Finance & Income Tax

The Department of Finance’s responsibilities encompass all of the treasury functions for the City of Shelby.

Finance Office

The Department of Finance’s responsibilities encompass all of the treasury functions for the City of Shelby. All receipts from all sources are recorded and deposited by the Department of Finance. All warrants received by the City of Shelby are paid through this department.

The Director of Finance invests all City of Shelby funds available and borrows where necessary for city projects. The Finance Department keeps and supervises all city accounts. It assesses and collects all assessments owed to the city. Adequate records are maintained affecting acquisition, custodianship and disposition of values, including cash receipts and disbursements and the recorded facts are periodically reported to officials and to the public in summary and in necessary detail.

The Director of Finance and Public Record is the chief accounting officer of the City of Shelby, the ex-officio treasurer and the clerk of council.

The Finance Department also serves as the City of Shelby’s personnel department, handling files and insurances. The Income Tax Department also falls under the Finance Department’s responsibilities.

Income Tax

Income Tax Rates

Effective January 1, 2015, the City of Shelby tax on earned income is 1.50%. For residents who live in Shelby and work in other municipalities or villages with an income tax, effective January 1, 2019, a credit is applied up to the first .75% of earned income. The other.75% of earned income, of which .30% was levied and passed to pay for the Shelby Justice Center and .20% was levied and passed to pay for paving of streets, alleys and sidewalks and .25% to the general fund, is paid by all residents with earned income.

Changes to Income Tax for 2016
To comply with House Bill 5, the City of Shelby passed Ordinance 50 – 2015.  This will change the way that income tax is collected by the City of Shelby Income Tax Department. Read Income Tax Rules and Regulations for the new collection method.

Supporting Documents

Required Documentation: You must include copies of all W-2 form(s), the first two pages of your IRS Form 1040, including Federal Schedule 1, and any 1099-NEC, 1099-MISC, K-1 forms, Federal Schedules C, E and F filed with your federal tax return. If you are claiming a credit for taxes you paid directly to another municipality (not through employer withholding), you must include a copy of that municipality’s completed tax form as proof of payment of tax. The City of Shelby may request additional information in order to verify your municipal income tax return. NOTE: Failure to include the proper verification of the amounts stated on the return or to provide relevant documentation upon request may affect amounts of taxable income and/or allowable credit.

Who Must File?
Shelby has a mandatory filing ordinance. Everyone, 18 years of age and over, is required to file a tax return, regardless of whether they have a taxable income. If the person is retired and has no income other than retirement (no rentals, part time jobs, etc.), they need to mark the box on the back of the tax form and record the date they retired, sign and date the form.

Interest Rates
Per AM. Sub. HB 5 passed on December 19, 2014 by the Ohio General Assembly, and in accordance with Ohio Revised Code Section 718, we will be publishing our interest rates here.

Interest rates are based on the Federal Short Term Rate published in July, rounded to the nearest whole number plus 5%.

Interest Rate for 2021 is 5%(.42% per month)

Interest Rate for 2020 is 7% (0.58% per month)

Interest Rate for 2019 is 7% (0.58% per month)

Interest Rate for 2018 is 6% (0.50% per month)

Interest Rate for 2017 is 6% (0.50% per month)

Interest Rate for 2016 is 5% (0.42% per month)

Going Green
The City of Shelby is going green by discontinuing the mailing of income tax forms. Forms can be downloaded and printed from the links below.

Due Date

Tax Returns are due by Thursday, April 15, 2021.  If a federal extension is filed, please be aware that the extension is only time to file, not to pay.  A payment must be submitted to avoid any late fees and/or interest.  If delinquent, a late filing penalty of $25.00/month will be assessed and/or interest charges.  A 5% (.42% per month) per annum interest rate will be applied to all outstanding tax amounts owed.

Extension

In order for the City of Shelby to grant an extension, a copy of Federal Extension request must be received by April 15th.

Where to File

Mail completed return and payment with all W-2s, 1099, miscellaneous forms and federal schedules applicable to :

Shelby City Income Tax
43 W. Main St.
Shelby, OH 44875
Tel: 419-342-5885
Fax: 419-347-1193

Announcements/News from the Finance Office

CONTACT

Brian CrumDirector of Finance and Public Record
Amber CutlipDeputy Director of Finance and Public Record
Sarah Schrote, Income Tax Clerk
Lisa Jordan, Income Tax Clerk

Shelby City Income Tax
43 W. Main St.
Shelby, OH 44875
419-342-5885