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Saturday, November 23, 2024

$157,120 in Municipal Sales Tax collected in May for Geneseo

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Geneseo taxpayers paid $157,120 in Municipal Sales Tax in May, according to Illinois tax records.

This is an increase over the month before when $154,931 was collected.

Taxpayers in Geneseo have paid $1.8 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 Geneseo in last 12 months
MonthAmount Collected% Change from Previous Month
May$157,1201.4
April$154,93130.1
March$119,055-7.8
February$129,137-26.1
January$174,72716
December 2021$150,667-2.6
November 2021$154,651-2.9
October 2021$159,2345.8
September 2021$150,535-3.4
August 2021$155,781-2.2
July 2021$159,352-2.9
June 2021$164,110-0.5

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