February, 2008 Earnings Tax Report

A monthly feature

Every month, John Hanrahan submits an Earnings Tax Report to council. Below is the summary information from the February report, which shows an even bigger YTD increase than last month‘s report.

February Collections
Individual………...$86,478.31
Business………....$178,776.56
Withholding…..$1,054,458.13
TOTAL……….....$1,319.713.00

Collections thru February 2008.….……….............$2,731,147.45
Collections thru February 2007.….……..…...........$2,374,596.85
Increase in collections over 2007.....15.02%…....$ 356,550.60

Net Collected 2007…….$15,397,382,38
Net Collected 2006.……$13,532,186.61
Net Increase 2007:……..$ 1,865,195.77