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Peoria Standard

Sunday, November 24, 2024

$986 in Municipal Sales Tax collected in July for Banner

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Banner taxpayers paid $986 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $843 was collected.

Taxpayers in Banner have paid $10,536 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 Banner in last 12 months
MonthAmount Collected% Change from Previous Month
July$98617
June$843-3.2
May$871-13.8
April$1,01021.7
March$8304.5
February$794-24.2
January$1,04736.3
December 2021$768-8.7
November 2021$841-0.4
October 2021$844-3.9
September 2021$8786.6
August 2021$824-14.9

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