(A) A tax is imposed on all persons engaged in the following occupations or privileges:
(1) Persons engaged in the business of distributing, supplying, furnishing or selling gas for use or consumption within the corporate limits of the village, and not for resale, at the rate of 5% of the gross receipts therefrom; and
(2) (a) Persons engaged in the business of distributing, supplying, furnishing or selling electricity for use or consumption within the corporate limits of the village, and not for resale, at the rate of 5% of the gross receipts therefrom; provided, however, that:
1. Effective August 1, 1998, the tax imposed pursuant to this division (A)(2) with respect to gross receipts received from residential customers shall be superseded and replaced with the tax imposed pursuant to division (A)(2)(b) below; and
2. Effective upon the first bill issued for delivery services in accordance with § 16-104 of the Public Utilities Act (ILCS Ch. 220, Act 5, § 16-104), as supplemented and amended, but in no case later than the last bill issued before December 31, 2000, the tax imposed pursuant to this division (A)(2) with respect to gross receipts received from any nonresidential customers shall be superseded and replaced with the tax imposed pursuant to division (A)(2)(b) below.
(b) The privilege of using or consuming electricity acquired in a purchase at retail and used or consumed within the corporate limits of the village at the following rates, calculated on a monthly basis for each purchaser:
1. For the first 2,000 kilowatt-hours used or consumed in a month: 0.5458 cents per kilowatt-hour;
2. For the next 48,000 kilowatt-hours used or consumed in a month: 0.3579 cents per kilowatt-hour;
3. For the next 50,000 kilowatt-hours used or consumed in a month: 0.3221 cents per kilowatt-hour;
4. For the next 400,000 kilowatt-hours used or consumed in a month: 0.3131 cents per kilowatt-hour;
5. For the next 500,000 kilowatt-hours used or consumed in a month: 0.3042 cents per kilowatt-hour;
6. For the next 2,000,000 kilowatt-hours used or consumed in a month: 0.2863 cents per kilowatt-hour;
7. For the next 2,000,000 kilowatt-hours used or consumed in a month: 0.2818 cents per kilowatt-hour;
8. For the next 5,000,000 kilowatt-hours used or consumed in a month: 0.2774 cents per kilowatt-hour;
9. For the next 10,000,000 kilowatt-hours used or consumed in a month: 0.2729 cents per kilowatt-hour; and
10. For all electricity used or consumed in excess of 200,000,000 kilowatt-hours in a month: 0.2684 cents per kilowatt-hour.
(B) The tax rates imposed upon the kilowatt-hour categories set forth in division (A)(2)(b) above are hereby found and determined by the corporate authorities to have the same proportional relationship to the maximum rates specified in the Act and are not in excess of rates reasonably calculated to produce revenues that equal the maximum total revenues the village could have received under division (A)(2)(b) above in calendar year 1997, provided that this finding and determination shall not be a limitation on the amount of tax revenues actually collected by the village.
(Ord. 98-7-1, passed 7-28-1998) Penalty, see § 32.99