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Sunday, April 28, 2024

$455,758 in Municipal Sales Tax collected in July for Sterling

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Sterling taxpayers paid $455,758 in Municipal Sales Tax in July, according to Illinois tax records.

This is a decrease from the month before when $467,446 was collected.

Taxpayers in Sterling have paid $5.2 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 Sterling in last 12 months
MonthAmount Collected% Change from Previous Month
July$455,758-2.5
June$467,4462
May$458,1072.8
April$445,57321.4
March$366,889-0.6
February$368,948-27.4
January$507,94617.7
December 2021$431,547-1.5
November 2021$438,0136.6
October 2021$410,941-3.4
September 2021$425,424-3.5
August 2021$440,9203.3

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