Elgon officials weighing alternatives to property tax increase

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A Home Rule Sales Tax, a Local Motor Fuel Tax, an Alcohol Beverage Tax, a Municipal Electricity Use Tax, a Municipal Utility Tax, and a Municipal Use Tax were created as revenue alternatives, Elgin City Manager Richard Kozal said.

The city council asked staff to look at those alternatives to see if increasing any would help avoid a property tax increase next year.

Kozal said Elgin is already at the maximum level of return for the Municipal Electricity Use Tax, Municipal Utility Tax, and Municipal Use Tax.

Currently, the Home Rule Sales Tax is 1.5%. The amount is lower than Carpentersville, at 2%, but higher than West Dundee, East Dundee, Algonquin, and Hoffman Estates. The tax is 1% in those communities.

“These are our neighboring competito