2009-06-17 / Front Page

Future Outlook Bleak For Local Income Tax

The Archbold municipal income tax revenue for 2009 is down and not expected to recover.

That's what Dennis Howell, Archbold village administrator, told Archbold Village Council at its meeting Monday, June 15.

When revenue from May 2009 is compared to the same month in 2008, revenue is down by $129,329,34, or about 18.87%

Monthly revenue figures, when compared to the first five months of 2008, have been down every month except April.

On a year-to-date basis, revenue is down by $192,209.89, or almost 9%. During the first five months of the year, 2009 revenues have never topped 2008.

In fact, revenue generated by the municipal income tax has been on a steady decline since 2006.

Howell said normally, when there is a large decline in one month's results, he can usually explain why.

This year, he can't.

"I do not see anything encouraging. We will probably see similar results for the rest of the year," he said.

Financial Report

Joan Lovejoy, village finance director, submitted her financial report. Ed Leininger, councilman, asked her how the report looked.

"What do I see? I don't know. So far, so good.

"We've seen a big decrease in income taxes, but all other tax revenue is coming in."

"The general fund is doing well," Howell said.

Council approved only one item of legislation Monday, agreeing to move $1.25 million from the income tax fund to the capital projects fund to fund ongoing construction.

Councilmen continued to discuss an issue with the stone truck parking lot at the Friendship Food Mart. Village officials complained about the material the firm was using to control dust.

The company responded that it would no longer use that particular material.

Police, Fire

Council also reviewed the police, fire, and street department reports, plus correspondence from Ohio Gas Co.

All members were present. Kevin Morton abstained from voting on the previous meeting minutes, because he was absent from the meeting. All other votes were unanimous.

The next council meeting is Monday, July 6, at 7 pm in council chambers.- David Pugh

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