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Peoria Standard

Monday, November 25, 2024

Pekin collects $461,829 in Municipal Sales Tax in February

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Pekin taxpayers paid $461,829 in Municipal Sales Tax in February, according to Illinois tax records.

This is a decrease from the month before when $588,292 was collected.

Taxpayers in Pekin have paid $6.3 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 Pekin in last 12 months
MonthAmount Collected% Change from Previous Month
February$461,829-21.5
January$588,29211.9
December 2021$525,7821.3
November 2021$519,1633.1
October 2021$503,339-3.9
September 2021$523,5931.9
August 2021$513,878-3.2
July 2021$530,871-10.1
June 2021$590,4229.9
May 2021$537,216-10.7
April 2021$601,43540.1
March 2021$429,359-8.8

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