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Delaware council holds public hearing on proposed repeal of tax credit; no final vote
Summary
City council held a public hearing and extended discussion Tuesday on an ordinance to repeal a local income tax credit (codified at section 192.081). Council heard public comment and staff presentations about revenue impacts and alternatives; council did not adopt the repeal and left the item for further consideration.
City Council of Delaware, Ohio, opened a public hearing and second reading of an ordinance to repeal section 192.081 of the Delaware codified ordinances, a local income tax credit, and took public comment and extended council discussion without a final vote.
The city manager and finance staff told council that a full-year repeal of the credit would increase general fund revenues by about $3.6 million, with additional estimated flows of about $600,000 to parks and recreation and about $2.5 million to Fire and EMS. City staff warned that immediate repeal would require changes to employer withholding forms and additional taxpayer documentation to determine where income was earned.
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