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Saturday, November 23, 2024

Oakwood collects $34,436 in Municipal Sales Tax in May

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Oakwood taxpayers paid $34,436 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $38,153 was collected.

Taxpayers in Oakwood have paid $418,809 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 Oakwood in last 12 months
MonthAmount Collected% Change from Previous Month
May$34,436-9.7
April$38,1531.5
March$37,5735.8
February$35,5185.3
January$33,7320.5
December 2021$33,574-4.1
November 2021$35,0098.3
October 2021$32,339-7.7
September 2021$35,019-2
August 2021$35,722-1
July 2021$36,08314
June 2021$31,6516.3

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