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Peoria Standard

Sunday, November 24, 2024

Tremont collects $33,280 in Municipal Sales Tax in May

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Tremont taxpayers paid $33,280 in Municipal Sales Tax in May, according to Illinois tax records.

This is an increase over the month before when $30,672 was collected.

Taxpayers in Tremont have paid $354,948 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 Tremont in last 12 months
MonthAmount Collected% Change from Previous Month
May$33,2808.5
April$30,67233.8
March$22,9180
February$22,927-24.3
January$30,2834.4
December 2021$29,016-1.6
November 2021$29,488-16
October 2021$35,12019
September 2021$29,5224
August 2021$28,377-8.5
July 2021$31,019-4
June 2021$32,326-4.9

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