Summit County Explores Sharing

Building off of the regional planning and revenue sharing work of the Northeast Ohio Mayors and City Managers Association, elected officials in Summit County are taking a deeper dive into the issue of revenue sharing.

According to this story from Rick Armon of the Akron Beacon Journal, Summit County Executive Russ Pry met with mayors from Barberton, Fairlawn, Richfield, Stow, Tallmadge and Twinsburg to propose a study to create a local tax-revenue sharing program.

The program is to prevent Summit County communities from “poaching” companies from each other. When this happens, the losing community takes a blow to their tax revenue.

''We want to make sure we are trying to build the region and not take companies from cities within the county,'' Barberton Mayor Bob Genet said.

The effort to explore revenue sharing in Summit County is another example of how Northeast Ohio communities are embracing new ideas that can lead to positive change and a growing economy.