Finance News

 
2016 Audited Financial Statement Now Available

The Auditor of State's Office released the 2016 Audited Financial Statement for the City.  Once again, the report demonstrates the City's excellent financial position.  Please click on the Audited Financial Statements tab and click on the link to the State Auditor to find this document.  If you have any questions, please contact Finance Director Robert Tribby at 440-442-2626 x201.
      
   

Proposed Income Tax Rate Increase from 1% to 1.5% on November 6, 2018 Ballot 

On June 25, 2018, Council adopted Ordinance No. 2018-25, which would amend Chapter 794 of the Codified Ordinances of the City of Mayfield Heights to increase the City's income tax rate from 1% to 1.5% in order to increase revenues for capital improvements and other purposes if the majority of the voters approve it.  On August 7, 2018 Council adopted Resolution No. 2018-49 directing the Cuyahoga Board of Elections to put this measure on the ballot.  See full text of the ordinance and resolution below.

 

Ordinance No. 2018-25 

Resolution No. 2018-49