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Hanover Park trustees debate 5% streaming-services amusement tax and vote to table for more budget analysis
Summary
In a first reading of an ordinance to amend Chapter 94, trustees debated a proposed 5% amusement tax on streaming services—presented as a partial replacement for declining cable franchise revenue—and voted to table the item pending additional fiscal contingency planning and data on incidence and household impact.
The Hanover Park Board of Trustees held an extended discussion on a first-reading ordinance to amend Chapter 94 of the municipal code and add a 5% amusement tax on streaming services, then voted to table the proposal to allow staff to supply more budget contingency analysis and options.
Staff presented financial context showing cable franchise revenue declining from an estimated $400,000 in 2015 to about $204,000 in 2025, and said the streaming tax is intended to replace lost revenue that supports municipal services. Staff and trustees discussed how the proposed…
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