Quantcast

McHenry Times

Tuesday, November 26, 2024

Algonquin 66th highest taxed Illinois municipality in July

13edited

Algonquin taxpayers paid the 66th highest amount in sales taxes in July, according to Illinois tax records.

Taxpayers in Algonquin paid $1.3 million in July.

Algonquin was ranked 65th the month before.

Of all the taxes Algonquin 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 Algonquin in July
Type of TaxAmount Collected in Month% Change From Previous Month
Municipal Sales Tax$819,2942
Municipal Home Rule Sales Tax$449,1382.3

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS