Mayfield Heights Approves 2014 Tax Budget

In preparation of the new fiscal year, Mayfield Heights, like other municipalities in the state had to tell the county how levied tax dollars would be spent.

At its most recent meeting, city council approved the 2014 tax budget that will be adopted and forwarded to the Cuyahoga County Budget Commission.

"Every year, we have to show how we will allocate the (10 mill) tax levy that has been approved by voters or is in the city charter," finance director Bob Tribby said.

The city has about $556 million in property valuation, producing $5.561 million to allocate. More than half goes to the city's general fund.

View the Google Fusion table above for a breakdown of the tax allocations for the new fiscal year.

Council also approved nearly $2.9 million in transfers from the general fund to seven other funds. The largest transfers were $1.225 million to the street construction fund and $700,000 to the road improvement fund.