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Revenue/Expense Trends Print E-mail

When viewing the graphs of the City’s financial data, certain transactions result in large fluctuations of revenues and /or expenses.  These include the following: 

  • The City issued $4mill in notes to purchase the Long Farm in 2011 which was then sold in 2012 to develop Byers Road.
  • In 2012 bonds were issued for $2.3mill for a purchase/leaseback of land that allowed Kettering Medical Center to relocate several hundred employees to the City.
  • In 2011 & 2012 roadway, storm sewer and waterline improvements were made to Central Avenue. State and Local funds combined were approximately $3.8mill.
  • In 2012 & 2013 roadway improvements were made to Linden Avenue. State and Local funds combined were approximately $1.7mill.
  • Energy improvements of approximately $2mill were completed by Honeywell during 2012.
  • During 2014 you will notice a large increase in debt related expenses due to the City refunding water and sewer bonds.  This refunding led to a total reduction in debt service payments of approximately $1.5million over the next 11 years.
  • During 2015 the City began water and sewer projects that will total approximately $70mill over the next five years.
 

 


Miamisburg Civic Center 10 North First Street, Miamisburg OH 45342 | phone: 937.866.3303 | fax: 937. 866. 0891
email: manager@cityofmiamisburg.org
 
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