February OC Tax numbers released
By Greg Bird
The McCreary County Occupational Tax added $124,123 to the General Fund for the month of February according to figures released by the Judge Executive’s Office this week.
Collections for February were about $30,000 ahead of the same month last year, but about $20,000 below the average over the past five years. Jail Fund additions for the month totaled just over $62,000, bringing the eight-month total for the fund to $372, 634.
Total additions to the General Fund have reached $745,269 for the year, about $13,000 below the average at this point over the previous three fiscal years.
For the first eight months of the fiscal year the average monthly collection has been $93, 158, putting the projected collections for the year at $1.117 million. Historically the months of March and June fall well below the average, but April is typically twice the average.