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Saturday, April 27, 2024

Hoffman Estates taxpayers give $807,886 in Municipal Sales Tax in May

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Hoffman Estates taxpayers paid $807,886 in Municipal Sales Tax in May, according to Illinois tax records.

This is an increase over the month before when $781,859 was collected.

Taxpayers in Hoffman Estates have paid $9.2 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
May$807,8863.3
April$781,85925.4
March$623,461-3.3
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

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