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Beavercreek presents Miami University study showing 1% income tax could yield roughly $19.6 million at full collection
Summary
City officials presented preliminary results of a Miami University financial study showing a 1% municipal income tax could generate about $19.6 million annually at full collection, while cautioning collection rates and legal constraints mean adoption would require voter approval under the city charter.
Beavercreek officials onstage at a city town hall described a preliminary Miami University analysis estimating that a 1% municipal income tax could generate roughly $19,600,000 annually at full collection — with actual first-year receipts likely much lower because collection typically ramps up over time.
The analysis, presented to residents at the Beavercreek Golf Course by City Manager Pete Landrum and Finance Director David Graham, was framed as informational. Landrum said the study was authorized by city council and that Miami University will present fuller results to council on Sept. 8.
The study’s headline estimate assumes full collection; presenters warned the city should expect a lower initial take. “I will say you probably never get to a 100% collections,” Landrum said, noting some peer cities report collection rates near 75 percent and that the…
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