Saturday, October 28, 2017

Cook County Falls Short of Beverage Tax Projections



Update on total revenue collected to date from the Cook County sweetened beverage tax.

Freedom of Information Act FOIA request #17-0723 for "total revenue collected to date from the Cook County sweetened beverage tax" submitted on October 16, 2017.

Rachel Dailey, Administrative Assistant V, Aide to Legal and Government Affairs | Office of the President responded on October 27, 2017.

"The Office of the President of the Cook County Board of Commissioners is in receipt of your request for information under the Freedom of Information Act (the “Act”).

On Monday, October 16, 2017, we received your request for the “total revenue collected to date from the Cook County sweetened beverage tax.” Pursuant to section 3(e)(vii) of the Act, we extended the deadline to respond to your request, up to and including Monday, October 30, 2017.

Attached is information responsive to your request.

The County has complied with your request for information. "

The tax “originally was to take effect July 1.”

“The county was counting on raising $67.5 million with the tax through Nov. 30.”

$67.5 million divided by 5 months (July1 – November 30) = $13.5 million projected per month.

Total revenue collected to date from the Cook County sweetened beverage tax from August 2 – September 17 = $16,666,262.

August 2 – September 17 = 1.5 months
$13.5 million projected per month * 1.5 = $20.25 million projected for 1.5 months.

$20.25 million projected for 1.5 months
$16,666,262 collected August 2 – September 17.