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Lake County Gazette

Monday, November 25, 2024

Vernon Hills residents pay $1.9 million in Municipal Sales Tax in January

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Vernon Hills taxpayers paid $1.9 million in Municipal Sales Tax in January, according to Illinois tax records.

This is an increase over the month before when $1.4 million was collected.

Taxpayers in Vernon Hills have paid $16.4 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 Vernon Hills in last 12 months
MonthAmount Collected% Change from Previous Month
January$1,861,15034.1
December 2021$1,387,500-5.6
November 2021$1,470,1805.6
October 2021$1,392,0505.4
September 2021$1,321,090-9
August 2021$1,451,5500.5
July 2021$1,444,69010.9
June 2021$1,303,2306
May 2021$1,229,370-11.1
April 2021$1,382,63045
March 2021$953,431-18.2
February 2021$1,165,880-23.4

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