Department of Finance
John Sherburne, Director
One Government Center, Suite #2050
Toledo, Ohio 43604
Phone: 419-245-1648
Fax: 419-245-1863
The mission of the Department of Finance is to safeguard the assets of the City of Toledo by providing effective stewardship of public funds, timely financial reporting, and commitment to excellence in public service.
We strive to serve all customers with excellence and “Finance Pride.”
THE DEPARTMENT OF FINANCE HAS RECEIVED THE CERTIFICATE OF ACHIEVEMENT FOR EXCELLENCE IN FINANCIAL REPORTING FOR 24 OF THE LAST 25 YEARS. Click here to view certificate
2008 Goals and Objectives:
1. Complete research for and select provider of an ERP (Enterprise Resource Planning [financial management]) system for Department of Finance; begin initial implementation. (responsibility: Finance Administration)
2. Coordinate development of a “one stop shop” for the processing of CS-1’s (Civil Service form #1) and PAF-2’s (Personnel Action Form #2) to facilitate personnel management issues. (responsibility: Management Services/Budget Office)
3. Update the City of Toledo’s Municipal Income Tax Code and Regulations to incorporate changes in accordance with Ohio Revised Code. (responsibility: Taxation Division)
4. Enhance tax revenues by increasing billing by 25% to collect delinquent taxes using IRS information. (responsibility: Taxation Division)
5. Complete transition from current telefile system to electronic payment (e-pay) of City of Toledo income tax through a web-based application. (responsibility: Taxation Division)
6. Review all outstanding municipal debt for qualification for refunding in anticipation of significant cost reductions in future debt service costs. (responsibility: Debt Management Office)
7. Development and implementation of improved electronic reporting to provide more immediate information to the operating divisions. (responsibility: Accounts Division)
8. Finalize and implement electronic/on-line contract bidding for vendors. (responsibility: Purchasing & Supplies Division)