Wed February 22, 2006
Hike in Telecommunications Tax Approved
Macomb, IL – Macomb aldermen will have a bit more money to work with in the city's next budget. The city council voted 6-0 Tuesday night to hike the telecommunications tax from 2% to 4%. Fifth ward alderman Tim Lobdell was absent from the meeting. Macomb will begin receiving the extra tax money in August. The city estimates the tax will provide it with an additional $116,250 next fiscal year. Mayor Mick Wisslead says the money will go into the city's general fund. It will help fill some holes in the next budget, which goes in effect May 1. Despite the added revenue, Wisslead says the city might still need to cut back on the purchase of vehicles and equipment. He says right now it appears that no jobs will be cut in the next budget, but no positions will be added either.