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East Lansing treasurer summarizes income-tax revenue, compliance work and pension gains
Summary
City Treasurer Andrea Smith told City Council that East Lansingresidents pay a 1% income tax and nonresidents pay 0.5%; revenue has risen since 2020 and the tax has helped raise the citypension funding level, but some allocation and timing details remain complex.
City Treasurer Andrea Smith told the East Lansing City Council on March 18 that the cityincome tax, approved by voters in February (effective Jan. 1, 2024), charges residents 1% and nonresidents 0.5% and sunsets on Dec. 31, 2030.
Smith said the tax revenue is split by ballot language into 60% for unfunded pension liabilities, 20% for public safety and 20% for infrastructure, and that the amounts available to those purposes depend on annual reconciliations after the city reimburses its general fund for a 5-mill property tax reduction. "East Lansing residents pay a 1% tax. Non residents pay a half percent," Smith said.
Smith reviewed revenue trends since the tax began, noting a low initial half…
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