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Saturday, November 23, 2024

Fairmount residents pay $9,835 in Municipal Sales Tax in May

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Fairmount taxpayers paid $9,835 in Municipal Sales Tax in May, according to Illinois tax records.

This is an increase over the month before when $4,151 was collected.

Taxpayers in Fairmount have paid $64,130 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 Fairmount in last 12 months
MonthAmount Collected% Change from Previous Month
May$9,835136.9
April$4,15157.9
March$2,629-21.8
February$3,361-35.4
January$5,201-3.6
December 2021$5,3960.1
November 2021$5,393-6.7
October 2021$5,778-11.4
September 2021$6,522-9.3
August 2021$7,19350.1
July 2021$4,79323.6
June 2021$3,8787.3

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