Tax Information – Mayor A. Krasienko

May 22, 2008 at 9:50 pm 16 comments

Note I received this from Mayor Krasienko . sorry for the messy numbers at the bottom the “cells” did not paste but I think you can see the information OK ( Loraine )

http://www.columbustax.net/Muni_List/MLPrintable.asp

INCOME TAX CREDIT PROPOSAL

Currently, Citizens of Lorain who earn money in other communities with local income taxes are given full credit for the taxes paid to other communities towards their Lorain City Income Tax liability. Although these Lorain Citizens are receiving the benefit of local infrastructure and city services, their tax dollars are being paid to other communities. Although this was common practice years ago, it appears that Lorain is one of the few localities that continue to give full credit for income taxes paid to other communities.

A random income tax credit study of twenty communities in Ohio reveals that of the twenty cities in the study, the average income tax rate was about 2%. Additionally, these cities had an average tax credit of 80%, with a credit limit of about 1%. Should the City of Lorain allow a 100% tax credit with a 1% credit limit, we would effectively meet that average. We could conversely allow a 50% tax credit with a 2% limit and receive a somewhat comparable result. The City Treasurer estimates additional tax revenues of approximately $750,000 can be expected for each ¼% income tax credit reduction allowed for income tax paid to other communities. By reducing the full 2% tax credit currently allowed to citizens paying taxes to other communities by one half, it is estimated that we would generate $3 million annually.

It is recommended that The City of Lorain pass legislation, allowing a 100% local income tax credit paid to other communities, with a limit of percent (1%).

CITY INCOME TAX UP
TAX — CREDIT—— TO:
PARMA HTS———3.00% —-100%———-2.00%

PARMA————–2.50%—–100%——– 2.00%

NORTH ROYALTON—2.00%—–100%——– 1.25%

WARRENSVILLE HTS–2.00%——50%——– 1.00%

UNIVERSITY HTS—–2.50%——100%——- 1.00%

SOUTH EUCLID——-2.00% ——-75%——- 1.00%

SHEFFIELD LAKE——1.50%——–50%——–1.00%

CLEVELAND———- 2.00%——–50%——–1.00%

CLEVELAND HTS——-2.00%——–100%——-0.50%

CRESTLINE————2.00%——-100%——-1.50%

LOUISVILLE————2.00%——–60%——-2.00%

MANSFIELD————1.75%——–100%——1.00%

LAKEWOOD————1.50%——-50%——-1.00%

FAIRVIEW————–2.00%……….75%——-1.25%

EAST CLEVELAND——2.00%——-100%—–1.00%

DELPHOS————–1.50%——–75%—–0.75%

DELAWARE————-1.40%———50%—–0.50%

BEREA—————–2.00%———100%—-1.00%

BEXLEY—————-2.00%———100%—-0.80%

BOWLING GREEN——–1.92%———-50%—-0.50%

AVERAGE————– 1.98%———79.25%—-1.10%

Entry filed under: city of lorain.

Chandra Sings – the “America” Idol LNWC and Greg Holcomb (Police and Fire Chairman)

16 Comments Add your own

  • 1. denise caruloff  |  May 23, 2008 at 12:34 am

    ???????????So now i am confused (not hard to do no a dayz)
    i pay amherst city tax and i also pay lorain every pay day. Is that how most of us are being taxed for those who work out of the city? I had requested lorain to be taken out of my checks…??????
    Loraine leave it to you to make me think.

  • 2. Brian  |  May 23, 2008 at 12:56 am

    I would suggest a “study” of some closer and more relevant locations besides the ones being given. Sheffield Lake is the only single community that is even in Lorain County.

    Numbers can be “added up” to whatever you want if you are not careful of what you are adding. I mean look at the cities that are used, there are some I have never heard of before!

    Anyone ever hear of a city called Elyria? How about Avon? Any cities closer than Delphos? Where is Delphos?

    Bexley? If we are being compared to another city I’d like to know if the city is even in Ohio!

    The study is what they want you to see. I would believe that if a more “revelant” group of cities were used that the numbers would be very different.

    My momma didn’t raise a fool.

  • 3. Brian  |  May 23, 2008 at 1:08 am

    I looked over the list of all the taxing districts in Ohio and I don’t think the list of 20 is as RANDOM as it says it is.

  • 4. Loraine Ritchey  |  May 23, 2008 at 1:16 am

    Brian did you follow the link Elyria is on that site

  • 5. Dustin  |  May 23, 2008 at 1:36 am

    I can’t tell you where Delphos is, but Bexley is a suburb of Columbus. It is a relatively affluent area and it is where the Ohio Governors mansion is located, its a really nice place to visit…

  • 6. Brian Hazelett  |  May 23, 2008 at 2:38 am

    I’ll look a little more into the stats tomorrow. The point of my comment was if the study was actually a ramdon, non organized study, it is worthless. If it wasn’t, based on the fact that the cities are nothing like or near Lorain, it is worthless.

