Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a noticeable decrease from the previous month, where County Sales Tax collection stood at $50,553.
Over the past 12 months, Coles County's residents have collectively paid a total of $489,301 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.
Month | Amount Collected | % Change from Previous Month |
---|---|---|
July | $48,129 | -4.8 |
June | $50,553 | 37.1 |
May | $36,861 | -15.4 |
April | $43,570 | 21.6 |
March | $35,830 | 1.6 |
February | $35,262 | -31.3 |
January | $51,291 | 35.7 |
December 2022 | $37,801 | 9.4 |
November 2022 | $34,559 | -18.8 |
October 2022 | $42,582 | 20.7 |
September 2022 | $35,289 | -6.1 |
August 2022 | $37,574 | -28.2 |