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Friday, November 15, 2024

Golconda residents pay $7,397 in Municipal Sales Tax in May

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Golconda taxpayers paid $7,397 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $8,444 was collected.

Taxpayers in Golconda have paid $96,052 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 Golconda in last 12 months
MonthAmount Collected% Change from Previous Month
May$7,397-12.4
April$8,44429.4
March$6,524-4.9
February$6,861-14.4
January$8,016-12.4
December 2021$9,15223.1
November 2021$7,437-9.5
October 2021$8,221-4.3
September 2021$8,5861.8
August 2021$8,4335.2
July 2021$8,017-10.6
June 2021$8,96414.8

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