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Sunday, November 24, 2024

Cambridge collects $17,308 in Municipal Sales Tax in May

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Cambridge taxpayers paid $17,308 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $21,813 was collected.

Taxpayers in Cambridge have paid $249,962 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 Cambridge in last 12 months
MonthAmount Collected% Change from Previous Month
May$17,308-20.7
April$21,813-7.6
March$23,619-1.6
February$23,999-1.6
January$24,383-5.6
December 2021$25,82923.6
November 2021$20,899-15.6
October 2021$24,77630.7
September 2021$18,95119.2
August 2021$15,899-10.4
July 2021$17,75420.5
June 2021$14,732-22.4

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