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Kane County Reporter

Saturday, May 4, 2024

Montgomery collects $490,842 in Municipal Sales Tax in May

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Montgomery taxpayers paid $490,842 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $500,587 was collected.

Taxpayers in Montgomery have paid $5.6 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 Montgomery in last 12 months
MonthAmount Collected% Change from Previous Month
May$490,842-1.9
April$500,58723.9
March$404,027-1.5
February$410,033-23.4
January$535,04711.8
December 2021$478,5034
November 2021$459,921-2.1
October 2021$469,9933.6
September 2021$453,747-3.9
August 2021$472,0840.4
July 2021$470,350-1.2
June 2021$476,1344.9

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