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Monday, November 25, 2024

Monticello residents pay $243,020 in Business District Tax in 2020

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Monticello taxpayers paid $243,020 in Business District Tax in 2020, according to Illinois tax records.

This is an increase over the year before when no taxes were collected.

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 Monticello in recent years
YearAmount Collected% Change from Previous Year
2020$243,020-
2019$0-

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