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Sunday, November 17, 2024

Menard County residents pay $20,001 in Countywide Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Menard County taxpayers paid $20,001 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $19,535.

Over the past 12 months, Menard County's residents have collectively paid a total of $217,739 in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

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.

Countywide Sales Tax Collected in Menard County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$20,0012.4
June$19,5358.3
May$18,0440.5
April$17,96316.9
March$15,370-2.2
February$15,717-21.8
January$20,0988.5
December 2022$18,526-8
November 2022$20,14012.6
October 2022$17,892-3.6
September 2022$18,56416.8
August 2022$15,889-10.7

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