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Lake County Gazette

Sunday, November 24, 2024

$312,894 in Municipal Sales Tax collected in July for Lake Bluff

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Lake Bluff taxpayers paid $312,894 in Municipal Sales Tax in July, according to Illinois tax records.

This is a decrease from the month before when $318,376 was collected.

Taxpayers in Lake Bluff have paid $3.5 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 Lake Bluff in last 12 months
MonthAmount Collected% Change from Previous Month
July$312,894-1.7
June$318,3768.6
May$293,1195.3
April$278,44025.5
March$221,858-16.6
February$265,921-19
January$328,36415.4
December 2021$284,4773.3
November 2021$275,346-3.5
October 2021$285,228-3.4
September 2021$295,376-7.4
August 2021$319,125-16.5

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