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Friday, November 22, 2024

Rock Island collects $298,266 in Municipal Sales Tax in May

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Rock Island taxpayers paid $298,266 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $321,463 was collected.

Taxpayers in Rock Island have paid $3.7 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 Rock Island in last 12 months
MonthAmount Collected% Change from Previous Month
May$298,266-7.2
April$321,46322.7
March$262,081-6.1
February$279,015-19.5
January$346,45329.8
December 2021$266,885-11
November 2021$299,959-8.3
October 2021$327,13212.1
September 2021$291,7133.1
August 2021$282,858-12.8
July 2021$324,328-14.4
June 2021$378,95128.6

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