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Will County Gazette

Sunday, December 22, 2024

$47,103 in Municipal Sales Tax collected in January for University Park

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University Park taxpayers paid $47,103 in Municipal Sales Tax in January, according to Illinois tax records.

This is an increase over the month before when $45,012 was collected.

Taxpayers in University Park have paid $540,056 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 University Park in last 12 months
MonthAmount Collected% Change from Previous Month
January$47,1034.6
December 2021$45,012-16.7
November 2021$54,06831.5
October 2021$41,115-5.4
September 2021$43,477-0.8
August 2021$43,822-22.6
July 2021$56,5896.3
June 2021$53,21826.2
May 2021$42,177-1.3
April 2021$42,74928.1
March 2021$33,362-10.7
February 2021$37,36413.5

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