Jul. 23—Naperville's restaurants and bars have come surging back with the loosening of pandemic restrictions, and the proof is in the tax money.
The city is reporting the food and beverage tax collected in May was
“Even more impressive is the fact that the
Mayer presented the latest numbers to the
What they show is in addition to a stellar month in May, the city's income from food and beverage taxes has been steadily growing since January, when
In February, the revenue collected was
The May number was the first time since
“Just incredible how the city has rebounded — not even rebounded, but just navigated through the pandemic with such stability. Excellent news really,” Chirico said.
“I'm walking through downtown
There was also a big increase in gas tax money going into city coffers.
Mayer said she plans to present hotel/motel tax revenue numbers next month.
“We do anticipate with the large gatherings like weddings and the increase in air travel seen through federal
State-collected revenue paid to the city from sales, motor fuel and income taxes has exceed the city's budget projections by more than 14% for the first six months of the year, Mayer said.
Overall, the city's revenue of
City expenses for the first half of 2021 were
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