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Saturday, November 23, 2024

$29,178 in County Sales Tax collected in January 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 $29,178 in County Sales Tax in January, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $34,056.

Over the past 12 months, Logan County's residents have collectively paid a total of $332,627 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
January$29,178-14.3
December 2023$34,05623.1
November 2023$27,66111
October 2023$24,911-24.8
September 2023$33,11128.5
August 2023$25,759-41.8
July 2023$44,274123.5
June 2023$19,805-5.4
May 2023$20,939-13
April 2023$24,0670.5
March 2023$23,953-3.9
February 2023$24,91314.8

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