Quantcast

Lake County Gazette

Monday, November 25, 2024

$417,747 in Municipal Home Rule Sales Tax collected in 2021 for Park City

13edited

Park City taxpayers paid $417,747 in Municipal Home Rule Sales Tax in 2021, according to Illinois tax records.

This is an increase over the year before when $318,470 was collected.

The Municipal Home Rule 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 Home Rule Sales Tax collected in Park City in recent years
YearAmount Collected% Change from Previous Year
2021$417,74731.2
2020$318,47020.1
2019$265,109-11.8

MORE NEWS