Investment Fund Scorecard

About the Investment Fund

The City of Paducah levies a tax of 2.0% called the Occupational License Fee, also known as the Payroll Tax. It's a tax paid by people who work within the City of Paducah. In other words for every $1.00 that is earned, $0.02 is paid to the City of Paducah. The Payroll Tax is the largest revenue source for the City. Three-quarters of the Payroll Tax is placed into the General Fund. The remaining quarter is placed into the Investment Fund. The Investment Fund is dedicated to the following expenditures: economic development, neighborhood redevelopment, infrastructure capital investment, and property tax relief.

The anticipated revenue from the Payroll Tax for Fiscal Year 2019 for the General Fund is approximately $15.96 million with the revenue for the Investment Fund equal to $5.3 million (a quarter of the total Payroll Tax collected which is projected to be just over $21 million).

Investment Fund Scorecard

Below are links to annual summaries of Investment Fund expenditures.  The first document is the quick fiscal summary.  The second document provides additional fiscal details.  For the most current fiscal year, you will find quarterly reports.

Fiscal Year 2018

Fiscal Summary and Details, July - September 2017
Fiscal Summary and Details, October - December 2017
Fiscal Summary and Details, January - March 2018

Fiscal Year 2017

Fiscal Summary

Fiscal Details

Fiscal Year 2016

Fiscal Summary

Fiscal Details

Detailed Explanations

Fiscal Year 2015

Fiscal Summary

Fiscal Details

Detailed Explanations

Fiscal Year 2014

Fiscal Summary

Fiscal Details

Detailed Explanations

Fiscal Year 2013

Fiscal Summary

Fiscal Details

Detailed Explanations

Fiscal Year 2012

Fiscal Summary

Fiscal Details

Detailed Explanations

Fiscal Year 2011

Fiscal Summary

Fiscal Details

Detailed Explanations

Fiscal Year 2010

Fiscal Summary

Fiscal Details

Detailed Explanations

Fiscal Year 2009

Fiscal Summary

Fiscal Details

Detailed Explanations

Fiscal Year 2008

Fiscal Summary

Fiscal Details

Detailed Explanations

Fiscal Year 2007

Fiscal Summary

Fiscal Details

Fiscal Year 2006

Fiscal Summary

Fiscal Details