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Saturday, November 2, 2024

Wood River residents pay $70,225 in Business District Tax in January

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Wood River taxpayers paid $70,225 in Business District Tax in January, according to Illinois tax records.

This is an increase over the month before when $55,022 was collected.

Taxpayers in Wood River have paid $645,126 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 Wood River in last 12 months
MonthAmount Collected% Change from Previous Month
January$70,22527.6
December 2021$55,0227.3
November 2021$51,30011.9
October 2021$45,828-9.7
September 2021$50,768-2.5
August 2021$52,056-1.7
July 2021$52,942-5.7
June 2021$56,1690.3
May 2021$55,991-11.5
April 2021$63,23245.6
March 2021$43,436-9.8
February 2021$48,157-24.4

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