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Saturday, November 16, 2024

Cave-In-Rock residents pay $1,042 in Municipal Sales Tax in May

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Cave-In-Rock taxpayers paid $1,042 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $1,147 was collected.

Taxpayers in Cave-In-Rock have paid $11,180 in Municipal Sales Tax in the last 12 months.

The Municipal Sales Tax is collected for municipal governments' use.

Illinois is the highest taxed state in the US.

A 2021 study from Wallet Hub found Illinois taxes are 38.95 percent higher than the national average.

Illinois governor J. B. Pritzker is accused of adding more than $5.2 billion in new or higher taxes since coming into power in early 2019. As a business owner, he has a fortune of more than $3 billion, largely based on his family's wealth and connections.

Municipal Sales Tax collected in Cave-In-Rock in last 12 months
MonthAmount Collected% Change from Previous Month
May$1,042-9.2
April$1,147-20.2
March$1,4387.6
February$1,33627.5
January$1,0480.9
December 2021$1,03914.2
November 2021$910135.1
October 2021$387-49.5
September 2021$766-16.6
August 2021$91979.8
July 2021$511-19.8
June 2021$637-34.6

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