Board Meeting Recap – September 17, 2013

Hello All,

We had some great news come out of this meeting, primarily the repealing of a recent 2 cent a gallon motor fuel tax increase.  This was helped along by a personal visit from Phil Woodman, President of Woodmans grocery stores, to one of our Audit & Finance meetings.  He described how his gas station operates as a penny business that cannot pass along tax increases to customers as they will simply purchase their gas from someone else who is cheaper.  It is worth noting that none of the communities surrounding Carpentersville have a local motor fuel tax.  At the time, Carpentersville’s was up to 4 cents a gallon.

The repealing of this recent tax increase takes some pressure off of local gas stations which are tasked with competing against Read more of this post