Illinois is Giving Local Governments More Tax Information

Illinois is Giving Local Governments More Tax Information

ILLINOIS (IRN) — Local governments in Illinois can now see just how much they, and their neighbors, are getting in tax money from the state.

The Illinois Department of Revenue’s latest addition to its website is designed to let officials cities, towns, and counties know exactly what they’re getting from the state.

The MyLocalTax section provides the latest numbers on the local share of sales taxes, gas taxes and dozens of other taxes collected by the state and sent back to local governments.

Department of Revenue Director David Harris said the information will also allow local officials to make sure they are getting all of their taxes as well.

“Now, you’re going to be able to get on the computer, sit down at your keyboard and you’ll be able to find out online if ABC Plumbing Company is correctly allocated to their municipality,” Harris said. “And make sure that it’s accurate.”

Harris said the idea is to make sure that the state gets the dollars to the right governments on time.

“The objective obviously is to get the dollars into the proper accounts in a timely manner,” he said. “This will allow local governments to go online to look and see, and make sure those dollars are there when they are supposed to be there.”

Harris said the state already shares tax information online with people and tax professionals. He said sharing tax information with local governments just makes sense.

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