HomeMy WebLinkAboutLOIT Revenue - 2004 to 2015Local Income Tax Revenue - 2004 to 2015
30,000,000
25,000,000
20,000,000
Percent
15,000,000
CEDIT
10,000,000
PS WIT
5,000,000
0
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Est.
CEDIT COIT PS LOIT
The County Economic Development Income Tax (CEDIT) rate increased from .2% to .4% of wages
effective for fiscal year 2010.
The Public Safety Local Option Income Tax (PS LOIT) rate of .25% of wages was adopted effective
for fiscal year 2010.
The County Option Income Tax (COIT) rate of .4% of wages has not changed.
Percent
Year
CEDIT
COIT
PS WIT
Total
Change
2004
3,448,688
7,001,198
0
10,449,886
--
2005
3,464,152
5,695,618
0
9,159,770
- 12.35%
2006
4,013,475
6,410,405
0
10,423,880
13.80%
2007
3,702,467
5,816,766
0
9,519,233
-8.68%
2008
3,997,997
6,192,452
0
10,190,449
7.05%
2009
3,843,912
8,302,694
0
12,146,606
19.20%
2010
9,090,415
7,648,824
6,078,454
22,817,693
87.85%
2011
7,300,866
7,097,462
5,293,619
19,691,947
- 13.70%
2012
9,068,785
8,610,742
6,605,601
24,285,128
23.33%
2013
8,177,352
7,846,939
5,892,386
21,916,677
-9.75%
2014
8,796,821
8,645,811
6,380,029
23,822,661
8.70%
2015 Est.
9,181,206
8,859,912
6,466,190
24,507,308
2.87%
Total
74,086,136
88,128,823
36,716,279
198,931,238
The County Economic Development Income Tax (CEDIT) rate increased from .2% to .4% of wages
effective for fiscal year 2010.
The Public Safety Local Option Income Tax (PS LOIT) rate of .25% of wages was adopted effective
for fiscal year 2010.
The County Option Income Tax (COIT) rate of .4% of wages has not changed.