File #: R-280-20    Version: 1 Name:
Type: Resolution Status: Approved
File created: 7/20/2020 In control: Office of the Mayor
On agenda: 7/28/2020 Final action: 8/5/2020
Title: Providing for an election on the question of the approval of the passage of an ordinance to amend Chapter 1905 of the Toledo Municipal Code to provide for the continuation of the City's existing temporary additional three-quarters percent (3/4%) municipal income tax for a period commencing January 1, 2021 and ending December 31, 2024, and for one-third (1/3) of the proceeds of that tax to continue to be allocated to Police, Fire, and other Safety Department responsibilities, one-third (1/3) of the proceeds of that tax to continue to be allocated to the General Fund, and one-third (1/3) of the proceeds of that tax to continue to be allocated to the Capital Improvements Fund unless Council, for cause, approves a reallocation to the General Fund; and declaring an emergency.
Attachments: 1. Memo from Mayor
Label
Office of the Mayor

Title
Providing for an election on the question of the approval of the passage of an ordinance to amend Chapter 1905 of the Toledo Municipal Code to provide for the continuation of the City's existing temporary additional three-quarters percent (3/4%) municipal income tax for a period commencing January 1, 2021 and ending December 31, 2024, and for one-third (1/3) of the proceeds of that tax to continue to be allocated to Police, Fire, and other Safety Department responsibilities, one-third (1/3) of the proceeds of that tax to continue to be allocated to the General Fund, and one-third (1/3) of the proceeds of that tax to continue to be allocated to the Capital Improvements Fund unless Council, for cause, approves a reallocation to the General Fund; and declaring an emergency.

Body
WHEREAS, Chapter 1905 of the Toledo Municipal Code currently provides for, among other things, the levying of one percent and one-half percent municipal income taxes that are in effect for a continuing period of time (the Continuing Levies); and

WHEREAS, on November 8, 2016, the voters of the City of Toledo approved, and on November 9, 2016, this Council passed, Ordinance No. 283-16, providing for the continuation of a temporary three-quarters percent (3/4%) municipal income tax, which tax was first imposed by an ordinance approved by the voters of the City in 1982 and extended by prior ordinances approved by votes of the electors of the City in 1985, 1989, 1993, 1997, 2002, 2005, 2008 and 2012, in addition to the Continuing Levies; and

WHEREAS, that temporary three-quarters percent (3/4%) municipal income tax is scheduled to expire on December 31, 2020; and

WHEREAS, this Council desires and believes it necessary to approve an ordinance to provide for the continuation of the three-quarters percent (3/4%) municipal income tax during a period commencing on January 1, 2021 and ending December 31, 2024 and for maintaining the current provisions with resp...

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