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Monday, November 18, 2024

Coles County responsible for 20th-highest sales tax revenue in Illinois during May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Coles County taxpayers paid the 20th largest sum in sales taxes in May, according to Illinois tax records.

In total, Coles County residents paid $770,785 in sales taxes during May.

Coles County ranked 21st in the Prairie State the month before, with $800,077 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Coles County residents in May.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 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 Coles County in May
County School Facility Tax [69.8%]Countywide Sales Tax [23.4%]County Sales Tax [6.8%]

Sales Taxes Collected in Coles County in May
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$538,374-4.7
Countywide Sales Tax$180,217-3.5
County Sales Tax$52,1947.5

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