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East Central Reporter

Wednesday, November 6, 2024

$13,200 in Municipal Sales Tax collected in May for Toledo

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Toledo taxpayers paid $13,200 in Municipal Sales Tax in May, according to Illinois tax records.

This is a decrease from the month before when $14,329 was collected.

Taxpayers in Toledo have paid $160,175 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 Toledo in last 12 months
MonthAmount Collected% Change from Previous Month
May$13,200-7.9
April$14,32910.4
March$12,9772.5
February$12,655-8.2
January$13,7878.2
December 2021$12,745-7.1
November 2021$13,7225
October 2021$13,06617.8
September 2021$11,095-23.2
August 2021$14,4509.6
July 2021$13,186-11.9
June 2021$14,963-0.4

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