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Will County Gazette

Tuesday, November 26, 2024

Frankfort 90th highest taxed Illinois municipality in July

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Frankfort taxpayers paid the 90th highest amount in sales taxes in July, according to Illinois tax records.

Taxpayers in Frankfort paid $986,721 in July.

Frankfort was ranked 81st the month before.

Of all the taxes Frankfort residents paid for, Municipal Sales Tax was the most contributed to tax.

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.

Sales Taxes Collected in Frankfort in July
Type of TaxAmount Collected in Month% Change From Previous Month
Municipal Sales Tax$622,565-1.9
Non-Home Rule Sales Tax$364,016-4.4
Municipal Automobile Renting Tax$14153.3

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