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Kent’s Income Tax Revenue Continues Climb

Every month but January in 2013 has seen increase

Kent’s income tax revenue continues to rise as more new businesses open downtown and Kent State University sees additional enrollment growth.

Six of the first seven months of 2013 saw higher income tax collections when compared with the first seven months of 2012.

The only month this year that did not exceed the previous year’s collections was January, which saw $897,977 in total collections—17.3 percent lower than the January 2012 figure of nearly $1.1 million.

The monthly increases from 2013 to 2012 are: February, 14 percent; March, 14.88 percent; April, 7.3 percent; May, 5 percent; June, 15.7 percent; and July, 0.62 percent, according to the Kent Budget and Finance Department.

The regular increases coincide with boosts in income tax revenue from Kent State employees this year. The first five out of seven months of 2013 have shown increased collections from the university compared with the first seven months of 2012.

The increases could put the city on track to surpass the total income tax collections for all of 2012, when Kent collected slightly more than $12 million—the most in the past five years.

Sa;;y September 24, 2013 at 06:52 PM
Woo-hoo! The increase in revenue is truly music to my ears! With all this new money maybe they can skip asking us hard hit residents to build a new police station so the city can keep up with the Jones'. In five years, due to budget cuts, I've gotten a whole 30 cent raise. Doesn't even cover the increase in my utilities, groceries, medical and the the new school levy that we so desperately needed. Just say no to drugs and the new income tax.
Chris (Kit) Myers September 25, 2013 at 06:49 AM
Great! More flowers for downtown!
Tiffany Jones September 25, 2013 at 04:07 PM
Anyone wonder how much money it takes to use RITA's services? Here is a fun little article about Lakewood. http://www.onelakewood.com/blog/2009/06/regional-vs-local-income-tax-collection.html Maybe if we forego flowers and Rita we can have an nicer police department...
Confederate American September 27, 2013 at 01:15 PM
And yet we have to vote on a tax increase.....issue 4?
Chris (Kit) Myers September 27, 2013 at 01:51 PM
The city won't wait to see just how much tax is coming in from all the new jobs before the income tax increase vote for a police station. The response to my query about that was "Have you been in that building lately?" The police can operate just as well out of a pole building as they can out of an eighteen million dollar monument to the inflated egos of our elitist council members and mayor that seem to think all Kent citizens have money.
Confederate American September 27, 2013 at 04:36 PM
I hope the city saves this article for after the fact that issue 4 wont pass
Chris (Kit) Myers September 27, 2013 at 04:52 PM
It will pass because those who are against it won't bother to vote.
Confederate American September 27, 2013 at 07:08 PM
Its sad to think that people will actually vote for the increase in tax even tho they wont have to pay a single dime of it. It really bothers me to see yard signs in peoples yard that say vote yes, knowing that they are retired and wont have to get taxed. It just doesnt seem very right or fair?
Benjamin September 28, 2013 at 02:37 AM
"The police can operate just as well out of a pole building..." Well, not really. A police department has special needs, and it's subject to codes and regulations from the state level. The Kent PD is currently on notice from Ohio's Department of Rehabilitation and Corrections, which means that they are legally required to address the issues. Whether you think that they SHOULD be doing so isn't really at issue; they have no choice but to do it. Voting yes or no won't change whether there is a new police station built. It will just change how it's going to be paid for (I'm not advocating for either side, merely pointing what you'll be voting on).

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