Richmond Heights Income Tax Credit Reduction Measure (November 2011)
From Ballotpedia
A Richmond Heights Income Tax Credit Reduction Measure was on the November 8, 2011 ballot in the city of Richmond Heights which is in Cuyahoga County.
This measure was defeated
- YES 1,347 (40.71%)
- NO 1,962 (59.29%)
[1]
This measure sought to reduce the income tax credit by a rate of 25 percent. The reduction of the tax credit would have given the city an additional amount of near $730,000 a year. The continued loss of state funding and reduction of taxes had led the council to seek alternative ways for additional revenues to ensure the budget would not have deficits and city services and programs could continue.[2]
Text of measure
The question on the ballot:
| Shall Article XII, Section 2 of the Charter of the City of Richmond Heights be amended to reduce the credit on income taxes paid by a City of Richmond Heights resident who pays income taxes to another municipality from a credit of 100% to 75% commencing with tax year beginning January 1, 2012.[3][4] |
Footnotes
- ↑ Cuyahoga County Board of Elections, Unofficial November Election Results
- ↑ Sun News, "Tax credit reduction on Richmond Heights ballot after debate," August 12, 2011
- ↑ Cuyahoga County Board of Elections, November Issues List
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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