In 2015, the Village Council identified Create an Economic Development Plan to Enhance the Sales Tax Base as a Top Priority Action Item. The goal of the plan is to increase the Village's sales tax base (gross annual retail sales measured in dollars) and total sales tax revenue. The plan is scheduled to be completed no later than March 31, 2016.
This plan is based on an AECOM Competitive Retail Alignment Study commissioned by the Downers Grove Economic Development Corporation (EDC). AECOM completed a retail market analysis and assessment of Downers Grove's performance in the trade area. This report, plus a report prepared by Village staff regarding 2015 sales tax performace, can be found HERE.
Meeting and Discussion
The Village Council will discuss the plan for enhancing the sales tax base on Tuesday, March 22, 2016, at 7:00 p.m. at Village Hall. The public is invited to read the reports and come to the Council meeting or send comments regarding this or any current agenda item with rEmarks,the online agenda commenting tool.