Budget, FY2024 (July 1, 2023 – June 30, 2024)

· All years · · Tax levy and rates · Debt · Fund balances

Compiled from the budget forms, amendment notices, Annual Financial Reports, audits and memos the City of Tiffin published with its council agendas and minutes. Not the official budget: every figure is as printed on the linked page; differences, percentages and comparisons are derived from those figures and labelled so.

Budgeted spending by function

Public safety$1.03M
Public works$757k
Culture & recreation$546k
Community & economic development$256k
General government$521k
Debt service$2.79M
Capital projects$2.08M
Business type / enterprise$4.03M

From the adopted budget column; bars to scale with the largest function.

The budget as printed

  1. Adopted budget: Budget Estimate Summary (state form, published for the budget hearing), G-1, I-1 - Resolution 2023-024 - PH and Approval of FY 2023-2024 Budget, p. 3 (Apr 18, 2023); Res. 2023-024
  2. Final budget: Budget amendment (state form), G-1, I-1 - Resolution 2024-030 - Budget Amendment FY 23-24, p. 2 (May 21, 2024) — total budget after the last amendment; Res. 2024-030
  3. Re-estimated (next year's form): Budget Estimate Summary (state form, published for the budget hearing), G-1, I-1 - Resolution 2024-022 Annual Budget FY 2024-2025, p. 4 (Apr 16, 2024); Res. 2024-022
  4. Actual (Annual Financial Report): Annual Financial Report, all funds (state form), L-3 - 2024 AFR Full, p. 1 (Nov 19, 2024)
  5. Actual (two years later's form): Budget Estimate Summary (state form, published for the budget hearing), G-1, I-1 - Resolution 2025-036 - Approving City of Tiffin FY 2025-2026 Budget, p. 3 (Apr 15, 2025); Res. 2025-036
Line As printedAdopted budgetFinal budgetRe-estimated (next year's form)Actual (Annual Financial Report)Actual (two years later's form)
Revenues and other financing sources
Taxes levied on property$3,261,821$3,261,821$0$3,413,438$3,413,438
Less: uncollected property taxes (levy year)$0$0$0$0$0
Net current property taxes$3,261,821$3,261,821$0$3,413,438$3,413,438
Delinquent property taxes$0$0$0$0$0
TIF revenues$1,874,666$1,874,666$0$1,877,507$1,877,507
Other city taxes$79,681$79,681$7,500$355,146$355,146
Licenses & permits$414,469$414,469$414,469$531,885$531,885
Use of money & property$192,769$192,769$192,769$330,322$330,322
Intergovernmental$1,211,648$1,211,648$1,211,648$762,942$762,942
Charges for fees & service$3,036,829$3,036,829$3,036,829$3,411,034$3,411,034
Special assessments$0$0$0$0$0
Miscellaneous$87,700$87,700$87,700$86,414$86,414
Other financing sources$6,950,000$6,950,000$6,950,000$3,793,560$3,793,560
Transfers in$3,027,734$3,027,734$2,913,968$2,753,011$2,753,011
Total revenues & other sources$20,137,317$20,137,317$14,814,883$17,315,259$17,315,259
Expenditures and other financing uses
Public safety$1,034,878$1,156,909$1,031,278$1,125,827$1,125,827
Public works$756,951$1,011,021$764,951$878,716$878,716
Health & social services$0$0$0$0$0
Culture & recreation$545,739$740,653$545,739$656,937$656,937
Community & economic development$255,940$255,940$255,940$150,772$150,772
General government$520,635$1,693,991$512,635$1,062,395$1,062,395
Debt service$2,787,978$4,434,965$2,787,978$2,638,828$2,638,828
Capital projects$2,080,000$3,933,000$1,680,000$1,539,585$1,539,585
Total government activities$7,982,121$13,226,479$7,578,521$8,053,060$8,053,060
Business type / enterprise$4,029,499$4,653,112$4,029,499$3,938,881$3,938,881
Total expenditures$12,011,620$17,879,591$11,608,020$11,991,941$11,991,941
Other financing uses$0
Transfers out$3,027,734$3,027,734$2,913,968$2,753,011$2,753,011
Total expenditures & transfers out$15,039,354$20,907,325$14,521,988$14,744,952$14,744,952
Fund balance
Excess revenues over (under) expenditures$5,097,963−$770,008$292,895$2,570,307$2,570,307
Beginning fund balance$5,106,012$5,106,012$8,595,487$3,440,485$3,440,485
Ending fund balance$10,203,975$4,336,004$8,888,382$6,010,792$6,010,792

Amendments during the year

Amendment 1, hearing May 21, 2024

G-1, I-1 - Resolution 2024-030 - Budget Amendment FY 23-24, p. 2 (May 21, 2024) · Res. 2024-030. Expenditures and transfers +$5,867,971, revenues $0 As printed.

