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Excerpt from www.myjournalcourier.com
Jacksonville stands to lose about $500,000 if a 1% grocery sales tax is repealed.
Gov. J.B. Pritzker announced in February his intention to repeal the grocery tax to provide consumers some relief from inflation, but municipalities are worried a repeal will mean less funding for services provided by local governments.
Jacksonville’s roughly $500,000 goes into the general fund and loss of that revenue would mean budget cuts all around, treasurer Beth Hopkins said.