Alexandria OLF updated
Effective 1 January 2022, the Alexandria OLF tax wage base will increase from $142,800 to $147,000. The tax rate remains 1.5% for 2022.
Boone County OLF updated
Effective 1 January 2022, the Boone County OLF tax wage base will increase from $63,758 to $67,179. The tax rate remains 0.8% for 2022.
Boone’s Ridge TIF added
Effective 1 May 2020, a new Tax Increment Financing (TIF) tax has been added to the engine called Boone’s Ridge TIF. Boone’s Ridge is a local development area approximately 500 acres located in Bell County and is owned and operated by the Appalachian Wildlife Foundation, a 501 (C)(3), non-profit organization. The area is currently under construction as of 7 October 2021. The tax rate is 2%.
https://boonesridge.com/index.php#overview
Cold Spring OLF updated
Effective 1 January 2022, the Cold Spring OLF tax wage base will increase from $142,800 to $147,000. The tax rate remains 1% for 2022.
Covington OLF updated
Effective 1 January 2022, the Covington OLF tax wage base will increase from $142,800 to $147,000. The tax rate remains 2.45% for 2022.
Crestview Hills OLF updated
Effective 1 January 2022, the Crestview Hills OLF tax wage base will increase from $142,800 to $147,000. The tax rate remains 1.15% for 2022.
Ferguson Blvd TIF added
Effective 9 March 2017, a new Tax Increment Financing (TIF) tax has been added to the engine called Ferguson Blvd TIF. The Ferguson Blvd TIF is located in Grant County and the tax rate is 0.75%. This new TIF is a stacked tax with the City of Dry Ridge (Dry Ridge – OLF, 21-000-491228-OLF-000). All employees working in the Ferguson Blvd TIF boundary within the city limits of Dry Ridge are subject to this 0.75% tax.
https://cdrky.org/ghanga-project-ferguson-blvd/
Florence OLF updated
Effective 1 January 2022, the Florence OLF tax wage base will increase from $142,800 to $147,000. The tax rate remains 2% for 2022.
Fort Wright OLF updated
Effective 1 January 2022, the Fort Wright OLF tax wage base will increase from $142,800 to $147,000. The tax rate remains 0.99% for 2022.
Highland Heights OLF updated
Effective 1 January 2022, the Highland Heights OLF tax wage base will increase from $142,800 to $147,000. The tax rate remains 1% for 2022.
Hopkins County OLF updated
Effective 1 January 2022, there is no longer a wage base or tax limit for the Hopkins County OLF tax. Previously, the wage base was $500,000 and the tax limit was $2,500. The tax rate will remain 0.5% on all employee wages.
Jackson OLF updated
Effective 1 January 2022, the Jackson OLF tax wage base will increase from $142,800 to $147,000. The tax rate remains 2% for 2022.
Kenton County OLF updated
Effective 1 January 2022, the Kenton County OLF tax wage base will increase from $142,800 to $147,000. The 2021 tax rate remains the same for 2022 (0.7097% for an employee’s first $25,000, then 0.1097% on the employee’s wages in excess of $25k up to the new $147,000 wage limit). The tax limit is $311.26: the employee’s first $25,000 of income is taxed at 0.7097% ($177.43). Any additional income above $25,000 up to the $147,000 wage base is taxed at 0.1097% ($133.83).
Newport OLF updated
Effective 1 January 2022, the Newport OLF tax wage base will increase from $142,800 to $147,000. The tax rate remains 2.5% for 2022.
Warren County ITA Transpark Tax no longer requires total allowances
The engine no longer requires the total allowances parameter (TOTAL_ALLOWANCES) when computing the Warren County ITA Transpark Tax. This parameter does not impact the tax calculation, so it is no longer enforced.
Warsaw OLF updated
Effective 1 January 2022, the Warsaw OLF tax wage base will increase from $142,800 to $147,000. The tax rate remains 1% for 2022.
Wilder OLF updated
Effective 1 January 2022, the Wilder OLF tax wage base will increase from $142,800 to $147,000. The tax rate remains 2.25% for 2022.