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Rockford Sun

Monday, December 23, 2024

Cherry Valley residents pay $1,125 in Municipal Automobile Renting Tax in June

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Cherry Valley taxpayers paid $1,125 in Municipal Automobile Renting Tax in June, according to Illinois tax records.

This is a decrease from the month before when $1,202 was collected.

Taxpayers in Cherry Valley have paid $15,250 in Municipal Automobile Renting Tax in the last 12 months.

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 last 12 months
MonthAmount Collected% Change from Previous Month
June$1,125-6.4
May$1,2022.1
April$1,17749.6
March$787-14.8
February$9242.4
January$902-11.5
December 2021$1,019-22.1
November 2021$1,30827
October 2021$1,030-50.8
September 2021$2,0939.1
August 2021$1,9198.8
July 2021$1,76419.2

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