Village of Homewood Board of Trustees Meeting Agenda 2026-06-23
Budget Amendment Funds Ford of Homewood Tax Sharing
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Description
The Village of Homewood Board will consider a $38,945 General Fund budget amendment to fulfill its sales tax revenue sharing obligation to Ford of Homewood under a 2022 agreement. The action funds an existing economic development incentive arrangement with the dealership.
Contract Details
Contract Amount
$38,945
Vendor
FORD OF HOMEWOOD
Agency
Homewood village, IL
Contract Type
FINANCIAL_SERVICES
Document Date
June 23, 2026
Renewal Info
Payment stems from an ongoing sales tax sharing agreement dated February 23, 2022; renewal terms are not specified in the agenda.
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