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McHenry Times

Tuesday, December 24, 2024

McHenry collects $587,392 in Municipal Sales Tax in March

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McHenry taxpayers paid $587,392 in Municipal Sales Tax in March, according to Illinois tax records.

This is a decrease from the month before when $591,428 was collected.

Taxpayers in McHenry have paid $8.2 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 McHenry in last 12 months
MonthAmount Collected% Change from Previous Month
March$587,392-0.7
February$591,428-20.4
January$743,2623.4
December 2021$719,0838.2
November 2021$664,348-0.5
October 2021$667,7920.5
September 2021$664,363-2.5
August 2021$681,142-7.4
July 2021$735,937-1.1
June 2021$744,48010.5
May 2021$673,978-8.8
April 2021$739,30841

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