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Saturday, November 23, 2024

Menard County collects $20,207 in County Sales Tax in February

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Menard County taxpayers paid $20,207 in County Sales Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $25,230.

Over the past 12 months, Menard County's residents have collectively paid a total of $298,864 in County Sales Tax.

The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.

Despite fluctuations in tax collection, Illinois continues to be one of the highest-taxed states in the U.S. According to a Wallet Hub study from March 2023, the state ranked as having the highest tax burden, approximately 39.83% above 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.

County Sales Tax Collected in Menard County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$20,207-19.9
January$25,230-6.8
December 2022$27,073-5.4
November 2022$28,63323.3
October 2022$23,224-8.2
September 2022$25,30627
August 2022$19,927-6.7
July 2022$21,364-49.3
June 2022$42,14946
May 2022$28,86735.4
April 2022$21,32437
March 2022$15,560-13.4

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