Finance

Financial Reports 


Fiscal Activity in 2019

Income Tax Division

The Auditor’s Office collected $27,342,702.64 in income taxes. Income tax collection was 54.21 percent of the general fund revenue. 

Asset Management & Accountability

The 2018 books have been audited by the State of Ohio Office of Auditor and were found to be in compliance with all state regulations and local governance according to Generally Accepted Accounting Principles (GAAP) principles. The City received an Auditor of State Award with Distinction.

2019 Year in Review

General Fund Revenue

$50,435,017

General Fund Expense

$61,344,828

All Fund Revenue

$79,910,496

All Fund Expense

$92,898,029

Major Sources of Revenue

Type of IncomeDollar Amount
Income Tax$27,342,703
EMS Service$767,624
Local Government$761,337
Gas Tax / Street Repair$1,276,942
Real Estate Tax$333,219
Building Permits$342,687
Cable Fees$199,521


Major Sources of Expense

Type of ExpenseDollar Amount
Wages and Salaries$14,996,123
Pension Contributions $3,617,681
Self-Funded Insurance$3,969,918
Capital Improvements$10,760,856
Utilities / Street Lighting$728,575
Debt Service$12,704,612
Building Maintenance$341,445