This is an increase over the month before when $54,661 was collected.
Taxpayers in Lake Barrington have paid $568,250 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
Month | Amount Collected | % Change from Previous Month |
---|---|---|
July | $55,426 | 1.4 |
June | $54,661 | 16.1 |
May | $47,071 | 3.2 |
April | $45,630 | 32.7 |
March | $34,397 | -14.7 |
February | $40,342 | -23.2 |
January | $52,507 | -6.9 |
December 2021 | $56,416 | 26.9 |
November 2021 | $44,448 | -16.7 |
October 2021 | $53,354 | 28.8 |
September 2021 | $41,411 | -2.8 |
August 2021 | $42,587 | -6.1 |