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(Toledo, OH) The Board of Trustees of the Toledo Regional Chamber of Commerce has voted to support the City of Toledo’s ¾ percent temporary income tax renewal being placed on the ballot this November. The current tax is set to expire December 31, 2016. Earlier this year, the Chamber had opposed increasing the ¾ percent temporary income tax to a 1 percent temporary tax pending a third-party review of the city’s current budget. To help accomplish this, the Toledo Regional Chamber of Commerce committed up to $44,500 toward hiring the Center for Priority Based Budgeting (CPBB) to assist the City in prioritizing resource allocation to the programs and services most vital to our businesses and residents. CPBB began working with the City of Toledo on this process in early July. “The Chamber is encouraged by the City’s commitment to working with the Center for Priority Based Budgeting to not only address the current budget situation, but create a plan for future long-term financial stability,” said Wendy Gramza, President of the Toledo Regional Chamber of Commerce. “Renewing the current three-quarter percent temporary income tax will safeguard the continuation of vital city services while this work takes place.” The ¾ percent temporary income tax was first approved by Toledo voters in 1982 and has been extended by subsequent ballot issues, most recently in 2012. This is a flat tax applied on all wages earned within the City, and by Toledo residents working outside of the City. About the Toledo Regional Chamber of Commerce The Toledo Regional Chamber of Commerce, serving a membership of over 1800 businesses, is the collective voice for the Northwest Ohio business community. For more information contact: Stacey Mallett, Vice President Marketing and Communications 419-243-8191-ext. 272