“Budget amendment to match our accounting software and special census. All expenses are covered by reserve funds.” — the notice's explanation of changes
LineAs certified or last amendedThis amendmentAfter
Public safety$1,034,878+$122,031$1,156,909
Public works$756,951+$254,070$1,011,021
Culture & recreation$545,739+$194,914$740,653
General government$520,635+$1,173,356$1,693,991
Debt service$2,787,978+$1,646,987$4,434,965
Capital projects$2,080,000+$1,853,000$3,933,000
Total government activities$7,982,121+$5,244,358$13,226,479
Business type / enterprise$4,029,499+$623,613$4,653,112
Total expenditures$12,011,620+$5,867,971$17,879,591
Total expenditures & transfers out$15,039,354+$5,867,971$20,907,325
Excess revenues over (under) expenditures$5,097,963−$5,867,971−$770,008
Ending fund balance$10,203,975−$5,867,971$4,336,004

Change from FY2023 Derived

This year's budget against the year before's, line by line (both as printed on their own forms).

LineFY2023FY2024Change%
Taxes levied on property$2,951,446$3,261,821+$310,375+10.5%
Net current property taxes$2,951,446$3,261,821+$310,375+10.5%
TIF revenues$1,658,308$1,874,666+$216,358+13.0%
Other city taxes$78,719$79,681+$962+1.2%
Licenses & permits$412,212$414,469+$2,257+0.5%
Use of money & property$45,625$192,769+$147,144+322.5%
Intergovernmental$569,527$1,211,648+$642,121+112.7%
Charges for fees & service$2,839,950$3,036,829+$196,879+6.9%
Miscellaneous$81,200$87,700+$6,500+8.0%
Other financing sources$100,000$6,950,000+$6,850,000+6850.0%
Transfers in$2,361,150$3,027,734+$666,584+28.2%
Total revenues & other sources$11,098,137$20,137,317+$9,039,180+81.4%
Public safety$852,384$1,034,878+$182,494+21.4%
Public works$508,021$756,951+$248,930+49.0%
Culture & recreation$440,653$545,739+$105,086+23.8%
Community & economic development$132,916$255,940+$123,024+92.6%
General government$544,689$520,635−$24,054-4.4%
Debt service$2,170,209$2,787,978+$617,769+28.5%
Capital projects$1,933,000$2,080,000+$147,000+7.6%
Total government activities$6,581,872$7,982,121+$1,400,249+21.3%
Business type / enterprise$2,981,572$4,029,499+$1,047,927+35.1%
Total expenditures$9,563,444$12,011,620+$2,448,176+25.6%
Transfers out$2,361,150$3,027,734+$666,584+28.2%
Total expenditures & transfers out$11,924,594$15,039,354+$3,114,760+26.1%
Excess revenues over (under) expenditures−$826,457$5,097,963+$5,924,420+716.8%
Beginning fund balance$7,409,364$5,106,012−$2,303,352-31.1%
Ending fund balance$6,582,907$10,203,975+$3,621,068+55.0%

Budget vs actual Derived

Actual from the Annual Financial Report, all funds (state form); the difference is actual minus the final budget (or the budget when no final budget is printed).

