Finance Department

Featured Links

Pay Your Water Bill

Online bill pay portal; information on utility bill assistance and other programs.

Municipal Income Tax

Information on filing municipal income tax forms, quarterly estimates, and more.

Purchasing

City Contracts, Vendor Registration, Contractor Section 3 Screening Form

Vital Statistics

Information on obtaining birth and death certificates.

What We Do

The mission of the Department of Finance is to maintain and strengthen the fiscal integrity of the City of Lakewood, and to provide exceptional, yet efficient, customer service. To do this, the City has been delivering structurally balanced budgets. This enables the city to continue to focus on economic development, a safe and secure city, sound governance and vibrant neighborhoods.

The City of Lakewood has been recognized by the State Auditor’s Office for X years in a row for (More Info Here).

The Finance Department is responsible for administering the fiscal affairs of the City of Lakewood by performing the following administrative functions:

  • Financial Reporting
  • Financial and Legal Compliance
  • General Accounting
  • Accounts Payable
  • Revenue and Accounts Receivable
  • Payroll
  • Purchasing
  • Request for Proposals, Bids and Contracting
  • Cash Management
  • Investments
  • Debt Management
  • Inventories and Fixed Asset Management
  • Risk Management
  • Grant Writing
  • Municipal Income Tax Collections
  • Vital Statistics
  • Utility Billing

Connect

Finance Department

Lakewood City Hall
12650 Detroit Ave.
Lakewood, OH 44107

Phone Number:

(216) 529-6090

Email Address:

finance@lakewoodoh.gov

Hours:

Monday through Friday
8:00 AM – 4:30 PM

Annual Comprehensive Financial Reports

The Annual Comprehensive Financial Report is a prepared annually by the Finance Department. The report is a summary of the City’s financial transactions.

An annual audit of the City’s finances is performed either by the State of Ohio Auditor’s Office, or by an approved certified public accountant, to verify that public funds are spent appropriately and lawfully.  The final report is delivered by June 30th following the close of the year.

The City has been the recipient of multiple awards for the accuracy of its financial reporting. The prestigious, Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting, award has been presented to the City for over 35 consecutive years.

Also, the City has consistently been the recipient of the Ohio Auditor of State Award with Distinction. This award is presented for excellence in financial reporting for the Annual Comprehensive Financial Report and a “clean” audit report.