What does a non-home rule sales tax mean to City residents?
Renewing public infrastructure has always topped the list of City Council priorities. Equally important was the discussion on how to fund it. The Council is very conscious of the growing property tax burden on residents. The impact on residents is a major reason why the Council is proposing a non-home rule sales tax. This revenue source has the lowest impact on residents. Sales taxes are imposed on the sales of goods or services purchased within the City. As a resident of Wood Dale, ask yourself, “How much do I buy in the City?” We don’t have a Wal-Mart, a movie theater or an abundant restaurant district. In fact, our research shows that most of the sales tax revenue within the City comes from non-residents buying from companies in our healthy business and industrial parks. Most goods and services bought by Wood Dale residents are from other municipalities with sales tax rates higher than Wood Dale’s. At Woodfield Mall in Schaumburg, the sales tax is 8.75%, and the rate at Stratford Sq
