VERSAILLES - Resident voters of Versailles will be casting their vote for the proposed renewal and continuation of the .5 percent income tax levy that was initially approved back in 1994 on Tuesday.
This levy, according to Village Administrator Rodd Hale, is vital to maintaining village streets, water lines, sanitary sewer lines, storm drainage lines and general reconstruction projects that keep the village infrastructure in good repair for citizens of the village.
“In 1994, when the village council initially proposed the .5 percent income tax levy, residents were informed the additional monies generated from this levy would be used solely for infrastructure projects such as those previously mentioned, and that has been the case for nearly 20 years,” Hale said. “In fact, the revenue from this levy allows Versailles village officials to sustain one of our most important maintenance programs, the annual street resurfacing plan that prevents our streets and alleys from becoming deteriorated. Often, when driving through other communities one may notice many streets in disrepair. Unfortunately, many of those municipalities cut street resurfacing funding and now find they cannot recover from that gap in continued maintenance. Steady maintenance of any item is always less expensive than a major repair. As Versailles residents, we are fortunate and can be proud our streets are part of the annual maintenance program provided by the .5 percent income tax levy.”
In addition to the annual street resurfacing projects over the past five years totaling more than $1,000,000, other projects such as the North West Street reconstruction, the Heritage Park sewer line upgrades, Indian Creek subdivision sewer upgrade, and the West Ward Street reconstruction were directly funded by this .5 percent income tax levy.
“Thanks to the .5 percent income tax revenue, the village has also been able to receive many grants which required at least some portion of matching funds from the local community,” Hale said. “Grants were received to help with a portion of the costs associated with the Grand Avenue Phase I and West Water Street Phase I improvement projects along with the many Safe Routes to School (SRTS) grants received to provide safe travel ways for Versailles students. When adding the total income tax dollars expended on street improvements and infrastructure projects since 2009, Versailles residents have been the recipients of $4,037, 916.47 in improvements and new construction projects as a result of their support for the local .5 percent income tax levy.”
In 2014, the .5 percent income tax revenue will provide funding for the realignment of Baker Road, which will remove the hazardous “S” curve and allow safety vehicles to more quickly reach their destinations, along with reconstruction of Vista Drive which is necessary due to the recent realignment of State Route 185 and the 2014 street resurfacing project which will provide nearly $200,000 in village street improvements.
“The income tax levy issue on the upcoming ballot is not a proposal to increase the current levy rather it is a renewal of the existing income tax levy,” the village administrator said. “With your support by voting “yes” for the renewal and continuation of the .5 percent income tax on Tuesday, we can continue to build upon the progress and improvements already achieved throughout the village of Versailles and continue with our motto, People-Pride-Progress.”