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Lake County Gazette

Saturday, November 23, 2024

$36,020 in Municipal Sales Tax collected in July for Riverwoods

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Riverwoods taxpayers paid $36,020 in Municipal Sales Tax in July, according to Illinois tax records.

This is a decrease from the month before when $39,022 was collected.

Taxpayers in Riverwoods have paid $323,424 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 Riverwoods in last 12 months
MonthAmount Collected% Change from Previous Month
July$36,020-7.7
June$39,02246
May$26,73317
April$22,8493
March$22,1801.3
February$21,889-27.2
January$30,0487.9
December 2021$27,85028.2
November 2021$21,727-3.4
October 2021$22,493-16
September 2021$26,7863.7
August 2021$25,827-17.4

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