Local/State Taxes

Local Tax Rates: Danville Township

 
Taxing unit         2010 payable in 2011
Township         0.4326%
City         1.9795%
County         1.4142%
School         5.0308%
Total         10.1252%
Equalizer         1.000%

Major Illinois Taxes

 
Property Tax State Average: 9.12%
Vermilion County Average: 8.65%
*2008 payable in 2009 equalization factor  
*32.24 % of real property
0.0% equipment
0.0% machinery
0.0%   inventory
Sales Tax State: 6.25%
Vermilion County: 0.25%
Danville: 8.75%  
General merchandise
Gasoline .39 cents Per gallon sold
Corporate Income 7% Income apportioned to IL
Individual Income 3% Income reported on federal return
Unemployment Compensation 2010 New Employers Range: 0.7– 8.4%     New employers: 3.80%
Construction new employer 4.5%.
Rate included.
Worker's Compensation Premium * State Average 3.05% overall rate Payroll