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Friday, November 15, 2024

Mound City taxpayers give $3,456 in Municipal Sales Tax in May

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Mound City taxpayers paid $3,456 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $3,475 was collected.

Taxpayers in Mound City have paid $37,471 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 Mound City in last 12 months
MonthAmount Collected% Change from Previous Month
May$3,456-0.5
April$3,47514.5
March$3,03614.9
February$2,643-15.1
January$3,11216.2
December 2021$2,6774.4
November 2021$2,563-19.5
October 2021$3,18310.8
September 2021$2,8735.7
August 2021$2,717-41.8
July 2021$4,66652
June 2021$3,070-27.6

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