has more than $70,000 in the fund, which can be used for garbage collection equipment and capital improvement expenditures, such as repairs, refurbishments or the purchase of new or used equipment.

The ordinance, 12-78, will be declared an emergency, according to the agenda.

Also up for discussion are ordinances to amend the annual operating budget for the fiscal year ending Dec. 31, 2012, and to reschedule the regularly scheduled council meeting from Nov. 22 to Nov. 19 because of Thanksgiving holiday.

There are also resolutions on the agenda to adopt an alternative tax budget for the fiscal year beginning Jan. 1 and to approve certificates in excess of $3,000 for the month of October.

The meeting will follow a finance committee meeting, which is set for 5:30 p.m. in council chambers on the third floor of the Ironton City Center.