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Lake County Gazette

Saturday, May 18, 2024

Island Lake collects $62,991 in Municipal Sales Tax in February

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Island Lake taxpayers paid $62,991 in Municipal Sales Tax in February, according to Illinois tax records.

This is a decrease from the month before when $73,808 was collected.

Taxpayers in Island Lake have paid $923,627 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 Island Lake in last 12 months
MonthAmount Collected% Change from Previous Month
February$62,991-14.7
January$73,808-1.9
December 2021$75,223-0.5
November 2021$75,588-4.3
October 2021$78,946-7.8
September 2021$85,5802.9
August 2021$83,1455
July 2021$79,179-7.5
June 2021$85,5732.1
May 2021$83,821-2.3
April 2021$85,75258.7
March 2021$54,021-8.1

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