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Kendall County Times

Saturday, November 23, 2024

Newark taxpayers give $20,612 in Municipal Sales Tax in July

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Newark taxpayers paid $20,612 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $17,081 was collected.

Taxpayers in Newark have paid $182,931 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 Newark in last 12 months
MonthAmount Collected% Change from Previous Month
July$20,61220.7
June$17,08112.4
May$15,193-13.4
April$17,54823.2
March$14,249-1.8
February$14,507-4.7
January$15,22421
December 2021$12,582-12.3
November 2021$14,34511.8
October 2021$12,827-14.9
September 2021$15,08010.2
August 2021$13,683-9.2

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