Financial Reporting
Financial Rating
For the seventh consecutive year since first seeking a rating from S&P in 2017, the City earned the organization’s highest AAA rating. Moody’s assigned an Aaa rating, which Dublin has held since 2004, and Fitch assigned an AAA rating, which Dublin has held since 2000. KBRA assigned an inaugural long-term rating of AAA in 2024. That rating makes Dublin the first and only city in the United States to earn four AAA ratings.
“The AAA long-term rating for the City of Dublin reflects the City’s diverse and growing tax base, characterized by strong wealth and employment levels, conservative City budgeting and financial management practices, with ample liquidity and manageable long-term liabilities,” said KRBA in a statement.
The agencies recognized the City’s affluent and growing tax base, conservative budgeting, strong and proactive management team and robust operating fund balance as proof of Dublin’s financial stability.
Bond ratings are an essential component used to determine an entity’s creditworthiness. They provide a widely accepted measure for investors to evaluate an issuer. These high ratings will ascertain that the City pays the lowest borrowing costs possible when issuing debt.
City of Dublin Honored for Excellence in Financial Stewardship
In recognition of outstanding financial stewardship, the City of Dublin has received the highest credit rating from S&P Global Ratings, Fitch Ratings and Moody’s Investor Service.
- S&P Global Ratings assigned its AAA long-term rating, recognizing Dublin’s status as a desirable suburb with a dynamic, growing local economy.
- Fitch Ratings assigned us a AAA and commented they expect continued solid revenue performance from the City.
- Moody’s Investor Service gave Dublin a Aaa stable rating, commending our “solid fund balance and robust liquidity across all funds.”
“This is a tremendous tribute to the City’s Finance team. As committed stewards of Dublin’s assets and resources, it is our honor to be recognized globally among our peers for exemplary fiscal health, accountability and transparency,” says Director of Finance Matthew Stiffler.
Additionally, the City was honored with a 2024 90+ cashVestÒ Award by three+one®, recognizing public entities that excel in maximizing the value of all taxpayer cash through data-informed decisions. This award is provided by the National Association of Counties (NACo) in conjunction with three+one, a specialized national financial-technology company that analyzes public sector cash-management practices.
By maintaining a cashVest score of 90 or above for four consecutive quarters, the City has demonstrated its commitment to effective cash management, improving financial stability and ensuring responsible stewardship of public resources.
Annual Comprehensive Financial Report
The Annual Comprehensive Financial Report for year ended December 31, 2023, includes financial statements and other financial and statistical data which conforms to generally accepted accounting principles in the United States of America (GAAP) and in conformance with standards of financial reporting as established by the Government Finance Officers Association of the United States and Canada (GFOA).
The report consists of three sections: the Introductory Section, the Financial Section, and the Statistical Section.
Introductory Section
This section provides an overview and summary of the City’s finances, economic prospects and achievements. Also included is the City’s organization chart, a list of principal officials, and the Certificate of Achievement, if awarded, for the prior year’s report.
Financial Section
This section includes the Independent Auditors’ Report, Management’s Discussion and Analysis (MD&A), Basic Financial Statements, Required Supplementary Information (RSI), and various other combining and individual fund financial statements and schedules.
Statistical Section
This section includes tables of unaudited data depicting financial, economic and demographic history for the City over the last ten years, where available. It has been prepared in accordance with the requirements of GASB Statement No. 44, Economic Condition reporting: The Statistical Section.
Download the Report:
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010
Popular Financial Report
The City of Dublin’s Finance Department is pleased to present the City’s Popular Annual Financial Report for fiscal year ended December 31, 2023. This report provides transparency about where City revenues come from and how they are being spent. Additionally, we have highlighted some of the economic development activity and capital improvements that occurred during 2023.
The financial information for this report originates from the City of Dublin Annual Comprehensive Financial Report. The Annual Comprehensive Financial Report consists of 303 pages of detailed financial statements, notes and schedules as well as detailed statistical information. The report was prepared in accordance with Generally Accepted Accounting Principles (GAAP) and audited by the Auditor of the State of Ohio. The City received an unmodified opinion on the audit, which means that no significant deficiencies were identified.
