Hilliard’s Finance Department pays the City’s bills, issues debt, collects income tax through the Regional Income Tax Agency (RITA) and prepares the operating budget, capital improvements budget, and Comprehensive Annual Financial Report. The finance director is the City’s fiscal officer, oversees the department, and serves as a financial advisor on municipal affairs for Hilliard’s City Council and city manager.
In 2019, the City of Hilliard received a Moody’s Investors Service Aaa bond rating, the highest rating Moody’s provides. Moody’s also reports that it projects a stable outlook for the City’s financial future. As of 2019, only 15 other municipalities in Ohio had a Aaa rating.
Hilliard has a mandatory tax filing. All Hilliard residents age 18 and older must file an income tax return every year by April 15 (or by the following Monday if April 15 is a weekend day), regardless of whether they work within this city. Hilliard residents must pay the City a 2% municipal income tax unless they are taxed by the district in which they work. Residents can file annual income tax forms electronically, or the income tax return forms can be found under “Additional Links” below.
The income tax division of Hilliard’s Finance Department oversees the City’s income tax collection and provides information to residents to ensure they can file income taxes correctly. RITA processes City income tax returns and collects the taxes that are due.
The City of Hilliard believes in transparency in government, including in our finances. You can find a lot of information about where the City receives its funds and how we invest them back into our community at the links below, which include our annual financial reports, capital improvement plans and budgets, operating budgets, and other links.
You can also access a lot of information about Hilliard’s finances at the State of Ohio’s financial transparency website, Ohio Checkbook.
- On Nov. 2, Hilliard residents will be asked to approve an additional 0.5% municipal income tax, paid by individuals who work in the City of Hilliard corporate boundaries (regardless of whether they live here).
- The current income tax is 2.0%. If approved, the tax will become 2.5% and will go into effect Jan. 1, 2022.
- All additional revenue will be dedicated for recreation and parks, including design, construction, and operation of a new community center comparable to those in neighboring communities.
- Social security and pension income are not taxed as earned income, so will not be affected by the proposed change.
- Get complete details about the ballot initiative!