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East Central Reporter

Tuesday, November 26, 2024

$73,431 in Municipal Sales Tax collected in July for Newton

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Newton taxpayers paid $73,431 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $68,595 was collected.

Taxpayers in Newton have paid $838,345 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 Newton in last 12 months
MonthAmount Collected% Change from Previous Month
July$73,4317.1
June$68,595-6
May$72,986-2.1
April$74,54235.6
March$54,978-17.6
February$66,745-13.1
January$76,8356.8
December 2021$71,9339.6
November 2021$65,642-11.9
October 2021$74,49512.5
September 2021$66,199-8
August 2021$71,9642.6

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