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Friday, November 8, 2024

$640 in Municipal Sales Tax collected in July for Buncombe

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Buncombe taxpayers paid $640 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $382 was collected.

Taxpayers in Buncombe have paid $6,771 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 Buncombe in last 12 months
MonthAmount Collected% Change from Previous Month
July$64067.5
June$382-33.9
May$578-31.4
April$8421,303.3
March$60-90
February$599698.7
January$75-91.7
December 2021$907-30.1
November 2021$1,298173.3
October 2021$47511.5
September 2021$426-12.9
August 2021$489-23.4

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