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Highwood treasurer: state law change will cut local-use tax about $130,000 a year, creating a roughly $390,000 three-year gap
Summary
Scott, Highwood's treasurer, told the council April 7 that the "Level Playing Field Act" changed how local use tax is defined, reducing revenue by about $130,000 annually and creating an estimated $390,000 shortfall over three years; council was informed but took no immediate budget action.
Scott, Highwood's treasurer, told the City Council on April 7, 2026, that a recent state law known as the Level Playing Field Act changed the definition of taxable local use and will reduce the city's local-use tax revenue by roughly $130,000 per year.
The council heard the treasurer's financial report for January and February and learned the cumulative effect of the change amounts to…
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