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McHenry Times

Tuesday, November 26, 2024

Greenwood collects $581 in Municipal Sales Tax in July

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Greenwood taxpayers paid $581 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $277 was collected.

Taxpayers in Greenwood have paid $4,481 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 Greenwood in last 12 months
MonthAmount Collected% Change from Previous Month
July$581109.7
June$277-15
May$32646.8
April$22221.3
March$183-25
February$244-44.3
January$43846
December 2021$300-71.4
November 2021$1,050254.7
October 2021$296-12.2
September 2021$33748.5
August 2021$227-26.1

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