Community Development - Sales Tax Revenue Sharing Program

The City created the Sales Tax Revenue Sharing Program in 2000 to assist its existing business community with expansion projects and to also support new construction projects by new and current businesses within the community. The program allows for the City to share local sales taxes with a City business as a financial incentive on a commercial expansion or new construction project. It also allows the City to maintain a viable sales tax base and promote employment opportunities for area residents.

The Community Development Department reviews all applications and then makes a recommendation to City Council for their approval.

The City of Countryside currently has sales tax revenue sharing agreements in place with the following City businesses (agreement start dates in parentheses):

• Continental Jeep Inc. – Expansion/New Construction of 32,000 sq. ft. facility at 5800 LaGrange Rd. (2001)
• Dominick’s Finer Foods Inc. – Expansion/New Construction of 20,295 sq. ft. facility at 6704 Joliet Rd. (2001)
• Home Depot USA, Inc. – Expansion/New Construction of 113,000 sq. facility in Countryside Plaza, LaGrange Rd. (2003)
• Simon Property Group - Countryside Plaza Re-Development (2005)