Tax Information

Revenues:

The Village uses several sources of revenue to fund government operations. The largest source of revenue for the Village is Sales Tax, which accounts for 23% of the total revenue received. The revenue the Village receives is allocated in the following manner:

Budget Revenues

Expenses:

The Village allocates expenses in the following manner:

Expenditures

An additional 1% tax is collected on the purchase of prepared food beverages, resulting in a total tax of 11% on these purchases

Click here for the monthly food and beverage tax return

Click here for the monthly motor fuel tax return

Utility Taxes:

The Village’s natural gas and electricity utility tax rates are 5.15%. For more information regarding utility tax rebates for elderly and low income residents, click here.

The simplified municipal telecommunications tax rate is 13%, 6% of which is allocated to the Village and 7% is allocated to the State of Illinois.