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Saturday, November 23, 2024

Monticello residents pay $103,387 in Municipal Sales Tax in May

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Monticello taxpayers paid $103,387 in Municipal Sales Tax in May, according to Illinois tax records.

This is an increase over the month before when $100,133 was collected.

Taxpayers in Monticello have paid $1.1 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 Monticello in last 12 months
MonthAmount Collected% Change from Previous Month
May$103,3873.2
April$100,13325.8
March$79,592-8.1
February$86,647-13.5
January$100,1528.7
December 2021$92,172-4.1
November 2021$96,153-1.2
October 2021$97,2736.5
September 2021$91,3744.2
August 2021$87,729-18.7
July 2021$107,9354.5
June 2021$103,3297

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