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Lake County Gazette

Wednesday, December 18, 2024

Analysis: Sales tax funded 9 percent of Village of Deer Park budget in 2016

Money 02

The Village of Deer Park's local sales tax brought in $424,452 in 2016, according to Illinois State Comptroller revenue data. Deer Park, population 3,228, relied on its local sales tax to contribute 9 percent of total revenue that year.

Deer Park levies a 1 percent sales tax. The average of eight suburbs in Lake County is 0.81. The high is 1.25 percent; the low is 0 percent.

Lake County Gazette analyzed the sales tax collections in eight Lake County suburbs and found they generated a total of $33,265,156 in tax revenue in 2016. That was the equivalent of 10% spent by local government.

Below is a list of Lake County municipalities' local tax revenue.

Municipality
Population
Local sales tax rate
2016 revenue from sales tax
Percent of total revenue
Village of Gurnee
31,284
1%
$9,454,451
16%
Village of Vernon Hills
25,911
0.25%
$3,197,930
9%
Village of Volo
2,929
1%
$656,893
12%
City of Waukegan
88,915
1.25%
$13,543,634
10%
Village of Mundelein
31,064
1%
$3,948,348
8%
Village of Deer Park
3,228
1%
$424,452
9%
Village of Lake Bluff
5,722
1%
$837,771
6%
Village of Round Lake Beach
28,093
0%
$1,201,677
5%

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