The Village collects utility taxes on gas, electric, and telecommunications. Gas is 3.0 cents per therm, electric is charged per kilowatt on a sliding scale, and telecommunication is 6% of gross sales of utilities doing business in Niles. Utility taxes generate about 10% of General Fund revenues each year.
The five year history, by fiscal year, for utility tax collections is as follows:
| 2019 |
$2,689,295 |
| 2018 |
$2,686,370 |
| 2017 |
$2,770,312 |
| 2016 |
$2,916,491 |
| 2015 |
$2,976,518 |