Article: Fitch Affirms City of Parma, Ohio's GOs at 'AA-'; Outlook to Negative from Stable

Article: Fast facts on income tax
Dayton Daily News;  March 3, 2006 ;     435 words ... ... than 300 cities already had an income tax. - In 1946, Toledo was the first city in Ohio to adopt an income tax. Dayton, Columbus and Youngstown followed in 1949. - Parma Heights as the highest income tax in Ohio -- 3 percent. - Giving ...

Article: Fitch Affirms City of Parma, Ohio's GOs at 'AA-'; Outlook ...
Health & Beauty Close-Up;  July 21, 2009 ;     700+ words ... ... budgetary pressures. Parma increased its income tax levied rate to ... economic challenges, income tax revenues will ... the near term. Parma's low direct ... within 10 years. Parma's comprehensive ... allocation of the income tax. Consequently ...

Article: Fitch Rates Parma, Ohio's $10.2MM Limited Tax Rfdg GOs ...
Business Wire;  February 9, 2006 ;     700+ words ... ... Substantial gains in income tax receipts, which ... 1995, increased Parma's total general ... are not available, income tax revenues outperformed ... within 10 years. Parma's comprehensive ... allocation of the income tax. Consequently ...

Article: Fitch Rates Parma, Ohio's $8.7MM Limited Tax GOs 'AA-'.
Business Wire;  June 2, 2005 ;     700+ words ... ... While municipal income tax is the leading revenue ... Substantial gains in income tax receipts, which ... 1996, increased Parma's total general ... within ten years. Parma's comprehensive ... allocation of the income tax. Consequently ...

Article: Fitch Rts Parma, OH's $3MM Ultd Tax GOs & $2.7MM LTGOs ...
Business Wire;  November 19, 2003 ;     700+ words ... ... assigns a 'AA-' to the City of Parma, OH's $3 million park acquisition ... The 'AA-' rating reflects Parma's diversifying economy that ... losses from its peak in 1970, Parma experienced strong economic ... balanced results. While municipal income tax is the leading revenue source ...

Article: Parma OH $3.9M GO Bonds Rated `A+' by Fitch IBCA.
Business Wire;  October 12, 1999 ;     700+ words ... ... The `A+' rating reflects Parma's diversifying economy, improved ... losses from its peak in 1970, Parma experienced steady and strong ... traditional manufacturing base, Parma's economy continues to grow ... Benefiting from 3.1% growth in income tax collections since 1993 and voter ...

Article: Soured Cleve. deal sends Growers packing to ...
Crain's Cleveland Business;  July 28, 2003 ;     700+ words ... ... Financial incentives from Parma are under discussion but weren ... decision, Mr. Tousel said. Parma has offered Cleveland Growers ... equals 50% of the 2% city income tax on payroll, now $2.9 million, said Michael McGinty, Parma community development director ...