Archbold, OH
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Archbold Income Tax Report Good News




 

 

Dennis Howell, Archbold village administrator, is normally cautious when talking about municipal income tax revenue.

But at the Monday, Aug. 6 meeting of Archbold Village Council, Howell went so far as to say the July income tax report was good news.

During July, the 1.5% village income tax, charged on wages and corporate profits, generated gross revenue of $284,647.98, close to 36% more than the same month in 2011.

The year-to-date tax collection total topped $2.17 million, $140,153.68, or about 6.9%, more than the same January-though-July time period in 2011.

From 2006 through 2010, for four straight years, total income tax collections for the year fell from more than $4.8 million in 2006 to about $3.4 million in 2010.

In 2011, income tax collections turned around to about $3.5 million.

Howell said the latest monthly numbers are “just about back to where we were two or three years ago.”


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