Dupage County Sales tax cuts 2016

By June 2, 2016November 16th, 2019Illinois Sales Tax, Uncategorized

Dupage County Sales tax cuts 2016
The sales tax on general merchandise purchased in DuPage County drops by a quarter cent as of June 1.
Consumers will pay 7 cents in tax on every dollar spent effective Wednesday, down from 7.25 cents, in a reduction that’s estimated by county officials to put $36 million back into taxpayer pockets.  The quarter-cent sales tax, in place since voters approved it in 1985, was implemented to help the DuPage Water Commission become a self-sustaining utility.
Of the 7 percent sales tax paid on goods purchased in DuPage County, 5 percent goes to the state of Illinois, 1 percent to local unincorporated areas, .75 percent to the Regional Transportation Authority and .25 percent to the county.
Cronin said he pushed for the sales tax reduction and water commission reform six years ago when, as an Illinois senator, he was one of 11 co-sponsors of Senate Bill 580. The legislation called for numerous reforms after it was found the DuPage Water Commission had misspent almost $69 million in reserve funds.
In general, more than $33 million has been cut from the DuPage County budget since 2010, when Cronin was elected county board chairman, he said. The current 2016 budget includes no property tax increase for the eighth consecutive year.
Dupage County Sales tax cuts 2016

Ansari Law Firm

Author Ansari Law Firm

More posts by Ansari Law Firm