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Midyear review: Findlay faces lower income-tax receipts, budget shortfall range of $5M–$8M
Summary
City Auditor Jim Stasiak told the Findlay City Appropriations Committee on Aug. 5, 2025, that midyear revenue performance is below projections and that the city faces a potential operational shortfall of $5 million to $8 million if current trends continue.
City Auditor Jim Stasiak told the Findlay City Appropriations Committee on Aug. 5, 2025, that midyear revenue performance is below projections and that the city faces a potential operational shortfall. “The potential operational deficit currently now based on how the revenue is coming in is somewhere between 5 and $8,000,000,” Stasiak said during the midyear presentation.
The auditor reported that the city’s original 2025 general fund revenue budget totaled $35,700,000 and that income-tax receipts were running behind the projection of $32,300,000. Stasiak said withholding and certain business receipts were down, noting in particular that business…
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