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Included - Village of Huntley

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Simplified Telecommunications Tax<br />

This tax is collected for the use <strong>of</strong> all <strong>of</strong> the public right-<strong>of</strong>-ways located within the <strong>Village</strong> by providers<br />

<strong>of</strong> telecommunications services. The <strong>Village</strong> <strong>of</strong> <strong>Huntley</strong> rate is 6% <strong>of</strong> gross receipts on l ocal, longdistance,<br />

and wireless calls from each service address within the <strong>Village</strong>, and for services originating<br />

from or transmitted into the <strong>Village</strong> corporate limits. The total 2013 budget <strong>of</strong> $795,000 is allocated as<br />

follows; General Fund: $145,000, Municipal Buildings Fund: $410,000, and Tollway/Interchange Fund:<br />

$240,000. Collections as <strong>of</strong> March 31, 2013 are $195,859 or 24.64% <strong>of</strong> the 2013 budget.<br />

$800,000<br />

$700,000<br />

$600,000<br />

$500,000<br />

$400,000<br />

$300,000<br />

$200,000<br />

$100,000<br />

Telecom Tax Revenue History<br />

General Fund<br />

Municipal Buildings Fund<br />

Tollway/Interchange Fund<br />

$0<br />

2007<br />

Actual<br />

2008<br />

Actual<br />

2009<br />

Actual<br />

2010<br />

Actual<br />

2011<br />

Actual<br />

2012<br />

Actual<br />

2013<br />

Budget<br />

2013<br />

YTD<br />

Building Permits<br />

Building permits and administrative fees for the 2013 f iscal year are based on t he construction <strong>of</strong><br />

residential and commercial buildings. Fees are based on the square footage <strong>of</strong> the structure. Revenues as<br />

<strong>of</strong> March 31, 2013 are $224,848.35 or 49.9% <strong>of</strong> a conservative budget amount <strong>of</strong> $450,000.<br />

Building Permit History<br />

$2,000,000<br />

$1,800,000<br />

$1,600,000<br />

$1,400,000<br />

$1,200,000<br />

$1,000,000<br />

$800,000<br />

$600,000<br />

$400,000<br />

$200,000<br />

$0<br />

2007<br />

Actual<br />

2008<br />

Actual<br />

2009<br />

Actual<br />

2010<br />

Actual<br />

2011<br />

Actual<br />

2012<br />

Actual<br />

2013<br />

Budget<br />

2013 YTD<br />

05.02.13 COW Minutes

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