The City of Dublin’s PAFR is unaudited and presented on a GAAP basis unless otherwise noted. The purpose of the Popular Financial Report is to provide summarized financial data as a means of increasing awareness and knowledge of the operations of the City. We believe our citizens deserve transparency when it comes to their tax dollars. This report is designed to help you gain a better understanding of the City’s resources and how we put your tax dollars to use.
View the Popular Annual Financial Report: 2023 |2022 | 2021 | 2020 | 2019 | 2018 | 2017
Resident’s Guide to Understanding Local Taxes
There are many reasons to make Dublin, Ohio your home. According to the City’s community survey, the top three reasons residents choose to live in Dublin are quality of life of life, services and schools. These attributes are made possible through funding provided by both income and property taxes.
As a Dublin resident, you may have questions about the sources of the City’s revenue and how your tax dollars are spent. We hope this brochure will provide you with a better understanding of your taxes.
Financial Transparency
Public Records Request Overview
In order to support faster response and better tracking of requests, the City of Dublin uses JustFOIA to collect, respond to and manage public information requests.
Why JustFOIA?
JustFOIA is a Freedom of Information Act (FOIA) online application that helps streamline the open records request process for the community and improve efficiencies in getting requested information quickly and accurately.
The application lets community members submit requests for all city records, including police reports. Commonly requested information includes accident reports, copies of resolutions and body-camera video.
Mission
We are and always have been a proud local democracy. In our service, we strive to provide the best quality of life and environment in which our residents and businesses can thrive. We seek to ally our proud traditions with the best innovations of the future.
Vision
Dublin, Ohio, is the most sustainable, connected and resilient global city of choice.
Core Values
Integrity, Respect, Communication, Teamwork, Accountability, Positive Attitude & Dedication to Service.
The City of Dublin operates under a set of seven key core values: integrity, respect, communication, teamwork, accountability, positive attitude and dedication to service. Staff members use these seven values as the basis for daily decision-making, including the decisions that go into the budget process.
- Integrity. We are open and honest. We honor our commitments to the community and each other. Our actions are consistent with what we say.
- Respect. We treat our coworkers and members of the community with courtesy and dignity. We embrace diversity and acknowledge the needs, responsibilities and inherent worth of each individual.
- Communication. We maintain an environment in which employees feel free to share ideas and information. We promote open interaction throughout the organization to ensure knowledge and understanding among all employees and our community.
- Teamwork. We create a climate in which all employees work together and support the individual talents and contributions of team members. We celebrate successes and see mistakes as opportunities for growth; we will never willingly let a member of our team fail.
- Accountability. We are responsible to our community and each other for our personal and organizational decisions, actions and performance results. We are committed stewards of our City’s assets and resources.
- Positive Attitude. We focus our efforts on constructive behavior, attitudes and solutions. We promote an environment that people love going to every day – a place where each individual can find a sense of belonging, inspiration, enjoyment and meaning.
- Dedication to Service. We pursue innovation and continuous improvement in all we do. We are committed to efficient, effective and responsive service delivery that makes a difference in the lives of those we serve.
Leadership Philosophy
We are members of an organization that succeeds because of teamwork, dedication, diversity and the innovative spirit of all of our members. Together, we build a culture of trust, service, mutual respect, inclusion and open communication. We hold ourselves mutually accountable to promote and sustain continuous learning and to develop the learning potential that exists in every member of our team.
City Code
The complete Dublin City Code is available online at American Legal City Ordinance website. Information staff at the Dublin branch of the Columbus Metropolitan Library are available to help navigate this website.
Revised Charter of Dublin, Ohio
This Revised Charter, as adopted on March 19, 1996, became effective on July 4, 1996.
Zoning Code
The Zoning Code for Dublin is Chapter 153 of the Dublin Code of Ordinances. The Zoning Code sets land development requirements and establishes different uses within individual districts. Zoning regulations address the physical development of a site, such as building height, lot requirements, setbacks from lot lines, minimum numbers of parking spaces, sign types and sizes, and other related regulations.
City Hall
5555 Perimeter Dr.
Dublin, Ohio 43017
Phone:
614.410.4400
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Dublin, Ohio, USA
5555 Perimeter Drive
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