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Illinois Valley Times

Saturday, April 12, 2025

$18,823 in Municipal Sales Tax collected in May for Sheridan

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Sheridan taxpayers paid $18,823 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $21,444 was collected.

Taxpayers in Sheridan have paid $233,077 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 Sheridan in last 12 months
MonthAmount Collected% Change from Previous Month
May$18,823-12.2
April$21,444-11.5
March$24,2411.7
February$23,843-7.3
January$25,7337.3
December 2021$23,98715.1
November 2021$20,84311.3
October 2021$18,72321.8
September 2021$15,3779.9
August 2021$13,9905.5
July 2021$13,2603.5
June 2021$12,813-15.6

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