The Finance Department oversees all of the City's financial matters. Its' responsibilities include budgeting, the management of appropriations, expenditures, taxation, and assessments, along with handling all incoming and outgoing cash and checks.
Mr. Bruce Scott is the Finance Director and the Assistant Finance Director is Mr. Jeff Stergar. The public counter at the Finance Department is staffed by Sharen Michney.
The staff of the Finance Department is willing and able to assist residents with any city-related financial matter whenever possible.
City Receives Auditor of State Award for
Exemplary Financial Reporting for the Years 2015 and 2016
"Clean and accurate record-keeping are the foundation for good
government, and the taxpayers can take pride in [Willoughby Hills’]
commitment to accountability.”
Auditor of State Dave Yost
The Auditor of State Award is presented to local governments and school districts upon the completion of a financial audit. In order to receive the award, the City of Willoughby Hills’ financial practices and records had to meet the following criteria of a “clean” audit report:
- The City must file timely financial reports with the Auditor of State’s office in accordance with generally accepted accounting principles (GAAP); and
- The City’s audit report for the years 2015 and 2016 does not contain any findings for recovery, material citations, material weaknesses, significant deficiencies, Single Audit findings or questioned costs; and
- The City did receive a management letter from the Auditor’s Office at the conclusion of the audit. The letter contained two minor recommendations for improvement but did not contain any comments related to:
- Ethics referrals
- Questioned costs less than $10,000
- Lack of timely report submission
- Failure to obtain a timely Single Audit
- Findings for recovery less than $100
- Public meetings or public records
FUNCTIONS OF THE FINANCE DEPARTMENT:
1. Responsible for the handling and tracking of all incoming and outgoing monies in city accounts.
2. Manages all purchases and expenditures made by the city.
3. Pays and collects all taxes paid or received by the city.
4. Performs financial planning and reporting for the city, including the development of budgets and financial reports.
5. Ensures compliance with all financial-related obligations to the State and County Auditors.