Payroll tax revenue holds steady

Local News

December 1, 2009

$155,156.20 collected during July 1-Sept. 30 quarter

Anonymous The McCreary County Record Tue Dec 01, 2009, 04:32 PM EST

WHITLEY CITY — The latest quarterly report for occupational tax revenues show the county started the new fiscal year nearly the same as last year.

A total of $158,130.53 was collected for the first quarter (July 1-September 30) of the 2008-2009 fiscal year. During the same period of the 2009-2010 fiscal year, the county collected $155,156.29. The monies were collected between August 18 and November 16.

Tax administrator Stephanie Tucker’s salary is withdrawn from the total each quarter, as are expenses for the office and refunds. Which leaves $144,256.72 — down some $4,000 from the same quarter last year — to be distributed as follows:

• 22 percent or $31,736.48 for General Fund

(including three deputies);

• 20 percent or $28,851.34 for Ambulance Services;

• 20 percent or $28,851.34 for Economic Development;

• 20 percent or $28,851.34 for Parks;

• 10 percent or $14,425.67 for Jail;

• five percent or $7,212.84 for 911;

• and three percent or $4,327.48 for Tourism.

The county collected $988,937.31 for the last fiscal year — well above the projected $900,000 in the county budget.

While collections on the one-percent tariff have yet to fall short of budgeted projections for a fiscal year, Judge-Executive Blaine Phillips’ ultimate goal of $1 million has eluded county government since the tax was approved in 2004.

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Payroll tax revenue holds steady

$155,156.20 collected during July 1-Sept. 30 quarter

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