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Document Identification
Title
Economic Opportunity (1 2006, 11 June)
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- Office of the Illinois Treasurer e-newsletter (EconomicOpportunityE-NewsletterJuly2006.pdf)
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Description
Through our E-newsletter, we'll share new programs that are being developed, as well as changes to our programs and success stories. The articles in this issue are: Distribution of the IL State Sales Tax, The Illinois Funds 2006 Seminar, Commission on Government Forcasting, Small Business Illinois Tax Helpline, The EDC Report and Smart Women Smart Money Conferences.
Subject Classification
- Business and industry: Economic development
- Business and industry: Investment
- Government finance and taxes: Government revenues: Taxes
- Government finance and taxes: Government revenues: Taxes: Sales taxes
- State government: Elected state officials: Illinois Treasurer
- State government: State finance
Sample text from the file
.Office of the Illinois State Treasurer Judy Baar Topinka Division of Economic Opportunity Springfield Office Chicago Office West Jefferson Street West Randolph, Suite 15-600 Springfield, IL Chicago, IL Fax 217-557-6439 Fax 314-814-3716 Volume 1, Issue 1, Issue Volume 1, Issue state and local governments. The Build Illinois Program uses the sales tax diversion to pay for the state bonds issued for economic development and infrastructure projects. It should be noted that portion of the sales taxes diverted to the Build Illinois Fund throughout the year is in excess of the amount required to pay debt service. Once the debt service is paid the state may direct the trustee to transfer the excess dollars back to the General Revenue Fund. Sales taxes are also used to support local mass transit and tax increment financing districts. large portion is reserved for elementary and secondary education. The state sales tax is first divided based on the 80% 20% split with the local share distribute
Issuing Agency
Illinois
Office of the State Treasurer
Program: Division of Economic Opportunity
Contact
Organization: Office of the Illinois State Treasurer
300 West Jefferson Street
Springfield, IL 62702
Phone: 217-557-6439
Document Descriptive Information
File Data
- Language(s): EN-English
- Creation Date (from issuing agency): 07 25 2006
- Document Modification Date (from issuing agency): 07 02 2006
- Date Accepted Into Depository: Wed, 20 Jun 2007 15:55:03 GMT
- Checksum Algorithm: MD5 SHA1
- Document File Checksum:
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