Toledo City Income Tax Continuation (March 2012)
The measure was approved
- YES 21,934 (56.57%)
- NO 16,839 (43.43%)
This measure sought to continue the current income tax which is set at a rate of 2.25 percent for a further four years in order to continue to pay for police and fire services in the city, general improvements and current expenses.
Text of measure
The question on the ballot:
|Shall Ordinance No. 559-11, providing for the continuation of a two and one-quarter percent (2 ¼%) levy on income, of which three-quarters percent (¾%) is a continued tax, to be in effect during the period commencing January 1, 2013 and ending December 31, 2016, to be allocated one-third (⅓) to the General Fund for police, fire and other Safety Department responsibilities, one-third (⅓) to the General Fund, and one-third (⅓) to the Capital Improvements Fund, and of which one and one-half percent (1½%) continues to be in effect for a continuing period of time to be allocated as at present; and, to provide authority for the City Council, upon request by the Mayor, to reallocate proceeds for the City’s current three quarter percent (¾%) temporary income tax from the Capital Improvement Fund to the General Fund to address financial needs, be passed?|