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Council discusses retaining municipal grocery retailer occupation tax; action scheduled for next meeting
Summary
City staff briefed the council on the municipal grocery retailer occupation tax and recommended retaining the existing 1% local tax; councilmembers discussed trade-offs between keeping non-resident sales tax revenue and using property-tax relief and decided to place the ordinance on the next meeting for action.
City staff briefed the council on whether to retain the municipal grocery retailer occupation tax, a local 1% charge that municipalities in Illinois can keep after the state removed its grocery tax, and recommended retaining the status quo. The staff presentation said the state legislature let the state grocery tax expire and that municipalities must decide whether to keep the local portion; retaining the local 1% would not change rates…
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