    The study has absolutely NO VALUE because it is a study of randon numbers, or that is what is claimed. No value, but is being thrown out as the basis and reasoning why we should accept this plan?

  • 7. muley  |  May 23, 2008 at 5:09 am

    ….don’t forget, I’m not seeing any explanation of how their going to “spend” the money generated. Their adding personel to the city payroll right off the bat to a tune of a half a million, and buying vehicles from the stae every year “BEFORE” they fix a single road. Not very frugal for a city 1.5 million in the whole.

  • 8. Brian Hazelett  |  May 23, 2008 at 11:49 am

    Muley,
    The mayors plan does indicate that many of the roads are going to be resurfaced and paid for with a bond note. I sorta get this part, but do not understand what will happen in a few years with the next batch of roads because there is NO ROAD MAINTENANCE PLAN.

    Someone suggested we needed a training program to which I don’t get because I saw a truck with hot patch by Admiral King yesterday with two employees, two shovels, and two taps to compact the material. When that “PRECIOUS” hot patch is gone, I am sure that our residents would have appreciated a little more care making it last longer than cold patch.

    The problem is I do not believe that our city can finance into bonds a maintenance plan, and folks, maintenance is way more than just “training”. I DOUBT that our Streets Comminishner will be at the next committee meeting explaing our maintenance plan in any detail before council will be expecting to vote on the lisense plate increase.

  • 9. Brian Hazelett  |  May 23, 2008 at 12:40 pm

    14 out of twenty cities in the study are 2% rate or higher, Definately not the typical and medium rate.

    Parma and the 3% rate they charge? How randomly coincidential?

    The data is worthless, along with the entire report. Sure would have been nice if council was given the plan a little sooner so they could get some revelant data. Anyone wanna bet that the engineering department won’t have anything to offer our council people or the streets department as far as what we need to maintain our streets for the next committee meeting?

    Would an “engineer” know how to fill a pot hole?

  • 10. muley  |  May 23, 2008 at 1:30 pm

    ….the last time theyt asked for a plate tax, it was to fix the roads. This time, it’s even more money to…….. “fix the roads”. Yes Brian, it does mention in the report of “fixing” the roads, but, ask for the money first and we’ll get into details later. Not for one second will I believe this plan is going to cure Lorain’s street issues. There are lawyer fees to pay for before our streets are to be repaired. You know lawyers, they get theirs first. 🙂

  • 11. Brian Hazelett  |  May 23, 2008 at 1:57 pm

    I actually just noticed that the report was considered a “study”.
    Who did the “study” and what were the controls? I bet no one will answer that one!

    How about one of our council folks asking for us unless they are more than comfortable basing their decisions on worthless “studies”.

    The increases are going to pass because there is absolutely no other options that are being offered.

    Why even have the committee meeting? Really?

    I am sure that the mayor might get a little flack about the short notice but it will be passed with councils blessing.

  • 12. Brian Hazelett  |  May 23, 2008 at 2:05 pm

    Loraine,
    I see that the mayor was “kind enough to share” what he wanted put out for the public to know. Does the data help his cause, or hurt his cause becuase the data is worthless?

  • 13. Loraine Ritchey  |  May 23, 2008 at 2:33 pm

    Hi Brian – the Mayor shared the information in an email to me as I had been asking what other cities and communities had and did .he sent me the information and also to Rona — “I” decided to SHARE what he sent me – he did NOT ask me to put up the information –
    I thought some might find it interesting– I did and I did click on the link for our surrounding communities..

    I understand your point my point was I keep seeing people saying the will move elsewhere and I wanted to know where was cheaper all things considered…. 🙂

  • 14. Brian Hazelett  |  May 23, 2008 at 4:21 pm

    Loraine,
    I don’t think anyone is going to “move out” of Lorain because of the tax. I do believe that the public is however “HELD HOSTAGE” as garbage “data” like what was presented to the public, and what is given to council, is the best our city can do to “come up with a plan”.

    When is the city going to start requiring the department heads who should know a lot more than our “new” mayor and “new” service director about the very things they have been taking care of for many many years?

    When you are fed garbage in, when the garbage comes out why are we soo surprised?

  • 15. CissyMathis  |  May 26, 2008 at 10:40 am

    Taxes, and more taxes. Kind of makes you wish you could sell your house and moved to a little cabin in the woods.

  • 16. Loraine Ritchey  |  May 26, 2008 at 1:10 pm

    Cissy you would probably have “log tax” – rural tax- uncleared land tax 🙂

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