Council Mulls City Income Tax Options
Ypsilanti, MI – Ypsilanti's city council will decide soon what sort of income tax issue to place before voters in November.
In order to get the measure on the ballot this fall, council needs to decide by May 24th.
Mayor Paul Schreiber says the city has been forced to make cuts in services every year since 1999, and now needs to increase revenue to maintain what's left.
Schreiber favors an income tax proposal that gives property owners a break through a four-mil rollback in property taxes. That proposal also features a one-thousand dollar exemption and income tax rates of one percent for residents and a half-percent for non-residents working in the city.
Other plans either don't roll property taxes back at all, or roll them back two mils. One plan has a three-thousand dollar exemption.