# City of Twinsburg Finance Committee - October 27, 2026


**Body:** CityofTwinsburg
**Date:** October 26, 2026
**Jurisdiction:** SLED

The City of Twinsburg Finance Committee met on October 27, 2026. The committee discussed the federal One Big Beautiful Bill Act’s overtime-income tax deduction and the city’s employer reporting obligations for 2026 W-2s. Finance staff explained that current payroll software cannot isolate qualifying overtime under Fair Labor Standards Act rules, particularly for police and fire schedules, so calculations must be done manually by employee and pay period. The committee discussed the administrative workload and unresolved IRS guidance; no related spending or procurement decision was made. The committee also approved the September 22 meeting minutes as submitted.

The committee reviewed the upcoming budget-hearing timeline and discussed scheduling hearings for November 10, November 24, and December 8 at 6:00 p.m., subject to confirmation. No budget allocations, contract awards, purchasing decisions, bids, or other procurement activity were identified.

**Source:** CityofTwinsburg