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Friday, April 11, 2025

Inverness residents pay $20,642 in Municipal Sales Tax in July

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Inverness taxpayers paid $20,642 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $17,898 was collected.

Taxpayers in Inverness have paid $216,714 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 Inverness in last 12 months
MonthAmount Collected% Change from Previous Month
July$20,64215.3
June$17,8981.4
May$17,65110.1
April$16,0286.2
March$15,095-1.9
February$15,392-29.3
January$21,757-5.4
December 2021$23,00328.6
November 2021$17,8823.3
October 2021$17,3063.3
September 2021$16,755-3.2
August 2021$17,305-19.8

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