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Findlay auditor flags 19% drop in income tax receipts, says city deficit‑spent in 2024; council to review FY2026 revenue estimates
Summary
City Auditor told council income tax collections are down about 19% year‑to‑date; he confirmed the city ran a deficit in 2024 by his metrics and requested a public hearing on revenue estimates needed under Ohio budget law
City officials told Findlay City Council on June 17 that year‑to‑date income tax receipts are down significantly and that the city’s finances will need close monitoring as council considers multiple large ordinances.
City Auditor Stashek told council the most recent monthly report shows income tax collections down "over 19%" compared with the prior reporting period. Stashek said he reviewed prior months and earlier in the year the decline was under 10% but that the trend has deteriorated. He also stated, by the budgeting metrics he uses, the city "deficit spent in 2024." Stashek urged the council to treat…
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