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Dupage Policy Journal

Tuesday, November 26, 2024

Oakbrook Terrace residents pay $358,410 in Municipal Sales Tax in February

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Oakbrook Terrace taxpayers paid $358,410 in Municipal Sales Tax in February, according to Illinois tax records.

This is an increase over the month before when $237,524 was collected.

Taxpayers in Oakbrook Terrace have paid $2.8 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 Oakbrook Terrace in last 12 months
MonthAmount Collected% Change from Previous Month
February$358,41050.9
January$237,5244.7
December 2021$226,8690.9
November 2021$224,866-4.2
October 2021$234,6296
September 2021$221,406-4.1
August 2021$230,885-6.1
July 2021$245,9845.3
June 2021$233,5279.8
May 2021$212,7354.8
April 2021$203,04034.7
March 2021$150,727-15

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