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Lake County Gazette

Saturday, November 23, 2024

Volo residents pay $152,819 in Municipal Sales Tax in July

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Volo taxpayers paid $152,819 in Municipal Sales Tax in July, according to Illinois tax records.

This is a decrease from the month before when $165,066 was collected.

Taxpayers in Volo have paid $1.5 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 Volo in last 12 months
MonthAmount Collected% Change from Previous Month
July$152,819-7.4
June$165,06636
May$121,34624.7
April$97,32825.7
March$77,424-14.4
February$90,420-15.6
January$107,167-8.5
December 2021$117,067-15.4
November 2021$138,3084.8
October 2021$132,0214.9
September 2021$125,903-12.6
August 2021$144,131-18.2

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