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August OC Tax Up

Voice Staff Report
editor@tmcvoice.com

The Occupational Tax collected in August, 2020 was significantly more than was collected in August of 2019. Collections this year for the month of August were $171,973.21, an increase of $48,334.01 over the same month last year. The Jail Fund received $57,324.40, an increase of $16.111.33 over August of last year. Deposited into the General Fund was $114,648.81, an increase of $32,222.68 more than August, 2019.
The 2020-21 fiscal year which began July 1, 2020 has seen a total collected for the two months of $448,994.52, an increase over the same two months last year of $65,923.52. The Jail Fund has received a total of $149,664.83 during July and August, 2020, an increase of $16,111.33 over last year. The General Fund has received a total of $299,329.69 for July and August, 2020, an increase of $32,222.68 more that collected during the same two months in 2019.
The increase of $48,334.01, more than reported for the same month last year, in Occupational Tax collected for the month represents an increase of payroll and or profits of $3,222,266 reported for the month of August, 2020.

 

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