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Peoria Standard

Monday, November 25, 2024

Peoria taxpayers give $1.8 million in Municipal Sales Tax in February

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Peoria taxpayers paid $1.8 million in Municipal Sales Tax in February, according to Illinois tax records.

This is a decrease from the month before when $2.6 million was collected.

Taxpayers in Peoria have paid $26.1 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 Peoria in last 12 months
MonthAmount Collected% Change from Previous Month
February$1,797,700-30
January$2,568,07020.3
December 2021$2,134,5102.9
November 2021$2,074,310-1.6
October 2021$2,107,9000
September 2021$2,108,230-1.5
August 2021$2,141,330-4.7
July 2021$2,246,720-3.5
June 2021$2,328,70011.5
May 2021$2,088,280-11.4
April 2021$2,355,80011.8
March 2021$2,107,00023.9

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