Mount Pleasant officials will look into the feasibility of an income tax, citing future needs to boost revenue and maintain the current level of services. Last week, city commissioners were given a rundown of Mount Pleasant’s recent financial history before giving city staff the green light to search for a firm capable of completing a study of what potential an income tax could have. City Manager Kathie Grinzinger pointed to two major areas that could continue to weaken Mount Pleasant finances — an $8.6-million loss in state-shared revenue over 11 years and proposed legislation in Lansing that could eliminate the local collection of personal property taxes.
Read the full story here!
No comments:
Post a Comment