City of LaSalle Meetings
Council Agendas & Minutes
Municipal Information Directory
Finance / Utility Billing
Parks & Recreation
Business Development News
Documents and Applications
Job Market Information
Available Sites for Development
Downtown Development Video
Canal Corridor Association
Illinois Valley YMCA
LaSalle Business Association (LBA)
LaSalle Farmers Market
LaSalle Promotional & Advisory Committee (LPAC)
LaSalle Public Library
Preschools / Daycare Centers
Junior High Schools
Important Phone Numbers
Corporate Border Map 2013
(629KB | .pdf)
(284KB | .pdf)
(24KB | .pdf)
Additional Certificate Application
(97KB | .pdf)
The North Central Illinois Council of Governments (NCICG) administers the
Illinois Valley Area Enterprise Zone
, which covers portions of LaSalle, Peru, Oglesby, North Utica, and other surrounding areas. The Enterprise Zone targets growing industries by providing assistance and state and local incentives. The district is expandable to include growing companies wishing to participate in this successful incentive program. For more information, contact Ben Wilson at (815) 433-5830, or send email to firstname.lastname@example.org.
Enterprise Zone Summary
Sales Tax Exemption
—A 6.25 percent state sales tax exemption is permitted on building materials to be used in an Enterprise Zone. Materials must be permanently affixed to the property and must be purchased from a qualified retailer.
Enterprise Zone Machinery and Equipment Consumables/Pollution Control Facilities Sales Tax Exemption
--- A 6.25 percent state sales tax exemption on purchases of tangible personal property to be used in the manufacturing or assembly process or in the operation of a pollution control facility within an Enterprise Zone is available. Eligibility is based on a business making an investment in an Enterprise Zone of at least $5 million in qualified property that creates a minimum of 200 fulltime-equivalent jobs, a business investing at least $40 million in a zone and retaining at least 2, 000 jobs, or a business investing at least $40 million in a zone which causes the retention of at least 90 percent of the jobs existing on the date it is certified to receive the exemption.
Enterprise Zone Utility Tax Exemption
—A state utility tax exemption on gas, electricity and the Illinois Commerce Commission’s administrative charge and telecommunication excise tax is available to businesses located in Enterprise Zones. Eligible businesses must make an investment of at least $5 million in qualified property that creates a minimum of 200 full time equivalent jobs in Illinois, an investment of $20 million that retains at least 1,000 full time-equivalent jobs, or an investment of $175 million that creates 150 full time equivalent jobs in Illinois. The majority of the jobs created must be located in the Enterprise Zone where the investment occurs.
Enterprise Zone Investment Tax Credit
- A state investment tax credit of 0.5 percent is allowed a taxpayer who invests in qualified property in a Zone. Qualified property includes machinery, equipment and buildings. The credit may be carried forward for up to five years. This credit is in addition to the regular 0.5 percent investment tax credit, which is available throughout the state, and up to the 0.5 percent credit for increased employment over the previous year.
Dividend Income Deduction
—Individuals, corporations, trusts and estates are not taxed on dividend income from corporations doing substantially all their business in an Enterprise Zone.
Jobs Tax Credit
—The Enterprise Zone Jobs Tax Credit allows a business a $500 credit on Illinois income taxes for each job created in the Zone of which a certified eligible worker is hired. The credit may be carried forward for up to five years. A minimum of five workers must be hired to qualify for the credit. The credit is effective for people hired on or after January 1, 1986.
—financial institutions are not taxed on the interest received on loans for development within an Enterprise Zone.
—Businesses may deduct double the value of a cash or in-kind contribution to an approved project of a designated Zone organization from taxable income.
LaSalle Farmers Market
9/2/2014, 3:00-6:00 PM
Meeting of the Board of Police and Fire Commissinoners for the City of La Salle
9/3/2014, 12:00 p.m.
» View All Calendar Events
Agenda for August 12, 2014 City Council Meeting
Minutes from July 15, 2014 Council Meeting
» View All News Stories
We consider the citizens of LaSalle to be our customers and a vital part of our organization. It is only through your feedback that we may determine if we are meeting the needs of our residents. Please contact us with any questions or comments you may have by phone at
or by fax at
Copyright © 2014 City of LaSalle. All Rights Reserved.