(A)
A tax is hereby imposed upon all persons engaged in the business
of selling tangible personal property at retail in this City at the
rate of 1% of the gross receipts from such sales made in the course
of such business while this article is in effect, in accordance with
the provisions of 65 ILCS 5/8-11-1 et seq. of the Illinois Municipal
Code.
(B)
A tax is hereby imposed upon all persons engaged in this municipality
in the business of making sales of service at the rate of 1% of the
cost price of all tangible personal property transferred by such servicemen,
either in the form of tangible personal property or in the form of
real estate as an incident to a sale of service, in accordance with
the provisions of 65 ILCS 5/8-11-1 et seq. of the Illinois Municipal
Code.
(C)
A tax is hereby imposed upon the privilege of using in this municipality
any item of tangible personal property which is purchased outside
Illinois at retail from a retailer, and which is titled or registered
with any agency of the state, at the rate of 1% of the selling price
of such tangible personal property, in accordance with the provisions
of 65 ILCS 5/8-11-1 et seq. of the Illinois Municipal Code.
Every such person engaged in such business or service in the
City shall file on or before the last day of each calendar month the
report to the State Department of Revenue required by the Illinois
Compiled Statutes and approved and more particularly as set forth
under Section 3 of "An Act in Relation to a Tax Upon Persons Engaged
in the Business of Selling Tangible Personal Property to Purchasers
for Use or Consumption" and under Section 9 of the Service Occupation
Tax Act (65 ILCS 5/8-11-5).
At the time such report is filed there shall be paid to the
State Department of Revenue the amount of tax hereby imposed on account
of the receipt from such sales during the preceding month.
The exclusions set forth by statute for machinery and equipment
used directly and exclusively in the manufacture of tangible personal
property for resale shall not apply to the taxes imposed by this chapter.
A tax is hereby imposed for the purpose of police protection
on all the taxable property in the City at a rate of 0.075% of the
value as equalized or assessed by the Department of Revenue for all
taxable property therein, in all succeeding years, all in accordance
with the provisions of 65 ILCS 5/11-1-3 of the Illinois Municipal
Code.
