Thursday, September 30, 2004

Loveland ponders windfall

By Sheila McLaughlin
Enquirer Staff Writer

LOVELAND - What do you do with an extra $397,000?

That's the happy question officials are trying to decide after hearing this week that the city got an unexpected windfall from estate taxes.

The mayor's suggestion: Roll back property taxes.

"The bottom line is, if we can lower our taxes we should lower them - not only for the residents," Mayor Brad Greenberg said Wednesday."If we lower taxes for the businesses, it makes Loveland more competitive for attracting new businesses."

Council asked the Finance Committee to research that option, as well as the possibility of saving some of the money in a "tax stabilization fund."

The fate of the windfall, which came from a single estate, will be decided within the scope of next year's budget, said City Manager Fred Enderle. He doesn't expect the 2005 operating budget to exceed the usual $10 million or $11 million by more than 3 percent.

"Income tax and all of our taxes are pretty flat, so it will be tight budgeting. It looks like we can maintain our operational needs, but there won't be a lot of extra cash for capital improvements," Enderle said.


Tonight's big debate: Bush v. Kerry
Nursing shortage in area abates
Region getting serious about child obesity
Tot Lot member sentenced
Group puts blacks in cockpit
Miami U. rape suspect 'is no longer a student'

Bond Hill jail idea may finally die
Forum's funding premise disputed
Leaders old, new on hand as new space frees labs
As levy vote nears, Lakota ponders cutbacks in busing
Local news briefs
Loveland ponders windfall
Wellness Center, Y program for moms
Neighbors news briefs
As Ohio's population remains static, number of elderly rise
Court: Ohio can't require speech permit
State hasn't decided how to spend $431M for poor
Warren Co. court worker demoted
Public safety briefs
UC dean to take new post to boost revenue
Reading schools face cuts
2 area fire departments to present safety fairs
Three Rivers group schedules levy talks
Police seek to question man in thefts
Citizen wants Web advocacy halted
W. Chester future studied

Bronson: City spends on monitors, not safety
Good Things Happening

Barry N. Wakeman was Zoo denizen

Lincoln to stand tall at library
Group: Let judges speak out
A home of their own
Attack ads define race
Southgate residents weigh eliminating their school
UK plan's focus: Safety for women
N. Ky. news briefs