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Tuesday, November 26, 2024

Riverside residents pay $43,381 in Municipal Sales Tax in January

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Riverside taxpayers paid $43,381 in Municipal Sales Tax in January, according to Illinois tax records.

This is an increase over the month before when $38,801 was collected.

Taxpayers in Riverside have paid $430,273 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 Riverside in last 12 months
MonthAmount Collected% Change from Previous Month
January$43,38111.8
December 2021$38,8010.7
November 2021$38,5372.2
October 2021$37,7092.3
September 2021$36,8726.6
August 2021$34,583-11
July 2021$38,8574.5
June 2021$37,1762.5
May 2021$36,257-3.3
April 2021$37,49462.8
March 2021$23,036-16.4
February 2021$27,57035.7

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