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DeKalb Times

Saturday, November 23, 2024

$339,933 in Municipal Sales Tax collected in March for Sycamore

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Sycamore taxpayers paid $339,933 in Municipal Sales Tax in March, according to Illinois tax records.

This is a decrease from the month before when $343,997 was collected.

Taxpayers in Sycamore have paid $4.8 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 Sycamore in last 12 months
MonthAmount Collected% Change from Previous Month
March$339,933-1.2
February$343,997-20.7
January$433,932-0.7
December 2021$436,8368
November 2021$404,6403.6
October 2021$390,7011.1
September 2021$386,322-5.3
August 2021$407,870-2
July 2021$416,2221
June 2021$412,0250.7
May 2021$409,242-2.6
April 2021$420,17736.4

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