This is an increase over the month before when $370,931 was collected.
Taxpayers in Lake in the Hills have paid $4.2 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 Lake in the Hills in last 12 months
Month | Amount Collected | % Change from Previous Month |
---|---|---|
July | $403,383 | 8.7 |
June | $370,931 | 1.8 |
May | $364,373 | 2.8 |
April | $354,434 | 19.8 |
March | $295,850 | -4.5 |
February | $309,760 | -15.8 |
January | $367,997 | 6.5 |
December 2021 | $345,407 | 7.4 |
November 2021 | $321,750 | -1.2 |
October 2021 | $325,598 | -26.6 |
September 2021 | $443,763 | 39.9 |
August 2021 | $317,203 | -3.1 |