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Saturday, November 2, 2024

Wood River taxpayers give $336,434 in Municipal Sales Tax in January

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Wood River taxpayers paid $336,434 in Municipal Sales Tax in January, according to Illinois tax records.

This is an increase over the month before when $308,198 was collected.

Taxpayers in Wood River have paid $3.9 million 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 Wood River in last 12 months
MonthAmount Collected% Change from Previous Month
January$336,4349.2
December 2021$308,1980.7
November 2021$306,1461.5
October 2021$301,484-1.7
September 2021$306,824-5.6
August 2021$325,142-4.4
July 2021$340,190-7
June 2021$365,9757.2
May 2021$341,443-9.3
April 2021$376,33840.4
March 2021$268,123-11.4
February 2021$302,5277

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