Lake County commissioners send levy to ballot - The News-Herald News : Breaking news coverage for Northern Ohio This is actually a few weeks old, but we need to bring the story back up to prepare for war.
Posted using ShareThis
We told a few weeks ago that the Lake County Commissioners would love to raise taxes, especially the sales taxes. However, Commissioner Dan Troy is up for re-election so you can bet he will wait until after November to try and raise the sales tax.
The tax-hike discussed in linked article and video is a 3.4 mill replacement levy for the Lake County Board of Developmental Disabilities. The levy would confiscate and additional $58.20 per $100, 000 of real property value.
As usual, Kathy Sak does a great job by posting public documents; for instance, she posted the salaries of all the Developmental Disabilities Board employees.
We are planning an all out assault on the levy: read-up, watch the video, and get ready to rumble!!!
Note to Commissioners: Our work on this blog was instrumental in defeating the proposed legislation to raise taxes in Willoughby Hills, so you better rest assured that we will go after this one harder!
Showing posts with label Sales Tax. Show all posts
Showing posts with label Sales Tax. Show all posts
Monday, March 8, 2010
Sunday, January 17, 2010
UPDATE: Lake County's Pending Economic Disaster: Expect tax increases
UPDATE (1/20/10 7:51 PM): This morning "Wake up, Lake County!" co-host Mike Guttierez had Lake County Commissioner Ray Sines call-in to the show. Click to go to the audio and video. Commissioner Sines swore up and down that he or the other Commissioners WILL NOT raise taxes this year, no matter what people are telling you!
That's right...your mighty Lake County Blog got another elected official to respond to it (the blog) in the Media. Glad to see you read Commissioner Sines! Stick to your word...better yet...ask Dan Troy to stick to your word.
EARLIER IN THE WEEK WE TOLD YOU WHAT FOLLOWS:
The once raging rivers of (tax) revenue into Lake County have been dammed up. The obstruction in the way of the flow of revenue into the County coffers is decades long policies of taxation and economic warfare on business.
Audtior Ed Zupancic gave a speech to the Lake County Development Council recently. This speech detailed the five sources of revenue that used to fill the county coffers. Here they are:
1) The County sales tax (6.5% = 5.5% to the State + 0.5% to County + 0.5% to Laketran). The County received $14, 524, 183 in 2009, down from $15, 571, 740 in 2008, which represents a 6.73% decline. Sales tax for 2007 was $15, 699 ,264 and in 2006, was $15, 438, 463.
2) The real property tax, Ohio's oldest tax (created in 1825). The Triennial update in 2009 saw a 10% decrease county wide. Individual communities saw decrease in the range of 8% - 12%.
3) A permissive real property tax known as the transfer tax is assessed on the purchase of property. The General Assembly created this tax in 1967. The Board of County Commissioners increased the transfer tax from 1% to 4% in 1990. In, 2009, Lake County collected $2, 122, 302 in transfer tax as compared to $2, 834, 774 collected in 2008, a decrease of $712, 470. In 2007 Lake County collected $3, 436, 951 in transfer tax and $4, 779, 306 in 2006.
4) The Local Government Fund, created on January 1, 1935. Contributions come from the State. The 2009 local government fund for the Lake County General fund was $1, 826, 466 as compared to $2, 121, 255 for 2008, a decrease of $294, 789. This compares to $2, 147, 317 for 2007 and $2, 193, 995 for 2006.
5) Investments. Lake County participates in the State Treasurer's Investment Pool of Ohio (STAR OHIO). The interest income for 2009 general fund was $4, 030, 207 as compared to 6, 951, 139 for 2008, a decrease of $3, 234, 562. This reflects a nationwide decrease in investment interest rates in 2009. Interest income for 2007 was $8, 850, 436 and $6, 708, 080 for 2006.
The money is drying up. Lake County has had a few layoffs (all layoffs suck). However, it could be much much worse. As you can see some revenue streams are off more than 50% in the past 1 - 2 years. Lake County needs to be thankful we have not lost more jobs and services.
That's right...your mighty Lake County Blog got another elected official to respond to it (the blog) in the Media. Glad to see you read Commissioner Sines! Stick to your word...better yet...ask Dan Troy to stick to your word.
EARLIER IN THE WEEK WE TOLD YOU WHAT FOLLOWS:
The once raging rivers of (tax) revenue into Lake County have been dammed up. The obstruction in the way of the flow of revenue into the County coffers is decades long policies of taxation and economic warfare on business.
