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Friday, November 15, 2024

Mounds collects $924 in Business District Tax in May

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Mounds taxpayers paid $924 in Business District Tax in May, according to Illinois tax records.

This is an increase over the month before when $829 was collected.

Taxpayers in Mounds have paid $9,398 in Business District Tax in the last 12 months.

The Business District Tax is collected for other taxing jurisdictions 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.

Business District Tax collected in Mounds in last 12 months
MonthAmount Collected% Change from Previous Month
May$92411.5
April$829-2.1
March$84715.1
February$736-60.2
January$1,848324.8
December 2021$435-33.5
November 2021$65453.5
October 2021$426-53.1
September 2021$90839.1
August 2021$65325.1
July 2021$522-15.3
June 2021$61611.6

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