HOME THINGS TO DO PLACES TO GO WHERE TO SLEEP WHERE TO EAT COMMUNITY GOVERNMENT NEWS MEDIA CENTER FINANCE DEPARTMENT The Finance Department is responsible for recording all day to day financial activities, as well as financial reporting, budgeting, and capital assets for the village departments and all related businesses (Allstate Arena, Rosemont Theatre, Commercial Properties, Rosemont Health and Fitness, Donald E. Stephens Convention Center, Parkway Bank Park, The Dome, The Ballpark, and the Water Department). This includes responsibility for payroll, accounts payable, medical and property & liability insurance, revenue collection, purchasing, tax forms and collection, bonds, and other investments. Information Technology also falls under the direction of the Finance Department. FINANCES General Fund Budget: $52.8 million (2021 Appropriation) Sales Tax Receipts: $10 million (2021 Budget) Median Household Income: $65,057 (2019) Median Home Value: $393,796 (2019) HOTEL ROOMS: 6,085 Average Hotel Occupancy: 24.8% (2020 Pandemic) Generated for the State of Illinois Sales Tax: $20.5 million (2020 estimate) Hotel/Room Tax Generated for the Village of Rosemont: $3.8 million (2020 estimate) Hotel/Room Tax Generated for the State of Illinois: $3.2 million (2020 estimate) Hotel Tax Rate: 14% (6% state, 7% local, 1% Cook County) Sales Tax: general merchandise: 10.25% restaurant: 11.25% 2021 (JULY - DECEMBER) WATER RATES (PER 1,000 GALLONS) Commercial: $11.45 Residential: $5.62 Non-profit: $5.62 For any financial related questions please call Village Hall at 847-825-4404 REAL ESTATE TRANSFER TAX: The Village of Rosemont does not require a transfer tax stamp for Real Estate transactions. Before final closing Please call the Rosemont Public Works Department at 847-698-3744 for a final meter read. DOWNLOADABLE DOCUMENTS Description of the Village Compensation Report 2021 DOWNLOADABLE TAX FORMS Gasoline Tax Form Hotel Tax Form Parking Garage Tax Form Gross Receipts Tax Form for Sales Made on or after April 1, 2021 Amusement Tax Form Amusement Tax Form for Stimulated Skydiving Illinois W-4 W-4 W-9 BECOME AN INSIDER SIGN UP TO RECEIVE OUR NEWSLETTER AND INFORMATION ON UPCOMING EVENTS SIGN ME UP! PRIVACY NOTICE SITE MAP TERMS AND CONDITIONS Rosemont Village Hall 9501 W. Devon Ave. Rosemont, IL 60018 847-825-4404 © 2021 Village of Rosemont. All Rights Reserved.