![]() | |
|
|
BOARD OF
EDUCATION APPROVES EARNED INCOME TAX FOR THE NOVEMBER
BALLOT On
August 19, 2008, the Anthony Wayne Local Schools Board of
Education unanimously
voted to place a one-half percent earned income tax levy on the
November 4th
ballot. The earned income tax levy was proposed due to the failures of three
new property
tax levy issues on the May 2007, March 2008, and August 2008 ballots.
Senior citizens
and retirees currently living on a fixed/retirement income also expressed
their concerns
about being able to afford additional property taxes. Following the failed
levy this
past August, after perhaps one of the most comprehensive levy campaigns ever
seen in the Anthony Wayne School District, the Board of Education decided to
seek an alternative
avenue to help secure the additional funds needed to maintain the educational
opportunities for students within the school district. During
the various levy campaigns, senior citizens and retired individuals
raised concerns
about the affordability of new property taxes for those on a fixed income.
The earned
income tax is a way to increase the school district’s revenue without
increasing the
amount paid by community members not presently earning an income.
Retirement income
from pensions and annuities, interest, ordinary dividends, alimony, capital
and other
gains, IRA distributions, and rental real estate income (if not income from
self-employment) are not taxed under this type of system. Thus, the earned
income tax levy will
not affect senior citizens and retired persons living on a “fixed” retirement
income. According
to 2008 data from the Ohio Department of Taxation, 170 public
school districts
in the State of Ohio use either a traditional or earned income tax to help
fund their
districts. Perrysburg, Bowling Green, Otsego, Elmwood, Swanton, Liberty
Center, Patrick
Henry, and Defiance schools use a traditional income tax, while
Eastwood Schools
uses an earned income tax. A major benefit to both the traditional and
earned income
tax is that the revenue for the school district grows over time. One of the
reasons public
schools must continue to ask the voters for additional funds is that revenues
from property
tax levies remain stagnant, while costs continue to increase. Over the last
two years,
the Anthony Wayne Local School District has cut three million dollars
of spending.
By taking advantage of the attrition of personnel, especially teachers,
the district
has been able to maintain a small carryover balance over the last two
years. Approximately
52 employees (33 teachers) who have either retired or left the district
over that
time period have not been replaced. However,
deep cuts and fiscal responsibility alone will not solve
Anthony Wayne’s
financial shortfall. Costs continue to rise and additional students
continue enroll
in the school district. Despite the fact that Anthony Wayne spends
approximately $
1,300 less per pupil than the State average, additional revenue is needed to
maintain the quality
of the educational programs offered by the district. All community members
are encouraged
to carefully consider the earned income tax levy issue on the November
4 ballot.
The earned income tax does not affect all individuals the same. This issue
has been
proposed through careful consideration of all of the information learned by
the Board
of Education over the last two years and three levy campaigns. If you would
like more information about the earned income tax, please call Kerri Johnson, treasurer, Anthony Wayne Local Schools. |