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Lake County Gazette

Sunday, November 24, 2024

Lake Zurich 96th highest taxed Illinois municipality in July

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Lake Zurich taxpayers paid the 96th highest amount in sales taxes in July, according to Illinois tax records.

Taxpayers in Lake Zurich paid $930,012 in July.

Lake Zurich was ranked 98th 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 July
Type of TaxAmount Collected in Month% Change From Previous Month
Municipal Sales Tax$690,5442.9
Non-Home Rule Sales Tax$238,0223.8
Municipal Automobile Renting Tax$1,44644.9

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