Audtior Ed Zupancic gave a speech to the Lake County Development Council recently. This speech detailed the five sources of revenue that used to fill the county coffers. Here they are:
1) The County sales tax (6.5% = 5.5% to the State + 0.5% to County + 0.5% to Laketran). The County received $14, 524, 183 in 2009, down from $15, 571, 740 in 2008, which represents a 6.73% decline. Sales tax for 2007 was $15, 699 ,264 and in 2006, was $15, 438, 463.
2) The real property tax, Ohio's oldest tax (created in 1825). The Triennial update in 2009 saw a 10% decrease county wide. Individual communities saw decrease in the range of 8% - 12%.
3) A permissive real property tax known as the transfer tax is assessed on the purchase of property. The General Assembly created this tax in 1967. The Board of County Commissioners increased the transfer tax from 1% to 4% in 1990. In, 2009, Lake County collected $2, 122, 302 in transfer tax as compared to $2, 834, 774 collected in 2008, a decrease of $712, 470. In 2007 Lake County collected $3, 436, 951 in transfer tax and $4, 779, 306 in 2006.
4) The Local Government Fund, created on January 1, 1935. Contributions come from the State. The 2009 local government fund for the Lake County General fund was $1, 826, 466 as compared to $2, 121, 255 for 2008, a decrease of $294, 789. This compares to $2, 147, 317 for 2007 and $2, 193, 995 for 2006.
5) Investments. Lake County participates in the State Treasurer's Investment Pool of Ohio (STAR OHIO). The interest income for 2009 general fund was $4, 030, 207 as compared to 6, 951, 139 for 2008, a decrease of $3, 234, 562. This reflects a nationwide decrease in investment interest rates in 2009. Interest income for 2007 was $8, 850, 436 and $6, 708, 080 for 2006.
The money is drying up. Lake County has had a few layoffs (all layoffs suck). However, it could be much much worse. As you can see some revenue streams are off more than 50% in the past 1 - 2 years. Lake County needs to be thankful we have not lost more jobs and services.
Thursday, January 7, 2010
ATTENTION LAKE COUNTY OFFICIALS: THIS IS THE CONSEQUENCES OF RAISING TAXES
The City of Brooklyn, in our neighbor Cuyahoga County to the West, just raised its payroll tax by 25%; from 2% to 2.5%.
The result is that American Greetings is citing the tax hike as reason for its planned relocation. See the Plain Dealer article from cleveland.com, here.
Lake County Commissioner Dan Troy can't raise pay roll taxes, but he can raise sales taxes; his partner in crime Commissioner Bob Aufuldish would be more than happy to support a tax hike.
However, Dan Troy is up for re-election. With Concord Township Trustee contemplating a run Troy will not raise taxes. Recall that the Commissioners passed a temporary 1st Quarter 2010 $15 million budget that must be made permanent by April 1. This is after the election filing deadline. If Galloway doesn't run Dan Troy will try to raise the sales tax.
Local City Councils and Mayors CAN raise payroll taxes. The message that the American Greetings story should send is: DON'T BE STUPID, DON'T RAISE TAXES!
FOR THE LOVE OF GOD LAKE COUNTY OFFICIALS...DON'T RAISE ANY TAXES RIGHT NOW!
Tuesday, December 15, 2009
Lake County Sales Tax Stays at 6.25% !! We (the Residents) had an impact!!
That's right, WE, the RESIDENTS of Lake County have swayed the Lake County Commissioners to hold the sales tax rate at 6.25%. The News-Herald has several comments from the Lake County Commissioners here.
This loyal blog, active residents, and local radio programs put the pressure on the Commissioners and the sales tax stayed the same!
The Commisoners cut the budget by a paltry 3%, and passed a temporary budget of about $15 billion. So, we are not out of the woods. Ohio Revised Code requires a permanent budget by April. That being said...we may be in for a surprise in a few months.
However, with Board President Dan Troy up for reelection in 2010 I am sure the sales tax will stay the same.
There is no buzz yet on a republican candidate for Commisoner...ahem Dale Fellows!
This loyal blog, active residents, and local radio programs put the pressure on the Commissioners and the sales tax stayed the same!
The Commisoners cut the budget by a paltry 3%, and passed a temporary budget of about $15 billion. So, we are not out of the woods. Ohio Revised Code requires a permanent budget by April. That being said...we may be in for a surprise in a few months.
However, with Board President Dan Troy up for reelection in 2010 I am sure the sales tax will stay the same.
There is no buzz yet on a republican candidate for Commisoner...ahem Dale Fellows!
Subscribe to:
Posts (Atom)
