A tax is imposed on all persons engaged in the following occupations or privileges:
(A) Persons engaged in the business of distributing, supplying, furnishing, or selling gas for use or consumption within the city and not for resale, at the rate of 5% of the gross receipts therefrom;
(B) (1) The privilege of using or consuming electricity acquired in a purchase at retail or used or consumed within the corporate limits of the City of Wood River at the following rates, calculated on a monthly basis for each purchaser using a proportional rate promulgated pursuant to 65 ILCS Sec. 5/8-11-2(3), (as modified by Public Act 90-561):
For the first 2,000 kilowatt-hours used or consumed in a month | .61 cents per kilowatt-hour |
For the next 48,000 kilowatt-hours used or consumed in a month | .40 cents per kilowatt-hour |
For the next 50,000 kilowatt-hours used or consumed in a month | .36 cents per kilowatt-hour |
For the next 400,000 kilowatt-hours used or consumed in a month | .35 cents per kilowatt-hour |
For the next 500,000 kilowatt-hours used or consumed in a month | .34 cents per kilowatt-hour |
For the next 2,000,000 kilowatt-hours used or consumed in a month | .32 cents per kilowatt-hour |
For the next 2,000,000 kilowatt-hours used or consumed in a month | .315 cents per kilowatt-hour |
For the next 5,000,000 kilowatt-hours used or consumed in a month | .31 cents per kilowatt-hour |
For the next 10,000,000 kilowatt-hours used or consumed in a month | .305 cents per kilowatt-hour |
For all electricity used or consumed in excess of 20,000,000 kilowatt-hours in a month | .30 cents per kilowatt-hour |
(2) The tax rates set forth in the preceding table will be used at least through December 31, 2008, are proportional and do not exceed the revenue that could have been collected during 1997 using the rates enumerated in 65 ILCS 5/8-11-2 (as modified by Public Act 90-561).
(C) Pursuant to 65 ILCS 5/8-11-2, the rates set forth in division (B) above shall be effective:
(1) Upon the date of approval by the Council for residential customers; and
(2) For nonresidential customers on the date of the first bill issued pursuant to 220 ILCS 5/16-104, but in no case later than the last bill issued to that customer before December 31, 2000 pursuant to ILCS 5/16-104.
(D) Until such time as division (B) above becomes applicable for nonresidential customers pursuant to division (C) above, persons engaged in the business of distributing, supplying, furnishing, or selling electricity for use or consumption within corporate limits of the city, and not for resale, at a rate of 5% of the gross receipts therefrom for nonresidential customers.
(E) In the event that Public Act 90-561 is declared unconstitutional, or if § 38.22 is voided by court action, the tax for the privilege of using or consuming electricity acquired in a purchase at retail or used or consumed within the city shall be at 5% of gross receipts.
(Prior Code, § 127.02) (Ord. 00-5, passed 5-1-2000; Ord. 00-14, passed 9-5-2000; Ord. 15-06, passed 8-3-2015; Ord. 18-02, passed 1-16-2018)