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Lake County Gazette

Monday, November 25, 2024

Volo residents pay $90,420 in Municipal Sales Tax in February

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Volo taxpayers paid $90,420 in Municipal Sales Tax in February, according to Illinois tax records.

This is a decrease from the month before when $107,167 was collected.

Taxpayers in Volo have paid $1.5 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 Volo in last 12 months
MonthAmount Collected% Change from Previous Month
February$90,420-15.6
January$107,167-8.5
December 2021$117,067-15.4
November 2021$138,3084.8
October 2021$132,0214.9
September 2021$125,903-12.6
August 2021$144,131-18.2
July 2021$176,1163.3
June 2021$170,43419.8
May 2021$142,24840
April 2021$101,57636.5
March 2021$74,3908.3

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