Budget and Capital Process


Goals and Priorities

 
 
 
 

 

Budget

 
 
 
 
 
 
An electric and natural gas tax (Utility Tax) to fund capital improvements was approved at the July 6, 2015 Galesburg City Council meeting. The Utility Tax will generate an estimated $2,350,000 per year and will go into effect on January 1, 2016. 
 
The gas tax rate will be 5% of gross receipts for most customers and for others, $0.05 per therm and 5% of any natural gas service charges. The electric tax rate is based on a tiered scale and is charged per kilowatt-hour (kwh) used, with the rate ranging from 0.61 cents per kwh to 0.305 cents per kwh.
 
A customer with a bungalow built in 1919 with 1,121 square foot on the first floor and 560 square foot on the second floor would pay approximately $99.90 per year for the utility tax.  
 
Additional information is provided below. The Utility Tax Calculator can be utilized to find your estimated utility tax. You can find your energy usage by visiting www.ameren.com and signing into your customer account or creating a new account. 
 
 
 
 
view more

News & Announcements

view more

Local Events

Calendar

May 2016
S M T W T F S
01 02 03 04 05 06 07
08 09 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31
 
Join Our Mailing/Alert List
Follow Us: Facebook Twitter RSS
CITY OF GALESBURG KNOX COUNTY ILLINOIS
City of Galesburg; 55 W. Tompkins Street; Galesburg, IL 61402-1387|Phone: 309-343-4181|Directions|Contact Us|Intranet
©2016 City of Galesburg.|Web site design and development by Americaneagle.com|Privacy Policy|Terms & Conditions|Site Map