Finance
Finance
The City of Bellbrook is committed to sound financial reporting.  It is our goal to be accurate and transparent with taxpayer money.
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.  See below for the most recent quarterly financial update.
Press ENTER key to focus on the active panel
2021 Financial Overview
In December 2020, the Bellbrook City Council adopted the 2021 Annual Operating Budget. Typically the 5 year Capital Improvement Plan is also adopted at this time. This year, it was decided during the budget work sessions of Council that the Capital Improvement Plan would be discussed at the beginning of 2021 and incorporated in the budget at that time. 

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 2021:
  Revenue  Expenses Difference Ending Balance
 Property Tax Supported Funds  $ 4,519,817 $ 4,488,916 $30,901 $3,379,731
 Transportation Related Funds 510,550 449,386  61,164  564,683 
 Water Related Funds 1,548,200 1,398,965  149,235  3,345,530 
 Waste Collection Fund 493,000 483,500  9,500  170,034 
 Other Funds 17,250 16,200  1,050  14,408 
         
 Total $7,088,817 $6,836,966  $251,851  $7,474,385 



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.
Press ENTER key to focus on the active panel
Annual Financial Statements

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