Quantcast

DeKalb Times

Sunday, November 24, 2024

Cortland collects $42,967 in Municipal Sales Tax in May

10edited

Cortland taxpayers paid $42,967 in Municipal Sales Tax in May, according to Illinois tax records.

This is an increase over the month before when $29,878 was collected.

Taxpayers in Cortland have paid $466,661 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 Cortland in last 12 months
MonthAmount Collected% Change from Previous Month
May$42,96743.8
April$29,87812.3
March$26,607-24.8
February$35,36317.9
January$30,005-22.3
December 2021$38,6250.1
November 2021$38,599-13.1
October 2021$44,4088.9
September 2021$40,773-8.7
August 2021$44,656-8.9
July 2021$48,9997
June 2021$45,781-3.2

MORE NEWS