CITY OF BELLBROOK, OHIO

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Finance
Finance

The City of Bellbrook is committed to sound financial reporting.  It is our goal to be accurate and transparent with taxpayer money.

 

Bellbrook Receives Auditor of State Award
A 2015 financial audit of the City of Bellbrook by the Auditor of State’s office has returned a clean audit report.  Bellbrook’s excellent record keeping has earned it the Auditor of State Award.

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Quarterly Financial Updates

The City Manager provides City Council with quarterly financial updates.  These updates provide a summary of the city's financial status and the financial status of major projects.
2016 Financial Overview

In December 2015, the Bellbrook City Council adopted the 2016 Annual Budget and the 2016-2020 Capital Improvement Program.

For budgeting purposes, the City breaks its finances into five categories: Property Tax Supported Funds (services provided using specific levies approved by the voters and other governmental funding – Police, Fire, General and Capital Improvements); Transportation Related Funds (services provided using funds that are restricted for transportation projects – gasoline tax, motor vehicle and permissive license tax revenue); Water Related Funds (services provided using funds from water customers including operating, capital and debt); Waste Collection Fund (services provided using fees from waste collection customers); and Other Funds (services provided for other purposes).

The following is a summary of these categories as approved for 2016:
  Revenue  Expenses  Difference  Ending Balance 
 Property Tax Supported Funds  $ 4,306,537 $ 4,728,066  $ (421,529)  $ 2,268,583 
 Transportation Related Funds 397,020   373,994 23,026  251,754 
 Water Related Funds  1,634,508 1,719,609  (85,101)  1,491,454 
 Waste Collection Fund 397,800  419,195  (21,395)  223,654 
 Other Funds 33,100  51,086  (17,986)  3,863 
         
 Total $6,768,965  $7,291,950  $(522,985)  $4,239,308 

The City’s largest revenue source is property tax and related state reimbursements at $3.1 million or 49% of total revenue. The second largest source is charges for services which include water, waste collection and EMS charges. This accounts for $2.2 million or 34% of total revenue. The third largest source of revenue is intergovernmental which includes local government funds, gasoline taxes, permissive license taxes and motor vehicle registrations. This accounts for 
$0.5 million or 8% of total revenue. The final significant source of revenue is capital grants. Several projects will be completed this year with the assistance of grant funding. Capital grants account for $0.03 million or 7% of revenue. 
The City’s most significant expense category is wages and benefits. Compensating the police officers, firefighters and service employees of the City costs $3.7 million or 54% of the total budget of $7.3 million. Other significant categories include services and supplies at $1.7 million or 24% and capital outlay at $1.3 million or 19% of total budget.
Budgets & Capital Improvement Plans

At the end of each year, the City Manager/Finance Director presents a budget to the City Council for the upcoming year.  The budget presentation contains not only financial numbers but information to help understand the cost of city operations.

Income Tax

 

The City of Bellbrook does not have a city or local income tax.  Residents and/or people who work in the city do not have to file tax returns with the city.

 

Bellbrook is one of a few cities in Ohio that does not have a local income income tax.

 

Property Tax

 

For more information on Bellbrook property taxes, go to the Property Tax Information page.

 

Contact the Administration Office

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