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Attorney outlines sales-tax limits and a possible water recapture fee to recover $560,000
Summary
Village attorney told trustees non–home-rule governments may raise sales tax only in quarter‑cent increments and discussed a possible water recapture fee to recoup roughly $560,000; CES, Inc. estimated about $410 per acre if applied to 1,368 acres.
Attorney Jim Stevens told trustees the village must decide by Oct. 1 whether to pursue an increase in sales tax, noting state rules limit non–home‑rule governments to quarter‑cent increments. He also discussed a proposed water recapture fee intended to recover approximately $560,000 related to basin work, based on a CES, Inc. study that identified 1,368 acres and suggested a per‑acre charge near $410.
"we could charge around $410/acre," Jim said when summarizing the CES estimate; he also cautioned the board about potential effects on businesses and said the issue could be discussed further at a committee meeting. Kevin from CES, Inc. told the board the cost would not deter businesses from building in the village. No formal action was taken on a recapture fee at the meeting; trustees asked staff to continue discussions and to bring the item to committee for more detailed analysis before any decision.
