Fiscal Health of Cuyahoga County Strong
The 2018 Midyear Update from the Cuyahoga County Fiscal Office
shows the county is on excellent financial footing
- The Cuyahoga County Fiscal office recently released its Midyear Update to County Council. The report shows that the General Operating Fund, the main operating fund in the County budget, is projected to end the year $15 million under budget, thanks to lower operating expenses resulting from good fiscal management. An operating surplus between revenue and expenditures of about one million dollars is projected.
The tables below provide an overview for the General Operating Fund as well as a breakdown of General Operating Fund Revenue sources:
|General Operating Fund
|Beginning Cash Balance
|Subsidies to Other Funds
|Unadjusted Ending Cash
|% Balance to Expenditures
The All Funds budget of $1.5 billion, which includes the General Fund, the Health and Human Services Funds, and Special Revenue Funds, is projected to end the year with expenditures $132 million under budget, again reflecting careful fiscal management.
“I am very pleased with our performance. Strong fiscal stewardship is very important to me and to our taxpayers,”
said Cuyahoga County Executive Armond Budish. “The County delivers many critical services to our residents and to our municipalities. Maintaining financial strength means that we can continue to deliver and improve these services. I am particularly pleased with the decrease in our expenses – it shows that we are working to be more efficient in our service delivery.”
To access the full report go to https://fiscalofficer.cuyahogacounty.us/pdf_fiscalofficer/en-US/obm/2018/2018-2ndQuarter.pdf