FINANCE DEPARTMENT Larry Heiser, Finance Director
larry.heiser@beachwoodohio.com
216.292.1913
General Fund In 2023, the General Fund revenue increased by just under 9% and expenditures increased by 3.6%. The City of Beachwood transferred $11.4 million to the Capital Projects fund for major infrastructure projects. Purchasing A new purchasing webpage was created to help support local, minority and women- owned businesses by encouraging them to become a registered vendor with the city for future purchasing consideration. A Minority & Women-Owned Business Open House was held on November 15. Beachwood’s department directors attended and an invitation was extended to surrounding city government officials.
2023 CASH FLOW OPERATIONS
Total Revenue
$
50,662,508
Council
$ $ $ $ $
362,041 705,967 386,627
Mayor's Office
Economic Development Department
Finance Department
3,187,953
Human Resources Department
168,148 747,386
Law Department Police Department Fire Department
$
$ $ $ $ $ $ $
11,691,917 9,172,171 10,270,168 1,585,943 1,294,797 1,336,174 11,700,000
Public Works Department
Community Services Department
Recreation Department Building Department
Transfers Out to Debt Service/Capital Projects
Total General Fund Expenses
$
52,609,291
Cash Basis Decrease in General Fund Balance
$
(1,946,783)
Sanitary Sewer Projects Capital investment in sanitary sewer/storm water projects was $3.8 million in 2023. Also, the Timberlane/Green sanitary sewer project started in late December at a price tag of $4.6 million, to be completed in 2024.
Monthly revenue and expense statements are made available at BeachwoodOhio.com.
State of the City
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