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2015-66 AMENDING CITY CODE - CHAPTER 51.3 - UTILITY TAXES
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2015-66 AMENDING CITY CODE - CHAPTER 51.3 - UTILITY TAXES
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3/25/2024 3:16:57 PM
Creation date
12/21/2015 8:47:08 AM
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Resolution/Ordinance
Res Ord Num
2015-66
Res Ord Title
AMENDING CITY CODE - CHAPTER 51.3 - UTILITY TAXES
Approved Date
12/7/2015
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(viii) For the next 5,000,000 kilowatt-hours used or consumed in a <br /> month: 0.12852 cents per kilowatt-hour; <br /> (ix) For the next 10,000,000 kilowatt-hours used or consumed in a <br /> month: 0.12648 cents per kilowatt-hour; <br /> (x) For all electricity used or consumed in excess of <br /> 20,000,000 kilowatt-hours in a month: 0.12444 cents per kilowatt-hour; <br /> The tax rates set forth in the preceding table will be used through December 31, 2019, <br /> are proportional and do not exceed the revenues that could have been collected using the rates <br /> enumerated in 65ILCS 5/8-11-2. On January 1, 2020 the tax rates set forth in the following table <br /> will be used, are proportional and do not exceed the revenues that could have been collected <br /> using the rates enumerated in 65ILCS 5/8-11-2. <br /> (i) For the first 2,000 kilowatt-hours used or consumed <br /> in a month: 0.0745 cents per kilowatt-hour; <br /> (ii) For the next 48,000 kilowatt-hours used or consumed <br /> in a month: 0.0488 cents per kilowatt-hour; <br /> (iii) For the next 50,000 kilowatt-hours used or consumed <br /> in a month: 0.0439 cents per kilowatt-hour; <br /> (iv) For the next 400,000 kilowatt-hours used or consumed <br /> in a month: 0.0427 cents per kilowatt-hour; <br /> (v) For the next 500,000 kilowatt-hours used or consumed <br /> in a month: 0.0415 cents per kilowatt-hour; <br /> (vi) For the next 2,000,000 kilowatt-hours used or <br /> consumed in a month: 0.0391 cents per kilowatt-hour; <br /> (vii) For the next 2,000,000 kilowatt-hours used or <br /> consumed in a month: 0.0384 cents per kilowatt-hour; <br /> (viii) For the next 5,000,000 kilowatt-hours used or <br /> consumed in a month: 0.0378 cents per kilowatt-hour; <br /> (ix) Far the next 10,000,000 kilowatt-hours used or <br /> consumed in a month: 0.0372 cents per kilowatt-hour; <br />
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