By Amelia Robinson
Impact on other cities
Officials from nearby cities anticipate losing thousands of dollars in revenue if the earnings tax is approved in Beavercreek. The impact will vary by community.
- Kettering finance director Nancy Gregory said her city collects $38 million from a 2.25 percent income tax and projects losing $300,000 to $400,000 annually if Beavercreek voters approve its own tax.
“I certainly don’t want to say that $300,000 to $400,000 isn’t important,” she said. “It doesn’t seem as significant, but that’s a lot of money.”
- In Xenia, a city with a 2.25 percent income tax that collects about $11.15 million yearly, officials are exploring how a tax in Beavercreek would impact it.
“It would be thousands and thousands of dollars,” city manager Jim Percival said.
- The City of Centerville estimates it will lose about $250,000 annually from the roughly $11.5 million it collects annually on a 1.75 percent tax, city finance director Steven Hinshaw said.
“It’s a concern. It is obviously going to have a negative impact on the city’s income tax,” he said.
- Fairborn estimates losing about $62,465 of the $11.7 million it collects from a 1.5 percent tax that includes a 0.5 percent tax for fire and EMS that will expire in 2014.
- Dayton Public Affairs Director Thomas J. Biedenharn said the city is awaiting soon-to-be released Census information before it can determine how many Dayton residents work in Beavercreek and how much may be lost. Any estimate would be a “wild guess,” he said.
- Riverside acting finance director Thomas Garrett, a Beavercreek resident, said Riverside will lose about $23,000 of the $4 million it takes in annually. About 120 Riverside residents worked in Beavercreek in 2010.