Sherman taxpayers paid $44,979 in Municipal Sales Tax in December 2021, according to Illinois tax records.
This is a decrease from the month before when $48,475 was collected.
Taxpayers in Sherman have paid $524,322 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 Sherman in last 12 months
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| December 2021 | $44,979 | -7.2 |
| November 2021 | $48,475 | 4 |
| October 2021 | $46,622 | -2.4 |
| September 2021 | $47,756 | 2.5 |
| August 2021 | $46,589 | 0.7 |
| July 2021 | $46,283 | -1.4 |
| June 2021 | $46,924 | 14.4 |
| May 2021 | $41,001 | -3.9 |
| April 2021 | $42,676 | 23.8 |
| March 2021 | $34,460 | -13.6 |
| February 2021 | $39,880 | 3.1 |
| January 2021 | $38,677 | 14.4 |
