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Tuesday, November 5, 2024

Sherrard collects $3,141 in Municipal Sales Tax in July

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Sherrard taxpayers paid $3,141 in Municipal Sales Tax in July, according to Illinois tax records.

This is a decrease from the month before when $3,448 was collected.

Taxpayers in Sherrard have paid $38,254 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 Sherrard in last 12 months
MonthAmount Collected% Change from Previous Month
July$3,141-8.9
June$3,44811.3
May$3,098-15.3
April$3,65841.9
March$2,57825.1
February$2,060-38.7
January$3,36023.6
December 2021$2,719-14
November 2021$3,160-14.1
October 2021$3,677-1.6
September 2021$3,7373.3
August 2021$3,61835.5

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