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Lake County Gazette

Saturday, November 23, 2024

$2,414 in Municipal Sales Tax collected in July for Tower Lakes

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Tower Lakes taxpayers paid $2,414 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $1,845 was collected.

Taxpayers in Tower Lakes have paid $27,748 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 Tower Lakes in last 12 months
MonthAmount Collected% Change from Previous Month
July$2,41430.8
June$1,845-6.7
May$1,977-9.5
April$2,185-19.8
March$2,7245
February$2,595-15.6
January$3,07410.1
December 2021$2,79148.3
November 2021$1,882-14.4
October 2021$2,199-14.2
September 2021$2,56471.2
August 2021$1,498-38.9

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