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East Central Reporter

Sunday, December 22, 2024

Edgar County residents pay $8,752 in County Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Edgar County taxpayers paid $8,752 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 $12,518.

Over the past 12 months, Edgar County's residents have collectively paid a total of $116,387 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 Edgar County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$8,752-30.1
April$12,51895.6
March$6,400-15.6
February$7,584-45.2
January$13,84830.6
December 2022$10,60730.6
November 2022$8,124-7.4
October 2022$8,775-51.3
September 2022$18,014-
August 2022$0-100
July 2022$9,643-20.5
June 2022$12,122-11.4

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