All Cook County residents would have to buy a $40 vehicle sticker for each car they own under a proposal two County Board commissioners are floating to help plug a budget deficit now pegged at $238 million.
Three-fifths of the revenue would be dedicated to the county health fund, where the deficit is $113 million, Moreno said..... (more)
PLEASE NOTE: To help meet the 2008 budgetary shortfall, the Chicago City Council approved increases for certain vehicle sticker prices. These new vehicle sticker prices take effect on January 1, 2008 and are:
Larger Passenger (4,500 pounds or more)…$120
Truck A (16,000 pounds or less)…$180
Truck B (over 16,000)...$420.00 (not sold online)
Truck C - is eliminated
Effective January 1, 2008, Truck A vehicle stickers cover all trucks and pickup trucks with a gross vehicle weight of 16,000 pounds or less and Truck B vehicle stickers cover all vehicles over 16,000 pounds.
With a new pricing structure from the City of Chicago and recommendation for a new "wheel Tax" for the Cook County the cost to own becomes excessive.
Assume you own a pick up truck, you will be writing checks to the state, county and city for:
Plate registration ..............$78.00
New proposed county sticker......$50.00
New city sticker cost...........$180.00
For the privilege to own........._________
Now you want to drive? Fuel taxes.
In Illinois the total federal and state tax on gasoline is 48.4 cents per gallon, Cook County adds an additional 6 cents per gallon and Chicago adds 5 cents per gallon. Drive a pick up in Chicago and it could cost you $320.00 just to own the vehicle each year, fuel it in Chicago and you will be taxed 59 cents a gallon. If your truck gets approximately 16-18 mpg and you drive a minimum 12,000 miles in a year you are looking at an additional $400 per year just in fuel taxes. Enough already!