Motor Fuel Tax Increase Approved in Monmouth

Share

The primary funding mechanism to repair roads is taken from what is called Motor Fuel Tax. The small tax is imposed at the fuel pump by the State of Illinois and then divvied out to the various governmental units. The Monmouth City Council reviewed a proposed ordinance to impose a $.01 fuel tax on every gallon pumped.

After some discussion, the council voted to amend the ordinance to $.02 cents per gallon. City Administrator Lew Steinbrecher discussed the potential revenue this could generate for Monmouth:

“We had estimated that one cent per gallon would generate $22,000, so two cents would generate about 44 (thousand). That’s about enough to do about a block a year,” he said.

Monmouth has not had an increase in their Motor Fuel Tax in 12 years despite the climbing costs of road repairs. Based on prior projects, the average road repair and resurfacing project falls between $50,000-75,000 per block. The proposed tax will start on Sept. 1.

For more information on the latest City news, visit their website at cityofmonmouth.com.

written by Jackson Kane

Spread the word

Trending Now

Featured News Podcasts

Subscribe to our Community Newsletter

By submitting this form, you are consenting to receive marketing emails from: Prairie Communications, 55 Public Square, Monmouth, IL, 61462, https://977wmoi.com/. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Choose a Category

Continue Reading

Alexis Community Fund Opens 2023 Grant Cycle

The Alexis Community Fund Advisory Board is accepting applications for its 2023 grant cycle from February 1 through March 10. This grant opportunity funds projects that shape the future and