Budget & Finance
Under the direction of Budget and Finance Director, the department processes, records, and reports all financial activity of the City of Kent. The Director of Budget and Finance is the chief fiscal officer for the city and is the financial advisor to the City Manager and City Council. In addition to overseeing the utility billing and income tax, the Department of Budget and Finance also encompasses areas of responsibility such as:
- Financial accounting and reporting for all City funds
- Preparing the city’s annual operating budget and assisting with the Five-Year Capital Budget
- Administering the City’s payroll
- Working with banks and investment firms, while serving as custodian of City funds, investments, and property
- Managing the City’s debt and filing required disclosures and other documents with specified state and federal agencies
- Collecting fees, assessments, and tax revenues from various sources
- Certifying the availability of funds to pay for proposed expenditures
- Maintaining the City’s financial records
The Utility Billing Division and Income Tax Division are part of this department. For Accounts Payables, Accounts Receivables, Payroll or other general inquiries, please contact our staff members at 330-678-8102. For Utility questions, please call 330-678-8104.
For Income Tax inquiries for City of Kent call 440-526-0900 or1-800-860-7482 or visit the Regional Income Tax Agency (RITA) website. From this website you can file your municipal taxes electronically, lookup specific information, and view and print tax forms. The City of Kent uses RITA for all municipal income tax matters.
Please note for businesses having Brimfield or Franklin Joint Economic Development Districts income tax questions, or needing forms, phone our staff at 330-678-8103.
For questions about property valuations or taxes please visit the Portage County Auditor’s office website.
Ambulance billing and collection is done by LifeForce Management, Inc. Any questions regarding your ambulance bill should be directed to them. Visit their website or call 800-770-4767 or 330-626-5450.
The Government Finance Officer’s Association (GFOA) established the Certificate of Achievement for Excellence in Financial Reporting Program which the City annually participates in. The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program (CAFR Program) in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal.
Reports submitted to the CAFR program are reviewed by selected members of the GFOA professional staff and the GFOA Special Review Committee (SRC), which comprises individuals with expertise in public-sector financial reporting and includes financial statement preparers, independent auditors, academics, and other finance professionals. Review the City’s award winning Comprehensive Annual Financial Reports.
Ohio Auditor of State Financial Health Indicator Reports
Financial Health Indicators are a proactive approach to monitoring or assisting cities and counties that show early signs of fiscal stress. There are 17 indicators for entities that report financial statements using the Generally Accepted Accounting Principles (GAAP) and 15 for those that use a cash or modified cash basis of accounting – are a collection of financial information, percentages and ratios gathered from annual financial statements filed by local governments with the Auditor’s office in addition to their audit reports. The indicators are useful in predicting both financial stability and stress.