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Galesburg Reporter

Tuesday, November 26, 2024

Monmouth collects $116,863 in Municipal Sales Tax in May

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Monmouth taxpayers paid $116,863 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $119,210 was collected.

Taxpayers in Monmouth have paid $1.3 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 Monmouth in last 12 months
MonthAmount Collected% Change from Previous Month
May$116,863-2
April$119,21024.3
March$95,899-7.9
February$104,134-10
January$115,6538.1
December 2021$107,021-4.7
November 2021$112,300-2
October 2021$114,6448.6
September 2021$105,580-4.1
August 2021$110,1501.1
July 2021$108,967-8.3
June 2021$118,7668.8

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