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Lake County Gazette

Saturday, November 23, 2024

Lake Villa residents pay $106,180 in Municipal Sales Tax in July

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Lake Villa taxpayers paid $106,180 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $100,464 was collected.

Taxpayers in Lake Villa have paid $1.1 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 Villa in last 12 months
MonthAmount Collected% Change from Previous Month
July$106,1805.7
June$100,4641.2
May$99,2597
April$92,77624.3
March$74,624-8.6
February$81,663-16
January$97,1787.2
December 2021$90,6547
November 2021$84,6847.7
October 2021$78,663-7.8
September 2021$85,354-5.5
August 2021$90,335-14.6

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