Business & Tech

Libertyville Joins Growing Number Of Towns With Local Grocery Tax

A 1% grocery sales tax will continue in the village once the state tax is repealed.

LIBERTYVILLE, IL — Libertyville will be among a growing number of communities to replace a state grocery tax with its own local tax starting on Jan. 1. The state grocery tax, which is being eliminated, brings in about $850,000 annually for Libertyville, the Daily Herald is reporting.

Last week, the Libertyville Village Board of Trustees met to discuss extending the tax with thoseopposed to it stating the village has plenty in its rainy-day fund — currently, $13.3 million — and in budget surplus — $6.5 million — to nix the grocery tax of 1 percent, according to the article.

Those in favor, including Mayor Donna Johnson, said the full village board would need to take into account future state mandates, which are currently not funded, that could impact the village's coffers and could be paid for by the grocery tax.

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Trustee Matt Krummick echoed these sentiments, according to the Daily Herald.

“We need what we need and I think at this point it would be foolish to not continue with the grocery tax.” he said.

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