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Friday, November 22, 2024

$3,775 in Municipal Sales Tax collected in February for Reynolds

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Reynolds taxpayers paid $3,775 in Municipal Sales Tax in February, according to Illinois tax records.

This is an increase over the month before when $3,113 was collected.

Taxpayers in Reynolds have paid $43,225 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 Reynolds in last 12 months
MonthAmount Collected% Change from Previous Month
February$3,77521.3
January$3,113-7.7
December 2021$3,371-2.6
November 2021$3,460-0.1
October 2021$3,46218.7
September 2021$2,916-26.6
August 2021$3,97539.5
July 2021$2,850-45.3
June 2021$5,21343.8
May 2021$3,6255.8
April 2021$3,425-15.2
March 2021$4,04014.6

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