Finance

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Emphasizing Accountability & Responsibility

Washington Township, like other townships in Ohio, offers a highly accountable form of government, particularly when it comes to its fiscal management. Some key aspects of accountability include:

Elected Fiscal Officer - The Finance Department operates under the direction of a part-time fiscal officer who is elected by residents to a four-year term. Day-to-day operations are overseen by a full-time finance director.

Voter Approval – Most township funding is derived from property tax, with the large majority of property tax mills voted on by taxpayers. Local voters have directly approved about 80% of Washington Township’s property tax revenue – 12.95 out of 16 gross mills. The other 3.05 mills are allocated by the state. The township does not have an income tax.

  • Washington Township millage. Check here.
  • How property tax works. Check here.
  • Triennial update of property tax values by the Montgomery County Auditor. Check here.

Commitment to Fiscal Responsibility

Washington Township carries on the tradition of accountability set forth in Ohio law and adds its own standards of accountability.

Accountability – The State Auditor’s Office has issued unqualified opinions to Washington Township for many years, meaning that no material problems have been found in the township’s financial statements.

Audits are required every two years, however to maintain the highest accountability to taxpayers our fiscal officer requests they be completed annually.

Financial Forecasting – Washington Township forecasts and budgets five years in advance. The resulting Financial Plan maintains a positive balance overall and a 25% balance in all major funds, excluding Recreation, for the next five years.

Controlling Costs – Fiscal restraint is practiced by budgeting conservatively, maintaining a lean organization, and pursuing cost efficiencies. The township also seeks grants which can help ease the tax burden for residents and improve services more quickly than otherwise would be possible. 

 

 

Calendar of Events



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What's Happening Soon?

  • Washington Township Trustee Meeting

    November 6, 2017 - Read More

  • Washington Township Trustee Meeting

    November 20, 2017 - Read More

  • Washington Township Trustee Meeting

    December 4, 2017 - Read More

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