This is a decrease from the month before when $543 was collected.
Taxpayers in Magnolia have paid $7,352 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 Magnolia in last 12 months
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| May | $458 | -15.7 |
| April | $543 | 24.8 |
| March | $435 | -9.2 |
| February | $479 | -22.9 |
| January | $621 | 8 |
| December 2021 | $575 | -14.6 |
| November 2021 | $673 | 5.5 |
| October 2021 | $638 | -10.5 |
| September 2021 | $713 | -11.6 |
| August 2021 | $807 | -3.9 |
| July 2021 | $840 | 47.4 |
| June 2021 | $570 | 23.1 |
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