Analysis: Sales tax funded 0 percent of Village of Elwood budget in 2016
The Village of Elwood's local sales tax brought in $122,127 in 2016, according to Illinois State Comptroller revenue data. Elwood, population 2,279, relied on its local sales tax to contribute 0 percent of total revenue that year.
Elwood levies a 1 percent sales tax. The average of six suburbs in Will County is 1.04. The high is 1.75 percent; the low is 0 percent.
Will County Gazette analyzed the sales tax collections in six Will County suburbs and found they generated a total of $18,792,414 in tax revenue in 2016. That was the equivalent of 8% spent by local government.
Below is a list of Will County municipalities' local tax revenue.
2016 revenue from sales tax
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Village of Bolingbrook
Village of Channahon
Village of Crete
Village of Elwood
Village of Monee
Village of Shorewood