Label
TDOT091223MOTORVEHICLELICENSETAX
Doug Stephens (x1006)
Revised
Title
Authorizing the Mayor to enact an annual license fee upon the operation of motor vehicles on public roads and highways; authorizing the acceptance and deposit all license fee revenues into the Street Construction, Maintenance, and Repair Fund.
Body
SUMMARY & BACKGROUND:
This Council recognizes the importance of maintaining city roads and infrastructure. The road maintenance costs have continued to increase and the backlog of necessary road improvements continues to grow. With limited funding available, we recognize additional revenue is needed. Under the Permissive Motor Vehicle License Tax (O.R.C. 4504.173), municipalities may add a $5.00 license fee to all license plate fees. This fee would be specifically used to pay for the costs associated with roadway and highway projects within the City of Toledo.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That pursuant to Ohio Revised Code (O.R.C.) Section 4504.173, an annual license fee is levied upon the operation of motor vehicles on the public roads and highways at the rate of five dollars and zero cents ($5.00) per motor vehicle on all motor vehicles, the owners of which reside in the registration district known as the City of Toledo, Lucas County, Ohio.
SECTION 2. That the intent of the Ordinance is to levy the full tax permissible to the City to annually levy under O.R.C. 4504.173, and that all revenue realized from the tax levied pursuant to this Ordinance shall only be used to meet and pay costs and expenses associated with the projects, purchases, and purposes listed in O.R.C. 4504.173, and as such statute and list included therein may, from time to time, be amended, supplemented, and/or changed.
SECTION 3. That the Clerk of Council of the City of Toledo is authorized pursuant to O.R.C. 4504.08 to certify and deliver a copy of this Ordinance by and or v...
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