The Cleveland Heights Finance Committee meeting on February 6, 2025, focused extensively on the city's financial statements, budget book completion, and capital improvement projects. The committee discussed the progress on the 2023 financial statements and audit, with an emphasis on reconciling departmental budgets to appropriations. A detailed capital expenditure report was presented, highlighting investments across multiple departments including public safety, public works, and community services, with a total capital budget around $13.6 million. The committee deliberated on the need for transparency and justification for any proposed cuts to the capital budget, emphasizing the urgency of addressing long-overdue infrastructure and equipment needs. Discussions also covered the challenges with current financial software, the potential for acquiring new systems, and the importance of accurate year-end fund balances and reconciliations. The committee planned further meetings to review departmental capital requests and to finalize the 2025 appropriations ordinance, ensuring alignment with updated financial data and council input.

Cleveland Heights Finance Committee February 6, 2025