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Sunday, November 24, 2024

$1.9 million in Municipal Sales Tax collected in May for Champaign

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Champaign taxpayers paid $1.9 million in Municipal Sales Tax in May, according to Illinois tax records.

This is an increase over the month before when $1.9 million was collected.

Taxpayers in Champaign have paid $21.6 million 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 Champaign in last 12 months
MonthAmount Collected% Change from Previous Month
May$1,885,1301.2
April$1,862,93024.7
March$1,493,620-4.6
February$1,566,280-22.8
January$2,030,13010.8
December 2021$1,832,450-0.3
November 2021$1,838,620-1
October 2021$1,857,970-5.1
September 2021$1,957,29016.1
August 2021$1,685,200-2.6
July 2021$1,729,730-6.2
June 2021$1,844,4506

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