Subsidy Tracker Individual Entry
* Monthly sales were calculated based on the 1% municipal portion sales tax remitted to the Village from the Illinois Department of Revenue. ** The revenue sharing agreement calls for a 50/50 sharing of sales tax revenues generated from gross sales exceeding $2,000,000 each year. The total given to Osco will not exceed $250,000 or 14 years from January 1, 2004, whichever comes first.
Year is year agreement began. Subsidy value is maximum rebate. Project description is verbatim text (including indeterminate amounts) from the Department of Revenue's online compilation of excerpts from local agreements.