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East Central Reporter

Friday, November 8, 2024

Altamont collects $38,127 in Municipal Sales Tax in June

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Altamont taxpayers paid $38,127 in Municipal Sales Tax in June, according to Illinois tax records.

This is an increase over the month before when $32,973 was collected.

Taxpayers in Altamont have paid $398,350 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 Altamont in last 12 months
MonthAmount Collected% Change from Previous Month
June$38,12715.6
May$32,973-2.8
April$33,92331.9
March$25,714-11.4
February$29,013-20.8
January$36,64812.6
December 2021$32,557-2.1
November 2021$33,2405.2
October 2021$31,586-9.9
September 2021$35,0401.5
August 2021$34,527-1.4
July 2021$35,0025.2

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