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Peoria Standard

Sunday, November 24, 2024

$10,718 in Municipal Sales Tax collected in March for Elmwood

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Elmwood taxpayers paid $10,718 in Municipal Sales Tax in March, according to Illinois tax records.

This is a decrease from the month before when $11,250 was collected.

Taxpayers in Elmwood have paid $166,257 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 Elmwood in last 12 months
MonthAmount Collected% Change from Previous Month
March$10,718-4.7
February$11,250-21.8
January$14,392-12.4
December 2021$16,42729.2
November 2021$12,711-53.6
October 2021$27,402131.3
September 2021$11,848-3.5
August 2021$12,276-3.5
July 2021$12,7250.8
June 2021$12,62615
May 2021$10,977-14.9
April 2021$12,90559.5

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