WMFD TV

Search Archive WMFD.com News

www.wmfd.com - Nearly four years of being in fiscal emergency, and living under state oversight, are over for the city of Mansfield. }}" />

   
 
 
Mansfield Released From Fiscal Emergency

Story By: Greg Heindel

 

 

 
 
 
  Email Story to Friend
   
  Original Published: 7/7/2014

Nearly four years of being in fiscal emergency, and living under state oversight, are over for the city of Mansfield. The Financial Planning and Supervision Commission met Monday morning before city council to say Mansfield has met every condition for managing its money and getting out of debt, and is now released from fiscal emergency. Ohio Auditor of State Dave Yost says this is great day for Mansfield, and Mayor Tim Theaker says the city administration, city council, and employees deserve to share the credit. Yost gave Mansfield a Certificate in Recognition of Fiscal Integrity, with a warning the balances shrink in its five-year forecast, and the city must avoid deficits. The commission commends Mansfield for passing a quarter-percent income tax, which it says should help the city maintain its financial health for coming years.

   
  MORE RECENT NEWS
 
Image1 The ninth annual Make a Difference food drive is underway. Full Story
Image1 The Richland County Clerk of Court auto title office will close Wednesday, Oct. 29, at 2:30 p.m. It will be closed all day Thursday, Oct. 30. The office will reopen Friday, Oct. 31 at 8 a.m. Full Story
 
Image1 An explosion rocks Major Metals Company outside of Bellville Thursday afternoon. Full Story
Image1 Standing room only at Lexington School's Board of Education meeting Wednesday night. Full Story
  MORE NEWS
 

Lex Teachers Make a Statement at Board Meeting

Richland Newhope Honors Local Businesses And Employees

Congressman Jordan Watches Ebola Patient Care Preparations

Newhope superintendent named interim Crawford DD leader

Family Life Counseling Opens Office In Shelby

Benefit will be held for woman in need of lung transplant

More News