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Sunday, November 24, 2024

Bismarck residents pay $1,369 in Municipal Sales Tax in May

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Bismarck taxpayers paid $1,369 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $1,443 was collected.

Taxpayers in Bismarck have paid $15,653 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 Bismarck in last 12 months
MonthAmount Collected% Change from Previous Month
May$1,369-5.1
April$1,4437.8
March$1,33921.1
February$1,106-22.7
January$1,43012.5
December 2021$1,271-11.2
November 2021$1,4314.4
October 2021$1,37132
September 2021$1,039-11
August 2021$1,168-26.6
July 2021$1,59245.5
June 2021$1,094-22

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