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Monday, December 23, 2024

Logan County collects $24,911 in County Sales Tax in October

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Logan County taxpayers paid $24,911 in County Sales Tax in October, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $33,111.

Over the past 12 months, Logan County's residents have collectively paid a total of $322,035 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
October$24,911-24.8
September$33,11128.5
August$25,759-41.8
July$44,274123.5
June$19,805-5.4
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

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