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Friday, November 22, 2024

Analysis: Sales tax funded 3 percent of City of Dixon budget in 2016

Money 06

The City of Dixon's local sales tax brought in $695,838 in 2016, according to Illinois State Comptroller revenue data. Dixon, population 15,500, relied on its local sales tax to contribute 3 percent of total revenue that year.

Dixon levies a 0.5 percent sales tax. The average of one suburbs in Lee County is 0.5. The high is 0.5 percent; the low is 0.5 percent.

NW Illinois News analyzed the sales tax collections in one Lee County suburbs and found they generated a total of $695,838 in tax revenue in 2016. That was the equivalent of 3% spent by local government.

Below is a list of Lee County municipalities' local tax revenue.

Municipality
Population
Local sales tax rate
2016 revenue from sales tax
Percent of total revenue
City of Dixon
15,500
0.5%
$695,838
3%

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