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Sunday, November 24, 2024

$853,232 in Countywide Sales Tax collected in January for Sangamon County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Sangamon County taxpayers paid $853,232 in Countywide Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $771,066.

Over the past 12 months, Sangamon County's residents have collectively paid a total of $8.9 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
January$853,23210.7
December 2023$771,0663.4
November 2023$745,642-1.1
October 2023$753,801-3.4
September 2023$780,0135.2
August 2023$741,592-3.2
July 2023$765,953-0.8
June 2023$772,0576.3
May 2023$726,182-1.2
April 2023$735,14416.7
March 2023$630,032-1.2
February 2023$637,701-22.4

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