Grandview voters will be asked in May to approve a three-year renewal of the city's property tax.

Grandview voters will be asked in May to approve a three-year renewal of the city's property tax.

Grandview Heights City Council Feb. 17 passed the second piece of legislation needed to place the renewal on the May 5 ballot.

By a 5-2 vote, council approved an ordinance to declare the city's intent to proceed with the property tax levy renewal.

Council members Steve Gladman and Ed Hastie voted against the ordinance. Gladman said he believed the city should wait until November to seek the levy renewal.

Council approved an ordinance declaring the necessity of the levy on Feb. 16. The deadline to file for the May election was Feb. 19.

The property tax levy will expire at the end of this year.

Mayor Ray DeGraw told council last month that if the city seeks only a renewal of the property tax, it would have to seek an increase of the income tax next year or perhaps charge fees for some city services in order to maintain a balanced budget.

In 2005, voters passed a levy to temporarily raise the income tax to 2.5 percent. The tax decreased to 2.25 percent at the beginning of this year and will revert back to 2 percent at the end of 2010.

If the property tax renewal is approved by voters in May, the city would continue to collect the same amount of revenue from the levy. Residents would see no increase in their property taxes.

The levy was originally passed at 8.3-mills, but the effective rate of the measure is less than that because property values have increased.

The property tax represents nearly 20 percent of the city's annual revenue.

afroman@thisweeknews.com