City of Oakwood

Cindy Stafford

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• Gross Income Tax collections are at 93.09% of the budgeted $11.00M. April and May are normally our largest collection months. The gross and net 2023 collections are less than YTD November 2022 by 0.06% and 0.34%, respectively.
• Our Real Estate tax collections total $2,936,410; 105.15% of budget.
• General Fund revenues are 98% of budget and total General City Services revenues are 99% of budget.
• General Fund expenditures, including encumbrances, are 90% of budget and total General City Services expenditures, including encumbrances, are 89% of budget.
• Budgeted disbursements for General City Services include $17,179,288 in original appropriations plus the following supplemental appropriations:
  • $985,000 approved May 1, 2023 to be transferred to the Stormwater Improvement / Equipment Replacement Fund for the Far Hills Storm Sewer Reconstruction project; and
  • $50,000 approved May 1, 2023 for costs related to the continuation of a traffic study.
• No unusual items in the month of November.

• Refuse revenues are approximately 92% of budget. Expenditures, including encumbrances, are approximately 91% of budget.
• Budgeted disbursements for Refuse include $1,507,535 in original appropriations plus the following supplemental appropriation:
  • $25,000 approved May 1, 2023 for the purchase of a refuse scooter.
• No unusual items in the month of November.

• Water revenues are approximately 99% of budget. Expenditures, including encumbrances, are approximately 76% of budget.
• Budgeted disbursements for Water include $1,796,750 in original appropriations.
• Sewer revenues are approximately 92% of budget. Expenditures, including encumbrances, are approximately 79% of budget. 63% of our 2022 costs were a result of payments to Dayton and Montgomery County for wastewater treatment.
• Budgeted disbursements for Sanitary Sewer include $2,407,741 in original appropriations.
• Stormwater revenues are approximately 101% of budget. Expenditures, including encumbrances, are approximately 94% of budget.
• Budgeted disbursements for Stormwater include $1,607,525 in original appropriations.
• No unusual items in the month of November.