Lemont holds town hall meeting to discuss sales tax-hike proposal in face of revenue shortfalls
The village of Lemont held a town hall meeting on March 7 to discuss a tax referendum that will be on the ballot next month.
The referendum involves increasing the local sales tax by 1 percent on most purchases other than medicine and groceries, according to Patch. The town hall meeting allowed for questions to be answered.
The village was forced to reduce personnel and reduce a road-repair program due to a shortfall in revenue streams. The village also had to eliminate the general government capital equipment-replacement program.
The village also expects a shortfall in the Fiscal Year 2020 budget, according to Patch.
The sales tax option was proposed because of the shortfall and would help ease the shortfall. Patch reported that approximately 50 percent of the tax burden would be from citizens outside of Lemont and that residents wouldn't bear the entire tax burden.
Voting on the referendum is April 2.