Utility Tax


A tax is imposed upon the privilege of using or consuming natural gas acquired in a purchase at retail and used or consumed within the corporate limits of the Village at the following rates, calculated on a monthly basis for each purchaser.

     Natural Gas: 5% of the gross receipts 

     Electricity:    Kilowatt Hours Used or Consumed in a Month             Cost / Kilowatt Hour

                          First    2,000                                                                           0.61 cents
                          Next  48,000                                                                           0.40 cents
                          Next  50,000                                                                           0.36 cents
                          Next 400,000                                                                          0.35 cents
                          Next 500,000                                                                          0.34 cents
                          Next 2,000,000                                                                       0.32 cents
                          Next 2,000,000                                                                       0.315 cents
                          Next 5,000,000                                                                       0.31 cents
                          Next 10,000,000                                                                     0.305 cents
                          All in excess of 20,000,000                                                     0.30 cents

The total revenue projected from the electrical utility tax is approximately $696,886 in fiscal year 2016B and from the gas utility tax is approximately $99,554 in fiscal year 2016B (May 1, 2016 - December 31, 2016).

The municipal utility tax was authorized by the Village Board in April 2014.  To see the authorizing Ordinance and staff memo, please click to read on...