Citizens For A Better Norwood

Monday, July 21, 2008

June, 2008 Earnings Tax Report

A monthly feature

Below is the summary information from the Earnings Tax Department‘s June Report. YTD collections through June are down significantly from the 1st Quarter report, which showed a YTD increase of 13.6% over the 1st Quarter of 2007.

June Collections
Individual………….$ 39,063.41
Business……….…...$ 257,164.81
Withholding…….…$ 990,010.01
TOTAL……….……...$1,286,238.23

Collections thru June 2008.….……….....….......$8.407,547.35
Collections thru June 2007.….……..…..............$8,338,055.86
.08% increase in collections over 2007.…….....$ 69,491.49