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McHenry Times

Monday, November 25, 2024

$82.5 million in Municipal Sales Tax collected in August for McHenry County

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McHenry County taxpayers paid $82.5 million in Municipal Sales Tax in August, according to Illinois tax records.

This is a decrease from the month before when $88.9 million was collected.

Taxpayers in McHenry County have paid $978.9 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 McHenry County in last 12 months
MonthAmount Collected% Change from Previous Month
August$82,467,890,000-7.3
July$88,945,793,000-0.6
June$89,521,233,0008.6
May$82,447,709,000less than 0.1%
April$82,421,501,00021.1
March$68,063,190,000-4.4
February$71,210,127,000-22.6
January$91,954,261,00011.5
December 2021$82,442,947,0004.2
November 2021$79,114,438,0000.4
October 2021$78,765,327,000-3.4
September 2021$81,522,641,0002.3

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