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Friday, November 22, 2024

Streamwood residents pay $279,550 in Municipal Home Rule Sales Tax in July

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Streamwood taxpayers paid $279,550 in Municipal Home Rule Sales Tax in July, according to Illinois tax records.

This is a decrease from the month before when $287,539 was collected.

Taxpayers in Streamwood have paid $3 million in Municipal Home Rule Sales Tax in the last 12 months.

The Municipal Home Rule 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 Home Rule Sales Tax collected in Streamwood in last 12 months
MonthAmount Collected% Change from Previous Month
July$279,550-2.8
June$287,5399.5
May$262,5575.9
April$247,84325.7
March$197,1160.4
February$196,356-46.6
January$367,79853
December 2021$240,3532.5
November 2021$234,514-6.3
October 2021$250,2742.6
September 2021$243,8712.8
August 2021$237,290-6

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