Quantcast

Sangamon Sun

Tuesday, December 24, 2024

Sangamon County residents pay $762,392 in Countywide Sales Tax in July

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Sangamon County taxpayers paid $762,392 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $799,051.

Over the past 12 months, Sangamon County's residents have collectively paid a total of $9.1 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
July$762,392-4.6
June$799,0516.6
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

MORE NEWS