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For example, sales tax in Chicago (Cook County), IL is 10.25%, consisting of 6.25% state, 1.25% city, 1.75% county and 1% regional transportation authority. Chicago also has the Metropolitan Pier and Exposition Authority tax on food and beverage of 1% (which means eating out is taxed at 11.25%).
Cook County is the fifth-largest employer in Chicago. [29] In March 2008, the County Board increased the sales tax by one percent to 1.75 percent. This followed a quarter-cent increase in mass transit taxes. In Chicago, the rate increased to 10.25 percent, the steepest nominal rate of any major metropolitan area in America.
The RTA sales tax was increased to 1.25% in Cook County, and 0.75% in the collar counties (from 1% and 0.25%, respectively), but one-third of the sales tax collected in the collar counties (i.e. 0.25%) is distributed directly to the counties [39] and the county boards may use that money for transportation or public safety purposes. [40]
Cook County’s budget has increased from $5.2 billion in fiscal year 2018 to $9.94 billion for 2025. ... like sales taxes, and expenditure reductions, like lower than anticipated health care and ...
On November 8, 2016, Illinois voters approved the Illinois Transportation Taxes and Fees Lockbox Amendment, a legislatively referred constitutional amendment that prohibits lawmakers from using transportation funds for anything other than their stated purpose.
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A football stadium tax which expired December 31, 2011, but still has a mass transit tax, and scientific and cultural facilities tax. The total sales tax varies by city and county. Total sales tax on an item purchased in Falcon, Colorado, would be 5.13% (2.9% state, 1.23% county, and 1% PPRTA). The sales tax rate in Larimer County is roughly 7.5%.
Cook County Board President Toni Preckwinkle announced Wednesday that second installment property tax bills for the 2022 tax year are expected to be ready Nov. 1 and due Dec. 1.