Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $29,219.
Over the past 12 months, Menard County's residents have collectively paid a total of $304,927 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| August | $22,989 | -21.3 |
| July | $29,219 | -13 |
| June | $33,585 | 9.9 |
| May | $30,571 | 32.7 |
| April | $23,038 | 16.3 |
| March | $19,813 | -0.1 |
| February | $19,835 | -22 |
| January | $25,428 | -12 |
| December 2023 | $28,881 | 20.8 |
| November 2023 | $23,914 | 4.5 |
| October 2023 | $22,886 | -7.6 |
| September 2023 | $24,768 | -10.3 |
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