The Press Newspaper

Toledo, Ohio & Lake Erie

The Press Newspaper

The Press Newspaper

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Mike Beazley, Oregon City Administrator, would like to clarify some information provided by the city tax department and printed in a column last week by John Szozda. While income tax revenue in 2009 decreased 10.6 percent, the total included a one-time repayment of $1.5 million to a company that overpaid its taxes in 2008 by $2 million.

Beazley said income tax revenue for 2007-2009 was “fairly flat but slightly declining,” while revenue in 2010 is tracking about 10 percent less than 2009 for an expected total of $15.5 million.

 

 

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