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Peoria Standard

Saturday, November 23, 2024

$2.2 million in Municipal Sales Tax collected in July for Peoria

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Peoria taxpayers paid $2.2 million in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $2.2 million was collected.

Taxpayers in Peoria have paid $25.5 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 Peoria in last 12 months
MonthAmount Collected% Change from Previous Month
July$2,238,6601.6
June$2,203,9201.9
May$2,162,210-2.7
April$2,222,65024.5
March$1,785,790-0.7
February$1,797,700-30
January$2,568,07020.3
December 2021$2,134,5102.9
November 2021$2,074,310-1.6
October 2021$2,107,9000
September 2021$2,108,230-1.5
August 2021$2,141,330-4.7

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