Norwood City Council Finance, Budget, Audit & Claims Committee Committee Meeting
The committee discussed progress on the state audit, specifically regarding bank reconciliation, policy corrections, and efforts to exit fiscal emergency. Key business included the approval of a renewal levy ordinance, a resolution to request a tax advance from Hamilton County to support TIF payments, and an analysis of departmental budget expenditure pacing. Furthermore, the committee reviewed updates to capital asset policies involving industrial appraisal software and received a financial report from Norwood Community Television.