This is an increase over the month before when $62,991 was collected.
Taxpayers in Island Lake have paid $943,400 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 Island Lake in last 12 months
Month | Amount Collected | % Change from Previous Month |
---|---|---|
March | $73,794 | 17.2 |
February | $62,991 | -14.7 |
January | $73,808 | -1.9 |
December 2021 | $75,223 | -0.5 |
November 2021 | $75,588 | -4.3 |
October 2021 | $78,946 | -7.8 |
September 2021 | $85,580 | 2.9 |
August 2021 | $83,145 | 5 |
July 2021 | $79,179 | -7.5 |
June 2021 | $85,573 | 2.1 |
May 2021 | $83,821 | -2.3 |
April 2021 | $85,752 | 58.7 |