LineBudgetFinalActualDifference% of budget
Taxes levied on property$3,261,821$3,261,821$3,413,438+$151,617104.6%
Less: uncollected property taxes (levy year)$0$0$0$0
Net current property taxes$3,261,821$3,261,821$3,413,438+$151,617104.6%
Delinquent property taxes$0$0$0$0
TIF revenues$1,874,666$1,874,666$1,877,507+$2,841100.2%
Other city taxes$79,681$79,681$355,146+$275,465445.7%
Licenses & permits$414,469$414,469$531,885+$117,416128.3%
Use of money & property$192,769$192,769$330,322+$137,553171.4%
Intergovernmental$1,211,648$1,211,648$762,942−$448,70663.0%
Charges for fees & service$3,036,829$3,036,829$3,411,034+$374,205112.3%
Special assessments$0$0$0$0
Miscellaneous$87,700$87,700$86,414−$1,28698.5%
Other financing sources$6,950,000$6,950,000$3,793,560−$3,156,44054.6%
Transfers in$3,027,734$3,027,734$2,753,011−$274,72390.9%
Total revenues & other sources$20,137,317$20,137,317$17,315,259−$2,822,05886.0%
Public safety$1,034,878$1,156,909$1,125,827−$31,08297.3%
Public works$756,951$1,011,021$878,716−$132,30586.9%
Health & social services$0$0$0$0
Culture & recreation$545,739$740,653$656,937−$83,71688.7%
Community & economic development$255,940$255,940$150,772−$105,16858.9%
General government$520,635$1,693,991$1,062,395−$631,59662.7%
Debt service$2,787,978$4,434,965$2,638,828−$1,796,13759.5%
Capital projects$2,080,000$3,933,000$1,539,585−$2,393,41539.1%
Total government activities$7,982,121$13,226,479$8,053,060−$5,173,41960.9%
Business type / enterprise$4,029,499$4,653,112$3,938,881−$714,23184.7%
Total expenditures$12,011,620$17,879,591$11,991,941−$5,887,65067.1%
Other financing uses——$0
Transfers out$3,027,734$3,027,734$2,753,011−$274,72390.9%
Total expenditures & transfers out$15,039,354$20,907,325$14,744,952−$6,162,37370.5%
Excess revenues over (under) expenditures$5,097,963−$770,008$2,570,307+$3,340,315-333.8%
Beginning fund balance$5,106,012$5,106,012$3,440,485−$1,665,52767.4%
Ending fund balance$10,203,975$4,336,004$6,010,792+$1,674,788138.6%

The audit's budgetary comparison (cash basis)

WS - C - City of Tiffin 2024 - Auditor's Report - Final, p. 34 (Jan 7, 2025). The auditors' own categories (receipts and disbursements), printed original budget, final budget, actual and variance.

LineOriginalFinalActualVariance
Property tax $$3,261,821$3,261,821$3,416,958$155,137
Tax increment financing$1,874,666$1,874,666$1,877,507$2,841
Other city tax$79,681$79,681$355,146$275,465
Licenses and permits$414,469$414,469$531,886$117,417
Use of money and property$192,769$192,769$308,575$115,806
Intergovernmental$1,211,648$1,211,648$864,996−$346,652
Charges for services$3,036,829$3,036,829$3,308,610$271,781
Special assessments——$11,331$11,331
Miscellaneous$87,700$87,700$111,267$23,567
Total receipts$10,159,583$10,159,583$10,786,276$626,693
Public safety$1,034,878$1,156,909$1,072,037−$84,872
Public works$756,951$1,011,021$876,374−$134,647
Culture and recreation$545,739$740,653$558,838−$181,815
Community and economic development$255,940$255,940$150,774−$105,166
General government$520,635$1,693,991$1,056,038−$637,953
Debt service$2,787,978$4,434,965$3,213,209−$1,221,756
Capital outlay$2,080,000$3,933,000$2,978,831−$954,169
Business type activities -$4,029,499$4,653,112$2,140,776−$2,512,336
Total disbursements$12,011,620$17,879,591$12,046,877−$5,832,714
Excess (deficiency) of receipts and other financing sources over (under) disbursements and other financing uses$5,097,963−$770,008$2,585,797$3,355,805
Excess (deficiency) of receipts over under) disbursements−$1,852,037−$7,720,008−$1,260,601$6,459,407
Debt issuance and other financing sources (uses), net$6,950,000$6,950,000$3,846,398−$3,103,602
Balances beginning of year$5,106,012$5,106,012$8,527,570$3,421,558
Balances end of year $$10,203,975$4,336,004$11,113,367$6,777,363

By fund (budget worksheets)

The accounting system's budget worksheet the City Administrator gave the council, "Fund Summary" page. A draft budget is the worksheet as printed before the council's changes; partial activity was printed before the year ended. Each figure links to its page.

Revenues

FundBudgetActivity
001 General Fund $3,032,477 $3,517,021
110 Road Use Tax $695,082 $792,414
112 Employee Benefit $239,139 $243,929
119 Emergency Fund $0 $188
121 Local Option Sales Tax $0 $344,643
125 TIF $1,874,666 $1,877,507
200 Debt Service $2,637,478 $2,652,221
301 DEVELOPER - ESCROW $25,000 $0
307 Park Road Paving $5,400,000 $72,696
310 Trail Project $0 $0 partial
316 GO Bonds $145,000 $51,708
320 Roundabout Park Rd $0 $0 partial
321 Original Town Urbanization $0 $11,331
326 Town Center Land Purch $0 $0 partial
332 Wtr Quality Sponsored PJT $0 $0 partial
336 Public Works Building $0 $0 partial
337 Kimberlite Extension $0 $327,786
339 Original Town PH3 $1,750,000 $2,319,719
341 RFR Park $0 $0 partial
344 PW - EQUIPMENT $0 $421,584
345 JOINT PUBLIC SAFETY BUILDING $0 $0 partial
346 FIRE EQUIPMENT $0 $640,444
600 Water $1,235,875 $1,507,394
601 Water Sinking $0 $0 partial
608 WATER TREATMENT PLANT $400,000 $0
610 Sewer $1,216,629 $1,328,646
611 Sewer Sinking $510,213 $510,207
618 Sewer Main Upsize Railroad $0 $0 partial
670 Recycling/Garbage $448,100 $480,207
740 Storm Water $100,900 $111,995

