GENERAL OVERVIEW OF THE NEW LIT FRAMEWORK
LIT Rate Illustration for a Taxpayer (under new LIT structure)
| Local Income Tax | City A (population greater than 3,499) | Town B (population less than 3,500) | Township C (not located in a City or Town) |
|---|---|---|---|
| County Services | 1.20% | 1.20% | 1.20% |
| Fire Protection & EMS Services | 0.40% | 0.40% | 0.40% |
| Non-municipal units (townships, libraries, and binding review units with exceptions) | 0.10% | 0.10% | 0.10% |
| Municipalities < 3,500 population general revenue | N/A | 0.60% | 0.60% |
| Municipalities >= 3,500 population general revenue | 1.20% | N/A | N/A |
| Illustrative Total LIT Rate (cannot exceed 2.9%) | 2.90% | 2.30% | 2.30% |
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