Local news- Press Release
Delaware Ohio - Tax Issues Receive Chamber of Commerce Endorsement 26 February 2024 ( news )
Delaware , state Ohio ( By Press Release office)
Feb 26,2024
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The Delaware Area Chamber of Commerce is endorsing two City of Delaware municipal tax issues appearing on the March 19 ballot . The Chamber board of directors recently voted to support the tax measures and in an endorsement letter to the City , wrote:
"The Chamber’s board of directors voted to endorse two tax levy asks by the city of Delaware that voters will see on the March 19th ballot .
The first is a continuation but making permanent the . 15 percent parks and rec tax that was
approved by voters in 2008 . Parks , trails and recreational green space unquestionably add to the quality of life in any community . The average age of the Delaware resident is just over 34 years old , meaning lots of young families that look to their community to provide the parks and rec opportunities that Delaware does so well . This levy means no increase in taxes .
The second issue on the ballot is a five - year , . 35 income tax increase to be used primarily for road repair and economic development infrastructure . The increase would mean an increase of approximately $280 annually ( $5 per week ) for an income of $75000 . The income tax will not impact social security or retirement benefits .
The city’s current 1 . 85 income tax rate is the third lowest in Central Ohio and while the city offers full services , there’s little left for capital road projects , leaving road infrastructure deteriorating . The first income tax increase in ten years will bring roughly $7m annually to be used to significantly reduce the backlog of nearly 200 streets in need of repair and maintaining alleyways that serve as the main point of entry for residents as well as city services .
In January of 2023 the city released the final report that was created by a group of local citizens over a one - year period . These local citizens reviewed the city’s revenue and expenses , challenges and opportunities and its conclusions were drawn from that analysis .
While new taxes are never requested lightly , maintaining infrastructure in a community belongs to all residents . Municipalities face the same issues of inflation and capital needs just as any family or businesses does . This levy will have a significant impact on the care and improvement of our vital transportation network within our neighborhoods .
The Chamber encourages residents of the city of Delaware to support both issues . "
Read more about the tax issues at
www . delawareohio . net/taxproposal
.
The Delaware Area Chamber of Commerce serves 470 members throughout Delaware County .
Read more about the Chamber here
.
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