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Will County Gazette

Sunday, December 22, 2024

University Park collects $102,293 in Municipal Sales Tax in July

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University Park taxpayers paid $102,293 in Municipal Sales Tax in July, according to Illinois tax records.

This is a decrease from the month before when $115,360 was collected.

Taxpayers in University Park have paid $876,937 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
July$102,293-11.3
June$115,3606.7
May$108,098-4.6
April$113,29753
March$74,068-17
February$89,22489.4
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

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