This is a decrease from the year before when $17,542 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
Year | Amount Collected | % Change from Previous Year |
---|---|---|
2021 | $15,521 | -11.5 |
2020 | $17,542 | 35.2 |
2019 | $12,976 | 5.6 |