Quantcast

North Cook News

Thursday, May 2, 2024

$644,654 in Municipal Sales Tax collected in February for Hoffman Estates

12edited

Hoffman Estates taxpayers paid $644,654 in Municipal Sales Tax in February, according to Illinois tax records.

This is a decrease from the month before when $899,489 was collected.

Taxpayers in Hoffman Estates have paid $9 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 Hoffman Estates in last 12 months
MonthAmount Collected% Change from Previous Month
February$644,654-28.3
January$899,48914.4
December 2021$786,3297
November 2021$734,899-5.7
October 2021$779,3970.7
September 2021$773,8614.8
August 2021$738,125-13.5
July 2021$853,09411.4
June 2021$766,1306.7
May 2021$717,841-11
April 2021$806,44351.8
March 2021$531,166-10.8

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS