The Finance Department is responsible for the overall day-to-day financial activities of the City involving cash management, budgetary, debt administration, investments, income tax, accounts payable, payroll, utility billing and collection.

The Finance Department monitors a 2008 operating budget of over $87 million and a capital budget of over $15 million.  Duties include completing annual operating budgets, tracking receipts and expenditures against these budgets and prudent investment of the City's resources.  The main objective of the City's investment plan is security with reasonable rates of returns.  The City's investment balance is concentrated in the State Treasury Reserve (STAROhio) administered by the Treasurer of the State of Ohio, Fifth Third Securities and United American Capital Corporation.  All investments are made in accordance with the Investment Policy reviewed and approved by City Council.

The Finance Department also administers a debt load of $202 million and provides for proper payment of these obligations.  The City has worked with bond counsel to convert short-term notes to long-term bonds to reduce the interest rate risks inherent in short-term debt and ensure reduction of future dept through principal payments on this outstanding balance.

The Finance Department, Utility Section is responsible for billing and collection services for approximately 6,500 water, sewer and refuse customers.  Utility customers are billed monthly as meters are read.  Payments may be made at City Hall, 221 South Plum Street.  Office hours are from 8:00am to 4:30pm Monday through Friday.  Payments can be made directly at the above address or dropped off at the overnight drop off point at City Hall (Police Department entrance).  Please do not leave cash in the overnight drop box.

The Finance Department, Utility Section accepts Visa, Mastercard and Discover for payment of utility bills.  These payments may be made either in person or by calling (937) 642-6861.  We also provide utility customers the opportunity to have their monthly utility bill debited from their bank account (direct debit program). 

The Finance Department is also responsible for City income tax collections.  All wages earned by City residents and nonresidents working within the City limits are subject to a one percent tax (1%).  Employers operating within the City limits are required to deduct and remit this tax for all employees.  Residents working outside of Marysville, who are not having the 1% City income tax withheld by their employer as a "Courtesy Withholding", are required to file and pay quarterly their estimated income tax obligation.  Additional City income tax information may be obtained by clicking on the Income Tax link at the top of this page.

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Questions relating to the City's finances may be directed to John Morhart, the Finance Director at jmorehart@marysvilleohio.org.

Specific questions relating to Utilities may be directed to John Green, the Assistant Finance Director at jgreen@marysvilleohio.org.

Specific questions relating to City Income Tax may be directed to Becky Arnott, the Income Tax Administrator at rarnott@marysvilleohio.org.