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McLean County Times

Friday, November 22, 2024

$1,000 in Municipal Sales Tax collected in May for Stanford

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Stanford taxpayers paid $1,000 in Municipal Sales Tax in May, according to Illinois tax records.

This is an increase over the month before when $730 was collected.

Taxpayers in Stanford have paid $10,275 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 Stanford in last 12 months
MonthAmount Collected% Change from Previous Month
May$1,00037
April$73055
March$471-8
February$512-63.3
January$1,39459.7
December 2021$87333.3
November 2021$655-12
October 2021$744-39
September 2021$1,22042.9
August 2021$85410.5
July 2021$773-26.3
June 2021$1,04924.1

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