Akron
Beacon Journal
Ohio
counties see sales tax collections rise
By
Rick Armon
April
1, 2013
Ohioans
had no problem pulling money out of their wallets last year, and county
governments were a big winner.
County
sales tax collections rose 7 percent statewide, to $1.5 billion — the
biggest
one-year jump since well before the Great Recession, according to
statistics
from the Ohio Department of Taxation.
The
increase put a collective smile on the faces of county leaders, who
have been
complaining for years about declining revenue.
Counties
rely heavily on sales tax for their annual budgets.
Summit
County collected $38 million, a $1.9 million increase — 5.5 percent —
from the
previous year.
“I’m
thrilled to death we’re moving in the right direction,” Summit County
Council
President Jerry Feeman said.
The
extra money won’t make up for state cuts in local government fund
revenue, but
it also doesn’t hurt, he said.
Fred
Church, deputy budget director with the Ohio Office of Budget and
Management,
attributed the statewide increase to a general economic recovery…
Read
the rest of the article at the Akron Beacon Journal
|