The City of Port Clinton’s finances and state of being have been a hot topic for some time among residents, part-time residents and frequent visitors to the area. The condition of City streets and infrastructure are a concern for residents and visitors. With a decreasing population and just under half of Port Clinton’s population being retired and not contributing to income tax revenue, the City is receiving less and less to keep up with day to day operations.
Being the county seat, it is said that the economy in Port Clinton has a direct effect on the rest of the county. City of Port Clinton Auditor Cole Hatfield and Port Clinton City Council Finance Committee Chair Mike Snider explain how the City gets its revenue, how the budget is created and just how much money the City really has.