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Will County Gazette

Monday, May 20, 2024

University Park collects $293,460 in Municipal Home Rule Sales Tax in 2020

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University Park taxpayers paid $293,460 in Municipal Home Rule Sales Tax in 2020, according to Illinois tax records.

This is a decrease from the year before when $309,619 was collected.

The Municipal Home Rule 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 Home Rule Sales Tax collected in University Park in recent years
YearAmount Collected% Change from Previous Year
2020$293,460-5.2
2019$309,619-13.9

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