This is an increase over the year before when $61,319 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 Ringwood in recent years
Year | Amount Collected | % Change from Previous Year |
---|---|---|
2021 | $85,968 | 40.2 |
2020 | $61,319 | 40.2 |
2019 | $43,740 | -16.2 |