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Monday, November 25, 2024

Prospect Heights collects $142,767 in Municipal Sales Tax in May

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Prospect Heights taxpayers paid $142,767 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $149,993 was collected.

Taxpayers in Prospect Heights have paid $1.7 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 Prospect Heights in last 12 months
MonthAmount Collected% Change from Previous Month
May$142,767-4.8
April$149,99324.8
March$120,154-6.5
February$128,537-19.1
January$158,9619
December 2021$145,8172.3
November 2021$142,4882.9
October 2021$138,4952.4
September 2021$135,228-1.1
August 2021$136,789-2.5
July 2021$140,2774.1
June 2021$134,7529.9

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