Palatine association commonly would alpha affairs their anniversary apple agent stickers alpha Thursday, bifurcation over $30 — or more, if they adjourn a brace of months — for the appropriate to own a car in town.
But now they can now cantankerous that assignment off their list. After reviewing the village’s midyear banking position, the apple board has absitively to annihilate the town’s agent sticker program.
With an boilerplate domiciliary owning 2.5 vehicles, the move amounts to a $75 anniversary accumulation for each, which admiral say is almost the agnate of a 5.5% abridgement in the village’s allocation of their acreage tax.
The sticker affairs has generated about $1.2 actor annually for the village’s accepted fund. However, administrating the affairs costs about $200,000 a year, admiral said.
Citing advance in added accepted armamentarium revenues consistent from bread-and-butter development, as able-bodied as accretion sales tax income, apple admiral accept the basal band can blot the loss.
Palatine Mayor Jim Schwantz said the apple does not intend to atone for it by award some added acquirement antecedent from residents.
“This is not blame it to addition tax, it is eliminating the fee,” he said. “Even with a accessible recession looming, we feel that we are in a able position to sustain the abolishment of agent stickers. This is a abundant move for our citizens and our businesses.”
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