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Sunday, November 24, 2024

$25,905 in Municipal Sales Tax collected in May for Colona

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Colona taxpayers paid $25,905 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $26,370 was collected.

Taxpayers in Colona have paid $308,486 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 Colona in last 12 months
MonthAmount Collected% Change from Previous Month
May$25,905-1.8
April$26,37016.3
March$22,676-15.2
February$26,7512.3
January$26,1519.1
December 2021$23,973-15.3
November 2021$28,2885.9
October 2021$26,7123.5
September 2021$25,8075.2
August 2021$24,531-1.5
July 2021$24,908-5.7
June 2021$26,414-7.8

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