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South West Illinois News

Thursday, December 26, 2024

Waterloo residents pay $8,665 in Business District Tax in June

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Waterloo taxpayers paid $8,665 in Business District Tax in June, according to Illinois tax records.

This is a decrease from the month before when $9,696 was collected.

Taxpayers in Waterloo have paid $105,807 in Business District Tax in the last 12 months.

The Business District Tax is collected for other taxing jurisdictions 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.

Business District Tax collected in Waterloo in last 12 months
MonthAmount Collected% Change from Previous Month
June$8,665-10.6
May$9,69626.4
April$7,6700.8
March$7,606-12.4
February$8,679-10.7
January$9,71514.6
December 2021$8,481-9.6
November 2021$9,3781
October 2021$9,28412
September 2021$8,287-14.1
August 2021$9,65211
July 2021$8,694-5.4

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