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Lake County Gazette

Tuesday, November 26, 2024

$30,048 in Municipal Sales Tax collected in January for Riverwoods

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Riverwoods taxpayers paid $30,048 in Municipal Sales Tax in January, according to Illinois tax records.

This is an increase over the month before when $27,850 was collected.

Taxpayers in Riverwoods have paid $276,991 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 Riverwoods in last 12 months
MonthAmount Collected% Change from Previous Month
January$30,0487.9
December 2021$27,85028.2
November 2021$21,727-3.4
October 2021$22,493-16
September 2021$26,7863.7
August 2021$25,827-17.4
July 2021$31,26928.4
June 2021$24,35813.8
May 2021$21,41210
April 2021$19,47272.3
March 2021$11,303-21.8
February 2021$14,446-20.2

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