Sunday, Jul 24, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Lucas County income taxes exceeding expectations

Lucas County residents apparently are spending more money, news welcomed by county officials who rely on sales tax for the majority of their $132 million general fund budget.

John Zeitler, director of the county s office of management and budget, told county leaders yesterday that the sales tax already has generated $1.6 million more than the county had expected.

Additionally, interest income has come in higher than expected as well, he said.

The numbers come from money collected during the first five months of the year.

Although the additional money is good news and likely will allow the county to avoid dipping heavily into its $22 million reserve account officials warned that anything can change during the rest of the year.

The budget office also alerted county officials yesterday that the 2006 budget process will soon begin.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…