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Kane County Reporter

Monday, November 25, 2024

$490,977 in Municipal Sales Tax collected in July for South Elgin

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South Elgin taxpayers paid $490,977 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $468,929 was collected.

Taxpayers in South Elgin have paid $5.3 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
July$490,9774.7
June$468,9293.8
May$451,9644
April$434,45818.2
March$367,668-5
February$387,078-24.1
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

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