| Accuracy of Budget- Maintain financial strength and operational efficiency |
Strategic Priorities |
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13.2 Create a balanced budget that reflects our priorities
- Maintain financial strength and operational efficiency
About this measure |
This item measures the accuracy of Cuyahoga County’s adopted budget when compared to actual revenue and expenditures. Percentages reported by the Cuyahoga County Office of Budget and Management show how close the County’s approved budget was to actuals annually.
Why is this important? |
The budget is Cuyahoga County’s planned spend for the next two-year cycle. It’s County policy to adopt a balanced budget. In recent years, to balance the budget, the County has been making cuts to adopt a budget that is balanced. An inaccurate budget can mean a service may have been cut unnecessarily.
How are we making an impact? | |
The COVID-19 pandemic had an impact on both County revenues and expenditures. To combat expected decreases in 2020 revenue collections departments were asked to reduce their 2020 budget, a hiring freeze was enacted, and employees were required to take 80-hour furloughs. CARES Act dollars and additional relief from the State of Ohio provided funding for essential services and COVID-19 related costs, as well as support to local businesses, area nonprofits, and the community. As a result, expenditures for the year were well below 2020 budgeted amounts.
Performance Target |
Accuracy of Expenditures Compared to Budget (Annual): 0%
Accuracy of Revenues Compared to Budget (Annual): 0%
Actual Revenue Compared to Budget - Historical Performance |
Data Source |
Measure Data | Last Calculated an hour ago |
| Period | | Status | Actual Revenue Compared to Budget | Actual Revenue Compared to Budget - Target | Actual Expenses Compared to Budget | Actual Expenses Compared to Budget - Target |
|---|---|---|---|---|---|---|
| 2015 | | Not Defined | ||||
| 2016 | | Not Defined | ||||
| 2017 |  | Making Progress Toward Target | 0.90% | 0% | 4.00% | 0% |
| 2018 | | Target Not Reached | 1.90% | 0% | 8.80% | 0% |
| 2019 | | Target Not Reached | 0.04% | 0% | -7.50% | 0% |
| 2020 | | Target Not Reached | -9.20% | 0% | -33.00% | 0% |
| 2021 | | Not Defined |