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Home Clarification
Clarification
Written by Press Staff Writer   
Thursday, 28 October 2010 13:49

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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By: Press Staff Writer

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