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East Central Reporter

Sunday, December 22, 2024

Richland County collects $22,245 in County 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 $22,245 in County Sales Tax in May, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $24,710.

Over the past 12 months, Richland County's residents have collectively paid a total of $278,674 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 Richland County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$22,245-10
April$24,71056.2
March$15,822-27.7
February$21,890-15.3
January$25,85119.1
December 2023$21,70214
November 2023$19,043-22.1
October 2023$24,442-13
September 2023$28,08852.5
August 2023$18,418-20
July 2023$23,023-31.2
June 2023$33,440122.5

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