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East Central Reporter

Wednesday, November 27, 2024

Cumberland County taxpayers give $10,486 in County Sales Tax in August

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Cumberland County taxpayers paid $10,486 in County Sales Tax in August, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $11,410.

Over the past 12 months, Cumberland County's residents have collectively paid a total of $116,244 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
August$10,486-8.1
July$11,4106.3
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

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