(a) Pursuant to Section 8-11-2 of the Illinois Municipal Code (65 ILCS 5/8-11-2) and any and all other applicable authority, a tax is imposed upon 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:
Kilowatt-Hours Used or Consumed in a Month | Cost Per Kilowatt-Hour | |
First | 2,000 | 0.61 cents |
Next | 48,000 | 0.40 cents |
Next | 50,000 | 0.36 cents |
Next | 400,000 | 0.35 cents |
Next | 500,000 | 0.34 cents |
Next | 2,000,000 | 0.32 cents |
Next | 2,000,000 | 0.315 cents |
Next | 5,000,000 | 0.31 cents |
Next | 10,000,000 | 0.305 cents |
All in excess of | 20,000,000 | 0.30 cents |
(b) This tax is in addition to all taxes, fees and other revenue measures imposed by the Village, the State of Illinois or any other political subdivision of the State.
(Ord. 1998-24. Passed 7-27-98; Ord. 2010-02. Passed 1-11-10.)