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Wednesday, December 18, 2024

Sherman residents pay $11,533 in Municipal Home Rule Sales Tax in February

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Sherman taxpayers paid $11,533 in Municipal Home Rule Sales Tax in February, according to Illinois tax records.

This is a decrease from the month before when $15,445 was collected.

Taxpayers in Sherman have paid $159,276 in Municipal Home Rule Sales Tax in the last 12 months.

The Municipal Home Rule 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 Home Rule Sales Tax collected in Sherman in last 12 months
MonthAmount Collected% Change from Previous Month
February$11,533-25.3
January$15,44514.6
December 2021$13,476-7.5
November 2021$14,57411.1
October 2021$13,120-7.7
September 2021$14,211-1.1
August 2021$14,375-0.2
July 2021$14,4071
June 2021$14,26818.4
May 2021$12,053-2.8
April 2021$12,40131.7
March 2021$9,413-13.5

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