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McHenry Times

Tuesday, November 26, 2024

$4,913 in Municipal Sales Tax collected in July for Bull Valley

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Bull Valley taxpayers paid $4,913 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $4,532 was collected.

Taxpayers in Bull Valley have paid $50,042 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 Bull Valley in last 12 months
MonthAmount Collected% Change from Previous Month
July$4,9138.4
June$4,532-4.2
May$4,72937.5
April$3,43915.6
March$2,976-20.8
February$3,759-35.6
January$5,83556.8
December 2021$3,721-4.5
November 2021$3,896-0.4
October 2021$3,912-0.8
September 2021$3,945-10
August 2021$4,3853.8

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