Property Tax Rates
Property taxes are an enforceable lien on January 1st on property values assessed as of the same date. Taxes are levied by December of the subsequent Fiscal Year by passage of a Tax Levy Ordinance.
Tax Bills prepared by DuPage County are issued on or about April 1st and payable in two installments on or about June 1st and September 1st. Tax Bills prepared by Cook County are issued on or about February 1st and July 1st and are payable on March 1st and August 1st.
Sales Tax Rates
Taxes on sales of general merchandise within Hanover Park vary by county. As of January 2016, the aggregate rate for sales tax in the Cook County portion of the Village is 9.75%. The aggregate rate for sales tax in the DuPage portion of the Village is 7.75%.
Restaurant meals and other prepared food and beverages are also subject to a 3% Hanover Park Food and Beverage Tax. Call the Hanover Park Finance Department at 630-823-5790 for additional information.
Access the Food and Beverage Tax Registration form (PDF), which is to be used by business (registrants) to register with the Village for the collection and payment of the Village of Hanover Park Food and Beverage Tax.
A tax equal to $0.01 (one cent) per Play on a Video Gaming Terminal goes into effect on January 1st, 2022. The Terminal Operator of a Video Gaming Terminal may separately itemize and charge each Person who Plays a Video Gaming Terminal. This tax is in addition to all other taxes imposed by the State of Illinois or any municipal corporation or political subdivision, including the Village.
Every Terminal Operator of a Video Gaming Terminal(s) located in the Village shall apply for registration as a tax collector with the Village no later than thirty (30) days after commencing such business or thirty (30) days after the effective date of January 1st, 2022.
Push Tax payments accompanied by tax returns prescribed by the Village shall be remitted to the Village on or before the 20th day of the month following the month in which payment for Push Tax is made.
See Ordinance No. O-21-22 for more details.