The Village of Cherry Valley unanimously approves a motion to ask residents to vote to extend a sales tax.
The village board will now place the question to continue the 1% levy on the March 17, 2020 official ballots for the Village of Cherry Valley in Boone & Winnebago Counties.
The 1% sales tax levy was first approved by residents in 2010 but the current measure is set to expire in 2021. If passed by voters, the village’s sales tax would remain at the current 8.25%.
Cherry Valley doesn’t levy a property tax on property owners and completely relies on sales tax dollars.
The money goes towards municipal operations and capital improvement projects, like the 50 streets the village has resurfaced in the last nine years with the tax funds.
Village President Jim Claeyssen says residents’ support on continuing the 1% tax on the March ballot will be crucial to future operations
“Most of these taxes are paid by other people,” said Claeyssen. “People that come here to shop at the mall district, that travel through the village. They’re not all paid by the citizens of Cherry Valley.”
The Village of Cherry Valley says it plans on having an informational meeting after the holidays. Residents will be notified and welcomed to attend.