Tax Revenue Presentation from January 7 Finance Committee Meeting

In the last decade or so Gahanna has faced the dual challenges of a maturing city hit with the second worst economic contraction on record. These challenges are not unique to Gahanna however what is unique is Gahanna has failed to adapt to this new normal. Where other cities have adjusted their tax rates, Gahanna has not. The city in most cases has less revenue per square mile and less revenue per capita to work with than surrounding cities. In order to cope with financial constraints, management has spent down reserves and deferred capital maintenance to critical levels.  The following slides illustrate this information and were presented by Council at the January 7 Committee Meeting:

Exhibit 1
Exhibit 2
Exhibit 3
Exhibit 4
Exhibit 5
Exhibit 6

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