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Saturday, April 5, 2025

Hanover Park residents pay $983,645 in Municipal Sales Tax in May

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Hanover Park taxpayers paid $983,645 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $1.4 million was collected.

Taxpayers in Hanover Park have paid $12.5 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 Hanover Park in last 12 months
MonthAmount Collected% Change from Previous Month
May$983,645-31.4
April$1,433,19062.2
March$883,377-4
February$920,000-32.4
January$1,361,78044
December 2021$945,991-10.7
November 2021$1,058,780-14.4
October 2021$1,237,24014.7
September 2021$1,078,36022.8
August 2021$878,386-10.3
July 2021$978,90537
June 2021$714,570-12.1

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