After doing very well for the majority of the pandemic, sales tax revenue has begun to level off according to Mt. Carmel finance commissioner Eric Ikemire…
Even with the flattening out, Ikemire said sales tax revenues are still running ahead of levels seen in 2018 and ‘19. Ikemire noted that Illinois income tax revenue is running well ahead of last year’s figures. Considering everything that’s gone on during the last 12 months, Ikemire said city finances are doing well overall.