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Saturday, May 4, 2024

Richland County residents rank 56th in total sales taxes paid in Illinois for October 2023

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 ranked 56th in total sales taxes paid per county in October 2023, according to Illinois tax records.

In total, Richland County residents paid $295,532 in sales taxes during October 2023.

Richland County ranked 55th in the Prairie State the month before, with $307,246 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Richland County residents in October 2023.

Illinois is currently the highest taxed state in the US. A study from Wallet Hub found Illinois taxes are 39.83% higher than 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.

Composition of Sales Tax Revenue in Richland County in October 2023
County School Facility Tax [51.5%]Special County Retailers Occupation Tax [25.7%]Countywide Sales Tax [14.5%]County Sales Tax [8.3%]

Sales Taxes Collected in Richland County in October 2023
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$152,323-3.5
Special County Retailers Occupation Tax$75,822-3.6
Countywide Sales Tax$42,9450.6
County Sales Tax$24,442-13

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