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Lake County Gazette

Monday, November 25, 2024

$34,397 in Municipal Sales Tax collected in March for Lake Barrington

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Lake Barrington taxpayers paid $34,397 in Municipal Sales Tax in March, according to Illinois tax records.

This is a decrease from the month before when $40,342 was collected.

Taxpayers in Lake Barrington have paid $553,025 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 Lake Barrington in last 12 months
MonthAmount Collected% Change from Previous Month
March$34,397-14.7
February$40,342-23.2
January$52,507-6.9
December 2021$56,41626.9
November 2021$44,448-16.7
October 2021$53,35428.8
September 2021$41,411-2.8
August 2021$42,587-6.1
July 2021$45,34614.6
June 2021$39,583-36.6
May 2021$62,46755.5
April 2021$40,16735.4

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