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Friday, May 3, 2024

Fairmont City residents pay $10,051 in Municipal Sales Tax in February

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Fairmont City taxpayers paid $10,051 in Municipal Sales Tax in February, according to Illinois tax records.

This is a decrease from the month before when $15,747 was collected.

Taxpayers in Fairmont City have paid $163,578 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 Fairmont City in last 12 months
MonthAmount Collected% Change from Previous Month
February$10,051-36.2
January$15,74732.1
December 2021$11,925-4.7
November 2021$12,508-22
October 2021$16,0316.7
September 2021$15,0252.7
August 2021$14,6267
July 2021$13,67112.3
June 2021$12,172-8.1
May 2021$13,242-4.6
April 2021$13,887-5.5
March 2021$14,69384.8

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