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Friday, April 4, 2025

Cherry Valley collects $17,542 in Municipal Automobile Renting Tax in 2020

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Cherry Valley taxpayers paid $17,542 in Municipal Automobile Renting Tax in 2020, according to Illinois tax records.

This is an increase over the year before when $12,976 was collected.

The Municipal Automobile Renting 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 Automobile Renting Tax collected in Cherry Valley in recent years
YearAmount Collected% Change from Previous Year
2020$17,54235.2
2019$12,9765.6

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