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Aurora finance staff urges council to adopt 1% municipal grocery tax ahead of state deadline
Summary
Finance staff told aldermen an ordinance to reinstate the 1% grocery retailers’ occupation tax must be filed with the state by Oct. 1 to avoid an estimated $4.5 million revenue loss; aldermen asked about timing, SNAP exemptions and whether the city must take the full 1% or can adopt a lower rate.
Finance staff presented an ordinance on July 15 that would ask the City Council to adopt a 1% municipal grocery retailers’ occupation tax after the state revoked its 1% collections in 2024 and gave municipalities the option to continue the revenue locally. Stacy Peterson, the city’s director of financial operations, said the governor signed legislation in August 2024 that allows municipalities to enact the 1% tax and that an ordinance must be filed with the state by Oct. 1 to keep collection and remittance handled by the Illinois Department of Revenue.
Peterson said the city could lose…
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