Monday, June 24, 2013

Star-Press Reports Delaware County Report Calls for New Taxes

From the Muncie Star-Press:

Two new local taxes – including one that would provide nearly $2.5 million a year for public safety – are among the proposals Delaware County officials will hear from a consultant today.

A public safety local option income tax would generate $2.4 million in new money per year, according to the report from H.J. Umbaugh, the Indianapolis consultants hired by the Delaware County commissioners to make recommendations to help the county’s finances.

A tax to fund a cumulative capital development account would generate just over $1 million a year to help pay for building construction and maintenance, Umbaugh recommends.

The report is scheduled to be made public during a 5 p.m. meeting of the Delaware County commissioners and Delaware County Council. The Star Press obtained an early copy of the report.

The 48-page report, requested in April by the county commissioners at a cost “not to exceed $25,000,” was aimed at making recommendations to help the county’s financial problems. Due to declining revenue from property taxes, investments and other sources, county government has been making cuts to budgets and suggesting more are likely.
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http://www.thestarpress.com/apps/pbcs.dll/article?AID=2013130624012