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 Ohio local governments and schools have a relatively new option for investing money through the state. Full Story
Image1 The release of the new Apple iPhone 6 Friday attracted large crowds to cell phone stores across the country, including the Verizon store on Lexington-Springmill Road in Ontario. Full Story
 
Image1 Ontario High School has a new and unique way of revving-up spirit on Fridays before home football games. Full Story
Image1 A motorcycle driver is hospitalized in Columbus after colliding with a semi-truck hauling a flatbed trailer south of Bellville. Full Story
  MORE NEWS
 

Motorcyclist Injured In Collision With Flatbed Semi Truck

Ground Broken For Ontario Pointe Expansion

Ontario Dog Park

Girls' Night Out

Home invasion suspect arrested

Free confronting bullying workshop offered for teachers

Democratic Attorney General Candidate Visits Mansfield

More News