HAMILTON COUNTY TAX LEVY REVIEW COMMITTEE 138 East Court Street Room #603 Cincinnati, Ohio 45202 October 26, 2010 Hamilton County Board of Commissioners Hon. Todd Portune - President Hon. Greg Hartmann Hon. David Pepper 138 East Court Street Room # 603 Cincinnati, Ohio 45202 Re: Sales Tax Fund Report Dear Honorable Board: The Tax Levy Review Committee respectfully submits the attached Sales Tax Fund Report for your review and consideration. At our October 14, 2010 meeting, a majority of the TLRC voted to endorse the Stadium Fund Deficit/Gap Funding Proposal of Commissioner Todd Portune (text of the motion is attached). The detailed careful and extensive analysis of this, and all other proposals submitted, is included within the report. I would like to thank the Board of County Commissioners for empanelling the TLRC for this critical review. The Commissioners continued efforts toward a consensus solution to the sales tax fund is crucial to the continued progress of all Hamilton County citizens. I would also like to thank the other seven members of the committee. Each member of the TLRC contributed extensively of their time and knowledge in this nearly year long review. The TLRC is scheduled to present this report to the Commissioners at the Monday, November 1, 2010 Staff Meeting. If you have any questions in the meantime about this report, I would be pleased to respond. Thank you again for this opportunity to serve. It has been a thoroughly rewarding experience. Sincerely, Tim Molony Chairman Tax Levy Review Committee
[email protected] (513) 731-8724 Cc: TLRC Members Patrick Thompson, County Administrator Attachments: October 14, 2010 Motion Sales Tax Fund Report and Attachments Motion Move that the Tax Levy Review Committee Report and recommend to the Board of County Commissioners that, following a careful and extensive analysis of the respective proposals submitted by each of the three County Commissioners, the Tax Levy Review Committee endorses the Stadium Fund Deficit/Gap Funding Proposal of Commissioner Todd Portune dated July 28, 2010.