January 1, 2024 will begin a new tax bill for certain businesses in Peoria after a random audit conducted about six months ago revealed an issue.The auditor discovered a dance studio was not paying a transaction privilege tax commonly called sales tax for its classes. Then, Peoria found more dance, gymnastics and martial arts studios that had not paid similar taxes for
At its recent city council meeting, Peoria City Council unanimously approved an ordinance establishing an official effective date for specific business types required, under state tax code, to pay the
Peoria City Council, at its June 6 meeting, voted unanimously — 7-0 — in favor of amending the budget to make a $6 million payment from the general fund contingency