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Illinois Valley Times

Friday, May 3, 2024

Coal City residents pay $64,043 in Municipal Sales Tax in May

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Coal City taxpayers paid $64,043 in Municipal Sales Tax in May, according to Illinois tax records.

This is an increase over the month before when $62,470 was collected.

Taxpayers in Coal City have paid $787,768 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 Coal City in last 12 months
MonthAmount Collected% Change from Previous Month
May$64,0432.5
April$62,47017.3
March$53,268-9.5
February$58,834-12.2
January$66,9808.4
December 2021$61,7820.8
November 2021$61,273-7.3
October 2021$66,0771.8
September 2021$64,8912.2
August 2021$63,507-6.2
July 2021$67,713-30.1
June 2021$96,93062.3

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