Finance

Financial Reports 


Fiscal Activity in 2020

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.

2020 Year in Review

General Fund Revenue

$35,138,398

General Fund Expense

$30,044,894

All Fund Revenue

$59,535,956

All Fund Expense

$52,601,753

Major Sources of Revenue

Type of IncomeDollar Amount
Income Tax$29,559,236
EMS Service$687,393
Local Government$789,679
Gas Tax / Street Repair$1,386,841
Real Estate Tax$335,346
Building Permits$270,721
Cable Fees$191,678


Major Sources of Expense

Type of ExpenseDollar Amount
Wages and Salaries$14,831,164
Pension Contributions $3,298,139
Self-Funded Insurance$3,279,024
Capital Improvements$1,935,681
Utilities / Street Lighting$848,507
Debt Service$12,878,846
Building Maintenance$482,142