Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Tax Budget topic

No spam. Unsubscribe anytime.

County adopts alternative tax budget for 2026; officials outline levy schedules and debt service

Cuyahoga County Finance and Budgeting Committee · May 20, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Cuyahoga County's Finance and Budgeting Committee adopted the annual alternative tax budget for 2026, a routine step under Ohio law, with the fiscal office presenting millage schedules, a $2.2 billion operating tax budget estimate and general obligation debt service projections.

The Cuyahoga County Finance and Budgeting Committee adopted Resolution 20250187, the county's annual alternative tax budget for 2026, after a short presentation from fiscal office staff.

Walter Parfia of the county fiscal office told the committee that Ohio Revised Code section 5705.28 requires council to adopt a tax budget to demonstrate the county's need for property taxes and to establish next year's revenue estimates. He summarized three schedules included in the packet: Schedule 1 lists levies totaling 14.85 mills of levied and unvoted millage (totaling $450,500,000); Schedule 2 is the certificate of estimated resources showing a recommended county operating tax budget of just over $2,200,000,000 for 2026; and Schedule 3 details general obligation debt service, which the presenter said totals just over $200,000,000 across several bond series.

"This is really a three-step process," Parfia said, describing subsequent certification by the Budget Commission and a later council resolution to accept final rates once certified.

With no questions from the committee on the presentation, the chair moved to adopt the alternative tax budget; members seconded and members responded "Aye," approving the resolution.

Next steps: the county will send the proposed rates to the Budget Commission for certification and return to council for final acceptance once the Budget Commission completes its review.