Citizens For A Better Norwood

Friday, August 29, 2008

July, 2008 Earnings Tax Report

A monthly feature

Below is the summary information from the Earnings Tax Department‘s July Report. July is the first month this year YTD collections were lower than the same period in 2007.

July Collections
Individual………….$ 106,039.09
Business……….…...$ 83,973.56
Withholding…….…$ 897,903.17
TOTAL……….……...$1,087,915.82

Collections thru July 2008.….……….....…..........$9,495,463.17
Collections thru July 2007.….……..…................$9,534,334.84
-.0001% decrease in collections over 2007.…..$ (38,871.67)