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Peoria Standard

Friday, November 22, 2024

Spring Bay residents pay $783 in Municipal Sales Tax in July

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Spring Bay taxpayers paid $783 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $604 was collected.

Taxpayers in Spring Bay have paid $7,204 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 Spring Bay in last 12 months
MonthAmount Collected% Change from Previous Month
July$78329.6
June$604115.7
May$280-25.1
April$37471.6
March$218-11.7
February$247-76.4
January$1,04769.4
December 2021$618-39.1
November 2021$1,01568.6
October 2021$602-26
September 2021$81334.8
August 2021$603-25.6

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