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Rockford Sun

Sunday, November 24, 2024

Rockford residents pay $2.8 million in Municipal Sales Tax in January

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Rockford taxpayers paid $2.8 million in Municipal Sales Tax in January, according to Illinois tax records.

This is an increase over the month before when $2.3 million was collected.

Taxpayers in Rockford have paid $28.6 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 Rockford in last 12 months
MonthAmount Collected% Change from Previous Month
January$2,791,66019.3
December 2021$2,340,2500.3
November 2021$2,332,9800.1
October 2021$2,331,590-0.5
September 2021$2,342,730-5
August 2021$2,466,690-1.3
July 2021$2,498,530-4.3
June 2021$2,610,1208.4
May 2021$2,408,120-9
April 2021$2,644,84043.4
March 2021$1,843,790-5.7
February 2021$1,954,350-13

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