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McHenry Times

Monday, November 25, 2024

Trout Valley collects $827 in Municipal Sales Tax in July

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Trout Valley taxpayers paid $827 in Municipal Sales Tax in July, according to Illinois tax records.

This is a decrease from the month before when $1,019 was collected.

Taxpayers in Trout Valley have paid $9,116 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 Trout Valley in last 12 months
MonthAmount Collected% Change from Previous Month
July$827-18.8
June$1,01960.7
May$634-18.7
April$78029.4
March$6030.2
February$602-37.6
January$965-20.5
December 2021$1,214107.5
November 2021$585-29.3
October 2021$82865.9
September 2021$499-10.9
August 2021$560-7.7

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