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CityBeat: Yes on Issue 1

By Staff · October 30th, 2013 · Election
Issue 1 would renew a minor property tax levy for the Public Library of Cincinnati and Hamilton County. Since it’s simply a renewal, it would not increase taxes from current levels. But it would provide a lot — $181 million over the next 10 years — to help the library keep its finances in order.

The levy is especially important following years of state funding cuts.

Between 2003 and 2012, state funding for libraries plummeted from nearly $453 million to roughly $344 million.

The cost of the levy is pretty minimal: For homeowners, the library costs about $30 for every $100,000 of property value. That’s a bargain for one of the busiest library systems in the country.

 
 
 
 

 

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