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Friday, November 15, 2024

$4,556 in Municipal Sales Tax collected in May for Mounds

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Mounds taxpayers paid $4,556 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $5,082 was collected.

Taxpayers in Mounds have paid $46,498 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 Mounds in last 12 months
MonthAmount Collected% Change from Previous Month
May$4,556-10.4
April$5,08235.5
March$3,7505.5
February$3,555-36
January$5,55952
December 2021$3,65810.5
November 2021$3,310-6.6
October 2021$3,545-0.7
September 2021$3,56919.2
August 2021$2,993-15.6
July 2021$3,5455
June 2021$3,376-23.3

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