According to information from the village, a family earning $50,000 per year pays about $500 annually at the current 1 percent income tax rate. If the proposed increase to a 1.25 percent income tax rate were approved, the cost would increase to a total of about $625 per year.
DETAILS: Park Layne park called unsafe, township trustees say complaints rare
If approved, the income tax increase would raise slightly less than $150,000 per year for the Clark County village, and about $1.2 million total over the next eight years. The village also posted a worksheet on its website at www.villageofsouthcharleston.net breaking down the condition of each of the village’s streets.
However Hiser said no decisions have been made on which projects would begin first if the income tax increase is approved. It would likely take about a year of collecting the additional income tax before the first projects would get underway, she said.
The village’s current street budget is about $64,000 a year, she said.
Clark County land bank to demolish more blighted homes this year
Family-owned Springfield manufacturer to host first-ever job fair
Marathon earnings spike to $903M in big third quarter, Speedway flat
Springfield medical center gets $350K expansion
New commander to take over Springfield Guard base
Online Voter’s Guide
For information on every competitive race and issues in Clark County, go to Vote.SpringfieldNewsSun.com to find out everything you need to know to vote on Nov. 7.