Quantcast

Kane County Reporter

Monday, November 25, 2024

Geneva collects $573,549 in Municipal Sales Tax in July

2edited

Geneva taxpayers paid $573,549 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $546,422 was collected.

Taxpayers in Geneva have paid $6.2 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 Geneva in last 12 months
MonthAmount Collected% Change from Previous Month
July$573,5495
June$546,4228.7
May$502,4897.3
April$468,15816.9
March$400,541-6.8
February$429,746-38.4
January$697,80128.6
December 2021$542,6377
November 2021$506,945-2.7
October 2021$520,9642.3
September 2021$509,345-1.1
August 2021$514,765-8

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS