This is an increase over the month before when $671,146 was collected.
Taxpayers in Lake Zurich have paid $7.6 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 Zurich in last 12 months
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| July | $690,544 | 2.9 |
| June | $671,146 | 6.9 |
| May | $627,982 | 0.2 |
| April | $626,731 | 18.9 |
| March | $527,013 | -4.7 |
| February | $553,226 | -26 |
| January | $747,307 | 13.6 |
| December 2021 | $657,819 | 9.2 |
| November 2021 | $602,130 | 1.5 |
| October 2021 | $593,038 | -17.7 |
| September 2021 | $720,532 | 17.3 |
| August 2021 | $614,470 | -3.4 |
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