The Corry Combined Earned Income Tax Committee saw the largest decrease in second-quarter receipts in five years.

Receipts for the second quarter of 2009 — April, May and June — were $394,803.

That total is $61,190 less than the second-quarter receipts for 2008 of $455,993.

The EIT committee got the news during its quarterly meeting Thursday. Voting members at the meeting were Gene Stoddard, Roger Butters and Pat Migliaccio.

EIT records show that second-quarter receipts from the 1 percent wage tax had steadily increased the past four years until this year’s drop-off.

Joanne Smith, the EIT receiver for the city, said the decrease points to job losses.

“It’s because of layoffs and plant closings,” Smith said.

Second-quarter receipts include earned income taxes of $14,040 for the fourth quarter of 2008 from the former Erie Plastics. Those tax dollars were not received during the first quarter of 2009.

See the Journal's Friday, August 14th edition for full story.

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