Informational meeting to be held on possible sales tax increase
MORRIS – An informational meeting is planned for Tuesday to discuss the idea of a 1 percent sales tax increase in Grundy County.
The question of a sales tax increase in Grundy County is in the early stages of discussion and the school districts in the county are working locally to determine if there is enough need to pose the question of a tax increase to local voters, according to a news release from event organizers.
The County School Facility Tax Information Meeting will start at 7 p.m. at the Grundy County Administration Building, 1200 Union St., Morris. The meeting is co-hosted by the Grundy County Chamber and the Grundy Economic Development Council.
Experts will discuss the local impact and attendees can ask questions and get feedback. State law allows county voters to approve a sales tax to fund school facility costs, with a maximum allowable tax is 1 percent.
Everything in the municipal and county sales tax base is included in the tax base except for cars, trucks, ATVs, boats, RVs, mobile homes, unprepared food, drugs (including over-the-counter and vitamins), farm equipment and parts, and farm inputs, according to the news release.
School districts can use sales tax revenue for capital projects. The meeting is open to all business owners and managers as well as county residents.