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Friday, November 22, 2024

Roscoe residents pay $172,253 in Municipal Sales Tax in February

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Roscoe taxpayers paid $172,253 in Municipal Sales Tax in February, according to Illinois tax records.

This is a decrease from the month before when $194,432 was collected.

Taxpayers in Roscoe have paid $2.4 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 Roscoe in last 12 months
MonthAmount Collected% Change from Previous Month
February$172,253-11.4
January$194,4324.4
December 2021$186,272-10.2
November 2021$207,38210.6
October 2021$187,478-5.7
September 2021$198,808-2.9
August 2021$204,769-6.8
July 2021$219,804-23.8
June 2021$288,40936.9
May 2021$210,72712.6
April 2021$187,20335.9
March 2021$137,7324.1

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