Financials
The Summit County Land Bank may receive funds in the same manner as any other nonprofit corporation. Primarily, however, the Summit County Land Bank is funded through the sale and lease of property, followed by its share of the collection of delinquent taxes and assessments by the Summit County Fiscal Officer.
How the Land Bank Is Funded
Typical Funding Breakdown
2024 Budget
Click below to view our most recently updated 2021 operating budget.
Ohio Auditor of State Audits & Awards
Annual Financial Statements
Pursuant to Ohio Revised Code Section 1724.05, the Summit County Land Bank must certify, and file, annual financial statements with the Ohio Auditor of State. Click below to learn more, and to view prior statements. The statements below are UNAUDITED financial statements, meaning they have not yet been audited by the Ohio Auditor of State, but they do represent the most recently filed annual financial statements of the organization.
To protect against fraud, waste, and abuse, and to ensure maximum accountability and transparency, the Summit County Land Bank voluntarily contracts with the Summit County Internal Audit Department for periodic audits of its programs and operations. Click below to review previous audit reports.
Internal Audit Reports
Need help?
If you have questions or need help, our finance team is ready to assist you!
Patrick J. Horning, CPA
Director of Budget & Finance
(330) 449-0599
phorning@summitlandbank.org