Christmas comes in the spring — for municipal governments, at least.
That bunch of gifts you bought on North Prospect Avenue in December? The sales tax you spent will show up in March in the city's checkbook.
Highs and lows, 2006-2014
The smallest and largest months of sales tax receipts from the state for area cities
Low point: May 2007, 1,922,392.35
High point: March 2007, 3,262,697.37
Farm Ridge, a quilting shop that carries fabrics, sewing machines and more, is coming to Savoy.
The business, owned by Deb Heater of rural Urbana, plans to occupy one of the buildings on the out-lot in front of the Wal-Mart Supercenter.
A grand opening is planned for Feb. 23, said Steve Heater, Deb's husband and business manager.
Q: How much do we pay in taxes on alcohol, tobacco, and gasoline? Can any of those tax payments be deducted on the federal tax return?
A: Taxes on alcohol, tobacco and gasoline are excise taxes. Those generally are imposed per unit measurement of something, rather than as a percentage of its price.
SPRINGFIELD, Ill. (AP) — The state of Illinois' Department of Revenue has new rules this year to target the collection of sales taxes from out-of-state businesses.
CHAMPAIGN — Eight years ago, the city of Champaign tried to bring orderly development to an area that looked like the next big hot spot.
CHRISTOPHER S. RUGABER, AP Economics Writer
Multistory complexes near campus will also have commercial space
Two new apartment complexes have been added to the growing list of residential projects near the University of Illinois.
FISHER — Sandra Wilson knows just about everyone in her hometown of Fisher. Forgive her, though, if it takes her a minute to think of everyone's name.
Their address? Now, that's another matter.
CHAMPAIGN — Hand warmers? Check.
Snowblower? Somewhere in the back of the garage, where it's sat unused since last year.
If you don't have ice melt for your walkway, you might want to add that to your list, too.