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SECTION 2.1001. TAX RATE SCHEDULE.
   The rate of taxes imposed pursuant to the provisions in Chapter 19 of this Code of Ordinances are as set forth in the following Tax Rate Schedule:
   TAX RATE SCHEDULE
 
Article
Code Section
Amount of Fee
Chapter 19: Taxation
Article I. Hotel-Motel Tax
19.102 Levied
Five percent (5%) of the rental or leasing charge for any hotel or motel accommodation in the Village.
Article II. Real Estate Transfer Tax
19.201 Transfer Tax Imposed
Five Dollars ($5) for every One Thousand Dollars ($1,000) Value or fraction thereof as stated in the declaration and said tax shall be in addition to any other tax imposed by the State of Illinois or any other political subdivision thereof.
Article IV. Simplified Municipal Tele- communications Tax
19.401 Tax Imposed
Six percent (6%) of the gross charges for such telecommunications purchased at retail from a retailer
(Ord. 852, passed 10-20-2020)