ICMA | blog
Making the Most of Tax Season
19 February 2015 |
In 2010 local governments collected $1.4 trillion in general revenue. Around 40 percent of that revenue came from transfers from federal and state government, and the rest came from local taxes, fees, and miscellaneous receipts (Tax Policy Center).
Tax season is “the time period between January 1 and April 15 of each year in which individuals traditionally prepare the previous year's financial statements and reports.” So in honor of this I am writing this post to show how local governments are finding efficient ways to collect their taxes and developing innovative ways to increase their tax base.
Does your community have an innovative way to collect or increase your local tax base? Please post comments below.
Knowledge Network Intern
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