This is an increase over the month before when $39,463 was collected.
Taxpayers in Sherman have paid $542,938 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 |
|---|---|---|
| May | $44,039 | 11.6 |
| April | $39,463 | 2.6 |
| March | $38,478 | -8.9 |
| February | $42,255 | -17.3 |
| January | $51,075 | 13.6 |
| 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 |
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