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Saturday, April 19, 2025

Streamwood collects $2.7 million in Municipal Home Rule Sales Tax in 2021

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Streamwood taxpayers paid $2.7 million in Municipal Home Rule Sales Tax in 2021, according to Illinois tax records.

This is an increase over the year before when $2 million was collected.

The Municipal Home Rule 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 Home Rule Sales Tax collected in Streamwood in recent years
YearAmount Collected% Change from Previous Year
2021$2,686,34535.5
2020$1,982,572-3.1
2019$2,045,819-13.7

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