Finance director: municipal income tax supplies the bulk of Independence's revenue; debt down about $15 million since 2018 Finance Director Vernon Blaise told the State of the City audience that municipal income tax provides roughly two‑thirds to three‑quarters of annual revenue (about $35 million), property tax makes up under 2% and operating expenditures are the largest outlay. He said the city's debt declined about $15 million since 2018 and will be about $17.1 m at

Independence's Finance Director reveals that municipal income tax fuels two-thirds of city revenue, while the city has slashed its debt by $15 million since 2018—find out what this means for future projects!

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