Arhold voters urged to approve income tax hike | Local News

0

ARCHBOLD — Voters here are being asked to approve a tax hike for village operations that would raise about $1 million more each year.

Voters in the village are already deciding on the request for the 0.3% income tax levy as early voting began on April 5 and will run until Monday May 2. Voters will also head to the polls on May 3, the day the results will be counted by Fulton County. Elections Office.

If approved, the request would raise Archbold income tax from 1.5% to 1.8% and generate about $970,000 more per year, according to the village.

Village officials are touting the tax increase as a necessity to help the village meet its obligations with a county EMS contract.

Four new full-time paramedics and firefighters have been hired by the village and will ensure that the “minimum staffing requirements” of Archbold’s EMS contract with Fulton County are met.

Earlier, village administrator Donna Dettling said The Crescent News that the income of the village “just hasn’t kept pace with the functioning of these three zones. We need money to help cover this.

“The immediate need for an increase in the income tax rate is to support funding for security operations: police, fire and EMS,” she added on Monday. “Over the past 20 years, revenue streams have not kept pace with the expenditures needed to provide municipal services and capital improvements to Archbold. This increase is also needed to help offset income tax reductions due to a recent law that shifts income tax withholding to the community of residence for those who work from home and do not live at Archbold.

The Village’s year-end total for 2022 hit a record high of $5.2 million after rising 13% in December, but Dettling attributed much of that to a 45% increase in business taxes. which, according to her, is not sustainable in the long term.

The additional tax, if approved, would be “imposed, collected and paid on wages, salaries, commissions and other remuneration, and on the net profits of businesses, professions, associations, companies or other entities earned from 1st January 2023,” according to a village council ordinance approved in January.

The village income tax was established in 1967 at 1% before a 0.5% increase was approved by town voters in May 1999, becoming effective in January 2000.

Share.

Comments are closed.