Putmam County votes down corporate tax rate increase

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By Danielle Pacey

Nov 15, 2018

Putnam County was not in favor of corporate tax rate increase on Nov. 6 ballot.

Taxpayers in Putnam County voted against a referendum calling for Putnam County Proposition to increase the corporate tax rate. "Shall the current corporate tax rate of .37% be increased by .3% to a rate of .67%, which will be levied on the equalized assessed valuation of the taxable property in Putnam County, State of Illinois?".

With 100% percent of the votes counted, the Corporate Tax Rate Proposition had 620 votes in favor and 1,882 against.

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