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Friday, November 22, 2024

Urbana residents pay $587,801 in Municipal Sales Tax in July

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Urbana taxpayers paid $587,801 in Municipal Sales Tax in July, according to Illinois tax records.

This is a decrease from the month before when $609,968 was collected.

Taxpayers in Urbana have paid $6.8 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 Urbana in last 12 months
MonthAmount Collected% Change from Previous Month
July$587,801-3.6
June$609,9682.9
May$592,491-3
April$610,92322.5
March$498,586-6.9
February$535,757-7.6
January$579,5696.9
December 2021$541,951-4.7
November 2021$568,6972.2
October 2021$556,651-4.7
September 2021$584,2588
August 2021$541,103-2

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