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Treasurer recommends grocery tax to plug roughly $22,000 budget shortfall
Summary
Treasurer Mindy Olson told trustees a local grocery tax could raise approximately $22,000 and recommended adopting it to fund items such as new cameras and radios; she estimated revenue would split roughly 50/50 between residents and nonresidents.
Treasurer Mindy Olson presented a preliminary calculation showing an estimated $22,000 in revenue if the Village enacts a grocery tax and recommended the board adopt the tax to shore up the Village's finances. Olson told trustees that revenue is likely to be shared about "50/50 split between residents and non-residents," and said the money could be used for equipment purchases such as new cameras or radios.
Trustees discussed public outreach and the need to communicate the proposal to residents. Trustee Steve Retzer asked about getting community feedback; Olson said the item has been posted multiple times but noted no public attendees were present to provide comment at the meeting. The board did not take a formal vote on the tax at this meeting.
