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Wickliffe finance committee adjusts 2026 budget after state tax repayment notice
Summary
Finance committee members made revenue-side adjustments totaling $963,311 and discussed a required $490,000 repayment to the state for Ohio net profit tax; committee voted to keep payroll paid over the usual schedule for 2026 while finance staff pursue a permanent fix.
Wickliffe — The City of Wickliffe’s Finance Committee reviewed the 2026 budget on Jan. 20 and reported its recommendations to council on Jan. 26, including revenue-side adjustments and questions about several revenue and expense lines.
Finance Director Madis told the committee the city received a notice that it must repay $490,000 in Ohio net profit tax; he noted last year’s comparable…
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