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Illinois Valley Times

Saturday, May 18, 2024

Diamond residents pay $25,098 in Municipal Sales Tax in May

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Diamond taxpayers paid $25,098 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $26,259 was collected.

Taxpayers in Diamond have paid $282,345 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 Diamond in last 12 months
MonthAmount Collected% Change from Previous Month
May$25,098-4.4
April$26,25936.2
March$19,2841
February$19,090-22.3
January$24,5747.8
December 2021$22,800-1.1
November 2021$23,062-6.3
October 2021$24,6028.8
September 2021$22,614-8.1
August 2021$24,616-6
July 2021$26,1878.4
June 2021$24,1597.9

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