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Kane County Reporter

Thursday, November 28, 2024

South Elgin taxpayers give $509,935 in Municipal Sales Tax in January

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South Elgin taxpayers paid $509,935 in Municipal Sales Tax in January, according to Illinois tax records.

This is an increase over the month before when $465,324 was collected.

Taxpayers in South Elgin have paid $5.1 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 Elgin in last 12 months
MonthAmount Collected% Change from Previous Month
January$509,9359.6
December 2021$465,32411
November 2021$419,372-3.8
October 2021$435,9794.1
September 2021$418,711-2
August 2021$427,435-7.2
July 2021$460,383-6.6
June 2021$492,81225.7
May 2021$392,192-7
April 2021$421,92235.9
March 2021$310,389-7.1
February 2021$334,288-18.1

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