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East Central Reporter

Friday, November 22, 2024

Richland County collects $42,756 in Countywide Sales Tax in July

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 $42,756 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $47,301.

Over the past 12 months, Richland County's residents have collectively paid a total of $514,185 in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

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.

Countywide Sales Tax Collected in Richland County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$42,756-9.6
June$47,30117.7
May$40,172-6.4
April$42,91719.1
March$36,0374
February$34,640-28.3
January$48,2798.9
December 2022$44,345-5.1
November 2022$46,74215.7
October 2022$40,405-3.9
September 2022$42,032-13.4
August 2022$48,5593.4

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