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Lake County Gazette

Sunday, November 24, 2024

Highwood collects $82,679 in Municipal Sales Tax in July

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Highwood taxpayers paid $82,679 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $75,085 was collected.

Taxpayers in Highwood have paid $848,025 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 Highwood in last 12 months
MonthAmount Collected% Change from Previous Month
July$82,67910.1
June$75,0857.8
May$69,6262.3
April$68,09021.8
March$55,919-1.5
February$56,768-25
January$75,73513.3
December 2021$66,819-8.9
November 2021$73,3840.8
October 2021$72,798-5.4
September 2021$76,9563.8
August 2021$74,166-0.2

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