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Sunday, January 12, 2025

North Aurora residents rank 97th in total sales taxes paid in Illinois for October 2024

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

North Aurora taxpayers ranked 97th in total sales taxes paid per municipality in October 2024, according to Illinois tax records.

In total, North Aurora residents paid $893,937 in sales taxes during October 2024.

North Aurora ranked 104th in the Prairie State the month before, with $887,176 spent in sales taxes.

The Municipal Sales Tax accounted for the largest share of sales taxes paid by North Aurora residents in October 2024.

In Illinois, Municipal Sales Taxes, typically set at 1%, are combined with the state sales tax of 5% and a county tax of 0.25%, resulting in a total state tax rate of 6.25%. These taxes vary at local level and are aimed at diverse municipal needs, like infrastructure and public services. The revenue generated from these taxes is destined to fund local government operations, public safety, education, and community development projects.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% 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.

Composition of Sales Tax Revenue in North Aurora in October 2024
Municipal Sales Tax [68.7%]Non-Home Rule Sales Tax [31.3%]Municipal Automobile Renting Tax [0%]

Sales Taxes Collected in North Aurora in October 2024
Type of TaxAmount Collected in Month% Change From Previous Month
Municipal Sales Tax$613,839-2.2
Non-Home Rule Sales Tax$279,8998.1
Municipal Automobile Renting Tax$199-74.8

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