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McLean County Times

Sunday, December 22, 2024

Towanda collects $5,744 in Municipal Sales Tax in June

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Towanda taxpayers paid $5,744 in Municipal Sales Tax in June, according to Illinois tax records.

This is an increase over the month before when $4,357 was collected.

Taxpayers in Towanda have paid $52,023 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 Towanda in last 12 months
MonthAmount Collected% Change from Previous Month
June$5,74431.8
May$4,357-7.9
April$4,73117.2
March$4,0369.1
February$3,701-13.9
January$4,2991.6
December 2021$4,23110.5
November 2021$3,830-4.4
October 2021$4,006-13.7
September 2021$4,6433
August 2021$4,50814.5
July 2021$3,937-8.5

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