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 said 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 5/8-11-5.
Every supplier or service person required to
account for municipal service occupation tax for the benefit of this
municipality shall file, on or before the last day of each calendar
month, the report to the State Department of Revenue required by Section
Nine of the Service Occupation Tax Act, approved July 10, 1961, as amended.
At the time such report is filed, there shall
be paid to the State Department of Revenue the amount of tax hereby
imposed.