Police Pension
This fund is required by law. The Ohio Police & Fire Pension fund was created by the Ohio General Assembly in 1965 to replace hundreds of individual local police and fire pension plans, many of which had liabilities exceeding the assets needed to pay future pension benefits to retirees. The General Assembly enacted a 65 year payment schedule for these liabilities, with the first payments due in 1970 and the final payments due in 2035. Monies representing 3/10ths of a mill of our taxable property valuation were used annually to pay down this debt. The debt was paid in full on November 6, 2019.
Scroll horizontally to view all years and values.
| Actual 2022 ($) |
Actual 2023 ($) |
Actual 2024 ($) |
Actual 2025 ($) |
Budget 2026 ($) |
|
|---|---|---|---|---|---|
| Revenue | |||||
| Property Tax | - | - | - | - | - |
| Other | - | - | - | - | - |
| Total Revenue | - | - | - | - | - |
| Expenditures | |||||
| Personnel Services | |||||
| Police / Fire Pension | - | - | - | - | - |
| Total Personnel Services | - | - | - | - | - |
| Contractual Services | |||||
| County Auditor Fees | - | - | - | - | - |
| State Admin. Fees - Prop. Tax | - | - | - | - | - |
| Total Contractual Services | - | - | - | - | - |
| Total Expenditures | - | - | - | - | - |
|
Excess (Deficiency) of Revenues over Expenditures |
- | - | - | - | - |
| Other Financing Sources/Uses: | |||||
| Transfers In | |||||
| From General Fund | - | - | - | - | - |
| - | - | - | - | - | |
| Total Other Financing Sources and Uses | - | - | - | - | - |
| Net Change in Fund Balance | - | - | - | - | - |
| Cash Balance, Jan. 1 | - | - | - | - | - |
| Add: Receipts | - | - | - | - | - |
| Less: Disbursements | - | - | - | - | - |
| Cash Balance, Dec. 31 | - | - | - | - | - |
| Less: Outstanding Encumbrances | - | - | - | - | - |
| Unencumbered Fund Balance, Dec. 31 | - | - | - | - | - |