Expenses

FundBudgetActivity
001 General Fund $3,952,689 $3,591,589
110 Road Use Tax $939,652 $793,830
112 Employee Benefit $309,994 $303,671
119 Emergency Fund $0 $0 partial
121 Local Option Sales Tax $0 $55,598
125 TIF $1,874,666 $1,725,856
200 Debt Service $2,787,978 $2,638,828
301 DEVELOPER - ESCROW $50,000 $11,498
307 Park Road Paving $1,500,000 $174,941
310 Trail Project $0 $0 partial
317 Village Dr Expansion $0 $0
320 Roundabout Park Rd $0 $39,081
321 Original Town Urbanization $0 $3,000
326 Town Center Land Purch $0 $400
329 Deerview/HWY6 $0 $2,988
330 Tiffin Firetruck $0 $0
332 Wtr Quality Sponsored PJT $0 $0 partial
333 Soccer Field Exp $100,000 $87,434
335 Forevergreen Rd Pjt $178,000 $69,379
336 Public Works Building $250,000 $171,450
337 Kimberlite Extension $400,000 $257,251
339 Original Town PH3 $800,000 $85,207
340 Recreation Center $0 $13,766
341 RFR Park $0 $0 partial
342 Railroad Replacement $30,000 $12,475
343 PERMEABLE PAVERS $0 $0 partial
344 PW - EQUIPMENT $0 $0
345 JOINT PUBLIC SAFETY BUILDING $0 $10,328
346 FIRE EQUIPMENT $0 $0 partial
600 Water $1,091,643 $1,302,789
601 Water Sinking $0 $0 partial
607 Second Well $40,000 $168,015
608 WATER TREATMENT PLANT $400,000 $334,527
610 Sewer $1,177,256 $1,230,166
611 Sewer Sinking $510,213 $510,212
617 Sanitary Sewer Infrastructure Improvement $870,000 $481,584
670 Recycling/Garbage $424,500 $465,391
740 Storm Water $138,000 $66,646

From the City Administrator's budget memos

Sentences quoted as written, sorted by what they mention (positions, levy and tax, capital items, other changes). Nothing here is summarized by the site.

Positions and staffing

  • “Item K-10 – This position within the Water and Wastewater Department is one we talked about and budgeted for within next year’s budget.” — M-8 - CMReport - 6-16-23, p. 1, Jun 16, 2023

Levy and tax assumptions

Capital items

Key changes

The council's budget actions

  • Feb 21, 2023 Hearing set: “Motion to table Resolution No. 2023-016 – A Resolution Setting the Date of March 21, 2023, for a Public Hearing for the FY 2023-2024 Budget by Orris” — meeting · page · Res. 2023-016
  • Mar 21, 2023 Hearing set: “Motion to approve Resolution No. 2023-016 – A Resolution Setting the Date of April 18, 2023, for a Public Hearing for the FY 2023-2024 Budget by Orris” — meeting · page · Res. 2023-016
  • Apr 18, 2023 Budget hearing: “Motion to open Public Hearing on the FY 2023-2024 Proposed Budget by Olney” — meeting · page
  • Apr 18, 2023 Budget adopted: “Motion to approve Resolution No. 2023-024 – A Resolution Approving the City of Tiffin FY 2023-2024 Annual Budget by Orris” — meeting · page · Res. 2023-024
  • May 7, 2024 Amendment hearing set: “Motion to approve Resolution No. 2024-025 – A Resolution Setting the date of May 21, 2024, for a Public Hearing for the FY 2023-2024 Budget Amendment by Orris” — meeting · page · Res. 2024-025
  • May 21, 2024 Amendment hearing: “Motion to open Public Hearing for the FY 2023-2024 Budget Amendment by Olney” — meeting · page
  • May 21, 2024 Budget amended: “Motion to approve Resolution No. 2024-030 – A Resolution Approving the FY 2023-2024 Budget Amendment by Orris” — meeting · page · Res. 2024-030

Data last updated October 16, 2026. Built from the archive's documents; see how the data is built.