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Finance Department

LICENSE PLATE RENEWAL:
CLARIFY WHERE YOU LIVE.
When you renew your motor vehicle license
plates, please remember to list Walton Hills as your
Municipality of residence. This will ensure that our community gets its fair
share of the annual license tag fees. We use the money to help pay for street repairs.

The Finance Department encompasses many duties and responsibilities for the Village.
The Department is staffed by one full-time employee and two part-time employees who are assisted by the Mayor’s Assistant in preparing minutes of meetings and the Village Secretary who assists in vehicle registration and records management. The Department also prepares
the annual budget for the Village.

All three governmental entities have their specific filing requirements on whether you have
to file a return. The federal government and the State of Ohio base this on several factors
such as income, filing status and age. The local governments such as Walton Hills exclude
persons under 18 years of age and retired individuals. For individuals under 18 years of age, income is not taxable by the Village or by most communities. If local taxes are withheld by an employer while under 18, the local taxes should be refunded by the municipality that received
the local tax. We have several employers within the Village that incorrectly deduct local tax from individuals who are less than 18 years of age. We do not have any way of knowing this unless
a tax return is filed by the individual to the Village. In most cases, we ask the individual to supply the W-2 and proof of age in order to receive the refund. This would only apply to persons working in the Village. If you are under 18 and worked in Macedonia and your W-2 states that taxes were withheld for Macedonia, then you are entitled to a refund from the City of Macedonia. To receive a refund, a tax return should be filed with the City of Macedonia through the Regional Income Tax Agency, not the Village of Walton Hills. The Village does not tax interest income, retirement
income, pensions, social security, dividends and capital gains; therefore, individuals who are
retired and have established themselves as “retired” with the Village do not have to file with the
Village. The Village had required all individuals over 18 years of age to file for tax years 2006 and
2007 in order to get a feel on who is retired and receiving income that is not taxable by the Village.

Beginning with the 2008 tax year, individuals who were coded as retired in the Village’s income tax software system were not required to file unless they begin receiving income that is taxable by the Village. The majority of local communities in Ohio collect their own income taxes. This will
be the fourth year for the Village of Walton Hills in-house tax collections. Prior to establishing its own collections in November 2006, the Village’s role was primarily assisting its outside collector with updated residential and employer information, building permit activity and property owner information.

The expenses of the Village collecting its own taxes, which included the upgrade of a part-time
bookkeeper to full-time status, is basically on par to what the Village was paying an outside collector. The Village’s cost per transaction with its outside collector was one of the highest in
the area. In addition, the Village receives its income tax one month earlier, enhancing cash
flow to utilize within the community. The Village will always have better insight into what’s going on in our community. More tax returns are filed both for individuals and businesses than
before. In just over three years, the Village has collected more than $120,000 in taxes by assuring that businesses who are submitting payroll taxes are filing net-profit returns and vice versa. Several very distant rental property owners have also began filing with the Village who were previously unaware of the filing requirements with the Village. The Village prides itself on
its customer service. The proximity of having the tax office in the Village is an added benefit
where your municipal income tax return can be prepared at no cost by a member of the Finance Department. The Village has specifically tailored its tax returns and forms for its residents
and employers. Forms can also be downloaded from the Village’s website. The website’s
new feature allows a tax preparer to enter income tax information onto an electronic form that
will automatically and accurately calculate one’s return. Once finished, the return can be printed out and sent to the Village.

If you have any questions, please feel free to call our Fiscal Officer, Vic J. Nogalo at (440) 735-5028 or e-mail at nogalov@waltonhillsohio.gov.





 

 

 
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