City of Oakwood

Cindy Stafford

• Gross Income Tax collections are at 40.51% of the budgeted $10.80M. April and May are normally our largest collection months. The gross and net 2024 collections are more than YTD April 2023 by 3.93% and 4.35%, respectively.
• Our Real Estate tax collections total $1,014,373; 58.41% of budget.
• General Fund revenues are 43% of budget and total General City Services revenues are 41% of budget.
• General Fund expenditures, including encumbrances, are 40% of budget and total General City Services expenditures, including encumbrances, are 42% of budget.
• Budgeted disbursements for General City Services include $18,126,259 in original appropriations plus the following supplemental appropriation:
  • $40,000 approved February 5, 2024 for the purchase of a power cot for Medic 27.
  • $31,254.89 approved April 1, 2024 for the release of security for the repair of a residential premise damaged by fire.
• No unusual items in the month of April.

• Refuse revenues are approximately 34% of budget. Expenditures, including encumbrances, are approximately 49% of budget.
• Budgeted disbursements for Refuse include $1,680,468 in original appropriations.
• No unusual items in the month of April.

• Water revenues are approximately 27% of budget. Expenditures, including encumbrances, are approximately 45% of budget.
• Budgeted disbursements for Water include $2,040,076 in original appropriations.
• Sewer revenues are approximately 30% of budget. Expenditures, including encumbrances, are approximately 26% of budget. 67% of our 2022 costs were a result of payments to Dayton and Montgomery County for wastewater treatment.
• Budgeted disbursements for Sanitary Sewer include $2,840,039 in original appropriations.
• Stormwater revenues are approximately 36% of budget. Expenditures, including encumbrances, are approximately 87% of budget.
• Budgeted disbursements for Stormwater include $636,926 in original appropriations.
• No unusual items in the month of April.