TAXES AND REVENUE SOURCES

 

TAXES

Special Taxes included in all sales within the Village include:

  • Sales Tax (1%)
  • Capital Improvements Tax (0.5%)
  • Stormwater and Local Park Tax (.50%)
  • Additional Sales Tax (.25%)

 

SOURCES OF REVENUE

  • Utility Gross Receipt Taxes
  • Sales Taxes
  • Intergovernmental Revenue
  • Licensing and Permits
  • State, Federal and Local Grants
  • Miscellaneous Revenue