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McHenry Times

Monday, November 25, 2024

$4,175 in Municipal Sales Tax collected in July for Oakwood Hills

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Oakwood Hills taxpayers paid $4,175 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $2,748 was collected.

Taxpayers in Oakwood Hills have paid $38,025 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 Oakwood Hills in last 12 months
MonthAmount Collected% Change from Previous Month
July$4,17551.9
June$2,748-11.5
May$3,104-22.2
April$3,98870.2
March$2,343-9.5
February$2,588-27
January$3,5474.5
December 2021$3,39438.9
November 2021$2,444-34.5
October 2021$3,73416.2
September 2021$3,21417
August 2021$2,746-17.4

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