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DeKalb Times

Monday, November 25, 2024

Sycamore 98th highest taxed Illinois municipality in February

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Sycamore taxpayers paid the 98th highest amount in sales taxes in February, according to Illinois tax records.

Taxpayers in Sycamore paid $702,400 in February.

Sycamore was ranked 106th the month before.

Of all the taxes Sycamore residents paid for, Municipal Home Rule Sales Tax was the most contributed to tax.

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.

Sales Taxes Collected in Sycamore in February
Type of TaxAmount Collected in Month% Change From Previous Month
Municipal Home Rule Sales Tax$358,403-22.9
Municipal Sales Tax$343,997-20.7

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