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Warrenville council approves two 5% taxes to shore up capital maintenance fund
Summary
The council approved a 5% streaming amusement tax and a 5% self-storage facility rental tax to help cover a roughly $1.1 million gap in the city's Capital Maintenance and Replacement Plan (CMRP). Both measures passed after staff said revenue would fund vehicle, street and infrastructure replacements.
The Warrenville City Council on April 20 approved two new 5% local taxes intended to reduce a shortfall in the city’s Capital Maintenance and Replacement Plan.
Finance Director Kevin Dalstrand told the council the first measure would impose a 5% streaming amusement tax on certain online amusements, and the second would create a 5% self-storage facility rental tax applying to about 1,000 local units. Dalstrand said both revenue streams would be dedicated to the CMRP and would not be used for water and sewer. “All of the resulting…
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