Who Will Pay For Wilmington's Streets

Argument for a five year 3 mill dedicated property tax levy.

Fixed revenue per year $654,000 Revenue five year total $3,270,000

Use: replace the general fund transfer of $562,000 to the M&R fund plus $100,000 for street repair. This results in making the general fund money available for other uses.

Cost the home owners with a $100,000 valuation.

Non seniors: $105 per year

Most seniors: $79 per year

These costs will decline as property values increase over the five yearperiod.

Result: all residents share the responsibility for maintaining infrastructure.

Argument against a .5% earning tax increase levy.

Revenue per year: $2,000,000 or more per year. Revenue five year total $10,000,000 or more.

Use: undetermined

Cost: Earner families with a $60,000 taxable household income: $300 per year.

Result: the cost of maintaining infrastructure will fall on working families and a significant portion of the residents will escape that responsibility.

The suggestion that we can stick it to non resident earners is a violation of the original Tea Party motto of taxation without representation and is an anti growth concept.

The ultimate question is which levy is most likely to be approved by the voters.

Call or email city hall with your comments. 382-5458 or mmiller@wilmingtonoh.org

Paul Hunter