Politics & Government
Repeal of Quarter-Cent Income Tax Heads to November Ballot
Voters will decide on the future of the quarter-cent income tax increase approved in 2009.
Twinsburg City Council voted unanimously Tuesday night to send the long-awaited quarter-percent income tax repeal to the Nov. 5 ballot.
None of the members of council spoke on the issue during the meeting, but the move by city council keeps a promise that city officials made back in 2009 to repeal the income tax within four years, once the city weathered the "economic storm."
Income tax collections in 2012 were about $23 million, said Twinsburg Finance Director Karen Howse last week. In 2011, collections were nearly $20 million.
The tax was initially approved to help bolster city revenues after the Chrysler plant shut down, dealing a big hit to the city finances.
Read more:
City Council Members: Quarter-Cent Income Tax Repeal in the Works
Legislation to be Introduced to Repeal Quarter-Percent Income Tax
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