Possible Reduction in Taxes……. reduce gov’t spending?….

At a recent Commissioners’ meeting, Commissioner Troy took a “verbal swipe” at incoming Commissioner Ron Young and existing Commissioner Jerry Cirino.  Troy was incensed that Young, supported by Cirino,  hammered Troy for supporting the large sales tax increase in 2012.   In the interest of total fairness, Commissioner Troy did support a reduction in the property tax inside millage at the same time.  The sales tax increase was to generate ~$20 million per year and the reduction in inside millage (property taxes you do not get to vote on) was reduced by ~$8 million per year.

I spoke to the Lake County Finance director, and although the sales tax is bringing in ~$20 million additional revenue, when adjusted for inflation it is far less.  In spite of the robust economy that we are supposed to be experiencing, the sales tax revenues have not increased substantially.  One possible factor is the aging population of Lake County, and the lack of disposable income by seniors.

The year 2012 was a significant year for Commissioner Troy.  He decided to run for State Representative in that year, but had to drop out and support John Rogers with a $10,000 donation to the ‘Friends of Rogers’ campaign, because he failed to dispose of $42,618.91 to the Lake County Governance Education Fund on a timely basis.

In any event, we do not expect the Commissioners to reduce the sales tax % or the inside millage any time soon.  They say the budget is tight, and expenses will probably increase due to the new administration building, although it was built with the intent of reducing government expenditures.  Time will tell if there will be a reduction in government spending….lolololol…..yeah right….

Thanks to our Painesville Lobbyist for this article in the Gazette that mentioned the possible sales tax reduction.

 

Tax 112318.jpg



Categories: Lake

Tags:

15 replies

  1. 480352 214754Over and more than once again I take into consideration these concern. As a matter of fact it was not even yesterday that I last thought about it. To be honest, what is your thought though? 943747

  2. fantastic issues altogether, you just gained a emblem new reader. What may you suggest about your submit that you simply made some days ago? Any certain?

  3. 582338 190269 Nice post. I learn something far more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. Id prefer to use some with the content material on my weblog whether you dont mind. Natually Ill give you a link on your web weblog. Thanks for sharing. 817504

  4. I think that is among the most significant information for me. And i’m satisfied studying your article. However wanna statement on some common issues, The web site taste is ideal, the articles is in point of fact nice : D. Excellent job, cheers

  5. I just could not leave your website prior to suggesting that I actually loved the usual information an individual provide for your visitors? Is going to be again often in order to inspect new posts.

  6. Simply wanna admit that this is very useful, Thanks for taking your time to write this.

  7. Heya i am for the first time here. I found this board and I find It really useful & it helped me out much. I hope to give something back and aid others like you aided me.

  8. 209292 758807Hmm is anyone else experiencing problems with the images on this blog loading? Im trying to find out if its a problem on my finish or if it is the weblog. Any feed-back would be greatly appreciated. 781565

  9. 660204 917364Thanks so considerably for yet another post. I be able to get that kind of info details. friend, and exactly. 294351

  10. 323651 980819Youd superb suggestions there. I did a research about the issue and identified that likely almost anyone will agree together with your internet page. 403508

  11. 951904 842953Id need to have to consult you here. Which isnt some thing Which i do! I enjoy reading a post that can make people feel. Also, appreciate your permitting me to comment! 535616

  12. 322853 489470You produced some decent points there. I looked on the net for any issue and found most individuals goes in addition to with all your web site. 869306

  13. 723160 549281How significantly of an appealing guide, maintain on producing far better half 900774

  14. 327693 515834Really good style and wonderful content material material , absolutely nothing else we want : D. 197956

Leave a Reply

Your email address will not be published.

%d bloggers like this: