Ruese Insurance Group is joining with Sidney City Schools to ask voters to approve a 10 years 0.75% earned income tax levy to generate $3.3 million to support the district’s operations on Tuesday, May 4, 2021.
How would this tax levy affect you? The levy would tax the working wages (W2) and income from self-employment of the residents of the district. However, a number of types of incomes are NOT taxed with the Earned Income Tax, including but not limited to retirement income, social security income, IRA distributions, alimony/child support, and unemployment/workers compensation.
Passage of this levy, coupled with the cuts and changes the district has made to reduce expenses, will stabilize district finances for the foreseeable future. This is important to help create a strong and supported school system that attracts business and commerce, and is especially critical in attracting workforce talent to a community, especially families with children.
Supporting a school levy in your hometown is essentially an investment in the quality of your community!
More information can be found at www.sidneyschoolslevy.org