Archbold, OH
Mostly cloudy
Mostly cloudy

Muni Tax Collection Up



Archbold municipal tax is surprising councilmen.

In the first four months of the year, revenue was ahead at the end of three.

It was $329,076.08 in April 2008, which was up $25,771.46, or about 8.5% from April 2007.

That month, collections were $303,304.62.

The income tax generated $1,453,764.48 by April 2008, compared to $1,419,968.20 for the same four months of 2007, an increase of $33,796.28, or about 2.4%.

Dennis Howell, Archbold village administrator, presented the figures to village councilmen Monday night, May 5.

Howell said he does not expect up trend to continue in the current slow economy.

“I hope I’m wrong,” he said.

Leave a Reply

Your email address will not be published. Required fields are marked *