Galesburg May Soon Institute a Business License Ordinance

November 8, 2011

City officials are discussing the possibility of requiring business licenses from all Galesburg business owners. While the business license system would generate funds for the city, an estimated $50,000 annually, money won’t be the main reason for passing this ordinance. City officials feel that requiring a Galesburg, IL business license from every local business would give them a means of keeping tabs on the city’s businesses.

As Stephen Di Benedetto explained in Galesburg.com, “If approved, the license would allow the city to make sure businesses are complying with local ordinances and workers compensation requirements. It also would allow the city to better track sales tax payments made to the city. Non-compliance penalties would come in the form of fines that have not yet been established. The city could have the power to revoke the license and possibly close the business if it starts falling behind on sales tax payments.”

Although the proposed fee for the business licenses is a mere $25, an outsider’s poll on business owners’ reactions to this proposed tax has resulted in unfavorable feedback, with 63% of the 386 voters voting against the business license tax.

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