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City of Oakwood Cash Strapped
OAKWOOD-- The city of Oakwood is looking to its residents for additional funding after a proposed tax credit increase was defeated in the latest city council meeting. Mayor William Duncan said the city needs anything from $500,000 to $900,000. That is the city's budget deficit even after cutting actual spending a by one million dollars over the last five years.
"What services do you want and how much are you willing to pay for them?" Duncan told Reporter Kelly May in an interview.
"What we heard from the citizens is that they feel like we need to do a better job of communicating to them that we've done all we can in terms of cutting services and cutting expenses before we come back and ask for additional revenue," he added.
Duncan said the city has already cut about all they can, after losing 20% of their budget to state funding cuts in 2011.
Departments like law-enforcement, public works, and recreation are now in jeopardy.
"All those are at risk if we can't find a way to cut additional expenses or raise additional revenue," Duncan said.
Council proposed a 1.75% tax credit which would have cost the average Oakwood family $237 more per year, but it would only affect people who live in Oakwood and work in Dayton or Kettering, about 38% of the city's wage earners.
"Unfortunately there's no such thing as a fair tax," Duncan said.
The next hit the city could take is more cuts in state funding, Duncan estimated $200,000-$400,000.
"All five councilmembers are saying enough is enough," Duncan concluded.
The city says they are planning some educational sessions or townhall style meetings to help residents understand the issue.
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