Walmart received a Cook County Class 8 property tax relief benefit when it opened its Homewood store in October 2016. On March 10, the store closed, and Homewood officials decided on March 28 to take back the tax break. “The village’s support of the Cook County Class 8 incentive was[Read More…]
Tag: Class 8 tax incentive
Flossmoor board likely to approve tax exemption for medical firm
The Flossmoor Village Board endorsed an extended tax break for a local business at its May 18 meeting. No board members objected to the proposal of a renewed Class 8 tax incentive for Alliance Real Estate, 19801 Governors Highway. The location is home to medical and professional services such as Premier[Read More…]
Homewood readies fuel tax for summer collection
Homewood amended its gas tax ordinance this week to ensure the new levy will be collected this summer. Governor JB Pritzker signed a bill last summer allowing municipalities to impose a motor fuel tax of up to 3 cents per gallon. That bill had to be adjusted and will go[Read More…]
