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Peoria Standard

Monday, November 25, 2024

Smithfield collects $243 in Municipal Sales Tax in February

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Smithfield taxpayers paid $243 in Municipal Sales Tax in February, according to Illinois tax records.

This is a decrease from the month before when $438 was collected.

Taxpayers in Smithfield have paid $3,882 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 Smithfield in last 12 months
MonthAmount Collected% Change from Previous Month
February$243-44.5
January$43849
December 2021$294-1.3
November 2021$2984.2
October 2021$286-20.8
September 2021$36158.3
August 2021$228-53.4
July 2021$489157.4
June 2021$190-14.8
May 2021$223-36.8
April 2021$353-26.3
March 2021$479-8.8

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