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East Central Reporter

Saturday, November 16, 2024

Richland County taxpayers give $42,087 in Countywide Sales Tax in May

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 paid $42,087 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $43,572.

Over the past 12 months, Richland County's residents have collectively paid a total of $514,332 in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

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.

Countywide Sales Tax Collected in Richland County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$42,087-3.4
April$43,57222.8
March$35,486-11.6
February$40,154-14
January$46,6825.7
December 2023$44,148-6.2
November 2023$47,0679.6
October 2023$42,9450.6
September 2023$42,6958.3
August 2023$39,439-7.8
July 2023$42,756-9.6
June 2023$47,30117.7

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