Quantcast

East Central Reporter

Tuesday, November 5, 2024

Richland County collects $33,440 in County Sales Tax in June

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Richland County taxpayers paid $33,440 in County Sales Tax in June, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $15,032.

Over the past 12 months, Richland County's residents have collectively paid a total of $278,783 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
June$33,440122.5
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

MORE NEWS