TAXES AND REVENUE SOURCES

TAXES

Local Taxes included in all sales within the Village include:

• Sales Tax (1%)
• Capital Improvements Tax (.50%)
• Park and Stormwater Tax (.50%)
• Additional Sales Tax (.25%)

SOURCES OF REVENUE

• Utility Gross Receipt Taxes
• Sales Taxes
• Intergovernmental Revenue
• Licensing and Permits
• State, Federal and Local Grants
• Miscellaneous Revenue