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Quincy Reporter

Tuesday, November 12, 2024

$1 million in Municipal Sales Tax collected in May for Quincy

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Quincy taxpayers paid $1 million in Municipal Sales Tax in May, according to Illinois tax records.

This is an increase over the month before when $1 million was collected.

Taxpayers in Quincy have paid $12.1 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 Quincy in last 12 months
MonthAmount Collected% Change from Previous Month
May$1,030,9000.6
April$1,024,63020.8
March$848,431-4.2
February$885,588-23.3
January$1,154,5709.4
December 2021$1,055,1405.6
November 2021$999,5671.5
October 2021$984,9401
September 2021$974,725-0.6
August 2021$980,822-3.9
July 2021$1,020,340-6.8
June 2021$1,094,2506.9

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