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East Central Reporter

Monday, December 23, 2024

Richland County taxpayers give $15,032 in County Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Richland County taxpayers paid $15,032 in County Sales Tax in May, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $24,135.

Over the past 12 months, Richland County's residents have collectively paid a total of $270,507 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 Richland County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$15,032-37.7
April$24,13523
March$19,62538.8
February$14,138-47.8
January$27,10426.6
December 2022$21,408-16.1
November 2022$25,50960.3
October 2022$15,911-33.8
September 2022$24,0488.4
August 2022$22,181-38.8
July 2022$36,25244.1
June 2022$25,1645.3

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