Quantcast

East Central Reporter

Tuesday, November 5, 2024

$10,736 in County Sales Tax collected in June for Cumberland County

Webp david harris 2

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Cumberland County taxpayers paid $10,736 in County Sales Tax in June, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $11,621.

Over the past 12 months, Cumberland County's residents have collectively paid a total of $108,018 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 Cumberland County Over Last 12 months
MonthAmount Collected% Change from Previous Month
June$10,736-7.6
May$11,621-16.6
April$13,93198.4
March$7,023-14.3
February$8,191-31.1
January$11,89529.9
December 2022$9,15523
November 2022$7,443-1.4
October 2022$7,54510.8
September 2022$6,8083.8
August 2022$6,557-7.8
July 2022$7,113-10.1

MORE NEWS