NorwoodAuditor.com

Jim Stith, Auditor

City of Norwood, Ohio

 

 

The 2016 Norwood Auditor's Report offers year end information of the cash balances and unaudited totals for revenues and expenditures for the City's General Fund.  Below, many of the pages and charts can be seen for public review.  The complete report, including expenses and revenues by key, can be downloaded by clicking on this link,  

Norwood_Auditors_Report_2016.pdf

 

        

Start with and overview of the City's revenue and expenses for 2016,

 

Let's compare revenue and expenditures for the last 7 years,

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How did 2016 revenue compare to previous years?

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Breaking down the General Funds revenue sources,

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Here is a comaparrison of monthly earnings tax revenue over the past 10 years,

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While 2016 saw an increase in revenue.

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This chart shows a breakdown of 2016 General Fund Expenditures,

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There was a significant increase in overtime cost in 2016.  Remeber that every dollar spent on overtime also increases the pension, medicare, and workers comp expnses.  The true cost of overtime is up to 30% more than the base cost.  The City's base overtime costs are listed here,

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Now lets look at a breakdown of the General funds 2016 Health Care costs,

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The largest areas of expense for the General Fund is personnel cost.  The largest departments are the Police and Fire Departments.  A breakdown of their personnel costs are displayed here,

 

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The City ended 2016 with outstanding debt not reflected in our encumbrances. 

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The City's final 2016 Statement of Cash Postion for all funds is as follows,

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Additional documentation including historic revenue and expense reports are available in the full report for download.

Please be aware that all the information on this site is offered in unaudited form unless stated otherwise.

Norwood_Auditors_Report_2016.pdf

 

 

 

 

 

 

 

 

 

 

 

 

 

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