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South Cook News

Monday, November 25, 2024

Riverdale collects $43,758 in Municipal Sales Tax in May

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Riverdale taxpayers paid $43,758 in Municipal Sales Tax in May, according to Illinois tax records.

This is an increase over the month before when $38,052 was collected.

Taxpayers in Riverdale have paid $534,520 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 Riverdale in last 12 months
MonthAmount Collected% Change from Previous Month
May$43,75815
April$38,052-36.1
March$59,53584.8
February$32,221-22.4
January$41,5033.7
December 2021$40,023-19.5
November 2021$49,72124.3
October 2021$40,008-17.7
September 2021$48,64023.3
August 2021$39,4501.4
July 2021$38,887-38
June 2021$62,72228.6

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