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East Central Reporter

Thursday, November 7, 2024

Altamont collects $10,889 in Business District Tax in July

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Altamont taxpayers paid $10,889 in Business District Tax in July, according to Illinois tax records.

This is an increase over the month before when $9,674 was collected.

Taxpayers in Altamont have paid $102,437 in Business District Tax in the last 12 months.

The Business District Tax is collected for other taxing jurisdictions 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.

Business District Tax collected in Altamont in last 12 months
MonthAmount Collected% Change from Previous Month
July$10,88912.6
June$9,6747.4
May$9,00410
April$8,18926.2
March$6,489-9
February$7,133-14.9
January$8,3781.2
December 2021$8,275-1.5
November 2021$8,4046.8
October 2021$7,870-10.4
September 2021$8,780-6.1
August 2021$9,3527.7

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