The DCRA comes out in support for the tax increase
It is important that we keep City services despite cuts from Columbus.
On Wednesday, September 14, 2016, Mayor Frank G. Jackson briefed City of Cleveland managerial employees on the upcoming November 8 ballot measure to increase the city’s income tax from 2.0% to 2.5%.
Mayor Jackson’s slide presentation from that meeting is available to view and download below.
Highlights from the presentation:
- .5% income tax increase would generate an estimated additional $83.5 million for the City’s General Fund.
- First hike in the city’s income tax rate since 1981.
- City of Cleveland has experienced a permanent annual loss of $30 million in local government fund (LGF), commercial activities tax, tangible personal property tax, and estate tax. Since 2010, the accumulated annual loss from State of Ohio Revenue is $146.5 million.
- Over half of the municipal budget is devoted to Public Safety (58%) and Public Works (12%).
- Successful passage of income tax increase means a structurally balanced budget and enhanced services.
- Failure to pass income tax would mean hundreds of city employee layoffs and elimination of services.