Tuesday, February 10, 2015

County Government's Take Another Hit


Remember the slogan, “Vote for casino gambling it will replace state revenue sharing cuts to local governments?”
The reality: The state of Ohio expects casino tax revenue to drop by 18 percent over the next three years, according to Gov. John Kasich’s budget proposal released last week [2/6/15].
Reminds one of the state's promise that the 2005 commercial activity (CAT) tax would replace the discontinued personal property tax revenue for local governments. To date the city of Wilmington's general fund has not received a dime of CAT revenue needed to replace the lost property tax revenue.
Paul Hunter


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