(A) The fee for each single event license shall be as set forth in the following schedule.
(1) Class A. Where the aggregate value of all prizes awarded in any raffle does not exceed $500, the license fee shall be $10.
(2) Class B. Where the aggregate value of all prizes awarded in any raffle is greater than $500, but does not exceed $5,000, the license fee shall be $20.
(3) Class C. Where the aggregate value of all prizes awarded in any raffle is greater than $5,000 but does not exceed $50,000, the license fee shall be $50.
(4) Class D. Where the aggregate value of all prizes awarded in any raffle is greater than $50,000, the license fee shall be $100.
(B) The fee for an annual license shall be as set forth in the following schedule.
(1) Where authorized under the terms of an annexation agreement and during its effective period, an annual raffle license, for the period beginning on January 1 of any year and ending December 31 of the same year, shall permit the conduct of a raffle or raffles for a single event not to exceed $1,000; the maximum retail value of a non-cash prize not to exceed $1,000.
(2) Such license shall permit up to 200 events, the aggregate value of all prizes awarded annually not to exceed $32,000.
(3) The fee for the annual license shall be $100. Annual licenses shall not be pro-rated as to term or fee.
(C) The fee for a raffle license may be waived by an affirmative vote of the corporate authorities. Each raffle license shall be valid for the duration of the contest. All raffle license fees waived for non-profit organizations since 1990 shall automatically be waived in subsequent years; provided that, all proceeds of the raffle shall benefit the residents of the Village of Carol Stream and that the organization submits all appropriate documentation as required in this article. A maximum of three licenses per non-profit organization per year shall be eligible for the fee waiver.
(Ord. 92-06-65, passed 6-9-1992; Ord. 2000-04-27, passed 4-3-2000; Ord. 2009-06-31, passed 6-15-2009)