.

Should Twinsburg's Quarter-Cent Income Tax Increase Be Repealed?

Twinsburg passed a .25-percent income tax increase in 2009, but now City Council members are considering whether to ask voters to repeal it.

Twinsburg City Council members are considering asking the voters to repeal a .25-percent income tax increase first approved in 2009.

You read that right: City council members may decide to lower taxes.

Repealing the tax would require voter approval.

Income tax collections in 2012 were about $23 million, said Twinsburg Finance Director Karen Howse last week. In 2011, collections were nearly $20 million.

Councilman Seth Rodin, now the council president, told the Twinsburg Bulletin that the decision whether to repeal the tax will be a top issue for city council in 2013.

Like Rodin, other council members are in favor of the idea of repealing the tax increase, but others want to tread carefully to make sure they don't make a decision that causes future financial problems for the city.

The tax was initially approved to help bolster city revenues after the Chrysler plant shut down, dealing a big hit to the city finances. But council members have talked about repealing that tax once the city stabilized its books.

What do you think? Would you like to see the .25-percent income tax increase repealed?

Nassman January 18, 2013 at 04:32 PM
Chris, you should also mention that Finance Director Karen Howse also reported that $2.3 Million of that $20 Million collected was in error and will have to given back to those who over estimated their income tax obligation. This is very important in this discussion. As a resident of Twinsburg I prefer to keep the .25% tax intact. I think that it will be beneficial in getting the our streets and other projects back up to where they should be after the decline in these projects during this prolonged down turn in the economy. I do not want to see my city become less than its full potential, We are fortunate not to have the financial woes that some of our neighbors do!
Dale Tschudy January 18, 2013 at 05:18 PM
When the 25% tax was vote on, told use that it was temp. So let go and do the right thing, and let the city vote. (you might be surprised.
Matt Cellura January 18, 2013 at 05:51 PM
The number was 23 million, not 20 million. The city has normally collected @17-18 million, so the tax is no longer necessary as the RITA numbers show we would be somewhere between 18-20 million without it in 2014.
Chris Mazzolini (Editor) January 18, 2013 at 06:48 PM
What Matt said. The city collected about $23 million in 2012 (with roughly $2.3 million being refunded, like Nassman said) and about $20 million in 2011.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something