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McHenry Times

Tuesday, November 26, 2024

Cary residents pay $184,800 in Municipal Sales Tax in July

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Cary taxpayers paid $184,800 in Municipal Sales Tax in July, according to Illinois tax records.

This is a decrease from the month before when $199,826 was collected.

Taxpayers in Cary have paid $2.1 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 Cary in last 12 months
MonthAmount Collected% Change from Previous Month
July$184,800-7.5
June$199,82620.5
May$165,881-5.2
April$174,94323
March$142,215-12.8
February$163,096-17.3
January$197,129-1.7
December 2021$200,47520.9
November 2021$165,825-3.1
October 2021$171,2173.6
September 2021$165,2966.4
August 2021$155,344-8.3

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