Finance Department has provided forms for Property Transfer Tax, Food and Beverage Tax, Hotel Motel Tax, and Motor Fuel Tax on the Forms page – Forms
- Budgeting
- Short-term and long-term projections
- Cash Receipts
- Cash Disbursements
- Debt Management
- Fixed Assets
- Payroll
- Purchasing
- Internal and External audits
- Financial reporting
The sales tax rate for general merchandise for the City of Freeport is 9% (effective 7/1/2024). Thee taxes are remitted directly to the Illinois Department of Revenue.
Prepared Food and Beverages (including Alcohol) are subject to the City’s Food and Beverage Tax of 1.25%. Therefore, a combined rate for establishments serving food and beverages is 10.25% (9% general tax and 1.25% Food and Beverage Tax).
Food and Beverage Tax is remitted to the City of Freeport. The necessary forms are located under the Documents tab > Finance Department Forms
- Qualifying Food and Drugs: 1%
- General Merchandise Sales Tax: 9% (2.25% Home Rule, 6.25% State Tax, 0.5% County Public Safety)
- City Hotel-Motel Tax: 5%
- City Food and Beverage Tax: 1.25%
- City Motor Fuel Tax: 0.02¢ per gallon
- Fiscal Year 2026
- Fiscal Year 2025 Revised 12/15/2025 after Re-Appropriation Ordinance passed
- Fiscal Year 2024 Revised 12/16/2024 after Re-Appropriation Ordinance passed
- Fiscal Year 2023 Revised 12/18/2023 after Re-Appropriation Ordinance passed
- Fiscal Year 2022 Revised 12/19/2022 after Re-Appropriation Ordinance passed
- Fiscal Year 2021 Revised 12/20/2021 after Re-Appropriation Ordinance passed
- Fiscal Year 2025 - Annual Comprehensive Financial Report
- Fiscal Year 2024
- Fiscal Year 2023
- Fiscal Year 2022
- Fiscal Year 2021
Click here to view older audits.
- City of Freeport FY2026 Public Disclosure of “Total Compensation”
- City of Freeport FY2025 Public Disclosure of “Total Compensation”
- City of Freeport FY2024 Public Disclosure of “Total Compensation”
- City of Freeport FY2023 Public Disclosure of “Total Compensation”
- City of Freeport FY2022 Public Disclosure of “Total Compensation”