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Illinois Valley Times

Monday, November 4, 2024

Coal City collects $749,540 in Municipal Sales Tax in 2021

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Coal City taxpayers paid $749,540 in Municipal Sales Tax in 2021, according to Illinois tax records.

This is an increase over the year before when $558,613 was collected.

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 Coal City in recent years
YearAmount Collected% Change from Previous Year
2021$749,54034.2
2020$558,61323.3
2019$452,879-19.6

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