This is an increase over the month before when $466,535 was collected.
Taxpayers in Sycamore have paid $5 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
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| July | $489,617 | 4.9 |
| June | $466,535 | 8.1 |
| May | $431,758 | 1 |
| April | $427,338 | 25.7 |
| March | $339,933 | -1.2 |
| February | $343,997 | -20.7 |
| January | $433,932 | -0.7 |
| December 2021 | $436,836 | 8 |
| November 2021 | $404,640 | 3.6 |
| October 2021 | $390,701 | 1.1 |
| September 2021 | $386,322 | -5.3 |
| August 2021 | $407,870 | -2 |
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