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Peoria Standard

Monday, November 25, 2024

London Mills taxpayers give $1,056 in Municipal Sales Tax in May

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London Mills taxpayers paid $1,056 in Municipal Sales Tax in May, according to Illinois tax records.

This is an increase over the month before when $976 was collected.

Taxpayers in London Mills have paid $12,522 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 London Mills in last 12 months
MonthAmount Collected% Change from Previous Month
May$1,0568.2
April$97612.6
March$8679.7
February$790-65.4
January$2,284106.9
December 2021$1,1048
November 2021$1,022-37.7
October 2021$1,641382.6
September 2021$340-63.3
August 2021$927-19
July 2021$1,145209.5
June 2021$370-47.6

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