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Monday, December 23, 2024

Troy taxpayers give $213,897 in Municipal Sales Tax in July

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Troy taxpayers paid $213,897 in Municipal Sales Tax in July, according to Illinois tax records.

This is an increase over the month before when $199,927 was collected.

Taxpayers in Troy have paid $2.2 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 Troy in last 12 months
MonthAmount Collected% Change from Previous Month
July$213,8977
June$199,927-2.6
May$205,3345.4
April$194,78728.4
March$151,697-20.2
February$190,0164.4
January$181,9216.7
December 2021$170,570-1.9
November 2021$173,957-2.1
October 2021$177,622-2
September 2021$181,1582.8
August 2021$176,159-5.8

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