Naperville currently does not have its own sales tax, but under home rule authority, it is allowed to implement one.
However, with a projected $14.1 million budget shortfall in the 2010-2011 year, the City Council is considering adding a sales tax as an option for closing the gap.
Other options include raising property taxes, raising gas taxes, deferring road work or taking on more debt. The property tax would have to rise from 71 cents to 89 cents per $100, and road work would get more expensive if it is delayed.
Also under consideration was the reduction of the downtown food and beverage tax if a sales tax is added, as that was part of the agreement when the tax was implemented.
Do you think a sales tax is called for, or is there a better option?
