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West Central Reporter

Monday, November 25, 2024

Colchester collects $8,118 in Municipal Sales Tax in June

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Colchester taxpayers paid $8,118 in Municipal Sales Tax in June, according to Illinois tax records.

This is an increase over the month before when $7,636 was collected.

Taxpayers in Colchester have paid $81,505 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 Colchester in last 12 months
MonthAmount Collected% Change from Previous Month
June$8,1186.3
May$7,6365.2
April$7,26038.2
March$5,253-16.3
February$6,278-12.3
January$7,15615.5
December 2021$6,1947.1
November 2021$5,781-12.3
October 2021$6,594-5.8
September 2021$6,999-1
August 2021$7,073-1.3
July 2021$7,16312.9

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