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Saturday, November 23, 2024

Gibson City residents pay $57,464 in Municipal Sales Tax in May

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Gibson City taxpayers paid $57,464 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $63,580 was collected.

Taxpayers in Gibson City have paid $662,537 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 Gibson City in last 12 months
MonthAmount Collected% Change from Previous Month
May$57,464-9.6
April$63,58046
March$43,537-11
February$48,941-29.6
January$69,48830.3
December 2021$53,3113
November 2021$51,778-5.8
October 2021$54,9737.3
September 2021$51,214-5.5
August 2021$54,218-0.5
July 2021$54,467-8.6
June 2021$59,56612.2

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