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Friday, November 1, 2024

$490,433 in Municipal Sales Tax collected in May for Oak Park

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Oak Park taxpayers paid $490,433 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $502,715 was collected.

Taxpayers in Oak Park have paid $5.9 million 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 Oak Park in last 12 months
MonthAmount Collected% Change from Previous Month
May$490,433-2.4
April$502,71523.1
March$408,533-7.5
February$441,546-23.7
January$578,91820.9
December 2021$478,7120.5
November 2021$476,308-2.4
October 2021$488,083-0.4
September 2021$490,0772
August 2021$480,458-8.3
July 2021$523,861-3.3
June 2021$541,98118.6

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