City of Glencoe local sales tax imposition authorization
Referred to Taxes
Summary
The bill lets the city of Glencoe levy a sales and use tax of up to one‑half of one percent, pending voter approval, to pay for specific park upgrades and a trail network. Revenues can also be used to issue up to $2.725 million in bonds to cover project costs, and the tax expires after 15 years or when the projects are paid for. Any leftover money after the tax ends goes to the city’s general fund.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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