A Word about Property and Sales taxes

Have you ever wondered what it’s like to be a village board member?

It is a difficult task to balance revenue and expenditures, there are many things to know and consider.  Candidate Glenn VadeBobCoeur has been chairman of the finance committee for the past few years.  Below are some of the tax issues that the village staff and board have to consider.

Here is a simple retail tax fact:  Winfield receives 1% of sales tax for most purchases.  In order to yield the village $700,000 annually, which is the amount asked for road repair in last year’s referendum, retail sales would have to be $70 million. $70 million would be a highly performing Target store, according to Business Week magazine.

Here are some simple property tax facts taken from a report by Nadine Alletto, finance director, at a village board meeting: In 2009 Walgreen’s paid $1579.09 in property tax; Prairie Trail Shopping Center paid $ 6,230.73; CVS paid $6,33.48 and Citgo (now a Shell station) paid $317.72.

Property tax rates for Winfield:

DuPage County Clerk’s office report of 2008:

Total tax rate for DuPage communities—including all taxing bodies:  schools, library, township, county etc  Winfield rates #10 out of 34 communities.   Glendale Heights is #1, Hanover Park is #5,  Naperville is #20, Oak Brook is #34

Municipal Tax Rates for DuPage communities—Money paid only to the village of Winfield, not the library not the park district which are their own taxing bodies:  Winfield is #29 out of 34 communities.  Aurora is #1, Elk Grove Village is #5,  Wood Dale is #20, Oak Brook is #34.

(this published information is often one year in arrears)

Please VOTE  April 5th


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About Positive on Winfield

Positive on Winfield is a blog with articles on local issues, local events, and local interests in Winfield, IL. Positive on Winfield is the blog website of the local civic action group, Winfield United for a Better Community.

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