Loading...
HomeMy WebLinkAboutOrd 6660 01/10/2023 Amend Utility Tax Set Forth In Article XVI, Section 8.1601.1 Of The Village Code Of Mount Prospect, IllinoisORDINANCE NO. 6660 AN ORDINANCE TO AMEND UTILITY TAX SET FORTH IN ARTICLE XVI SECTION 8.1601.1 OF THE VILLAGE CODE OF MOUNT PROSPECT ILLINOIS WHEREAS, the Village of Mount Prospect is a home rule municipality as defined by Article VII, § 6 of the Illinois Constitution of 1970; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect desire to make certain amendments to the Village Code of Mount Prospect as set forth below; and WHEREAS, pursuant to the authority granted under the Illinois Municipal Code and in accordance with home rule authority granted to home rule municipalities, the President and Board of Trustees of the Village of Mount Prospect approve the amendments set forth below. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: ARTICLE XVI "UTILITY TAX", Section 8.1601.1 "Consumption Tax" to the Mount Prospect Village Code shall be amended to read in entirety as follows: 8.1601.1: CONSUMPTION TAX: A. Tax Imposed: 1. Pursuant to section 8-11-2 of the Illinois municipal code and any and all other applicable authority, a tax is imposed upon the privilege of using or consuming electricity 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: a. For the first 2,000 kilowatt-hours used or consumed in a month, 0.351 cents per kilowatt-hour; b. For the next 48,000 kilowatt-hours used or consumed in a month, 0.236 cents per kilowatt-hour; c. For the next 50,000 kilowatt-hours used or consumed in a month, 0.212 cents per kilowatt-hour; d. For the next 400,000 kilowatt-hours used or consumed in a month, 0.185 cents per kilowatt-hour; e. For the next 500,000 kilowatt-hours used or consumed in a month, 0.184 cents per kilowatt-hour; f. For the next 2,000,000 kilowatt-hours used or consumed in a month, 0.140 cents per kilowatt-hour; g. For the next 2,000,000 kilowatt-hours used or consumed in a month, 0.270 cents per kilowatt-hour; h. For the next 5,000,000 kilowatt-hours used or consumed in a month, 0.260 cents per kilowatt-hour; i. For the next 10,000,000 kilowatt-hours used or consumed in a month, 0.250 cents per kilowatt-hour; j. For all electricity used or consumed in excess of 20,000,000 kilowatt-hours in a month, 0.240 cents per kilowatt-hour. SECTION TWO: that this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYES: Filippone, Gens, Matuszak, Saccotelli, Zadel NAYS: None ABSENT: Rogers PASSED and APPROVED this 10th day of January, 2023. ATTEST: Karen M. Agoran , Village Clerk 2 ul Wm. Hoefe, Ma