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Monday, December 23, 2024

$744,314 in Municipal Sales Tax collected in 2021 for Hillsboro

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Hillsboro taxpayers paid $744,314 in Municipal Sales Tax in 2021, according to Illinois tax records.

This is an increase over the year before when $619,890 was collected.

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 Hillsboro in recent years
YearAmount Collected% Change from Previous Year
2021$744,31420.1
2020$619,89010.8
2019$559,675-5

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