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East Central Reporter

Sunday, November 24, 2024

Analysis: Sales tax funded 9 percent of City of Watseka budget in 2016

Money759

The City of Watseka's local sales tax brought in $656,408 in 2016, according to Illinois State Comptroller revenue data. Watseka, population 5,144, relied on its local sales tax to contribute 9 percent of total revenue that year.

Watseka levies a 0.75 percent sales tax. The average of one suburbs in Iroquois County is 0.75. The high is 0.75 percent; the low is 0.75 percent.

East Central Reporter analyzed the sales tax collections in one Iroquois County suburbs and found they generated a total of $656,408 in tax revenue in 2016. That was the equivalent of 9% spent by local government.

Below is a list of Iroquois County municipalities' local tax revenue.

Municipality
Population
Local sales tax rate
2016 revenue from sales tax
Percent of total revenue
City of Watseka
5,144
0.75%
$656,408
9%

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