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DeKalb Times

Monday, November 25, 2024

$53,541 in Municipal Sales Tax collected in February for Genoa

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Genoa taxpayers paid $53,541 in Municipal Sales Tax in February, according to Illinois tax records.

This is a decrease from the month before when $59,237 was collected.

Taxpayers in Genoa have paid $705,858 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 Genoa in last 12 months
MonthAmount Collected% Change from Previous Month
February$53,541-9.6
January$59,237-3.1
December 2021$61,1208.2
November 2021$56,482-6.5
October 2021$60,4144.8
September 2021$57,638-7.5
August 2021$62,320-3.3
July 2021$64,4264.1
June 2021$61,8911.9
May 2021$60,729-4.7
April 2021$63,74743.9
March 2021$44,313-8.4

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