Richmond boosts fees, adds 2 new utility taxes
RICHMOND – In an effort to bring in more revenue, the village of Richmond has doubled some of its fees and added new taxes.
As part of its budgeting process, the Richmond Finance Committee has been evaluating its fees, comparing them with other area communities. The Village Board approved its recommendations at its last meeting.
It doubled vehicle registration stickers, making them $15 for seniors and $20 for everyone else. The increase will bring in an additional $1,800 each year.
It also doubled the telecommunications tax to 6 percent, the maximum allowed under state law, from 3 percent, effective July 1. The tax affects telephone and Internet services.
The village also established two new utility taxes on electricity and gas.
Residents will pay 0.61 cents per kilowatt hour for the first 2,000 kilowatt hours used in a month.
Additional kilowatt hours are charged on a descending scale. The new gas tax is set at 5 percent.
On average, households in Illinois used 770 kilowatt hours per month in 2010, according to the U.S. Energy Information Administration. That would translate to $4.70 a month in new taxes.
The Finance Committee will conduct its first full review of the proposed budget for the fiscal year, which starts May 1, at its next meeting.
The meeting is scheduled for 4:15 p.m. Tuesday at Richmond Village Hall, 5600 Hunter Drive.