Finance

FINANCE

 

The Department of Finance administers all of the City’s fiscal operations. The operations include: income tax administration, accounts payable, accounts receivable, budgeting, payroll, investing and financial reporting.  Copies of the Annual Budget and Financial Statements are available upon request at the City Building located at 5200 Springfield Street, Suite 100.

INCOME TAX

The City of Riverside has a 1.50% income tax, but allows residents up to a 0.75% credit for tax paid to a work city.  Effective Jan 1, 2022, the income tax rate increases to 2.50% and the credit limit also increases to a maximum of 2.50%.  All residents must file an annual city tax return by the same due date as Federal and State returns.  Tax returns and payments should be sent to the Central Collection Agency (CCA).   More tax information can be found below.

You may contact the Finance Department at:
937-233-1801, option 3
finance@riversideoh.gov

 

Income Tax Filing Deadline

The Internal Revenue Service and the State of Ohio have extended the deadline for filing individual tax returns from April 15 to May 17.  City tax returns are due at the same time as the State return.  Therefore, the City tax filing due date is also now May 17, 2021.

Please note a couple of items:

  • This deadline extension only relates to Individual returns.  Net Profit (business) returns keep the same April 15th deadline.
  • This announcement does not change the deadline for first quarter estimated tax payments for tax year 2021.  This deadline continues to be April 15, 2021.

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