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Lake County Gazette

Monday, November 25, 2024

Lake Zurich 93rd highest taxed Illinois municipality in March

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Lake Zurich taxpayers paid the 93rd highest amount in sales taxes in March, according to Illinois tax records.

Taxpayers in Lake Zurich paid $696,860 in March.

Lake Zurich was ranked 93rd the month before.

Of all the taxes Lake Zurich residents paid for, Municipal Sales Tax was the most contributed to tax.

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.

Sales Taxes Collected in Lake Zurich in March
Type of TaxAmount Collected in Month% Change From Previous Month
Municipal Sales Tax$527,013-4.7
Non-Home Rule Sales Tax$169,297-3.3
Municipal Automobile Renting Tax$551-32

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