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Economics, Real Estate Markets

Re: Delaware County (Ohio) Sales Tax Revenues at Record Pace

Working as many of us do in our own local economy I find it hard to believe that we can have this much actual prosperity in this County. My take on the revenue increase is that it’s from the increase in the fees and licenses required for various reasons here in Delaware County.
Granted we’ve been touted as the model for low unemployment during these tough economic times, but we’ve not been a serious job generator for decades. Especially since our last two major employers Ranco Controls, and Flxible closed their doors here in the 90’s. Most of our residents actually work in neighboring counties, accounting for a lower unemployment rate as it’s mostly fictitious at best.
Some county residents are spending more, but it’s really a rise from the economic flatline that has defined Delaware County since 2008. Most spending is need based versus want because we are heading back to school, and in some cases to work in a new or different job.
County job creation has been glacial at best with mostly service, part time, and small company growth (100 employees or less) which artificially inflates our picture to those living in other regions.
If we are to be taken seriously as an economically viable county versus just a bedroom community of Columbus, then we need to kick our elected officials (Congressmen / Senators) in their six and work harder to attract better quality employers to this area.
License fees, charges, and taxes only go so far when less than 50% of your constituency has a job.

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About hometownbiz76

Retired navy Storekeeper (submarines and surface fleet). Self employed as inventory analyst at a major transit bus aftermarket division. Married, 4 kids (youngest in college), 1-cat.

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