This is a decrease from the month before when $92,923 was collected.
Taxpayers in Island Lake have paid $964,885 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 |
|---|---|---|
| July | $90,300 | -2.8 |
| June | $92,923 | 4 |
| May | $89,369 | 7.4 |
| April | $83,218 | 12.8 |
| 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 |
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