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Peoria Standard

Sunday, November 24, 2024

Pekin collects $555,921 in Municipal Sales Tax in June

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Pekin taxpayers paid $555,921 in Municipal Sales Tax in June, according to Illinois tax records.

This is an increase over the month before when $524,707 was collected.

Taxpayers in Pekin have paid $6.2 million 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 Pekin in last 12 months
MonthAmount Collected% Change from Previous Month
June$555,9215.9
May$524,707-4.2
April$547,53927.8
March$428,287-7.3
February$461,829-21.5
January$588,29211.9
December 2021$525,7821.3
November 2021$519,1633.1
October 2021$503,339-3.9
September 2021$523,5931.9
August 2021$513,878-3.2
July 2021$530,871-10.1

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