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Thursday, July 24, 2025

$28.6 million in Municipal Sales Tax collected in 2020 for Schaumburg

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Schaumburg taxpayers paid $28.6 million in Municipal Sales Tax in 2020, according to Illinois tax records.

This is a decrease from the year before when $30.2 million was collected.

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 Schaumburg in recent years
YearAmount Collected% Change from Previous Year
2020$28,583,410-5.2
2019$30,151,488-7.8

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