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Thursday, November 21, 2024

$20,939 in County Sales Tax collected in May for Logan County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Logan County taxpayers paid $20,939 in County Sales Tax in May, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $24,067.

Over the past 12 months, Logan County's residents have collectively paid a total of $308,311 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 Logan County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$20,939-13
April$24,0670.5
March$23,953-3.9
February$24,91314.8
January$21,695-20.3
December 2022$27,230-13.2
November 2022$31,37810.7
October 2022$28,34511.8
September 2022$25,35822.7
August 2022$20,667-21.3
July 2022$26,266-21.6
June 2022$33,50019.4

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