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Lake County Gazette

Tuesday, November 26, 2024

Bannockburn taxpayers give $110,092 in Municipal Sales Tax in March

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Bannockburn taxpayers paid $110,092 in Municipal Sales Tax in March, according to Illinois tax records.

This is an increase over the month before when $105,467 was collected.

Taxpayers in Bannockburn have paid $1.4 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 Bannockburn in last 12 months
MonthAmount Collected% Change from Previous Month
March$110,0924.4
February$105,467-25
January$140,55728.8
December 2021$109,092-3.8
November 2021$113,359-2.3
October 2021$116,03415
September 2021$100,891-10.3
August 2021$112,517-5.6
July 2021$119,2279.5
June 2021$108,918-4.3
May 2021$113,790-1.8
April 2021$115,81912

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