BLOGGER’S NOTE — I’m away at Cuyahoga Community College today, preparing for the beginning of the Fall 2011 semester. This is one of several “tidbits” that will appear throughout the week.
Declines in Broadview Heights income tax receipts, 2008 to 2010
The numbers are in on income tax collections, and they don’t look good. Mayor Alai took office in December 2007. In 2008, Broadview Heights collected about $9.4 million in income tax – taxes paid by people who work here or residents working elsewhere through their RITA tax returns.
By 2009, tax collections went down by 5% to a little less than $8.96 million.
By the end of 2010, income taxes declined another 6% to less than $8.4 million. That’s a loss of 11 percent in just two years, and worse than many of our surrounding suburban communities (such as Independence, Seven Hills and Brecksville).
In due fairness, let’s point out the income tax receipts are on the upswing in 2011. But a major part of that increase (nearly 40 percent) is due to a huge Ohio Lottery winner who paid taxes on the winnings. In other words, luck has helped turn the 2011 numbers around. But the revenue appears to still be below collections in 2007, before Samuel Alai became Mayor. Web links to the Ohio Dept. of Taxation and the City’s web site, all below, verify these numbers.
http://www.broadview-heights.org/PDFs/MonthlyIncomeTaxReceipts.pdf
factsforbvh 
Leave a comment