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Thursday, November 21, 2024

Logan County collects $18,994 in County Sales Tax in June

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Logan County taxpayers paid $18,994 in County Sales Tax in June, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $26,613.

Over the past 12 months, Logan County's residents have collectively paid a total of $342,406 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
June$18,994-28.6
May$26,613-22.6
April$34,40464.6
March$20,904-7.3
February$22,541-22.7
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

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