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Cincinnati Schools Face Tax Vote | Cincinnati News
Description
Cincinnati Public Schools is racing against time to pass a new tax levy before the August fifth deadline, with a special board meeting set for Monday, July 27th. Facing a nearly $60 million deficit and over 100 staff cuts, the district is weighing two major funding options: a property tax or an earned income tax, both aimed at raising over $65 million annually. While property taxes are traditional, earned income taxes are gaining traction in urban areas as property values soar. Critics argue the board waited too long to act, with union leaders urging earlier intervention. Some board members worry the levy could move forward without a finalized four-year strategic plan for student success. Three specific proposals are on the table: a five-year, seven-mill property tax ($66M), an eight-mill version ($75M), or a five-year earned income tax at 0.75% ($74M annually).
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