The Office of the Comptroller released its detail of the June distribution of county income taxes. According to the electronic message, the June distribution totals $722 million, an increase of 2.1% over last year’s distribution. The distribution has three separate income tax components:
- the tentative final distribution for tax year 2010
- theApril/May withholdings and estimated tax receiptsfor tax year 2011;
- the estimated unallocated distribution for tax year 2010 and the reconciliation for the unallocated distribution for tax year 2007.
The distribution also includes the final installments of the disparity grant for fiscal year 2011.
If you have any questions about the June 29 distribution, please contact Judy Oberist of the Revenue Administration Division, at (410) 260-7606.
