This is a decrease from the month before when $131,542 was collected.
Taxpayers in South Beloit have paid $1.6 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 South Beloit in last 12 months
Month | Amount Collected | % Change from Previous Month |
---|---|---|
June | $126,971 | -3.5 |
May | $131,542 | -3 |
April | $135,570 | 8.1 |
March | $125,403 | -11.2 |
February | $141,262 | 5.5 |
January | $133,909 | 8.7 |
December 2021 | $123,200 | -17.9 |
November 2021 | $150,102 | 24.3 |
October 2021 | $120,777 | 0.1 |
September 2021 | $120,650 | -5.1 |
August 2021 | $127,116 | -1.7 |
July 2021 | $129,314 | -1.5 |