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Olmsted Falls hires $200-an-hour consultant to clean up city's bookkeeping issues


Olmsted Falls hires $200-an-hour consultant to clean up city’s bookkeeping issues
© John Benson/cleveland.com/cleveland.com/TNS
Olmsted Falls City Hall.
OLMSTED FALLS, Ohio Late last year former Olmsted Township Finance Director Nick Vitalone brought up the city’s messy debt service funds, which for more than a decade have caused one headache after another related to empty balances and unneeded accounts.
Olmsted Falls City Council earlier this month approved the hiring of the Gateway Group’s Rick Merolla to review city finance procedures related to debt reconciliation.
“This issue has been going on for over 10 years, if not longer,” Olmsted Falls Mayor James Graven said. “It’s important to have an objective expert with over 30 years of experience review the debt service funds. ....

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