Finance Department

Read the Wyoming Financial Corner, here!

The Finance Department of the City of Wyoming, Ohio is responsible for financial control (including investments and debt management), data processing, accounts payable, personnel benefits, payroll processing and collection of all City revenue. Such revenue includes the 0.8% City income tax, utility billings, state and county funding (including property tax), and charges for various public services (e.g. emergency service runs, police security, water removal).

The Finance Department also is responsible for coordinating with outside organizations to provide various services and benefits, such as serving as a collection agent for the Metropolitan Sewer District with regard to sewer usage in the City. In exchange for billing and collection services, the City retains a 7.0% fee based on total sewer revenue billed. The Finance Department also acts as a liaison to MediCount Management, the organization contracted to collect City revenue from emergency service runs within the City.

The Finance Department's mission is to adhere to the financial policies established by City Council and develop administrative policies that maintain the integrity of the City's financial system. This is accomplished by:

  • providing citizens, vendors and staff with quality service;
  • assisting City Council, the City Manager and all City staff with budget preparation and financial matters in an efficient and responsive manner;
  • preparing comprehensive, yet understandable, budgets and financial statements;
  • insuring timely and effective accounts payable and accounts receivable procedures;
  • administering and overseeing the City's Income Tax Code;
  • assisting in the administration of the Department of Water Works Operating Code; and
  • maintaining accurate and accountable records of all City financial transactions.

City of Wyoming - AAA Bond Rating

In preparation for the issuance of $6 million in general obligation bonds, the City's Administration completed a ratings presentation to Standard & Poor's (S&P). The City's strong financial performance and proactive management were significant factors in S&P raising its bond rating from AA+ to AAA. The rating also reflects the City's proximity to the Cincinnati labor market and attractiveness as an established high-end suburb with excellent schools, its very strong income and extremely strong wealth levels, and moderate debt level.

This prestigious AAA bond rating is the highest rating attainable by the public sector and the City of Wyoming is one of only eight municipalities to receive this rating in the state of Ohio. With this AAA rating, the City will realize substantial debt service cost savings due to reduced interest rates.

For information regarding Water Bills, please click here.
To pay your water bill online, please click here. Please Note: There is a $1.25 processing fee for this service.

Click here to be directed to the Tax Division's page.

Click here to view the Finance Department's 2009 Annual Report.

Click here to view the City's 2009 Comprehensive Annual Financial Report.

 

 

Finance Department
Mary Lou Kurtz, Fiscal Officer
mkurtz@wyoming.oh.us
800 Oak Avenue
Wyoming, OH 45215
513.821.7600