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Saturday, November 23, 2024

Rantoul taxpayers give $156,046 in Municipal Sales Tax in May

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Rantoul taxpayers paid $156,046 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $164,157 was collected.

Taxpayers in Rantoul have paid $1.9 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 Rantoul in last 12 months
MonthAmount Collected% Change from Previous Month
May$156,046-4.9
April$164,15726.8
March$129,510-5.9
February$137,676-21.6
January$175,58516
December 2021$151,4171.3
November 2021$149,5433.3
October 2021$144,729-5.9
September 2021$153,7810.6
August 2021$152,933-6.8
July 2021$164,025-15.4
June 2021$193,99517

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