Wadsworth School District's Income Tax Levy Plan
Cleveland News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Wadsworth School District proposes a 1.5% earned income tax levy to address budget issues. Public meetings are scheduled for April 4th and 9th to discuss details and answer questions. The tax targets wages, salaries, tips, and self-employment cash, excluding Social Security, retirement pay, pensions, interest, dividends, capital gains, and unemployment. District leaders argue its a fairer alternative to property taxes, particularly for retirees and those on fixed incomes. With a projected cash shortfall of $6 million by fiscal year 2028, the district plans to cut staff and reduce outside tuition costs. However, they acknowledge that expense cuts alone wont bridge the revenue gap. Wadsworth joins a growing number of Ohio districts exploring income taxes as an alternative to property taxes. Attend the meetings for more information before the levy hits the ballot.
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