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East Central Reporter

Friday, November 22, 2024

Shelby County collects $37,550 in County Sales Tax in October

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Shelby County taxpayers paid $37,550 in County Sales Tax in October, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $25,298.

Over the past 12 months, Shelby County's residents have collectively paid a total of $371,233 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 Shelby County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$37,55048.4
September$25,298-4.5
August$26,479-22.1
July$33,9711.4
June$33,4898.6
May$30,8336.1
April$29,06329.1
March$22,509-27
February$30,833-23.5
January$40,28718.2
December 2022$34,08827
November 2022$26,833-20.8

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