Archbold, OH
Mostly clear
Mostly clear
46°F
 

Muni Tax Down In Nov.




 

 

The Archbold municipal income tax was down in November when compared to November 2010, village council learned.

Council was given the results of the 1.5% village income tax on wages and corporate profits at its Monday, Dec. 5 meeting.

Total collection for the month was $561,456.41, down about 2% from November 2010.

However, year-to-date the 2011 collection tops the comparable 2010 figure by about 2%.

Total collection so far is $3,489,886.76, which is almost $71,000 higher than the January-through-November collection in 2010.

Of the 1.5% tax levied by the village, 1% goes to village infrastructure projects, such as street repair and construc- tion. The remaining one-half of one percent (.5%) goes to the Archbold Park Board.


Leave a Reply

Your email address will not be published.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