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Monday, May 20, 2024

Hodgkins residents pay $565,746 in Municipal Sales Tax in July

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Hodgkins taxpayers paid $565,746 in Municipal Sales Tax in July, according to Illinois tax records.

This is a decrease from the month before when $566,822 was collected.

Taxpayers in Hodgkins have paid $6.4 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 Hodgkins in last 12 months
MonthAmount Collected% Change from Previous Month
July$565,746-0.2
June$566,8221.2
May$560,3690.1
April$559,57222.7
March$455,941-1
February$460,510-18.7
January$566,4925.5
December 2021$537,0151.6
November 2021$528,8126.1
October 2021$498,235-2.1
September 2021$508,667-6.7
August 2021$545,325-1.8

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