With 100 percent of the precincts counted, 204 voters approved of the income tax issue while 113 voted against, according to final but unofficial board of election results.
That means the city will continue to have a 2.5 percent tax without expiration of the increase, which was set to end Dec. 31.
A five-year, 0.5 -percent tax hike was approved by 54 percent of the voters in 2014, but a proposal to remove its temporary status was defeated last fall.
Issue 12 is essentially the same proposal Moraine voters rejected in November, when about 54 percent were against it.
Since being approved five years ago, the issue has cost a worker in Moraine earning $50,000 annually about $250 more a year, officials said.
With about 6,700 residents, Moraine’s daytime population is between 14,000 and 15,000, including about 2,000 who work at Fuyao Glass America Inc., Moraine Acting City Manager Michael Davis said.
The success of Fuyao – and businesses such as Heidelberg Distributing, Tyler Technologies and DMAX Ltd., among others – has helped boost the income tax revenue, Davis said.
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Approval of the 2014 issue was initially projected to add about $1.88 million a year, Moraine officials said. But it has generated more than $3 million annually, totaling about $3.6 million last year, Davis said. That’s about 20 percent of the city’s annual revenue, he said.
Those funds have helped Moraine provide services such as street lighting, residential trash collection, senior snow removal, and sidewalk and curb repairs without charging it’s residence, according to the city.
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