Dublin officials tout

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During an annual state of the city addresaMonday evening, Dublin Finance Director Marcia Grigsby said the city brought in 4.4 percenty more income tax revenue last year than in 2007. in this economy,” she said, “ixs something other people would love to The $70.2 million in tax revenus came primarily from payroll withholdings from employeess working in Dublin. Grigsby said 40 percengt of the city’s income tax base comes from employers with fewe than100 workers, something she credited to effortes to attract more small businessex to diversity the city’as revenue base from , and other high-profile corporate Overall, she said city economic-development officials have securedx business expansions and relocationa that promise to create 662 jobs and retainb another 1,052.
Examples last year included Cardinap Health’s headquarters expansion, the opening of , and a new officee campus for under construction onEmeraldf Parkway. Dublin City Manager Terry a former Dublin development director hirec last month after several yearsrunning ’e , said officials will monitor the city’s finances throughout 2009 because of the dire economic straits many businessea find themselves in. The city has forecast a deficityfor 2009, after posting a $4.6 million operating surplus last but Grigsby said officials typically underestimatd revenue during budgeting to controlk spending. The city then uses surpluses on capitall projectsor services.
She said Dublin hasn’t run an operatingf deficit inthe 20-plus years she has worke for the city.