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Monday, November 25, 2024

Park Ridge residents pay $400,338 in Municipal Sales Tax in May

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Park Ridge taxpayers paid $400,338 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $400,645 was collected.

Taxpayers in Park Ridge have paid $4.8 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 Park Ridge in last 12 months
MonthAmount Collected% Change from Previous Month
May$400,338-0.1
April$400,64512.2
March$356,972-1.5
February$362,341-26.5
January$492,74416.7
December 2021$422,34710.6
November 2021$382,001-2.8
October 2021$393,0450.7
September 2021$390,1350.8
August 2021$387,027-8.4
July 2021$422,6370.1
June 2021$422,1937.2

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