Quantcast

Kendall County Times

Monday, April 29, 2024

Oswego ranks 57th in total sales taxes paid per municipality in Illinois for 2022

Webp david harris 3

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Oswego taxpayers ranked 57th in total sales taxes among Illinois municipalities in 2022, according to Illinois tax records.

In total, Oswego residents paid $16.2 million in sales taxes during 2022.

Oswego ranked 56th in the Prairie State the year before, with $14.6 million spent in sales taxes.

The Municipal Sales Tax accounted for the largest share of sales taxes paid by Oswego residents in 2022.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% 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.

Composition of Sales Tax Revenue in Oswego in 2022
Municipal Sales Tax [52.6%]Municipal Home Rule Sales Tax [47.4%]

Sales Taxes Collected in Oswego in 2022

Type of TaxAmount Collected in Year% Change From Previous Year
Municipal Sales Tax$8,498,5009.1
Municipal Home Rule Sales Tax$7,667,87712.8

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS