Incorporated in 1956, and located between Chicago O'Hare International Airport and the City of Chicago, the Village of Rosemont, Illinois is one of the nation's premier case studies in community ingenuity. With a population of 4,000, the village's leadership has created a top meeting/convention/tradeshow and entertainment center, hosting an average 50,000 visitors a day.
Location
Rosemont is approximately 2.5 square miles. 25 percent residential; 75 percent commercial/industrial. Major roads are Higgins, River and Mannheim.
Finances
General Fund Budget: $41.5 million (2006)
Sales Tax Receipts: $5.0 million
Median Household Income: $34,663
Median Family Income: $44,939
Median Home Value: $259,600
Hotel Rooms: 5,230
Average Hotel Occupancy: 70.1% (2006 year end)
Generated for The State of Illinois (Sales Tax): $11.1 million (estimate)
Hotel/Room Tax Generated for the Village of Rosemont: $11.3 million
Hotel/Room Tax Generated for the State of Illinois: $8.0 million (estimate)
Economic Impact: $250 million
Hotel Tax Rate: 13%
Sales Tax: general merchandise: 9.75%; restaurant; 10.75%
Water Rates (per 1,000 gallons):
Commercial: $4.50
Residential: $2.25
Non-profit: $2.20
Education
Elementary School: Rosemont School District 78
High School: Leyden Community District 212