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West Central Reporter

Monday, November 25, 2024

$1.4 million in Municipal Sales Tax collected in August for Hancock County

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Hancock County taxpayers paid $1.4 million in Municipal Sales Tax in August, according to Illinois tax records.

This is a decrease from the month before when $1.5 million was collected.

Taxpayers in Hancock County have paid $15.7 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 Hancock County in last 12 months
MonthAmount Collected% Change from Previous Month
August$1,449,453,000-3.8
July$1,507,043,0007.8
June$1,397,840,0005.6
May$1,324,117,000-0.3
April$1,328,363,00032.2
March$1,005,142,000-13.2
February$1,158,468,000-21.4
January$1,474,233,00015.8
December 2021$1,273,080,000-5.0
November 2021$1,340,211,0004.4
October 2021$1,284,255,0006.9
September 2021$1,201,700,000-5.6

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