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Lake County Gazette

Friday, November 22, 2024

Fox Lake collects $299,479 in Municipal Sales Tax in May

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Fox Lake taxpayers paid $299,479 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $321,173 was collected.

Taxpayers in Fox Lake have paid $3.7 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 Fox Lake in last 12 months
MonthAmount Collected% Change from Previous Month
May$299,479-6.8
April$321,17321.7
March$263,9545.3
February$250,665-16.6
January$300,679-2.7
December 2021$308,8743.2
November 2021$299,388-0.3
October 2021$300,238-2.6
September 2021$308,297-9.6
August 2021$341,004-4.9
July 2021$358,5942.1
June 2021$351,3222.6

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