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McHenry Times

Monday, November 25, 2024

Crystal Lake 36th-highest taxed Illinois municipality in 2020

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Crystal Lake taxpayers paid the 36th highest amount in sales taxes in 2020, according to Illinois tax records.

Taxpayers in Crystal Lake paid $16.6 million in 2020.

Crystal Lake was ranked 36th the year before.

Of all the taxes Crystal Lake residents paid for, Municipal Sales Tax was the most contributed to tax.

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.

Sales Taxes Collected in Crystal Lake in 2020
Type of TaxAmount Collected in Year% Change From Previous Year
Municipal Sales Tax$11,431,6421.7
Municipal Home Rule Sales Tax$5,136,1682.2
Municipal Automobile Renting Tax$38,345-9.2

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