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Sunday, November 17, 2024

Sangamon County residents pay $765,953 in Countywide Sales Tax in July

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Sangamon County taxpayers paid $765,953 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $772,057.

Over the past 12 months, Sangamon County's residents have collectively paid a total of $8.7 million 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 Sangamon County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$765,953-0.8
June$772,0576.3
May$726,182-1.2
April$735,14416.7
March$630,032-1.2
February$637,701-22.4
January$821,60011
December 2022$740,3972.6
November 2022$721,594-0.7
October 2022$726,359-0.7
September 2022$731,4881.9
August 2022$717,644-6.9

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