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Friday, September 20, 2024

Sangamon County taxpayers give $749,590 in Countywide Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Sangamon County taxpayers paid $749,590 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $796,416.

Over the past 12 months, Sangamon County's residents have collectively paid a total of $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
May$749,590-5.9
April$796,41617.6
March$677,4358.2
February$625,873-26.6
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

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