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Kane County Reporter

Monday, November 25, 2024

Lily Lake residents pay $2,976 in Municipal Sales Tax in July

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Lily Lake taxpayers paid $2,976 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $2,334 was collected.

Taxpayers in Lily Lake have paid $44,056 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 Lily Lake in last 12 months
MonthAmount Collected% Change from Previous Month
July$2,97627.5
June$2,3346.8
May$2,185-35.9
April$3,41170
March$2,007-31.1
February$2,912-35.6
January$4,522-12.5
December 2021$5,1689.4
November 2021$4,7250.4
October 2021$4,706-1.6
September 2021$4,78410.6
August 2021$4,326-5.5

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