Corporate Fund Local Tax Revenue

Local Tax Revenue: Local tax revenue utilized in the Citys corporate fund consists of taxes on utilities,
transactions, transportations, recreation, and businesses. The following breakdown does not include the
Citys Sales Tax or state taxes of which the City receives a portion of the revenue.

Utility Taxes: Taxes on the purchase of telecommunications services, electricity, natural gas, and cable
television. Utility tax revenue, namely revenue from electricity taxes and natural gas taxes, are weather
dependent and vary annually.

Tax Base Rate Last Adjusted

Natural Gas Use Tax Per therm $0.063 2008
Public Utility Taxes under City Authority
 Tax Base Rate Last Adjusted
Cable Franchise Fee Gross cable revenue 5.0% 1996
Electricity Infrastructure Per kilowatt hour $0.0053-$0.00260 1998/1999
Maintenance Fee (0 to > 20,000,000
kWh)
Electricity Use Tax (0 - 20,000,000 Per kilowatt hour $0.0061-$0.00300 1998 residential
kWh) 1999 non-residential
Natural Gas Occupation Tax Gross receipts 8.0% Pre-1995
Telecommunications Telecom charge 7.0% 2009
Public Utility Taxes under State Authority

Transaction Taxes: Taxes include real property transfer tax the transfer of real estate and personal
property lease transaction tax the lease or rental of personal property and short-term lease of motor
vehicles within Chicago. Fluctuations in these revenue sources track closely with the real estate market
and the economy as a whole.

Transaction Taxes under City Authority

Tax Base Rate Last Adjusted
Personal Property Lease Tax
Some Non-Possessory Computer Taxable lease charge 5.25% 2016
Leases
All Other Leases Taxable lease charge 9.0% 2015

Transaction Taxes under State Authority

Tax Base Rate Last Adjusted
Real Property Transfer Tax City Per $500 of transfer $3.75 (City Pre-1995
Portion price paid by the portion)
buyer
Note: There are additional real property transfer taxes charged by CTA, the County, and the State at $1.50, $0.25 and
$.50 per $500 transfer price respectively.
Transportation Taxes: Taxes include taxes on vehicle fuel, parking facilities, and hired ground
transportation.

Transportation Taxes under City Authority

Tax Base Rate Last Adjusted
Ground Transportation Tax
Taxicabs Per month $98 2016
Rideshare Per Trip Fee (Class A or 2016
Per Ride $0.40 or $0.80
Class B)
Rideshare Trips to and from 2016
airports, McCormick, Navy Pier Per Ride $5.00
(Class A and Class B)
Parking Lot and Garage Operations
Tax
 Weekday Parking Per day 22% 2015
Weekend Parking & Valet Tax Per day 20% 2015
Vehicle Fuel Tax Per gallon $0.05 1986

Transportation Taxes under State Authority

Tax Base Rate Last Adjusted
Motor Vehicle Lessor Tax Per rental period $2.75 Pre-1995
Gross automobile rental
Municipal Auto Rental Tax 1.0% Pre-1995
charges

Recreation Taxes: Recreation taxes include taxes on amusement activities and devices, the mooring of
boats, liquor, cigarettes, and non-alcoholic beverages.

Recreation Taxes under City Authority

Tax Base Rate Last Adjusted
Amusement Tax
INITIAL SALE: Live, Cultural Taxable receipts 5.0% 2009
Performance (over 750 capacity)
INITIAL SALE: All other including Taxable receipts 9.0% 2009
sporting events and movies
RESALE: Live, Cultural Performance Full resale price 2.0% 2017
(over 750 capacity)
RESALE: All other Full resale price 3.0% 2017
Note: Cook County also levies an amusement tax. The current rate is 1% to 1.5% on live cultural performances
(capacity of 750 or more) and 3% on all other amusement.
Automatic Amusement Tax Per device $150 2013
Boat Mooring Tax Mooring or docking fee 7.0% 2003 (decreased
from 25%)
Bottled Water Tax Per bottle sold at retail $0.05 2008

Recreation Taxes under City Authority Continued

Tax Base Rate Last Adjusted
Cigarette/Tobacco Taxes
Cigarettes Per pack of 20 cigarettes $1.18 2014
Liquid Nicotine Fluid Per fluid milliliter $0.55 2016
Liquid Nicotine Device Per device $0.80 2016
Note: The effective tax rate for a pack of cigarettes is $7.17 including Federal, State, County and City taxes. The
County also levies an additional $0.20 per fluid milliliter tax on liquid nicotine.
Liquor Tax
Beer Per gallon $0.29 2008
Liquor </= 14% alcohol Per gallon $0.36 2008
Liquor >14% & <20% alcohol Per gallon $0.89 2008
Liquor >/= 20% alcohol Per gallon $2.68 2008
 Tax Base Rate Last Adjusted
Soft Drink Tax
Fountain Soft Drinks Price of soft drink syrup 9.0% 1994
Non-Fountain Soft Drinks Gross receipts 3.0% 1994
Note: As part of the Cook County 2017 budget, the County instituted a $0.01 per ounce soft drink tax.
Recreation Taxes under State Authority

Business Taxes: Include revenue from taxes on hotel accommodations, foreign fire insurance tax, and the
new checkout bag tax.

Business Taxes under City Authority

Tax Base Rate Last Adjusted
Hotel Accommodations Tax
City Rate Taxable room receipts 4.5% 2012
Homeshare Surcharge Taxable room receipts 4.0% 2016
Note: There are multiple different taxes levied on hotel rooms by the State, County, MPEA and Illinois Sports
Facilities Authority. The effective tax rate on hotel rooms is approximately 17.4% depending on the type of room.
Checkout Bag Tax Per disposable bag $0.07 2017

Business Taxes under State Authority

 Tax Base Rate Last Adjusted
Foreign Fire Insurance Tax Fire insurance premium 2.0% 1991