This is an increase over the month before when $803,078 was collected.
Taxpayers in Algonquin have paid $9 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 Algonquin in last 12 months
Month | Amount Collected | % Change from Previous Month |
---|---|---|
July | $819,294 | 2 |
June | $803,078 | 1.4 |
May | $791,716 | 9.8 |
April | $721,189 | 14.2 |
March | $631,382 | 1.7 |
February | $620,982 | -32.5 |
January | $920,100 | 14.2 |
December 2021 | $805,587 | 12.3 |
November 2021 | $717,348 | -1.3 |
October 2021 | $726,764 | -1.6 |
September 2021 | $738,370 | 2.2 |
August 2021 | $722,762 | -8.7 |