Residents in Camden will be paying an income tax starting in 2014. The village’s council, earlier in the year, approved a measure to install a one-percent income tax on the village residents to combat declining revenues.
That income tax which was previously approved met with some opposition, as some residents signed a petition to get the income tax placed on the ballot for voter approval. That, however wouldn’t have happened until next November.
According to Village Mayor Tedd Ashman, the council voted to rescind the original income tax measure, and the council approved a new ordinance to establish an income tax in the village, holding three readings of the ordinance.
The village is using the income tax to shore up revenues lost since state funds to local governments (Local Government Funds) has declined to almost non-existence. The neighboring village of Gratis has also instituted a one-percent income tax, also citing decreasing Local Government Funds as the reason.
Camden also recently instituted a $16 per household per month increase in water bills within the village, due to costs associated with the installation of a new wellfield following the 2010 contamination of the Village’s original wells with runoff from road salt piles.
The Village Council will meet this Thursday, Dec. 19 at 7 p.m. for its regular meeting.