This is an increase over the year before when $770,340 was collected.
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 Lakemoor in recent years
| Year | Amount Collected | % Change from Previous Year |
|---|---|---|
| 2020 | $1,545,803 | 100.7 |
| 2019 | $770,340 | 7.6 |
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