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Sunday, November 24, 2024

$587,974 in Municipal Sales Tax collected in May for Streamwood

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Streamwood taxpayers paid $587,974 in Municipal Sales Tax in May, according to Illinois tax records.

This is an increase over the month before when $576,028 was collected.

Taxpayers in Streamwood have paid $6.5 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 Streamwood in last 12 months
MonthAmount Collected% Change from Previous Month
May$587,9742.1
April$576,02824.1
March$464,3181.6
February$456,935-19.6
January$568,3627.1
December 2021$530,513-4.2
November 2021$553,8032.7
October 2021$539,306-3.6
September 2021$559,675-1.4
August 2021$567,4970.2
July 2021$566,3411
June 2021$560,68112.3

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