over $7 million surplus funds
''Pickerington city officials say they need the tax increase because the city is projecting $6 million in deficits over the next five years''.
Am I reading this right? $6 Million divided by 5 years equals $1.2 Million per year.
''Doubling the income tax would raise $2.7 million more per year''.
So if we use the council's logic and they say they need $6 Million over 5 years and they are asking for $13.5 Million over that same five years.
What gives here?
I think we need a real clear answer on what they plan to do with the $.7.5 million in surplus funds from the taxpayers?
Fix mentioned the $30 million in capital projects. Could Fix specify exactly what they intend to build out of the general fund? Is this the truck load of money Fix has been expecting the last couple of years with his fuzzy math?
Smith says 85% of the people will not see an increase. Exactly what public document did he pull that out of? Or is he pulling it out of some other place?
Just with the limited amount I know about the tax increase I will tell you that over half (54%) of the Pickerington taxpayers will see their taxes doubled.
Where are these guys getting their information?
I also understand that staff made a slight mistake of $1 Million in the initial figures and now this same council is relying on the same staff to provide the figures that they are voting on.
''Pickerington city officials say they need the tax increase because the city is projecting $6 million in deficits over the next five years''.
Am I reading this right? $6 Million divided by 5 years equals $1.2 Million per year.
''Doubling the income tax would raise $2.7 million more per year''.
So if we use the council's logic and they say they need $6 Million over 5 years and they are asking for $13.5 Million over that same five years.
What gives here?
I think we need a real clear answer on what they plan to do with the $.7.5 million in surplus funds from the taxpayers?
Fix mentioned the $30 million in capital projects. Could Fix specify exactly what they intend to build out of the general fund? Is this the truck load of money Fix has been expecting the last couple of years with his fuzzy math?
Smith says 85% of the people will not see an increase. Exactly what public document did he pull that out of? Or is he pulling it out of some other place?
Just with the limited amount I know about the tax increase I will tell you that over half (54%) of the Pickerington taxpayers will see their taxes doubled.
Where are these guys getting their information?
I also understand that staff made a slight mistake of $1 Million in the initial figures and now this same council is relying on the same staff to provide the figures that they are voting on.