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Saturday, November 23, 2024

Rolling Meadows residents pay $368,760 in Municipal Sales Tax in July

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Rolling Meadows taxpayers paid $368,760 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $361,681 was collected.

Taxpayers in Rolling Meadows have paid $4 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 Rolling Meadows in last 12 months
MonthAmount Collected% Change from Previous Month
July$368,7602
June$361,68110
May$328,9034.6
April$314,33414.7
March$273,972-13.9
February$318,081-17.2
January$384,0475.4
December 2021$364,1996.2
November 2021$342,983-1.8
October 2021$349,3597.4
September 2021$325,2764.5
August 2021$311,294-3.7

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