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Saturday, November 23, 2024

Norwood residents pay $426 in Municipal Sales Tax in July

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Norwood taxpayers paid $426 in Municipal Sales Tax in July, according to Illinois tax records.

This is a decrease from the month before when $473 was collected.

Taxpayers in Norwood have paid $6,105 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 Norwood in last 12 months
MonthAmount Collected% Change from Previous Month
July$426-9.9
June$473-24
May$62219.6
April$52035.4
March$384-3
February$396-45.2
January$72229.9
December 2021$55612.6
November 2021$49411.3
October 2021$444-23.4
September 2021$58018.9
August 2021$488-14.2

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