This figure marks a significant decrease from the previous month, when Business District Tax collection stood at $174,372.
Taxpayers in Bourbonnais have paid $1.8 million in Business District Tax in the last 12 months.
The Business District Tax is an additional levy within certain business districts, designed to help fund improvements and services in those areas. The tax rate and its use can vary significantly based on the specific needs of each district. It's common for this tax to be adjusted periodically to reflect changing requirements for district development and maintenance.
A 2025 WalletHub study found that Illinois has the highest overall taxes in the U.S., with rates more than 50% higher than the national average. The study estimates that a median household in Illinois pays an effective tax rate of 16.58%, or about $13,099 per year.
Month | Amount Collected | % Change from Previous Month |
---|---|---|
February 2025 | $142,434 | -18.3% |
January 2025 | $174,372 | 8.1% |
December 2024 | $161,265 | -4.8% |
November 2024 | $169,448 | 15.6% |
October 2024 | $146,519 | -7.8% |
September 2024 | $158,929 | 5.3% |
August 2024 | $150,932 | 8.1% |
July 2024 | $139,660 | -5.9% |
June 2024 | $148,363 | 5.3% |
May 2024 | $140,914 | -3.8% |
April 2024 | $146,414 | 21.6% |
March 2024 | $120,429 | -0.5% |