I want to provide one clarification to today's piece. The following paragraph from it should attribute Council Member Rick Taft with the proposal, not me:
Councilwoman Jill Miller Zimon's proposal for an "equitable" tax at a May 12 meeting was opposed by most of council. She had proposed placing a 0.5-percent income tax increase along with a second property tax levy on the ballot. Specifically, she proposed a 2.5-mill police levy that would generate about $600,000 and cost the owner of a $300,000 home about $250.The record will show that Rick actually made that proposal to Council that evening. And the millage he proposed would raise closer to $1 million (1 mill raises $394,000 according to the City's finance director).
My proposal, which I presented to Council at the April 26, 2010 Special Council Meeting and which was explained and covered very well by the Chagrin Valley Times on 4/29/10 (you can read more here) was different in regard to the tax rate, the tax credit and the property tax:
.75% tax rate increase, but also an increase in the tax credit from .5 to .75 and then a 1.65 mill road levy which would cost the owner of a $300,000 home about $139.Ultimately, as most readers here know, the .5% increase only, with a sunset and a charter amendment, were approved for placement on the ballot.