Quantcast

North Cook News

Monday, April 29, 2024

Northbrook residents paid 50th-largest sum in sales taxes per municipality in Illinois during 2022

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Northbrook taxpayers paid the 50th largest sum in sales taxes in 2022, according to Illinois tax records.

In total, Northbrook residents paid $17.4 million in sales taxes during 2022.

Northbrook ranked 48th in the Prairie State the year before, with $16.4 million spent in sales taxes.

The Municipal Sales Tax accounted for the largest share of sales taxes paid by Northbrook residents in 2022.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% 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.

Composition of Sales Tax Revenue in Northbrook in 2022
Municipal Sales Tax [58.3%]Municipal Home Rule Sales Tax [41.7%]Municipal Automobile Renting Tax [0%]

Sales Taxes Collected in Northbrook in 2022

Type of TaxAmount Collected in Year% Change From Previous Year
Municipal Sales Tax$10,123,1824.9
Municipal Home Rule Sales Tax$7,237,2217.9
Municipal Automobile Renting Tax$7,92117.7

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS