The Village of Algonquin, IL
Welcome to the website for the Village of Algonquin!
Taxes & Fees
Below is information about various taxes applicable in the Village of Algonquin, including Sales Tax, Property Tax, Telecommunications Tax, and Utility Taxes. Please review the details provided for each tax category for a better understanding of the rates and fees associated with different services.
View the Village of Algonquin Penalty, Salary, Bonds, and Fees to learn more.
Sales Tax
County | Category | General Merchandise | Qualifying Food & Drug | Vehicle |
Kane County | State | 6.25% | 1.00% | 6.25% |
Home Rule | 1.00% | – | – | |
Regional Transportation Authority (RTA) | 0.75% | 0.75% | 0.75% | |
Total Sales Tax | 8.00% | 1.75% | 7.00% | |
McHenry County | State | 6.25% | 1.00% | 6.25% |
Home Rule | 1.00% | – | – | |
Regional Transportation Authority (RTA) | 0.75% | 0.75% | 0.75% | |
McHenry County Mental Health Board (MHB) | 0.25% | 0.25% | 0.25% | |
Total Sales Tax | 8.25% | 2.00% | 7.25% |
Property Tax
Levy Year | Rate* |
2019 | 0.570 |
2020 | 0.571 |
2021 | 0.565 |
2022 | 0.545 |
2023 | 0.526 |
Note: Rate is per $100 of assessed valuation.
Telecommunications Tax
Category | Rate |
State | 7.00% |
Local | 6.00% |
Total Telecommunications Tax | 13.00% |
Utility Taxes
For Natural Gas consumption, a utility tax of $0.0103 per therm is assessed.
Utility taxes for Electricity consumption are a follows:
- For the first 2,000 Kilowatt-hours (“Kwh”) used or consumed in a month, .459 cents per Kwh;
- For the next 48,000 Kwh used or consumed in a month, .301 cents per Kwh;
- For the next 50,000 Kwh used or consumed in a month, .271 cents per Kwh;
- For the next 400,000 Kwh used or consumed in a month, .264 cents per Kwh;
- For the next 500,000 Kwh used or consumed in a month, .256 cents per Kwh;
- For the next 2,000,0000 Kwh used or consumed in a month, .241 cents per Kwh;
- For the next 2,000,000 Kwh used or consumed in a month, .237 cents per Kwh;
- For the next 5,000,000 Kwh used or consumed in a month, .233 cents per Kwh;
- For the next 10,000,000 Kwh used or consumed in a month, .230 cents per Kwh;
- For all electricity consumed or used in excess of 20,000,000 Kwh in a month, .226 cents per Kwh.
Note: This information is provided for illustrative purposes only. Please refer to the Algonquin Municipal Code for additional detail.