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Payments to Local Governments Fiscal Year 2004

 
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 Description:  2004 Payments to Local Governments discusses taxes collected by the Illinois Department of Revenue which are disbursed to local governments in two ways. Some taxes are disbursed both to the State of Illinois and to local governments and taxing bodies based on formulas established in the tax acts. For purposes of this document, these disbursements are called revenue-sharing. Some taxes are disbursed solely to local governments or taxing bodies who impose taxes that the department is required to collect. The following text identifies the tax rate for the specific tax and how the amount disbursed is determined. Note: Motor fuel tax is disbursed by the Illinois Department of Transportation. 
 Date Created:  02 07 2005 
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 ISL ID:  000000001696   Original UID: 1648 FIRST WORD: Payments