At the Sept. 9 meeting, the Homewood Village Board agreed to implement the new 1% non-home rule local sales tax. The move will raise Homewood’s current 9% sales tax to 10%, and will go into effect on Jan. 1, 2026. Information on the new sales tax was presented and discussed with[Read More…]
Tag: sales tax
Homewood trustees might consider new 1% non-home rule local sales tax
Homewood village board members were given information to help them make a decision on adopting a 1% non-home rule local sales tax. Numbers show out-of-town shoppers would be paying the most of the new tax. Homewood’s current sales tax rate is 9%. Of that, 6.25% goes to the state, 1.75%[Read More…]
Homewood to consider implementing local grocery sales tax beginning Jan. 1
In 2024, the Illinois General Assembly approved Gov. J.B. Pritzker’s plan to repeal the statewide 1% grocery sales tax effective Jan. 1, 2026. The Homewood Board of Trustees will consider implementing a local 1% grocery sales tax effective Jan. 1, 2026, to compensate for the lost revenue. The legislation repealing[Read More…]
Next Flossmoor budget closes gap with help from projected sales tax revenue
Buoyed by an anticipated half-million dollars in additional tax revenue, the fiscal year 2018-2019 budget for the Village of Flossmoor was passed unanimously by the board of trustees April 16. The nearly $14 million budget leans in part on revenue projected to be collected from the sales tax increase[Read More…]
Sales tax referendum passes by wide margin in Flossmoor
Flossmoor Mayor Paul Braun, along with trustees and other supporters, celebrated Tuesday night the passage of a referendum question that will implement a 1 percent village sales tax.
Homewood voters reject home rule; Flossmoor OKs sales tax hike
Home rule won’t be coming to Homewood. Voters overwhelmingly rejected the designation. Flossmoor voters, however, gave strong support to a one-cent sales tax.
Sample ballots show voters choices in March 20 primary election
The Cook County Clerk’s Office has released sample ballots for the March 20 primary election. The H-F Chronicle is publishing these to give voters lists of the candidates.
Flossmoor residents speaking out in favor of tax proposal
A group of Flossmoor residents has come together in support of the village’s sales tax referendum set to appear on the March 20 ballot. According to the group’s spokesperson, Don Grasse, about a dozen community members have gathered twice to discuss promoting the referendum, which would create a 1 percent[Read More…]
Potential sales tax for schools, library, parks approved in Homewood
The Homewood Village Board, at its Jan. 23 meeting, approved a 0.25 percent sales tax should the home rule referendum be approved by voters in March. The tax bump aims to help other taxing bodies in the village with limited abilities to increase revenue. The money would be distributed to[Read More…]
Flossmoor sets forums for tax increase proposal
Before voters go to the polls March 20, administrators at the Village of Flossmoor have set two informational meetings to give insights into the reasons for the proposed sales tax increase. The meetings will be at 7:30 p.m. on Wednesday, Feb. 28, and 9 a.m. on Saturday, March 3, at[Read More…]
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