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Peoria Standard

Tuesday, November 5, 2024

Farmington collects $31,359 in Municipal Sales Tax in May

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Farmington taxpayers paid $31,359 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $32,095 was collected.

Taxpayers in Farmington have paid $365,330 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 Farmington in last 12 months
MonthAmount Collected% Change from Previous Month
May$31,359-2.3
April$32,09521
March$26,528-5.5
February$28,078-20.4
January$35,265-1.9
December 2021$35,95416.7
November 2021$30,799-12.5
October 2021$35,18228
September 2021$27,4921.7
August 2021$27,023-4.1
July 2021$28,1742.9
June 2021$27,3814.1

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