The City of Palos Heights has entered into an agreement with an auditing firm to investigate what it described as a shortfall in funds received from ComEd for utility taxes in previous years.
At the May 19 city council meeting, Alderman Michael McGrogan stated “the staff has kept an eye on what kind of funds we’re getting back monthly for a number of years, and found a significant variance for the month of February, which is not explained by the difference of one or two extra days.”
The issue stems from the payment of utility taxes charged by the city and collected by power providers, like ComEd. The power company collects the taxes on residents’ monthly utility bills and gives that money to the charging municipalities on a monthly basis…